Pakistan-based International Textile Ltd (ITL) has deployed SAP’s business software solutions by entering into a partnership with SAP, to bring technology-driven success across its international textile manufacturing. To support ...
China and Australia have signed a free trade agreement which intends to scrap tariffs on products such as dairy, beef, seafood, wine, fruit and vegetables. With this deal, the Australian farmers will get a tariff-free access to the ...
Tags: free trade agreement, Australia, China
New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...
Tags: cotton futures, market report, Textile
Most of the panel of speakers at ICAC’s 73rd Plenary Meeting, were of the consensus that all stake holders in the cotton industry should work together to increase its consumption, vis-a-vis manmade fibres (MMF). "Cotton is a ...
Tags: Cotton, synthetic fibres, Textile
In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled nine million mt in October this year, decreasing by 9.4 percent compared to September, according to the ...
Tags: Coal Exports, Coal
The Russian government is set to import meat and dairy products from Israel by the end of this year, said Russian Deputy Economic Development Minister Aleksey Likhachyov. This follows Russia's one-year ban on the import of certain food ...
Australia-based beverage company Casella Family Brands will acquire Peter Lehmann Wines from the Hess Group for $49.5m. The Yellow Tail wine producer has offered $1.31 per share for Peter Lehmann's winery and brand. Upon completion ...
Australian mining heiress Gina Rinehart is planning to invest $500m in a new infant milk powder venture Hope Dairies. According to media reports, Rinehart is expected to sign a memorandum of understanding with Queensland Government and ...
File image courtesy of Australian Customs and Border Protection Service. Hunt & Hunt lawyers, together with the Freight & Trade Alliance (FTA), has made a joint submission to Customs regarding its proposed changes to the criteria for ...
Quiksilver Inc. reached a definitive agreement to sell its majority stake in online retailer Surfdome to Surfstitch of Australia for net proceeds of approximately (US)$16 million for its equity interest, loans and other amounts due from ...
Tags: Quiksilver, Surfdome, Sporting Goods
Three researchers from Queensland University of Technology (QUT), Australia have developed supercapacitors, which can be embedded into a car's body panels, roof, doors, bonnet and floor to fast track charging of electric battery. ...
The Australian Government should call for an update to the international fuel stockpiling rules and take responsibility for holding emergency fuel stocks, the chief executive of the Australian Trucking Association Stuart St Clair said. ...
Tags: Truckers, Fuel Security
New research has highlighted a growing gap between consumers’ expectations and retailers’ capabilities when it comes to delivering great shopping, resulting in consumers preferring to shop with retailers that are ...
Australia Post has officially opened its upgraded Sydney Parcel Facility, part of a $2 billion investment in capability across the country that will dramatically increase capacity in time for the Christmas rush. The upgrade to the ...
Tags: Parcel Facility, logistics