Improved consumer confidence and spending helped drive retail sales in May. According to the National Retail Federation, the world’s largest retail trade association, May retail sales (excluding automobiles, gas stations and ...
Tags: Retail Sales, Apparel
Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...
Tags: Asian Markets
Euratex held its General Assembly the 29th May in Brussels in presence of industrialists, Textile and Clothing (T&C) experts and EU officials under the theme “Textile and Clothing Industry in a changing economic environment”. ...
Tags: Euratex, Economic Environment
Import volume at the nation’s major retail container ports is expected to increase 1.1 percent in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday ...
Tags: Merchandise Imports, Textile
The Canadian Government has launched new Parents of Critically Ill Children (PCIC) benefit through Employment Insurance (EI) program, the country's Human Resources and Skills Development minister Diane Finley said. An intitative of the ...
The Cabinet Office and Cyber Security Challenge UK have teamed up to go in search of students aged from 14 to 16 who have "the potential to become professional cyber defenders". With support from security companies including QinetiQ, ...
Tags: Computer Products, Classroom, Cybersecurity
The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
Cree has received a matching $2.3 million U.S. Department of Energy grant to advance its research and development of light-emitting diode, or LED, lighting products. The agency said the $10.1 million in competitive, matching grants to ...
Tags: LED Lighting, Lights, Lighting
A Taiwanese firm will invest P 360 million (US$ 8.5 million) to set up its third project, a new garment manufacturing unit, in the Clark Freeport area of Pampanga province of the Philippines. Taiwan’s MSK Group Work, Inc. has signed ...
Marks & Spencer (M&S) today publishes its latest Plan A Report which shows progress against the programme’s 180 sustainability commitments, including its stretching 2015 targets. 139 of the 180 commitments have been achieved ...
Tags: Apparel, Marks&Spencer
BASF is implementing its global “We create chemistry” strategy in Asia Pacific with a set of ambitious targets and a focus on sustainability. To achieve sales of €25 billion to customers in the region by 2020, BASF’s ...
Tags: BASF, water treatment
Seven large companies in east Netherlands have formed industrial partnerships with the aim of accelerating technological innovations relating to new high-tech materials, products and systems and of rolling these out in international ...
Tags: Apparel, high-tech materials
In its first meeting, the members of the National Tripartite Committee of Bangladesh have agreed to set up a technical sub-committee that will focus on the structural integrity of ready-made garment (RMG) manufacturing buildings and fire ...
U.S. economic growth will be somewhat restrained, but not deterred, and improving fundamentals provide reason for optimism by the end of 2013 and through 2014, according to a new forecast. The Manufacturers Alliance for Productivity and ...
The number of U.S. housing markets on the mend rose by five to a total of 263 in June, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released recently. The list includes entrants from ...
Tags: Housing Markets, IMI