Archive: 2014
Vinatex extends deadline for IPO
The Vietnam National Textile and Garment Group (Vinatex) has extended the date for its initial public offering (IPO) by two months to give investors extra...
Weibo to begin work on textile project in Macedonia
China-based Weibo Group, which specialises in supply chain and production for leading global retailers and brands, is expected to start construction of its Macedonian textile...
Lauma Fabrics reports strong sales growth
Latvian supplier of intimate apparel fabrics Lauma Fabrics generated sales of €39. 9m (US$54.
Portuguese group to hire 1,200 for new automotive textile factory in Romania
Portuguese company Coindu, which produces automotive textiles, will start a hiring campaign for its new factory in Drobeta Turnu Severin, Romania, according to local authorities.
Daewoo International pledges extra investment in Uzbek textiles
South Korea’s Daewoo International is investing US$22m in the expansion of production at two textile factories in Uzbekistan.
Autoliv to settle US price fixing lawsuits for US$65m
Sweden-based Autoliv said it had agreed to settle three antitrust class actions in the US for US$65m.
Transaero aircraft seats ‘glittering with gold’
Russian carrier Transaero Airlines has released details of its Airbus A380 interior design.
Automotive Interiors Expo Awards champion design and innovation
The winners of the Automotive Interiors Expo Awards 2014 have been announced, with wins for Mercedez-Benz, BMW, Continental and Jaguar.
Ford introduces innovative airbag design on new 2015 Mustang
Ford is introducing a new inflatable airbag restraint design that provides the front seat passenger in a Ford Mustang with knee airbag protection while significantly...
Taiwanese textile project approved in Long An
Taiwan’s Yu Yuang Textile has received an investment certificate to develop a yarn and dyeing project worth US$58m at Phuc Long Industrial Park in Vietnam’s...
Court ruling frees Cambodia clothing workers and activists
On 30 May, a Cambodian court freed 23 clothing workers and labour activists arrested following demonstrations earlier this year.
Smuggled used clothing imports into Indonesia at high level
Indonesian Finance Ministry director general for excise and customs Agung Kuswandono said imports of used clothing are still rampant.
Gap to source clothing from Myanmar
Apparel giant Gap has announced plans to begin sourcing clothing from Myanmar, in a move it says makes it the first US retailer to enter...
Vinatex to launch IPO on 22 July
The Vietnam National Textile and Garment Group (Vinatex) will launch an initial public offering (IPO) on 22 July, one year later than earlier scheduled.
Bulgarian menswear manufacturer offers new business model
At the recent 2014 TOCICO (Theory of Constraints International Certification Organisation) International Conference held in Washington DC, USA, Martin Yordanov, owner and manager of Bulgarian...
Budapest designer creates chameleon fabric
Judit Eszter Karpati, a Budapest-based textile designer, has created a unique colour-changing fabric that can blend itself with the colour of the background, just like...