Category: Emerging Markets
Middle East targeted for Muslim fashion exports from Indonesia
Indonesia is targeting five Middle Eastern countries – Iran, Turkey, Saudi Arabia, Pakistan and Egypt – as potential export destinations for Muslim fashion products.
Romanian industrial holding makes €6.5m investment in Moldova
ROCA Industry, the industrial holding company listed on the main market of the Bucharest Stock Exchange, has invested more than €6m (US$7m) in its operations…
Syre plans investment to turn Binh Dinh into a circular textile hub
Syre, a joint venture initiated by Vargas Technology Investment and H&M Group, has revealed ambitious plans to invest up to US$1bn in establishing a polyester…
Belarusian underwear manufacturer to launch production facility in Russia
Mark Formelle, a Belarusian manufacturer and retailer of underwear and clothing, is to launch a large production facility in the Uspensky Technopark in Russia’s Moscow…
Turkish holding in Bulgaria faces bankruptcy
More than 400 workers at Dinateks Bulgaria have been left without work, with hundreds waiting for 3–6 months’ worth of salaries.
Philippines' DOST-PTRI sees textiles rising again through innovation
The Philippine textile industry is experiencing a resurgence, driven by innovation, sustainability and cultural appreciation, according to Dr Julius Leaño, director of the Department of…
China’s Welong to build ‘green’ fibre plant in Indonesia
Welong New Materials, a Chinese supplier of “eco-friendly” coloured polyester filaments, has unveiled plans to invest up to CNY500m (US$69m) to build a “green” man-made…
Global brands urged to support fair wages for Cambodian workers
IndustriALL Global Union is calling on brands and retailers sourcing from Cambodia to sign an agreement to improve wages and working conditions for the country’s…
Benetton to shut down production in Serbia
Italy-based Benetton Group, has decided to shut down operations in Serbia, as was previously done in Croatia and Turkey, according to a report published by…
Singapore's Nibertex raises pre-Series A funding
Deep-tech start-up Nibertex, a pioneer of waterproof breathable membranes, has closed its pre-Series A funding round with participation from Foxmont Capital Partners and ADB Ventures,…
First textile waste recycling line launched in Ukraine
Ukraine’s first textile waste recycling line has been launched in Irpin, processing waste left over from the production of clothing, bed linen and other items.
Turkmen entrepreneur creates unique fabrics from camel wool
Jennet Garlyyeva, an entrepreneur from Ashgabat, has combined ancient craft traditions with modern technologies in her camel wool fabric business.
Vietnamese textile and garment producer expands operations
March 29 Textile and Garment (Hachiba) has approved a transaction of buying 208,000 shares, or 52%, of the charter capital of Vietsun Quang Nam from…
Filipino textiles showcased in Beijing trade fair
The Philippine Embassy showed an array of colourful Filipino fabrics – from piña to inabel, from T’nalak to ikat – during a trade promotions fair…
Sustainable fashion at the heart of Bulgarian designer’s work
Sustainable fashion has been at the heart of the designer Nikolay Bozhilov’s work since his first student collection.
Clothing accounts for 45% of Cambodia's exports in 2024
Cambodia saw an increase in clothing export earnings of almost 25% in 2024, with earnings of nearly US$12bn, almost 45% of the country’s total export…