Latest Emerging Markets News
BTB Bulgaria opens new clothing factory with 230 jobs
BTB Bulgaria recently opened its second production facility located in Ruyno, near Dulovo in south-eastern Bulgaria.
Belarusian shirt maker invests in modernisation
Last year, the Dzerzhinsk-based apparel manufacturer Eliz spent more than BYR4bn (US$410,000) modernisation, according to director general Andrei Zhuk.
Lithuanian textile and clothing exports rise 8.8% in 2013
Lithuanian textile and clothing exports increased by 8. 8% to LTL2.
Italian plans to invest in Bulgarian textile sector
Italian businessman Edoardo Miroglio (right) is to invest BGN55m (US$38. 8m) in the Bulgarian textile sector in 2014.
Chinese textile producers turn to ASEAN region
The rise of the textile industry in South East Asia is bringing challenges – as well as providing opportunities – to Chinese producers.
Philippine clothing sector seeking alternative to SAVE Act
he Philippine clothing industry says it will re-launch its lobbying efforts to push a law through the US Congress giving it privileged access to American...
Indorama acquires PHP Fibers
Thailand-based Indorama Ventures, a global producer of polyester precursors, fibres, yarn and components, has agreed to acquire 80% of Germany-based PHP Fibers, a producer of...
Vinatex set to go public in first half
The Vietnam National Textile & Garment Group (Vinatex) is set to go public in the first half of this year as part of its restructuring...
Lauma Fabrics finally acquires Elastic Textile Europe
Latvia-based fabric manufacturer Lauma Fabrics has acquired German textile group Elastic Textile Europe.
No lace underwear ban in Customs Union, says Minister
The Customs Union technical regulation “Concerning the safety of light industry products” contains no bans on any kinds of underwear, according to Valery Koreshkov Minister...