Latest Emerging Markets News
Russian textile and clothing market hits US$36bn in 2024
The Russian textile and clothing market exceeded RUB4trn (US$36bn) in 2024, 30% higher than the previous year, according to the Ozon marketplace and local analysts.
CLO Virtual Fashion opens new office in Ho Chi Minh City
CLO Virtual Fashion, a provider of digital garment three-dimensional solutions, has opened a new office in the centre of Ho Chi Minh City, Vietnam.
Crowdfunding campaign launched to develop children’s clothing in Croatia
Family-owned Croatian company Ethereal, which specialises in eco-friendly textile products for babies and children, is undergoing a major investment initiative, which includes the development of…
Myanmar's clothing sector hit by chronic labour shortage
A mass exodus of young workers triggered by the Conscription Law is severely impacting Myanmar’s clothing sector, with factories unable to accept orders owing to…
Belarusian fashion brand sparks controversy with bubble wrap
Belarusian fashion brand ZNWR has been getting a lot of attention for its latest creations: a range of clothing made from transparent, plastic bubble wrap.
Russia’s Gloria Jeans to close major production sites
Gloria Jeans, one of Russia’s leading textile and clothing producers, is closing some of its leased production sites, including those located in the Rostov region…
Indian women’s workwear brand expands to Southeast Asia
Office & You, an Indian women’s workwear fashion brand from the house of Varija Lifestyles has announced its expansion into Southeast Asia – Singapore, Malaysia,…
Indonesian Supreme Court rejects appeal against Sritex bankruptcy
Indonesia’s Supreme Court has rejected an appeal by textile giant Sri Rejeki Isman (Sritex) to overturn a bankruptcy ruling issued by the Semarang District Court…
Albanian clothing industry on verge of bankruptcy
The activities of Albanian clothing and footwear factories suffered a sharp decline last year in all indicators, inlcuding production, sales and wages.
Tatmadaw Textile Factory opens new thread production facility in Myanmar
Tatmadaw Textile Factory (Meiktila), which manufactures military apparel and other textiles using cotton, has opened the 2/80 Thread Factory Branch in an effort to reduce…