Latest Emerging Markets News
Rising costs hit Indonesian fashion retailers’ profits
Publicly listed Indonesian fashion retailers Mitra Adiperkasa (MAP) and Ramayana Lestari Sentosa saw their profits decrease last year, affected by rising costs and currency depreciation.
Creating a global centre of excellence for the production of jeans
Jeanologia, the Spanish sustainable textile technology firm, has said that Vietnam is set to become the key hub for its laser and ozone based garment...
Albania to introduce textile economic package
Albanian Prime Minister Edi Rama attended a meeting last month to discuss a support package for the textile industry.
Leading global clothing retailers leaving Crimea
Leading global clothing retailers are leaving Crimea, which recently voted to become part of the Russian Federation.
Bulgarian personal protection apparel producer to invest
Gabrovo, Bulgaria-based producer of personal protection apparel Mak, one of the oldest textile companies in Bulgaria, plans to again invest its profit for the previous...
Serbian lingerie manufacturer opens new production facility
Serbian lingerie manufacturer Jasmil opened a production facility in Plandiste in April.
Hong Kong clothing makers shift production to benefit from cheap labour
A group of Hong Kong clothing manufacturers have signed a deal to set up their first industrial park in Yangon, which they expect will reduce...
Grand Twins sets listing date on Cambodia Stock Exchange
Taiwanese clothing manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange on 8 May after spending several...
Indonesia's Pan Brothers profits up 50% on increasing sales
Publicly listed Indonesian clothing producer Pan Brothers has achieved a substantial rise in profits last year on the back of surging domestic sales and Asian...
Myanmar's textile and clothing industry needs 'completely rebuilding’
German textile machinery manufacturer of complete finishing lines Interspare was able to acquire a good appraisal of the textile and clothing industry in Myanmar when...