Global news roundup
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
A riot over local government efforts to tax individual sewing machines in Zhejiang province, China, has endedand the tax collectors have been fired. Officials recently doubled the tax per machine to CNY600 form CNY300 a year, which triggered rioting in Zhili, a centre of China's children's clothing trade and manufacturing. SHANGHAI DAILY.
Vinatex has been granted an investment license to build a jacket plant costing VND153bn in the central province of Quang Ngai. The mill has a capacity of nearly 3m products per year is slated for construction within this month. VIETNAM NEWS BRIEF SERVICE.
Japanese trading house Itochu is teaming up with apparel firms to help farmers in north eastern Japan whose land was hit by the March tsunami. Some 40 companies will provide farmers with free cotton seed and buy the crop for textile production. NIKKEI REPORT.
Gokaldas Exports is set for new business contracts with Wal-Mart and niche European fashion houses who are looking to shift their sourcing requirements from China to other Asian markets. Wal-Mart is reportedly set to contract the Blackstone private-equiry controlled apparel exporter to a six million piece annual order. TIMES OF INDIA.
Help test our new apparel sourcing tool.
US retail giant Wal-Mart has launched a special training programme for more than 60,000 female workers at 150 of its supplier factories in India, Bangladesh, China and Central America. As part of the ...
Shares in Wal-Mart de Mexico y Centroamerica plummeted this week as allegations the company bribed officials to speed up store openings prompted many shareholders to offload the stock at a rate of kno...
Retail giant Wal-Mart is focused on improving returns from international markets where it already has a presence, rather than entering new countries, according to Doug McMillon, CEO of the retailer's ...
Mexico's attorney general has launched an investigation into allegations Wal-Mart Stores' local unit bribed officials to make it easier to open stores in the country. ...
Top stories on just-style this week include a report on a fake Primark store opened in Dubai, the prospects for Burma as a production base, and a look at the corruption claims at Wal-Mart Mexico. ...
Two US Congressmen have written to request a meeting with Wal-Mart chief executive after reports emerged that it covered up some US$24m in bribes used to clear the way for store openings. ...
Wal-Mart de Mexico y Centroamerica saw its share price hit yesterday (24 April) as it saw first-quarter margins hit and the market reacted to the news that it was being investigated for possible bribe...
- Digitalisation and data to disrupt supply chains
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- What TTIP might mean for US, EU textiles & apparel
- Where next for Corporate Human Rights Benchmark?
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Levi Strauss and ILO probe Cambodia factory death
- Sears has "substantial doubt" of future
- Adidas mulls roll-out of in-store customisation
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing