Top stories of the week include a look at the clothing and textile challenges that face Xi Jinping, the new leader of the Chinese Communist Party, accusations by Greenpeace that 20 leading fashion brands are selling clothing contaminated with hazardous chemicals, and the sale of Nike's Cole Haan footwear brand to Apax Partners. 

The Flanarant: China's textile and clothing challenge in new era
As Xi Jinping assumes the leadership of China's ruling Communist Party and prepares to get down to business, Mike Flanagan pens him an open letter offering up a few home truths about China's textile and garment industry. 

GLOBAL: "Hazardous chemicals" found in clothing
Twenty leading fashion brands are selling clothing contaminated with chemicals with hormone-disrupting or cancer-causing properties when released into the environment, according to Greenpeace International. 

GLOBAL: Brands accused of "fuelling modern-day slavery"
A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign. 

US: Nike to sell Cole Haan to Apax Partners for $570m
Sportswear giant Nike is to sell its footwear brand Cole Haan to private equity firm Apax Partners for US$570m. 

BANGLADESH: World Bank sees uncertain export outlook
Bangladesh's overall export outlook for the current fiscal year remains "uncertain" due to a possible intensification of the Eurozone crisis, a new World Bank report says.