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.

  • The Vietnam Government’s new development plan is targeting to increase the rate of localisation to 70% by 2030. The industry plans an annual production growth rate of up to 13% between now and 2020. Exports are also set to get a 10% boost this year and next. NEW EUROPE.

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  • Steven Sterin, CFO of fibre producer Celanese, has resigned from his post in order to pursue “broader leadership opportunities”, the company has said. Chris Jensen, senior vice president of finance and chief accounting officer, will serve as the company’s interim chief financial officer. CELANESE.

  • Kumar Mangalam Birla is to directly purchase a stake of around 16% in garment manufacturer Century Textiles, which he is set to inherit from grandfather Basant Kumar Birla. Four private companies will be used to consolidate the holding of the Aditya Birla Group chairman. ECONOMIC TIMES INDIA.

  • India children’s clothes producer Kitex Garments is to invest 125 crore to enhance production capacity and upgrade technology at its facility in Kizhakkambalam. The company plans to introduce robotic technology to meet the labour shortage and upgrade sewing technology. HINDU BUSINESS LINE.

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  • Japanese firm Mitsubishi Corp is planning to construct seven factories in Central Java, in collaboration with Fast Retailing, which operates casual clothing chain Uniqlo. The proposed manufacturing units will produce casual clothing items for the Indonesian market. NIKKEI ASIAN REVIEW.

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