The most-read stories on just-style this week include plans by China’s Jiangsu Lianfa Textile Co to invest US$500m in an Ethiopian textile plant, the views of Li & Fung’s chairman on China’s efforts to grow its domestic consumption, and first results from a study into health and productivity of Cambodian garment workers.
Chinese firm to invest $500m in Ethiopia textile plant
Plans to build a major textile factory in Ethiopia are closer to being realised for Chinese textile company Jiangsu Lianfa Textile Co Ltd, after a pre-investment plan to construct the US$500m factory was finalised this month.
Li & Fung: China consumption growth to bring major change
Not content with dominating the global exporting landscape, China is now switching its focus to growth in domestic consumption. And according to Li & Fung chairman William Fung, this is likely to lead to “a rather bumpy ride” for the apparel industry.
Addressing anaemia key to Cambodia worker productivity
First results from a year-long study into the health and productivity of garment workers has found that more than two-fifths of those surveyed currently suffer from anaemia.
Columbia TurboDown adds to insulation innovations
Outdoor brand Columbia Sportswear has introduced a ‘performance enhanced down’ system that combines two of its existing technologies and creates such outsized results it’s like a “down jacket on steroids.”
IN THE MONEY: Innovation and e-commerce key to Nike’s growth
It’s no wonder sporting goods giant Nike is feeling bullish about its long-term growth opportunities, after booking what has been described as a “flawless” performance in the first quarter. And what’s more, the company is looking to raise the bar even higher in the future.
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