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VIETNAM: Brazilian shoe sector demands anti-dumping probe

8 January 2009 | just-style.com

Officials in Brazil are being urged to investigate imports of Vietnamese shoes into the country after the sector said they are being 'dumped' there, according to The Vietnamese Ministry of Industry and Trade.... read more

PAKISTAN: Government grants textile finance package

28 January 2009 | just-style.com

The government of Pakistan has announced another relief package for textile exporters in the country worth PKR11.8bn (USD150m).... read more

ITALY: LVMH Unit Buys 6% Of Mariella Burani

29 July 2005 | just-style.com

L Capital, a unit of luxury goods group LVMH Moet Hennessy Louis Vuitton, has acquired a 6 per cent stake in Mariella Burani Fashion Group SpA for €22 mmillion.... read more

The Yuan: people’s money, government’s value

2 March 2005 | just-style.com

Despite the optimism of Alan Greenspan, chairman of the US Federal Reserve, over the US government’s willingness to curb spending, the single most important factor attributed to the United States’ widening trade deficit is surging imports from China. But is pegging the yuan to a dropping dollar such a good move for China and will it help to retain price competitiveness in the long term? asks Rohit Kuthiala.... read more

INDIA/CHILE: PTA to promote bilateral investment

9 March 2006 | just-style.com

India and Chile have signed a Preferential Trade Agreement (PTA) to help open up trade and investment between the two countries.... read more

USA: Coach Q1 Earnings Up, Good Handbag Sales

25 October 2005 | just-style.com

Luxury accessories company Coach Inc has reported a first-quarter earnings increase on good demand for handbags as well as wider profit margins.... read more

US: Coach Q2 profit leaps 37%, ups FY forecast

25 January 2006 | just-style.com

Luxury goods company Coach has reported a 37 jump in second-quarter profit and upped its full-year forecast after good seasonal demand for bags and accessories.... read more

UK: M&S cuts supplier payments by 5.5%

3 March 2006 | just-style.com

Department store chain Marks & Spencer is cutting supplier payments by up to 5.5% because it is “giving so much business to them”, press reports said.... read more

JAPAN: Itochu, Brand Science buy LeSportSac

6 March 2006 | just-style.com

Japanese Trading company Itochu and US apparel producer Brand Science have jointly acquired US bag manufacturer LeSportSac for an unspecified amount.... read more

HONG KONG: Li & Fung $500m bond issue to fund acquisitions

2 November 2012 | Richard Woodard

Global sourcing giant Li & Fung is to issue US dollar bonds to raise funds for “strategic acquisitions and business development”, the company said.... read more

ANALYSIS: Acquisitions to fuel Li & Fung growth plans

29 March 2011 | Richard Woodard

Given the circumstances surrounding global sourcing giant Li & Fung’s announcement of its new three-year plan, you could forgive analysts for being ever so slightly sceptical about the company’s ability to more than double its core operating profit by 2013.... read more

HONG KONG: Li & Fung to raise funds through bond sale

6 May 2010 | just-style.com

Hong Kong sourcing expert Li & Fung is to offer a proposed issue of notes to professional and institutional investors... read more

HONG KONG: Li & Fung to take IDS private

10 August 2010 | just-style.com

Shares in supplier Li & Fung were suspended today (10 August) as the company announced its proposal to take its Integrated Distribution Services (IDS) business private.... read more

Global cotton stocks to fall to lowest levels in years

3 January 2019 | Leonie Barrie

Global cotton production is expected to fall in the 2018/19 season for the first time in three years, while China’s reserves will be at their lowest levels since 2011/12.... read more

CHINA: Regulators to probe cotton price-fixing

16 December 2013 | Michelle Russell

China's top economic planning agency has said it will crack down on alleged price manipulation in agricultural products, including cotton, in a bid to protect low income families.... read more

US importers prepare for Chinese New Year factory shutdown

3 January 2018 | Leonie Barrie

Next month, many factories in China will close for up to four weeks in celebration of the New Year that begins on 16 February 2018 – posing massive problems for many small to mid-sized retailers and importers who must ensure that their spring season merchandise is produced, paid for and shipped prior to the shutdown.... read more

UPS Finance offering US importers greater liquidity

24 January 2018 | Michelle Russell

UPS Capital, a subsidiary of logistics specialist UPS Inc, has expanded its UPS Capital Cargo Finance service with new options to provide US importers with greater liquidity on in-transit cargo.... read more

Li & Fung reveals strong start to three-year plan

22 March 2018 | Michelle Russell

Improved efficiency and productivity led Li & Fung to a 21.8% increase in operating profit in the services segment of its core supply chain solutions business in 2017 as it revealed a strong start to its current three-year plan.... read more

HONG KONG: Li & Fung receives board approval for spin-off

2 July 2014 | Michelle Russell

Global sourcing firm Li & Fung says it is proceeding to the completion of plans to spin-off its Global Brands Group as a separate publicly-listed business following approval of the move from the board.... read more

AUSTRALIA: Namoi Cotton ups FY guidance on turnaround

29 July 2014 | Michelle Russell

Australian cotton dealer Namoi Cotton Co-operative has upped its full-year earnings forecast, following a turnaround in the group's financial performance.... read more

Africa launches continent's largest free trade area

11 June 2015 | Michelle Russell

African heads of state have agreed to create the largest free trade area covering 26 member states and stretching from Cape Town to Cairo.... read more

Guatemala joins EFTA-Central America FTA

30 June 2015 | Michelle Russell

Guatemala has become the first country to join the EFTA-Central American Free Trade Agreement (FTA), in a move that will help enhance economic ties and promote trade and investment between the country and EFTA states.... read more

US: Businessman convicted for evading customs duties

26 June 2013 | Petah Marian

A US businessman has been convicted in a scheme to evade customs duties on US$30m worth of Chinese-made textiles. ... read more

New $300m financing facility aimed at exporters in Asia

22 September 2016 | Michelle Russell

A US$300m financing platform has launched aimed at helping global suppliers, including those in the apparel and footwear sectors, to access and service buyers of their products in developed markets. ... read more

World trade growth downgraded to 7-year low

27 September 2016 | Michelle Russell

World trade will grow more slowly than expected in 2016 driven by lower GDP and trade growth in developing economies such as China and Brazil but also in North America, new estimates show. ... read more

Store closures and bankruptcies weigh on Li & Fung FY

21 March 2019 | Beth Wright

Sourcing giant Li & Fung says a rapidly changing retail landscape that saw record levels of store closures and customer bankruptcies took a toll on its last financial year, with core operating profit down by 20%.... read more

China’s Best bets on agile logistics with $450m US listing

22 September 2017 | Leonie Barrie

Alibaba-backed Chinese logistics and supply chain technology firm Best Inc has raised $450m in its US initial public offering, making this the largest US IPO of a Chinese company this year.... read more

CHINA: Ever-Glory cuts guidance amid wholesale slip

15 February 2010 | just-style.com

Chinese apparel manufacturer and retailer Ever-Glory International Group has slashed its wholesale revenue guidance amid slumping sales.... read more

US: Tommy Hilfiger to source independently despite deal

15 March 2010 | Joe Ayling

Tommy Hilfiger has told analysts it will continue its current sourcing arrangements but look for collaborations following its US$3bn sale to US apparel firm Phillips-Van Heusen (PVH).... read more

SRI LANKA: Trade unions lobby for GSP+ extension

16 May 2008 | just-style.com

Trade unions in Sri Lanka are supporting an extension to the country’s GSP+ trade scheme and urging government commitment to labour and human rights issues.... read more

SRI LANKA: Apparel exports show signs of recovery

12 October 2009 | Dilshani Samaraweera

Sri Lanka’s apparel exports in August showed a slight growth and local factories expect exports to strengthen from this month (October), after months of downturn.... read more

VIETNAM: Apparel exports to the US rise 35% in H1

17 August 2007 | just-style.com

Textile and apparel shipments to the US accounted for 58.5% of total of Vietnam's total export turnover in the first half of this year.... read more

SOUTH AFRICA: To lower textile import duties

15 June 2009 | just-style.com

The South African Revenue Service (SARS) plans to cut import duties paid on fabrics needed for clothing production but which are not made locally or are in short supply.... read more

Emerging markets buoy global lingerie sector

12 January 2009 | just-style.com

Faced with slowing sales in Western markets, lingerie firms are increasingly focusing on emerging markets like Russia and Asia for growth. According to new research, both China and India are likely to see a double digit hike in lingerie sales over the next three years.... read more

SPAIN: Textiles industry pleads aid as layoffs mount

28 January 2009 | just-style.com

Spain’s beleaguered textiles industry, reeling under mounting bankruptcies and layoffs, hopes to obtain a credit line from state credit agency ICO, a spokesman for top industry lobby Consejo Intertextil Espanol (CIE) has confirmed to just-style.... read more