Fountain Set (Holdings) Limited
US/AUSTRALIA: Cotton Leads attracts 200 partners
The Cotton Leads responsible growing programme has attracted more than 200 partners across the global cotton supply chain since it…
CHINA: Fountain Set swings to a FY loss
Knitted fabric and garment maker Fountain Set swung to a loss over the 16 months ended 31 December amid "one of…
HONG KONG: Fountain Set sells 34% stake to Chinatex
Hong Kong listed knitted fabric manufacturer Fountain Set (Holdings) Ltd is selling a 34% stake in its business to China's…
HONG KONG: Fountain Set delays fabric mill as sales slump
Knitted fabric and garment maker Fountain Set (Holdings) Limited has delayed the completion of its new Yancheng fabric mill, citing…
Chinese suppliers struggle with US slowdown
A huge number of Chinese manufacturers are worried about the US retail downturn – even though the country accounts for…
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HONG KONG: New group promotes sustainable fashion business
A group of leading Hong Kong textile and apparel companies this week launched the ‘Sustainable Fashion Business Consortium’ (SFBC) to…
ANALYSIS: Will safety scares hurt ‘Made in China’ label?
Worries about Chinese product safety standards spread to the apparel industry last month, when dangerous levels of contamination were found…
Sri Lankan apparel giants make moves into India
Sri Lanka’s two largest textile and apparel companies – MAS Holdings and Brandix Lanka – are in the process of…
HONG KONG: Fountain Set H1 profit drops on trade restrictions
Trade restrictions on Chinese textile and clothing exports to the US and EU contributed to a 20.6% drop in interim…
INDIA: Sri Lankan firms to set up $20m weft-knit fabric plant
Sri Lanka’s largest garment exporter, Brandix, and the island’s largest producer of weft-knit fabric, Ocean Lanka, have joined forces to…