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…
Fountain Set (Holdings) Limited
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…