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Bangladeshi knitwear manufacturer to invest US$ 5m in new factory |
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21 November 2008, Dhaka – According to a report in The New
Nation yesterday, Bangladeshi knitwear manufacturer Sun Yad Knitwear Limited, is
to set up a garment manufacturing facility in the Adamjee Export Processing
Zone (EPZ).
The company will invest US$ 5.132 million to set up their ... |
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Hanesbrands announces management cuts and spinning closure |
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19 November 2008, Winston-Salem, NC - Hanesbrands Inc.
announced today that it is eliminating approximately 210 positions in
management and corporate functions in order to reduce costs and navigate the
challenging economic environment.
About half of the cutbacks are being made in the compan ... |
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50 hurt as Bangladesh knitwear workers clash over food |
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18 November 2008, Dhaka – According to Reuters, police
reported that at least 50 people were injured as clashes broke out at a knitted
garments factory near the Bangladesh capital yesterday.
The violence is said to have started when workers alleged that
food supplied to them by the fa ... |
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20,000 to lose jobs as Tirupur knitwear exports decline |
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12 November 2008, Tirupur - The economic recession sweeping
the Western world has started taking its toll on the knitwear industry in Tirupur.
According to The Hindu, about 20,000
workers are to lose their jobs as a consequence.
Exports have plummeted steeply in the first half of this
... |
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FICCI wants special package for Indian textile industry |
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11 November 2008, New Delhi – The Federation of Indian
Chambers of Commerce and Industry (FICCI) has sought a ‘Special Textile Package’
for the textile industry to face the current economic crisis, Business Standard
reports.
FICCI has highlighted the fact that profitability ... |
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Invista awards Olympic gold swimmer |
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27 October 2008, Manchester – Invista, owner of the Lycra
brand has announced British Olympic gold medalist Rebecca Adlington as Female
Swimmer of the Year at the prestigious Splash Awards held at the Lowry Hotel in
Manchester last week.
With a strong heritage in making swimming costu ... |
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Unifi announces first quarter results |
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30 October 2008, Greensboro, N.C.- Unifi, Inc. today released preliminary operating results for its first fiscal quarter
ended September 28, 2008.
For the September quarter, income from continuing operations before taxes
was $1.3 million and net income was a loss of $676 thousand or $0.01 per
sh ... |
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Unifi announces management structure for China subsidiary |
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14 October 2008, Suzhou, PR China - Unifi announced today
the management structure for the company’s new China-based subsidiary, Unifi
Textiles (Suzhou) Co., Ltd. (UTSC). UTSC
will focus on the development, sales and service of Unifi’s premium value-added
yarns for the Asia ... |
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New knit goods e-marketplace from KnittingIndustry.com |
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10 October 2008, Manchester, UK – Knitting and hosiery
industries portal KnittingIndustry.com (www.knittingindustry.com) has
launched a new online knit goods market place for worldwide buyers and
suppliers called simply – Buy & Sell.
KnittingIndustry.com, has launched the onl ... |
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High growth reported for the world sports and fitness clothing market |
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7 October 2008, London - Reportlinker.com has announced that
a new market research report related to the Sporting goods industry is now available
in its catalogue.
World Sports and Fitness Clothing Market
This report analyzes the worldwide markets for Sports and
Fitness Clothing in Millions ... |
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