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Bangladeshi knitwear manufacturer to invest US$ 5m in new factory

  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 ...
   
   

Hanesbrands announces management cuts and spinning closure

  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 ...
   
   

50 hurt as Bangladesh knitwear workers clash over food

  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 ...
   
   

20,000 to lose jobs as Tirupur knitwear exports decline

  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 ...
   
   

FICCI wants special package for Indian textile industry

  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 ...
   
   

Invista awards Olympic gold swimmer

  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 ...
   
   

Unifi announces first quarter results

  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 ...
   
   

Unifi announces management structure for China subsidiary

  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 ...
   
   

New knit goods e-marketplace from KnittingIndustry.com

  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 ...
   
   

High growth reported for the world sports and fitness clothing market

  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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