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Poland emerges as growing market for Bangladesh knitwear
Warsaw - Poland isbecoming an increasingly important destination for Bangladesh’s knitwear exporterswith Polish retailers now buying direct from manufacturers, rather than throughimporters in other European countries.
WTO rules against US in cotton subsidies row
Geneva - The World Trade Organisation has turned down the US appeal in a billion-dollar trade dispute with Brazil over the American government’s subsidy programme for its cotton growers.
Pringle raids Chanel for new CEO
Hawick - Pringle of Scotland has lured itsnew chief executive from luxury goods company Chanel.
Monforts cuts fabric waste
Munchengladbach - A new solution from finishing machinery specialist A. Monforts Textilmaschinen is said to reduce wastage of knitted fabrics during the production process by up to 60%.
Benetton targets Mexico with Sears tie-up
Ponzano - Benetton has entered into a strategic alliance with Sears Roebuck de Mexico with the aim of boosting the company's expansion in Latin America.
Invista launches FREEF!T in Europe
WITCHITA, USA - Followingits USdebut at New York Fashion Week in September 2007, Invista is now making itsFREEF!T Lycra fabric available to the European market.
Electromagnetic protection with Biocare fabric
KAYSERI, TURKEY - stikbal, a subsidiary of leading Turkish conglomerate, The Boydak Group, has developed a new knitted fabric that blocks 98.5% of electromagnetic waves.
Tefron swings to a loss
Misgav, Israel - Tefron Ltd. reported aloss in its first quarter, compared to a profit last year, hurt bymanufacturing problems at its Hi-Tex division, a weak US dollar and higherexpenses.
Wal-Mart loves Venus
LUDHIANA – Ludhiana-based VenusGarments (India) Limited, which is one of the region’s largest exporters ofv-bed knitwear and circular knitted clothing says it has bagged ‘Supplierof the Year 2007’ award from retailgiant Wal-Mart.
China Taisan set for IPO
SINGAPORE - China-based fabric maker China Taisan Technology is looking toraise around S$55.9 million (US$41 million) with a flotation on the Singapore stockexchange.
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