The Chairman of the Hyosung Group and four other executives have been indicted on charges of embezzlement, tax fraud and violation of commercial law following an investigation by South Korea?s tax officials.
Knitwear manufacturers and yarn spinning mills in India are in dispute over rising yarn prices with the Tirupur Exporters' Association (TEA) warning that further increases could threaten the future of many of the region?s knitting mills.
Slower sales from its international business, mainly China and Brazil, don?t seem to have adversely affected Unifi in its second quarter with the textured yarn specialist increasing its net income for the period by nearly 200 per cent.
Eco-Textile Labelling Guide 2014 - Published May 2014
The?publishers of?Knitting Trade Journal?will publish a new, updated and improved?version of the Eco-Textile Labelling Guide in May 2014.
The printed ETLG is a 100 + page ?A5 booklet designed for manufacturers, retailers and?buyers who are committed to reducing the impact of textiles on the environment and?lists all the labels and environmental standards relevant to the global textile and clothing supply chain. As well as covering raw materials, the 2014 edition of?ETLG will offer information on social criteria, such as Fairtrade, Fair labour, SA8000 etc., and textile processing?standards. New additions will also include information on water standards,?energy use,?and sections on disposal and biodegradability.