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New York - American & Efird is to increase its stake in Vardhman Yarns and Threads Limited from its joint venture partner, Vardhman Textiles, a deal that will see it own 89% of the business leaving Vardhman Textiles with the remaining 11%. Up to now, A&E has owned 49% of the joint venture.

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Job of the Week

Senior Manager of Corporate Responsibility (Water and Chemicals) at Tommy Hilfiger

This role will see you work in the CR team at Tommy's PVH Europe office in Amsterdam, primarily responsible for water and chemicals management at PVH Europe and at Tommy Hilfiger Global.

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