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2020-03-25 10:49:01
Autoneum acts to minimise impact of coronavirus
Autoneum, a leading producer of acoustic and thermal management for vehicles has issued a press statement regarding the impact of the coronavirus on its business. “The corona pandemic has a
2020-03-23 09:17:53
GHCL to demerge its textile business
GHCL Ltd. said its board approved the proposal to hive off its textiles business. The chemical maker’s inorganic chemicals and textiles businesses will be separately listed companies, after the
2020-03-16 07:19:26
Brands counting the cost of coronavirus
Major German sports groups Puma and Adidas have spoken of the early effect on their businesses of the coronavirus outbreak. They have focused on China, although the virus is now a pandemic and is
2020-03-09 09:44:07
Hoka exploring the clothing and accessories market
Footwear brand Hoka One One is launching its first clothing and accessories range on the back of rapidly rising sales. In its latest reported quarter, revenue jumped 63.6% to $93.1 million. The
2020-03-06 09:35:12
Envoy Textiles to raise capital of 87 crores
Envoy Textiles is set to raise Tk 87 crore by issuing non-convertible cumulative preference shares in order to bring sustainable finishing machine and build captive power. The preference share
2020-03-04 09:21:55
ASOS report on carbon emission reduction
Fast fashion retailer ASOS has published its Carbon 2020 Progress Report for 2018-19, in which it reflects on efforts to mitigate carbon emissions at its sites, those associated with delivery and
2020-03-04 09:01:01
Apparel companies become careful as OECD warns on coronavirus
Financial institutions have warned of the impact coronavirus could have on the global economy as clothing and footwear companies assess impact on supply chains, sales and revenue. The Organisation
2020-02-24 06:20:25
Viscose rayon facility boosts textiles in Indonesia
The President of Indonesia, Joko Widodo, today inaugurated Indonesia's largest integrated viscose rayon production facility, injecting a boost for the country’s textile sector and the Indonesian
2020-02-10 07:47:01
Unifi expecting more profits in future
The CEO of yarn manufacturer Unifi has forecasted a more balanced market for polyester textured yarn this year, following the setting of antidumping and countervailing duty rates by the US
2020-02-05 08:26:16
DuPont sales dented by the lack of nylon demand
DuPont de Nemours Inc. said falling nylon prices will weigh on its profit this year, a consequence of weak industrial output that is hurting sales for some U.S. manufacturers. The Wilmington,
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