East Africa’s biggest economy exported clothing worth $380 million in 2015, when the US extended its African Growth and Opportunity Act agreement by a decade, according to Phyllis Wakiaga, the CEO of KAM.“The 10 year extension of the AGOA agreement has offered African manufacturers more confidence to make long-term investments, especially in apparel,” Wakiaga said, according to a Bloomber…
Read moreThe facility, which will serve as the company’s North American distribution center, is expected to employ 130 people by 2023. According to Brooks, the center’s Midwest location, coupled with energy efficiencies in the building’s design, will result in a reduction of around 50% in the emissions produced by distribution operations when compared to the company’s previous distribution cent…
Read moreThe WRC’s analysis shows that, in 2001, China paid the lowest real wages in the textile industry among all Asian countries. After the decision taken by the Chinese government in 2004 to introduce staggered minimum-wage increases, salaries however began to grow, eventually rising by 124% in ten years. This wage rise brought about an increase in the levels of quality in Chinese apparel manufactur…
Read moreThe job retention scheme, announced by the UK government in light of the coronavirus pandemic, enables companies to continue employing people who otherwise have been laid off. The government will cover 80% of their salaries up to a ceiling of £2,500 a month to ensure people whose job has been temporarily suspended can continue to be paid. Many firms have already announced plans to use the sc…
Read moreHaving started off with masks for staff in China in early stages of the pandemic, the Swedish group is working with several suppliers to ramp up output of masks for health workers, as well as hand sanitisers, visors and single-use aprons.The first batches for European healthcare facilities are in transit, Henrik Elm, global supply manager at brand owner Inter Ikea Group, which is in charge of s…
Read moreFashion was strong but there were signs that discounts were key and the report came with warnings that retailers need to drive full-price sales soon as the mega-discount season that starts in November isn’t that far away.June’s results outperformed the three-month, six-month, and 12-month rolling averages (respectively -0.5%, +5.4%, +6.9%) and the sales also managed to rise 5.1% month-on-mo…
Read moreIn these three quarters alone, the EU’s estimated revenue shortfall is respectively €2 billion and €1.6 billion. Italy, the Netherlands, Belgium, and Germany are said to be the countries whose textile exports have been most affected by Brexit. On the import side, Germany, Ireland and France are reportedly the countries suffering from the largest shortfalls. Analysed on a product-by-product …
Read more“The laid back tourist might go to other destinations because Goa is changing but now there are lots of other segments coming such as MICE tourism (meetings, incentives, conferencing, exhibitions),” Savio Messias, president of the Travel and Tourism Association of Goa, told AFP.”Goa is also getting to be a very big wedding destination and a lot people are now coming for entertainment,” he added…
Read moreG-Star Raw, founded in 1989, and its Vietnamese supplier, were long-standing business partners. According to the case details, in 2018 G-Star Raw pledged to order from the Vietnamese factory, over the course of three years, the ‘Whistler’ hooded quilted jacket in black water-repellent fabric, sold at a retail price of €219.95. Due to financial difficulties arisen during the Covid-19 pande…
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