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China Railway cancels $976m private placement

China Railway Group Ltd (CRGL), the railway construction giant, announced on Thursday the cancelation of a plan to offer a private placement that would raise 6.24 billion yuan ($976 million) for the company. The plan for a non-public offering, approved by shareholders in August ...

Flying head first into the future

When David Wang, 67, retired earlier this year as head of the China unit of the US plane maker Boeing Co, it came as a surprise that a 38-year-old from South California was named as his successor to lead one of the company's key global markets. Tall, easily mistaken for an NBA ...

Wholesale & retail segments perform well at Ever-Glory

Ever-Glory International Group Inc, a leading apparel supply chain manager and retailer based in China, reported its financial results for the second quarter ended June 30, 2011. During the second quarter of 2011, net sales increased 85.8% to $42.9 million compared to $23.1 ...

Mr Yan joins China fastest growing sportswear brand

The board of directors of 361 Degrees International Limited (the Company ) is pleased to announce that Mr. Yan Man Sing Frankie ( Mr. Yan ) has been appointed as an independent non-executive director of the Company, with effect from 9 August 2011. Mr. Yan has also been appointed ...

MH Industry advocating green fashion in the industry

MH Industry, China's largest garment accessories manufacturer and tailoring materials supplier, is taking a leading role in integrating environmental practices in its business, thus to advocate eco-friendly fashion in textile industry. The major steps will be firstly used in its ...

M&S to trace entire supply chain of its apparels

Marks and Spencer plc (M&S), a leading British retailer with presence in over 40 countries, has inked a deal with Historic Futures, which specializes in supply chain traceability, as a part of its Plan A sustainability programme. The agreement will enable M&S to trace each and ...

Block colours & nautical fashion key trends for summer

Block colours and nautical fashion set to be key components for all summer wardrobes The designers of George at Asda have taken to the promenades of stylish St Tropez and the chic streets of Nice to track the latest trends in womens clothing and gather inspiration for their 2012 ...

JD Sports Fashion to use Centric 8 PLM suite

JD Sports Fashion plc, the United Kingdom retailer of fashionable sports and casual wear, has selected Centric Software, Inc., to provide product lifecycle management (PLM) software for its apparel lines. The company, based in Bury, Greater Manchester, England, has purchased ...

A New Movement in Denim by Lucky Brand

Lucky Brand Jeans launched its new Fall 2011 advertising campaign, entitled "A New Movement in Denim." Created to coincide with the release of new Super Stretch denim for women and updated Super Soft denim for men, the campaign speaks to the brand's core business, highlighting ...

Chinese train maker signs $395m contract after crash

The Chinese State-owned company that made the trains involved in a deadly crash last month has signed a 2.54 billion yuan ($395 million) contract to provide trains to Turkmenistan. China South Locomotive and Rolling Stock Corp (CSR) signed the deal recently and is due to start ...

Textile manufacturers get good response at Utah trade event

Textile manufacturers have received a good response at the four-day 2011 Outdoor Retail Summer Market held in Salt Lake City, Utah, hailed to be one of the biggest gatherings of outdoor recreation industry in the world. With participation of 29 textile manufacturing companies and ...

Retailers expecting a healthy holiday season

Import cargo volume at the nation s major retail container ports will remain below last year s levels for the remainder of the summer before seeing year-over-year gains again this fall as retailers begin to stock up for the holiday season, according to the monthly Global Port ...

PRGMEA invites textile associations for roundtable conference

Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ijaz A. Khokhar has invited the textile industry associations on 15th August for a roundtable conference on prevailing cotton crisis. The roundtable conference will be held in Lahore. It may be ...

Apparel & accessories revenue up - Timberland

The Timberland Company announced second quarter revenue of $240.1 million, a 27.1% increase compared with revenue of $189.0 million for the same period of 2010. Second quarter net loss was $20.1 million, or $(0.39) per share, compared with a net loss of $23.5 million, or $(0.44) ...

Cotton Board approves Budget & elects new Chairman

During its Annual Meeting in Durham, North Carolina, the Cotton Board reviewed and voted to recommend Cotton Incorporated's proposed 2012 budget of $80 million to the Secretary of Agriculture. The budget and plan, along with the Cotton Board's recommendation, will be forwarded to ...

Regulatory reforms needed for retail, Productivity Commission

Regulatory reforms are needed for the Australian retail industry to adapt successfully to the more globally competitive market in which it now operates, according to a draft report released by the Productivity Commission. The draft report - Economic Structure and Performance of ...

Leading home textiles fair in Asia to start on Aug 29

Groups of important buyers from Asia, Europe and the USA will join this year s Intertextile Shanghai Home Textiles to search for new products, technologies, designs and suppliers from China and abroad. This leading home textiles fair in Asia will be held at the Shanghai New ...

Tainan Enterprises earnings to grow

High quality fashion product specialist Tainan Enterprises Co. Ltd. has projected that its performance would be better this year. The company estimates that its shipments would grow by 10 percent to 7.37 million dozens of garments during the ongoing July-September quarter, in ...

Cotton lint now sold to local textile companies

On the occasion of Cotton Day celebrations in Big Bend, Swaziland s Deputy Prime Minister (DPM) Themba Masuku said that his country has stopped exporting cotton lint and it is being now sold to local textile companies. The DPM praised the Swaziland Cotton Board for such a step ...

Dalian Air set up to tap regional market

Dalian Air was established on Monday to tap the regional market, an official with Air China said Monday. Kong Dong, chairman of Air China, said at the inauguration ceremony that Air China invested 800 million yuan (124.3 million U.S. dollars) for an 80-percent stake in the new ...
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