Courtesy: Indorama Ventures Indorama Ventures Public Company Limited (IVL) has completed the acquisition of Schoeller Group in Europe on November 23, 2018, IVL said through the Stock Exchange of Thailand. Schoeller Group is a leading European producer of pure wool and wool blend worsted yarn, having one dyeing facility in Austria and one spinning facility in the Czech Republic. Schoeller Group has operating plants in Austria, Czech Republic and Germany. This acquisition will further enhan

Courtesy: Arab Fashion WeekDubai Fashion Days by Hala China, a joint initiative between Meraas and Dubai Holding, co-organised by Arab Fashion Week and JollyTrust, is celebrating international fashion in Dubai. The eight-day celebration is showcasing design talents from the Middle East, China and the rest of the world, affirming Dubai’s position as both an economic and creative hub. Headlining Dubai Fashion Days is the 7th edition of Arab Fashion Week featuring runway shows from over 30 int

Nigeria recently signed a $60-million country programme for inclusive and sustainable industrial development with the United Nations Industrial Development Organisation (UNIDO). The former’s industry, trade and investment minister Okechukwu Enelamah and UNIDO director general Li Yong signed the agreement that will guide the latter’s interventions till 2022. The programme build on the cumulative achievements of past country programme implemented by both sides and collaborate with other govern

Newly appointed Australian Wool Innovation (AWI) chairperson Colette Garnsey (OAM) has signalled the start of a new era for the wool industry, stating that it was time for change and the company was committed to greater engagement with Australian woolgrowers. AWI is a not-for-profit company that works for interests of Australian woolgrowers. "Our priority is to be a company that is engaged with all of its stakeholders - woolgrowers and shareholders, of course, but also the government, farm

Courtesy: KappAhlElisabeth Peregi has been appointed the new president and CEO at KappAhl. Peregi, who has a retail experience from positions at Lindex, will take up her new position during the spring of 2019. For 19 years, she has worked in leading roles at Lindex, most recently as country manager Sweden and Great Britain, and before that as acting president and CEO. "I am very pleased to welcome Elisabeth Peregi to KappAhl. With her wide expertise and industry experience, she has what it ta

Courtesy: PexelsThe Gujarat government has signed memorandum of understandings (MoUs) with two apparel bodies—the Clothing Manufacturers Association of India (CMAI) and the Intimate Apparel Association of India (IAAI) to promote garment sector in the state. The MoUs were signed in presence of chief minister Vijay Rupani during a roadshow in Mumbai for Vibrant Gujarat 2019. The ninth edition of the investment summit, Vibrant Gujarat, will be held from January 18-20, 2019, in the state capital

Among the emerging retail markets in the Asian-Pacific region, India has been considered as among one of the top choices for expansion among retailers, says a recent report. India is inching closer towards becoming a preferred destination for global investors due to an investor-friendly business environment and the economy’s sturdy market fundamentals. With a large number of cities / towns available for growth, brands entering India have a lot more avenues to open doors and reach out to custo

Courtesy: Terramar Sports Terramar Sports has been announced as 2018’s Drirelease Innovation Award winner by Optimer Brands, the parent company of Drirelease, for breaking new ground with their Terramar Transport Merino and Matrix Merino base layer system. The award celebrates innovation in the design and construction of active wear that promotes the comfort of wearers. "It is an honour to present Terramar with the 2018 Drirelease Innovation Award for their commitment to create far-reaching

In light of the fierce competition between agents, cotton quotes oscillated in the Brazilian market during the first fortnight of November. From October 31 to November 14, the CEPEA/ESALQ cotton Index, with payment in 8 days, remained stable at 2.9510 BRL per pound on November 14. Only a few agents were active in the spot market during the fortnight. During the fortnight, cotton farmers continued focused on both processing the 2017-18 crop and exports, and most of the batches available in the

majority of the consumers across the five largest EU markets expect fashion brands to be more transparent by sharing detailed information, says a research. The shoppers want to know more about the social and environmental impacts of their garments when shopping for clothes, and they want the brands and governments to be doing more to address these issues. When it comes to buying clothes, more people care about workers being paid fair, living wages and environmental protection than they do abo