China’s Hainan FTP to begin island-wide independent customs ops in Dec
China's Hainan Free Trade Port (FTP) will launch an island-wide independent customs operation on December 18 this year, deputy head...
Fashion
Lenzing sees sales and profits rise in first half of the year
Published August 13, 2025 Despite new trade tariffs and numerous other burdens, Lenzing was once again able to increase sales...
US tariffs pause on China imports offers relief, not resolution: AAFA
The American Apparel & Footwear Association (AAFA) has welcomed the US administration’s extension of the temporary reduction in retaliatory tariffs...
Gildan to buy underwear maker Hanesbrands for 2.2 billion dollars
By Bloomberg Published August 13, 2025 Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about 2.2...
Indian polyester yarn falls on payment constraints, viscose holds firm
Polyester-cotton and polyester yarn prices eased in Ludhiana and Surat due to weak demand and payment constraints, while Mumbai’s viscose...
Will evolving sustainability dynamics impact India’s CETA gains in UK?
The recently signed Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom has opened a major window...
Biesterfeld & Songwon expand polymer additives distribution in Europe
International distributor Biesterfeld and global chemical company Songwon are expanding their long-standing partnership. With immediate effect, Biesterfeld will also distribute...
Denmark’s Bestseller leads $20 mn funding for robotics innovator
American company Softwear Automation, specialised in automated garment production, secures USD 20 million in a funding round led by the...
Wacoal opens premium lingerie store at Oberoi Mall in Mumbai
Premium Japanese lingerie brand, Wacoal, announces the launch of its latest store at Oberoi Mall, Goregaon, further expanding its presence...
Canada’s Gildan Activewear to acquire HanesBrands in $4.4 bn deal
Canada’s Gildan Activewear Inc has agreed to acquire HanesBrands Inc in a transaction valuing the US-based clothing maker at approximately...
