Italian leathergoods association Assopellettieri (formerly known as Aimpes) has selected Franco Gabbrielli as its new president. He will serve a four-year term from 2019 to 2022.  His appointment will be confirmed at Assopellettieri’s general assembly at the end of June. He replaces Riccardo Braccialini, who during his...
Leather manufacturing group ISA TanTec has announced that preparatory work at the site for its second tannery in Vietnam is complete and that construction of the new facility can now begin. ISA Tan Tec confirmed that it expects the production project to be complete before the end...
Taiwan’s export orders fell at a slower price than expected in April, but the government says May will bring a seventh straight month of contraction as slowing global tech demand continued to hurt the island’s trade-reliant economy. Orders in April dropped 3.7% from a year earlier to...
Key producers in Opec signalled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages. It was less clear how far Russia, their main partner in the wider Opec+ producers’ coalition, shared that view. While most nations...
Saudi Arabia isn’t seeing as much demand for oil as expected from Iran’s customers, as a lot of crude has been leaving the Gulf nation without being accounted for since the US imposed sanctions on Tehran. Nobody knows how much oil Iran is producing or exporting, Saudi...
The US Consumer Product Safety Commission (CPSC) is requesting information about possible changes to the Commission's Standard for the Flammability of Clothing Textiles to expand the list of fabrics that are exempt from testing under the standard. CPSC is also seeking possible ways to update provisions under...
Vietnam’s garment and textile exports exceeded $36 billion last year and is expected to top $40 billion this year, according to the Vietnam Textile and Apparel Association (VITAS), whose chairman Vu Duc Giang recently said 7,000 enterprises in the sector provide jobs to 3 million. The growth...
Australia and the International Labour Organisation (ILO) have strengthened their partnership to improve working conditions, advance women's economic potential and boost the competitiveness of Bangladesh's readymade garment (RMG) sector. The partnership has been strengthened by the re-commitment of funds for the ‘Better Work Bangladesh’ (BWB) programme. A...
China’s factory activity likely expanded at a steady but modest clip in April, marking the second straight month of improving business conditions, as government growth-boosting measures buoy the vast manufacturing sector. Continued signs of expansion, following surprisingly strong March data, would add to views that the world’s...
China invested about $1.6 billion in Vietnam in the first four months of this year, making it the country’s fourth largest source of foreign investment, according to the Foreign Investment Agency under Vietnam’s ministry of planning and investment. Chinese investors funded several large projects in the period...