Sports Company Puma has committed for a 35 per cent reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi). Reducing greenhouse gas emissions sufficiently to meet the goals of the Paris Agreement, Puma aims to limit...
The India International Textile Machinery Exhibition Society (India ITME Society) organised a networking programme at Barcelona, Spain, along with ITMA 2019 on June 22, 2019. ITMA is being held from June 20-26, 2019. The programme was held to highlight the strengths and opportunities offered by India, home...
Saurer is set to empower its customers with new innovative solutions at ITMA 2019 expo, in hall 6, stand B201. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. Saurer is a leading globally operating technology group focusing on...
The European Union (EU) is unlikely to fully withdraw Cambodia’s Everything-But-Arms (EBA) trade status, the Garment Manufacturers Association of Cambodia said after meeting visiting EU representatives recently. Labour trends are positive and speculations about EBA are alarmist and affect investor confidence, Kaing Monika, GMAC deputy secretary general...
Investors fled stocks for safe-haven assets yesterday after being spooked by the latest salvos fired in the global trade war. With US President Donald Trump announcing tariffs on all Mexican imports and China warning it would create a list of “unreliable” foreign companies, investors piled into...
Turkey is the world's fourth-largest denim exporter with a 2 per cent share in the denim fabric exports, worth $338 million, and a 7 per cent share in denim clothing exports worth $2.1 billion, according to the Uludag Textile Exporters' Association (UTIB), which recently participated in the...
Starting from Milan, PG Denim is set to enter the premium market focusing on research and ancient tradition to shape an avant-garde denim concept with a 100 per cent Italian integrated supply chain and outstanding quality of materials and processes. It is currently participating in ‘Ciao Milano’...
Turkey’s leather industry achieved export revenues of US$585 million in the first four months of 2019, showing signs of a small increase compared to recent years. In 2016, 2017 and 2018, the sector’s total export revenues were between US$1.5 billion and US$1.6 billion per year. Annualised, the...
Eurozone equities were held down yesterday as investors tracked a brewing political fight between Brussels and Rome, and continued to digest the outcome of elections for the European Parliament, dealers said. Milan, Frankfurt and Paris all retreated as Italian debt concerns returned to the fore. London, where...
The German embassy in Bangladesh will work closely to promote Bangladesh’s readymade garments (RMG) industry among its government, buyers and other stakeholders as it sees the possibility of a transparent and accountable dialogue, ambassador Peter Fahrenholtz recently told president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...