2013
Panama Files Complaint Against Colombian Textile Tax with WTO
The World Trade Organization (WTO) has announced an official complaint from the country of Panama, requesting…
Denim Dispute Jeopardizes US-EU Agreement
A free-trade agreement between the U.S. and the European Union will soon be underway, but a denim dispute…
No New Money for Factory Safety in Bangladesh’s Budget
Bangladesh's finance minister has set aside no new money for...
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Michael Kors Reports Doubled Profits, Looks to Greater China, Korea, and Singapore
Hong Kong-based luxury lifestyle retailer Michael Kors Holdings reported more than doubled profits in its…
UK’s Marks and Spencer Reports Worst Performance in 4 Years
After two consecutive years of falling profits, the UK’s Marks & Spencer is under increased pressure to…
Target Profits Plummet, Stocks Follow Suit
"While we are disappointed in our first-quarter performance, we remain confident in our strategy,†Target…
Cotton Production Will Drop, But Still Exceed Consumption
The U.S. Department of Agriculture (USDA) has made its first cotton forecast for 2013-2014.....
India’s Raymond Ltd Reports 82% Drop in Profits
Raymond Ltd, one of India’s leading textile and apparel producers, an proprietors of the 3,000-store…
China’s Garment Exports Up in Price, Not in Number
Chinese apparel and textile exports rose to.....
General Strike in Bangladesh Means Business Comes to Halt
A general strike, aimed at the release of 154 opposition leaders and activists, began in Dhaka…
Mega Discounter Is Thinking Small: Wal-Mart to Open More, Smaller Stores in 2013
Wal-Mart’s CEO says the discount retailer will focus less on Supercenters, and more on the development of...
U.S. Consumer Confidence “Rebounds” in February
U.S. Consumer Confidence rose more than 10% this month, according to the February 2013 Consumer Confidence…
New International Services Agreement Could Liberate US Retailers
Within the next 90 days, the US will enter negotiations for a new international services agreement with 20…
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