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Peruvian Gov’t Will Not Subsidize its Cotton Farmers
After careful deliberation, the government of Peru officially decided it will not provide subsidies for its…
Will Fast Retailing’s Q2 Results Put a Brake on its Global Expansion?
Fast Retailing Co., the owner of Uniqlo, has never been shy about its global ambitions. However, many experts…
Yet Again, Walmart Prepares to Expand into India
Despite serious missteps attempting to penetrate the Indian market in the past, Walmart is digging in its…
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AAFA Conference Seminar: The Sourcing Paradigm
The American Apparel & Footwear Association (AAFA) hosted a major event in Washington, D.C. that tackled the…
Disney Pulls Out of Bangladesh, Pakistan Over Factory Safety Concerns
In a move sure to prove historically important for the evolving world of social compliance, the Walt…
Fruit of the Loom Shifts Production to Honduras; U.S. Manufacturing Suffers
Major U.S. apparel producer Fruit of the Loom announced that it intends to fire more than 600 workers as a…
Sears’ Turnaround Strategy Pits Shareholders Vs. Bondholders; CEO Lampert is Both
As Sears Holdings Corp struggles to revitalize a limping business empire, CEO Eddie Lampert’s turnaround…
FTC Finalizes Amendments to Textile Labeling Rules
In an effort to give businesses more flexibility in meeting federal compliance requirements without being…
U.S., Taiwan Meet to Strengthen Trade Ties; Taiwan Grows as Athletic Apparel Exporter
Continuing to cement trade ties between them, the U.S. and Taiwan completed their eighth meeting under the…
Punjab Textile Industry Hit with Chronic Energy Shortages
The textile industry in Pakistan continues to suffer from chronic energy shortages, threatening its…
Can Lululemon Spend its Way Out of Trouble?
Beleaguered by slumping sales and a series of costly public relations gaffes, Lululemon has crafted a…
Federal Maritime Commission Permits Another Major Shipping Alliance
The shipping industry continues to generate historically significant news that promises to leave an indelible…
USTR Ambassador Froman Spells Out U.S. Trade Agenda Before Congress
On Thursday, Michal Froman, Ambassador for the Office of the United States Trade Representative, testified…
Peru Garment Industry Considers Ditching the U.S Dollar
In a rare act of defiance against the global hegemony of the U.S. dollar, the Peruvian apparel exporters are…
Turkey Continues to Emerge as Major Textile Exporter
Turkey’s exports of textiles keep gathering steam, rising 5.2% in March to $771.7 million, according to the…