More From Ivan Kenneally
Vietnam Gov’t Earmarks 65 Billion Dong for Textile Industry
Positioning itself to mature into a premier exporter of textiles and apparels, Vietnam’s government pledged…
New Study: Indonesia’s Factories Still Struggle with Compliance
A new study issued by Better Work Indonesia (BWI) alleges that Indonesia’s garment factories still fail to…
India’s Textile Industry Blossoms into Major Player
India is fast emerging as a major textile producer, the beneficiary of a perfect storm of economic factors…
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New Study: Organic Cotton Production Rises; Obstacles to Future Growth Remain
A new report issued by the Organic Trade Association (OTA) shows that organic cotton in the U.S. made…
Sears CEO Lampert: We Will Be Successful Again, and the Retail Industry Will Follow
Despite reporting its twenty-eighth consecutive quarterly loss, Sears CEO Eddie Lampert struck a surprisingly…
Chinese Central Bank Depreciates Yuan; Plans to Rival the U.S. Dollar
On February 25, investors anxiously reacted to the rapid depreciation of the Chinese renminbi, which plunged…
Fast Retailing’s Next Stop on the Way to Global Domination: J. Crew
Committed to global domination, Fast Retailing Co., owner and operator of Uniqlo, revealed that it is in…
JCP’s Turnaround Strategy: Turn Back the Clock to Better Days
J.C. Penney’s (JCP) turnaround strategy is a bold attempt to turn back time and return to its once proud days…
Ghana’s Textile Industry Pinched by Pirated Goods; Considers Banning All Imports
After long deliberation, Ghana’s government decided not to ban the importation of textiles, a…
New Survey Shows Cambodian Workers Improving Knowledge of Labor Rights, Safety
One of the biggest obstacles to improving labor conditions in Cambodia is the lack of knowledge…
Singapore PM: TPP Close to Conclusion; Fast-Tracking Issue a Central Concern
According to Singapore Prime Minister Hsien Loong, negotiators are “very close” to finally concluding the…
Sears Q4: 28th Consecutive Quarterly Loss; Cost-Cuts and Asset Sales Soften the Blow
Sears’ fourth-quarter report delivered a mix of good news and bad news. The good news is that the store…
JCP Q4 Better Than Expected; Shares Jump 18.4% in Response to Report
J.C. Penney (JCP) finally enjoyed its first positive quarterly sales report since 2011. On February 4…
Global FTAs Poised to Transform Global Footwear Industry
As the global economy is reshaped by several major outstanding free trade agreements, the global footwear…
Egypt’s Textile Workers Finally End Strikes; Gov’t Capitulates to Their Demands
After twelve tense days of protest, Egyptian textile workers finally put an end to their strike…