Li Ning & HongShan form JV for global brand expansion

Uncategorized
Li Ning Company Limited announced the formation of a joint venture (JV) in the British Virgin Islands with HongShan Venture and others to develop the Li Ning Brand in international markets.
The JV leverages Li Ning’s brand leadership and HongShan’s transnational resources.
Li Ning will hold 55 per cent of the JV shares, maintaining control while benefitting from HongShan’s expertise.

Li Ning & HongShan form JV for global brand expansion Read More »

Canada’s Lululemon & Fanatics partner with NHL for new apparel line

Uncategorized
Lululemon and Fanatics announced a multi-year partnership with the NHL to launch fan apparel for 11 teams in the 2024-25 season, expanding to all 32 teams by 2025-26.
The collection includes popular Lululemon items featuring team logos, available from October 29 in select stores and online.
NHL star Connor Bedard will feature in the campaign promoting the new line.

Canada’s Lululemon & Fanatics partner with NHL for new apparel line Read More »

Indian apparel exporters to see 9-11% revenue growth in FY25: ICRA

Uncategorized
Indian apparel exporters are expected to see 9-11 per cent revenue growth in FY25, driven by retail inventory liquidation and global sourcing shifts to India, according to ICRA.
Despite FY24 challenges from high inventory, sluggish demand, and competition, long-term prospects remain positive.
Government initiatives like the PLI scheme and free trade agreements will further boost growth.

Indian apparel exporters to see 9-11% revenue growth in FY25: ICRA Read More »

South Korea’s apparel imports surge 5.8% to $1.31 bn in Sept 2024

Uncategorized
South Korea’s apparel imports rose to $1.39 billion in September 2024, a 5.87 per cent year over year increase, and 11.40 per cent higher than August 2024.
Imports of knitted and non-knitted apparel were valued at $549.7 million and $837.9 million, respectively.
The country typically exports textile materials, with man-made filaments and knitted fabrics being key export items.

South Korea’s apparel imports surge 5.8% to $1.31 bn in Sept 2024 Read More »

Bangladesh interim govt dissolves BGMEA board, appoints administrator

Uncategorized
The interim government in Bangladesh has dissolved the board of the Bangladesh Garment Manufacturers and Exporters Association and appointed Mohammad Anwar Hossain, vice chairman of the Export Promotion Bureau as an administrator to oversee its activities.
Hossain has been instructed to conduct a ‘fair and neutral’ election within 120 days and hand over duties to the elected committee.

Bangladesh interim govt dissolves BGMEA board, appoints administrator Read More »

6 body weight exercises to lose weight that can be done anywhere!

Health & Fitness

No elaborate equipment or gym membership, all that bodyweight exercises require is a well-ventilated room, and an enthusiastic you! Doing bodyweight exercises to lose weight can be effective and super easy. These exercises use your body weight to build resistance against the force of gravity, burning calories in the process. This form of workout can

6 body weight exercises to lose weight that can be done anywhere! Read More »

Japan’s clothing imports up 3.5% in H1 FY25, machinery exports drop

Uncategorized
Japan’s clothing and accessory imports rose by 3.5 per cent to 1,842,869 million yen in the first half of fiscal 2024-25.
Imports of textile yarn and fabric increased by 2.2 per cent, while exports of textile yarn and fabric grew by 6.8 per cent.
However, exports of textile machinery fell by 25 per cent.
In September 2024, imports of clothing and accessories declined by 8.3 per cent year-on-year.

Japan’s clothing imports up 3.5% in H1 FY25, machinery exports drop Read More »

Bangladesh’s RMG industry stable, foreign buyers’ trust intact: BGMEA

Uncategorized
Bangladesh’s apparel industry is stable now after a challenging period and foreign buyers have confidence on it, according to trade body BGMEA, which has sought government support to maintain the industry’s competitiveness.
The industry body expects government support to maintain law and order; simplify and expedite customs and port procedures; and ensure banking reforms do not hit businesses.

Bangladesh’s RMG industry stable, foreign buyers’ trust intact: BGMEA Read More »

Shopping Cart