President Xi Jinping meets with Cambodian Prime Minister Samdech Techo Hun Sen at the Great Hall of the People in Beijing on Wednesday.PANG XINGLEI / XINHUACambodian prime minister's visit a sign of friendship at special momentChina has the confidence and capability to win the battle on the prevention and control of the pneumonia epidemic caused by the novel coronavirus, President Xi Jinping said on Wednesday.Xi made the remark while meeting with visiting Cambodian Prime Mi­nister Samdech Te

In an endeavour to employ a growth strategy, major fashion retailer Macy’s intends to shut down around 125 of its least productive stores in next 3 years.This also includes 30 stores that are already in the process of closing down.Image Courtesy: fortune.comAs a part of its business strategy, Macy’s also plans to reduce the headcount in its corporate and support function by 9 per cent or about 2,000 positions.Speaking about Macy’s growth strategy,Jeff Gennette, Chairman and CEO, Macy’s, reported

The outbreak of coronavirus is causing concern in financial markets worldwide. Chinese shares drop nearly 9% amid fears of coronavirus impact. Indian exporters are seeing cause for concern as soon as the virus gets under control. Even after the end of the Chinese Lunar Year holiday, the real effects of trade can be estimated after February 8th.Figure:The outbreak of coronavirus left the Chinese industries at pause and the Indian industry is ready to fill the gap for Chinese dealers. Courtesy:eco

Over the last seven years, the government has gradually introduced regulations that made jute packaging mandatory for 19 agricultural products to reduce polythene and plastic bags. But the parties in the supply chain are not following the regulations properly, rather continuing to use environmentally harmful polythene and plastic bags.Figure:Jute sacks produced by the government remain unsold and unused, and every year the government is facinghundreds of crores of taka loss.The Trading Corporati

At this year’s ISPO Munich tradeshow, the sports and outdoor industry declared war on waste, whether it is single use plastics, production or post-consumer textile waste. A broad variety of materials, technologies, products, initiatives and collaborations demonstrated that the industry is finally taking on responsibility for rethinking how we make, consume and dispose of sports and outdoor products.Eliminating plastic wasteIn an expansive sea of displays featuring plastic bottles, fishing nets a

Among all the diversified garment products in Bangladesh in recent years, denim emerged as a foremost potential item for the country. Nowadays, Bangladeshi denim is the much-talked-about items worldwide, especially in European countries.Figure 1:Denim emerged as a foremost potential export item in Bangladesh.Not only the highest supplier to the EU, but Bangladesh is also the third-largest denim supplier to the US in a year. Bangladesh exports nearly $1billion worth of denim products to the Europ

Bangladesh’s apparel industry, the $34 billion industry and the lifeline of the economy may suffer badly due to the outbreak of ongoing Coronavirus as the supply chain of raw materials for the sector might be disrupted if it prolongs and spread further.Figure 1: Bangladesh textile and apparel sector is highly dependent on China. It can be a disaster with a delay in shipment if the supply chain does not work properly. Courtesy: Feature China/Barcroft Media via Getty ImagesPrimarily some of the ap

The company announced today that its three textile fairs in Shanghai will be postponed from March to a later date due to the Novel Coronavirus outbreak.This includes Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring and Intertextile Shanghai Home Textiles – Spring Edition which were due to be held in Shanghai from 11 – 13 March at the National Exhibition and Convention Center.

Lindex’s very popular baby assortment is being expanded to now include ‘Lindex Baby Home’ – a playful home collection for kids.The home collection is made from organic cotton and recycled polyester, and the cotton products are alwaysGOTS certified.Having about 460 stores in 18 markets, Lindex is an international fashion company with head office in Gothenburg, Sweden and has about 5,000 employees. The company, notably,has6production offices in Bangladesh, China, Hong Kong, India, Myanmar and Turk

Image Courtesy: www.dudeiwantthat.comCoats, the industrial thread maker,has collaborated with Osram, a global lightning specialist to bring out a lightweight and customisable LED light system with application in actiwear or workwear.Coats Signal Active Illumination isa chargeable device that offers3times better visibility than retro-reflective products.It’sconstructed using flexible light guides and can be easily clipped and unclipped from the garment, making the garment fit for machine wash and