Despite the difficult economic situation in Vietnam, the highest year-end bonus in export processing zones (EPZ) and industrial parks (IP) in HCM City is at VND217 million (over $10,000). The enterprises in EPZs and IPs in HCM City have completed the plans on Tet bonus for their workers. Accordingly, the highest bonus for this New Year belongs to an employee of a foreign-invested company, with VND217.3 million (over $10,000). The average and the lowest bonus of foreign firms ar

Apparel exports from Peru are likely to grow between 11 and 13 percent year-on-year to surpass US$ 1.6 billion mark by the end of the current year, according to the estimates of the Apparel Committee of the Sociedad Nacional de Industrias (SNI or National Society of Industries). Chairman of the Committee Mario Fiocco Bloisa explained that the apparel sector's growth will be driven by market diversification, especially from neighboring countries. He forecasted that clothing exports from Peru t

Many India textile majors are visiting neighbouring Pakistan and finding it a lucrative destination to build their presence in the country. Keeping similarity between the culture and tradition of both the countries in mind, these visitors are confident of establishing themselves in Pakistan. Vinod K Ladia, Chairman of Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), for instance, who visited Pakistan with a 60-strong delegation, sees a 100 per cent increase in exports of syntheti

(The government is also planning…) The Cotton Corporation of India (CCI) has begun commercial procurement in Madhya Pradesh, Karnataka and Odisha where prices have fallen following an increase in supplies. The National Spot Exchange (NSEL) has started procurement on behalf of National Agricultural Cooperative Marketing Federation of India (Nafed) in Andhra Pradesh. However, prices in Gujarat, the country's leading cotton producer, remain firm at Rs 4,100 to Rs 4,200 a quintal, above the m

Wool growers are planning to maintain or increase their ewe flocks, a positive sign for the industry. Australian Wool Innovation today released information from the wool production forecasting committee which shows 2012/13 production is forecast at 345 mkg greasy, a 0.9 per cent increase on 2011/12 production. The committee's chairman Russell Pattinson said Western Australian fleece weights had increased but was largely offset by a fleece weight reduction in South Australia due to drier season

Geotextiles producer Agru America Inc. is investing $39.1 million to expand operations in South Carolina. The Georgetown, SC, firm will add 40,000 square feet to its production facility there and install new production equipment. It also will add a 130,000-square-foot asphalt storage yard. The project will cost $19.2 million and create 49 new jobs, according to a news release issued by South Carolina Gov. Nikki Haley’s office on Dec. 12. Agru also is upgrading and expanding a production facil

T-Shirtshack.com, the popular online community for custom designed T-Shirts, has just got a brick and mortar office at 1111 Lincoln Road, Miami Beach. This online store previously operated under the name SonicShack, and is one of the most preferred destinations across the web for people looking to create their own custom deigned T-Shirts. Creating own custom designed apparels is surprisingly easy at T-Shirtshack.com because visitors can upload texts and images of their own choice. These custo

American Apparel’s Wholesale Showroom – At the LA1 art show, Redbubble Pty. Ltd., a global online marketplace that facilitates the sale of authentic, amazing design on everyday products and canvasses, and American Apparel, Inc the vertically integrated clothing manufacturer based in downtown Los Angeles, celebrated local design and talked a bit about their long-term, five year partnership. Over 25 Redbubble Los Angeles artists and designers showed their authentic artwork at the American Appar

The Humane Society of the United States and The Art Institutes announced Nicolle Bajgrowicz, a student in the Bachelor of Fine Arts in Fashion Design program at The Art Institute of California – Orange County, a campus of Argosy University, as the grand prize winner of the eighth annual Cool vs. Cruel Fashion Design Competition. As grand prize winner, Bajgrowicz will receive a cash prize of $1,000 and an expense-paid, week-long internship in New York City with celebrated fur-free designer Vic

Exports of Haitian apparel to the United States under EIAP have increased substantially since we last reported in 2011. Although only three account holders are actively earning credits and two have begun to use them, in the 12-month period ending November 19, 2012, the number of credits OTEXA issued increased to about 42 million SMEs from approximately 8 million SMEs during the same period 1 year earlier. Similarly, over this period, the number of credits redeemed, or used by account holde