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  • Luxury boutique Heiress Schaefer will be celebrating the grand opening of its elite online lingerie store this month. Men shopping for romantic gifts for their wives or girlfriends are sure to be breathless with anticipation by the time they reach the store checkout, and women of refined taste will lavish in the luxury of shopping for top lingerie fashion by today’s hottest designers including Maison Close and LOU. "Our goal in launching the very best online lingerie site is to make it easy f
  • The UK garment manufacturers and retailers are hoping for a rise in demand for ‘Made in UK’ garments and a recovery from its present downfall. Mr. Ian Maclean, managing director of John Smedley, told fibre2fashion, "There is rise in demand for apparels ‘Made in UK’ since the clothes are of good quality." "People are interested to purhase high quality garments that are durable and will last for years," he adds. John Smedley is a luxury knitwear manufacturer based in the England’s Derbysh
  • Factory employees stitch garments at a site in Yangon. (Photo: Myanmar Times Archive) Myanmar’s garment sector is set for a major boost following the enactment of the amended Foreign Investment Law and further easing of US sanctions, an industry association spokesperson said last week. U Aung Winn, vice chairman of the Myanmar Garment Manufacturers Association (MGMA), made the comments after announcing in late November that a garments and textile fair will be held in Yangon in mid-December
  • National Safety Apparel (NSA), a seventy-six year-old manufacturer of safety apparel, has acquired Seattle-based Vinatronics, a high visibility apparel manufacturer. Jason Leniski, GM of Vinatronics says "NSA and Vinatronics share a common tradition of high quality "Made in the USA" products. NSA’s sales force, distribution network, and cutting-edge manufacturing capabilities will power Vinatronics’ long term growth and sustainability, and provide more sales and service support to our custome
  • Jo-Ann Fabric and Craft Stores, the leading fabric and craft specialty retailer in America, is proud to announce a Team Member development initiative designed to prepare women to ascend the company’s leadership ranks. "Jo-Ann is committed to developing our future leaders, and we understand women face unique challenges and demands as career professionals," said Tom Williams, senior vice president, human resources." With those unique challenges and demands in mind, we have crafted this initiati
  • Dafiti, Brazil's leading fashion online retailer, today announced its fourth round of investment, worth USD 65 million. The funding from international investors, structured as cash-for-equity, will be used primarily to bolster Dafiti's logistical operations and expand the company's portfolio of brands and products across the five countries in Latin America in which the company operates: Brazil, Argentina, Chile, Colombia and Mexico. The new round is led by New York-based Quadrant Capital Advi
  • Cytec Industries Inc. announced the appointment of Michael Radossich as President, Cytec Specialty Chemicals. In alignment with the current portfolio of businesses and pending sale of Coating Resins, Specialty Chemicals is comprised of the In Process Separation and Additive Technologies businesses. Mr. Radossich will become a member of Cytec's Executive Leadership Team, effective January 2013. He will continue to be based at the company's global headquarters in Woodland Park, NJ. Mr. Rado
  • A garment worker cuts cloth at a factory in Phnom Penh. To date over 700,000 workers atprivate companies and factories have registered to join a nationwide pension scheme thatwill go into effect in 2015. Photograph: Will Baxter/Phnom Penh Post More than 700,000 workers at private companies and factories across 19 provinces have registered to join a nationwide pension scheme that goes into effect in 2015, Labour Ministry officials told the Post yesterday. A branch of the National Social Secur
  • "They will discuss possible investments in energy, banking, telecommunications, gems, rice exports, fishery products, textiles, distribution, beverages and liquor, hotels, transport, education and business-related media," a chamber official said in a statement yesterday. The Thai delegation will be led by Phongask Assakul, chairman of the Thai Chamber of Commerce. Thai businesspeople are more interested in Myanmar after the enactment of the Foreign Investment Law. "Four or five groups of Tha
  • The General Department of Taxation has asked the HCM City tax office to review the relations between Adidas Vietnam and a number of companies in the global system of Adidas to determine the costs that this firm declared for tax calculation. The inauguration of Adidas Vietnam's 50th store in HCM City in late 2011.Photo: Saigon Times. This request was made after the Ho Chi Minh City Tax Department consulted the General Department on the tax policy for Adidas Vietnam. Based on t
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