Bangladeshi garment industry back to pre-pandemic levels

Notably, Bangladesh’s textile/apparel sector currently accounts for 81.16% of the country’s exports, up from 78.2% a decade earlier. The European Union (plus the UK) remains by far…

Egypt aims to double its high-quality cotton production and export

Hamed Abdel-Dayem told Reuters production should rise to 1.4 million qintar (160 kg) in the 2017-18 fiscal year that started in July from 700,000 qintar a year…

New York City Council approves Garment District rezoning

The decision, announced on Thursday, brings an end to a garment industry-protecting policy in place since 1987, which required landlords in the district to devote one square foot…

Mergers & acquisitions fever still running high in beauty industry

Nyx, Becca Cosmetics, Le Labo, Francis Kurkdjian, Frédéric Malle, Atelier Cologne, Carver Korea and Too Faced: in the last few years, the number of make-up, skincare and…

New Zealand to target online giants with digital tax

Prime Minister Jacinda Ardern said the cabinet had agreed to issue a discussion document about how to update the country’s tax framework to ensure multinational companies pay…