textile and garment

Textile and garment makers seek multitude of options

July 16, 2021 | 08:07

As the current outbreak of the pandemic remains complicated, textile and garment makers fear lasting impacts on their operations, with many of them hoping for either direct support from the government or the permission to take the initiative themselves.

Coolmate draws $500,000 investment from STIC Investments

June 14, 2021 | 08:17

Coolmate, a Vietnamese men's clothing brand, has recently wrapped up a $500,000 pre-A round investment from South Korea’s STIC Investments.

M&A appetite robust in textile and garment sector

April 21, 2021 | 11:33

Vietnamese textile and garment firms struggling due to the COVID-19 pandemic are becoming potential targets for mergers and acquisitions (M&A).

Global prospects abound for textiles

March 26, 2021 | 08:00

Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.

Bright signs from textile and apparel export

March 03, 2021 | 22:13

Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.

Muji opens its largest store in Southeast Asia in Vietnam

November 27, 2020 | 13:56

Muji officially opened its largest store in Southeast Asia in Vietnam in the context of its success in controlling the COVID-19 epidemic and Black Friday.

Vietnamese fashion brand SIXDO officially launched 1

October 28, 2020 | 16:49

Local fashion brand SIXDO officially launched its fashion show and also opened 30 stores across the country.

Song Hong Garment yet to set aside provisions for New York & Co. receivables

August 18, 2020 | 17:46

Song Hong Garment (HSX: MSH) is running large risks by not setting aside provisions for the US partner’s debt.

Vinatex facing difficulties in past two quarters

August 08, 2020 | 13:19

Scattered orders along with a saturated market for face masks have pushed Vinatex in the deep in the last two quarters.

New York & Co's collapse a heavy hit to Song Hong Garment

July 20, 2020 | 15:27

Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner.

Vietnam’s textile and garment companies suffer from JCPenney bankruptcy

May 23, 2020 | 20:14

Once JCPenney files for bankruptcy, hundreds of textile and garment stores, including those in Vietnam, will have to cease and desist orders.

Viet Tien foresees 70 per cent drop in profit due to COVID-19

April 18, 2020 | 16:21

The COVID-19 lockdown deeply altered Viet Tien's outlook, forcing it to revise its profit plan to an estimated drop of 70 per cent this year.

Rules of origin pose questions for sectors jostling for position

March 08, 2020 | 08:00

Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.

UNIQLO, Gap, and Nike disrupted by COVID-19 epidemic

February 22, 2020 | 16:57

The lack of local supply for garment and textile producers caused by COVID-19 has raised concerns among international fashion brands like UNIQLO, Gap, and Nike.