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The coronavirus pandemic is likely to cost the apparel and footwear industries across the Asia-Pacific region US$95.4 billion in lost sales this year. The impact on the broader global industry will be a massive US$395.6 billion in lost sales, according to…
Bonjour CEO Cheung Ka Fai has resigned after less than two months in the role, citing “personal career development”. He has been replaced by Wong Iu Ming. In a statement to the stock exchange, the struggling apparel chain confirmed there was “no disagreement…
Vietnam’s share of US apparel imports has benefited as China’s share in the market is slipping in the wake of the Sino-US trade war. According to the US Department of Commerce’s Office of Textiles and Apparel, Vietnam’s share increased to 14.26 percent last…
