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  • Bangladesh garment factories reopen within days of shutdown Bangladesh garment factories reopen within days of shutdown

    DHAKA - Bangladesh has re-opened hundreds of garment factories after just three days of closure following protests over pay and poor work conditions. The Bangladesh Garment Manufacturers and Exporters Association had called for the re-opening on Friday. The shutdown of factories this week was prompted by worker protests over low pay and poor working conditions sparked by the country's ...

  • Anand Sharma invites Japanese Inc to invest in India

    Commerce, Industry and Textiles Minister Anand Sharma, addressing the "India Investment Roundtable" jointly organized by the Department of Industrial Policy and Promotion (DIPP) of Ministry of Commerce and Confederation of Indian Industry in Tokyo today, invited leading Japanese companies to invest in India and become partner in the growth story of India for mutual benefit. India and Japan ...

  • Anand Sharma meets Japanese PM Shinzo Abe

    Commerce, Industry and Textiles Minister Anand Sharma, who is on a two-day visit to Tokyo for a comprehensive review of bilateral economic engagement with Japan, today called upon Japanese Prime Minister Shinzo Abe. During the meeting, Sharma apprised the Japanese prime minister of the progress made in the implementation of the Delhi Mumbai Industrial Corridor (DMIC) project, which was ...

  • Bloomingdale’s to open first Honolulu store

    Macy’s, Inc. announced that Bloomingdale’s plans to enter the Hawaii market for the first time in fall 2015 with a 167,000-square-foot, three-level store to be built in Ala Moana Center in Honolulu on the Island of Oahu.The new store will be part of a redevelopment of a portion of Ala Moana, Hawaii’s premier shopping destination, by General Growth Properties. Construction will ...

  • Q1 FY’13 sales rise marginally at Walmart

    Wal-Mart Stores, Inc. reported financial results for the first quarter ended April 30, 2013.Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from the extra day due to leap year. On a constant currency basis1, net sales would have increased 1.8 percent to $114.2 billion.Membership and other income ...


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Movie Review

Wall Street [DVD]

Wall Street [DVD]

Given that Oliver Stone made Wall Street directly on the heels of winning the Best Director and Best Picture Oscars for Platoon (1986), it is not surprising that the two films are quite similar thematically, so much so that they make intriguing companion pieces despite their ... ...

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  • Retailers seek transparency in “Safe Factories Initiative”

    The North American Bangladesh Worker Safety Working Group, a collaboration of six leading U.S. and Canadian apparel and retail trade associations, sent a letter to the Prime Minster of Bangladesh, Sheikh Hasina Wazed regarding the serious worker safety issues in Bangladesh.The letter, which included an attachment outlining specific requests on behalf of North American buyers, was hand-delivered ...

  • Xerium refinances existing term loans

    Xerium Technologies, Inc. a leading global provider of industrial consumable products and services, announced that it has refinanced its existing term loan and revolving credit facility with the proceeds of a new term loan arranged by Jefferies and Credit Suisse.Xerium remains focused on executing its global restructuring initiatives and the terms of the new credit facilities provide management ...

  • Cotton market confused since release of USDA report

    The market has been in a state of confusion ever since the latest USDA supply/demand estimate was released last Friday, as traders seem to have difficulty making sense of the data.The main message we take from the USDA report, which includes a first look at the 2013/14-season, is that the divergence between China and the rest of the world (ROW) is going to become even more pronounced as we head ...

  • Gardeur SS line features range of sustainable products

    For Spring/Summer 2014 Atelier GARDEUR will be focusing its menswear collection on trend themes like denim and light weight fabrics, and alongside patterns it will be presenting an extended product range revolving around the sustainability theme.After it very successful launch Atelier GARDEUR will also be continuing its handcrafted "Tribute to tailoring" line. The strong colours of ...

  • Islamic fashion gets international recognition

    Islamic fashion is no more restricted to the countries inhabited by a considerable number of Muslim populations, but has got international ...

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