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DHAKA, June 6- Bangladesh's finance minister pledged on Thursday to improve safety in the garment industry after a factory collapse killed more than 1,100 people, but he unveiled no new money in his annual budget to relocate dangerous buildings.
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June 6- The day after Wal-Mart Stores Inc published Simco Group's name on its list of banned Bangladesh suppliers, the garment maker learned it had lost an order from U.S. retailer J.C. Penney Co Inc for 500,000 pairs of pajamas.
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Guess shares surged more than 9 percent Friday following better-than-expected profit despite a significant decline from a year earlier, reports TheSteet.com.
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TOKYO, May 31- Apple Inc hiked prices of iPads and iPods in Japan on Friday, becoming the latest and highest-profile brand to join a growing list of foreign firms asking Japanese consumers to pay more as a weakening yen squeezes income. Apple, one of the most visible foreign companies in Japan, raised the price of iPads by up to 13,000 yen at its local stores.
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C.V. Ramachandran, Head, Asia at Alix Partners speaks about the shift in China's changing consumer landscape and growth opportunities in the sector.
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May 21- Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations."
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NEW DELHI- India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.
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A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.
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GAZIPUR, Bangladesh, May 20- A Bangladesh factory where Wal-Mart Stores Inc and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp..
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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May 15- Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
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*H&M, Inditex sign Bangladesh reform accord. *Wal-Mart asks Bangladesh government to shut unsafe factory. STOCKHOLM/ CHICAGO, May 14- Major U.S. retailers, including Gap Inc, declined to endorse an accord on Bangladesh building and fire safety backed by Europe's two biggest fashion chains, a trans-Atlantic divide that may dilute garment industry reform efforts.
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*H&M, Inditex sign Bangladesh reform accord. *Wal-Mart asks Bangladesh government to shut unsafe factory. STOCKHOLM/ CHICAGO, May 14- Major U.S. retailers including Gap Inc declined to endorse an accord on Bangladesh building and fire safety backed by Europe's two biggest fashion chains, a trans-Atlantic divide that may dilute garment industry reform efforts.
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May 13- Walmart called on the Bangladesh government on Monday to stop production at one apparel factory and investigate the condition at another until workers' safety could be assured.
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STOCKHOLM/ MADRID, May 13- The world's two biggest fashion retailers Inditex and H&M, along with several other companies, have backed an accord aimed at preventing a repeat of last month's collapse at a Bangladesh factory building that killed more than 1,100 people.
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Stanley Thai, Founder and Executive Chairman of Supermax tells CNBC how he built the world's second largest glove maker.
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The San Francisco 49ers and Levi Strauss have reached an agreement for a $220 million, 20-year naming rights deal for the team's future stadium in Santa Clara, Calif.
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HANOI, May 3- When Nguyen Manh Hung's furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $25,000 a month after costs and wages for 35 staff. Two years later, hurt by the slump in Vietnam's economy, business in his Hanoi shop is crumbling.
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Sales were essentially flat in North America, its largest market, and fell in Asia and Europe, Middle East and Africa. It expects 2013 industry unit shipments to stay flat in Europe, Middle East and Africa. In the United States, shipments are expected to rise 2 percent to 3 percent, and in Latin America and Asia, gain 3 percent to 5 percent.
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