LA PAZ, Bolivia— Anti-riot police and workers clashed in Bolivia's capital during a protest against the government's decision to close the country's largest state-run textile company. More than 800 people were laid off when President Evo Morales closed the ENATEX national textile company Monday. The factory went into crisis after Bolivia lost its U.S.... » Read More
CALAFAT, Romania, Feb 9- O utside a clothing factory in Calafat in southern Romanian early one morning, hundreds of workers crowd around makeshift stalls to stock up on snacks and drinks for their shift. But even inside the European Union- in Romania and Bulgaria particularly- workers can endure poverty-level wages, long hours and arduous conditions to make...
BEIJING, Jan 20- China's cotton imports dropped to their lowest in at least 9 years in 2015, according to Reuters calculations based on trade figures released on Wednesday. Imports by the world's top consumer of the fibre have been slowing as the gap between domestic and international prices narrows and after Beijing reduced the availability of low-tariff...
AKSU, China, Jan 12- The Youngor cotton spinning factory is one of the biggest employers in Aksu, an agricultural town on the edge of the Taklamakan desert in China's restive Xinjiang region. Youngor, one of China's largest shirt-makers, opened the plant in 2011 to be closer to the main cotton-growing region in Xinjiang. China is putting less value on being "the...
Scientists coated fabric with a nearly invisible substance that can supercharge winter clothing and cut down on household heating.
Marjorie Yang, Chairwoman of textile manufacturing firm Esquel Group, explains the benefits of a slowdown in Chinese economic growth.
Entrepreneur Stephenie Anderson has opened a new American wool mill in Minnesota, something the region hasn't seen in decades.
Swiss company Schoeller has been developing clothes with special attributes, like self-cleaning, using nano technology. The company is also looking at way to dispense medicine from clothes straight to the skin.
The race to produce spider silk, a very strong and stretchy material, has been going on years, but Japanese company Spiber claims it is on the verge of mass production. CNBC takes a closer look.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.
A proposed free trade agreement with South Korea, which the House and Senate are scheduled to consider this week, would open the American market to a manufacturing powerhouse that has its own high-technology textile industry. The New York Times reports.
Commentators are worried how inflation and higher raw costs might affect retailers, but Cramer thinks those fears are overblown.
Cramer thinks it could be, but to be sure, he spoke with the company's CEO.