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  • US' Meaningful Partners invests in Active Apparel group

    2021-10-11

    Meaningful Partners, a Los-Angeles based private equity firm, has completed a strategic growth investment in Active Apparel Group (AAG), a leading, socially-responsible manufacturer of activewear and swimwear for both leisure/lifestyle and performance markets. AAG offers end-to-end solution in the d Read More

  • Bangladesh RMG industry growing sustainably: BGMEA president

    2021-10-11

    Sustainability is a key area of concern for Bangladesh’s readymade garments (RMG) industry, which is making all-out efforts to grow and ensure environmental sustainability at the same time, Faruque Hassan, president of the Bangladesh Garments Manufacturers and Exporters Association (BGMEA), told a r Read More

  • Importers brace for goods shortage as China's energy crisis continues

    2021-10-09

    Major importers of ‘Made in China’ products are bracing to deal with shortage of goods due to the continuing uncertainty about the end of power shortage in the world’s second-largest economy. This is especially so for goods that require intensive energy during their production. The power uncertainty Read More

  • British fashion industry requests govt for support

    2021-10-08

    American clothing company Levi Strauss (LS&Co) has entered the activewear category by acquiring Beyond Yoga, a fast-growing, premium athletic and lifestyle apparel brand based in the US. The companies have signed a purchase agreement for the sale and the transaction will be financed with cash. It is Read More