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Nigerian Government in Talks with IMF

Thursday, October 21, 2021

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The Nigerian federal government is negotiating with the International Monetary Fund (IMF) on repayment terms for the $3.4 billion extended to Nigeria under the Fund’s global $650 billion Special Drawing Right (SDR).

China’s Fosun Fashion Group in Lanvin Rebrand

Tuesday, October 12, 2021

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China's Fosun Fashion Group has changed its name to Lanvin Group and could pursue acquisitions as its seeks to build a global portfolio of luxury brands, the company said yesterday, while also announcing the arrival of new investors.

Swiss to Invest in Bangladesh Leather Sector

Tuesday, October 12, 2021

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According to Switzerland's ambassador to Bangladesh Nathalie Chuard, entreprenuers from the country are interested in investing in Bangladesh’s leather sector. A Swiss envoy shared the information in a meeting with Industries Minister Nurul Majid Mahmud Humayun at the latter's office in Dhaka. During the meeting, it was agreed that the countries could work together on issues such as patents, designs, trademarks of products and services, and geographical indication products for the protection of intellectual property.

Indonesian Apparel Firm Signals Industry Risks

Monday, October 11, 2021

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Indonesia’s apparel sector has come under scrutiny following the plunge into distress for a major clothing firm. The credit market tumble is fuelling broader concerns about the sector, which has been particularly vulnerable to faltering global demand during the pandemic.

Tandy Leather Inc. Delisted from Nasdaq

Monday, October 11, 2021

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The Nasdaq Stock Market announced that it will delist the common stock of Tandy Leather Factory Inc. The American specialty retailer and wholesale distributor of leather and leather related products has had its common stock suspended since 13th August 2020 and has not traded on Nasdaq in that time. The company was founded in 1919 and operates in three divisions: wholesale leathercraft, retail leathercraft and international leathercraft.

Assomac presents its new logo, updates its web portal, and achieves the European Collective Mark

Friday, October 8, 2021

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A new style and communication approach for the association which represents the Italian manufacturers of technology for footwear, leathergoods and tanning, in order to be open to changes in the international sectors of the Fashion industry.