Fashion News

Cambodia drafts new procedure to secure continued access to US market

Cambodia is drafting a new special procedure to monitor trade transparency practices in compliance with rules of origin to secure continued access to the US market, its government said.
This procedure focuses on strengthening mechanisms to monitor the use of local content and value addition, ensuring transparency and compliance with the rules of origin provisions agreed upon by both countries.Read More

26.04.2025Comments Off
India’s Himadri Speciality acquires Elixir Carbo for $0.88 mn

Himadri Speciality Chemical Ltd has completed the acquisition of 100 per cent equity share capital of Elixir Carbo Private Limited for ₹7.5 crore (~$0.88 million) in cash.
The deal, finalised on April 22, 2025, makes Elixir Carbo a wholly-owned subsidiary.
The acquisition was disclosed earlier on April 21 in line with SEBI Listing Regulations, with required details submitted to exchanges.Read More

26.04.2025Comments Off
US, Sri Lanka agree to expedite planned bilateral trade agreement

As a Sri Lankan delegation met US trade representative Jamieson Greer recently in Washington D.C. to discuss reciprocal tariffs, both sides agreed to continue discussions aimed at finalising a bilateral trade agreement in the shortest possible duration.
It highlighted Colombo’s prompt commitment to work with the US government in reducing trade deficit and lowering tariff and non-tariff barriers.Read More

26.04.2025Comments Off
US’ Trinseo introduces LIGOS A 9210 for flexible flooring adhesives

Trinseo has introduced LIGOS A 9210, an all-acrylic latex binder for flexible flooring adhesives, designed for high durability, strong 90° peel strength, and resistance to plasticiser migration.
Ideal for Luxury Vinyl Tile systems, it offers fast adhesion, extended open time, and certified sustainability (Emicode EC 1+, Blue Angel, ISCC+ for Scope 3).Read More

26.04.2025Comments Off
US’ P&G reports 2% dip in Q3 FY25 sales, maintains growth outlook

Procter & Gamble (P&G) has reported Q3 FY25 net sales of $19.8 billion, down 2 per cent YoY, while organic sales rose 1 per cent.
Diluted and core EPS grew 1 per cent to $1.54.
Gross margin declined, impacted by unfavourable mix and costs.
P&G forecasts flat all-in sales and 2 per cent organic sales growth for Q4, and 2-4 per cent FY25 core EPS growth.Read More

26.04.2025Comments Off
US tariffs key point of friction at IMF-World Bank Spring Meetings

A key point of friction at the annual IMF-World Bank Spring Meetings was the recent surge of US tariffs, according to an article on the World Economic Forum website.
The role of international financial institutions in addressing climate change was also debated.
At the meetings, the IMF highlighted the need for proactive debt restructuring and fiscal reforms to ensure long-term sustainability.Read More

26.04.2025Comments Off