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Global textile equipment manufacturers drawn to promising Chinese market
(Xinhua) — More than 1,300 textile equipment manufacturers from around the world are attending an ongoing exhibition in Shanghai as Chinese textile producers turn to high-end technology to boost their…
Nike reported slower China sales
The US sportswear and equipment producer Nike reported lower profit growth in China in the previous three months ended on August 31. According to the company report for the period, its…
Nike admits to false advertising
Nike China, a leading sportswear and equipment supplier, released a statement on Thursday admitting to false advertising, Caixin.com reported. The advertisement was for Nike Zoom Hyperdunk 2011, which has been…
China launches temporary cotton reserve
China launched a temporary cotton reserve Sept 8 in an effort to stabilize cotton production and protect farmers’ interests, the country’s top economic planner said. China National Cotton Reserves Corporation…
Itochu to buy 30% of China’s Shangdong Ruyi
Japanese trading house Itochu Corp said on Wednesday it will acquire 30 percent of Shandong Ruyi Group for roughly 15 billion yen ($200 million), as it looks to expand in…
Dangerous chemical found in sportswears
Tests reveal clothes by well-known sportswear brands contain a hazardous chemical that can inhibit male sexual development and cause early female development. The non-governmental organization, Greenpeace, purchased 78 pieces of…
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