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Wal-Mart invests in Chinese ecommerce company
Home Textiles Today Staff, May 13, 2011Bentonville, Ark. - As part of its strategy to ramp up global ecommerce, Wal-Mart Stores Inc. will acquire a minority stake in the holding company of Yihaodian, a three-year old online retailer in China. More
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Hong Kong Home Textiles Fair set
HTT Staff, April 13, 2011Hong Kong - The 2nd annual HKTDC Hong Kong International Home textiles fair will take place this week with about 240 exhibitors from 10 countries. More
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TexStyle files Ch. 11
HTT Staff, April 13, 2011New York - Multi-category home textiles supplier TexStyle filed for Chapter 11 bankruptcy protection yesterday. The company expects to emerge this summer. More
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NRF: Retail container traffic to be up 9% in April
HTT Staff, April 11, 2011Washington D.C. - Pointing to a potentially improving economic trend, import cargo volume at the nation's major retail container ports is expected to be up 9% this month over April 2010, said the National Retail Federation. More
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Intertextile Guangzhou Hometextile China opens next week with 189 exhibitors
HTT Staff, March 9, 2011Guangzhou, China - Intertextile Guangzhou Hometextile will take place March 18-21 at the China Import and Export Fair Complex in Pazhou, Guangzhou. More
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Retail container traffic to increase double digits this month
HTT Staff, March 7, 2011Washington - Import cargo volume at the nation's major retail container ports is expected to be up 11% in March over the same month last year, said the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. More
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Vera Wang bedding expanding to Asia
HTT Staff, February 21, 2011New York - Designer Vera Wang will introduce her luxury bedding and accessories to the Asian market this July. More
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Wal-Mart creates Global Consumer Insights team
HTT Staff, February 15, 2011Bentonville, Ark. - Wal-Mart Stores Inc. has established a Global Consumer Insights division to help Walmart and Sam's Club identify consumer trends, assess the needs of customers in various global markets and create analytical tools to support the business. More
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Global Sources: More price hikes on the way
HTT Staff, February 14, 2011Hong Kong - A survey of 232 exporters doing business out of China found 74% boosted prices due to higher raw material costs last year - and 24% of those expect to raise prices again this year. More
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NRF: Retail container traffic to be up 6% in first half of 2011
HTT Staff, February 14, 2011Washington D.C. - Demonstrating retailers' optimism about business conditions in the at least in the near term, import cargo volume at the nation's major retail container ports is expected to be up 11% in February over the same month last year and 6% in the first half of 2011 versus a year ago. More
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180 exhibitors set for Guangzhou textiles show
HTT Staff, February 11, 2011Guangzhou, China - Some 180 exhibitors from China and five other countries will present their latest collections of bedding, wall and window textiles, leather, upholstery fabrics, and floor coverings at the March 18-21 Intertextile Guangzhou Hometextile China here. More
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Heimtextil attendance up 3%
HTT Staff, January 18, 2011Frankfurt, Germany - The visitor count at last week's Heimtextil show rose 3%, with exhibitors up 5%, according to show organizer Messe Frankfurt. More
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Walmart buys into Chinese e-tailer
Home Textiles Today Staff, December 28, 2010Beijing - Walmart continues to flex its international muscles and increasingly the place to do so is in China. More
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Lenzing in big expansion push
HTT Staff, December 16, 2010Lenzing, Austria - Cellulose fiber manufacturer Lenzing - supplier of Tencel and Modal fibers, among others - is planning to expand its production capacity by 25% with building projects in Austria, Indonesia, China and the U.S. More
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Retail Container Traffic to be Up 9% in December, 17% for the 2010
HTT Staff, December 15, 2010Washington D.C. - On the heels of its announcement that it was raising its holiday sales forecast due to better-than-expected results, the National Retail Federation said it has found further proof of an improving economy: increasing import cargo volume. More
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Ikea plans to more than double store count in China
Home Textiles Today Staff, October 25, 2010New York - Ikea is increasing its investment in China by $300 million with plans to more than double of number of stores it operates here as China pushes for more domestic consumption, according to a report by Bloomberg. More
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Clariant moves textile unit to Asia
HTT Staff, October 15, 2010Muttenz, Switzerland - Specialty chemical company Clariant is relocating the headquarters of its Textile Chemicals Business Unit to Singapore, putting it closer to the major textiles manufacturing countries. More
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Wal-Mart global sourcing up 18% in U.S.
HTT Staff, October 13, 2010Bentonville, Ark. - After overhauling its global sourcing structure earlier this year, sourcing is up smartly in various Wal-Mart Inc. markets around the world - up 18% in the U.S. and 19% overall. More
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NRF: Retailer container traffic expected to keep increasing
HTT Staff, October 8, 2010Washington D.C. - The National Retail Federation said import cargo volume at the nation's major retail container ports is expected to be up 11% this month over last year. More
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NRF: September retail container traffic expected to grow 16%
HTT Staff, September 8, 2010Washington, D.C. - Even with 2010 already having hit its peak, import cargo volume at the country's major retail container ports is expected to rise by 16% this month over last September. More
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