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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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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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Container traffic peak arrives earlier than usual
HTT Staff, August 6, 2010Washington - Compared to low container traffic a year ago, import cargo volume in the U.S. is forecast to rise 15% this year. More
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Changing of the guard at Oeko-Tex
HTT Staff, July 27, 2010Greensboro, N.C. - Jean-Pierre Haug has become the new secretary general of eco-friendly certification organization Oeko-Tex upon the retirement of Raimar Freitag. More
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Retail container traffic expected to rise again
HTT Staff, July 9, 2010Washington - Although retail container traffic is expected to jump 16% this month, the Global Port Tracker report suggests it could be the last month of double-digit increases for a while. More
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Alibaba.com acquires Vendio
HTT Staff, June 25, 2010Hong Kong - B-to-B ecommerce provider Alibaba.com has signed a deal to acquire Vendio, which allows merchants to sell through multiple channels including eBay, Amazon and their own Vendio store. More
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NRF: Retail container traffic to increase 8% this month
April 5, 2010Washington, D.C. – Import cargo volume at the country’s major retail container ports is expected to rise 8% this month compared with April 2009, and solid increases are expected to continue through the summer as the U.S. economy improves, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. More
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Overstock artisan program hits milestone
April 5, 2010Salt Lake City– Overstock’s department featuring handcrafted product has hit the $50 billion mark in terms of payments to artisans and the groups representing them. More
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Turner retiring from Cotton Inc.
March 12, 2010Cary, N.C. – Long time fiber and fabric executive Dean Turner is retiring from Cotton Inc. on March 15. More
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Market Week show-in-show exhibitors announced
March 4, 2010New York – HTT has announced the exhibitors who will be participating in the Global Interiors Home Collection Show, a show-with-show taking place during the New York Home Fashions Market. More
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Court of Versailles reinterprets look for the 21st Century
March 3, 2010New York – Court of Versailles is coming to market with three new bedding ensembles intended to update the look for the modern luxury consumer. More
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HTT to debut show-within-show during market
February 18, 2010New York – HTT is bringing together a group of international exhibitors for the Global Interiors Home Collection Show, a show-within-show concept taking place during the New York Home Fashions Market. More
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Walmart: Home benefiting from sourcing deal and consolidation
February 18, 2010Bentonville, Ark. – Walmart’s alliance with Li & Fung, which shifts a portion of the sourcing responsibility and manpower off Walmart’s plate, is already showing “early benefits,” according to the company. More
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Retail container traffic to rise 25% in first half
February 8, 2010Washington – Import cargo volume at the nation’s major retail container ports is projected to jump 25% during the first six months of 2010 on a year-over-year basis, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. More
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Deal gives Wal-Mart option to take over new sourcing entity
January 28, 2010Hong Kong – The Li & Fung souring deal announced today with Wal-Mart Inc. gives the retailer the option to take ownership of WSG – the new operation that the trading company is establishing to provide global sourcing services for the WM account. More
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More details emerge on Wal-Mart, Li & Fung deal
January 28, 2010Hong Kong – Li & Fung’s new business handling direct sourcing for Wal-Mart, announced earlier today, will be called WSG. The wholly owned subsidiary is expected initially to be focused 80% on hard lines and 20% apparel, the company’s president told HTT. More
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Culp fights to protect fabric copyrights
January 21, 2010High Point — Fabric and mattress ticking maker Culp Inc. said it has reached agreements with unnamed customers and fabric suppliers over copyrighted fabric designs and will be pursuing others who are using unauthorized versions of its designs. More
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