The textiles industry is notoriously fickle, volatile and hard to predict. Companies and financiers need to be able react quickly if they’re to survive. Finbarr Bermingham reports on the efforts of two countries trying to improve their industries.
Markets panicked when it emerged that China was to tighten the availability of credit. But the process is expected to be sensibly structured, with the impact to be felt in the long-term as opposed to the short, reports Finbarr Bermingham.
With the global economy in transience, those in the cotton business face a unique and unprecedented raft of challenges. Finbarr Bermingham speaks with textiles manufacturer Olam International’s managing director, global head of natural fibres, Jagdish Parihar.