Egypt - Textile Industry Overview
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EGYPT: Forall menswear group secures Cerruti 1881 licenseEgypt | Just Style | 4 August 2009 Italian men's wear firm Forall Group, which is 35% owned by Egyptian textiles and tailoring specialist Arafa Holding, has signed a five-year licensing deal for the Cerruti 1881 brand. |
Egypt’s clothing fortunes mirror global downturnEgypt | Just Style | 27 July 2009 The Egyptian textile and clothing industry occupies a central role in the country's economy, with Egyptian cotton the bedrock of the local industry. Even so, the current global economic downturn is likely to have an adverse effect on the sector, a new report says, with sales and output set to decline this year and next. |
ISRAEL: Tefron in talks to set up Egypt joint ventureEgypt | Just Style | 16 June 2009 Seamless intimate apparel, activewear and swimwear maker Tefron Ltd is in talks to set up a joint manufacturing venture in Egypt. |
SPAIN: Zara targets Egypt with Cairo openingEgypt | Just Style | 5 June 2009 Spanish fashion group Inditex has opened its first Zara store in Egypt, in the city of Cairo. |
EGYPT: Arafa acquires 35% stake in Forall ConfezioniEgypt | Just Style | 15 December 2008 Egypt-based apparel company Arafa Holding has signed an agreement for the acquisition of a 35% stake in Italian fashion firm Forall Confezioni for EUR25.3m (US$34.6m). |
US: Gap expands into Mexico, Egypt and JordanEgypt | Just Style | 19 September 2008 In another move to expand its international presence, Gap Inc has signed a deal with Mexico's leading department store chain to sell Gap brand merchandise in a franchise "store within a store" concept. |