Express, Inc. (OTC PINK: EXPR) has recently disclosed its receipt of a non-binding letter of intent from a consortium led by WHP Global (“WHP”), along with the participation of a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”), for the potential sale of a significant majority of the Company’s retail stores and operations.
The National Council of Textile Organizations (NCTO) has welcomed the appointment of Katherine White as the Chief Textiles and Apparel Negotiator for the U.S. Trade Representative’s Office (USTR), hailing her as an exemplary choice for the crucial position. In a statement issued by NCTO President and CEO Kim Glas, Katherine White's appointment was celebrated as a significant step forward for the textile industry. White's extensive background in manufacturing policy and expertise in textile-related trade issues, highlighted by her previous roles as an International Trade Policy Advisor on the House Ways and Means Committee, as well as positions at the U.S. Department of Commerce and the White House, positions her as an ideal candidate for the role.
Brazil's Cotton Industry Booms Despite Challenges: A Look into Record Production and Market Dynamics
Brazil's cotton sector is experiencing a remarkable expansion, poised for a record-breaking production season in 2023-24, despite encountering certain challenges along the way. Recent estimates from the Centre for Advanced Studies on Applied Economics (CEPEA) reveal promising growth prospects, underpinned by a surge in cultivation areas and robust export performance.
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