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USA : Cotton market expects to gain few points

Ironically our first 100% electronic day did not waste anytime and was already locked up across the board in the early morning. We have been at these lofty heights only twice in the last 10 years and both times the stay was short lived. However, this time there seems to be a ...

USA:ECOM report-Cotton market regains stability

We are starting to find some stability after three straight locked up limit days of trading. Overnight activity opened lower but soon found good scale down buying and eventually worked cotton prices back to limit up in the early morning as we even traded synthetically above 100...

USA:Cotton trades in narrow range due to weak exports

Very quiet day as the cotton market looks like it is happy to trade at these levels and start moving positions from May to July at the current spread of 350 pts. Cotton and grains were very quiet overnight and lead to a narrow trading range in New York and Chicago after weak ...

USA:Cotton market still volatile

We had a good week of consolidation in cotton as we had a high in K'08 on Monday of 72.97 and the low of the week on Tuesday at 67.31. The rest of the week was spent in the middle of the range near 70 cents. Demand was good at the beginning of the week as China was a big buyer, ...

USA:Cotton market moves higher

Cotton moved higher fueled by higher other commodities prices. The general pull back in commodities this week came to an end today after slightly higher prices overnight. We did see an attempt at the lows set on Thursday, but most every commodity closed in green today as the CRB ...

USA:Cotton market bounces back strongly

Cotton experienced a bit more action as bearish options lead to early weakness followed by a strong bounce off of 4 month lows at 69.54 in N'08. The day started out on light volume awaiting a predictable Federal reserve report at 1:15 CST, but the stock market was trading at 2008 ...

Germany: Athletic apparel maker Puma says 1Q profit slips to €90.1 million, but sales tick higher

Puma AG, the world's third-biggest sporting goods and apparel company, said Wednesday that its first-quarter profit slipped even though sales were up. Herzogenaurach-based Puma earned €90.1 million (US$139.9 million) in the January-March period, compared with €96.6 million last ...

India: The world will come out of current crisis soon - IIGM Vice President

India Industrial Garment Machines (IIGM) Pvt Ltd has witnessed radical transformation since its inception. Its apparel sector has been modernizing energetically to take advantage of the benefits available in a level playing field, of the post quota era. The Home textile sector is ...

Watch Santa for '09 Clues

In this gift-giving season, investors who track stock patterns are hoping the market will offer a nice, fat present. Historically, the month of December has been the year's best, and January has been close behind. Even more tantalizing, December's last five trading days and ...

Germany: Puma's 4Q profit narrows to €8.1 million

Athletic apparel and sporting goods maker Puma AG said Wednesday that fourth-quarter profits slid 79 percent, as writedowns on the value of inventories offset higher sales of its shoes, shirts and other equipment. Puma is the world's third largest sportswear company after Nike of ...

U.S. inflation rises, trade gap shrinks sharply

U.S. inflation rose in February on higher gasoline and apparel prices, government data showed on Wednesday, indicating some pricing power in the recession-hit economy and easing fears of deflation for now. In another snapshot of the U.S. economy, the country's current account ...

USA: Retailers report smaller sales declines in April

April retail sales figures offered more signs that consumers are starting to feel better about spending. But they are still keeping their budgets tight, sticking mostly to necessities such as groceries and health care products. In a glimmer of hope for the broader economy, some ...

Apparel retailers try to match merchandise to season, in new pattern

NEW YORK — When times were good, retailers sold sundresses in February and heavy wool sweaters in August. Now, consumers worried about the recession are buying only what they need today. This new frugality has merchants and suppliers overhauling every aspect of their businesses, ...

USA: American Apparel Announces NYSE Amex Acceptance of Plan of Compliance

American Apparel, Inc. (NYSE Amex: APP), a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced that it received a letter from the NYSE Amex LLC (the ”Exchange”) that the Exchange accepted the company’s previously submitted ...

Italy: Prada bankers contact Richemont on stake-paper

Bankers for Italy's Prada fashion house have contacted Compagnie Financiere Richemont SA about the Swiss company taking a stake in it, la Repubblica newspaper said on Saturday. In an unsourced report, the Italian daily said the banks, including Intesa Sanpaolo SpA and UniCredit ...

Israel fashion plays with black and drama

Israel's "Castro", a Fashion house with an honored history of 50 years has presented its fall-winter 2009-2010 collection in Tel Aviv, dominated by black designs. Black and drama will dominate the Israeli fashion scene during the next winter, according to the country's leading ...

Europe faces prospect of more bailouts

Europe's government debt crisis intensified Thursday as worries grew that the continent's most financially troubled countries, mainly Ireland and Portugal, will need a bailout to avoid bankruptcy just as Greece did earlier this year. Ireland was the epicentre of the latest ...

China to shift to tighter monetary policy

China will gradually shift to a tighter monetary policy next year and it needs to slow money-supply growth, Reuters reported, citing a central bank adviser's remarks published in the China Securities Journal on Dec 3. Li Daokui, who sits on the monetary policy committee of the ...

Key targets of China's 12th five-year plan

The Fourth Session of the 11th National People's Congress holds its closing meeting at the Great Hall of the People in Beijing, China, March 14, 2011. The National People's Congress (NPC), China's parliament, adopted a resolution to approve the 12th Five-Year Plan for National ...

Oil Price Rises on Alaska Pipeline Close

Crude prices gained over 1 percent on Monday as the shutdown of the Trans Alaska Pipeline System caused supply concerns. On Saturday, Alyeska Pipeline Co., which operates the 800-mile pipeline network, shut the pipeline after workers discovered a leak. The closure forced BP, ...
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world

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Chinese leader calls for more marine power
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Court rejects Apple lawsuit over iPad name
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trade

sports

Fourteen countries expected to compete in Cuba's wrestling tourney
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Yao's gift of sport for all
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