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Zimbabwe : Ministry to release legal framework for cotton sector, soon

Agriculture Minister Rugare Gumbo revealed that a legal framework is being prepared to facilitate the functioning of cotton industry. Cotton industry lately has been facing several problems especially illegal marketing by financed farmers. Thus, these growers are unable to ...

India : Minaxi Textiles 12th AGM to be held on Sept 29

Minaxi Textiles Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from September 24, 2007 to September 29, 2007 (both days inclusive) for the purpose of payment of dividend & 12th Annual General Meeting (AGM) of the Company to ...

India : Garment Technology Expo a success!

South India’s largest exhibition on apparel production technology concluded in Bangalore with a positive note on July 15th 2007. The impressive lamp lighting at the inaugural ceremony was jointly performed by the Chief Guest Mr. Dinesh J. Hinduja, Executive Director, Gokaldas ...

USA : Wal-Mart home & apparel sales remain soft

Wal-Mart Stores Inc reported net sales for the four-week and 26-week periods ending August 3, 2007, and August 4, 2006, respectively, as follows (dollars in billions): The Company reports net sales on a monthly basis based upon the 4-5-4 retail calendar. For earnings releases, ...

Australia : Industry celebrates 200 yrs of wool trade

Woolgrowers, industry leaders and Government representatives attended an industry function at Parliament House in Canberra last night to commemorate 200 years of Australia’s successful international wool trade. This event is one in a series of events held around the world by ...

India : Country corners Chinese yarn with anti-dumping

Observing the plight of polyester manufacturers, the Ministry of Commerce and Industry has imposed anti-dumping duty of US $545.22 or about Rs 22,000 per metric ton on Chinese partially-oriented yarn (POY). This has come into effect from August 2. After conducting an inquiry ...

USA : Bold & beautiful: A Pea In The Pod Fall 2007 Collection

In this fall 2007, A Pea in the Pod presents breathtaking combinations of sleek and modern fabrics, pops of bright color and show stopping dresses. Bold cocktail dresses and tunics are layered with tights, short jackets and long sweaters for an edgy, sensual look that's both day ...

India : Paramount to diversify into apparel sector

Paramount Surgimed, the manufacturer of surgical apparatus, has planned to venture into the apparel sector. The company has inked an agreement with Axara, the French apparel brand, to promote it in Indian market. Axara, which expertises in trading women garments, has achieved ...

Germany : PUMA footwear & apparel improves in Q2

PUMA’s brand sales, which include consolidated sales and license sales, reached € 621.9 million during Q2, thus marking a currency adjusted increase of 4.2% (0.4% in Euro). During the first six months, brand sales rose 6.7% currency adjusted (2.0% in Euro) to € 1,384.0 million. ...

USA : Sewing Extravaganza a major hit

The 10th annual Sewing Extravaganza, organized at the Washington State Community College recently, attracted many sewing aficionados to pick up new tricks of the trade. The event offered technical know-how about the latest techniques and tools available in the sewing world. The ...

USA : Backpack featuring CORDURA fabric wins ＂Gear of The Year＂award

CORDURA fabric, a certified product of INVISTA Performance Materials, is part of yet another award-winning product. Outside Magazine recently named the Granite Gear Nimbus Meridian, which is manufactured with CORDURA throughout the pack's body, as the winner in the backpack ...

USA : Apparel retailer Hot Topic announces $40 mn stock repurchase

Hot Topic Inc announced that its Board of Directors has approved the repurchase of up to $40 million of its Common Stock. The company intends to make repurchases from time to time on the open market at prevailing market prices or in negotiated transactions off the market. The ...

Netherlands : IAF Designer Award in form of Fashion Runway in Taipei

The Taiwan Textile Federation (TTF) takes pleasure in hosting the 23rd IAF World Apparel Convention in Taipei (October 24~26, 2007). This year, the convention will focus on the theme of “Asia: An Emerging Consumer Market from Global Production Base”. There are four sessions to be ...

Saipan : Garment exports continue to slide

Statistics reveal that in the first quarter of 2007 the gross revenue reached US $454.4 million, representing 9.7 percent drop as compared to the same period of 2006. Overall imports fell to 114000 tons in 2007 from 134000 tons in the same period last year. This is largely due to ...

USA : Daily spot quotations - Aug 16

United States Department of Agriculture (USDA) Agricultural Marketing Service (AMS) announces Daily Spot Quotations: Click Daily Spot Quotations to view the complete report. Agricultural Marketing Service (AMS) includes six commodity programs--Cotton, Dairy, Fruit and Vegetable, ...

USA : Cotton export sales report for week ending Aug 9

COTTON USA presents U.S. export sales report for the week ending August 9, 2007: Click here to view the report: COTTON USA is the export promotions program of Cotton Council International (CCI), the overseas market promotion arm of the National Cotton Council of America. COTTON ...

Myanmar : Fire breaks out at Myanmar textile factory

A boiler explosion caused a major fire at a Myanmar textile factory on Wednesday, killing two workers and injuring eight. According to a media report, flames swallowed parts of Friendship garment factory situated in an industrial zone of Yangon. Firefighters battled with the ...

Egypt : El Nasr Clothes & Textiles reports growth in net profit

El Nasr Clothes and Textiles (Kabo) has reported a year-on-year growth of 9.2 percent to earn consolidated profit of 46.5 million Egyptian pounds during the first half of this year. Company's products include under and outerwear for men, women and children, which are made of all ...

UK : Cotton market down due to credit jitters

NY futures came under heavy pressure this week, with December losing 524 points to close at 57.18 cents. Credit market jitters led to a broad based sell-off in the world's financial and commodity markets this week and the cotton market got pulled down with it. Since making an ...

Pakistan : Cotton prices finally start sliding

After persistently leaping higher for past couple of months, cotton prices have finally begun slide. According to Karachi Cotton Association (KCA), while yesterday the prices dropped to Rs2,950, today rates were down to Rs2900 per maund. Prices have been fluctuating unbelievably ...
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industry

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