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India : Union Budget 2007-2008 - Textile Sector

Union Finance Minister PC has just risen in the Parliament to read his Budget 2007-2008 speech. Fibre2fashion is previleged to bring his announcements and pronouncements on the Budget 2007-2008 live for textile sector. Following are the highlights of P Chidambaram's presentation ...

India : Duty on yarn & woven fabric supply should be reduced

With only one day left to Union Budget 2007-2008, industry people are anticipating what might come out from Chidambaram's briefcase. Rajiv Taneja, MD, Evinix gives his comments exclusively to Fibre2fashion. He expects reduction or abolition in excise duty as fashion accessories ...

Australia : Allow GM cotton in Northern Territory, Kay

Cotton Australia Chief Executive Adam Kay emphasized on 80 percent reduction in consumption of pesticides after introduction of genetically modified cotton in 1996. Since 1999, water use efficiency has reached 67,885 megaliters, an increase of 11 percent. He was also supported by ...

Georgia : Victor Forstmann to close down by next month

Victor Forstmann Inc, which was recognized as a leading designer and manufacturer of apparel and specialty wool fabrics has announced the closure of its facility in East Dublin by the end of next month. Approximately 124 employees will be affected. Giving reason of this closure, ...

INDIA: Fourth edition of INTEX from March 27-29

The Finesse Worldwide Expositions is all set to organise the fourth edition of INTEX Autumn-Winter 07-08, India's premier international apparel Fabrics & Accessories trade fair at the NSE Grounds from March 27-29, 2007. The event is supported by the Confederation of Indian ...

Europe : Style with mismatch shoes?

What, Mismatch shoes? A trend? Yes, of course. Fashionistas across Europe, especially in Italy and Spain are wearing mismatch shoes like one white Converse for one foot and a black-coloured sneaker for the other or a red suede mule and a green patent pump or a boot and a dress ...

AUSTRIA: Lenzing to start carbon fibre production

A joint venture is in the offing between Lenzing GMbH , SGL and Kelheim to produce primary materials for carbon fibres. The factory will be located in Germany at Kelheim property. The deal is not finalised yet. Sources said Lenzing Group is having expansion plans and carbon ...

Malawi : Prices curb cotton production

As per the cotton production estimates, crop has reached 59,043 from 58,553 metric tons over last year, a minor increase of 490 metric tons. Government believes that cotton production in the country is mainly affected by low price in the market. In past few years, cotton has ...

Global group makes takeover bid for Qld Cotton

Queensland Cotton shareholders have been urged to accept a takeover offer by global agricultural group OLAM. The Singapore-based company has offered $4.75 a share for Australia's oldest and largest cotton company. Queensland Cotton chairman John Reynolds says the two-tier offer ...

USA : True to establish 1st foreign office in London to build European BU

To further European growth, True Religion Apparel Inc said it is establishing its first foreign office to be based in London, U.K. The company announced that Kelly Furano, Director of International Sales, will be relocating from Los Angeles to London to work with distributors and ...

Vietnam : USA-ITA misread interim export license, An

US garment importers have misread interim decision to implement licensing mechanism that will control garment exports, Chairman of Vietnam Textile and Apparel Association Le Quoc An said. This was the reaction after US Association of Importers of Textiles and Apparel (USA-ITA) ...

India : Size chart for Indians developed

A rationalised and standard-size chart for Indian consumers, based on Indian body build, may soon be made available to Indian apparel industry. Indian Institute of Technology Delhi (IITD) has completed a project undertaken on garment sizing for Indian body size by developing ...

CBP Reinforce Penalties for Violation of the Wood Packaging Import Regulations

According to Attorney Mr. Xinyu Lee in SSSPO (Stein Shostak Shostak Pollack & O'Hara, LLP) Shanghai branch who is specialized in U.S. Customs laws, U.S. Customs and Border Protection (CBP) issued claims for liquidated damages and/or penalties against importers, carriers or bonded ...

Gore-Tex maker tops workplace survey again

WL GORE & Associates, the Scottish textiles company famous for its outdoor clothing, has claimed top spot for the fourth year running in a survey of the best companies to work for in the UK. WL Gore & Associates, the firm that invented Gore-Tex, whose UK headquarters are in ...

Pakistan : Breather in germination standards of cotton seed

Government revealed recently that a one-time relaxation in germination standards of cotton seed will be provided for the next Kharif crop. Punjab Seed Corporation and Federal Seed Certification Department (FSCD) had proposed this move and after careful analysis Government ...

Electronics, garments to drive exports

Electronics will continue to drive the export sector this year, while garments will also help, Trade Development Council assistant chief economist Daniel Poon said. "As in the past few years, electronics will drive our exports this year and in coming years because of the ...

Wal-Mart Phasing Out Fabrics Departments

ROGERS --Wal-Mart is unraveling its fabrics departments, at least at some stores. An employee at the Wal-Mart Supercenter at Pleasant Crossing in Rogers said fabric items still were in the store Tuesday. However, she said she had been told to mark down all fabric items to 50 ...

Women describe working conditions at textile plant

NEW BEDFORD, Mass. The emergency door at the back was always locked, said Norma Urbina, a worker at the Michael Bianco Inc. textiles company. If workers wiped their hands with toilet paper, owner Francesco Insolia fined them $20, she said. If they stayed too long in the bathroom, ...

Indian Textiles Sector Supports Capital Raising Plans ahead of Expiration of TUF

Textiles sector is giving support to their capital raising plans ahead of expiration of government sponsored Technology Upgradation Fund (TUF) in March 2007; Fasiha Shaikh, textile analyst, Angel Broking, said here on February 25. Six textile companies have mobilised over Rs 400 ...

Vietnam : New apparel market & trade centre to replace Soai Kinh Lam

HCMC Volunteer Youth Investment & Construction Company (CINCO) performed ground breaking ceremony of their project to construct a 37-storey building which will house a trade center, wholesale apparel market and flats. About VND840 billion (US $52.5 million) will be invested in ...
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