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UAE : UAE acquires 30% share of Middle East jewelry trade

Jewelry market of UAE is worth $6.13 billion. The region represents 14 percent of the global jewellery market of $146 billion. Saudi Arabia accounts for 45 percent of the $20.5 billion Middle East jewellery trade, while the UAE has a 30 percent share. Tawfiq Abdullah, Chairman, ...

USA : Home furnisher Ethan Allen releases Q3 sales & earnings results

Leading manufacturer and retailer of quality home furnishings Ethan Allen Interiors Inc reported sales and earnings for the three and nine months ended March 31, 2007. Three Month Results: Net delivered sales for the quarter ended March 31, 2007 amounted to $246.5 million as ...

Fiji : MRO successfully establish relation with local jewelers

Metals Refining Operations (MRO) Limited, from Papua New Guinea, has organized an exhibition of gold and silver jewellery at Nadi, the third-largest town in Fiji on Saturday, April 21. MRO is a precious metal processor and refiner of gold, silver, and other metals showcased its ...

Australia : Indonesian batik show in Canberra

Celebrated Indonesian fashion designer Adji Notonegoro is all set to participate at the batik fashion show to be held on May 4 at Canberra`s Playhouse. This event is together organized by Indonesian Embassy and the Indonesian community in Canberra and will be supported by Garuda ...

New Zealand : Sports Resources fined for breaching Fair Trading Act

Sports Resources Ltd was fined $23,750 in the Auckland District Court today after pleading guilty to two charges of breaching the Fair Trading Act. Company Director Anthony Botica was also convicted and discharged. Mr Botica instructed his staff to cut off the words "Made in ...

Italy : Jewellery, eyewear & accessories sale up at Giorgio Armani

YEAR 2006 HIGHLIGHTS: Wholesale revenues increased + 11% to Euro 2 billion following strong growth across all geographic areas, product lines and lifestyle brands: •Rest of the World +21%; Europe +11%; North America +10%; Far East +9% • Jewellery +41%; Eyewear +20%; Watches +17%; ...

USA : Nordstrom launches 'Fashion Rewards'

Nordstrom Inc a leading fashion specialty retailer, is enhancing its loyalty program. The new program, called Nordstrom Fashion Rewards, will incorporate the company's current points system while adding more benefits for shopping at Nordstrom based on customers' spending levels ...

Japan : Increasing demand for flame-retardant products

“Inquiries for rayon staple used for flame-retardant bed mattresses for shipment to the US have been brisk since the second half of the fiscal year ending in March 2007”, says Yoshitsugu Hirata, Executive Director, Daiwabo Rayon Co Ltd. In the US, the enforcement of laws to ...

Germany : Wacker showcases new heat-resistant silicone coating for textilies

WACKER will be showcasing a novel liquid silicone rubber for the heat-resistant coating of industrial textiles at Techtextil2007, taking place in Frankfurt from June 12 to 14. Even a very thin film of the new, solvent-free material is enough to produce an Marketed as ELASTOSIL@ ...

Pakistan : Textile designer displays array of natural-dyed fabrics

Unique exhibition by textile designer Noorejahan Bilgrami concluded on Monday at the Croweaters Gallery, Lahore. On display were wide range of exquisite naturally dyed and handloom fabrics. These creations got their hues from the extracts of henna, pomegranate rinds, neem, acacia ...

Korea : De Beers opens jewelry boutique for locals

De Beers, world's largest diamond producing company, has launched a boutique in Korea last week amidst a lavish presentation of models fully adorned with ornaments. With this, Korea became the seventh country to have a De Beers boutique. The company is aware of Asian customer’s ...

UK : "Think Climate - Wash at 30 C"on M&S garment care labels

Marks & Spencer will encourage its customers to help reduce their impact on the environment by lowering their washing temperature to 30°C, saving around 40% energy per wash. Independent tests(i) also show that around 70% of M&S clothes(ii) can be effectively washed at 30°C, ...

Spain : Satisfaction among exhibitors at 12th edition of TEXTILMODA

TEXTILMODA, the International Textile Fashion Show, concluded its twelfth edition in the midst of a buoyant and optimistic trade climate. This edition, which took place between 28th February and 2nd March, was characterised by the fact that it took place within a highly ...

South Africa : Textile companies need to learn law lessons

According to a statement of Labour Department spokesperson, KwaZulu-Natal Textile Company failed to meet standards set under the Employment Equity Act. For non-compliance of act, the company has to pay around R3,00,000 by month end. Purpose of this act is to create an atmosphere ...

Nigeria : Govt grants added N80 bn to textile industry

Federal Government has decided to provide a grant of N80 billion for the textile manufacturers and farmers, in addition to the already approved N50 billion fund. This amount has been granted to solve the problems like illegal trading and fake brand products that have plagued ...

India : Abhishek bags 'Wal-mart International Supplier of the Year Award'

Abhishek Industries Limited (AIL) has won ‘Wal*Mart International Supplier of the Year Award’ for the year 2006. The award was presented by Wal*Mart , world’s largest retailer in an event held at Shenzhen, China. The recognition conferred upon the Company is attributable to ...

Pakistan Textiles likely to Miss $11.5b Exports Target

In the prevailing circumstances of sluggish trend in the export growth, the trade managers are considering it hard to touch US$ 11.5 billion export target for textile group by June 30 this year, market sources said on Tuesday. Commenting on the export performance of the textile ...

Textile Group will Open Four Offshore Plants

International Textile Group Inc. said it plans to open four manufacturing plants offshore by early 2008. The company, based in Greensboro, makes automotive safety textiles, denim and other apparel fabrics, government uniforms, and products for technical and specialty-textile ...

Australia offers AUD500,000 to the WTO training programme for the benefit of poorer countries

Australia’s overall DDAGTF contribution has now reached CHF2.7 million This donation will finance technical assistance programmes and training activities for developing and least developed countries as well as economies in transition. The aim is to better adapt their practices ...

USA : Swim'n Sport focuses on high-end market

Swim 'n Sport is one of the leading retailers in beach-wear catering to women of older age-groups. Company recently added three new outlets to extend its chain to 36 stores. Sources inform that the retailer hopes to have over 40 stores by next summer and raise it to 50 by 2009. ...
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china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
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China's reform leading group holds first meeting
China's reform leading group holds first meeting
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Bill Gates talks nuclear
Bill Gates talks nuclear
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world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
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China cuts retail oil prices
China cuts retail oil prices
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IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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Retailer's Net Profit Falls 3%
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industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
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Stars 'Big Three' fall short of title in 1st year
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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