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South Africa: Textile Tariff Plan a Boost for Factories

THE trade and industry department's plan to cut tariffs on key inputs into strategic industrial sectors has got under way in earnest, with its International Trade Administration Commission (Itac) announcing the review of tariffs on textiles, which should help lower costs for SA's ...

UK: Burberry boosted by trench coats

Burberry Group Plc, the British luxury-goods maker whose founder created gabardine fabric, said first-half profit rose 32 percent on higher sales of trench coats and the introduction of metal-studded Knight handbags. Net income climbed to 66.1 million pounds ($137 million), or 14...

USA: Sun Capital considering hostile bid for Kellwood

(Reuters) - Sun Capital Securities Group LLC said it would make a hostile bid for Kellwood Co (KWD.N), after its $544 million offer was rejected by the apparel maker known for its Baby Phat and Hollywould brands. The private equity firm, which is the largest shareholder of ...

Japan : Kao HSS helps in skin color determination

Kao Biological Science Laboratories, a subsidiary of Kao Corporation (president and CEO: Motoki Ozaki), working with the University of Cincinnati and Cincinnati Children’s Hospital Research Foundation, both of Ohio, USA, has discovered that the keratinocytes, one of the cell ...

Canada : Kootenay as 2010 Olympic & Paralympic Winter official licensee

Kootenay Knitting Company is pleased to announce that we have been selected as an Official Licensee by the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games for Apparel and Headwear; knitted sweaters, vests, scarves, and matching toques. The Kootenay ...

UK : Intertek buys out Plastics Technology

Intertek, the leading international provider of quality and safety services to a wide range of global and local industries, announces that it has acquired Plastics Technology Laboratories, Inc. (PTLI), in Pittsfield, MA, USA. PTLI is a leader in polymer testing, providing ...

Australia : Fashion set do know lot about major brands - Ms Longhi

Andreina Longhi, director of Italian communications agency, Attila and Co, a company which specialises in fashion, beauty and design luxury business addressed more than 200 woolgrowers at the AWI Wool Unlimited forum in Geelong. Ms Longhi says Merino wool is “an experience” and ...

India : Relief package for distressed exporters

A new incentive package is being readied for exporters and especially for employment generating sectors like leather, handicraft and textiles. Authentic sources confirm that the package will be placed before the Cabinet committee on economic affairs (CCEA) next week. In order to ...

USA : Genesco Chairman & CEO responds to UBS counterclaim

Hal N. Pennington, Chairman and Chief Executive Officer of Genesco Inc responded to the filing of a counterclaim by UBS against Genesco. "For 46 years, I have been privileged to work with a wonderful group of people, in a business that I love, for the benefit of our shareholders. ...

USA : Heavy mill buying continues to exist within 61-62 cent

New York cotton futures limped through their Thursday's close hanging to their technical supported by little more than hope as December traded below its 62 cent long term support. However, the December contract has all but given way to the March contract as the nearby month. Thus...

USA : Oregon-based Nike increases quarterly dividend 24%

The Board of Directors of NIKE Inc has declared a quarterly cash dividend of twenty three cents ($0.23) per share on the company’s outstanding Class A and Class B Common Stock. The 23-cent quarterly dividend, which is payable January 2, 2008 to shareholders of record at the close ...

USA : Textile mills take extended holiday time off

Cotton tried to bounce early with the dollar under pressure and rising oil prices overnight, but failed under the heavy pressure from December liquidation. December open interest fell to 36,000 contracts as we now have three days next week before FND. The urgency to get out of ...

UK : New furniture test facility benefits customers

A new 8,000 sq ft, fully-conditioned furniture and floorcoverings laboratory has been created at SATRA, making the technology centre the largest furniture and floorcoverings testing facility in the UK, with the largest corporate UKAS scope in Europe. Housed in SATRA’s new Wyndham ...

USA : JOSB plans of Black Friday Doorbusters on Luxury Cashmere

JoS. A. Bank Clothiers Inc (JOSB) announces its plan for this year's Black Friday Doorbusters. The annual Black Friday Doorbuster event will be held for six hours only on Friday, November 23 from 7:00 a.m. to 1:00 p.m. in its more than 400 full-line stores nationwide. In addition...

USA : Reichhold to raise Unsaturated Polyester & Vinyl Ester Resins prices

Reichhold Inc announced price increases of $ 0.05 per pound on all unsaturated polyester and vinyl ester resins sold in North America for the composites industry. This increase is effective for all orders shipped on or after December 17. “Escalating crude oil prices have driven ...

India : NGO organizes handicraft mela to uplift downtrodden

Anand Bazar, a Handicraft Mela organized by Baroda Shakti was held at Bandra-Kurla Complex in Mumbai. Baroda Shakti is essentially an NGO administered by the wives of Executives of Bank of Baroda and the handicraft fair was arranged to promote products created by the NGOs. These ...

France : JEC Composites show to be held in Paris from April 1

The JEC Composites Show will be held in Paris/France, from April 1-3, 2008. Manufacturing will be the central subject of the 2008 Show, which will feature all the current processes. There will be a special focus on the least expensive and most flexible techniques. Cost optimizati...

Pakistan : Cotton prices soar high

According to Karachi Cotton Association (KCA) cotton prices are continuously climbing and agitated downstream manufacturers are aggressively seeking Government help. Early November, cotton prices stood around Rs3050 per maund. However, on November 19 the rates in the market ...

India : Handicraft & carpet export rise - Ministry of Textiles

The Minister of State for Textiles, Shri E.V.K.S. Elangovan, informed the Lok Sabha, in a written reply to a question by Smt. Nivedita Mane & Shri Rasheed Masood that the demand of both handicraft and Indian carpet has been increasing during the last three years. The exports ...

Pakistan : Cotton trade with India harvests positive economic relations

Textile mills in Pakistan have signed a contract for importing nearly 0.7 million bales of cotton from India. This step was taken as a measure to overcome cotton deficit in domestic production. Pakistan textile industry needs to import nearly four million bales and so far it has ...
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china

Xi Jinping to lead national security commission
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China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
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
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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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industry

sports

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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