As rupee hit a life-time low of 60.12 a dollar on Monday, beleaguered garment exporters of Coimbatore-Tirupur region find the continuing currency depreciation as a blessing in disguise for the sector to recover from accumulating losses. However, most exporters are anxious over how long the downward move of Indian rupee will persist. The rupee depreciation has become beneficial to exporters of textiles, leather and automobile components in the state. However, garment manufacturers of Western Ta

India's handicrafts exports grew about 11 per cent year-on-year to USD 178 million in June this year, despite weak demand in western markets like Europe. In June 2012, these exports stood at USD 161 million, according to the data provided by the Export Promotion Council for Handicrafts (EPCH). "There has been an increase in the number of orders from emerging markets like China, Latin America and Africa," an EPCH official said. He said that the US market has started picking up, but the dema

Textile Raw Material Price 2013-07-10 Item Price Unit Fluctuation Date Oil WTI 103.14 USD/Barrel 2.01 2013-07-10 PX 1437 USD/Ton 9 2013-07-10 PTA Buy 7690 RMB/Ton 30 2013-07-10 PTA Sell 1058 USD/Ton 0 2013-07-10 MEG Buy 7310 RMB/Ton 30 2013-07-10 MEG Sell 995 USD/Ton 10 2013-07-10 CPL Buy 18150 RMB/Ton 0 2013-07-10 CPL Sell 2350 USD/Ton

Miu Miu Fall 2013 Ad CampaignPhotography by Inez & Vinoodh for Miu Miu While Burberry was all about romance for Fall 2013, Miuccia Prada’s campaigns for both Prada and Miu Miu veered towards the dark and surreal. Shot by photographer Steven Meisel under the hair-raising light of a cold and ominous casting studio, Prada’s Fall 2013 campaign serves as the perfect setting to showcase the film noir glamour of the fall collection. The campaign’s short film stars 9 models, who play the roles

verybody’s favourite girl next door Taylor Swifthas made good on her effortless style sense with a new collection of Kedssneakers, which she created alongside the classic sneaker brand. Regularly seen in summer dresses paired with runners, the collection is right out of Swift’s own fashion playbook with 17 styles perfect for the fall season. The fall collection, her second for Keds, will include bold prints and pops of colour with the additions of sequins, floral lace, and candy cane patterne

Energy Adviser to the Prime Minister Dr Musadik Malik has assured textile millers of real fight against energy crisis to give them immediate relief. He was responding to the concerns raised by the All Pakistan Textile Mills Association (Aptma) during his visit to the Aptma House.Central Chairman Aptma Ahsan Bashir and Chairman Aptma Punjab Shahzad Ali Khan welcomed the special adviser. Dr Malik admitted that the situation on ground was worst than actually projected through media and assure

Workers of Gia Dinh Textile and Garment Corporation make clothes for export. The nation's textile and garment industry will potentially fulfill the export turnover goal of US$19.5 billion this year. — VNA/VNS Photo Thanh Vu The textiles and garments industry is approaching its US$19.5 billion export target for this year after receiving sufficient orders to meet the goal, according to Le Tien Truong, vice chairman of the Viet Nam National Textile and Garment Group (Vinatex). Viet Nam's tot

Cotton prices in India are expected to continue to rise this week as well on good demand from local millers and yarn exporters amid thin domestic supply, while a fall in the local currency also seen aiding sentiment. Supplies have declined sharply in the domestic market as the season has drawn to a close and farmers are busy in the new planting season with just around 15,000 bales of 170 kg each coming into the market, traders said. "Demand for yarn is very good from European countries and C

Despite criticisms over safety, outbreaks of sometimes violent industrial action and a raise in the minimum wage that it was warned would scare off manufacturers, Cambodia’s garment sector is booming, according to government figures. A report on state newswire Agence Kampuchea Presse (AKP) on Friday said exports of garments and textiles, which make up the bulk of Cambodia’s output in the global economy, were up by almost a third in terms of value in the first six months of this year. AKP cit

U.S. spinning mills have increased their sales of yarn to China almost fivefold this year, taking advantage of voracious demand from the world's largest textile market where clothes makers are struggling to source low-priced cotton. Spying an opportunity to boost profits after being roiled by historically high prices for cotton and a sluggish domestic retail market, U.S. mills, including Frontier Spinning Mills, one of the country's largest, have ramped up sales to China, mills said. Mills i