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  • Spanish fast-fashion brand Zara is making waves in India. As per a recent survey, its average sales per store soared much above other top apparel brands to be at par with the country's largest jewelry chain Tanishq. With annual sales of Rs 405 crores, each of Zara's nine stores in the country on an average made Rs 45 crores last fiscal, over six times more than the country's largest apparel brand Louis Philippe and a tad higher than the country's largest department chain Shoppers Stop. No wonder
  • Mian Ajmal Farooq, Chairman All Pakistan Textile Processing Mills Association (APTPMA) expressed satisfaction over the recent visit of China by Prime Minister of Pakistan, Nawaz Sharif and said that the completion of all MoUs and agreements would open news ways of friendship for both countries. Chinese investment of billions of rupees would come into the country, and help resolve the severe energy crisis and problems of the industry and traders. Because of the energy crisis and other problems
  • Income from exports of jute and jute products again crossed the US$ 1.0-billion mark in the just-out fiscal as new markets did well, official data showed. The exports first hit the billion-dollar mark in 2010-11 financial year (FY). Exporters and officials said earnings from jute and jute goods registered a remarkable growth following increasing demand for natural fibre-made products across the world. Data from the Export Promotion Bureau (EPB) said the country's earnings from the jute and jut
  • The 14th China (Yiwu) International Exhibition on Hosiery, Knitting, Dyeing and Finishing Machinery and the 3rd China (Yiwu) International Exhibition on Automatic Garment Machinery and Sewing Equipment which will take place between the dates of 19-22 November, 2013 concurrently will present new opportunities for participants who want to expand their activities in the field of textile. It is expected that the 3rd China (Yiwu) International Exhibition on Automatic Garment Machinery and Sewing Equi
  • Brazil should import 51,000 tonnes of cotton lint in the 2012-2013 crop, according to estimates from the National Supply Company (Conab, in the Portuguese acronym). The volume is down 69% from the previous projection, issued in May, which was 163,000 tonnes. According to information released by Conab, the exchange rate for imports is not proving advantageous, and Brazilian growers are reverting flexible contracts (which may apply to exports or domestic sales) into domestic consumption. The Con
  • The eurozone crisis and fiscal belt-tightening by European Union (EU) governments are decreasing demand for European textiles and clothing within the EU, according to Textile Outlook International (Issue No. 161), a report from Textiles Intelligence. The latest data show EU textiles and clothing exports to countries outside the European Union increased in value by 6.3 percent, while exports to EU countries fell by 2.3 percent. EU exporters looked to emerging markets for growth, with exports to
  • A Japanese company plans to build a textile complex with units for spinning, weaving and apparel manufacture, said António Alberto, the northern regional delegate of the Mozambican Cotton Institute. The Japanese company Nitura also aims to use 4,000 hectares in the Malema district to produce the cotton needed for the textile complex to operate, Alberto told the Maputo-based daily Notícias. The newspaper reported that company representatives were in Nacala to deal with the respective administ
  • New Zealand Wool Services International Limiteds Marketing Executive, Mr Paul Steel reports that todays North Island wool sale of 6,800 bales saw a clearance of 96 percent.Wool Market Remains Strong . New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that today’s North Island wool sale of 6,800 bales saw a clearance of 96 percent. This high sale rate was achieved even allowing for a gain by the New Zealand dollar of over 1.5 percent while the sale was
  • EDANA, the international association of nonwoven industries, delivered its European annual statistics on nonwoven production and deliveries for 2012, and the news was better than predicted. Overall growth of 2.2 percent occurred, despite friction and crises within the European Union. Total deliveries reached 1.9 million tons, with spunmelt processes accounting for 45 percent and fiber-based materials 55 percent. Within the drylaid category, the leading bonding technologies remain spunlace and
  • Uniqlo Store Facade | Source: Reuters On a bustling Dhaka street full of buyers looking for deals on export rejects and designer fakes, a flight of stairs leads up to an anomaly in a country known for producing international clothing brands – a global high street fashion store. Uniqlo, owned by Japan’s Fast Retailing Co., is opening two stores in Bangladesh, a favourite low-cost sourcing hub for many international retailers but a country where, until now, they have not sold their clothes.
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