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  • American Apparel announced it preliminary sales for the month ended June 30, 2013 with total net sales of 55.9 million dollars, an increase of 7 percent over June 2012. Comparable sales for June 2013 increased 7 percent, including a 5 percent increase in comparable store sales in the retail store channel and a 22 percent increase in net sales in the online channel. Wholesale net sales increased 16 percent for the month. For the quarter ended June 30, 2013, total net sales increased 9 percent to
  • This September Topman and Topshop will launch into Germany within department store Karstadt, with a similar ‘shop-in-shop’ partnership that it has with Nordstrom in America. The British fashion retailers will open within Karstadt’s premium stores KaDeWe Berlin and Oberpollinger Munich, as well as at the Karstadt flagships in Düsseldorf and Hamburg. Each department store will house two 150 square metre ‘shop-in-shop’ concepts for Topshop and Topman offering a wide range of both brands collections
  • In the US pricing for paraxylene (PX), a major polyester feedstock, has declined modestly since mid-February, mimicking crude oil prices, according to Great American Group analysts. Similar to cotton, Asian markets largely determine pricing on the world scale. As a result, low demand from the Far East has resulted in price declines. However, information gathered by the Textiles and Apparel Monitor, has revealed that many traders do not foresee prices continuing on a downward trajectory, wi
  • The egotistical attitude adopted by the government with regard to the GSP plus concession has had a devastating effect on the local garment industry – once a thriving export earning sector. According to those engaged in the industry, today only about 25% of the garment manufacturers are there in comparison to the year 2000. Despite the government’s claims that the loss of GSP+ would not affect the garment industry, many factories have been forced to close down, while thousands of employees ha
  • Dhaka, July 6 (UNB) – Despite the increase in the prices of raw jute as well as the manufacturing cost of jute yarns in the fiscal 2012-13, the country’s yarn exporters are facing losses as the international prices keep falling due to unrest in the Middle East and the Eurozone crisis. Although the total earnings from jute yarn export is expected to stand higher in the fiscal 2012-13, compared to the earning of its preceding fiscal, the price per unit has been in the downtrend over the same pe
  • Japan is gearing up to make Burma the new sweatshop of Asia, said a report by The Economist citing the case of Famoso Clothing, which is closing its factories in China and moving operations to Rangoon. Famoso is part of Daiei Ready Made Clothes Corporation, based in the Japanese city of Nagoya, and makes men’s suits for the Japanese market and others. Until recently, most of its production was at three factories in China, where it employed thousands of workers. “Three years ago two of t
  • Some foreign countries such as China, Hong Kong , French, Singapore and Japan will operate garment industry including rice and other agricultural with Cutting, Making and Packing(CMP) system in Myanmar, according to Foreign Investment Law. A Chinese companies such as Jiangsu Solamoda Garments Group Co;Ltd and Dong Fang Star Garment Factory Ltd will carry out the garment industries with CMP system at Shwe Than Lwin industrial zone in Hlaingthayar Township and Halingthayar industrial zone-1.
  • knitwear exports Textile exporters face problems in fulfilling their orders due to the lack of power supply. The exporters said that a few months ago the textile sector received huge orders from China and other Far Eastern countries. “Now all the value-added sectors, particularly apparel sector received heavy orders,” said Adil Butt, chairman of the Pakistan Hosiery Manufacturers Association (PHMA). The knitwear exports in May increased by 25.5 percent in quantity over the exports made durin
  • Desi cotton varieties are likely to open up a huge export market of surgical cotton, giving a remunerative alternative to cotton farmers from rain-fed areas like Vidarbha. India is the only country that grows desi cotton varieties highly suitable for surgical cotton. The project of high-density cotton cultivation using desi varieties, being implemented by the Central Institute of Cotton Research , has been extended to 37 rain-fed districts this year after being implemented in 8 districts of Vi
  • The textiles ministry has finalised an area expansion plan proposed by the Central Silk Board (CSB) in an effort to increase the production of silk in the 12th five-year Plan. The CSB has planned to bring additional 59,000 hectares (ha) under cultivation of mulberry silk in both traditional and non-traditional areas. “We have set a target of increasing the silk production to 32,000 tonnes by the end of the 12th Plan period and this requires additional area. Over a period of four years, we have
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