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  • The country's apparel sector is likely to face another blow as the manufacturers expressed their fear that Indonesia could be a threat to them following the rush of the buyers there, industry people said. They said a large number of buyers are now thinking of bringing about a change to their sourcing strategy following frequent accidents and continuous unrest in garment units and political turmoil across Bangladesh in recent times. They expressed their fear of the buyers' diverting the orders
  • Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with an unapproved sub-supplier at the Hong Kong-owned Top World garment factory, H&M spokeswoman Anna Eriksson said today in an e-mailed response to questions. She said H&M has no busin
  • Indonesia’s textile sector needs to work on its efficiency to compete with the textile industries of other ASEAN countries, Ramon Bangun, director of textile and miscellaneous industries, at the Ministry of Industry of Indonesia, has said. Unlike other ASEAN countries like Vietnam, Myanmar, Cambodia, and Laos PDR, Indonesia has not entered a trade agreement which allows a special duty to export textile products to Europe and the US. As a result of which, the Indonesian textile industry la
  • Thousands of workers went on strike at the Taiwanese-owned Can Sport Shoes factory on Wednesday for second day in a row to demand better working conditions. Thousands of workers went on strike at the Taiwanese-owned Can Sport Shoes factory on Wednesday for second day in a row to demand better working conditions. The factory which is located along National Road Five, in the village of Chamkar Svay in the Sethey commune of the Samaky Meanchey district manufactures sport shoes. A representat
  • Burberry has announced preliminary results for the year ended March 31, 2013. Revenue was up 8 percent. Adjusted profit before tax was up 14 percent. Reported profit before tax was down 4 percent. Adjusted diluted earnings per share were up 14 percent. Full year dividend was up 16 percent. Angela Ahrendts, Chief Executive Officer, commented: "Finishing the year with a strong retail performance, both online and offline, Burberry achieved record revenue and profit in 2012/13. With the integration
  • At first glance, the Australian Federal Budget has brought a little good and a little bad news for the country’s cotton growers. While agriculture in general has been spared from major cuts in the Budget, the Government has also moved funds within agriculture and other portfolios. However, the National Farmers Federation (NFF) - of which Cotton Australia is a member - has expressed disappointment that the Budget did not do more to demonstrate a vision for Australian farming. Duncan Frase
  • Despite some anecdotal evidence of a slower pace of purchasing by Chinese buyers, Indian cotton yarn exports during April were the second highest on record, falling just short of the 117,140 tonnes registered in January. Sales registered in April were 31% above the previous month and no less than 85% higher than the year earlier figure. Source: Wtin.
  • All Pakistan Textile Mills Association (APTMA) Chairman Ahsan Bashir has expressed concern over the prevailing energy crisis and its adverse effect on the textile industry. Bashir said various textile mills are being exposed to 16-18 hours of power disruptions on a daily basis despite an exemption in place around the same time last year to curtail outages to the textile industry on independent feeders. “The non-availability of gas and electricity is causing an adverse impact on the i
  • Indonesia, one of the leading textile and apparel platforms in the Southeast Asian region, could become the new destination for the global apparel buyers after China, mainly due to low production cost and availability of cheap labor. According to the industry experts of Indonesia, several international clothing manufacturers are investing in the country and it will become the global source for textiles and garments after China. Speaking to fibre2fashion, president director of PT Rejeki Ism
  • Farmers and ginners have agreed on a minimum cotton producer price of US$35 cents per kilogramme, far way below than what cotton growers expected. Most cotton growers expected a minimum price of US$0.70 cents and upwards, an increase from last season's price of US$0.30 cents per kilogramme. The price was agreed on by the joint president council which comprised of farmers unions presidents and directors and ginners. Announcing the prices in Harare today, the joint presidents' council spokesma
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