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  • American brand Tommy Hilfiger has entered into a licensing agreement with French firm Descamps delegating the later to expand, manufacture and sell its home textiles collection in the Middle East, Europe and Africa. The line, comprising products ranging from towels, beddings, duvets to bed throws and decorative cushions, would be made available in home decor outlets, departmental stores and on some e-commerce sites from spring 2014 onwards. Tommy Hilfiger has continued to witness growth in
  • Weavers in this region were selling the silk products without any profit, facing a loss of Rs 150 to Rs 200 per saree. Handloom weavers have decided to intensify their stir, which began yesterday, demanding abolition of import duty on silk, which was increased from 5 per cent to 15 per cent in the recent budget. Accordingly, they would go on a fast at nine major handloom centres in five districts of the region, Rajesh, Convenor, Handloom Silk, Yarn Saree Weavers and Traders Association s
  • Workers at a garment factory in Kandal province in March. Vireak Mai GARMENT and footwear workers across the country will be paid a minimum wage of $75 per month – an increase of $14 – beginning in May, according to a document released by the Ministry of Social Affairs this morning. “The minimum wage will be changed on May 1 and the workers will receive it at the end of May or early in June,” the statement, signed by Minister of Social Affairs Ith Sam Heng, says. The documents add that the
  • The value of Botswana's textile exports fell by two thirds to P609.6 million last year, as market access and operational constraints deepened in the ailing sector. Bank of Botswana figures released recently indicate that in 2012, textile exports averaged P152.4 million per quarter, swinging from a high of P330.4 million between January and March to a low of P79.3 million in the second quarter. By comparison, 2011 textile exports powered home at P1.8 billion, averaging P454.4 million per quart
  • A boy separates starched sarees left to dry on the roof of a cotton factory in the southern Indian city of Hyderabad in a file photo.(KRISHNENDU HALDER/REUTERS) India will sell cotton to local buyers from government stockpiles, joining China as the world's top two consumers try to cushion domestic textile mills against soaring costs. The sales by China and India, also the two leading producers, should ease tight supplies and help cool global prices that have soared 20 percent this year on s
  • The All Pakistan Textile Mills Association has said that textile industry in Pakistan is ready to invest $1 billion in Balancing, Modernization and Replacement (BMR) of the units and looking for various options of importing machinery ahead, as textile operators continue to remain engaged in revamping and modernisation of their manufacturing units. Chairman APTMA Ahsan Bashir and Chairman APTMA Punjab Shahzad Ali Khan were talking to a delegation of top people of Shanghai Ring Frame Maker, duri
  • New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the combined North and South Island Wool auction this week comprising approximately 22,600 bales was affected by the firmer dollar easing some sector’s, as well as a higher weekly supply. Some areas still came under solid demand and overrode these factors managing to remain firm and in some cases lift slightly, particularly the finer and better styled wools. There was a 90 percent clearance. The weig
  • China National Petroleum Corporation (CNPC) is due to start commercial production of crude oil in Afghanistan shortly, heralding a resource boom that could transform the country’s economy over the next decade. Afghan mines minister Wahidullah Shahrani quoted by The Wall Street Journal said, extraction of metals and oil could account for 45% of Afghanistan’s gross domestic product by 2024. Wahidullah Shahrani on Wednesday met with the potential investors during a conference on the margins of
  • China is unlikely to hike its duty on yarn imports, because the country's commitments under the WTO and bilateral agreements make it tough to do so, an industry official said on Thursday. China's aggressive cotton stockpiling policy has pushed up domestic prices, forcing the world's largest textile industry to boost imports of yarn by as much as a third in 2013, while production moves to southeast Asia, drawn by lower costs. "According to my understanding it is impossible to increase dutie
  • Debbie Wingham attracted worldwide media coverage and was the talk of Hollywood, with the launch of the world’s most expensive black diamond dress and subsequent World Tour. This year is set to be even more ground breaking. Debbie has been busy creating a new range for UAE and she has chosen her favourite city Dubai to launch the collection along with her latest master piece the world’s most expensive Red Diamond Abaya. This master piece was born out of Debbie’s love and affinity with D
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