CEO Hariolf Kottmann: “Given the further deterioration of the global economy, in which slower emerging markets growth could not offset anymore a weakening in Europe, Clariant achieved a solid performance in the last three months. This was driven by a stable development of most core businesses, manifesting the consequent execution of our profitable growth strategy. Although the short-term economic challenges are expected to persist, Clariant’s mid-term guidance until 2015 remains intact.” Thir

Low cotton output has been reported in India this year, which may lead to affecting the supplies in the international market, said senior member of Pakistan Cotton Ginners Association (PCGA) on Tuesday. The statistics issued by the Cotton Corporation of India on October 28, revealed that total domestic cotton production has declined to 869,000 bales, which are 33 percent less than the production of last year. According to the report, most loss in cotton production has been faced by states of G

Louise Young Despite poor performance on the high street this summer, 86% of UK retailers are either optimistic about or undaunted by Christmas trading prospects this year and 85% see strong or steady company growth levels in 2013. This was revealed by Louise Young - Divisional Director at Autumn Fair International which conducted an online survey of close to 1,000 UK retailers. Autumn Fair, organised by i2i Events Group, is one of the largest retail trade exhibitions in the UK, second only

“Kyrgyzstan’s industry lost cotton production and engineering industry,” deputy Minister of Energy and Industry Saparbek Asanov stated at today’s session of ministry’s board. According to him, in 1991 the republic numbered 610 companies, 550 of which were privatized later. “215 enterprises operate in food industry, 150 - in processing, 57- in light industry. Sugar and meat production, coal mining were reduced for the years of independence. Cotton and engineering industries were lost. But garme

Sustainable Business Network, in association with Waterfront Auckland, Element magazine and greenideas is going to organize The Sustainable City Showcase. The event will take place at The Cloud, Queen's Wharf, Auckland from 22-24 November 2012. New Zealand's first Ethical Fashion Show will take place during the event on November 23rd. It will bust through the 'hemp & sandals' barrier, integrating every day solutions such as household products from eco store and products for kids fro

The retail sales of apparels in Japan decreased by 2.2 percent year-on-year to 147,139 million yen in September 2012, according to the Japan Department Stores Association, which compiles data from 249 stores owned by 86 companies. The dip in apparel sales was more than the overall decline of 0.2 percent year-on-year witnessed by the stores during the month. The decrease in garment retail sales during the month is attributed to the extension of hot climate, which negatively impacted the sal

The beautiful Bollywood actress Soha Ali Khan has unveiled the latest festive collection of the Indian multi-designer store Hue. Draped in a regal magenta coloured Sejol Kanoi saree, Soha appeared for the launch of the store’s new prêt line, which has been designed by the popular Indian celebrity designer and stylist Surily Goel. Surily’s gorgeous heavily embellished ethnic range features a variety of anarkalis, embroidered churidar kurtas, lehengas and sarees. The Bombay-based high-fas

Nonpayment by an Indian importer is taking toll on the country's apparel export to that market creating panic among the exporters, industry people said. Apparel export earning, especially from the knit products, fell drastically during the first quarter of the current fiscal year (2012-13) which manufacturers and exporters mainly attributed to the nonpayment issue by the Indian importer. They said local exporters are gradually losing their interest in doing business with the Indian importers

A one of a kind exhibition displaying the exotic outfits worn by Her Majesty Queen Elizabeth II during her sixty-year-long reign is going to take place at London’s Fashion and Textiles Museum from November 16 to February 23, 2013. Titled as 'Hartnell to Amies: Couture by Royal Appointment’, the special event would exhibit nearly 150 dresses, such as ball gowns, cocktail dresses and ready-to-wear outfits, designed by the famous royal couturiers Sir Norman Bishop Hartnell and Sir Edwin Hardy Am

Hugo Boss, international lifestyle concern and world market leader in the premium and luxury segment has commissioned Knapp with the automatization of its new distribution centre in Filderstadt bei Stuttgart. With 400,000 storage locations, the OSR Shuttle is the world's largest system of its kind. Hugo Boss is investing almost 100 million euros in the entire project, located near the Stuttgart airport. The OSR Shuttle selected by Hugo Boss offers the required flexibility to react to fut