Print show InPrint USA 2019 opens exhibit space sales

2017/12 15 03:12

Courtesy: InPrint USA InPrint USA, the industrial print show, has opened exhibit space sales for its second edition to be held in Louisville, Kentucky, from April 9 to 11, 2019. The show in Kentucky will be closer to the Midwest and Eastern regions with easier access for attendees. InPrint USA is organised by Mack Brooks […]

CMAI hails review of FTP as ‘progressive package’

2017/12 15 03:12

The Clothing Manufacturers' Association of India (CMAI) has hailed the mid-term review of the Foreign Trade Policy announced by the Central Government earlier this month as a ‘progressive package’ to address several issues relating to policy as well as procedures. CMAI said that the measures included in the mid-term review will be of great help. […]

Inditex sales climb 10% to €17.96 billion in 9 months

2017/12 15 03:12

Courtesy: Inditex The net sales of Spanish apparel marketer Inditex Group have risen 10 per cent in the first nine months of fiscal 2017 that ended on October 31, 2017, as against the growth of 11 per cent in the same period prior year. For the reported period, the company's net profit has been recorded […]

Restore MEIS & IES benefits for cotton yarn: CITI to govt

2017/12 15 03:12

The Confederation of Indian Textile Industry (CITI) has urged the Central government to immediately restore Merchandise Exports from India Scheme (MEIS) and Interest Equalisation Scheme (IES) benefits for cotton yarn. During April-September 2017, India’s cotton yarn exports fell 10 per cent to 464 million kg from 517 million kg during same period in 2016. Indian […]

VF Corporation introduces new sustainability strategy

2017/12 15 03:12

Courtesy: VF Corporation VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, has announced the introduction of its new global sustainability and responsibility strategy, Made for Change. It outlines VF’s aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain and communities. Among the new goals […]

Egypt’s HTEC wants exporters included in CBE’s SME support

2017/12 15 03:12

Egypt’s Home Textiles Export Council (HTEC) has demanded a mechanism to enable exporters of home textiles to benefit from the Central Bank of Egypt’s (CBE) initiative of facilitating funds for the industrial sector. President Abdel Fatah al-Sisi had earlier announced injection of LE 200 billion to support small and medium enterprises (SMEs). HTEC head Said […]

India’s WPI inflation for textiles up 0.3% in Nov 2017

2017/12 15 03:12

India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.93 per cent for the month of November 2017 over same month of last year. The index for ‘Manufacturing of Textiles’ group rose by 0.3 per cent to 113.5. The index for ‘Manufacturing of Wearing Apparel’ group also rose by 0.3 […]

Cambodia’s economic growth to remain strong in 2017 & 2018

2017/12 15 03:12

Cambodia’s economy is expected to grow at 6.9 per cent and 6.8 per cent in 2017 and 2018, respectively, supported by tourism and construction activities amid a slowdown in the garment sector. But structural reforms and a rebalancing of the budget to capital expenditure is critical in the medium term to sustain its growth, says […]

Clothing prices rise 3% in November in UK market

2017/12 15 03:12

As post-Brexit referendum currency adjustment continues, prices of clothing items increased by 3 per cent in November 2017, compared to 0.9 per cent last year, according to the Consumer Price Inflation figures released by the Office for National Statistics (ONS), recognised as UK’s national statistical institute. Overall inflation too edged up 3.1 per cent. The […]

Archroma’s Colour Atlas making strategic partnerships

2017/12 15 03:12

Courtesy: Archroma It has not been even two years since the launch of its Colour Atlas, and Archroma has formed strategic partnerships with some best known international trend forecasters, influencers and educators in fashion and home décor space. Archroma, a global leader in colour and specialty chemicals, has pioneered custom colour engineering in textile and […]

Chinese firm sets up textile-garment chain in Vietnam

2017/12 15 03:12

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to expand investment in Vietnam as it has established a garment-textile production chain there. The knitwear-manufacturing company operationalised the chain’s last project worth $310 million at Dong Nam (Socuth East) industrial park in Cu Chi district, Ho Chi Minh City, last week. This is […]