Valentino heads to the basketball court for its resort 2018 campaign. Photographed on location at St. Vartan Park in New York City, the images star models Faretta, Jolie Alien, Selena Forrest, Imari Karanja, Ratner, Mag Cysewska as well as track and field athlete Tori Bowie. Terry Richardson captures the group in resort's athletic inspired looks including reworked track jackets and hooded sweatshirts. This marks a different direction for the Italian fashion house which also unveils a new logo in

Pakistan’s Federal Board of Revenue (FBR) has reduced the sales tax rate on imported finished goods of textile and leather sectors to six per cent from the earlier 17 per cent. The new tax rate would be applicable only if the products are for consumption in the domestic market and are ready-to-use by the general public, FBR said in a notification. FBR’s SRO 1070(I)/2017 amends its earlier notification number SRO 1125(I)/2011 dated December 31, 2011. Source: Fibre2fashion.

Iluna Group, a leader in responsible innovations for beachwear and innerwear, will showcase its range of contemporary resort and swimwear at the 25th edition of MarediModa, European beachwear fabrics and accessories expo, in Cannes. In a collaborative synergy with Roica premium stretch brand, the company will present their range of most advanced innovations. The three-day exhibition will kick-off from November 7. In the beachwear collection, Iluna will present a full range of matching saro

Many Vietnamese domestic manufacturers are currently modernising and extending their plants and are now looking for new applications. Karl Mayer, a leading manufacturer of warp knitting machines, is assisting Vietnamese companies with the installation of more up-to-date machines and equipment in the warp knitting sector. The company has detected this increasing demand from the state of its order books. Rainer Müller, the Sales Director for Asia said that a great deal of money is being investe

The global yarn production has improved in the second quarter of 2017, according to the International Textile Manufacturers Federation (ITMF). It increased in Asia, Europe, and Brazil and slightly declined in the USA. The combined effect brings the global yarn production to a level slightly higher than it was in the same period of 2016. Global fabric production increased as well. The output in Asia, Africa, and Brazil improved while it was stable in the USA and Europe. The apparent stability

Armenia’s textile and apparel industry is one of the 11 strategic export-oriented sectors yet the small and medium-sized enterprises (SMEs) in the sector operate far below capacities and their products lack competitiveness in regional and international markets. The Armenian government considers the revival of the sector as a priority and as a means to create jobs, boost value-added trade and expand exports as there is a great potential for development. The European Union’s EU4Business init

Trillions Enterprise, an investor from Brunei, which has a dyeing and weaving factory in Tan Duc IZ in Long An province, has asked for five more hectares of land in the IZ to scale up its production. Long Thai Tu Yarn, a South Korean enterprise, has decided to invest $50 million more to expand the workshop in Long Khanh IZ in Dong Nai province. In Binh Duong province, Taiwanese Far Eastern has registered additional investment capital of $485.8 million, raising its total investment in Bau B

The net sales of Unifi, one of the world's leading innovators in synthetic and recycled yarns, went up to $164.2 million for the first quarter of 2018, compared to net sales of $160.0 million for the first quarter of 2017. Revenue growth was driven by an overall increase in sales volume, as the company continued to benefit from strength in Brazil and Asia. The company's gross profit as a percentage of sales was 14.2 per cent for the first quarter of fiscal 2018, compared to 14.7 per cent for

The orders index for Italian textile machinery rose by six per cent in the third quarter of 2017, compared to the same period in 2016, according to the data from the Association of Italian Textile Machinery Manufacturers (ACIMIT). Continuing the positive trend witnessed in the previous quarter, the orders index increased to 107.3 points (2010 basis = 100). The orders index for foreign markets, which account for more than 85 per cent of total Italian textile machinery sales, increased by six p

Export earnings from the garments sector in Myanmar are likely to exceed $3 billion this fiscal with the European Union topping the list for garment export orders, followed by Japan, South Korea and other countries, according to statistics compiled by the Myanmar Garment Entrepreneurs Association (MGEA). Garments constitute 16 per cent of its total exports. Myanmar’s garment units operate on the cutting-making and packaging (CMP) system and are striving to transform into the free on board (F