The Bangladesh Ministry of Jute and Textiles has banned the export of raw jute for a month effective from Nov 3, 2015 while all unshipped export contracts are affected by this sudden decision. Since Pakistani jute mills are solely dependent on imported raw material from Bangladesh it will be catastrophic for the mills as well as federal and provincial governments which require jute products for safe storage of agricultural products. “The jute sector in Pakistan is already under tremendous

Landes, a denim label and accessory maker from Germany, is all set to establish a factory in Bangladesh in a year, as the company sees business potential here with the number of its customers growing. The company has completed almost all processes to establish the factory at Uttara in Dhaka at an initial investment of $300,000 (Tk 2.34 crore). “Our investment is small as our products are small,” said Davide Menini, sales director at Landes, at his pavilion at the third Bangladesh Denim Exp

Anticipation was at an all-time high for this year's Victoria's Secret Fashion Show and the Angels certainly did not disappoint. Adriana Lima, Alessandra Ambrosio, Lily Aldridge, Behati Prinsloo, and the entire perfectly-coifed crew were in top form—and they also showed VS newbies like Kendall Jenner and Gigi Hadid the tricks of the trade! We were backstage at the show as the models primped for their big moment. The scene backstage? Lots of lipgloss, pink silk robes, and yes, lots and lots of

The third Bangladesh Denim Expo begins at International Convention City Bashundhara in Dhaka today in an aim to display the latest and future denim trends before the global buyers. As many as 39 companies are participating in the expo. Among them, 10 are international companies from China, Germany, India, Japan, Pakistan, Singapore, South Korea, Thailand, Turkey and the United States. The theme of the current show is ‘Sustainable Denim’. The expo will highlight eco-sustainable denim develo

The value-added textile manufactures-cum-exporters continue to moan on pending sales tax refund claims, saying that the government never honoured its own pledges to clear the huge outstanding dues. Chairman (south-zone), Pakistan Hosiery Manufacturers and Exporters (PHMA), Abdul Rasheed Fodderwala Tuesday criticised the government for not fulfilling its promises made to exporters on sales tax refunds. As November 2015 has started, but Finance Minister Ishaq Dar's pledge, he had made in a bud

The Pakistani textile sector is heading into a winter of discontent. All Pakistan Textile Mills Association (APTMA) has said utilisation of cotton is likely to reduce to 8.5 million bales this year from 14 million bales, as the export-dependent working capacities of spindles and looms have either been restricted to one-shift operations or closed down because of the high cost of doing business, Pakistani newspapers have reported. “The production of only 25 per cent spindles, converted to garme

The world's leading luxury group has pledged to go 'green' by introducing a new carbon fund, paid for by each of its luxury fashion houses. LVMH announced it would implement a 5 million euro fund, financed by contributions from each Maison, including Louis Vuitton, Celine, Fendi, Dior and Givenchy. The fund has been set up in part to calculate and offset the greenhouse gas emissions generated by their activities, specifically in terms of energy consumption in their production sites and store

After increasing for four consecutive months and reaching the highest level in 2015 in October, high cotton availability pulled down the CEPEA/ESALQ cotton Index. “The Index reached its highest price at 2.3656 BRL per pound on October 2, but slipped 1.04 per cent in October,” a CEPEA report said. “However, the average of the month, at 2.3512 BRL or $0.606 per pound, was 1.27 per cent higher than in September 2015 and 30.6 per cent up compared to October 2014,” it added. Exports, in turn

Invista is one of the world's largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications. Also the owner of the Lycra brand unveiled the patent pending technology at the recent Kingpins Denim shows in Amsterdam and New York under the banner ‘Hybrid technology by Lycra brand’ for knitted denim. The new developed technology for knit denim fabrics provides the comfort and flexibility of a knit with the authentic aesthetics and performance of a wo

Burberry Group plc is a British luxury fashion house, distributing outerwear, fashion accessories along with other manufacturers by tapping into rolling demand for quality British products in Asia and South America, have given the textile industry a new lease of life. The FTSE 100 company will switch the making of its famous trenchcoat, which sells for more than £500, from two ageing plants to create about 200 new jobs in the city centre from 2019. Burberry’s plan to invest £50m in a new