Figures from the General Administration of Customs show that China's exports of textiles and garment totaled about US$ 58.11 billion in January-March of this year, up 2.87% year-on-year, slowing down by 16.73 percentage points compared to January-February period. The export of textiles and garment stood respectively at US$ 23.99 billion and US$ 35.79 billion, up 4.2% and 2%. If calculated in yuan, the exports of textiles and garment amounted to about CNY 366.14 billion, up 3.1% year-on-year.

Pakistan’s final cotton output in 2014-15 season stood at 14.871 million bales, much higher than 13.488 million bales estimated by the Cotton Crop Assessment Committee (CCAC) at its third meeting in December last year. In 2014-15 season, a total of 14,871,174 bales of cotton were received at different ginneries across the country, according to the final report on cotton arrivals, prepared by the Pakistan Cotton Ginners’ Association (PCGA), in joint cooperation with All Pakistan Textile Mills

Indonesian textile and garment industry regardless of rising challenges by way of new electricity prices and increase in labor costs expects to receive investment of around Rp 3 trillion (US$230.15 million) this year. According to Indonesian Textile Association (API) chairman Ade Sudrajat, sizeable portion of Rp 1 trillion will derive from a local firm, while the majority will come from foreign investors, particularly from China, South Korea and Taiwan. Ade during a recent seminar hosted by t

THE rows of upmarket sedans look out of place parked in the working-class Paris suburb but this is Aubervilliers, Europe’s made-in-China clothing capital where traders recently opened the continent’s biggest garment center. A vast range of clothing is on offer in this town north of the French capital where generations of Chinese have settled — and some made fortunes. Canny shoppers can pick up a smart ready-to-wear suit for 40 euros (US$46) in a central store or a pack of cheap socks in th

Commerce Minister Tofail Ahmed, third from left, meets guests at Bangladesh Denim Expo at Radisson hotel in Dhaka yesterday. Photo: Star Denimco Textile, a Turkish denim maker, will open an office in Dhaka soon to sell the fabric to Bangladeshi exporters directly, as Bangladesh is a major exporter of denim products to Europe and US markets. “Everything is ready and we will open the office within one and a half months,” said Oguz Aksoy, marketing officer of Denimco. “Bangladesh is an im

It was a "memorable day" for Marks & Spencer, according to chief executive officer Marc Bolland. After a fifteen year absence, the department store group has return to Belgium with the opening of its newest store on the Guldenvlieslaan street in Brussels. The 5,000 square meter store is part of the previously presented 'Bricks & Clicks' strategy Marks & Spencer has launch to enable its successful expansion. "There is no specific reason as to why we left Belgium," explains Costas A

More than 30 per cent working capital of textile sector is stuck-up under refund regime, while several incentives announced in previous budget 2014-15, including ‘Rationalization of Refund Regime’ and ‘Complete Settlement of all Outstanding Refund Claims till 2014’ could not be implemented so far. “Pakistan textile policy for 2009-14 with outlay of Rs188 billion could be implemented only 15 per cent while textile policy 2014-19 with total outlay of Rs 64 billion was announced with a long del

Giant Group has recently introduced environmentally friendly and Water Saving Technology in its new venture, Giant Textiles Limited, to satisfy customers in a distinctly superior manner providing quality products with highest price-to-value ratio. Giant Textiles Limited (GTL), the latest and largest venture of the group, is a state-of-the-art environmentally friendly energy saving and fully vertically integrated composite Knit unit with a daily capacity of 25 tonnes of fabrics, said a stateme

The introduction of warehousing facility for cotton trade will immensely benefit the country's spinners, as it will reduce lead-time and ensure the timely sourcing of the fibre, industry people said. Under the facility, merchants from different countries will store cotton at warehouses at Chittagong port to sell to the local cotton importers and spinners. The merchants can also re-export the cotton from the port to other destinations. The system is already in use by the Chinese government,

The readymade garment export growth plunged sharply in April compared to previous three months, which the exporters said was aftershock of the political unrest. The garment exports grew 1.16% to $1.93bn in the month from one year ago while January, February and March saw growths of 7.98%, 7.22% and 8.40% respectively. According to the provisional data of Export Promotion Bureau, the overall export earnings in April also declined by 0.53% to $2.39bn. “January was the booking time, but th