India’s cotton and apparel exports are set to climb by around 10 per cent this year as higher wages, political instability and concerns about workplace conditions in other producing markets including Bangladesh steer international buyers toward Indian exporters, industry officials said. The rise in textile shipments from India — currently around 4.5 per cent of world trade — may eat into top exporter China’s 36 per cent share of the market and will be a boon for Indian textile merchants keen

Leading apparel and footwear buyers and retailers, who source from Bangladesh, have teamed up to make the country's factories environmentally sound as part of a global initiative. They have come together under the Zero Discharge of Hazardous Chemicals (ZDHC) programme, which aims to help lead the industries towards lowering discharge of such chemicals by 2020. The ZDHC programme signatory brands include Adidas, Benetton, Burberry, C&A, Esprit, G-Star Raw, Gap, H&M, Inditex, Jack Wo

The cotton growing area in China in the 12 months is expected to decline to 63.40 million mu (about 4.23 million hectares), down 9.4 percent from the previous year, and the cotton yield is also forecast to plunge by half a million tonnes to 6.5 million tonnes, according to Lian Weiliang, deputy head of the National Development and Reform Commission. While, cotton demand in China is expected to exceed its domestic supply by two million tonnes in the year from September 2014 to August 2015, as

Textile firms are looking forward to a major improvement in businesses in October to December 2014 quarter as prospects are brighter than preceding months and also being a festive season. The YarnsandFibers survey on Indian textile business confidence held in late September reveals that the Business Confidence Index (a measure of future prospect), for the quarter October to December stands at 76 as against the Current Business Status Index at 30.0 for the quarter July to September 2014. Index ab

Swedish fashion giant H&M announced a 20 percent leap year-on-year in third quarter profits Thursday but disappointed investors with a slight fall in gross profit margins linked to increased expansion costs. The group's net profits reached 5.3 billion kronor ($735 million, 580 million euros) -- less than analysts had expected following strong sales figures for July and August. September sales were down so far due to "unusually warm weather in most markets", the group said in a statemen

Kristi Täht is Estonian businesswoman and owner of the Estonian textile company K.Täht Holding OÜ, has acquired the knit fabrics factory Qualitex AS from Tolaram Group, which operates in the Pärnumaa county. The company's acquisition creates a bigger synergy on the basis of existing production capacity and sales network. Qualitex, currently has 90 employees working. Kristi Täht is Estonian entrepreneur and owner of the textile company Katarina OÜ, since 2008 engaged in design and production o

Ayka Addis Textile & Investment Group, a Turkish textile company, has been declared the top textile and garment export performer in Ethiopia for the year 2013-14 by Ethiopian Textile Industry Development Institute (TIDI), Ethiopian Radio and Television Agency reported. The communications director of TIDI, Bantihun Gessesse said that Ayka Addis Textile & Investment Group contributed around US$ 63 million, out of the US$ 111.45 million textile exports revenue in Ethiopia.He said that Germ

courtesy: FAS/USDA China’s cotton stocks-to-use ratio surged to a record level of 180 percent in 2013-14, due to the Government’s price support and import policies, according to the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA). From 2002-03 to 2008-09, China’s stocks-to-use ratio averaged just 49 percent, which implies that the current stocks are over 45 million bales above average, FAS says in its ‘Cotton: World Market and Trade’ report releas

When the mercury starts to drop at this time of year (happy first day of fall, everyone!), I find it nearly impossible to leave the cozy comfort of my bed and get dressed. Do you ever feel like that? Well, good, because we have a solution for you in the form of one of our favorite fall fashion trends: the blanket coat. You might recall the Burberry’s finale from last season. A parade of chic, blanket-coated ladies led by Cara Delevingne, marched out wearing the chicest blanket capes, embroidered

China will not increase its cotton import quota next year beyond the 894,000-tonne quota it promised when joining the World Trade Organization, a Chinese official said Monday. "We will guide domestic textile enterprises to use more homegrown cotton," Liu Xiaonan, an economic and trade official with the National Development and Reform Commission (NDRC), said at a press conference. The official's remarks came after the government removed its long-held temporary cotton purchasing policy and i