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  • Abercrombie & Fitch Co. announced the promotion of Amy Zehrer to the position of Executive Vice President, Stores, from Senior Vice President, effective immediately. Zehrer will continue to report to Chairman & CEO Mike Jeffries. “Amy has a deep knowledge of our brands and processes; she is responsible for running a world-class stores operation. For the past two years, she has been in charge of all aspects of the stores organization, and this promotion recognizes the breadth and impor
  • Fashion giant CHANEL has tapped Academy Award-winning actress Tilda Swinton to front the advertising campaign for its Métiers d'Art Paris-Edimbourg collection. Creative Director Karl Lagerfeld comments, 'Tilda perfectly embodies the Paris-Edimbourg collection. She is of course Scottish, but more than that she is a modern woman, a timeless icon of elegance.' The campaign is unveiled in May. Source: FashionMonitor
  • In a small room in the Cambodian capital, laboratory technicians wearing latex gloves and flip-flops inspect hundreds of buzzing white silkworm moths before pairing them up to mate. With its silk industry in rapid decline, Cambodia is pinning its hopes on moth matchmaking and disease control to save its precious silkworms and keep centuries-old traditions alive. More than 30 years ago, the brutal Khmer Rouge regime all but eliminated silk farming and the sector has been slow to recover, laggin
  • CHINESE people are feeling the pinch from rising prices, especially in regards to food and housing, and a majority believe prices will rise this year, an ongoing poll shows. Around 75 percent of respondents said food prices have the largest impact on their lives, while 15 percent pointed to rising home costs and rent, according to an online survey conducted by the People's Daily Online, the official website of the flagship newspaper of the Communist Party of China. The poll shows that 77 perce
  • Cotton prices have witnessed a rise of around seven per cent so far this month, thanks to increased stockpiling by foreign traders in anticipation of better price expectations. This has also triggered demand from domestic millers, who are expecting healthy yarn exports this year. According to market sources, with arrivals starting to decline, prices are likely to firm up to Rs 38,000 a candy (356 kg). Prices are up from Rs 34,000-34,100 a candy on February 1 to Rs 36,500-36,800. Daily arrivals
  • A weaver in Mangalagiri in Guntur District (Andhra Pradesh) prepares yarn for use on the handloom in the course of producing a saree (file photo). The Andhra Pradesh Federation of Textile Association representing some 75,000 textile shop owners, has called for a total textile bandh in the State on Wednesday. This is to register its protest against the State Government’s move to bring textiles under Sensitive Commodities, which would put an extra financial burden on traders. Traders have a
  • Mr Samuel Okudjeto Ablakwa, Member of Parliament (MP) for North Tongu Constituency in the Volta Region has said that government will collaborate with other stakeholders to institute a national policy that would revamp the textile industry. Mr Ablakwa said government was committed to rescucitating the textile industry by injecting capital with the collaboration of the private sector to ensure full capacity production of the Volta Star Textiles Limited (VSTL) at Juapong. He said this on Monday
  • China's textile industry will maintain smooth operation in 2013. China still have compete competitive advantage and mature industrial system in comparison to Southeast Asian countries and South Asian countries that only have single product structure, the majority of China's products have more obvious international competitiveness in variety and quality, although China's industry faces some pressures. At the same time, tightening external environment will form forced mechanisms of market, labor
  • Government enhanced the scope of the sales tax withholding regime to all registered companies and exporters to deduct 20% of the payable sales tax on all purchases. DESIGN: FAIZAN DAWOOD The textile industry rejected the Federal Board of Revenue’s move of extending the imposition of the withholding tax they fear the step will affect exports adversely. Earlier, the government enhanced the scope of the sales tax withholding regime to all registered companies and exporters to deduct 20% of the
  • Lakme Fashion Week (LFW), the leader in promoting creative excellence and the business of fashion in India, announced the list of 87 participating designers and 8 sponsors who have have come together with one common agenda of presenting the very best of fashion industry on the ramp in March. A robust line-up of fashion stalwarts and the brightest young desingers will showcase their ready-to-wear brands on the runway and exhibition area. As the pioneers of fashion weeks in India, LFW has al
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