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The Cotton Association of India (CAI) expects cotton output to fall five per cent this year to 354 lakh bales (lb) of 170 kg against 373 lb last year.
The total supply including imports of 10 lb and opening stock of 53 lb works out to 417 lb, said a CAI press release issued on Monday.
With the domestic consumption of 266 lb (excluding exports), the country will have a surplus of 151 lb to tap the export market, it said.
Despite weak global demand, the country exported 127 lb last year.
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The inventory of 22 listed Chinese garment makers totaled 38.18 billion yuan ($6.13 billion) in the third quarter. Around 90 percent of it is increasing, said Hexin Flush Network Services Ltd.
According to the Zhejiang-based financial data supplier, Youngor Group's inventory ranked highest at 23.95 billion yuan. Hongdou Group Co Ltd came second place with 3.98 billion yuan.
Garment makers' operating incomes have consequently declined. Five companies out of the 22 showed negative revenue gr
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Fashion label Dolce & Gabbana has opened its first boutique in Kiev, Ukraine. Located on the ground floor of Mandarin Plaza Mall, the 315 sq m space houses men and women's apparel and the interior features handcrafted murano chandeliers, dark grey basaltina stone flooring as well as burgundy velvet wall panels and sofas.
Source: Fashion Monitor
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Jennifer Lawrence met Anna Wintour Sunday night at a swanky shindig for her new movie Silver Linings Playbook, but, being the down-to-earth girl that she is, Lawrence didn’t just play it off like it was no big thing.
The New York Post reports that the encounter prompted an excited “I just met Miranda Priestley!” from the Hunger Games actress, who, it should be noted, was dressed in a posh tuxedo from Raf Simons‘ Spring 2013 Christian Dior collection complete with a matching silk sash around h
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Masterbatch dying with Oerlikon Barmag’s 3DD mixer convinces in regard of energy efficiency, CO? emissions as well as color evenness (c) 2012 Oerlikon
With its Virtual Reality Showroom, first unveiled at the ITMA in Barcelona, the market leader in all matters relating to manmade fiber production is offering a completely revolutionary perspective on processes, machines and systems: an experience rather than merely a view. Virtual reality will enable the trade visitors to “embark” on a journey
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Road Show held at Ahmedabad, India (c) 2012 India ITME
With few weeks to this mega show, there is a palpitable excitement in the air. The organizers, exhibitors, visitors, vendors, all are gearing up towards this once-in-four-year trend setting textile technology exhibition. With 800+ exhibitors, 8 new country participation, many delegations from new textile markets, eminent technocrats and textile experts speaking at the Seminar, this event will be the largest so far India has ever hosted wi
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Various exporters’ associations have recommended the high-level committee to allow cash incentive facility for trading firms too. “Not only exporters, but trading firms also have equally contributed to the country’s exports,” said president of Garment Association-Nepal Uday Raj Pandey.
Exporters have recommended the high-level committee, formed under the coordination of vice chairman of National Planning Commission Deependra Bahadur Kshetry to allow certain cash incentives for trading firms. “W
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Bangladesh is going to import 0.2 million tonnes of raw cotton per year from Uzbekistan under a proposed bilateral agreement, scheduled to be signed in December.
Tashkent has sent a draft memorandum of understanding (MoU), and proposed to supply the cotton to Dhaka, said an official of the Ministry of Commerce (MoC).
An inter-ministerial meeting to finalise the MoU will be held Thursday at the ministry, where stakeholders from textile, apparel, garments and other related sectors will parti
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The production floor at the UMH-3 factory in Hpa-an, Kayin State Tuesday, November 6, 2012. (Myat May Zin / The Myanmar Times)
The opening of a new garment factory in a recently established industrial zone in Kayin State could relieve pressure on Yangon’s industrial zones, while providing jobs to local people who might otherwise emigrate, industry experts say.
Factory UMH-3 – named after U Myint Htay, owner of UMH Garment Industries – opened in Hpa-an township on November 6.
“Many facto