Center for Advanced Studies on Applied Economics (CEPEA) reported that due to the holiday of the All Soul’s Day in Brazil on November 2, and the low liquidity in previous weeks, most players continued refrained from closing new trades in the Brazilian cotton market in late October. Despite low liquidity, supply was capped in the period because producers prefer to trade only in the off-season period. Producers continued firm regarding asking prices and were focused on the accomplishment of contra

As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country’s petrochemical sector by 2020, according to a recent report released by Qatar National Bank (QNB). In its report titled "Qatar Economic Insight 2012", QNB said investments of about US$ 17 billion are likely to be made in the first phase until 2017, while another US$ 8 billion investment is expected in the second phase to be completed by 2020. At present, Qatar’s petrochemical sector

GSI Commerce, a leading provider of ecommerce and interactive marketing solutions, announced it has signed a multiyear extension with Belk Inc., the nation’s largest privately owned mainline department store company. Under the agreement, which runs through 2015, GSI will now provide multiple site support to scale with Belk’s continual growth. GSI and Belk have partnered together since the launch of belk.com in 2008. "GSI and their expertise in direct to consumer management has proven very suc

Under the motto “Are you a FANatic? Make it FANtastic!”, everything at the Golden Shirt Award 2014 is set to revolve around “fans” – football fans who might make their way to Brazil in 2014 for the Football World Cup; music enthusiasts who need the right outfit for a concert, or art lovers who want to wear their idol’s motifs upon their breast. “Fans” in and of themselves are a great economic factor, as people are happy to spend money on their passion. This fact forms the focus of the upcomi

J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core assets, restructuring and management transition charges, and non-cash primary pension plan expense, adjusted net loss for the quarter was $203 million or $0.93 per share. Ron Johnson, chief executive officer of jcpenney said, "While the quarter overall was cha

Foundry Group has become the lead investor in a $6.5m Series B investment in Betabrand Corporation. Located in San Francisco, CA, Betabrand is an online clothing company that creates unique clothing that appeals to an individual’s sense of personal style, exclusivity, and creation. By creating limited edition "inventions" Betabrand takes the ability to manufacture small batches of clothes while allowing their users to participate in the creation process. We have been thinking more often a

This year on America Recycles Day, it’s time to add textile recycling like clothing, shoes and household goods to the list of things celebrated and discussed. America Recycles Day, November 15, 2012, is the only nationally recognized day dedicated to promoting and celebrating recycling. This year, in honor of the holiday, Community Recycling, Illinois AmVets and Juvenile Diabetes Research Foundation will come together to improve awareness about textile recycling within our community. "Ill

Women may soon have greater—and unique—choices in swimwear and clothing basics with just one garment when fashion designer Markus Bell of Heidelberg, Germany brings his Hawaikini Prototype to market. The first-ever bikini with a two-piece convertible top is designed to provide additional coverage over the torso for times away from the beach and changes easily to a bikini swimsuit. The multi-functional fashion top may also be worn with trousers or a skirt. Several design variations are based on t

This weekend marked not only one, but two public appearances by Queen Elizabeth. After wearing a trendy sheer coat over a simple cream dress on Saturday, Liz bundled up in a black for a Remembrance Sunday service with the rest of the Royals. Of course, it should also come as no surprise that Kate Middleton wore an ensemble of repeats. On Sunday, Kate stuck with her tried-and-true pieces and pulled out the same black double-breasted Diane von Furstenberg coat she wore to last year’s Remembranc