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The Government of Bangladesh has demanded rollback of the 17.5 percent duty levied by Turkey on readymade garment (RMG) imports from Bangladesh, claiming that the levy has badly impacted its sales to European countries.
The demand was raised during the inaugural session of the Fourth Bangladesh-Turkey Joint Economic Commission at the Economic Relations Division (ERD).
Earlier, developing countries were allowed to export their apparels to Turkey duty-free. However, to safeguard its domestic
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A feeling of natural, spontaneous relaxation characterizes the Reda collection for spring/summer 2013. Good vibrations and bursts of energy accompany fabrics that are cool and soft, light and bright, with attractive chromatic nuances.
Starting from its own origins, Reda gets back to the roots of 1990s modern styling, to the rebirth of a new world and a new point of view. It accompanies the men who were in becoming the men they will be, in a down-to-earth journey towards discovery of a real li
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After Bangladesh and Vietnam, a small Central American country – Honduras has now overtaken India in apparel exports to the US. According to a big-time Indian garment exporter, a Chinese hand is visible in Honduras creaming India.
India has been pushed to the seventh spot in garment exports to the US by Honduras in July, as exports of clothing from India posted a 16.5 percent fall in the month.
Earlier in 2011, Bangladesh had beaten India in global apparel exports, followed by Vietnam in g
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It’s the collaboration that avant-garde fashion fans have been waiting for: Maison Martin Margiela for Hennes & Mauritz AB (H&M) launches at Selfridges London on Thursday 15 November.
The collection presents a re-edition of iconic Maison Martin Margiela garments and accessories for men and women. Each piece is specifically labelled with a unique tag indication the season from which it originated, spanning 23 years since the Maison’s founding.
In true Margiela style, the collection
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Launched in 2011 as a fledgling event with just seventeen exhibitors and three countries represented, the 2012 edition of Fashion SVP, held in September at Olympia, saw the number of exhibitors more than double to thirty-six, the number of countries represented increased to twelve, and the successful introduction of industry seminars, focusing on key sourcing issues.
Clothing producers from Romania, Lithuania, Latvia, Spain, Great Britain, Morocco, Tunisia, Turkey, France, Portugal, Italy and
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Workers receive their monthly salary at a company (for illustration only)
Photo: Tuoi Tre
According to a survey by the Vietnam General Confederation of Labor (VGCL) on around 2,000 workers, their salary is not enough to cover minimum monthly living expenses. These workers are from 60 State-owned enterprises and foreign-invested enterprises in 12 provinces and cities in northern, central and southern Vietnam, said Dang Quang Hop, a senior expert of the Institute for Workers – Trade Union unde
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Von Maur Department Store announced the opening of its newest location. Located at Atlanta's Perimeter Mall, the 222,000-square-foot store is one of the Company's largest locations in the country and second location in Georgia. Its first location in Georgia was opened in November 2011 at North Point Mall in Alpharetta.
Known for its outstanding selection of brand name and specialty apparel, shoes, accessories and gifts, the new store features products from leading brands such as Eileen Fisher
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A large apparel group in Zhejiang Province recently d to step into the home furnishing sector. In fact, as early as several years ago, a good many apparel enterprises had already set foot in diversified operations by investing in those golden industries like real estate, equity, high technology and new energy, in hopes of finding a new profit growth contributor.
However, only few enterprises eventually realized transformation through diversified operations, while most failed. More and more
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The spotexchange rate of RMB against USD has rebounded noticeably by almost 1% since September, which went beyond 6.25 on October 23, setting a of the past years since 1993. Analysts say RMB would maintain the strong momentum in the short term, yet would drop again as a result of the relieved capital shortage, vigorous USD and depressed national economy. The RMB exchange rate shows a feature of two-way fluctuations quite obviously.
Source: CNGA
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Top 10 Categories in Rising
Top 10 Categories in Falling
1 Natural Fiber Grey Cloths
1.50%
1 Blended
-0.59%
2 T/C Fabric
1.07%
2 Apparel Linings
-0.54%
3 Bedding Sets
0.92%
3 Fashion Fabrics
-0.53%
4 Other Chemical Fiber
0.84%
4 Belt
-0.25%
5 Viscose
0.72%
5 Viscose Fabric
-0.23%
6 Cotton Fabric
0.70%
6 Polyester Fabric
-0.21%
7 Blended Fiber Grey Cloth
0.53%
7 Curtains S