One third of China's cotton-spinning enterprises revealed 96.7 percent of total profits for the whole industry, indicating that most cotton-spinning companies are currently unprofitable, said Xu Wenying, deputy director of China National Textile and Apparel Council. The rapid development of China's cotton-spinning industry in the previous decade resulted in fast-expanding capacity, said Xu. After the breakout of the global financial crisis, overseas demand contracted significantly and compet

The China Cotton Association said Wednesday that the country's cotton output will likely reach 6.8 million metric tons this year, up from its previous estimate of 6.7 million tons. Weather conditions in major producing regions were favorable for crop growth in October, compensating the negative impact of wet weather earlier, the association said in a monthly market report posted on its Web site. According to the association, growers it surveyed said that 82% of their crops had been harve

BKMEA president Fazlul Haque has said gas crisis is seriously affecting production in the knitwear industry. ‘We do not get 40 per cent gas of the total demand for the industry,’ he told a press briefing on Saturday ahead of a three-day international fair titled Knit-Tex. This is the second annual exhibition organised by Bangladesh Knitwear Manufacturers and Exporters Association and event management organisation Conference and Exhibition Management Limited. ‘If the government does not come f

CTEI Exclusive: Home textile, once a sector that was experiencing very good growth in textiles, is fighting for their survival in 2009 with dismal overseas market hit by the economic crisis. In this article we have analysed export performance of main home textiles including bedding products, carpet, curtain and towel based on official export data during the first three quarters of 2009. Although home textile export shows a little recovery signs since 2009, significant gains at that time wil

Last November 19th the majority of European Union (EU) states voted against the continuation of punitive antidumping duties on leather footwear imported from China and Vietnam. However, this is not a final, binding decision and it will be considered for ratification by the Council of Member States. It is a theme which could prejudice the unity of the EU since countries which no longer have a shoe manufacturing industry are being unduly influenced by the interests of large importers and distri

The textile industry had sighed with relief on market trends witnessed in the last three months. Textile and garment exporters who had borne the brunt of the economic turmoil, too had reasons to be happy, as order book positions were witnessing a marked improvement, when compared with the previous few months. But the party may not last long. Cotton prices have risen dramatically in the last three fortnights and the Gujarat grown Shankar-6 variety of cotton has seen its prices zoom by nearly

PP fiber with its superior light weight, quick-drying, warmth, natural anti-bacteria and other functions, is always an ideal material for outdoor sports apparel. However, the disadvange is that it is not dyeable. Dyeable PP fiber-CoolVisions has attracted the attention of many outdoor sportswear designers. CoolVisions developed by FiberVisions, the world's largest manufacturer of PP staple fiber was launched on the market in spring 2008. "The properties in hand feel and color have been impro

ALMEDA textile factory, which is owned by the ruling party in Ethiopia, announced that it has begun exporting its products to Europe and the United States. The State-run Ethiopian News Agency (ENA) reported that a team led by Trade and Industry State Minister Tadesse Haile has visited the factory. Briefing the team, Factory Manager, Razvan Tonele said the factory has started exporting its products to Germany, Italy and the USA. The manager said the factory produces more than 40,000 jeans,

Michael Kors has survived the recession so far because his clothes are "seasonless". The US fashion designer believes sales of his clothing line have not faltered during the credit crunch because he has always worked hard to make sure his designs don't become out-of-date. He said: "What has happened with the economy has re-enforced the things that I always thought. The idea that something should be unexpected but at the same time timeless, the fact that I think that most clothes should b

While growth decline of China's textile and garment exports expanded to 12.5 percent in October, Guangdong garment exports to the United States provided an unexpected increase of 27.1 percent. China's total garment exports amounted to US $87.896 billion from January to October of 2009, down 10.9 percent year on year. Guangzhou Customs statistics show that Guangdong garment exports recorded US $18.25 billion from January to October this year, down 10.4 percent compared with the same perio