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Fespa Eurasia 2018 is set to display latest printing technologies with its ‘Rise with Print’ concept. The textile exhibition, which will be held from December 6 to 9, 2018, at the Istanbul expo centre, in halls 9, 10, and 11, will focus mainly on the high standards demanded by the printing industry, which is increasingly competitive among professionals.
Printing professionals will have the chance to explore the latest products and services available on the market, as well as new inspiratio
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Da Lat Worsted Spinning Limited Company has begun construction of a factory to spin yarn from wool in Phat Chi industrial cluster in Da Lat city, the capital of Lam Dong province in southern Vietnam’s Central Highlands region. The factory to be built at a cost of $50 million is expected to commence operation in April 2019 and employ 400 people.
The spinning mill would be a joint venture between Germany’s Südwolle Group and HCM City-based Lien Phuong Textile and Garment Corporation, according
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African Export-Import Bank (Afreximbank) president Benedict Oramah recently met Nasir Ahmad El-Rufai, governor of Nigeria’s Kaduna state, in Abuja to discuss how the bank can support the state’s economic development, including revival of cotton exports in value added form. The bank agreed to send a team to comprehensively study the cotton value chain there.
The study is expected to allow the development of a robust private sector-driven solution for value addition and to facilitate export of
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Cotton prices continued to rise in Brazil in the first fortnight of June due to low supply from the 2016-17 and the 2017-18 crops in the spot market. Between May 30 and June 15, the Center for Advanced Studies on Applied Economics/Luiz de Queiroz College of Agriculture (CEPEA/ESALQ) cotton Index rose 1.1 per cent, closing at 3.7898 BRL per pound on June 15.
During the fortnight, some processors were out of the market as they were expecting the harvesting to advance, which will result in incre
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Kenya’s treasury secretary Henry Rotich recently raised the duty on imported second-hand clothes and shoes, known as mitumba, from previous $0.2 per kg to $5 per kg or 35 per cent, whichever is higher, to protect local textile companies and create jobs. He said the step will guard against low mitumba prices that make it tough for local companies to thrive.
However, anxiety does exist in the country about the loss of thousands of jobs within the mitumba industry, according to Kenyan media re
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Rwanda will take over the tax obligations of its apparel exporters to ensure they are not adversely affected by the anticipated suspension of duty-free access to the US market under the African Growth Opportunity Act (AGOA). The US Government had announced in March its intention to suspend duty-free treatment to all AGOA-eligible apparel items for Rwanda.
The Rwandan Government is putting up an adjustment facility to pay taxes imposed on the exporters for the next one year. This would allow
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With its Low Impact Denim (LID) range, the Jack & Jones brand which belongs to the Danish company Bestseller has set new standards in the field of environmentally friendly jeans manufacturing. Energy and water savings as well as eco-friendly bleaching, dyeing and washing methods make the LID concept of Jack & Jones a pioneer in the denim market.
The CHT Group and its innovative organIQ technology is a fundamental part of this trendsetting LID range. CHT contributes to it with its va
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Imports at major US retail container ports are likely to set record numbers in summer and fall 2018, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. Consumers are buying more, so retailers are importing more, said NRF vice president for supply chain and customs policy Jonathan Gold.
“Imports continue to be the primary source of high-quality, mass-produced necessities at affordable prices and will be for the foresee
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Coats, a leading industrial thread manufacturer and a major player in the Americas textile crafts market, has announced that the company has appointed Kevin Finn to the newly created role of president, business operations, with effect from July 1, 2018. Kevin is currently the chief operating officer, of Coats Asia, and is based in Shenzhen, China.
Kevin will have global accountability for business operations and will oversee the delivery of the annual business plan. His responsibilities in
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Home Textiles Sourcing Expo 2018, taking place alongside Texworld USA and Apparel Sourcing USA, will offer a wide variety of seminars and panels in this season’s edition. This summer, the educational events will focus on the global home textiles landscape, Autumn/Winter 2019-20 colour trends and a unique panel on translating fashion trends into home décor.
As a marketplace for networking, education and sourcing, Home Textiles Sourcing Expo, beginning July 23, is the only trade event in Nort