The dollar hit an eight-week high against the yen on Monday, supported by a rise in US Treasury yields, as traders eyed a Federal Reserve meeting starting the next day for clues on whether interest rates could rise again by year-end. The greenback recorded its best week against the Japanese currency since November last week, gaining 2.8 percent, as a rise in US yields bolstered its appeal and as data showing a pick up in US consumer prices helped rekindle expectations that the Fed could hike

Ralph and Russo charmed London Fashion Week with the debut of its ready-to-wear collection for spring/summer 2018 on the opening day, with pieces ranging from cocktail dresses to jumpsuits, trench coats and co-ordinated crop tops and high-waist skirts. Fusing “traditionalism and contemporary artistry”, the inaugural pret-a-porter line consisted of 49 looks, with key highlights being waist-cinching trench coats and utilitarian jackets coats adorned with crest-emblazoned buttons, a ruffled crop

In the recently ended marketing year 2016-17, the United States exported 14.9 million bales of cotton, registering the highest quantity of exports since 2005-06, when the country exported 17.7 million bales. US cotton exports during the year were well above the levels initially forecast by either US department of agriculture (USDA) or private forecasters. While upland cotton was the most exported totalling 14.3 million bales, the remaining 614,000 bales were of extra-long staple cotton, the F

Oritain Global has partnered with two of the world’s largest cotton growers - the JG Boswell Company in the US and its subsidiary, Auscott Limited of Australia – as well as with one of the world’s largest home textile manufacturers, Welspun India Limited. The association will provide scientific traceability solutions to the cotton and textile industry. Using Oritain’s technology, the claimed origin of a sample of cotton can be scientifically verified which offers reassurance for brand owners

The Nepal government is likely to make necessary amendments in the acts related to the textiles industry, said Shankar Koirala, secretary at the ministry of industry, at the Nepal Yarn and Textile Expo 2017. He further said that in order to promote the textiles industry of Nepal, the government is willing to collaborate with the related organisations. The textiles industry has been successful in creating employment for over 50,000 locals, a majority of whom are women. At present there are fou

Textile exports from Latin American nation of Peru rose 12 per cent to $115 million in July 2017, compared to the same month last year, according to the data from the Central Reserve Bank (BCR). The rise in exports was driven by increase in imports by countries like China (280 per cent), Brazil (67 per cent), Ecuador (54 per cent) and the US (21 per cent). While there was a 10 per cent increase in exports volume, price increase was 2 per cent, a Peruvian news agency report said quoting BCR st

Cotton Incorporated, the research and promotion company for the United States cotton producers and importers, has appointed its first chief sustainability officer— Dr Jesse Daystar. Before joining Cotton Incorporated, he held the position of assistant director at the Duke Center for sustainability and commerce at Duke University, where he also taught. "Daystar brings in a wealth of experience and knowledge to this newly created role, which will oversee and coordinate our internal and external

Cotton made in Africa (CmiA) is an initiative of the Aid by Trade Foundation (AbTF) that helps African smallholder cotton farmers in Africa to improve their living conditions revealed that over 50 million textiles used CmiA labelled cotton fibre last year, which came from over 320,000 tonnes of cotton produced by the organisations smallholder farmers in Africa. Some 30 companies and brands use CmiA cotton for their textiles. Bonprix, part of the German Otto Group was the biggest buyer of its

Textile industry in processing of cotton makes use of large number of chemicals, minimizing their use with the help of nano-technology will be key to improvements in the industry. The Central Institute for Research in Cotton Technology (Circot) Mumbai under its nano-technology mission developed nano-cellulose from cotton waste which can be used as spinning oil in the textile industry. One of the team leaders in the project N Vigneshwaran said that the spinning oil prevents the breaking of the

The Indian Society for Cotton Improvement (ISCI) in collaboration with the International Cotton Advisory Committee (ICAC), the Central Institute for Cotton Research (CICR) and the Central Institute for Research in Cotton Technology (CIRCOT) organized a three day Asian Cotton Research and Development Network (ACRDN) meeting. Kavita Gupta, the textile commissioner of India speaking at the valedictory function said that the second technology mission on cotton in the offing all this seems possibl