The All Pakistan Textile Mills Association (Aptma) has announced to elect its central chairman from Khyber Pakhtunkhwa this year. Two candidates, including Ahmad Kuli Khan and Shahzad Ayub, are contesting the annual elections for the office of central chairman from the province. Shahzad is the CEO of Zainab Textile Mills, which is situated at Hattar, making him eligible to contest elections for the office of central chairman from the north region. The north region of Aptma is comprised of the

Buying spree was witnessed during the first half on Monday due to fears of surge in prices. There was uncertainty that Hurricane Irma may cause severe devastation in the US state of Florida as well as the adjoining cotton growing state of Georgia. However, reports indicate the hurricane is slowing down as well as a change in its direction averted damage in Georgia, and eventually helped ease pressure on cotton market. The New York Cotton Exchange remained steady amid profit selling while

Victoria Beckham unveiled her latest fashion collection in New York on Sunday, throwing shade at her once beloved black for the colors of Play-Doh and for sparkly slippers named after her daughter. "It's Play-Doh, it's ice cream but it's not too saccharine," she said of the new colors in comments to reporters backstage at Cipriani in downtown Manhattan. "It's not too sweet at all. It's just the right amount." Guests were welcomed on the beautiful late summer morning with tall, chilled glas

ECCO Leather and DSM Dyneema have worked together to develop a new paper-thin Dyneema Bonded Leather material, which features a luxurious look and feel of leather with the strength of the Dyneema fibre. “We effortlessly cooperate with trailblazers and state-of-the-art brands to create fabrics and materials for performance-inspired apparel, footwear and accessories that are stronger, lighter, and more durable and comfortable than anything currently available,” said Noud Steffens, global busine

The stage is set for the Carpet Design Awards which enter the 13th year in 2018. Designers and makers of modern hand-made carpets have until November 1 to submit their entries for the highly coveted award. The Carpet Design Awards are an international badge of distinction, given in recognition of quality and design excellence in hand-made carpets and rugs. Presented annually at DOMOTEX, next year’s awards will be conferred in eight categories, with the winners receiving their prizes on Januar

The Apparel Export Promotion Council (AEPC) has welcomed the announcement of Gujarat government to extend its textile policy by one year. The policy which was set to expire on September 4, 2017, will now remain in force till September 3, 2018. The five-year textile policy was launched by Prime Minister Narendra Modi when he was chief minister of the state. As part of its consultations for the new textile policy for Gujarat, AEPC has asked for the availability of plug and play infrastructure f

China in its Xinjiang Uygur Autonomous Region — which is also sometimes called East Turkestan is planning to introduce 10 year textile development plan which is likely to create stiff competition to the Pakistani textile sector unlike the China Pakistan Economic Corridor (CPEC) will open new doors of development in Pakistan. According to the ten-year plan, by 2023, Xinjiang will build China’s largest cotton textile production base and the largest garment export processing base. By 2023, Xinji

Indian Texpreneurs Federation (ITF), an advisory to the members to reduce loss and to bring balance in cotton and yarn prices advised spinning member mills to reduce yarn production by 35 percent for next two months also try to avoid buying cotton at the prices to minimise the impact of financial loss, due to the slowdown in exports and also n domestic market. Due to demand and supply imbalance, yarn prices were down and with current cotton and yarn prices, standalone spinning mills were faci

According to latest figures provided by the United States Department of Agriculture (released on 10 August), expected total supply of cotton for the 2017/18 market year was revised upwards in China, due to an increase in the expected production of cotton. Expected imports and initial reserves remained the same, relative to expectations made in July. Expected total supply was revised up by 0.6% (+500,000 480lb bales) to 77.90 million 480lb bales. Despite the increasein expected cotton producti

The Pakistan Economy Watch (PEW) on Saturday asked Prime Minister Shahid Khaqan Abbasi to implement the Rs180 billion export package announced last year by the former PM Nawaz Sharif. It asked the government to support the textile sector which is the largest foreign exchange earner and second largest employment provider after agriculture. The export sector, especially the textile sector, is the backbone of the economy which deserves the full attention of the government as it is going down sin