Turkish and Pakistani textile executives are divided in their opinion about the likely benefits of the Free Trade Agreement (FTA) under discussion between Pakistan and Turkey, with Pakistan opinion in favour, but less enthusiasm in Turkey. Seven rounds of talks between the two sides have taken place, and further talks may be staged in August. Asad Hayauddin, spokesperson for Pakistan’s ministry of commerce, says: “Pakistan’s trade balance with Turkey turned negative from positive in the ye

“This is the most favourable time for us to join the Vietnamese market, H&M’s 68th market with great potential in the retail sector. With various diversified fashion products, we hope to meet our customers’ expectations and inspire them to explore and create their own style,” Fredrik Famm, H&M Southeast Asia country manager, said. Vietnam is one of H&M’s five newest markets in 2017. Also, this year marks H&M’s 70th year of continuously providing trendy and fashionable clothing

Despite slower-than-expected monthly expansion, China's foreign trade growth is expected to remain on a positive track amid uncertainties for the year. The country's exports in yuan-denominated terms rose 11.2 percent year on year in July, compared with the 17.3-percent growth in June, customs data showed Tuesday. Imports increased 14.7 percent, slowing from 23.1 percent in June, the weakest monthly growth so far this year. A higher base, currency appreciation and falling commodities

The United States should resort to rules of the World Trade Organization (WTO), not unilateral trade tools such as Section 301, to resolve trade disputes with China, a former White House economist has said. Pitfalls of usingSection 301 US President Donald Trump will direct the US Trade Representative (USTR) on Monday to determine whether to investigate China's trade practices under Section 301 of the Trade Act of 1974, senior administration officials said Saturday. Section 301, once h

Top 10 Rising Categories Top 10 Falling Categories 1.Thread & Rope 4.18% 1.Apparel Lining -0.97% 2.TR Fabric 2.77% 2.Polyester -0.57% 3.Blended Fiber Grey Cloth 1.99% 3.RW Fabric -0.45% 4.Natural Fiber Grey Cloth 1.74% 4.Belt -0.22% 5.TS Fabric 1.47% 5.Viscose -0.21% 6.Chemical Fiber Grey Cloth 1.35% 6.Linen Viscose Fabric -0.20% 7.Household Textiles 1.03% 7.Cotton Linen -0.17% 8.Viscos

Japan’s bountiful visual culture has long been a place to take inspiration from. The futuristic yet traditional culture has become a fascination among western communities, translating into our creative industries, particularly fashion. Described as “another planet” by trend watcher, Ronny de Vylder. The Japanese believe in everything they do, influencing the rest of the world with their ‘Wabi-Sabi’ view of ‘finding art in imperfections’. Translated into the work of Japanese designers, Rei

Perfect Textile & Garment Manufacture Co. has joined the Cotton USA licensing programme. This joining is following the launch event of the 'Travel in Denim' collection in Guangzhou, China in June, resulting an additional 1.4 million pounds of US cotton consumption. The company is committed to becoming the best supplier of jeans in the world. We are looking forward to working with Cotton USA to further expand our US cotton product lines and becoming the supplier of global brands and retail

The Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA) has significantly raised the estimates of global cotton production, trade, use and ending stocks for 2017-18. The United States, Australia, India and Brazil will be the major exporters of cotton.The FAS forecasts Indonesia, Mexico, Vietnam and Bangladesh will be the four major cotton importers in the next US fiscal, according to an August USDA circular. The US balance sheet has area down but production up on hig

The European Commission (EU) has recently issued a notice in its official journal establishing the ecological criteria for the award of the EU Ecolabel to textile products by amending certain clauses. The notice modifies the definition of textile products to include intermediate products that can now benefit from the environment-friendly label. The validity of the Ecolabel requirements for textile products has been extended to 78 months. The criteria were due to expire in June 2018. Unde

Over 300 textile and garment units in India have agreed transition to production practices that ensure safety and well-being of workers and protection of the environment under the initiative of the government of Netherlands, a huge importer of fabrics and also a champion of labour and environment issues. The agreement, which will be governed by Netherlands laws and is signed by Dutch minister for foreign trade and development EMP Ploumen, has 64 companies, representing 80 consumer brands.