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  • Intertek, a leading total quality assurance provider to industries worldwide, has announced expansion of its textile testing capabilities in the US, with the launch of new services - which include evaluating evaporation/drying rates, water vapour transmission rates and antibacterial/antifungal properties - for the fast-growing activewear sector. These services are new to the US market and offer manufacturers of activewear, furniture and outdoor fabrics a more efficient, timely testing option
  • Vinatex’s (the Vietnam Textile & Garment Group) CEO Le Tien Truong has said that the current production capacity of the textile & garment industry has exceeded the $35 billion per annum threshold. The small scale of the domestic market is not the alternative market for Vietnamese garment companies to target when exports fall, he said. Vinatex said that 2016 was a tough year for the industry as the demand from the largest export markets declined. The exports to the US decreased by 3
  • The Italian Trade Agency, the National Association of Manufacturers of Footwear, Leather Goods and Tanning Technologies, and the Vietnam Leather, Footwear and Handbag Association (LEFASO) have inaugurated the Italy-Vietnam Footwear Technology Centre at the Lefaso Centre in the southern province of Binh Duong’s Di An district. With its experience in the leather industry, Italy will assist Vietnamese companies in improving product quality through collaboration and the launch of the centre, whic
  • Islamabad Chamber of Small Traders (ICST) on Sunday said textile sector is slowly collapsing and the government should take note of the plight of this sector. ICST Patron Shahid Rasheed Butt said that weak trade diplomacy and semi-educated export managers proved to be a double whammy for the export sector which was already reeling under various problems. Failed trade diplomacy is one of the reasons behind dwindling exports which has forced the government to borrow from international lenders r
  • China and the United States have no interest in a so-called trade war, said experts on Thursday, pointing to significant progress in the implementation of the China-US 100-day action plan, particularly in agricultural, energy and high-end manufacturing products trade. Their comments came after the Chinese government last month lifted a 13-year ban to allow certain categories of US beef to be imported into China. They will also jointly announce the conditions on imports of US chicken products
  • Despite having huge potential in home textile, Bangladesh is unable to expand its market share in the European Union because of duty benefits extended to Pakistan, a cotton grower. Bangladesh, on the other hand, is a 100 percent cotton importer. In December 2013, the 28-nation bloc granted Pakistan the GSP Plus status for four years. The GSP Plus status allows 20 percent of Pakistani exports, including home textile, to enter the EU at zero duty and 70 percent at preferential rates. “Ban
  • RadiciGroup, a multinational company engaged in the chemicals, plastics and synthetic fibres businesses, has reported a sales revenue growth in the first half of 2017, but slightly lower sales revenue of EUR 946 million in 2016, with sales volume in line with 2015. EBITDA for the financial year was EUR 110 million (+8%). “The Group is solid and well organised. The slight drop in sales revenue can be attributed to the falling trend in raw materials prices, which thus affected our figures. The
  • Khadi Board has given some style to kanwarias attire even as the devotees ready themselves for the trip. The Jharkhand State Khadi Board has designed specially knitted orange coloured garments for men and women to be sold on discounted rates. The new items introduced include designer bags, kurtis, patiala salwar suits, Nehru jackets in saffron colours. "We have specially designed garments for devotees. These have been designed by artists from Hariharganj who have used cotton threads to make
  • As gender norms become less and less restrictive in society, the idea of carrying a tote or small crossbody was no longer seen as just a feminine thing. If a woman could carry a handbag, a man could to. Between that and the era of "peacocking" menswear has entered, men's fashion lovers are now fearless when it comes to drawing attention to themselves. As the men's wear market is also seeing continuous growth, brands are capitalizing on every category possible too. What may have seemed like
  • CHINA'S foreign trade expanded at the fastest pace since the second half of 2011, buffering the economy from a slowdown amid headwinds at home and abroad. Exports in yuan-denominated terms rose 15 percent year on year in the first half of this year while imports increased 25.7 percent, customs data showed Thursday. That led to a trade surplus of 1.28 trillion yuan (188 billion U.S. dollars) in the same period, down 17.7 percent year on year, according to the General Administration of Custo
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