BOTH China's exports and imports surged in May, beating expectations, customs data showed Thursday. Exports in yuan-denominated terms hit 1.32 trillion yuan (about 194 billion U.S. dollars) last month, up 15.5 percent year on year, higher than market expectations and the 14.3 percent growth in April, according to the General Administration of Customs (GAC). Imports grew 22.1 percent in May, much faster than market forecasts and the 18.6 percent growth in April. This led to a monthly tra

The RMG sector earned $25.62bn with a 2.16% rise, but failed to reach its target of $27.38bn. Export earnings of the country rose to $31.79bn in the first 11 months of the FY 2016-17 from $30.66bn in the same period of the FY 2015-16. The number reflect a 3.67% increase in total export earnings. However, the latest Export Promotion Bureau (EPB) data showed a slower rise in earnings in the last month, when the country earned only $3.07bn. The figure is 8.52% less than the target of $3.3

The cotton market witnessed a listless trading session on Thurs­day as spinners kept themselves away from trading activities. The Karachi Cotton Association left its spot rate unchanged. A cotton broker said that the expectations to produce 15 million cotton bales this year did not seem to be fulfilled as the sowing in tail areas has been badly affected due to the unavailability of irrigation water. He said although the government has yet to announce its target for new crop, it will be

The leading position of China as the main supplier of textiles and apparel to the EU has continued to be eroded in 2016, by the increasingly vigorous entry of other production zones. Undeniably, the main beneficiary of this was the SAARC zone, which has grown slowly but steadily since 2010, according to the European Apparel and Textile Confederation. Mediterranean countries have experienced the same scenario as China between 2010 and 2015, but import shares have stabilised or even improved in

Picking up the baton from March's Spring Edition, the 2017 Autumn Edition of Intertextile Shanghai Apparel Fabrics, the most influential industry trade event of the year, is on track to exceed last year’s sourcing options, with around 80 per cent of the available exhibition space already booked. The event will take place in China from October 11-13. This year the hall layout will make it easier to navigate around the fairground. All international exhibitors will be located on level 2 includin

At the Karachi Cotton Exchange on Tuesday trading remained slow with only two transactions recorded of 1,600 bales at a price in between Rs7,000 to Rs7,050/maund. Rahimyar Khan’s 800 bales were sold in between Rs7,000 and Rs7,020/maund, while 800 bales of Yazman Mandi exchanged hands at Rs7,050/maund. The spot rates remained unchanged at Rs6,800/maund (37.324kg) and Rs7,288/40kg. Ex-Karachi rates also stood firm at Rs6,935/maund and Rs7,433/40kg after an addition of Rs135 and Rs145 as upco

No further details have been released by the Swedish fast-fashion company, which has also previously announced plans to launch its first stores into Colombia, Iceland, Kazakhstan and Georgia yet this year. Founded in 1947, H&Ms business credo is to offer fashion and quality at the best price in a sustainable manner. Other brands in the Hennes & Mauritz group include & Other Stories, Cheap Monday, COS, Monki and Weekday, as well as H&M Home. The H&M Group has more than 4

A new graphenefiber developed by a localcompany has been recognized by the nation’s top science body and has beenused to produce clothes, sports wear and underwear products. The technology, whichmakes graphene completely combined with high polymer materials under room temperature, adds special function to ordinary textile products like antibacterial, ultraviolet-proof, anti-static and heat preservation effects. An expert appraisal meeting organized by the Ministry of Science and Technology

RED Valentino shows off the more casual side of high fashion with the release of its spring-summer 2017 campaign. After appearing in the fall advertisements, singer-songwriter Birdy joins upcoming models Ina Maribo Jensen, Tandi Reason Dahl and Mia Gruenwald. Photographer Scott Trindle captures everyday scenes around London ranging from diners to buses and stairwells. The new season spotlights bold patterns and color combinations. From a striped red dress available at Simons to crocheted knit

UCMTF, the French Textile Machinery Manufacturers Association, presented its French Textile Machinery Manufacturers’ partnerships with customers at the recently held Techtextil expo in Germany. It helped identify the textile producers’ needs to design innovative textile products and the necessary tests of both the machines and the textile new products. N. Schlumberger, the world leader in spinning lines for processing long staple fibres, participated at the expo. Patrick Strehle, sales direc