Businessmen beware! Women are no longer content with just wearing the trousers. If Paris fashion catwalks on Tuesday are anything to go by, they are coming for your ties too. The most unloved accessory in the male wardrobe has caught the magpie eye of several womenswear designers, who have dragged it from the dark of the sock drawer and promised it the love and glamour no man could ever give. Finnish brand Aalto and newcomers Jour/ne and Victoria/Tomas all featured ties, either knotted or hun

Bangladesh has earned close to Tk 72.94 billion in the fiscal 2015-16 by exporting 1.96 million bales of jute and jute products. This amount is about Tk 8.75 billion more than the amount earned by exporting these products in the previous fiscal. The total jute production of the country during the financial year 2015-16 was 8.25 billion bales. Bangladesh earned close to Tk 10.54 billion in the said fiscal on exports of 1.14 million bales of jute. About Tk 62.40 billion was earned by exporting

Powerloom owners in Coimbatore and in the Tiruppur district have stopped production in their respective units to protest against fluctuating yarn prices that are affecting their profit margins. The strike will affect business worth Rs 200 crore and production of about 85 lakh metres per day, delaying domestic as well as export business. The increasing yarn prices have affected profit margins of over 2 lakh powerloom units in Coimbatore and Tiruppur districts, said Velusamy, secretary, Powerl

At a consultation session on the free trade agreement with Turkey from February 20-25, 2017, the Vietnamese Ministry of Industry and Trade (MOIT) asked the Turkish side to consider and recognise Vietnam’s market economy and minimise the application of trade defence measures against Vietnamese goods. The MOIT expressed concern that Turkey’s increasing application of trade defence measures against Vietnam’s export items in recent times has been adversely affecting trade exchange between the two

Exporters of Leather in Punjab, especially in Lahore and Multan, are facing the worst-ever crisis due to complete stoppage of cheques of duty drawback claims. Pakistan Tanners’ Association Northern Zone Chairman Azam Malik said that exporters of Lahore and Multan are badly hit by liquidity crisis which is worsening due to held up of their funds in duty drawback refunds. Respective collectorates are unable to release pending cheques against sanctioned claims of duty drawback. “It is irony o

Mexico will continue to seek investment and export opportunities in China, Foreign Minister Luis Videgaray said on Tuesday. In a Senate hearing on Mexico's fraught relationship with the United States, Videgaray reassured the assembly of 280 lawmakers that Mexico is looking to bolster ties with China. Mexico and China have "very important trade ties," stressed Videgaray, "especially due to Mexico's imports from China, (which amount to) nearly $70 billion." One of Mexico's main objecti

As the US and Brazil pay no duties on the cotton they export to Bangladesh for its apparel industry, they should offer duty-free access for Bangladeshi RMG products made from their cotton to their markets, said manufacturers. Bangladeshi RMG products currently do not have duty-free access to these markets, even though the two countries enjoy duty-free access for the cotton they export to Bangladesh. Moreover, the US suspended Generalised System of Preferences (GSP) facilities for Banglades

Pic: Multiaxial textile made from carbon for reinforcing composites KARL MAYER Technische Textilien GmbH Technical Textiles is an expert and highly committed partner to the composites sector, and will be demonstrating this once again at the next JEC World show, to be held from 14 to 16 March 2017 in Paris. For the duration of this leading global composites fair, this textile machinery manufacturer can be found in hall 5A on stand N 54 of the Paris Nord Villepinte Exhibition Centre. Here,

In its ongoing commitment to sustainability, Downlite, a major down and feather processor and supplier of responsibly-sourced performance fills, has received a Global Recycled Standard (GRS) certification, which will be offered under its new 100% recycled re/charged down. GRS, owned and managed by Textile Exchange, is a holistic certification for products with recycled content. It provides brands with a tool for more accurate labelling to encourage innovation in the use of reclaimed materials

In India, the recorded 5-day average price fell 0.7% to INR42,440 per candy, relative to INR42,760 per candy the week before. On Monday, the price level decreased 0.94% relative to 17 February. Following Monday, the price level increased positively by 0.3% per day to INR 42,600 per candy. Despite the slight drop in 5-day average price level, relative to the week before, India’s cotton prices are still taking part in an upward trend. The 5-day average price level in week ending 14 February is