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  • Custo Barcelona, the Spanish apparel brand of Custo Dalmau — the designer of clothes for 80 episodes of Sex and the City and dresses for Hollywood celebrities like Julia Roberts, Jennifer Aniston, Penelope Cruz, Beyoncé and Shakira — is set to make its India entry this weekend. The brand will start its operations here with two stores, in Delhi and Mumbai, and then expand over a period, according to Dalmau. Its sale will be limited to exclusive outlets, and there will be no multi-brand retailing.
  • Selective buying by mills seen on the cotton market on Monday in the process of trading, dealers added. The official spot rate was higher by Rs 50 to Rs 4,950, dealers said. In the ready session, nearly 8,000 bales of cotton changed hands between Rs 4700 and Rs 5250, they said. The seed cotton in Sindh was available at Rs 1800 and Rs 2400, in Punjab rates were at Rs 1800 and Rs 2800, they said. Market sources said that despite the fact that the ginners, who are under pressure because of expe
  • The price index of issue 20150112 of “China • Keqiao Textile Index” closed at 103.54 points, 0.04% lower than that of last period, 0.04% down from the beginning of this year, and decreased by 1.74% YOY. According to statistics, the total turnover of textile in China Textile City in December 2014 is 782.29 million meters, increased by 10.77% MOM and 12.53% YOY; the total turnover from January to December is 5460.92 million meters, increased by 13.35% YOY. The textile transaction in China Texti
  • Wool is New Zealand's 14th largest commodity export, worth an estimated $741 million in the year through November. Wool prices softened at the latest auction amid high seasonal supply from the 'main shear' shearing season from December to early February. Main shear typically accounts for about 60 percent of the annual crossbred wool clip. An increase in the New Zealand dollar since the last auction weighed on exporters, with the kiwi recently touching a 2 1/2 year high against the euro and close
  • Kaya Group, Turkish company involved in textile sector, is planning to start textile business in Georgia. For this purpose the management of the Turkish company Kaya met the Georgian Prime Minister Irakli Gharibashvili on January 12. The two sides discussed the investment project which is designed by the Kaya Group to produce textile production in Georgia and export it to EU markets. They believe that the joint projects will enhance their economic relations in the coming years and will di
  • The Government of Telangana, a state carved out of the erstwhile Andhra Pradesh and which came into came into existence as the 29th state of the Indian Union in June last year, is planning to develop Warangal—the second-largest city in the state—as a textile hub. Speaking to reporters in Hanamkonda after this four-day tour of the Warangal district, chief minister K Chandrashekhar Rao said that under the ‘Plan our Warangal’ programme, the state government is preparing a master plan to develop
  • Italian weaving technology specialist, Itema S.p.A is exhibiting at Southern India Mills Association (SIMA) organised, textile trade fair, Texfair which is currently underway in Coimbatore. Itema is the only manufacturer in the world to provide the top three shuttleless weft insertion technologies: rapier, airjet and projectile.In the last two years, Itema has experienced a period of unprecedented growth, which has continued in recent months despite the slowdown in the global textile market.Ite
  • A file photo shows workers busy at a garment factory in Dhaka. The country’s apparel exports to the US market in the 11 months of 2014 fell by 3.50 per cent to $4.48 billion against $4.65 billion in the same period of 2013 due to sluggish demand for apparel in the market and compliance issue in Bangladesh. — New Age photo The country’s apparel exports to the US market in the 11 months of 2014 fell by 3.50 per cent to $4.48 billion against $4.65 billion in the same period of 2013 due to sluggi
  • A worker stacks up finished and packed apparel products at a factory in Dhaka. The ongoing political unrest affects transportation of goods to Chittagong sea port for shipment Bangladesh’s garment manufacturers and exporters yesterday said the industry is in a deep trouble again due to latest spate of political unrest. The pain had no sooner come than fading away effect of Rana Plaza tragedy and political unrest in 2013. “The blockade that began on January 4 has already wiped off Tk4,5
  • Confederation of Indian Textile Industry Chairman Prem Malik at the inauguration of Texfair, an international textile machinery, Spares and Accessories Expo which began in Coimbatore on January 9, emphasized on the potential of Man Made Fibres Industry. According to CITI the Indian textile industry has the potential to cross a turnover of $ 350 billion by 2025 if it diversifies to new product categories like Man Made Fibres (MMF). Though the government has set a too ambitious revenue targe
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