The Ministry of Textile Industry held a meeting of the Textile Board after a gap of eight years, an official told Dawn on Monday. The board, reconstituted in July 2014, met in the capital with Federal Textile Industry Minister Abbas Khan Afridi as its chairman. The Federal Textile Board was originally established in the year 2005 and its last meeting was held on April 27, 2006. According to records, it met 14 times in all to review the existing laws, procedures and recommend measures

A Danish trade delegation visit Pakistan to explore opportunities for investment and trade in various sectors but see great potential especially in textile and energy sectors of Pakistan. There is great scope for Danish companies to establish their concerns in Pakistan with technology and land at low cost. Moreover, Pakistan has been given the Generalized System of Preferences (GSP) status by the European Union making it more attractive for sourcing companies, especially in the textile sector

Jute demand has been on a down slide forcing many jute mills in West Bengal to down their shutters or go for reduced shifts. There has been a production cut of 30 to 40 percent in the last few months because of drop in order flow. According to industry officials, jute mills in West Bengal are running at 60 per cent of their capacity and about one lakh workers have been rendered jobless. West Bengal has 64 of the 84 jute mills in the country. Industry leaders attribute the slowdown to the P

Among many measures, a mix enrichment improvement, helped NYSE-listed and a producer of recycled yarns – Unifi Inc post a 3.3% hike in sales in first fiscal quarter ended September 28, 2014. In its preliminary operating results for the first fiscal quarter of 2014, Unifi said net sales increased $5.5 million or 3.3% to $174.2 million versus $168.7 million for the prior year quarter.“The year-over-year improvement in net sales is attributable to improved volume in its nylon and global segments,

Due to the uncertain economic outlook in some major markets , and in the European Union and the United States in particular, Thai garment exports likely to see relatively flat growth in a range of zero to 5 percent next year against expansion of 2-3 percent this year, according to the industry. Besides deflation in EU countries and concern over the pace of recovery in the US, the forecast also takes into account the loss of EU import-duty privileges for Thai garments early next year. Howe

Indian textile and apparel exports to US have risen nearly 7 per cent during January-August 2014, according to the US Department of Commerce’s Office of Textiles and Apparel (OTEXA) data, compared with an average 2 per cent annual growth in the last five years. The Centre’s ‘Make in India’ pitch seems to have already found resonance in the country’s textile and garment industry, with India’s exports to its largest single market, the US, headed for a record surge this year. While a renewed

Even as the Ministry of Textiles opens tenders for appointment of a cluster management and technical agency for development of a powerloom mega cluster in Surat, the industry is expecting a boost to textile exports from the cluster. According to the Powerloom Development Export Promotion Council (PDEXCIL), post such a mega cluster, the industry expects a global share of 10 per cent by 2017-18 from current 5.2 per cent."The mega cluster at Surat, among other places, will boost exports so much so

Topshop's most famous customer Beyoncé is taking her appreciation of the British brand a step further: on Friday, the US-american singer has formed the 50-50 joined venture company Parkwood Topshop Athletic Ltd. with the multinational retailer. According to WWD, the first brick-and-mortar and online stores of the new athletic streetwear or "ath-leisure" brand could be launched in the fall of 2015 at the earliest. Topshop is expected to reveal further details about the deal in London today.

The textile and clothing companies have newly formed Botswana Textile and Clothing Association (BTCA) that will help in enhancing growth and sustainability of their trade in highly competitive market. It also aims to eliminate the existing competition, especially from Asian companies in the textile and clothing industry. According to BTCA founding president, Mr Shahid Ghafoor, it would promote the development of a globally competitive and sustainable textile and clothing sector in Botswana.

Pakistan value-added textile exports has witnessed growth by 10pc touching $2.3bn in the first quarter (July-September) of this fiscal year compared with $2.1bn a year ago. While on the other hand, spinning-based exports (non-value added) continue to decline by 15pc to $1.2bn from $1.4bn which were offset by higher exports of valued-added segment (bedwear, knitwear and readymade garments) as per the latest data released by the State Bank of Pakistan. The increase in the value-added segment wa