Syria's state-owned textile industry has lost 17.6 billion Syrian pounds ($88 million/65.7 million euros) since the country's uprising began 30 months ago, the online business magazine Syria Report said Tuesday. Direct losses caused by theft and the destruction of equipment totalled 7.4 billion pounds, while losses to profit were estimated at 10.2 billion pounds, the magazine said, citing the General Organisation for Textile Industries (GOTI). Several state-owned factories have "partially

The Karachi Cotton Association (KCA) revised down its cotton spot (average) rate by Rs50 per maund (37.324 kilograms) to Rs6,850 per maund on Tuesday after the price of the commodity declined at the local markets, a dealer said. “The KCA revised down cotton spot rate after the price of the commodity slipped below Rs7,100 per maund at the local markets,” a broker at the Karachi Cotton Exchange said. He said that increase in the arrival of phutti (cottonseeds) to ginners resulted in lowering t

Despite no evidence of consumers rejecting biotech cotton, some nations have imposed "exceptionally" strict regulations on import of such cotton, according to the US-based expert Round Table. The Round Table on Biotechnology in Cotton Production that consists of experts from nine countries, has finalised the report to be unveiled later this month at the 72nd plenary meeting of the International Cotton Advisory Committee (ICAC). Source: PTI News .

With the Chinese government showing great keenness to cultivate Sri Lanka, playing host to a steady stream of businessmen, bankers and journalists from the island nation, the Lankan garment industry has begun to eye the US$ 4 billion Chinese apparels market. The prospect of Lankan companies penetrating the huge Chinese market has brightened with the two countries declaring their intention to conclude talks for a Free Trade Agreement (FTA) in 2014. “China is a huge exporter of apparels, but

A new report states the world's clothing and textile production is continuing year-on-year growth, with emerging economies leading the way. While the latest figures support forecasts for a "modest" rise in total world manufacturing growth in 2013, apparel and textile output in the quarter is lower than it was in the first three months of the year, Just-Style reports. The United Nations Industrial Development Organization (UNIDO) forecasts that global manufacturing output will grow by 2.7 perc

By the time London Fashion Week comes to a close, 58 high-end designers will have shown their collections. Rail-thin models will have walked the runways. Debate will have raged over size zero. In Cambodia, meanwhile, garment workers stitching clothes that supply the UK high street are malnourished to the point of collapse. According to a study released on Monday, a third of Cambodian garment workers producing clothes sold in the UK by global brands, including clothing giant H&M, are no

India could impose a 10 percent duty on cotton exports as early as Thursday aiming to boost overseas sales of value-added textiles to take advantage of a weak rupee and reduce the current account deficit, government sources and industry officials said. The measure is due to be considered at a cabinet meeting on Thursday, where ministers are also expected to discuss a long-delayed plan to build two semiconductor factories with government subsidies to attract some $4 billion in investment. Bot

Myanmar Investment Commission (MIC) has given its approval to several foreign businesses to invest in the country’s garment manufacturing sector in recent months. This month two companies, one from the UK and another from Hong Kong, have been given permission to bring in hundred-percent foreign investment for setting up their own business of cutting, making and packing (CMP) apparel in the country, according to Eleven Myanmar. Last month, MIC had granted permission to China-based SDI Manuf

Zensah announces the release of their Reflect Compression line at the 2013 Interbike Tradeshow. Interbike will take place in Las Vegas, NV from September 17th – 20th where Zensah will show the new Reflect Compression items at its booth, #20167. The show is the largest annual gathering of the bicycle industry in North America. Products featured by Zensah include new Reflect Compression Leg Sleeves and Reflect Compression Arm Sleeves. Bicycling is popular across the world as a form of commut

SKIN, the luxury brand of soft pima and organic cotton intimate apparel and loungewear, launches its new sportswear collection in nineteen Barneys New York stores nationwide this month. The line’s modern designs and casual yet refined styling reflect the SKIN customer: a woman who wants sophisticated, comfortable and versatile clothing to take her from morning to night. It is the brainchild of founder and designer Susan Beischel, who lives and breathes the Zen philosophy that her brand embodies.