The ongoing slide of the Indian currency is poised to cause some major dents to Bangladesh’s garment business abroad, seeing that the two neighbouring countries compete in the same segments globally. The rupee slumped to a record low of 68.75 to the dollar yesterday amid growing concerns over the health of the Indian economy. Although both the Bangladeshi taka and the Indian rupee now have more or less the same denomination value against the dollar, the rupee’s downtrend suggests it is bound

Japan's biggest oil refiner, JX Nippon Oil and Energy Corp, said it had restarted its 443,000 tonnes-per-year (tpy) naphtha cracker in Kawasaki, near Tokyo, on Thursday after an unplanned shutdown. The cracker had been halted following a power outage on Aug. 18. Source: Reuters .

Dunning Golf, a premium brand of high performance golf clothing, is introducing Heritage Performance Cotton to the Spring 2014 season. Over the last two years, Dunning Golf has worked to engineer a fabric that offers premium performance while recognizing the heritage and understated history of the game. The new collection combines luxury pima cotton with proprietary technical fibers resulting in a new performance fabric that looks and feels just like cotton with premium moisture management.

Apricot Lane, a consistent leader in the retail franchise industry has quickly moved to the forefront of chic boutiques since its launch in 2007. Owned by Country Visions, Inc, the company is on target to open twenty stores in 2013 bringing its total store count to 95 across 38 states and projecting an impressive $45 million in 213 system sales. The increasingly popular Apricot Lane Boutique Franchise, owned by Country Visions, Inc., is anticipating exponential growth during Fall 2013 Spring

Tessuti, purveyor of the latest designer fashions for men, women and children, announces its latest store location has just opened in Liverpool's premier shopping district, Liverpool One. On two floors, Tessuti's newest location offers designer clothing for men and women, featuring some of the most sought after brands in fashion. The Liverpool One store offers a fine selection of menswear including such top names as Armani Jeans, Hugo Boss, Lyle and Scott and Billionaire Boys Club. Fashions i

The world has become smaller with the advent of technology and it has revolutionized the shopping behavior of apparel consumers. This necessitates apparel brands and retailers to focus on innovative technologies to reach to their potential buyers. Dr. Andreas Seidl, CEO of Human Solutions, a software provider for fashion and other sector, told fibre2fashion, “The interactivity of the web, the immediacy and ubiquity of mobile technology as well as the rise of social sharing and online communit

As part of its focused investment strategy on the U.S. Gulf Coast to integrate advantaged shale gas, The Dow Chemical Company confirmed the locations for expanding four of the Company’s leading brand franchises in Texas and Louisiana. These actions, together with the Company’s collective, high-return investments in this region, are expected to drive strong revenue growth and generate approximately $2.5 billion in EBITDA once fully operational, enabling Dow to address growing customer and valu

After getting certificates from the buyers, the manufacturers will be able to do business comfortably. Buyers from Europe and America are going to start inspection of at least 2,000 apparel factories in the country from September 15 to ensure proper structural designs and fire safety of the buildings. “It is good for the industry,” Bangladesh Garment Manufacturers and Exporters’ Association (BGMEA) President Atiqul Islam told the Dhaka tribune Wednesday. “After getting certificates from the bu

Beijing's Soho Sanlitun Shopping Centre | Source: Shutterstock China will widen the scope of its consumption tax to include more luxury goods, the official Xinhua News Agency reported, a sign that some high-end brands may become more expensive for purchasers on the mainland. The Asian nation is also targeting goods that cause heavy pollution or use excessive levels of energy for consumption tax adjustments, Xinhua said on its official microblog today. The news agency cited a report by Chin

Shenzhou International Group Holdings Ltd, one of the largest vertical knitwear manufacturers in China, has reported significant advantages from using Uster Statistics to help specify its yarn requirements. As a supplier of clothing to leading international names such as Uniqlo, Nike, Adidas, Puma and Kappa, as well as serving its own growing cluster of retail stores across China, the company has stated that yarn quality is a prime consideration, and careful sourcing is absolutely crucial to