Samsung Group, in cooperation with Shandong Ruyi Group, will invest $21.5 million in Chongqing municipality to build a textile industrial park in Southwest China. The new investment involves in three aspects, 250k-spindles of compact spun project, 50mln-meters of Ruri textiles and apparel project and 10mln-pieces of Ruri textile and apparel project. After the construction, the industrial park will be the largest textile industrial base in western area with retail revenue 10bln yuan a year. A

There's been a further improvement in wool prices at this week's sale. The exporter, New Zealand Wool Services International, says increased interest from China and India helped to lift some prices significantly. Of almost 12,000 bales of South Island wool up for auction, 88% was sold. Merino fleece made the biggest gains, with prices increasing 10% to 15% in line with the Australian market trend in recent sales. There was strong competition for fine cross bred wools, which sold for up t

The upward trend in wool prices continued at this week's sale and the Cape Wools indicator gained another 3.2% to close at R104.43/kg (clean). This is a 19.5% increase on the opening sale. The increase was prompted by good demand from all sectors of the trade and a rise in Australian prices. A slightly softer rand also supported the market. At R8.70, the rand had depreciated by 0.7% against the US dollar compared with last week’s average rate as it tracked the lower euro, but at R11.28, the cu

The 13th purchase meeting, which is the part of the textile expo activities, was held successfully on the 2nd floor of the Exhibition Ceter on 27th, Oct. More than 50 purchaserswith the requirement of apparel and hometextile fabrics attended thismeeting, who are mainly fromEurope, SoutheastAsia andMiddle East. Some of them have been to the meeting for several times before and they came with orders this time. Mostof the attendants indicated that the purchase meeting helped them to find the

On October 25, 2012, The Council of Fashion Designers of America (CFDA) Vogue Fashion Fund hosted a group fashion show, highlighting looks from each of the ten designers chosen as the 2012 Finalists. With the support of Audi, J Brand, American Express and backstage hair and makeup by Beauty.com, the presentation held at the Chateau Marmont in Los Angeles introduced the next generation of American design talent to LA’s top stylists, editors and tastemakers. Fashionable celebrities such as Jenn

The Mercedes-Benz China Fashion Week starts trends of lingerie fashion On October 25, 2012. With the idea of nature and environmental-friendliness and Chinese culture, Greenline curve makes designs even between small space full of fashionable charm, which is also the new trend of China lingerie design led by cooperation of Ordifen International Group and Chinese Fashion Association in the eighth year. Their characteristics are more distinct in terms of the process of this year’s contest. More

Matthew Williamson celebrated his 15th anniversary with an exclusive screening of his short film XV at Nobu Berkeley St in association with Swarovski. Nadja Swarovski co-hosted the event, and the film’s stars Poppy Delevingne, Charlie Siddick and Valentine Fillol-Cordier, as well as Matthew’s friends Cat Deeley, Tallulah Harlech, Yasmin Le Bon and Natalie Massenet all joined him to celebrate this special milestone. With DJ Scarlett Etienne on the decks, Nobu served canapés along with CIROC ultra

Clean Clothes Campaign (CCC) calls on Bratex management and buyers Fruit of the Loom and Viania to resolve a dispute in the factory, which has been ongoing for more than two years. Sri Lankan supplier Bratex has yet to come to an agreement with workers, meaning 31 workers remain without jobs, and workers' demands in relation to wages, bonuses and freedom of association have still not been met. The year long investigation of the Fair Labor Association FLA has failed to produce any results. The

Spanish actress Penelope Cruz and her sister Monica Cruz, in collaboration with the British lingerie company Agent Provocateur will be coming up with the new lingerie collection called the L’Agent diffusion line. The lingerie collection will include bras, panties and corsets in 15 different styles. The partnership between the sisters and the UK firm began when the company approached Monica for the lingerie designs during the autumn/winter innerwear ad campaign. The team work will continue for

Plexus Cotton Limited reported that New York (NY) futures dropped back to reality this week, as December fell 499 points to close at 72.73 cents. As anticipated the market was unable to sustain last week’s upside momentum and started to run out of buyers when December traded around 78 cents. Shorts were for the most part done covering last Friday after 3 days of heavy turnover and the trade helped to cap the rally by putting on a fair amount of bearish options strategies, most of which were i