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  • July exports of textile and garment products fell 12.3 percent year-on-year, sharper than the 6.8 percent decline in June, the 21st Century Business Herald reported today, citing an unnamed source. China's textile and garment exports totaled $89.2 billion in the first seven months of this year, down 11.3 percent year-on-year, the paper said. Source: China Daily
  • China's Taiwan is the leading investor in Cambodia's garment sector with 68 factories out of 274 in operation, local media reported on Wednesday. The industry figures were released by the Garment Manufacturers Association of Cambodia (GMAC), an industry body. Kaing Monika, GMAC's external affairs manager, was quoted by the Phnom Penh Post as saying that Chinese mainland is the second-biggest investor in the sector, with 55 factories. China's Hong Kong is third with 51 factories, while
  • The Bangladeshi government and apparel factories' owners continued to completely douse the blaze of labor unrest at a mega industrial belt Ashulia on the outskirts of Dhaka for the fourth straight day on Tuesday. The unrest, triggered on June 27 reportedly by a trifling issue of not allowing three workers to join work due to late presence, turned severe in the last three days, leaving 2 workers dead in the clash with police and hundreds of workers and policemen injured. Thousands of an
  • The Vietnam's Garment and Textile Association said that the country is making efforts to boost garment and textile exports up by 6 percent in the second half of the year, the local newspaper Vietnam Economic Times reported Wednesday. Vietnam suffered a 4.7 percent decrease year-on-year in export turnover of garment and textile in the first half year to 4.14 billion U.S. dollars, said the association. The decrease was due to shrinking demand from the country's traditional markets caused
  • Amazon said Wednesday that it is acquiring Zappos, an online shoe retailer, for 10 million shares of Amazon stock, which was the largest acquisition in its history. The stock used for acquisition was worth about 887.9 million U.S. dollars at Amazon's current level. Amazon also said it would give Zappos employees an additional 40 million dollars in cash and stock. The deal is expected to close in the fall. Zappos, a private U.S. company based in Henderson, Nevada, has won fans with perk
  • The use of plastic shopping bags at supermarkets and retail chains in Hong Kong dropped by as much as 80 percent since an environmental levy was imposed a month ago, a local retailer association has said. The number of those who visited stores with shopping bags of their own also increased by 67 percent, local newspapers reported Saturday. Nevertheless, a survey also showed that 58 percent of stores and business owners complained of falling turnover on Fridays and weekends, said Caroli
  • China's cotton planting area in 2009 has declined an estimated 11.34 percent from last year, said a report on the official website of the China Cotton Association (CCA). Based on its survey in 13 major cotton-planting areas, including Hunan and Jiangxi provinces and the Xinjiang Autonomous Region, the CCA said that the planted area would reach 5.21 million hectares this year. Faltering demand from the textile industry had depressed cotton prices and reduced farmers' willingness to prod
  • In the hills of southwest China, centuries of isolation have led the people of Miao nationality to cultivate a unique culture and dress style that few outsiders would recognize -- unless you saw the Disney animated film Mulan 2. While ethnologists fret over cultures endangered by the encroachment of modern life, many ethnic skills and motifs are being reinvented and incorporated into global culture -- particularly in the field of fashion. "From 2004 to 2006, I mailed many embroidery pieces
  • Bangladesh's home textile export growth in first 11 months of the just concluded 2008-09 fiscal year slowed down to 10.14 percent against the same period a year earlier as global recession hurt market in developed counties, officials said on Tuesday. According to statistics of the Export Promotion Bureau (EPB), the South Asian country fetched 290.36 million U.S. dollars from exports of home textile items like bed linen, kitchen curtain, mosquito nets, bed pad as well as furnishing fibre in
  • Dow Corning Corporation, a leader in innovative silicone technology for the textile industry, has added two new product lines to its Dow Corning brand Active Protection System family of impact protection materials. The S-Range is based on 3D spacer textile technology while the TP-Range is based on thermoplastic technology. The two new lines were recently introduced at Techtextil 2009 in Frankfurt, Germany. First launched in 2006, the patented silicone-based impact protection materials are comfor
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