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To prevent the duplication of fake goods in local market, the Union Textiles Ministry has decided to brand handlooms and is thinking of giving the industry a heritage label. To promote textiles, a council had been assigned with the task of creating a handloom brand for hand-woven commodities in order that they were not duplicated, said Chairman of Tamil Nadu Handloom Export Promotion Council M Sivakkanan.The council is already in full swing to create a brand and the ministry also financed design
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The Iranian hand-woven carpets worth $197 million have been exported in the first six months, this year. Germany and United States topped as buyers sharing 63 percent of the total exports. However, carpet exports have seen a 5.6 percent drop against previous year.Notably, the handicraft export crossed $262,000,000 mark at 14 percent, this year, which include hand-woven carpets also.After hand-woven carpets, turquoise and precious stones were the second largest exported products for this year.
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Recycling industry information provider Recycling International announced that the growing demand for high-quality sorted clothing.In Europe, premium and No 1 qualities are proving saleable to Eastern Europe and Africa in particular, with the result that many sorting companies have increased their capacities.In North America, material generation has been affected by hurricanes Katrina and Rita; there is currently a slight shortage of wiping cloth material and demand is quite firm.EuropeExperts i
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Statistics Sweden released the Consumer Price Index (CPI) for September 2005.Higher prices on clothing and footwear but unchanged inflation rate.Swedish consumer prices increased on average with 0.7 percent from August to September. The inflation rate in September was 0.6 percent (0.6 percent in August and 0.5 percent in September 2004). CPI for September 2005 is 281.9 (1980=100).The Net Price Index (NPI), index number (1980=100), monthly and annual changes, has been revised for August 2005. Hig
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GENEVA - Job losses from the lifting of global trade quotas in the textile industry have been lower than forecast, the U.N. labor agency said Monday.
In a first assessment since the quotas were lifted Jan. 1, the International Labor Organization found that the situation is less dramatic than predicted, though employment in the textile industries of many countries, including in Europe and the United States, has declined.
"The dire consequences that were predicted, at least up until now, have no
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VANCOUVER (CP) - Two of China's most powerful politicians encouraged Canadian investors to look for new trading and business opportunities in China on Monday.
Speaking to the Hong Kong-Guangdong Business Forum, Donald Tsang said Canadians have a golden opportunity to use his city to gain faster and safer access to mainland China. "The world is beating a path to the mainland market, and China is becoming a global trading juggernaut," Tsang, the Hong Kong government's chief executive, told 1,500
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India has now become the second most preferred alternative after China in textiles and emerged as a "one-stop shop" for retailers and apparel companies looking for a reliable destination for their sourcing solutions, a CII study has said. After dismantling of quotas in textiles from this calendar year, South Asia holds 14 per cent and 9 per cent share in US and European markets respectively and is expected to be major gainer of safeguards on China with India soon leading the race, the study on t
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The 2004-2005 China Garment Awards has started its search to find China's own top 10 national fashion brand of the year.The award ceremony will take place in March 2006.Around 200 brands have signed up for secletion ,competing for the top 10 honours that will be awarded in the fields of brand genre,quality,potential and value,among others.Dubbed by fashion doyens as "China's fashion Oscars",the annual event was lauched last year by the China National Garment Association to introduce Chinese bran
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Affected by lower sales to major buyers, Taiwan's exports of polyester textured yarns have so far fallen 23 per cent in 2005. Hong Kong and China took in considerably less volume from Taiwan than last year. Sales to Spain and the US were significantly up. Prices are up on average but have been falling since March.
The volume of Taiwanese exports of Polyester Textured Yarns in HS category 540233 has fallen 23 per cent, according to data from Taiwan's Customs covering January to July 2005.
In va
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HA NOI ?Viet Nam has so far this year earned US$2 billion in garment exports to the US, reported the Investment and Planning Department under the Ministry of Trade.
In the first nine months of this year, the average price of Vietnamese garment categories which are exported to the US, dropped 3.6 per cent compared to last year? corresponding period, the department said.
Government to set up energy regulatory authority
HA NOI ?The Prime Minister issued a decision on Wednesday on the estab