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Political and trade relationship was most important for the Government on long terms basis than saving grace of the country's clothing and textile industry that could not sustain the rising demands of global competition, advised a high ranking government official to the wilting textile industry of the country, yesterday. Iqbal Sharma, Trade and Industry Deputy Director-General informed that partnering with China would be a great opportunity as it was the fastest-rowing economy in the world, and
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Month of September witnessed steady demand for imported cotton yarn as they climbed 13,373 tons showing a rise of 27 percent, year-on-year basis. Shipments from India (+18.2 percent), Pakistan (+37 percent) and China (+43.6 percent) continued to grow with India and Pakistan grabbing 75 percent of the total imports volume share of cotton yarns by South Korea. Thailand and Vietnam also exported large quantities of cotton yarn to South Korea. However, the cumulative demand during January-September
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RESEARCHERS at Donghua University have invented new energy-storage clothing ?to be used in space flights and in daily wear ?that keep people warm or cool, and always comfortable, regardless of the outdoor temperature. And the phase-change fabric looks and feels just like cotton or wool. Spacemen, spacewomen and ordinary consumers should like it. Donghua University is working with scientists to develop new space suits and other garments for spaceflights, first the space suits for a projected 2007
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The latest data published by the Chinese National Commercial Centre reveals that during the first seven months of 2005, retail demand for wool-type apparel was quite high, while during the same period last year, the growth rates were low on the higher levels.With women's wear beating other products, all major wool-type apparel categories excluding jackets, registered tremendous annual profit. Men's suit sales, a key wool segment grew at a somewhat slower rate. Sources from major women's wear com
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QUAKER FABRIC CORPORATION (NASDAQ Symbol: QFAB) today reported net sales of $46.5 million, a net loss of ($7.2 million), and diluted and basic losses per share of ($0.43) for the three-month period ended October 1, 2005; compared to net sales of $63.6 million, a net loss of ($2.1 million), and diluted and basic losses per share of ($0.13) for the corresponding period of fiscal 2004. Quaker's financial results for the third quarter of fiscal year 2005 include after-tax restructuring, including as
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Using imported carded cotton yarns instead of spinning the lower grade domestic cotton or to import international low grades, is turning to be economical beneficial for several Chinese textile mills. Fixing of the minimum cotton import price seems to have impacted the economics of importing low grades, as one of the many reasons offered. Indian low count carded yarns proves very economical for these mills. This is proved by the January through August carded cotton yarn import volume, which reach
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Sales at large retailers reversed course in August, declining 0.5 percent. .Sales had been up by about 1 percent in each of the two previous months. .Prior to this, other than slight declines in April and May, sales have risen steadily in 2005. .In 2004, sales increased rapidly up until the fall, before decelerating in the final few months of the year.In August, five of the eight major commodity groups saw their sales decline compared to July. .Sporting and leisure good sales, as well as clothin
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Carpet fiber maker Solutia announced the commercialization of its new nylon 66 impact-modified product line. This new product line, the 50 Series, provides superior performance in the following areas:?xcellent impact resistance, based on the latest technology; ?uperior flow and processing due to limited material-related plate out; and ?utstanding surface appearance as a result of better flow characteristics.This new offering provides manufacturers and designers with better options when developin
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In the first five months of 2005, home textile exports from China soared nearly 40% from the previous year, to reach US$2.2 billion.
Although the US and EU have initiated safeguards designed to limit exports, most China suppliers are increasing production in anticipation of further dramatic growth.
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National Statistics of United Kingdom released the Consumer Prices Index for September 2005.CPI annual inflation ?the Government's target measure ?rose to 2.5 percent in September, the highest rate since the start of the official series in January 1997.For the third consecutive month, the largest upward effect on the CPI annual rate came from transport, with petrol pump prices continuing to rise, reflecting movements in crude oil prices. The average price for ultra-low sulphur petrol rose by 4.6