India Carpet Export fair which saw participation of 108 exhibitors from various parts of the country with 92 international buyers, concluded on October 17, 2005, at Varanasi, in North India. During the three-day expo business deals worth over Rs 100 crore were finalised which was organised by Carpet Export Promotion Council (CEPC) and All India Carpet Trade Fair Committee (AICTFC).An interactive workshop was also held on various themes apart from showing most modern designs of carpets and wide-r

If urgent measures were not taken, the Spanish textile industry is predicted to lose about 115,000 jobs by 2010, Adri?Saws, President of the Counsel Intertextil Spanish, declared yesterday.He drew the Government's attention to the facts and sought its protection and intervention in the issues facing the textile industry of the country.Simultaneously, Saws also called upon the Spanish textile industry to reorient in times of competition, particularly from China.Speaking about the state of textile

Global machine clothing and roll covers manufacturer and supplier Xerium Technologies Inc announced that it plans to release its results for the third quarter of 2005 ended September 30, 2005, following the market close on Monday, November 14, 2005 and hold a conference call to discuss those results starting at 5 pm ET that day. The conference call will be accessible as a webcast through the company's website (www.xerium.com), following the links for investor relations and webcasts. To access th

The establishment of a Bilateral High Level Group on Trade, Investment and Economic Cooperation is on the anvil. Mexico has proposed an agreement between the two sides on the setting up of the Group and the proposal is currently under finalisation. This was indicated at a meeting between the visiting Mexican Deputy Minister of Economy, Mr. Alejandro Gomez Strozzi and Shri EVKS Elangovan, Minister of State for Commerce & Industry.Both sides acknowledged that the current size and composition o

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

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

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

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

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

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