EU embargo has led to flooding of various ports all across member countries leading to a very peculiar situation for both retailers and consumers.Yesterday, the French Trade Ministry revealed igures indicating the state of Chinese textile goods held at various ports throughout Europe.It said 5.9 million sweaters, 1.2 million trousers, 121,150 blouses, 52,600 T-shirts and almost 10,600 bras are lying at various French ports. Besides, 40 containers holding mechandise valued at 5 to 6 million Euros

In June 2005 compared to May 2005, manufacturing of textiles and textile products declined by 0.1 percent in the EU25.Manufacturing of machinery and equipment increased by 2.6 percent in the euro-zone and by 1.1 percent in the EU25. Manufacturing of chemicals and chemical products gained 1.2 percent and 1.3 percent respectively. In June 2005, and among the Member States for which data are available, total manufacturing working on orders rose in nine Member States, fell in six and remained stable

Import customs duties for certain light and textile industries machinery may go, informed Andrei Kushnirenko, Deputy Director of the Economic Development and Trade Ministry's trade negotiations department, Tuesday. Speaking at the session of the Commerce and Industry Chamber, he said that an interdepartmental commission on protective measures in foreign trade and the customs-tariff policy would consider the cancellation of import customs duties for Jacquard looms and other equipment. Kushnirenko

Nine more major US retailers, including Gap Inc., Liz Claiborne, Lands?End, L.L. Bean, Eddie Bauer, Jones Apparel Group and Ann Taylor, with combined annual sales totalling more than US$25 billion, have sent a letter to Australian Wool Innovation (AWI) and the Australian Sheep and Wool Industry Taskforce, urging them to embrace the agreement reached between PETA and the Australian Wool Growers Association (AWGA). The letter was sent through the global retailer organization Business for Socia

Fashion show to highlight INTC in St. Louis this SeptemberNorth Carolina State? students will present fashion and apparel made from nonwoven fabricsThe worlds of nonwovens and fashion will come together in a truly unique fashion show to be presented during the International Nonwovens Technical Conference (INTC) in September. In this event, 10 students working towards a Textile and Apparel Management degree at North Carolina State University? College of Textiles -- six undergraduates, three gradu

An 8.5% export growth is expected this year according to the Trade Development Council.All this is face of rising oil, yuan revaluation and trade embargoes in markets abroad.Though exports on medium term prospects will continue to rise the council's Chief Economist Edward Leung said the pace of expansion may slacken."The 12% growth of exports for the first half was above expectations. Despite some signs of moderation in early 2005, the global economic fundamentals turn out to remain healthy," Mr

In a bid to solve the ongoing textile crisis between China and the European Union, the European Commission is dispatching its representatives to Beijing, tomorrow.On one hand, due to restrictions, European ports are getting clogged with Chinese shipments, consisting bras, pullovers and trousers while retailers all over Europe seek these products as they are likely to run out of stocks. They also fear that consumers will have to bear the brunt in case prices go up.The move is expected to resolve

Bangladesh earned approximately 8.58 billion US dollars in fiscal 2004-05 from garments exports, nearly 1 billion dollars more than that of the previous fiscal. The result shows that the textile and apparel sector has performed beyond expectation and fears about negative impact of the textile quota elimination are wrong. The International Monetary Fund (IMF) had warned Bangladesh of losing a quarter of its exports and a huge number of jobs in 2005 due to MA (Multi-Fibre Agreement) quota

The EU' restriction on textile imports from China has been one of the economic concerns in Sweden. Hennes and Mauritz (H&M), a major Swedish apparel chain, described the restrictions as damage to the free trade idea and observed irrationality in the implementation of such restrictions. In the interview over the phone, Mr. Par Darj, Head of Investor Relations with the company, complained about EU's decision of setting July 12 the deadline for shipment of Chinese textiles in its final revi

China's exports of denim fabrics substantially rose in the first half this year, according to official data that are reproduced below. Sales to Hong Kong's denim traders sharply increased while direct exports to Korea, Russia, Cambodia and India also soared. Prices were rising at the same time, in line with more value added content. China's exports of cotton denim fabrics (HS 520942) were up 17.80% in volume terms in the first six months of the year to 193 million square meters. Shipments eve