Thehas urged the ministry of textiles to levy a temporary additional duty on imports of garments and fabrics from all countries, including those with whom India has free trade agreements (FTAs) or zero-duty agreements. CMAI is the pioneer and most representative association of theFor a long time, CMAI has been drawing the government's attention to the dangers posed by duty-free imports of garments from Bangladesh, as it also allows back-door entry of Chinese fabrics into India, consequently

are estimated to have nosedived 80-90 per cent in April and are not expected to revive in a hurry. Yarn exports to major buyers like China and Bangladesh have declined due to the COVID-19 pandemic. Consequently, yarn exports are likely to slide 35-40 per cent yar-on-year during the ongoing fiscal 2020-21, according to."Indian merchandise exports fell 13 per cent (in dollar terms) in the quarter ended March (on-year), and a steep 60 per cent in April as the COVID-19 pandemic and shutdown of

Retail business was down by 41 per cent between March 1 and April 30, driven largely by store closures, according to a report by artificial intelligence-powered customer data platform Amperity, which recently said apparel, home and jewellery are the hardest-hit sectors while food and beverage and health and beauty are showing year-on-year (YoY) increases.Pic: ShutterstockFinancial uncertainty and job loss have driven steep declines in discretionary categories, including apparel, and heavy promot

The Indian government is exploring new financial lending institutions to support small-scale units in terms of financial support.The government is also working towards strengthening the non-banking financial corporations (NBFCs) which will help small businesses to avail easy credit in the coming time,has said.Pic: ShutterstockSpeaking at a meeting via video conferencing with the members of Calcutta Chamber of Commerce onand the measures taken to address the challenges at hand, Gadkari said, &quo

© Stoll.Stoll Italia’s flat knitted developments for home textiles and accessories, which have exhibited at recent shows, clearly show the versatility of flat knitting.“Stoll Italia has always been a trendsetter and is a pioneer in the field of innovative and unusual knitting patterns on the Italian and the world market. The company's impressive patterns and ideas are regularly presented at the most famous exhibitions in the world such as Pitti Filati and ITMA,” comments German parent compan

Magic, the fashion tradeshow that takes place in Las Vegas annually around August, has announced postponement of the show at least till September this year.Image Courtesy: fashionmingle.netInforma Markets, the parent entity of Magic, has revealed the new dates will be from 29 September to 1 October instead of the originally decided upon 17 to 19 August.The Las Vegas Convention Center will continue to serve as venue.Informa Markets is also preparing the venue to meet the requisites of social dist

In March imports of Japanese textiles and clothes dropped by 2 percent year-on-year, to 216.500 tonnes, according to the latest data provided by CCF Group Trackers. Of these, Chinese imports decreased 4% to 105,300 tonnes. Japanese textiles and clothing imports in the first quarter totalled 605.000 tons down 7.5% year on year; China’s amount stood at 286.000 tonnes.In the first quarter of 2020, the demand for imports of Japanese textiles and apparel decreased sharply and China’s volume declined

AMSTERDAM – Progress towards the ‘Circular Economy’ in the textile sector has primarily focused on the recycling and re-use of fibres and fabrics. But very little work has been done on the chemicals used to manufacture, recycle and remanufacture these products – until now.A landmark report onChemical Circularity, commissioned by the Laudes Foundation and written by Phil Patterson of Colour Connections Consultancy, sets out a roadmap for changing the whole relationship between the textiles and fa

A massive half-price clothing sale has been launched by Marks & Spencer as the high-street shut down is leaving stores with unsold mountains in spring and summer. The distributor called the promotional flash a rainbow sale and hands over 10% of the income to NHS organizations. Sales give shoppers a minimum of 50 percent discount in the store. Summer clothing from €40 to € 15 is included in the wear and half-price jump suits at £ 29.M&S is donating 10 per cent of the purchase price, exclu

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) recently demanded that the government continue with the existing reduced rate of 0.25 per cent source tax and 10-12 per cent corporate tax for the next five years so that the sector turns competitive.Pic: ShutterstockBoth the associations presented their budget proposals to the National Board of Revenue highlighting steps needed for the sector to figh