Levi Strauss has announced leadership changes in the company. Roy Bagattini, executive vice president and president for Levi Strauss Americas, is leaving to assume a group chief executive officer position. Marc Rosen, executive vice president and president of direct-to-consumer, will become executive vice president and president for Levi Strauss Americas.Pic: Levi Strauss & CoBagattini’s last day is February 16, 2020. During his tenure, Bagattini served in numerous roles and helped set the s

Apparel manufacturers and exporters are not happy with the government's decision to withdraw Merchandise Exports from India Scheme (MEIS) for garments under HSN code chapters 61, 62 and 63 retrospectively from March 7, 2019. The decision is not a good sign for apparel exports and is expected to hit their cashflow and bottom line, industry stakeholders said.Pic: ShutterstockUnder MEIS, garment and made-up firms were receiving 4 per cent of FoB value of exports as incentives.The government'

Pakistani Prime Minister Imran Khan will inaugurate the Quaid-e-Azam Apparel Park near Motorway in Sheikhupura in March, according to Punjab minister for industries and trade Mian Aslam Iqbal, who recently said special incentives would be offered in the special economic zone and plots for setting up industrial units will also be given at subsidised rates.Pic: ShutterstockThe minister told this to a delegation of the Faisalabad Chamber of Commerce and Industry (FCCI), according to Pakistani media

The Indian commerce ministry's investigation armrecently initiated a probe into alleged dumping of viscose rayon spun yarn (VSY) by companies based in China, Indonesia and Vietnam following an application filed by theon behalf of the domestic industry requesting the government to impose anti-dumping duty on these yarn imports.Pic: ShutterstockThe association has alleged that dumped imports from these countries are causing material injury to the domestic industry.The DGTR notification said th

AbstractThe loom is a device that is used totextile fabric products and the basic purpose of any loom is to hold thethreads underto facilitate the interlacing of thethreads. The precise shape of the loom and its mechanics may vary, but the basic function is the same. Modern high-quality looms are not a result of a single moment, long decades need for development. Many man’s effort and societal factors are remaining behind this chronological development of loom. Thus, after a long period, the mod

India’s textile ministry recently announced a special one-time additional ad hoc incentive of up to 1 per cent of free on board (FoB) value for exports of apparel and made-ups. The incentive will offset the difference between the new rebate on state and central taxes and levies (RoSTCL) and the previous rebate on state levies (RoSL) and the Merchandise Exports from India Scheme (MEIS).Pic: ShutterstockThe decision followed a recommendation of the expenditure finance committee.Effective retrospec

The Indian government will ensure that cotton procured by the Cotton Corporation of India (CCI) is not kept unused, leading to problems for micro, small and medium enterprises (MSMEs), according to minister of textiles and women and child development Smriti Irani, who recently said the two-decade-old problem of obligation of Hank yarn production has also been resolved.Pic: ShutterstockShe said this while inaugurating the TEXPROCIL award function recently, according to an official press release.T

Market leader Oerlikon Neumag has its finger firmly on the pulse of their customers with the new Color Pop Compacting unit (CPC-T) for the BCF S8 carpet yarn plant, which is now available for the Polyamide 6 process. The new solution, which was on show from 10-13 January 2020 at the Domotex 2020 in Hannover, attracted great interest from many trade visitors, Oerlikon Neumag reports.“Following the trend for multi-coloured carpets, BCF S8 sets new standards in regard to color separation. The plant

is drafting a national textile policy for the development of domestic textile sector, according to the ministry of planning, finance and industry. The drafting process was initiated in January 2018 and the first stakeholder meeting was held in January last year involving relevant ministries, private organisations and textile businesses.Pic: ShutterstockThe policy is being drafted with the help of German government’s development organisation GIZ.It will include action plans, road maps, laws, rule

Applauding the US administration for finally pressing China for a more rational and equal trade relationship, the, a Washington, DC-based trade association that represents the full spectrum of domestic textile manufacturers, has questioned the last-in, first-out approach to the tariff reductions.Pic: Shutterstock“In our sector, this means that the penalty 301–the areas where tariffs have the most potential to effect reforms in China while bolstering the Western Hemisphere supply chain–are cut in