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India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at 5.77 per cent for the month of June 2018 over same month of last year. The index for apparel decreased by 1.3 per cent to 139.2 in June, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.
The official WPI for all commodities (Base: 2011-12 = 100) for the month of June 2018 rose by 1.1 per cent to 119.2 from the previous month’s level of 117
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As part of a new e-commerce policy being discussed, foreign investment should be allowed in inventory-led online retailers stocking products made in India, a government-industry subgroup on e-commerce has recommended. The policy may reportedly pin greater liability and responsibility on online retailers, which may have to seek Indian Government accreditation.
E-commerce companies may also have to integrate with National Consumer Helpline to address consumer issues, according to a report in a
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Exporters in Turkey's Denizli, which accounts for $1.5 billion of the country's $3.5-billion annual home textile exports, have shifted their attention to alternative markets, China being a key country. While Denizli exports primarily to the United States and Europe, its exports to China in 2017 was $11.73 million—a two-fold rise over the previous year.
A branding campaign called ‘Turkish Towels’ under the state-sponsored Turquality branding project is being carried out by the exporters, who h
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A record 971 exhibitors from 12 countries and regions (2017: 721), and 17,664 trade buyers from 35 countries and regions (2017: 15,608) took part in the Intertextile Pavilion Shenzhen, reflecting the strength of the Southern China fashion sector. The event has emerged as the industry’s platform of choice for suppliers to connect with leading brands.
Shenzhen is fast establishing itself as China’s fashion capital – with some 1,000 fashion brands, 2,000 garment companies and 30,000 fashion d
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Gabel Group has been able to achieve industrial scale digital production by investing in Durst's Alpha 330 super high-performance multi-pass printer with the One-Step Greentex P ink at its headquarters near Milan and is now looking to invest in a second system to meet the evolving customer requirements of ever-shorter print runs and specialist customisation.
Durst, an inkjet pioneer and manufacturer of advanced digital production technologies, has helped Gabel Group to transform its retail b
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RadiciGroup engaged in production of chemicals and synthetic fibres, has recorded consolidated sales revenue of €1,147 million for the financial year 2017, an increase of 20 per cent over the prior financial year. Group net income rose by over 60 per cent compared to 2016, driven by an increase in sales volume, while group EBITDA was €160 million (+ 45%).
"Our competitive system operates with respect for people and the environment," said Angelo Radici, president of RadiciGroup. "The financial
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India has imposed anti-dumping duty of up to $528 per tonne on a Chinese polyester yarn used in automobile and other industries for five years. The move followed a probe into alleged dumping of Chinese high tenacity polyester initiated by the commerce ministry’s Directorate General of Anti-dumping and Allied Duties (DGAD) after complaints by domestic players.
The finance ministry imposed the duty — in the range of $174-528 per tonne — on the industrial yarn used for manufacturing tyre cord fa
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Tamil Nadu textiles minister OS Manian recently hinted that chief minister Edappadi K. Palaniswami will shortly announce the state’s new textile policy, comprising fresh projects to save the handloom sector. The state is also taking steps to set up handloom storing stations and reduce goods and services tax (GST) for the textile industry, he said in Erode.
Manian said the state government had allotted ₹40 crore this year for the new ‘Support Handloom’ project announced by the chief mini
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Allied Print Design Limited, trading as APD Pacific and specialising in designing, printing, and manufacturing of apparel, soft signage and textiles, is planning to operate its own production facility in Fiji, said managing partner and creative director Nicole Kruse. The firm is also planning to launch its own brand and wants to target Japan and New Zealand.
The Fijian family-owned business has acquired land in Suva for the facility, Kruse told a seminar organised by the Fiji Export Council a
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The Pac-12 and Unifi, Inc. have announced a long-term partnership, with Unifi serving as the founding sustainability partner of Pac-12 Team Green and as a sponsor of the Pac-12 sustainability conference. Unifi will provide grant funding to all 12 of the conference’s member institutions to support sustainability initiatives and increase recycling efforts.
Unifi will work with the Pac-12 and Pac-12 networks on creating custom content and media assets to feature sustainability programmes and