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  • The Cotton Association of India (CAI) has retained its cotton crop estimate for the ongoing crop year 2017-18 at 365 lakh bales of 170 kg each, i.e. at the same level as in its estimate made in the previous month. The stock at the end of June 2018 is pegged at 87.45 lakh bales including 51.85 lakh bales with textile mills and 35.60 lakh bales with others. In its June estimate of the cotton crop for the 2017-18 season beginning from October 1, 2017, the CAI has projected total cotton supply up
  • Bangladesh’s jute ministry is working on a policy to set up a Tk-10,000 crore fund to offer low-cost loans to farmers, traders, industrialists, goods producers and exporters for developing the jute sector. A panel headed by Bangladesh Jute Mills Corporation (BJMC) chairman Mohammad Mahmudul Hassan has prepared the draft for the Jute Sector Development Fund. The government should form a 20-year revolving fund based on the budgetary allocation to provide the loans, which should be disbursed at
  • The National Cotton Council (NCC) will be working to ensure that final farm legislation will address the serious shortcomings of the Senate farm bill, the Agriculture Improvement Act of 2018. NCC’s mission is to ensure the ability of US cotton industry segments to compete effectively in the raw cotton, oilseed, and US-manufactured product markets abroad. One of those major concerns involves the Economic Adjustment Assistance Programme (EAAP). That programme, which had been eliminated in th
  • Kraig Biocraft Laboratories, a leading developer of spider silk based fibres, is collaborating with a local cooperative in Quang Nam province, Vietnam to expand mulberry production. This effort is a major element of the company’s production expansion plans and marks a significant increase in capacity. The company plans to add nearly 2,500 acres of mulberry. News of this collaboration was published in a leading Vietnamese digital media outlet, which highlights the efforts to focus on high t
  • More than 165 exhibitors from India, China, Nepal, Switzerland and Thailand had participated in India’s leading exhibitions for home fashion Heimtextil and Ambiente India. As the exhibition unfolded, there were a series of the highlights that caught the eye of architects, interior designers, retailers, home stylists and design experts alike. The fifth edition of Heimtextil India and Ambeinte India, inaugurated by Ajay Tamta, state minister of textiles, has clearly carved a niche among its tru
  • The Tiruppur Exporters’ Association (TEA) has urged the textile mills to not to increase the cotton yarn prices and also not to stop cotton yarn supply. The ₹20 per kg increase in cotton yarn price in June 2018 has pushed the knitwear garment export sector into a difficult situation, making it difficult to sustain in the competitive global environment. “The knitwear export sector has been passing through a challenging business environment further to implementation of GST and this could
  • Walmart.com plans is launching new home shopping features - 3D Virtual Shopping Tour and “Buy The Room”, two new ways for customers to browse, discover and be inspired by its home assortment. About four months back the company had launched the new digital shopping experience for home on Walmart.com aligned with how customers browse and shop the category. 3D Virtual Shopping Tour enables customers to take a virtual shopping tour of a curated apartment showcasing nearly 70 items from both na
  • India, Indonesia, Thailand and Turkey will be the new participants in the Intertextile Pavilion Shenzhen, Southern China’s leading event for apparel fabrics and accessories which attracts big-name Chinese and global fashion brands, to be held during July 5-7. The show with specific country/region areas and domestic pavilions will have 968 exhibitors. There will be exhibitors from 12 countries and regions. Traditionally having a strong focus on ladieswear, the fair has grown rapidly i
  • In a bid to enhance uptake of sustainable cotton, a cross-industry initiative is asking brands and retailers to increase sourcing of sustainable cotton. It has also launched a digital guide to support them with fast tracking their sourcing strategies across multiple standards. Cotton production presents significant environmental and social challenges. Cotton is the most abundantly produced natural fibre and its production supports the livelihoods of over 350 million men and women. However,
  • The Maroc In Mode-Maroc Sourcing trade fair will be held from October 11 and 12, 2018, at Marrakech, Morocco. The show expects around 175 suppliers, full-package, and CMT manufacturers as well as innovative suppliers of yarns, fabrics, accessories, technologies, and services from the Mediterranean. It will focus on fast fashion and sustainable eco-systems. Five eco systems will be presented at the upcoming Maroc In Mode – Maroc Sourcing trade fair, namely fast fashion; denim; jersey, knit,
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