The 34th International Cotton Conference 2018 will emphasise on sustainable cotton and textile production. The conference will provide a forum for scientifically founded and practically useful insights into key issues surrounding cotton and its supply chain. It will also focus on the priorities of consumers in their key role as buyers in the market. Cotton Insights is the motto for the 2018 International Cotton Conference in Bremen, Germany, beginning March 21. The three-day conference will b

The Vietnam Leather, Footwear and Handbag Association (LEFASO) has invited Skechers, a major footwear manufacturer in California, to study the possibility of investing in the country’s northern province of Hai Duong, according to association chairman Nguyen Duc Thuan, who is also the chairman of the TBS Group based in the southern province of Binh Duong. This project may need 20,000 workers, a report in a Vietnamese news website said. A rival to Nike and Adidas, Skechers wants to shift i

The Vietnam Leather, Footwear and Handbag Association (LEFASO) has invited Skechers, a major footwear manufacturer in California, to study the possibility of investing in the country’s northern province of Hai Duong, according to association chairman Nguyen Duc Thuan, who is also the chairman of the TBS Group based in the southern province of Binh Duong. This project may need 20,000 workers, a report in a Vietnamese news website said. A rival to Nike and Adidas, Skechers wants to shift i

Usha International, India's leading manufacturer of sewing machines, fans and home appliances, is all set to introduce its sustainable fashion initiative Usha Silai at the Lakme Fashion Week (LFW) Summer/Resort 2018. The Usha Silai project will be an innovative fashion concept showcasing eco-friendly and creative concepts of four designers. The sustainable fashion concept aims to empower women in rural areas with skills and resources to create clothes and accessories that can be retailed in t

With the Ministry of National Food Security refusing to issue permission to the trucks containing cotton from Central Asian states to enter Pakistan, and instead instructed them to seek clearance from the Karachi port. As a result Pakistan textile industry facing supply crisis as over 150 trucks laden with cotton collecting dust on Pak-Afghan border. According to experts, the local textile industry already facing immense difficulty competing in the region can be hit hard by cotton supply cris

Vietnam’s yarn industry heavily depends on imported cotton, has imported increasingly bigger volumes of the material in recent years to feed its growing textile and garment production and export. According to its Ministry of Industry and Trade, Vietnam imported 140,000 tons of cotton worth 244 million U.S. dollars in January, up 49.7 percent in volume and 51.1 percent in value against January 2017, Vietnam's cotton import surged from 150,000 tons in 2005 to nearly 1.3 million tons in 2017.

The famed silk weaving industry of Varanasi that was facing stiff competition from China which has been dumping cheap silk fabric heaved a sigh of relief with the Budget hiking customs duty on imported silk fabric from 10% to 20%. With the hike in duty, the industry will now find itself in a position to compete with China in domestic as well as overseas markets. Traders and weavers associated with the Banarasi silk industry and in major textile hubs like Surat and Bengaluru, who depend on imp

China is exploiting and entering the Indian market at cheap price by routing its yarn and finished fabrics through Bangladesh route giving a difficult time to the textile industries at home, comprising primarily of the Micro, Small and Medium Enterprises (MSMEs), said Punjab Pradesh Beopar Mandal President PL Seth. Seth said that since Bangladesh is exempted from paying any duty under the SAARC agreement, Chinese yarn and finished fabric is able to enter our markets through Bangladesh. Wit

Indonesia’s textile and garment exports rebounded strongly in 2017, rising around 5% to US$12.4bn after four years of stagnation, the head of the country’s textile industry association has revealed. Factory relocation, political stability and less labour unrest contributed to the growth, says the chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia), Ade Sudrajat. “This is very encouraging because it’s happening at a time when there’s a downturn in global d

China's yuan strengthened more than 1 percent against a basket of currencies in the first month of 2018, according to a China Foreign Exchange Trade System (CFETS) index. The CFETS RMB Index, which measures the yuan's strength relative to a basket of currencies, came in at 95.82 at the end of January, a 1.02 percent increase from a month ago, CFETS said. The index compares the yuan to the value of 24 currencies, including the US dollar, euro and Japanese yen, which was expanded from a bask