A global platform for footwear makers yesterday rejected the application of incorporation of Myanmar in the apex body on the ground of ethnic cleansing of the Rohingya by the Myanmar government. The Confederation of International Footwear Associations (CIFA) took the decision at its 36th International Footwear Conference or IFC 2017, held at the Westin Hotel in Dhaka. “We refused to accept the application of Myanmar due to the ongoing ethnic cleansing by the Myanmar government,” said Saifu

Russian model Kris Grikaite lands yet another Prada campaign for the brand’s resort 2018 season. Photographed by Willy Vanderperre at the Milan Osservatorio, the brunette wears feminine yet functional styles. Called ‘Perspectives’, the advertisements continue the company’s 365 approach. The images juxtapose a black and white full-length shot with a cropped color photograph at the right. “The tension between the season’s inspirations of sport and the elegance of the Belle Époque era are played

A new cotton spinning mill is set to come up in Saparmyrat Turkmenbasy district, located in Trukmenistan’s Dashoguz region, one of the four inner-most regions of the country where cotton is mainly grown. When operational, the mill will have capacity to produce 6,000 tons of cotton yarn annually, according to Central Asian media reports. The textile industry is one of the priority industries for the growth of the Turkmen economy. “Big investments, made in textile industry, stimulate the growth

The net income from continuing operations of German multinational Adidas has increased 35 per cent to €549 million for the third quarter of fiscal 2017 as compared to €407 million in the same period of 2016. Sales for the company were up 9 per cent in the third quarter of 2017 to €5.677 billion as against € 5.222 billion in the third quarter of 2016.The company's gross margin increased 50.4 per cent (2016: 48.1%). This development was mainly due to the positive effects from a better pricing and

Stanford researchers have successfully created a double-duty, reversible fabric that automatically keeps a temperature comfortable to human skin. In a paper published in Science Advances on Friday, the new textile made from a reversible fabric that could comfortably warm or cool wearers was based on the same material as everyday kitchen wrap. The fabric is capable of releasing or keeping heat energy automatically depending on which side faces out. The new invention was created by a team le

In the morning of November 11, the H&M fashion store in Hanoi welcomed more than 2,000 visitors and shoppers to celebrate its first official opening day. A long line of fashion lovers have been waiting since 10.00 PM the previous night to become the first buyers of H&M’s fashion products. Customers had the opportunity to join a music party with a countdown and lively performances from famous DJs as well as typical music and dancing perfermances of H&M’s staff. Besides, the firs

The government must ensure availability of raw materials to the struggling textile industry as promised under Prime Minister’s Export Package at the earliest, All Pakistan Textile Mills Association (Aptma) said on Monday. The textile industry is becoming economically unviable due to rising domestic cotton prices on the back of another short crop and restrictions on import of cheaper fibre from India, the association said. However, the government’s policy of encouraging the use of Indian y

Bangladeshi garment exporters have fallen victim to fraudulence recently, with some 26 companies apparently manufacturing goods worth around Tk 600 crore for a non-existent British company. Two local garment buying houses, Vanguard and ASM Apparels Ltd, placed the work orders on behalf of the “importer”, Y&X, saying that the latter is owned by a Bangladeshi-born British citizen named Manjur Billah. The duo offered higher prices, on condition that the raw materials have to be bought fro

After exceeding expectations in 2017, the global economy is projected to carry forward its current momentum to generate a 3 percent growth rate through 2018, the Conference Board said in its latest Global Economic Outlook 2018 on Monday. "Global growth has finally left the starting gate since the global economic and financial crisis," said Bart van Ark, chief economist of the Conference Board. "GDP growth, which we predicted to grow at 2.8 percent a year ago, is likely to end at about 3 perc

A three-day trade show on leather and footwear machinery, components, chemicals and accessories will begin in Dhaka on Thursday, organisers said yesterday. ASK Trade & Exhibitions Pvt Ltd in association with Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) will organise the fifth edition of the “Leathertech Bangladesh 2017” at International Convention City Bashundhara. Some 250 exhibitors from 15 countries, including India, China and Banglade