-
The Russian government has approved the allocation of up to 20 grants for conducting R&D activities in the field of technical textiles and industrial fabrics during 2017-2019, according to recent statements by the press office of the Russian Presidential Administration. The amount of the grants varies from US$1 million to US$10 million and in some cases, is even higher.
One of the biggest grants of US$5 million will be given to a group of scientists at the St. Petersburg State Technical U
-
Egypt plans to scale its cotton cultivation back. Nabil al-Santaricy, head of the Alexandria Cotton Exporters Association, referring to long-staple American cotton, Egypt's primary competitor said that the area under cultivation is growing and exports are also going to grow and they can now sell at a price that’s less than California Prima.
This year the area planted rose to about 220,000 acres and is expected to hit up to 500,000 acres in the next two to three years, according to cotton trad
-
The clothes made in North Korea are labelled "Made in China" and exported across the world as Chinese textile firms are increasingly making use of North Korean factories even as they relocate their own factories offshore, including to Bangladesh, Vietnam and Cambodia to take advantage of cheaper labour across the border.
This helps the manufacturers to save up to 75 percent by making their clothes in North Korea, stated traders and businesses in the border city of Dandong. They take orders fr
-
India's garment exports to US in the category Men/Boys cotton knit shirts has clocked number one position in terms of market share, it is for the first time in the history due to the slowdown in China. According to the data released by Office of Textile and Apparel, US department of commerce, India exported 8.5 million dozens of men/boys cotton shirts to US. India's share in total men/boys knitwear shirts import in US stood at 8.7 percent in June.
After a dip in 2014, India's market share has
-
Turkish and Pakistani textile executives are divided in their opinion about the likely benefits of the Free Trade Agreement (FTA) under discussion between Pakistan and Turkey, with Pakistan opinion in favour, but less enthusiasm in Turkey.
Seven rounds of talks between the two sides have taken place, and further talks may be staged in August.
Asad Hayauddin, spokesperson for Pakistan’s ministry of commerce, says: “Pakistan’s trade balance with Turkey turned negative from positive in the ye
-
“This is the most favourable time for us to join the Vietnamese market, H&M’s 68th market with great potential in the retail sector. With various diversified fashion products, we hope to meet our customers’ expectations and inspire them to explore and create their own style,” Fredrik Famm, H&M Southeast Asia country manager, said.
Vietnam is one of H&M’s five newest markets in 2017. Also, this year marks H&M’s 70th year of continuously providing trendy and fashionable clothing
-
Despite slower-than-expected monthly expansion, China's foreign trade growth is expected to remain on a positive track amid uncertainties for the year.
The country's exports in yuan-denominated terms rose 11.2 percent year on year in July, compared with the 17.3-percent growth in June, customs data showed Tuesday.
Imports increased 14.7 percent, slowing from 23.1 percent in June, the weakest monthly growth so far this year.
A higher base, currency appreciation and falling commodities
-
The United States should resort to rules of the World Trade Organization (WTO), not unilateral trade tools such as Section 301, to resolve trade disputes with China, a former White House economist has said.
Pitfalls of usingSection 301
US President Donald Trump will direct the US Trade Representative (USTR) on Monday to determine whether to investigate China's trade practices under Section 301 of the Trade Act of 1974, senior administration officials said Saturday.
Section 301, once h
-
Top 10 Rising Categories
Top 10 Falling Categories
1.Thread & Rope
4.18%
1.Apparel Lining
-0.97%
2.TR Fabric
2.77%
2.Polyester
-0.57%
3.Blended Fiber Grey Cloth
1.99%
3.RW Fabric
-0.45%
4.Natural Fiber Grey Cloth
1.74%
4.Belt
-0.22%
5.TS Fabric
1.47%
5.Viscose
-0.21%
6.Chemical Fiber Grey Cloth
1.35%
6.Linen Viscose Fabric
-0.20%
7.Household Textiles
1.03%
7.Cotton Linen
-0.17%
8.Viscos
-
Japan’s bountiful visual culture has long been a place to take inspiration from. The futuristic yet traditional culture has become a fascination among western communities, translating into our creative industries, particularly fashion.
Described as “another planet” by trend watcher, Ronny de Vylder. The Japanese believe in everything they do, influencing the rest of the world with their ‘Wabi-Sabi’ view of ‘finding art in imperfections’.
Translated into the work of Japanese designers, Rei