Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country. Out of over 4,300 ginning units, about 1,300 are spread across Gujarat, with major concentration in Saurashtra and North Gujarat. About half

We're willing to bet that you have a stellar pair of skinny jeans in consistent outfit rotation. Summer, fall, winter, or spring, the beloved wardrobe essential will always be—well—an essential. No matter how much you love your slouchy boyfriend denim, want to try a pair of high-waisted flares, or dream of summer cut-offs, your skinnies will always be there: Always reliable, always easy, always classically chic. It's time to turn it up a notch, though. Easy as it may be to throw on a white T-

Despite producing some of the best quality cotton in the world, Turkey's cotton output been declining, said the head of the Home Textiles Industry and Business Association (TESIAD) in a written statement. “Turkey produces one of the world's highest quality cotton. Our cotton production must increase up to 4 million tons by 2023,” said TESIAD head Yasar Küçükçalik, according to a report by a Turkish news portal. He noted the country's cotton production volume has declined drastically over t

In October 2015, Pakistan’s textile exports declined by over 10 per cent as compared to the same month last year mainly due to continuous energy shortage, high cost of production and declining prices globally. According to the latest figures of the Pakistan Bureau of Statistics (PBS), Pakistan’s textile exports were $1.05 billion in October 2015 as against $1.18 billion of the same month of last year, down 10.69 percent. “Due to high cost of electricity, we are unable to give a competitive

Pakistan cotton market witnessed slow move in trading activity on Monday as some spinning mills remained away from making new deals to see latest developments. This indicates that demand is sluggish owing to under utilization of the capacity by the spinning industry. On the other hand, large spinning groups continue to import cotton from neighbouring country and this has also slowed down considerably. The slow off-take of cotton yarn is also forcing spinners to be cautious and keep their product

A review panel of factory inspections yesterday asked ARA/Apparel Exports Limited to suspend production partially. The panel advised the factory to go for detailed engineering assessment (DEA) as it found safety faults. Besides, the panel asked the Finery Limited in Dhaka to conduct DEA in next 10 days. If the factory fails to do it, closure will be the option, the panel warned. Both the garment factories are located in the city’s Darussalam area. Earlier, Accord and Alliance found s

The new interest subsidy scheme for textile exports has been welcomed by the industry, while urging its ambit be widened. The new Interest Equalisation Scheme, earlier termed the Interest Rate Subvention Scheme, on pre-shipment and post-shipment of garments, will boost cotton textile export, said R K Dalmia, chairman, Cotton Textiles Export Promotion Council (Texprocil). The Cabinet Committee on Economic Affairs has approved a three per cent subvention scheme for five years, with retrospec

growing concern for environmental sustainability and conservation around the world, coupled with an increasing demand from the emerging economies and industrial application are the main drivers of growth for the eco fibres industry. According to a recent research conducted by ReportsnReports, the global eco fibres market is projected to reach 74.65 billion dollars by 2020, registering a Compounded Annual Growth Rate (CAGR) of 11.46 percent from 2015 to 2020 with environmental degradation hig

Buyers rushed to replenish their stocks on Wednesday after the Pakistan Cotton Ginners Association announced around 2.4 million bales shortfall in overall cotton production. However, the undertone remained steady, but the outlook uncertain. Floor brokers said initially there was some panic buying by the spinners soon after the release of fortnightly phutti arrivals data, but towards the close some stability was noted. Cotton analyst Naseem Usman said the country produced only 8 millio

Fashion for mothers to be is expected to grow at a Compound Annual Growth Rate (CAGR) of 2.01 percent over the period comprehended between 2015 and 2019. The competition among the players is on the basis of comfort, quality, variety, design and colours. According to recently released study "Global Maternity Wear Market 2015-2019" conducted by Research and Markets, the increase in the pregnant working women population is the key driver for the growth of the maternity wear market. This dem