The export of textile goods grew by a marginal 2pc to $1.08bn in April, according to data released by the Pakistan Bureau of Statistics. However, the value-added textile segment managed to grow by an impressive 11pc on a year-on-year (YoY) basis to $607mn. This is mainly attributable to a 4pc yearly depreciation of the rupee and the country’s enhanced market access to the European Union region. The value-added sector benefitted from higher exports of knitwear, bedwear and garments. During

Pakistan, a cotton producing country ranks the eighth largest US cotton importer. The country imported1.69 lakhs of cotton bales from US in the previous fiscal year. In the current fiscal year (2014-15), Pakistan has committed to import more than 3.35 lakh bales from US. Dahlen K Hancock, president of Cotton Council International (CCI) believes there is potential for even greater sales of US cotton to this growing market. CCI, which is the US’s export promotions arm, conducted the trade miss

Overseas work orders for the country’s apparel industry have started to rise, as an apparently calm political situation in the country has restored confidence of global clothing retailers. According to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) data, the number of taking Utilisation Declaration (UDs) that reflects the trend of production to be performed has increased in April compared to previous months. RMG product manufacturers have taken 2,704 UDs, which were 2,4

Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. A series of fashion misses have turned shoppers away from the Gap brand towards fast fashion chains such as H&M, Inditex's Zara and Forever 21. The women's clothing business at the Gap brand has been a challenge for several seasons due to quality and fit issues and for being out of trend, Chief Executive Art Peck s

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy made-in-China fabric. "A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money I can buy six pieces of cheap Chinese brocade which cost only 1,500 naira a piece and still keep some change." The proliferation of Chinese-made textil

Although the Chinese government has pledged to use internet technology to upgrade manufacturing industry, there is a huge gap between the desire of the authorities and reality in the textile industry, the China Daily said a quoting a report by the China national textile and apparel council. The council surveyed 103 textile and apparel enterprises in Jiangsu, Zhejiang, Hubei, Fujian and Guangdong provinces from January to March. The survey covered cloud computing, information security prote

The Gujarat government on Thursday said that a Chinese investment firm has signed a deal to set up a textile park near the industrial town of Sanand, which is around 25 Km from here. The MoU was signed between Gujarat government's Industrial Extension Bureau (iNDEXTb) and China Small and Medium Enterprise Investment Ltd (CSMEI), Arvind Agrawal, Additional Chief Secretary, Gujarat Industries and Mines department said at a press conference. Agrawal, who was a part of the delegation of Gujarat C

Pakistan’s exports of textile and clothing fell by 1.21 per cent in 10 months of the current fiscal year from a year ago. Export proceeds of textile and clothing fell to $11.281 billion in July-April 2015 from $11.420bn over the corresponding period of last year, Pakistan Bureau of Statistics data showed. On a monthly basis, nominal growth of 2.94pc was witnessed in April 2015. In the last couple of months, exports of textile and clothing witnessed a negative growth. Export of low valu

An Apparel and Garment Making Centre is all set to come up at Agartala; the foundation stone for the same was laid byShri Santosh Kumar Gangwar, Hon'ble Minister of State for Textiles (I/C), Government of India and the Chief Minister of Tripura, Shri Manik Sarkar, on 20th May, 2015. A Silk Processing and Printing Unit was also inaugurated on the occasion, by the Union Textiles Minister and the Tripura CM. The project cost is Rs. 3.41 crore. These units are expected to provide employment to

Revival of buying interest pushed prices higher on the cotton market on Tuesday as many spinners rushed to replenish their stocks to meet their near future demand. However, the issue of Gas Infrastructure Development Cess (GIDC) is keeping the textile industry apprehensive after the Supreme Court has vacated the stay, floor brokers said. Depleting cotton stocks, particularly of quality lint, with ginners continue to restrict trading activity. Recent rains in Punjab have brightened the pros