The in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. At present, the majority of garments within the global marketplace are produced in Asia. Between 2005 and 2011, Vietnam's garment export increased by 32 percent and China's increased by 15 percent. Percentage number increases for India, Turkey, Malaysia and Th

Textile Raw Material Price 2013-07-17 Item Price Unit Fluctuation Date Oil WTI 106.32 USD/Barrel 0.37 2013-07-17 PX 1456 USD/Ton 8 2013-07-17 PTA Buy 7750 RMB/Ton -50 2013-07-17 PTA Sell 1065 USD/Ton -5 2013-07-17 MEG Buy 7370 RMB/Ton -30 2013-07-17 MEG Sell 1013 USD/Ton 5 2013-07-17 CPL Buy 18000 RMB/Ton -100 2013-07-17 CPL Sell 2320 U

Prada Spring/Summer 2012 | Source: Prada Stella International Holdings Ltd., the Asian shoemaker that manufactures for companies such as Prada SpA, plans to expand its own brands in Paris, turning into a lower priced competitor to luxury clients there. The contract manufacturer plans to add two shops in Paris by end of this year and expand into other locations in Europe, Stephen Chi, chief executive officer of the company’s women’s footwear and retail business division, said in a July 10 p

Marks & Spencer's chief executive Marc Bolland said it will take until April 2014 for the work of the new clothing team to show up properly in company results despite previously citing next autumn as the key time. Bolland’s comments reflect the company's less than expected profits and were made to The Mail on Sunday on the fringe of last week’s annual meeting of M&S shareholders. M&S sales figures are likely to conflict with expectations among investors who will scrutinise the half

Stylist-turned-designer L’Wren Scott, known for her red carpet glamour favoured by celebrities including Nicole Kidman and Sarah Jessica Parker, is launching a capsule collection with Banana Republic. The 50-plus piece collection, which will be released just in time for the Christmas party season, marks the designer’s first collaboration with a global fashion retailer, and will combine the designer's signature glamour with the US brand's relaxed, feminine aesthetic. Launching worldwide at selec

The Return of Kerr – After the success of last season, Spanish brand Mango once again enlisted bombshell Miranda Kerr for its fall 2013 campaign. Photography duo Inez van Lamsweerde and Vinoodh Matadin snapped the Aussie beauty again in the label’s rock and roll inspired designs styled by Géraldine Saglio. Miranda spoke about shooting the new campaign in New York saying, “I loved that Inez and Vinoodh kept the look of the campaign very raw and natural and I think it compliments the collection ve

Andritz group is to deliver a new high-speed spunlace line to Chuzhou Jinchun Nonwoven Fabric, located in Anhui Province, China, which will produce lightweight fabrics for the hygiene industry from 30 to 80 gsm with a capacity of up to 17,000 tonnes per year. The start-up for the line is scheduled for the first quarter of 2014 and the order includes a Jetlace 3000 hydroentanglement unit, dewatering system, and a Perfodry Avantage dryer – all in-house technologies of Andritz Nonwoven. Chuzh

The proposed garment cities have a tremendous potential to generate employment with a relatively low investment and less energy needs, besides grabbing share of $120 billion export market that China holds, as it is moving away from clothing industry. “Currently countries like Vietnam, Cambodia and Indonesia are picking up the major chunk of the global garment market share. Bangladesh and India also seem to be preparing themselves to grab some share. The proposed cities will give the producer

India's garments exports have climbed over 11% to $3.5 billion as local exporters cornered a bigger share of the market in Latin America and most of Asia to offset the impact of poor demand in the US and Europe. The rise comes after garment exports fell nearly 6% to $12.9 billion in 2012-13. Buoyed by the success, the government and the Apparel Export Promotion Council are now egging exporters to target nontraditional markets such Uruguay, Columbia, Israel, Brazil, Australia, South Africa, and

Handbag exports have grown impressively with most markets reporting increases over the past five months. According to statistics from the General Customs Department, the export revenues for suitcases, handbags and umbrellas in the January-May period reached US$744.58 million, a 22.22 per cent increase over last years’ figures. The total turnover for these products was $1.518 billion in 2012 and $1.33 billion in 2011. Viet Nam’s leading handbag importer was the US with a value of $317.63 mi