Brazil should import 51,000 tonnes of cotton lint in the 2012-2013 crop, according to estimates from the National Supply Company (Conab, in the Portuguese acronym). The volume is down 69% from the previous projection, issued in May, which was 163,000 tonnes. According to information released by Conab, the exchange rate for imports is not proving advantageous, and Brazilian growers are reverting flexible contracts (which may apply to exports or domestic sales) into domestic consumption. The Con

The eurozone crisis and fiscal belt-tightening by European Union (EU) governments are decreasing demand for European textiles and clothing within the EU, according to Textile Outlook International (Issue No. 161), a report from Textiles Intelligence. The latest data show EU textiles and clothing exports to countries outside the European Union increased in value by 6.3 percent, while exports to EU countries fell by 2.3 percent. EU exporters looked to emerging markets for growth, with exports to

A Japanese company plans to build a textile complex with units for spinning, weaving and apparel manufacture, said António Alberto, the northern regional delegate of the Mozambican Cotton Institute. The Japanese company Nitura also aims to use 4,000 hectares in the Malema district to produce the cotton needed for the textile complex to operate, Alberto told the Maputo-based daily Notícias. The newspaper reported that company representatives were in Nacala to deal with the respective administ

New Zealand Wool Services International Limiteds Marketing Executive, Mr Paul Steel reports that todays North Island wool sale of 6,800 bales saw a clearance of 96 percent.Wool Market Remains Strong . New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that today’s North Island wool sale of 6,800 bales saw a clearance of 96 percent. This high sale rate was achieved even allowing for a gain by the New Zealand dollar of over 1.5 percent while the sale was

EDANA, the international association of nonwoven industries, delivered its European annual statistics on nonwoven production and deliveries for 2012, and the news was better than predicted. Overall growth of 2.2 percent occurred, despite friction and crises within the European Union. Total deliveries reached 1.9 million tons, with spunmelt processes accounting for 45 percent and fiber-based materials 55 percent. Within the drylaid category, the leading bonding technologies remain spunlace and

Uniqlo Store Facade | Source: Reuters On a bustling Dhaka street full of buyers looking for deals on export rejects and designer fakes, a flight of stairs leads up to an anomaly in a country known for producing international clothing brands – a global high street fashion store. Uniqlo, owned by Japan’s Fast Retailing Co., is opening two stores in Bangladesh, a favourite low-cost sourcing hub for many international retailers but a country where, until now, they have not sold their clothes.

Italy's luxury cashmere house Loro Piana have been bought by LVMH. The french luxury conglomerate purchased an 80 percent stake in the ready-to-wear fashion group for 2 billion euro. LVMH shares rose 2.5 percent on the news. LVMH said that the sixth-generation Loro Piana family will retain the remaining 20 percent share, and its current directors, Sergio and Pier Luigi Loro Piana, will maintain their posts. The Italian fashion house is famed for its high quality clothing by using precious mat

For the first quarter, Burberry’s comparable store sales were up 13 percent. Retail sales in the first quarter increased by 21 percent at reported FX and 18 percent at constant FX. There was double-digit comparable store sales growth in Asia Pacific and the Americas and high single-digit growth in Europe, Middle East, India and Africa. The plan is to modestly increase normalised retail/wholesale margin in the full year. First half adjusted PBT is still expected to be below prior year. During th

The exports of garments and textiles from Vietnam grew by 14.5 percent year-on-year to US$ 8.9 billion in the first six months of the current year, according to the Vietnam Textile and Apparel Association (VITAS). The US and the EU continued to be the major markets for Vietnamese garments which accounted for US$ 3.94 billion and US$ 1.29 billion worth of exports during January-June 2013, Viet Nam News reported. The value of Vietnam’s clothing exports to Japan stood at US$ 1.1 billion,

WO shop owners who sold fake Disney-brand children's garments for more than 700,000 yuan (US$114,030) were given prison sentences and fines, the Yangpu District People's Court said today. A man surnamed Wang was given a three-year sentence with a four-year reprieve and a 180,000-yuan fine for opening a children's garment shop on Qipu Road, where he sold children's garments that were counterfeits of the Disney brand. His accomplice, surnamed Ye, was given a 30-month sentence and a 100,000-y