Bangladeshi garment workers should get better wages, and conscientious European shoppers should be ready to pay higher prices to boost labour safety in the South Asian country, EU Trade Commissioner Karel De Gucht said Monday in Geneva. De Gucht, Bangladeshi Foreign Minister Dipu Moni and International Labour Organization chief Guy Ryder presented a political agreement to improve standards in the country's clothing industry in the wake of factory disasters that killed around 1,250 people since

With the lowest wage rate in Southeast Asia and a young workforce, Cambodia has emerged as the global manufacturing hotspot despite outbreaks of violent industrial action and safety concerns. Its garment sector, which makes up the bulk of the country’s output in the global economy, is booming – the country exported $1.56 billion worth of garments and textiles, a 32 percent year-on-year growth. The figures, from the Ministry of Commerce, showed that the European Union is catching up to the U.

COTTON growers have sold at least 60 million kilogrammes of the crop since the marketing season opened in April this year. In a statement yesterday, the Agricultural Marketing Authority said the cotton was purchased by 15 registered cotton buyers. “A total of 59 706 660 kilogrammes of cotton had been purchased by buyers since the beginning of marketing seasons,” the statement said. AMA said buyers were offering prices ranging between US38cents and US48 cents per kilogramme. Some buyers are a

The country’s textile and apparel industry saw a slight recovery in 2012 as it exported about E590.16 million worth of commodities to the United States of America under AGOA. AGOA is the acronym for African Growth Opportunity Act. Swaziland is among countries benefitting from this agreement with the United States of America. The Act grants duty free access of specific products from Africa into the US market. This is according to information sourced from the US International Trade Commission

As rupee hit a life-time low of 60.12 a dollar on Monday, beleaguered garment exporters of Coimbatore-Tirupur region find the continuing currency depreciation as a blessing in disguise for the sector to recover from accumulating losses. However, most exporters are anxious over how long the downward move of Indian rupee will persist. The rupee depreciation has become beneficial to exporters of textiles, leather and automobile components in the state. However, garment manufacturers of Western Ta

India's handicrafts exports grew about 11 per cent year-on-year to USD 178 million in June this year, despite weak demand in western markets like Europe. In June 2012, these exports stood at USD 161 million, according to the data provided by the Export Promotion Council for Handicrafts (EPCH). "There has been an increase in the number of orders from emerging markets like China, Latin America and Africa," an EPCH official said. He said that the US market has started picking up, but the dema

Textile Raw Material Price 2013-07-10 Item Price Unit Fluctuation Date Oil WTI 103.14 USD/Barrel 2.01 2013-07-10 PX 1437 USD/Ton 9 2013-07-10 PTA Buy 7690 RMB/Ton 30 2013-07-10 PTA Sell 1058 USD/Ton 0 2013-07-10 MEG Buy 7310 RMB/Ton 30 2013-07-10 MEG Sell 995 USD/Ton 10 2013-07-10 CPL Buy 18150 RMB/Ton 0 2013-07-10 CPL Sell 2350 USD/Ton

Miu Miu Fall 2013 Ad CampaignPhotography by Inez & Vinoodh for Miu Miu While Burberry was all about romance for Fall 2013, Miuccia Prada’s campaigns for both Prada and Miu Miu veered towards the dark and surreal. Shot by photographer Steven Meisel under the hair-raising light of a cold and ominous casting studio, Prada’s Fall 2013 campaign serves as the perfect setting to showcase the film noir glamour of the fall collection. The campaign’s short film stars 9 models, who play the roles

verybody’s favourite girl next door Taylor Swifthas made good on her effortless style sense with a new collection of Kedssneakers, which she created alongside the classic sneaker brand. Regularly seen in summer dresses paired with runners, the collection is right out of Swift’s own fashion playbook with 17 styles perfect for the fall season. The fall collection, her second for Keds, will include bold prints and pops of colour with the additions of sequins, floral lace, and candy cane patterne

Energy Adviser to the Prime Minister Dr Musadik Malik has assured textile millers of real fight against energy crisis to give them immediate relief. He was responding to the concerns raised by the All Pakistan Textile Mills Association (Aptma) during his visit to the Aptma House.Central Chairman Aptma Ahsan Bashir and Chairman Aptma Punjab Shahzad Ali Khan welcomed the special adviser. Dr Malik admitted that the situation on ground was worst than actually projected through media and assure