With a revival in the US economy, the Indian textile industry has seen resurgence in appareldemand through the last three months. Fresh orders have been recorded, both for immediate, as well as future deliveries. Apart from the US, apparel exporters have also recorded more orders from Europe. The US and Europe account for most of India’s apparel exports. In the last few years, the Indian textile industry has seen a crisis of sorts, with the emergence of new competitors Bangladesh and Vietnam. H

Illustration. Indonesian muslim dresses. (FOTO ANTARA/Arif Firmansyah) Indonesia is expected to become the world`s Muslim apparel center in 2015, Director General of Arts-and-Culture-based Creative Economy Ahman Sya said. "It is a difficult dream but Indonesia must be able to realize it. There are many factors which support Indonesia to become a world Muslim clothes center," he said after opening the Creative Economic Worship here on Tuesday. He said that Indonesia is the world`s largest Mu

Just Cavalli A/W 2013 | Photo: Sonny Vandevelde Cavalli Group, the Italian fashion house that dressed actress Jennifer Hudson at the Oscars, ruled out selling a stake any time soon, resisting interest from industry buyers, wealthy families and private-equity firms. “We are on the radar of all these people, but our priority is to work on the business,” chief executive officer Gianluca Brozzetti said in an interview yesterday at a presentation of Cavalli’s spring-summer 2014 menswear collect

Baker (TED.L) has started its 25th year in existence quite in fashion or “very strongly” as highlighted analysts at Jefferies. The British fashion retailer has reported a 32 percent rise in revenues in the 20 weeks to the middle of June. Shares in the group closed at 17.20 pounds on Thursday, up 17 percent. Ted Baker is enjoying a wealth of celebration for its 25th anniversary in the business. The fashion apparel brand launched in 1988, and now, in such a remarked date, it can palate the sweet

Recent estimates by Cotton Association of India (CAI) put India’s cotton crop for the recent season ending this September to be 35.2 million bales (170kg each). “Looking at the demand for cotton seed, it is likely that cotton is going to see once again good acreage level,” said Dhiren Sheth, president of Mumbai-based CAI. Gujarat state will be the number one cotton producing state with an estimated production of 8.5 million bales. Second place in production will be the southern state of An

Sri Lanka’s apparel industry is to get a big boost as the world’s largest textile producer, China is exploring possibilities of opening its huge domestic market to the island’s garment exports, an industry heavyweight said. Secretary General of the Joint Apparel Association Forum (JAAF) M.P. Tuly Cooray told the Business Times that their umbrella body is to enter into an agreement with the China National Garment Association to allow access for Sri Lankan apparel industrialists to penetrate th

Hong Kong-based apparel manufacturer TAL Group plans to boost investment in Vietnam with its second project in the field of textile, dyeing and garment worth hundreds of millions of U.S. dollars. Roger Lee, CEO of TAL Group, revealed this plan at a meeting with leaders of the Ministry of Planning and Investment this Wednesday. TAL currently has 25,000 workers at eight factories worldwide. The Hong Kong clothing producer came to Vietnam in 2004 to set up the US$40-million textile-garment fa

Cotton prices touched Rs 42,000 for a candy of 356 kg on Monday following strong domestic demand and overseas enquiries. Moreover, supply was slow. Overall, the sentiment turned bullish and according to market sources, cotton price may rise to Rs 43,000. Gujarat Sankar-6 cotton traded higher by Rs 500-700 at Rs 41,000-42,000. V 797 cotton A grade was offered at Rs 29,800-30,000. About 5,000-6,000 bales cotton arrived in Gujarat and 15,000-17,000 bales arrived across the country.

Mozambique Cotton Institute has set a target of producing 100,000 tons of raw cotton during the ongoing cotton season that has already begun. The target fixed by the Mozambican Cotton Institute is 46 percent less than 184,000 tons of cotton produced during previous season. However, the Cotton Institute Director Norberto Mahalambe said that the reduced production expectations is not a matter of concern, as it is still higher than the long term estimations of 92,000 tons of raw cotton, mac

In April 2013, China's cotton import dropped moderately in quantity term from the previous month, but the average import price surged. According to Customs statistics, China imported 430,900 tons of cotton in April, a decrease of 97,900 tons and down 18.5% from March, and down 15.5% year-on-year. The average import price stood at US$ 1942/ton, registered an increase of US$ 60 by 18.4% from March. In the first eight months of 2012, cotton import totaled 3.16 million tons, down 15.6% year-on-y