After a long span of production decline and sluggish growth, the garment export sector here has rebounded to a more lucrative state. In the month of April, the sector grew by over 8% as compared to the previous year. Industry analysts have attributed this rise to the new international business now being diverted towards India, from various other, once-popular, South Asian garment hubs. "International business to the tune of $3 billion has been diverted to India, because the garment sector has e

Tesco, the world's No. 3 retailer, has stopped sourcing clothes from a factory in Bangladesh after discovering serious problems with the safety of a building, the company said on Saturday. The move follows a survey the British-based supermarket chain conducted in the wake of the collapse of the Rana Plaza factory complex in Dhaka in April that killed 1,129 people. "A structural survey of a site we source from in Bangladesh, owned by Liberty Fashions, has revealed serious problems with the saf

The government has earmarked Rs 7.5 billion in the budget 2013-14 against the demand of Rs 30 billion for the implementation of textile policy. The Ministry of Textile Industry had demanded the money for taking up various initiatives under the textile policy (2009-14). In the outgoing fiscal year (2012-13), the same amount - Rs 7.5 billion - was earmarked in the budget against the demand of Rs 30 billion. However, because of financial crisis, the Ministry has so far received just Rs 3 billion.

Vietnamese textile and garment companies have warned that they would have more redoubtable rivals as China may increase its investments in Vietnam once the Trans Pacific Partnership TPP is signed. A senior executive of Vinatex, the biggest Vietnamese textile and garment group, said China is always very “nimble-footed” in seeking investment opportunities. Meanwhile, they might have heard that Vietnam may enjoy the zero export tariff when exporting garments and textiles to the US, the biggest ex

Leading home textiles suppliers from throughout Europe have already confirmed their participation at Intertextile Shanghai Home Textiles – Autumn Edition. The high calibre of overseas exhibitors participating this year confirms that this fair is the most effective platform to reach the booming home textiles markets in China and the Asian region. Held at the Shanghai New International Expo Centre, it runs from 27 – 29 August, and is expected to attract around 42,000 visitors. Debut Proposte p

The Cotlook A and CIF Bremen quotations moved upwards slowly. Prices at the ICE fluctuated much stronger due to technical reasons although fundamental developments had hardly altered on the cotton market. The low prices at the beginning of the reported week encouraged some customers to satisfy not only immediate need but also to order quantities until the year end. The total business diminished again in view of increased prices. The interest continuously focused on medium staple cotton. Extra

USDA’s projection for the 2013 cotton crop was lowered to 13.5 million bales this month (from 14.0 million in May) as abandonment expectations were increased to reflect the continued drought in the Southwest. The latest crop projection is well below the 2012 crop of 17.3 million bales and would be the lowest in four seasons. The planting estimate—currently at 10.0 million acres—will be updated in the Acreage report released by USDA on June 28th. This report will include actual plantings as of

Top 10 Categories in Rising Top 10 Categories in Falling 1.nylon fabric 2.32% 1.thread/rope -1.79% 2.natural fiber grey cloth 1.97% 2.polyester fabric -1.56% 3.linings 1.92% 3.belt -1.43% 4.cotton fabric 0.97% 4.household textiles -0.98% 5.polyester/wool fabric 0.68% 5.polyester/nylon fabric -0.59% 6.viscose/wool fabric 0.60% 6.chemical fiber grey cloth -0.52% 7.other chemical fiber 0.45% 7.vis

Source: LVMH, Les Journées Particulières LVMH will throw open the doors of its Louis Vuitton workshops and Hennessy cognac cellars at the weekend in the latest salvo of an advertising war among luxury groups to show off the craftsmanship behind their brands. Starting on Saturday, the world’s top luxury group by sales and market value will also offer behind-the-scenes tours of Christian Dior’s salons, Guerlain’s perfume plant outside Paris and Fendi leather shoe and handbag workshops in Ita

Top 10 popular fabric (2013-06-17) Item Width(cm) Weight/Composition/Specification Price(Yuan/m) Printed Chiffon Ramie 150 100Dfdy×100Dfdy 6.60 Engraving printing silk cotton 145 30s×30s、68×68 9.10 Digital imitation printed artificial cotton 145 40s×40s、100×80 11.50 Printed Crinkle Chiffon 150 FDY75D 4.50 Cotton pad-dyed carded voile 140 60s×60s、90×88 6.00 Wool-like thin serge 150