Cotton prices have witnessed a rise of around seven per cent so far this month, thanks to increased stockpiling by foreign traders in anticipation of better price expectations. This has also triggered demand from domestic millers, who are expecting healthy yarn exports this year. According to market sources, with arrivals starting to decline, prices are likely to firm up to Rs 38,000 a candy (356 kg). Prices are up from Rs 34,000-34,100 a candy on February 1 to Rs 36,500-36,800. Daily arrivals

A weaver in Mangalagiri in Guntur District (Andhra Pradesh) prepares yarn for use on the handloom in the course of producing a saree (file photo). The Andhra Pradesh Federation of Textile Association representing some 75,000 textile shop owners, has called for a total textile bandh in the State on Wednesday. This is to register its protest against the State Government’s move to bring textiles under Sensitive Commodities, which would put an extra financial burden on traders. Traders have a

Mr Samuel Okudjeto Ablakwa, Member of Parliament (MP) for North Tongu Constituency in the Volta Region has said that government will collaborate with other stakeholders to institute a national policy that would revamp the textile industry. Mr Ablakwa said government was committed to rescucitating the textile industry by injecting capital with the collaboration of the private sector to ensure full capacity production of the Volta Star Textiles Limited (VSTL) at Juapong. He said this on Monday

China's textile industry will maintain smooth operation in 2013. China still have compete competitive advantage and mature industrial system in comparison to Southeast Asian countries and South Asian countries that only have single product structure, the majority of China's products have more obvious international competitiveness in variety and quality, although China's industry faces some pressures. At the same time, tightening external environment will form forced mechanisms of market, labor

Government enhanced the scope of the sales tax withholding regime to all registered companies and exporters to deduct 20% of the payable sales tax on all purchases. DESIGN: FAIZAN DAWOOD The textile industry rejected the Federal Board of Revenue’s move of extending the imposition of the withholding tax they fear the step will affect exports adversely. Earlier, the government enhanced the scope of the sales tax withholding regime to all registered companies and exporters to deduct 20% of the

Lakme Fashion Week (LFW), the leader in promoting creative excellence and the business of fashion in India, announced the list of 87 participating designers and 8 sponsors who have have come together with one common agenda of presenting the very best of fashion industry on the ramp in March. A robust line-up of fashion stalwarts and the brightest young desingers will showcase their ready-to-wear brands on the runway and exhibition area. As the pioneers of fashion weeks in India, LFW has al

Abdul Latif Al-Asheikh, president of the Commission for Promotion of Virtue and Prevention of Vice (Haia), has approved the regulations and procedures related to the working of saleswomen in lingerie shops across Saudi Arabia. Mr. Al-Asheikh said as per the said regulations, only Saudi women can serve in lingerie shops, and men, including workers from other sections of a commercial complex, cannot gain access to such shops. The Haia’s branch offices would supervise the workers’ behaviour and

maurices announced their participation in Cotton's 24 Hour Runway Show taking place in South Beach, Miami from 8 p.m. EST on March 1 to 8 p.m. EST on March 2. The 2nd annual event is a celebration of the diverse fashion trends across America and maurices will style 10 special cotton looks as part of the 1,440 looks being featured on the runway during the show. During the 1-2 p.m. EST hour on Saturday, March 2, maurices will showcase various styles that highlight the savvy, fashion conscious a

On popular demand, the US First Lady Michelle Obama’s famous red and white check dress, which she first time wore during her husband President Barack Obama’s election campaign in 2011, is back on sale at the online portal ASOS.com. The 50s style sleeveless pleated frock, which has been worn several times by Mrs. Obama since 2011, features a versatile cut which can flatter all body types. Always considered to be one of the well-dressed personalities of the world, the first lady has been ph

Everlast Worldwide, Inc., the global leader in fight sports and fitness, has extended the exclusive equipment and apparel contract with American heavyweight boxing contender, Deontay Wilder. An undefeated knockout specialist, Wilder has received praise from many in boxing, including heavyweight kingpin and training partner, Wladimir Klitschko. Under the agreement, Wilder will continue to train exclusively with Everlast equipment and apparel as well as play a prominent role in direct to consum