Global cotton production will exceed demand by 1.15 million metric tons in the 12 months starting Aug. 1, Cotlook Inc. said in its first forecast for next season. The surplus will be 3.54 million tons this season, Birkenhead, U.K.-based Cotlook, the publisher of a benchmark cotton index, said today in a statement. World output will drop 7.3 percent to 24.3 million tons, Cotlook said. Production in China, the world’s largest grower, will fall 8.9 percent to 6.65 million. The crop in the U.S.,

Cotton posted its largest one-day loss in nearly a month on Thursday, as prices corrected down from the nine-month highs reached earlier this week and as declining oil and grain prices pressured fiber. The most-active May cotton contract on ICE Futures U.S. fell 1.23 cents, or 1.5 percent, to settle at 83.23 cents per pound. That was fiber's largest decline since falling about 2 percent on Jan. 25. Though prices rebounded after earlier touching as low as 83 cents, they failed to approach the

Tata group company VoltasBSE 0.11 % today said it has joined hands with Swiss textile equipments maker Benninger AG for marketing and selling the foreign firm's products in India. "Voltas and Benninger AG today jointly announced entering into a distribution agreement for sales and marketing of Benninger's products in India," Voltas said in a statement. The cooperation is expected to strengthen the outreach of both Voltas and Benninger across the rapidly expanding Indian textile equipments ma

Cotton yarn exports have grown by a staggering 41.6 percent in the first seven months of the current fiscal whereas the value of these exports has gone up by 32 percent to $1.247 billion, shows data released by the Pakistan Bureau of Statistics. Industry experts say that Pakistan is emerging as the most viable country in basic textiles with millers making every effort to generate energy to keep the momentum going. PBS data for the first seven months of this fiscal shows that textile exports ha

The results of textile and clothing trade for the month of January 2013 showed a slight increase compared to January 2012 for both exports and imports. Indeed, during this month, the sector’s exports posted a slight increase of 0.69% in value for an amount of 448 million dinars. Analysis by sector shows an increase of 1.32% for clothing against a decline of 3.39% for textiles. As for exports, they also rose 7.19% in value against a decline of -2.82% in volume. Source: African manager .

Official statistics released by the Cotton Crop Assessment Committee a few days ago reveal that the cotton target has been missed by 1.3 million bales, due to which textile millers fear they will lose an additional $1 billion in exports in fiscal 2012-13. “A drop of 1.3 million bales means we are about to lose a billion dollar worth of exports,” said Shahzad Ali Khan, chairman of the All Pakistan Textile Mills Association, Punjab. However, unlike Khan, other millers believe that the shortfall mi

D'Milikah Brazilian inspired swimwear has been exclusively selected as an elite brand presented to the top Oscar Nominees in the "Everybody Wins at the Oscars" gift bag. The unique swimwear designs and vibrant prints of Brazilian born Designer, Emily Gonzaga, will delight Oscar Nominees on their special night. D’Milikah Swimwear will be given to non-winning nominees in the five major categories. The 85th Annual Academy Awards will be held at Dolby Theatre in Hollywood & Highland Center

Voices hushed, lights dimmed, the spot light settles. A dame-moiselle saunters into view; languid, self-assured and smoking hot. Her silhouette delights in womanly curves; day wear is a sassy masculine/ feminine mix, while an alluring fairytale femme fatale is revealed through an evening wear set that comes sprinkled with star dust and is surrendered to us on a cushion of feather and mink clouds. Our daytime Dame-Masuclines arrive walking with sinuous swaggers thanks to ultra tight mid

In the City of Lights, a bright new bulb lit up the atmosphere in Paris at the 50th Anniversary of Salon International De La Lingerie. That spark came from The Shibue Strapless Panty by Shibue Couture. Salon International De La Lingerie is the largest lingerie show in the world, opening doors for new designers in the industry. For Shibue Couture, this was the launching pad into the European Market for Shibue Couture’s European line Stanga. Although its slender shape and size does have a hint

When the market reopened after the long Presidents Day weekend, it looked like May was ready to break out of its flagging pattern when it traded to a high of 85.24 cents on Wednesday. However, there was still enough opposition by the trade to reject further advances for now, forcing the market to retreat. Trade shorts are obviously still convinced that their massive net short position in New York is warranted and that it will sooner or later pay off. According to the latest CFTC report as of