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Gap Inc. is buying multi-store luxury boutique Intermix to the tune of $130 million, according to Women’s Wear Daily. The two companies have been in talks for at least a month; with Intermix looking to expand it’s reach and Gap looking for an opening in the luxury market.
The pairing will likely be beneficial for both companies. Gap will be upping its fashion credibility by investing in a highly fashionable store. Intermix will have a major retailer behind it, with the resources and expertise t
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Photography by Steven Meisel for Prada
It’s been a couple of months since we first feasted on Prada’s Spring 2013 collection, but any weariness of those toe sock/thong shoes has all been washed away with the just-released spring campaign.
Simply put, Prada’s Spring 2013 collection was a whole lotta Japan-meets-sixties look, and it seems that streamlined styling was the name of the game for the Steven Meisel-shot advertising images. The modeling A-list amongst its stars include Raquel Zimm
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Photography by Willy Vanderperre for Christian Dior
hristian Dior‘s first ready-to-wear ad campaign under the direction of Raf Simons hit the web this week. And while the images are different from what Dior has done in the past, they are just as eye-catching as Simons’ Spring 2013 runway collection that debuted at Paris Fashion Week last fall.
Photographed by Willy Vanderperre, the campaign has all the Raf Simons hallmarks: understated but with a sense of surreal-ness. Opting to part with Jo
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In Punjab, ginning factories got 8.35 million bales, down 13% and in Sindh, the ginning units received 3.24 million bales, up 35%. PHOTO: FILE
ISLAMABAD: Cotton farmers have so far supplied 11.5 million bales to ginning factories in the current season, which is 3.4% less than the same period of last year, indicating a slowdown in arrival of cotton in the market.
According to a fortnightly report on cotton production issued by the Pakistan Cotton Ginners Association (PCGA), ginning factori
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The domestic cotton production data released by the Pakistan Cotton Ginners Association (PCGA) here on Thursday shows that the country has reaped less cotton by now this season, as compared to last year. As per the statistics, ginners received around 11,586,730 bales of seed cotton (phutti) by January 1, which is 3.7 percent or 445,440 bales less than the cotton arrived by same time last season.
Of the new arrival, textile mills have procured around 9,735,806 bales of cotton till January 1, whi
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BangladeshBank (BB) extended the time limit by one month for textile millers to submit applications seeking cash incentive.
The central bank in a directive issued Wednesday said the owners of the textile mills would be allowed to submit applications for cash incentive in 30 days from the "issuing date of this circular".
Responding to a request of Bangladesh Textile Mills Association (BTMA), BB on November 2, 2011, announced that all spinning, weaving, dyeing and finishing sections of texti
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Item
WidthCM
Specification/Weight(meter)
Wholesale Price: yuan/meter
Wool/polyester woolen cloth
150
600
26.50
T/C80/20 machine Dyed Plain fabric
150
45S×45S 110×76
6.40
Polyester golden-thread slubbed window screen
280
300
11.30
Nylon/polyester double wale dyed window screen
280
nylonpolyester30D×20D/35tatting
4.00
Full-size polyester clipping printed curtain fabric
280
600
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Photo document of textiles industries. (ANTARA/Rosa Panggabean)
The director of the Industry Ministry`s Textiles and Miscellaneous Industries, Ramon Bangun, said textiles and their product variants (TPT) will face two obstacles in 2013 that will hamper the development of the industry.
"One of the obstacles is an increase in electricity prices by 15 percent. Another obstacle is the Financial Regulation No. 253/2011, which looks into the repayment of import tariffs," said Ramon on Wednesday.
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The US Congress might discuss the provisions of the Save Our Industries Act (SAVE Act) this week, a Department of Trade and Industry official said Wednesday.
"Unfortunately, SAVE Act was not tackled in December because the US Congress was very much concerned with their fiscal cliff situation. So there was no trade bill discussed...[W]e are hoping that this week, proposals in the garments bill will be tackled along with other multi-lateral trade bill proposals," Trade Undersecretary Cristino Pan
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