New Zealand Wool Services International Ltd reported that 10,700 bales of North Island wool on offer this week comprising a high percentage of shorter Second Shear Wools saw an 85.3 percent clearance with most types firm to slightly easier. The weighted indicator for the main trading currencies came down 0.46 percent with little impact on the market. Careful buying by clients and very tight shipping schedules are the main market influences keeping wool prices in a narrow trading band. Fine C

Michael Gerard ‘Mike’ Tyson, the world-renowned American heavyweight champion, has launched a clothing range named ‘Mike Tyson Collection,’ exclusively meant for the professional boxers. The legendary boxer’s apparel line offers a range of T-shirts and boxing accessories, featuring the images of his career and body art. The collection will be available for sale at London Fight Zone, Lillywhites and the online store sportsdirect.com. The retired American professional boxer Mike Tyson hol

Kemper Development Company’s dazzling Fashion Week at The Bellevue Collection runway shows raised more than $62,000 for The Moyer Foundation and Bellevue LifeSpring. Posh Party Beauty and Trend Show, held Friday, Sept. 28th, raised some $10,000 for Bellevue LifeSpring and the signature event of the week held on Saturday, Sept. 29th, Front Row Fashion presented by Vogue, raised more than $52,000 for The Moyer Foundation. Both shows were underwritten by Kemper Development Company so that 100% of t

American television host and actor Mario Michael Lopez, Jr. has launched his debut men’s innerwear range ‘Malo’. The 38-year-old actor modelled for his own line covered in gold-coloured paint, and wearing a pair of black drawers. The collection will be available at K-Mart, an international chain of discount stores headquartered in the US. The discount chain specializes in a variety of clothing, linens and other home accessories. The California-based actor has appeared on several popular

India’s cotton exports in 2012-13 is expected to fall to 7 million bales compared to 12.8 million bales last year following sharp fall in Chinese demand, according to the Cotton Advisory Board headed by the textile commissioner. Around 65% of India's cotton exports is shipped to China and thus this year due to lack of demand from China. "China's imports will be lower as their crop is good as well as they have huge stock piles with them," said A B Joshi, Textile Commissioner said. India's

THE Mayor of Colac Otway Shire, Cr Stephen Hart (pictured) has labelled the closure of Fonterra's Cororooke plant, a "tragedy" for the region. As news began to digest in the tiny township of Cororooke and district, the Shire pledged to do everything it could to help the transition for the 130 workers that could lose their jobs in the restructure of Fonterra's Western District dairy production. The Cororooke factory was closed for two days this week to give workers a chance to recover from th

China's textile industry in 2012 continues the slowdown trend since last year. The growth rate of main economic indicators such as output, export and investment all experiences decline in the first 7 months of 2012, reported . The total industrial output of 37,000 large textile enterprises above a designated size in the seven months increased by 10.9 percent to 3.14671 trillion yuan,18.8 percent lower than the growth rate in 2011. New investments into textile industry slows down as well. Fro

Federal Textile Minister Makhdoom Shehabuddin has said that the government will provide all out support to carpet industry with a view to enhance export.He was speaking at an opening ceremony of the three-day Carpet Exhibition organised by the Pakistan Carpet Manufacturers and Exporters Association here at Expo Centre on Sunday. Besides PCEMA Vice Chairman North Muhammad Saeed Khan, Exhibition chief coordinator Aslam Tahir, Association’s former chiefs, including Maj (r) Akhtar Nazir Cooki, Sheik

The international textile and apparel fair scheduled to take place from November 22 to 25 in the city is expected to provide domestic companies a global platform as buyers from 58 countries have confirmed their visit to the event. Besides, four states have also sent their consent to participate in the event. The fair 'Vastra - 2012' supported by Union ministry of textile and to be organized by RIICO and FICCI, is going to be one of its kind in the country like the 'Stone Mart' as the focus wil