China's textile and garment export dropped 12.35 percent to 16.38 billion U.S. dollars in July from the same period last year, according to the latest statistics on the official website of the General Administration of Customs. The figure in July, however, was 21 percent up from 13.48 billion U.S. dollars in June. The textile and garment export declined 11.15 percent to 89.17 billion U.S. dollars in the first seven months from the same period last year due to sluggish demand in China's

The Pakistani government on Wednesday announced the first ever five-year Textile Policy 2009-2014 that aims at taking the country's textile exports from the existing 10 billion U.S. dollars to 25 billion by the year 2015, local media reported Thursday. A special cabinet meeting chaired by Pakistani Prime Minister Yousaf Raza Gilani approved the policy. Gilani said the introduction of a quota-free trade regime posed more challenges for the country's ill-prepared textile industry and hop

A model displays a creation by Colombian designer Daniel Hoyos during a Pasarella for the Colombiamoda fashion show in Medellin July 28, 2009. A model presents a creation by Colombian designer Agua Bendita during the Colombiamoda show in Medellin July 28, 2009. Models present creations by Colombian designer Agua Bendita during the Colombiamoda show in Medellin July 28, 2009 A model presents a creation by Colombian designer Agua Bendita during the Colombiamoda show in Med

July exports of textile and garment products fell 12.3 percent year-on-year, sharper than the 6.8 percent decline in June, the 21st Century Business Herald reported today, citing an unnamed source. China's textile and garment exports totaled $89.2 billion in the first seven months of this year, down 11.3 percent year-on-year, the paper said. Source: China Daily

China's Taiwan is the leading investor in Cambodia's garment sector with 68 factories out of 274 in operation, local media reported on Wednesday. The industry figures were released by the Garment Manufacturers Association of Cambodia (GMAC), an industry body. Kaing Monika, GMAC's external affairs manager, was quoted by the Phnom Penh Post as saying that Chinese mainland is the second-biggest investor in the sector, with 55 factories. China's Hong Kong is third with 51 factories, while

The Bangladeshi government and apparel factories' owners continued to completely douse the blaze of labor unrest at a mega industrial belt Ashulia on the outskirts of Dhaka for the fourth straight day on Tuesday. The unrest, triggered on June 27 reportedly by a trifling issue of not allowing three workers to join work due to late presence, turned severe in the last three days, leaving 2 workers dead in the clash with police and hundreds of workers and policemen injured. Thousands of an

The Vietnam's Garment and Textile Association said that the country is making efforts to boost garment and textile exports up by 6 percent in the second half of the year, the local newspaper Vietnam Economic Times reported Wednesday. Vietnam suffered a 4.7 percent decrease year-on-year in export turnover of garment and textile in the first half year to 4.14 billion U.S. dollars, said the association. The decrease was due to shrinking demand from the country's traditional markets caused

Amazon said Wednesday that it is acquiring Zappos, an online shoe retailer, for 10 million shares of Amazon stock, which was the largest acquisition in its history. The stock used for acquisition was worth about 887.9 million U.S. dollars at Amazon's current level. Amazon also said it would give Zappos employees an additional 40 million dollars in cash and stock. The deal is expected to close in the fall. Zappos, a private U.S. company based in Henderson, Nevada, has won fans with perk

The use of plastic shopping bags at supermarkets and retail chains in Hong Kong dropped by as much as 80 percent since an environmental levy was imposed a month ago, a local retailer association has said. The number of those who visited stores with shopping bags of their own also increased by 67 percent, local newspapers reported Saturday. Nevertheless, a survey also showed that 58 percent of stores and business owners complained of falling turnover on Fridays and weekends, said Caroli

China's cotton planting area in 2009 has declined an estimated 11.34 percent from last year, said a report on the official website of the China Cotton Association (CCA). Based on its survey in 13 major cotton-planting areas, including Hunan and Jiangxi provinces and the Xinjiang Autonomous Region, the CCA said that the planted area would reach 5.21 million hectares this year. Faltering demand from the textile industry had depressed cotton prices and reduced farmers' willingness to prod