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decline+purchasing+power
2023-11-13 17:05:19
Lenzing advances sustainability goals with investment in renewable energy
Austrian fiber leader, Lenzing, is reinforcing its commitment to environmentally friendly energy by investing in a new wind farm. The collaboration with Austrian electricity producer WLK energy
2019-11-18 07:37:59
Jordan's textile clothing syndicate President convokes for mediation to 'rescue sector'
Jordan’s Textile and Readymade Clothes Syndicate President Munir Deyyeh on Friday said that sales have declined by 35 percent in 2019 compared to 2018, which also saw a decline compared to previous
2019-06-27 22:55:00
Tata retail planning to be the Indian Zara at lower rates
Trent views trendiness as its main advantage over these competitors. To that end, it’s working to make its fast fashion supply chain even faster, said Tata. For nearly a decade, Tata Group has
2017-03-04 10:00:00
Kyrgyzstan plans full cycle of industrial production to boost textile industry
The 9th International Trade Fair in Bishkek dedicated to products and equipment in the fashion industry opened on 2nd March. The Trade Fair aims to strengthen business contacts and expand cooperation
2016-03-31 13:00:00
Pakistan’s exports to EU plunge by 12pc in first 11months of 2015
Pakistan’s exports to the European Union (EU) in the first 11 months (January-November) of 2015 has plunged from $6.96billion to $6.13 billion in the same period last year, a drop of 11.93
2016-02-22 14:00:00
Turkish textile industry set to open up to Iranian and African markets
Turkish textile and ready-made clothing sectors to make up for their losses experienced since bilateral political relations were strained with Russia, is all set to open up to Iranian and African
2015-09-02 12:15:00
Small Indonesian textile companies on the brink of closure
The textile industry in Indonesia is currently facing pressure from both inside and outside the country. The slowing economic growth of the country led to a decline in the people’s purchasing
2015-07-31 11:00:00
Indonesian TPT industry faces pressure from both inside and outside the country
Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first
2015-04-13 10:00:00
Cotton Corp plans to float global tender to sell stock procured under MSP
Cotton Corporation of India (CCI) has procured cotton of around 9.1 million bales under the MSP (minimum support price) operation, all time high cotton inventory this year, surpassing previous
2014-07-19 17:00:00
Poor demand from spinning mills to slew cotton prices
With China continuing to decrease cotton yarn imports from India, demand for cotton from domestic spinning mills for producing yarn is set to decline, it is also low purchasing power that has led to
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