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recession
2015-09-22 16:15:00
Silk rearers from South Kashmir faces recession due to sharp plummet in rates
South Kashmir people associated with the business of silk farming, that is rearing of silkworms for production of silk are badly affected due to sharp plummet in the rates of silk worms. The annual
2015-01-19 12:00:00
Cotton growers of Vidarbha likely to face another year of recession as China to curb import
Chinese demand is an important factor for determining market prices of raw cotton and lint. Due to a fall in Chinese demand, cotton prices have touched the minimum support price of Rs4050 a quintal
2014-12-28 10:00:00
Surat man-made textile sector sees dip in daily production due to recession
The daily production of man-made fabrics in Surat has gone down from 3 crore metre to 2.3 crore metre in the past 20 days due to recession faced by the industry. Decline in production by at least 20
2014-12-27 10:30:00
Greeks paving a way in their textile industry recession
The Greeks are trying to find their way to overcome the downslide in its textile and clothing industry.The prime reasons for their downslide is improper tax policy,loss of traditional industries and
2022-01-18 14:54:17
Asos plans to enhance the UK economy by GBP3.8 billion
UK online fashion retailer, Asos, has released its first economic impact report, underlining the magnitude of the company's contribution to the UK economy and society. According to Asos, the
2020-05-11 12:49:48
Cotton demand comes down during pandamic
The rapid spread of COVID-19 has severely impacted the global cotton supply chain. An unexpected reduction in cotton mill use data is observed across all of the major cotton spinning countries,
2020-05-08 13:04:37
Lenzing’s performance impacted by the unpredictable market
In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group reports that it has held its ground well in the
2020-05-06 09:31:06
CCI purchases record 7.5L bales cotton from Gujarat growers
With prices continuously going southward, the Cotton Corporation of India (CCI) is proving to be the saviour for Gujarat cotton-growers. CCI has already purchased over 7.5 lakh bales (170 kg per
2020-04-03 07:07:48
Is this the worst year to sow cotton?
It is ironic how quickly well-crafted demand estimates can become dated. In late February, US Department of Agriculture released figures for 2020 global cotton outlook. Back then, the ‘Phase One'
2020-03-04 09:01:01
Apparel companies become careful as OECD warns on coronavirus
Financial institutions have warned of the impact coronavirus could have on the global economy as clothing and footwear companies assess impact on supply chains, sales and revenue. The Organisation
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