In Jiangsu, 40s compact sirospun yarn prices rolled over in the third week of June while 30s spun viscose in Xiaoshan remained unchanged on the week. Offers for ring-spun 30s yarn were down US cents 5 a kg on the week.
Spun viscose yarn market performance appeared soft that week in China as upstream VSF prices for medium‐end goods inched up while high‐end goods rolled over. However, offers for ring-spun 30s yarn moderated on demand squeeze while offers for other specs were largely flat.
Indonesian Industry Ministry, Saleh Husin is encouraging its textile industries order to develop or diversify products for fashion needs. In a press release on Saturday, Industry Minister said that diversification is a strategic move because of the current development of the market demand for raw material for fashion products is relatively high.
Unfortunately, he added that most of the raw materials are imported.
The 2016 edition of Intertextile Pavilion Shenzhen is entering its final preparation stages with the show set to attract key industry players to do business in the heart of China’s textile manufacturing region and welcome new design studios from the UK who will be making their debut.
Intertextile Pavilion Shenzhen is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; the China Textile Information Centre; and the Shenzhen Garment Industry Association.
MAS Holdings, a leading Sri Lankan conglomerate and is positioned as one of the world’s most recognized Design–to-Delivery Solution Providers in the realm of Apparel and Textile Manufacturing has announced opening plants in the Caracol Industrial Park (PIC) in Haiti soon.
The Deputy Chairman of MAS Holdings Sharad Amalean at a reception organized by the National Society of Industrial Parks (SONAPI) on Wednesday, announced the implantation of plants of the intimate apparel manufacturer in Caracol Industrial Park, Haiti.
Uztex, Uzbekistan based leader in the production of socks has inked a EUR 40 million contract with Lonati, world’s leading manufacturer of socks machinery that claims to output 30% of Uzbekistan’s textile production, for the supply of 1,024 machines. This is one of the largest orders in the history of the Brescia based textile machinery manufacturer signed in Zurich last month.
Although short supply of cotton to some extend slowed down the trading activity at the cotton market yet brisk trading was seen on Friday amid strong demand from spinners. Cotton brokers said that increasing interest of Indian spinning mill owners in Pakistani cotton has accelerated the local market.
The Karachi Cotton Asso¬ciation, however, reduced its spot by Rs50, to Rs5,550 per maund.
According to cotton brokers, July will be very crucial month in connection with the cotton as there is an increasing trend in the prices of cotton in the Indian cotton market.
Africa-inspired designs are now regularly shown on the catwalks in fashion shows in Paris, London and Milan. Fashion is big business, the combined apparel and footwear market in Sub-Saharan Africa is estimated to be worth US $31 billion according to data from Euromonitor International.
It is important to look through a value-chain approach to see the contribution that a "made in Africa" brand can make to African economies. Technological changes in manufacturing, distribution and marketing are driving the growth of the fashion industry.
With more than 30 Australian woolgrowers toured Vietnam and Hong Kong this month to witness the growth in the use of wool and to hear about the effectiveness of their levy-funded marketing. Australian Wool Innovation’s marketing subsidiary The Woolmark Company has set an ambitious target to absorb three percent of Vietnam’s $27 billion textile export market within four years.
As the 2014-15 financial year saw the Vietnamese textile market acquire 800,000 kilograms of Australian wool - predominantly via early stage processing mills in China.
THE PATTERN CLOUD new pioneering online marketplace founded by six of the textile world’s leading design companies - Amanda Kelly, Bay & Brown, Gather No Moss, Owens & Kim, Peagreen, and Whiston & Wright for print, pattern and latest designs and more has opened its virtual doors to fashion and textile buyers worldwide this June.
Powerloom Development and Export Promotion Council and the Regional Office of the Textile Commissioner have organized a three day textile buyer-seller event in Coimbatore where textile mills and weaving units from different parts of the State have displayed their products. The event was inaugurated on Friday by G. Bakthavathsalam, chairman of KG Hospital.
