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Related Keywords: Pakistan fashion industry

Pakistan fashion industry has always been conservative over the years. But now, the new-age designers are trying to give it a contemporary twist to meet the fashionistas stylish demands. In the recent ongoing Sunsilk Fashion Week 2014 by fashion body Pakistan Fashion Design Council saw a touch of traditional fused well with modern cuts.

Pakistan’s fashion ramp from traditional Pashmina kurtas, salwar-kameezes to shararas and ghararas in the past has moved to off-shoulder gowns, sleeveless dresses and even backless outfits now.

Related Keywords: Pakistan textile industry

Pakistan’s economy is directly linked with the textile industry as it contributes more than US $ 13 billion in the country’s total exports. According to the Federal Minister for Textile industry Abbas Khan Afridi, if the textile industry grew, Pakistan will make progress and hence the textile ministry plans to double its textile trade volume in coming years.

Related Keywords: fashion brand, Flippa K, garment care

Filippa K, a leading Scandinavian fashion brand with a design and look that breathes style, simplicity and quality is launching its newest product line with a focus on garment care. Their collections commonly include fine textiles, like wool and silk, that needs special care during laundering.

Filippa K’s garment care products are group into two, fine wash and fine care. The ingredients include aloe vera and lecithin from soy beans. The Fine Wash is developed with a strong focus on skin. The products were tested for allergies and seen that they are gentle on skin.

Related Keywords: Chemical manufacturing plant, Sri Lankan BOI, textile processing

Sri Lankan Board of Investment has entered into an agreement with S & D Chemicals (Pvt) Ltd., to set up new chemical plant which will manufacture products considered necessary for textile processing and wet processing of garments, will be a big boon for its local textile industry.

S & D Chemicals is specialized in the manufacturing of Industrial chemicals used in the textile industry as well as polymers for textile processing, coatings and water treatment operations.

Related Keywords: Angolan textile company, rebuilding work, weave cotton

ÁfricaTêxtil, an Angolan textile firm in Benguela, which filed for bankruptcy in 2000 is undergoing rebuilding and modernization work will be once again starting production on completion of its rebuilding and modernization work under a private group Alasola.

The work to rebuild the facility has been given to Japanese company Marubeni which began in March 2012. It is expected to involve cost to the tune of US$480 million, funded by the Japan International Cooperation Bank. The work will be completed by August.

Related Keywords: EU market, TPP agreement, Vietnam garment industy, zero tax rate

Vietnam on entering into an agreement with two leading markets, the US and EU will see a boost in its textile and garment industry. With the signing of Trans-Pacific Partnership Agreement (TPP) and Vietnam-EU Free Trade Agreement, the Vietnamese garment and textile products will start enjoying the benefit of zero percent tax rate in the US and EU markets.

Currently, the average tax rates applied to the Vietnamese garment and textile products in the US and EU markets are 17.5 percent and 9.6 percent respectively.

Related Keywords: Bangladesh, Pakistani textile unit, unfair policies

The unfair policies of Bangladeshi government has created an insecurity amongst the Pakistani investors who had relocated their textile units in Bangladesh as they faced acute energy shortage and fluctuating tariffs of utilities in Pakistan. The Investors of Pakistan textile units in Bangladeshi are left with no other alternative but to move back home once again.

Bangladeshi government policy has left Pakistani investor altogether flustered, as Bangladeshi feels Pakistan is responsible for overplaying the collapse of a textile factory building in Dhaka at global markets.

Related Keywords: Pakistan cotton market

The Pakistani domestic cotton market continues to remain dull with low demand for cotton yarn and cotton prices moving lower on Thursday. Also the recent strength gained by the Indian rupee and weaker Chinese currency have somewhat checked yarn exports from India to China.

The availability of cheap Indian cotton yarn in the local market has plunged with the passage of time due to appreciation in the value of the Indian rupee versus the dollar.

Related Keywords: DMT producers, Indoram Ventures PLC, polyester staple fibers, SASA, Turkish textile market

Indorama Ventures PLC through its subsidiary Indorama Netherlands B.V. (IBV) from Hacı Ömer Sabancı Holding A.Ş. (Sabancı Holding) has finally under the financial advice of Standard Chartered Bank managed to take over 51% stakes of SASA a leading producer in the world for polyester staple fibers, filament yarns, polyester-based and specialty polymers and intermediates (DMT). As per the Turkish Capital Markets Legislation, the balance 49% SASA’s share on the Borsa Istanbul and IBV will run a mandatory tender offer.

Related Keywords: Indian technical textile

The Technical Textile market of India is likely to see growth over the period of time due to advantageous subsidy schemes and strategies put in place by the government. There is also a rise in the export of technical textile products. Currently, it exports 7-8 percent of technical textile products manufactured in the country.