Textile company Raymond Group plans to now moving from consolidation mode into the growth mode and is looking to take on rival brands such as Louis Philippe, Arrow, Van Heusen, Peter England and John Miller, with its new line, which will be introduced under its Raymond brand that’s known more for its suitings fabric range.
An exhibition 'Dhoop Chaon' was organized by Rehwa in the city by presenting their collections of Maheshwari saris, duppatas and fabric with an aim of reviving and promoting weaving tradition of Maheshwar. Rehwa society, a quarter-century old Not-for -Profit organization started in 1979 , in response to the need to revitalize the weaving industry in Maheshwar. Handloom weaving tradition in Maheshwar owes its genesis to Maharani Ahilyabai Holkar
Toray Industries, Inc., the Japanese multinational corporation that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry, ventures big markets areas- India and USA by devising to set up airbag textile factories.
South Korea and Canada are all set to augment their exports by joining hands under the Free Trade Agreement (FTA).The fresh new joint declaration is all set to boost the attire and footwear trade of both the nations.
According to Canada’s Department of Foreign Affairs, Trade and Development it is the country’s first agreement with an Asian nation .They expect the pact to boost Canadian exports by 32%, adding C$1.7bn to the domestic economy. This will help the Canadian firms to participate in the business chase with chiefly South Korea, the US and the EU.
The Indian cotton trade and industry sees various reasons for cotton price flux and is contemplating at commodity future as an alternative to overcome this situation presently faced by them.
The steady demand, limited wool volumes and exporter shipping requirements are in a fine balance at present, with only the stronger NZ dollar holding prices back compared to last sale on 6th March
Of the 6,300 bales on offer 78.5 percent were sold. Fine Crossbred Fleece and Shears 32 to 35 micron were firm to 1 percent cheaper.
Good and Average Style full fleece 36 micron and coarser were up to 2 percent cheaper with poor styles fully firm.
One of the world’s easternmost countries, Hongkong and Myanmar have finally decided to link up with the Liberal Party lawmaker Felix Chung Kwok-pan representing the textiles and garment constituency.
India, the world's second biggest cotton producer has seen a rise by five percent in its cotton exports till February of this year. It exported 7.8 million bales, one bale has 170 kg. Exports from December to February were primarily to China, Bangladesh, Vietnam, and Pakistan. However the pace of shipments is expected to lessen in coming months depending upon demand from China as per the latest report.
In Faisalabad, there are over 250,000 home based power looms and most of them are producing grey fabrics for local consumption with very limited capital and are not aware of the international market requirements. These small millers with the support of the textile tycoon are now turning to exporters.
Pakistan is one of the major exporters of grey fabric after Chinese exporters opted out due to closure of weaving factories in China due to expensive labour and expensive raw material, the buyers were moving to the regional countries for the import of grey cloth.
Bugaboo is a Dutch pram and stroller producer headquarter in Amsterdam with offices around the globe established in 1999 by designer Max Barenbrug and physician Eduard Zanen has launched a range of rugs and pram accessories created exclusively with Australian wool. The seat liner, mattress cover and blanket will be sold in 2000 stores around the world. These products will be part of their permanent collection sold globally. They will fit all four of their models of stroller. Australian fine wool will keep babies riding in luxury in 50 countries.
