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2015-09-11 16:00:00
Increase in demand for cotton by mills to build up inventories
At the cotton market, buyers have started building their inventories to keep their mills running till the end of this month with Eidul Azha approaching which will be celebrated during the last week
2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2015-06-11 15:00:00
Indonesian textile makers in trouble over rising production costs and low sales
With an economic slowdown pressing people’s purchasing power, Indonesian textile producers are facing weak sales and rising production costs. They have urged the government to take swift
2015-06-04 13:00:00
Ratan Tata invests into Kaaryah Gurgoan based fashion portal for women wear
Ratan Tata, former chairman of Tata Sons, has made yet another undisclosed amount of investment in his personal capacity into Kaaryah, fashion portal for women's wear. Gurgaon based online venture,
2015-06-03 13:00:00
Meet the Manufacturer conference and trade show begins in London today
A trade show and conference to promote UK fashion and textile manufacturing begins at Tobacco Docks, London today. It will go on for two days, 3 and 4 June. Meet the Manufacturer conference will
2015-05-22 11:00:00
UK clothing retail sales volume picking up in April
British clothing retail witnessed rise in sales volumes in April by a stronger-than-expected 1.2 percent from March as consumers took advantage of falling prices and unusually warm weather encouraged
2015-05-21 15:00:00
Ikea targets to boost export value to US$ 1 bn will produce more in Indonesia
Ikea, the Swedish multinational company who achieved sales of ¤30.1 billion last year in its 361 stores worldwide, is looking to produce mattresses and flat-pack furniture in Indonesia next
2015-05-16 11:00:00
Cotton prices in Pakistan domestic market persists its high rise
The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of
2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-02-26 17:00:00
Indian economy surges as other big developing market stumble
Multinational companies are looking to expand their Indian operations or start new ones as the stock market and rupee are surging. The growth in India's economy, long a laggard, just matched China's
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