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Related Keywords: Apparel Sourcing, Apparel Textile Sourcing Miami, booming apparel and textile market, brand development, eCommerce and education, fabric mills, fabric suppliers, from concept-to-consumer, global industry, global supply chain, global trade, hot spot for all things fashion, logistics, ready-made garment factories, technology, trade offices and home textile suppliers, wholesalers

Global industry event to feature fabric suppliers, full package manufacturers, and service providers, bringing together the best minds specializing in apparel sourcing, logistics, brand development, global trade, technology, eCommerce and education. Miami will be a hot spot for all things fashion, from concept-to-consumer, as the Apparel Textile Sourcing Miami (ATSM) show gets underway May 28-30 at the Mana Wynwood Conference Center, coinciding with Miami Fashion Week to present a jam-packed event that features the latest developments shaping the booming apparel and textile market.

Related Keywords: APEC, between TPP members, DBS, diversion of service trade, global trade, improved market access, might erode India's market share, Negotiations on-going with the ASEAN, RCEP, Singapore banking group, tariff reductions, TTP agreement

The Trans-Pacific Partnership (TPP) which includes a group of 12 countries, led by the US reaching a tentative agreement earlier this week, concern is whether improved market access, tariff reductions and diversion of service trade between the TPP members, as and when it becomes effective, might erode India's market share. However, real impact is likely to be smaller as the TPP is likely to take years to implement.

Related Keywords: apparel export, duty free entitlement, global trade, handloom sector, Indian textile industry, integrated textile parks, largest contributing sector, lion share, organized and unorganized sector, RMG, Textile Minister, total export basket

The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly 13.25% to the country’s total exports basket with exports to the tune of $41.57 billion (about Rs. 2,65,100 crore) in FY2013-14.

Of which the Ready Made Garments (RMG) contributes to a lion’s share of global trade with a chunk of 55% in the total exports. India is ranked sixth with exports to the tune of $16 billion, which is around 40% of the country’s textiles exports.

Related Keywords: announced investigation, biggest importer, combed cotton, cotton bales, dumping US cotton, global trade, non carded cotton, price sink, Turkey, Turkish cotton industry, US National Cotton Council, US upland cotton

Turkey, the biggest importer of US upland cotton last year, buying 1.1 million bales worth about $500 million announced the investigation into possible dumping of US cotton in the country, the US government and an industry group said, the third dispute over US cotton in recent years and a sign of rising tensions in global trade as prices sink.

Related Keywords: global trade, GSP plus regime, Pakistan textile policy, readymade garment, textile sector, value added textile sector

The delay in reintroducing the textile policy poses a big challenge to the Pakistan textile sector to deal with the global buyers for the coming seasons. The entire textile sector is under stress for want of a policy and held up in midway to carry on their global trade especially with the EU under the GSP Plus regime as the textile policy lapsed last month. The policy that helps the industry boost.
 

Related Keywords: global trade, stakes, stitching, Trans-Pacific Partnership, Vietnamese textile industry, Vinatex, weaving and dyeing, yarn production

Vietnam's top textiles manufacturer, Vinatex or Vietnam National Textile and Garment Group to fund restructuring and boost profit plans to sell stakes, in a listing it hopes would accede with the agreement of the Trans-Pacific Partnership (TPP) - a 12-nation pact that would cover a third of global trade.
 
Vinatex will conduct its IPO on the Ho Chi Minh Stock Exchange on July 22, offering 24.4 percent of the company, or 122 million stakes, at a starting price of 11,000 dong (52 U.S. cents) each.