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Cotton yarn exports fall to 25% in Q1
The export of cotton yarn has dropped 35% in the first quarter of FY20 to $696 million compared to $1.063 billion in the same period last fiscal. Quoting government sources, the Confederation of
Falling Indian domestic price gap to boost cotton imports
The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is likely to boost imports further this year, says a report.
Garment and footwear firms wating for EVFTA benefits
Textile, garment and footwear products made in Vi?t Nam will not enjoy immediate tariff cuts after the EU-Vi?t Nam Free Trade Agreement (EVFTA) comes into effect, according to a report from B?o Vi?t
Cotton prices become steady
Cotton prices were stable on the market on Saturday amidst modest trading. The Karachi Cotton Association kept its spot rate unchanged at Rs8,200. Cotton experts said a steady trend prevailed in
H&M planning to boost profits this FY
The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments. Hennes & Mauritz AB surged after the struggling Swedish clothing
Readymade garment exports go up in May
Export of readymade garments has increased 9.25% in April-May this year compared to the corresponding period last year. “This is clearly because of the support announced by the government in
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India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory
Plastic, paper, cotton or polyester bags?
The movement of the plastic bag ban has been gaining momentum in the last 10 years. Since 2007, more than 240 cities and countries have passed laws that have either banned or taxed these plastic
Lebanese textiles factory in turmoil
The Mzannar family’s 300-year-old textile business survived Lebanon’s civil war by making uniforms for militiamen. But its business savvy was no match for years of economic malaise that
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