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2015-03-21 10:00:00
Pressure on Chinese export as euro sinks against yuan
The price advantages of Chinese exports to the European market have been mitigated by the euro deflation. The weak euro will also spur eurozone exports to other markets, adding competitive pressure
2015-03-13 14:00:00
AMITH signs performance agreement to increase exports to 464 mn by 2020
The Moroccan Association of Textile and Clothing (AMITH) is an important player in the Moroccan economy with more than 850 members has entered into a performance agreement as per the terms the
2015-03-07 11:00:00
Bangladeshi terry towel makers badly hit due to drop in cotton price
More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The
2015-03-02 12:30:00
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
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
2015-02-18 14:00:00
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
2015-02-07 12:00:00
Texpreneurs to submit report on financial stress faced by the Indian textile industry
Texpreneurs Forum is planning to submit a report on the financial stress faced by the textile industry in the last 2-3 year to the Finance Ministry for that they are in the process of appointing an
2015-01-11 10:00:00
Bahrain textile sector’s next focus to get TPL extended to remain viable
Bahrain's textile industry has got a temporary relief with the extension of a key clause under the 10-year-old US-Bahrain Free Trade Agreement (FTA) as the industry’s representative from
2015-01-03 15:00:00
India sought clarification from the WTO on phasing out the subsidy for textile exports
India’s textile and garments sector employ over 35 million people and accounts for over 12% of its total exports. The export subsidies offered by India for Textile and Clothing are under
2015-01-03 11:00:00
Intertextile Shanghai 2014 recorded a new high both in number of exhibitors and visitors
Intertextile Shanghai Apparel Fabrics- Autumn Edition 2014, the world’s largest international apparel fabrics and accessories trade fair recorded a historical high both in the number of
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