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Polyester chain pricing correction continues reflecting oil deflation
Polyester chain prices have started reflecting the deflating oil prices. Beginning at the upstream ethylene prices fell in Asia but gained in US on supply imbalance. Similarly, paraxylene markets
LVMH gives Loro Piana free hand even after acquistion
LVMH, a French multinational luxury goods conglomerate, headquartered in Paris and a home to 70 distinguished Houses rooted in six different sectors. True to tradition, each of their brands builds on
FESPA Brand attracts more of Asian visitors
The FESPA 2015 Global Expo recently held in Cologne, Germany welcomed a significant increase in Asian visitors, including nearly 300 from China. Among the 23137 visitors, there was a 59% increase in
DGFT urges exporters to tap and diversify into Latin America, CIS nations and Africa
Director General of Foreign Trade (DGFT), Union Ministry of Commerce and Industry urges Indian exporters need to look beyond eurozone and explore opportunities in emerging markets such as Latin
Textile ministry to look at possibility of duty cut on MMF
The textile ministry in consultation with the finance and revenue departments to look at the possibility of a duty cut on man-made fibre as high cost of key raw material for manufacturing blended
What will be the impact on India’s textile trade with Greece - The trepidation
India export was worth US$363 million in 2014 to Greece while it imported US$131 million worth of goods from the crisis ridden European country. In textiles, exports were worth US$45 million and
Cheaper rates prompt home textiles exporters in Karur to use sea route
The textile hub of Karur has been witnessing booming business in home textiles with the volume of exports estimated at over Rs. 3,000 crore, according to trade circles. Despite robust growth in
Indian fashion designers make attempt to give Benares silk a new life
Benares silk sari, an age old rich, painstakingly hand woven traditional fabric of India, once the prized possession of every Indian woman and an essential item in a bride’s trousseau is
Government reworking its strategy on FTAs
The government of India as it revives its push for bilateral deals to corner a greater share of the export market is reworking its strategy on free trade agreements (FTAs). Rules of origin are at
Turkish textile hub hopes to regain losses from Russian crisis in coming season
The Laleli quarter of İstanbul known as Turkey’s textile hub with hundreds of shops sell clothing products at the retail and wholesale level mainly to Russian buyers. In the past year and
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