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Sferra announces acquisition of Brahms Mount
Sferra Fine Linens, Italian luxury home textiles supplier operating in Venice acquired Brahms Mount, an American textile designer, manufacturing mill and retailer. Sferra President Steve Schneider
Bangladesh registers healthy export earnings during July-Nov period
Bangladesh registered healthy export earnings of 13.73 percent totaling $2,749.34 million in this November against $2,417.43 million fetched during the corresponding period last year which is
Textile growth opportunities discussed at Ethio-Korea Forum
At the Ethio-Korea Business Forum held in the Ethiopian capital on 3rd December 2015, the two countries discussed over the growth opportunities in the textile industry and trade cooperation. The
EU-Vietnam Free Trade Agreement signed to take effect from 2018
The FTA is considered one of the most comprehensive and ambitious trade and investment agreements. The Minister of Industry and Trade of Vietnam, H.E. Vu Huy Hoang and the European Commissioner for
Bangladesh ban on raw jute exports hit Pakistani jute sector
As the export of raw jute of Bangladesh remains suspended until further notice puts Pakistani jute industry on verge of collapse. Under section 4 and 13 of the Bangladesh Jute Ordinance 1962, the
Government to launch the pilot of DPDS for cotton farmers
The Centre is planning to launch the pilot of Direct Payment Deficiency System (DPDS) during the current cotton season at Hinganghat in Wardha district of Maharashtra to help the cotton farmers have
Chinese textile and apparel to adapt ‘New Normal’ strategy
With China’s production and labor costs in the textile and apparel industry rising dramatically and exceed those in of many other Southeast Asian countries, including Malaysia, the
Pakistan likely to import more cotton bales from India
Demand from China may not see a rebound as normally it buys more than 50 per cent of India’s shipments. But Pakistan has, so far, contracted to import one million bales (170 kg each) of
Chennai floods hit textile business of India
Crippling floods in Chennai due to torrential rains is affecting textile trade in the city as most of the factories are shut and not sure when will it get back to start regular production. Though
Blended yarn prices fall in India, stable in China and Pakistan
In India, yarn prices have been mostly weaker in the last week of November, depending on products and market locations. PC yarn prices declined INR2 or 1.5 per cent in Ludhiana market on the week.
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