Pakistan-based Azgard Nine Ltd (ANL), one of the largest denim products company by sales in Pakistan, continues to be in the grip of liquidity crisis as there is strong resistance to fresh working capital loans from the lenders, who have ...
Tags: Azgard Nine, Liquidity Crisis
China plans to discontinue its cotton and soybean purchasing and storage mechanism soon and offer direct subsidies to farmers instead, according to the Xinhua News Agency. Finance Minister Lou Jiwei said that the Chinese government will ...
For the most part of 2012 and 2013 the textile sector was besieged by twin impacts of slowing domestic consumption and slowdown in export demand. However recent pick up in export demand is expected to improve the fortunes of textile ...
Tags: Textile Exports, US market
The Zero Discharge of Hazardous Chemicals (ZDHC) Group announced a framework for prioritising the phase out of hazardous chemical substances used in the apparel and footwear supply chain, completing another milestone of the Joint Roadmap, ...
Cotton acreage in the Mexican region of Sierra de la Laguna is estimated to rise from 5,800 hectares to 15,000-20,000 hectares, during 2014, according to the Ministry of Agriculture, Fisheries and Livestock (SAGARPA) of Mexico’s ...
Tags: Region Cotton, Textile
The Industrial Price Index (IPRI) for Spanish textiles increased by 0.8 percent year-on-year in November 2013, according to the data released by the National Statistics Institute (INE). The IRPI registered in the month of November is ...
Tags: Textile Industry, Price Index
Iranian researchers created superhydrophobic and antibacterial properties in cotton fabrics by using silica nanoparticles and copper metallic compounds. The product has applications in various fields, including clothes, external coatings ...
Tags: Cotton Waterproof, Silica
The northeaster Argentine province of Formosa would be getting some five million pesos in order to buy machinery for cotton production during the 2013-14 cotton harvest campaign in the province, said undersecretary of the Ministry of ...
Tags: Cotton Harvest, Mechanized Cotton
The Government of Malaysia is going to increase the 1Malaysia People’s Textile Store (Kedai Kain Rakyat 1 Malaysia or KKR1M) outlet count to 50 next year, Bernama reported quoting KKR1M managing director Mohd Noor Mohd Amin. Mr. ...
Tags: Malaysian Govt, Textile
The Petrapole Land Customs Station (LCS) at India-Bangladesh border will now be made operational 7 days a week from January 1, 2014, which will benefit the textiles sectors of both the countries. “The move will ease off the way ...
Geometric patterns have been huge on the fashion runways in recent years, and these bold design choices are now dominating the home décor scene, a trend that is set to continue into 2014 with geometric designs playing an integral ...
Tags: Geometric Fabric, Textile
Spanish clothing and accessory retailing giant Zara acknowledged quality problems in its products found in a sample inspection after a Beijing watchdog group blasted the company for fudging the issue. Referring to test results on its Zara ...
The exports of cotton from Egypt decreased by 38.8 percent during June-August 2013 period, according to the data from the Central Agency for Public Mobilization and Statistics (CAPMAS). Egypt exported 91,600 quintal of cotton during ...
Tags: Cotton Exports, Textile
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber On The Planet, announced that it has completed a General Supply Agreement and CA$3.2 million of financing with Ikea. IKEA has extended the ...
Tags: Flax Fiber, Ikea
The European Commission (EC) has issued a notice related to initiation of an anti-subsidy proceeding concerning imports of polyester staple fibres (PSF) originating in the People’s Republic of China, India and Vietnam. The EC said ...
Tags: EC, anti-subsidy