1,063 articles in Markets · Clear
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TURKEY: Turkish Textile exporters in dire straits due to tax turmoil.
After being hit by a series of political crises in their chief export markets, Turkish apparel exporters are looking for ways to manage a second blow from the recent tax issued on imported fabrics. Th...
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TURKEY: Turkey is set to increase organic Textile Exports.
Turkey is set to increase organic textile exports, said an industry expert on Thursday at the country’s first-ever organic textile trade fair in the western province of Ýzmir.
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VIETNAM: Vietnam`s exports to the US surge in two months
Vietnam’s total exports to the US have shot up in the first two months of the year, by 19 percent against the same period last year, according to the US Department of Commerce (DOC).
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UK: Global cotton stock to drop 18.97 million bales.
The US Department of Agriculture has projected lower cotton ending stocks for the marketing year 2010/11, ending on July 31. Considering the ending stocks for 2008/09 season, which hit 60.52 million b...
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ARGENTINA: Argentinean Textile Exports record a percentage increase of 55.4%.
Exports of textile and clothing from Argentina rose by 55.4% in first half of 2010, following a decrease of 20.9% in 2009, according to a report published by Research and Markets.
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GLOBAL: Cotton Prices to Remain Strong in 2011/12.
Global cotton production is expected to rise by 12% to a record of 27.4 million tons in 2011/12, driven by an expansion in plantings in most producing countries. However, the projected increase in pro...
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AUSTRALIA: Australia Continues Cotton Comeback with Largest Crop Ever
Continuing the remarkable post-drought resurgence for Australian cotton, the industry is now predicting that this year’s national harvest will be the largest ever recorded: 4,056,000 bales.
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UK: Marks & Spencer Sales and Profitability Surprise as Bolland Makes His Mark.
Marks & Spencer Group PLC (MKS), the U.K.’s largest clothing retailer, reported sales that beat estimates and forecast improved profitability as Chief Executive Officer Marc Bolland starts to put his...
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UK: Marks & Spencer plans Paris re-entry with 'Bricks & Clicks'.
Marks & Spencer announces that it will return to France towards the end of this year with a combined e-commerce and retail ‘bricks & clicks' strategy in line with its business plans announced in Novem...
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Egypt's Alcotexa sells 50 Tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 50 tonnes of cotton of the Giza 86 variety in the week that ended on April 2, an Alcotexa official told Reuters on Sunday.
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SWEEDEN: H&M 1st Quarter profit drops by 30% on high cotton prices.
Swedish fashion retailer Hennes & Mauritz AB says net profit dropped by 30 percent in the first quarter due to higher prices on cotton and negative currency exchange effects.
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Vietnam: Garment exports surge 28 percent
Total garment export revenue in the first quarter of 2011 has increased by 28 percent to nearly US$3 billion.
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EGYPT: EL Nasr Clothing declared a net loss for six months to end-December.
Egyptian garment maker El Nasr Clothing & Textile Co (Kabo) reported a net loss of 429,291 Egyptian pounds ($72,870) for the six months to end-December, the stock exchange said on Tuesday.
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UNITED KINGDOM: Next's Wolfson says 'retail in UK is going to be different'
Britain's retailers will have a much tougher time in the next few years and will feel like they are "walking up the down escalator," Next chief executive Lord Wolfson warned on Thursday.
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UK: Retail Sales Fall More Than Forecast on Department Store Slump.
U.K. retail sales dropped more than economists forecast in February after a surge the previous month when shoppers brought forward spending to beat a tax increase.
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BANGLADESH: Costly cotton to hit Bangladesh Apparel Exports.
The apparel sector, Bangladesh’s largest export earner, may be hard hit due to high cotton prices on the global market which could also weaken its competitiveness, a business leader said on Thursday.
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INDIA: Cotton prices to hit spinner's margins.
Soaring cotton prices are likely to reduce profit margin of spinning firms by around 250 bps in 2011-12, a report by research agency Crisil has revealed recently.
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EGYPT: Egypt's Oriental Weavers reports strong sales growth, anticipates problems ahead.
Egypt's Oriental Weavers, one of the world's major carpet manufacturers, has posted sales growth of 14 per cent year-on-year. Just-released figures for the 2010 financial year, ending 31 December, sho...
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TUNISIA: Exports up and Business creation down.
The industrial situation was marked in late February 2011 by a rise in exports and investment incentives in the sector on the one hand and a fall in the pace of business creation and adherence to the...
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EGYPT: Egypt's Alcotexa sells 46 tonnes of cotton in last week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 46 tonnes of cotton of the Giza 88 variety in the week that ended on 19 March, an Alcotexa official told Reuters on Sunday...