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Economic slowdown could weigh on cotton prices.
The International Cotton Advisory Committee (ICAC) has cut global demand estimates for the fiber, signaling that slower global economic growth and ample supplies could place downward pressure on price...
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Indian investment in Bangladesh garment sector to zoom.
The investment by Indian companies in Bangladesh garment sector is bound to surge as Indian firms try to take advantage of the lower production cost in the neighbouring country.
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India Slashes Cotton Production.
India, the world’s second largest cotton grower, will grow a smaller crop than expected as diseases have hurt yields in Maharashta and Andhra Pradesh, according to a Bloomberg report this week quoting...
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China-Korea Free Trade Agreement (FTA) to affect Taiwan’s textile exports.
Taiwan’s textile exports to China are likely to be hit by the China-Korea Free Trade Agreement (FTA), negotiations for which are going to start soon, Taiwan’s Bureau of Foreign Trade (BoFT) General Di...
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H&M profits hit by rising costs.
H&M’s full-year profits were impacted as the company maintained its prices despite rising costs.
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US: Robert Graham to open a new store in Houston.
The Robert Graham brand announced that it will open a Robert Graham store in Houston this spring. The new store, which will feature the brand’s full collection, is set to open in Houston’s Galleria.
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UK: Burberry records an increase in the Q3 sales by 21%.
Luxury fashion brand Burberry today attributed a rise in third-quarter sales to strong growth in key markets like the UK, France and China.
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Tunisia: Clothing Exports fell down in 2011.
Textile and clothing sector exchanges in 2011 fell 2% in value for exports and 1.68% for imports compared to December 2010.
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Egypt's Alcotexa sells 5,202 Tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 5,202 tonnes of cotton in the week that ended on January 14.
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UK: New Look boosts a 3.6 increase in Christmas sales.
Budget fashion retailer New Look has reported a 3.6% increase in UK like-for-like sales in the five weeks to end December.However, like-for-like sales fell 3.7% across the 40 weeks to 31 December comp...
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Egypt: PM Dr. Ganzoury announces 33 Million USD the government's support for the Egyptian cotton.
Dr. Kamal El Ganzoury ( Egypt Prime Minister) has decided to increase the support given from the government to the Egyptian cotton for the current season from 25 Million USD to 33 Million USD.
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Egypt`s Alcotexa sells 3,032 tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,032 tonnes of cotton in the week that ended on January 7, an Alcotexa official said on Monday.
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Egypt: Anti dumping measures taken on cotton yarn imports to Egypt.
Egyptian Ministry of Trade and Industry has issued a decree to impose an anti-dumping duties of 0.55 US cents per kilo.
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Brazilian cotton exports may represents an increase of 42.4% in 2011.
In early 2011, sellers were optimistic regarding cotton prices and, in March, quotes hit record levels in both domestic and international markets. This led to an increase in the planted area and globa...
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ICAC estimates global cotton use to decline by 2%.
The International Cotton Advisory committee (ICAC) presented Global cotton production is forecast 8% higher in 2011/12, compared with 2010/11, at 26.8 million tons, whereas consumption could decline b...
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Egypt's Trade Minister says to resolve issues of closed Textile factories.
Egypt's Minister of Trade and Industry announced on Sunday that the ministry will be resolving the problems of suspended or closed factories across the country in order to boost industrial development...
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UK: Next sales rose by 3.1% as Directory outperforms stores.
Next sales rose 3.1% between August 1 and December 24 as sales in its directory outperformed stores.
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Brand Alley posts a 61% sales surge at the end of year 2011.
Private sales site Brand Alley has had an “excellent” year, posting a 61% sales surge in the final quarter of 2011.
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Turkey: Garment exports decreased by 700 million USD in the past 4 months.
Following the increase in its textile import tariff to 20% in June, Turkey registered a decrease of US$700 million in garment exports in the past four months, Turkish news media reports
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Egypt's Alcotexa sells 1,775 tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,775 tonnes of cotton in the week that ended on December 24, an Alcotexa official said on Monday.