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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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ROMANIA: H&M opens first store in Romania and will open 5 more stores.
The wait is over – AFI Palace Cotroceni opened the doors to the first H&M store in Romania. Around thousand fashion lovers gathered in front of the two-floor, 1,700 sqm store this morning.
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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: Indomrama Group intends to develop it's investments in Egypt.
Indorama Shebin Textiles Co. S.A.E which is considered one of the largest Indian companies in spinning and weaving, has confirmed its intention to move forward in the development of its investments in...
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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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TURKEY: Turkish Government to enforce protective measuers on imports of Paki. Textile.
The Consul of Ministers, government of Turkey has agreed to enforce protective safeguard measures on the import of Pakistani textile to Turkey with effect from July 24, 2011.
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Turkey moves to cut Pakistani textiles import
The Consul of Ministers, Government of Turkey, has agreed to enforce protective safeguard measures on the import of Pakistani textiles with effect from July 24, 2011. According to a notification of Co...
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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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SRI LANKA: Sri Lankan Apparel Exports maintain growth momentum.
Sri Lanka’s apparel industry is expected to register a growth rate of four percent this year keeping its growth momentum intact. From January to November, 2010, country’s apparel industry recorded gro...
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ITALY: Italy`s Textile Machinery sector experiences significant recovery
The Milan-based Association of Italian Textile Machinery Manufacturers (ACIMIT) reports that in 2010, Italy's textile machinery sector experienced a strong recovery over 2009, a year in which the sect...
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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...
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EGYPT: Egypt's Alcotexa cotton exports increasing
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 153 tonnes of cotton in the week that ended on 12 March, an Alcotexa official told Reuters on Sunday.
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GLOBAL: Nike plans to raise prices.
Nike Inc. executives said the company will begin to raise prices on a broad variety of products in an effort to offset rising costs.
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TURKEY: Turkish firm exports shirts to 37 countries.
A Turkish firm based in the Central Anatolian province of Denizli is exporting shirts to 37 countries under the brand name “Jacquard.”