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Germany firm starts up garment plant
Saigon Times Daily, Vietnam
By QUOC HUNG
(SGT-HCMC) Germany’s S4 Fashion Partner (Vietnam) Co. Ltd. yesterday commissioned a garment factory in the southern province of Binh Duong.
Helmut Sasse, general director of the company, said it had invested some US$1 million in the facility covering more than 1.1 hectares in My Phuoc II Industrial Park. Read more about Germany firm starts up garment plant …
Violence erupts following death of garment worker in Bangladesh
People’s Daily Online, ChinaÂ
The death of a female garment worker in a road accident Sunday in Bangladesh’s Gazipur district, 30 km north of capital Dhaka, triggered widespread violence that left 30 people injured, private news agency UNB reported.
The injured people included 10 policemen. Three garment factories and a dozen vehicles were also damaged. Read more about Violence erupts following death of garment worker in Bangladesh …
Vietnam’s garment export rises in 1st half
People’s Daily Online, ChinaÂ
Vietnam has posted textile and garment export turnovers of over 2.7 billion U.S. dollars in the first half of this year, posting a year-on-year surge of 32.6 percent, according to the Vietnam Textile and Apparel Association on Monday.In the period, the United States was the biggest market of Vietnamese textiles and garments with import volume of nearly 1.4 billion dollars, including 350 million dollars from non-quota products, said Vitas’ chairman Le Quoc An. Read more about Vietnam's garment export rises in 1st half …
Gazipur garment workers go berserk after accident
A Correspondent, Gazipur
The Daily Star, Bangladesh
At least 30 people including six policemen were injured when garment workers clashed with law enforcers and blockaded Dhaka-Mymensingh highway for three hours after rumours spread that their three colleagues died in a road accident.
The agitated workers torched three buses, vandalised 12 vehicles on the highway and attacked policemen and fire engines that went there to bring the situation under control. Read more about Gazipur garment workers go berserk after accident …
INDIA: Bangladesh all set to easily surpass in garment exports
BharatTextile.com (subscription), India
MUMBAI: The Clothing Manufacturers Association of India (CMAI) feels that Bangladesh is all set to easily surpass India in garment exports by the end of 2014, Rahul Mehta, president said here on July 08.
In 2014, garment exports from Bangladesh was around $ 7.8 billion; whereas the local domestic export stood at $ 8 billion. With low manufacturing costs coupled with several incentives in the overseas market, Bangladesh apparel exports have continuously been rising at a rate of 20-25 percent Read more about INDIA: Bangladesh all set to easily surpass in garment exports …
Times of India, India
CHENNAI: Despite having a bumper estimated cotton crop of 315 lakh bales (170 kgs each) for the 2014-08 season, the domestic textile industry is saddled with high prices and low carry forward stock. Ironically, the current domestic prices of some popular cotton varieties are higher than international prices, according to industry players.
Read more about High prices of cotton bother textile industry …
Garment exports reach $3.4 billion in first half
Vietnam Economic Times, Vietnam
VNECONOMY updated: 06/07/2014
Textile and garment exports reached US$680 million in June, lifting the industry’s total earnings in the first six months of the year to $3.4 billion, according to the Viet Nam Textile and Apparel Association (Vitas).
Though the six-month figure was up 25.9 per cent over the same period last year, it met only 47 per cent of the industry’s annual export target of $7 billion, Vitas said. Read more about Garment exports reach $3.4 billion in first half …
Da Nang’s garment, handicraft export turnover soars in H1
Viet Nam News, Vietnam
(07-07-2014)
DA NANG — Turnover from garment and handicrafts exports from Da Nang to the US for the first half of the year has risen sharply, according to the Da Nang Department of Trade.
Turnover value of garment exports to the US market rose 44 per cent, and revenue from handicraft exports went up by 18 per cent.
The dramatic increases helped the city of Da Nang reach overall export turnover of US$ 361.3 million, up 22 per cent compared with the same period last year, the department said. Read more about Da Nang’s garment, handicraft export turnover soars in H1 …
Economic Times, India
MUMBAI: It’s a double whammy for garment manufacturers. First, a strong rupee had hurt exports. And now, when export prospects have brightened, due to a weak local currency, rising cotton prices have come in the way of the garment industry’s efforts to claw back into the overseas markets.
Read more about High cotton prices may trip up garment cos …
YarnsandFibers (subscription), India
In a sudden move all textile manufacturing, export-oriented and allied units have decided to go on strike for an unlimited period following government decision to enhance gas tariff, terming it ‘last nail in the coffin’.
Read more about Pakistan – Textile units to go on strike from July 11 …