Everyday fashions get a touch of lace or more By Samantha Critchell Associated Press NEW YORK – With the fashion world in such a romantic mood lately, lace has moved from bedroom to boardroom. A lace collar or cuff on a blouse, or even a lace-trimmed camisole, instantly feminizes a menswear-style suit — another big […]
Category: General
NLC seeks speedy implementation of N70bn textiles sector bailout
The Punch, Nigeria
By Agency Reporter
The Nigeria Labour Congress has urged the Federal Government to ensure the quick release of the N70bn Textile Industry intervention fund latest by next month.
Read more about NLC seeks speedy implementation of N70bn textiles sector bailout …
India : CMAI urges Govt to reduce import duty on garment machinery
India : CMAI urges Govt to reduce import duty on garment machinery
February 11, 2014
Fibre2fashion.com, India
Mr. Rahul Mehta,President, The Clothing Manufacturers Association of India (CMAI), in a pre-budget memorandum sent to the Hon’ble Union Finance Minister, has urged that import duty on all machinery for use in the garment industry and accessories should be charged at a fixed 5% duty, without CVD or any other charges.
He further stated that the appreciation of the Rupee Vs. Dollar has further lowered the earnings of Indian Exporters, whereas those of our Asian Competitors have either appreciated less or even depreciated Read more about India : CMAI urges Govt to reduce import duty on garment machinery …
From fabric to garment
From fabric to garment
Business Standard, India
PENNY WISE
Jitendra Kumar Gupta / Mumbai February 12, 2014
Indus Fila is expanding its garment capacity to meet the rising demand in the international market through an IPO.
The manufacturer and exporter of fabric and apparel, Indus Fila (IFL), is entering the capital market with an issue of Rs 89.6 crore at a price band of Rs 170-185. The company is aggressively increasing its existing capacities with an investment of about Rs 163.6 crore.
Indus Fila, which drives about 90 per cent of its revenue from the export market is looking at a turnover of Rs 240 crore in FY07 and Rs 350 crore in FY08. Read more about From fabric to garment …
Batik Wijirejo Bantul Makin Digemari
Batik Wijirejo Bantul Makin Digemari
Saturday, 10 February 2014
BANTUL (KR) – Desa Wijirejo Kecamatan Pandak Kabupaten Bantul merupakan salah satu sentra industri kerajinan batik di DIY yang produk-produknya sudah diterima pasar secara luas. Ada sejumlah keluarga yang menggeluti usaha pembuatan batik cap maupun tulis secara turun-temurun di Desa Wijirejo ini.
Salah satu pengusaha batik yang sampai sekarang tetap eksis melayani permintaan pasar DIY dan sekitarnya, adalah Ny Dirjo Sugito (73). Sudah 39 tahun ia menekuni usaha batik khas Bantul itu. Read more about Batik Wijirejo Bantul Makin Digemari …
Rents Falling in New York’s Garment District
New York Times, United States
By J. ALEX TARQUINIO
When models glide along the catwalks in Bryant Park during the Mercedes-Benz Fashion Week, which begins Friday, the economic scene will be far worse than it was during the previous Fashion Week last September.
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Mirage, Commonwealth Garment close factories
Mirage, Commonwealth Garment close factories
Saipan Tribune, Micronesia
By Ferdie de la Torre
Reporter
Mirage (Saipan) Co. Ltd. and Commonwealth Garment Manufacturing Inc. shut down their operations yesterday, rendering 125 alien workers and 31 resident workers jobless.
Labor investigator Carlos Camacho told Saipan Tribune that most of the foreign workers of Mirage and Commonwealth Garment already left the CNMI. Read more about Mirage, Commonwealth Garment close factories …
US downturn hits Asian garment makers
US downturn hits Asian garment makers
Financial Times, UK
By Raphael Minder, Amy Yee, Amy Kazmin, Tom Mitchell and Robin Kwong
Published: February 10 2014 17:36 | Last updated: February 10 2014 17:36
An expected downturn in US clothing demand is adding to the woes of Asian garment makers already struggling because of rising costs and stronger currencies.
In China, which just three years ago was entangled in a trade dispute with the US and the European Union over export quotas, concerns have switched to the spiralling costs that are eroding its competitive advantage.
“Costs are hitting us,†says Henry Tan, chief executive of Luen Thai, a large Hong Kong-based manufacturer with operations in China. “Sales to Europe are not so bad because the euro is strong, but sales to the US are very difficult.†Read more about US downturn hits Asian garment makers …
Cambodian Garment Workers Face Poor Prospects
NPR
by Michael Sullivan
The impoverished Southeast Asian nation of Cambodia is another victim of the global economic slowdown.
Read more about Cambodian Garment Workers Face Poor Prospects …
Permintaan Batik Papua Meningkat
Permintaan Batik Papua Meningkat JAYAPURA-Bukan hanya toko fashion dan ritel saja yang mengalami peningkatan penjualan selama lebaran. Toko Batik juga mengalami peningkatan penjualan dari sebelum lebaran sampai pasca lebaran karena tidak sedikit konsumen yang membeli untuk oleh-oleh. Seperti di Toko Aneka Batik Papua yang berada di Jl. Ahmad Yani No. 44 lantai III, depan toko […]