Vietnam garment, footwear exports up sharply in Q1

Vietnam garment, footwear exports up sharply in Q1
BVOM.com

Garment and textile export turnover in March reached $500 million, while footwear earned $816 million in the first quarter, bringing the industry’s Q1 total exports to $1.36 billion.

Exports to the US, the EU and Japan showed fair growth, the ministry added.
Adversely impacted by EU anti-dumping tariffs, the Q1 year-on-year increase of 23 percent for footwear exports was attributed trade promotion programs and product restructuring, reported the Ministry of Industry. Read more about Vietnam garment, footwear exports up sharply in Q1

China : Henan to invest in textile & garment parks overseas

China : Henan to invest in textile & garment parks overseas
April 3, 2014
Fibre2fashion.com, India

Recently, it is learned from foreign economic work conference that Henan will make use of the special support of ‘going-out’ funds for textile enterprises to explore the establishment industrial parks in overseas markets.

This step will be an attempt to build Henan’s textile and apparel brands, while taking advantage of traditional items Read more about China : Henan to invest in textile & garment parks overseas

Maverick garment maker decides to try out Mexico

Maverick garment maker decides to try out Mexico
PATRICIA BEST
pbest@globeandmail.com
April 3, 2014

Louis Garneau usually enjoys pedalling hard against the prevailing wind. The Quebec entrepreneur owns a thriving manufacturing business based in St-Augustin-de-Desmaures, Que., that makes “technical” cycling, skiing and running clothing for the serious fitness buff. On Bike to Work Day, he pays his staff $5 each to do so, and cycles to the office himself. Read more about Maverick garment maker decides to try out Mexico

1.109 INDUSTRI TEKSTIL AJUKAN KREDIT RESTRUKTURISASI MESIN PRODUKSI

1.109 INDUSTRI TEKSTIL AJUKAN KREDIT RESTRUKTURISASI MESIN PRODUKSI

Jakarta (ANTARA News) – Sebanyak 1.109 industri tekstil dan produk tekstil (TPT) nasional mengajukan kredit restrukturisasi mesin produksi dengan total dana yang dibutuhkan mencapai sekitar 394 juta dolar AS.

“Kami melakukan survei terhadap 6.000 perusahaan TPT, namun yang mengajukan kredit sebanyak 1.109 perusahaan,” kata Dirjen Industri Logam Mesin Elektronika dan Aneka (ILMTA) Deperin Anshari Bukhari, di Jakarta, Minggu. Read more about 1.109 INDUSTRI TEKSTIL AJUKAN KREDIT RESTRUKTURISASI MESIN PRODUKSI

Vietnam textile and garment industry expo opens

Vietnam textile and garment industry expo opens
Thanh Nien Daily, Vietnam

Around 303 companies from 25 countries are to take part in a 4-day textile and garment exhibition in Ho Chi Minh City starting from April 4, the organizer announced.
Major global textile equipment manufacturers, from the US, Europe, China, Singapore, India, and Thailand among others and 40 Vietnamese and foreign-invested companies are slated to take part in the event.

Held annually, the Vietnam Textile & Garment Industry Expo showcases textile and garment raw materials, finished products, accessories, technologies, and equipment.

The associations of textile machinery manufacturers from the Republic of Korea and China are to showcase their latest products. Read more about Vietnam textile and garment industry expo opens

Pakistani. Dutch Garment Ass'ns Sign Mou On Textile Trade

Pakistani. Dutch Garment Ass’ns Sign Mou On Textile Trade
Asia Pulse via Yahoo! Australia & NZ News

KARACHI, April 3 Asia Pulse – A number of memoranda of understanding (MoUs) were signed on the sidelines of Expo 2014 on March 30 between foreign buyers and local suppliers, raising hopes that the mega event would help in boosting country’s exports.

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has signed a MoU with its Dutch counterpart for boosting garment and value added textile trade. Read more about Pakistani. Dutch Garment Ass'ns Sign Mou On Textile Trade

HK Bourse: Press Release from Yangtzekiang Garment -3

HK Bourse: Press Release from Yangtzekiang Garment -3
Monday April 3, 2014, 12:23 pm
DJ HK Bourse: Press Release from Yangtzekiang Garment

The Stock Exchange of Hong Kong Limited takes no
responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and
expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any
part of the contents of this announcement.

YANGTZEKIANG GARMENT LIMITED
(Incorporated in Hong Kong with limited liability)
(Stock Code: 294)

DISCLOSEABLE TRANSACTION

Disposal of interest in Golden Chance
The Board announces that on 31st March, 2014, Guardo (a
wholly-owned subsidiary of the Company) entered into the
Agreement with the Purchaser whereby Guardo agreed to dispose
of its entire 39.12% interest in Golden Chance to the
Purchaser for a total consideration of HK$60,000,000 Read more about HK Bourse: Press Release from Yangtzekiang Garment -3

Forty hurt in Bangladesh garment factory stampede

Forty hurt in Bangladesh garment factory stampede
01 Apr 2014 14:11:04 GMT
Source: Reuters

CHITTAGONG, Bangladesh, April 1 (Reuters) – At least 40 Bangladeshi garment workers, most of them women, were injured in a stampede at a factory on Saturday, police said.

“The stampede was triggered following a false fire alarm when several hundred workers were busy taking a quick lunch,” said a police officer in Chittagong, 300 km (185 miles) southeast of the capital Dhaka. Read more about Forty hurt in Bangladesh garment factory stampede

Garment retailers on space hunt

Garment retailers on space hunt
Business Standard, India
Pradipta Mukherjee / Kolkata April 03, 2014

Major garment brands are on a retail overdrive and are expected to create demand for over 100 units of quality retail space in the next one year, a development that will surely bring cheer to the many developers building retail space in the country.

Though some surveys have warned that there could be an oversupply situation in retail space in the end of 2014, the confidence and response of some of the major garment retailers reveal massive expansion plans driven by demand for quality retail space Read more about Garment retailers on space hunt

ITMA offering textile sample sale room


Home Accents Today
Textile group joins High Point Design Center
The International Textile Market Association, producer of the Showtime fabric trade event held here each June and December, has joined the High Point Design Center and debuted the Market Square Textile Sample Sale Room to allow year-round sales of its members’ products to the design trade, including fabric, leather and trimming.
Read more about ITMA offering textile sample sale room