The Indian textile industry has cautioned the government to take a cautious approach while striking free trade agreements (FTAs) and bilateral trade agreements, particularly with Asian countries, in the interests of the targeted growth of the industry.
The Union textile ministry has estimated a market size of $115 billion by 2012, with the export target fixed […]
With its stock price near the lowest level in nine years, Jones Apparel Group Inc. of Bristol said yesterday that it planned to repurchase $400 million of its stock.
The company, which markets Jones New York, Anne Klein and Gloria Vanderbilt clothing and Nine West shoes, will buy back the stock using cash proceeds from the […]
Apparel retailer Talbots Inc. said Monday it will begin a search for a new advertising agency to take over its Talbots brand account.
Talbots said Boston-based Arnold Worldwide has been its agency of record since 1997, but the company said after ten years, “this is the appropriate time to conduct an agency review.”
Arnold Worldwide will be […]
Felix Siman Jr., CEO of Intradeco Apparel, Inc., proudly announced the recent purchase of Dana Undies, Inc., a privately owned manufacturer of children’s underwear.
Dana Undies, Inc., will join the family of other Intradeco textile and apparel companies.
“We are excited to increase our global capabilities and enjoy the benefits of verticality and Intradeco’s technological leadership, while […]
Uganda has got to attract new investments into its weakened cotton-textile sub-sector if a revival of any kind is to be achieved in a sector that was once vibrant.
Together with coffee and copper, cotton was part of the famed 3Cs - pillars of Uganda’s economy before its collapse in the mid-seventies. At the time, Uganda […]
A private New Zealand chemical and raw materials supplier has bought an Australian textile, leather and paper company.
Chemcolour Industries (NZ) has purchased Clariant Australian TLP from Chemcolour’s Swiss part-owner, Clariant International. “We plan to optimise manufacturing to become a leading supplier of raw materials and speciality chemical products across a wide range of industries,” Chemcolour’s […]
Georgia carpet and textile company Shaw Industries Inc. has laid out its own welcome mat in Hanover, where it is hoping to make a run against leading competitor Mohawk Industries for business in the Baltimore region.
Acquired in 2001 by Berkshire-Hathaway, Shaw has leased 106,758 square feet in Preston Partners Inc.’s Preston Gateway Corporate Park. Its […]
Research and Markets (http://www.researchandmarkets.com/reports/c67403) has announced the addition of Huntsman Textile Effects: Prospects Under New Ownership to their offering.
Huntsman Textile Effects is owned and operated by Huntsman Corporation–one of the world’s largest manufacturers of differentiated chemical products. The term “textile effects” is used to describe treatments which provide textiles with special properties, such as comfort, […]
At the Vietnam-Korea Fashion Textile Road Show organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Korean Fashion Textile Association, many high-profile local firms met with Korean partners to discuss partnership.
Korean enterprises, including SilverStar, Fashion Flying, and Ryuhan Inter-Tech have set up 10 booths to display and introduce their products to local […]
A model displays an outfit by Simone Nunes of Brazil during the Latino America Spring/Summer 07-08 fashion fair in Madrid August 30, 2007. [Reuters]