Archive for January, 2008

US slowdown may spin trouble for textile industry

The worst is not yet over for the country’s textile industry, which has faced a cut of 1.5-lakh jobs during the past one year due to the appreciating rupee. For, a recession in the US will not only trim the industry’s moolah, but also lead to a further laying off of 1.5 lakh people.
With the […]

January 20th, 2008 - Posted in Textiles

New Lines, New Designs, New Introductions at The Apparel Market

The new year brings more innovation, more product and more resources for retailers shopping the Atlanta Apparel market, January 26-29, 2008. Retailers will discover 13 floors of unparalleled product throughout 15 categories: AmericasMart PREMIERE, AmericasMart a1pha, NY/LA Co-Ops, Ready-to-Wear, Young Contemporary, Shoes/Accessories, Fashion Jewelry, AmericasMart’s Children’s WorldSM, Tweens, Classic Men’s, Pageant, Quinceañera, Social Occasion and […]

January 17th, 2008 - Posted in Apparel, General, Textiles

Garment, textile industry sets high targets

The garment making and textile sector has expected to increase its yearly export revenue by more than 23 percent to 9.5 billion USD in 2008.
The US and Japan are predicted to be still the sector’s largest markets with their imports estimated at 1.8 billion USD and 800 million USD, respectively.
However, President of the Viet Nam […]

January 14th, 2008 - Posted in Textiles

Textile machinery industry unlikely to decline

China’s textile machinery market will dwindle as a whole in 2008, many textile experts hold.
However, addressing the first China Textile Technology and Economic Development High-Level Forum, Gao Yong, vice president of China Textiles Industry Association stated definitely that China’s textile machinery market will not dwindle in 2008.
Gao said that the market will not dwindle as […]

January 9th, 2008 - Posted in Textiles

India - Textile Industry woes flow into engineering sector

The textile engineering industry in India is being adversely affected by the difficulties faced by the textile sector in the country.
Orders booked earlier are not being lifted and fresh orders are also not being placed. Exports of textile machinery by the industry are expected to fall below Rs400 crore in 2007-2008 against Rs500 crore achieved […]

January 6th, 2008 - Posted in Textiles

Ban on cotton exports will harm farmers more

The Union Government in the recent past has been taking various measures to protect the interest of the cotton farmers. Some of the important measures include relief packages, particularly to the Vidarbha cotton farmers.
In spite of such steps, suicides by the Vidarbha cotton farmers still continue. It is, therefore, important and the responsibility of the […]

January 5th, 2008 - Posted in Textiles