A shuttered textile company blames its closure on a 2005 train wreck and toxic chemical spill and wants the railroad company to pay $420 million in damages, an attorney for the textile firm said Monday as the trial opened.
In the first lawsuit against the railroad to go to trial, Avondale Mills claims Norfolk Southern was […]
Minister of Commerce and Industry, Charles Ugwu, yesterday said Nigeria is at a crossroad as regards reviving the ailing textile industry, but expressed government’s determination to revamp the industry with N70 billion fund being sourced by UBA and the NEXIM Bank.
Ugwu, who was at the National Assembly Complex for an interactive hearing organised by the […]
More than 300 technical texile and nonwovens companies from around the world will showcase the latest products and advanced technologies in textiles, nonwovens and materials during Techtextil North America (TTNA), April 1-3, in Atlanta, Ga. Complimenting Techtextil North America Symposium’s many seminar sessions and presentations, the exhibit hall will showcase the industry’s cutting-edge developments […]
During Texsummit 2007, the industry had voiced that there should be a single large trade platform for the textile industry in India. As part of the consolidation initiative, two successful trade fairs, Intex - international apparel Fabrics and Accessories trade fair and Tex-Styles have decided to hold both shows concurrently from 2008 onwards. This would […]
The British Fashion Council announced an exciting and diverse line-up for The Exhibition at London Fashion Week. Over two hundred designer labels, from established favourites to new, up-and-coming names, will come together to show their Autumn Winter 2008 collections. This year, The Exhibition will open on Sunday 10th February 2008 with a champagne reception for […]
Shares of apparel retailers slumped on Monday, as analysts predicted dismal January same-store sales and the broader market declined on concern about the economy.
Most major retailers report January sales in stores open at least one year, a key retail metric known as same-store sales, on Thursday.
“The clearance month of January did little to revive a […]
Bangladesh’s textile industry will be badly hit by major garment importers refusing to buy products made with cotton from Uzbekistan, business leaders said on Monday.
From July, several European and U.S. firms will not buy Bangladeshi garments if they are made with cotton from Uzbekistan, due to allegations of child labour in the industry.
Bangladesh procures 65 […]
Research and Markets (http://www.researchandmarkets.com/reports/c81691) has announced the addition of World Textile and Apparel Trade and Production Trends - Edition 2, 2007 to their offering.
US clothing demand continued to grow in the first nine months of 2007. Sales through clothing, accessory stores, warehouse clubs and superstores were especially buoyant. But US producers suffered badly. Textile output […]
The United Arab Emirates (UAE) investors are keen to invest in India’s textile sector where the government is giving many incentives including 100 percent equity allowed in Special Economic Zones, a senior Indian minister said.
“We got a very positive response from potential investors,” Union Textiles Minister Shankersinh Vaghela, who is leading a delegation of textile […]
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 […]
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 […]
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 […]