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  • HANOI, July 15 (Xinhua) -- The Vietnam's Garment and Textile Association said that the country is making efforts to boost garment and textile exports up by 6 percent in the second half of the year, the local newspaper Vietnam Economic Times reported Wednesday. Vietnam suffered a 4.7 percent decrease year-on-year in export turnover of garment and textile in the first half year to 4.14 billion U.S. dollars, said the association. The decrease was due to shrinking demand from the country's
  • The Apparel Group proudly announces the opening of their flagship store for Aeropostale at IBN Battuta Mall, the world's hottest shopping destination. This is their second Aeropostale store in Dubai. The first store was launched in Oasis Centre on Sheikh Zayed Road. Mr. Govind Bharwani, President, The Apparel Group says: 'It's always nice to have as many options as one can have to shop from and we are offering our consumers the best with Aeropostale.' Seeing the need of being up-to-da
  • KARACHI (July 13 2009): Federal Board of Revenue (FBR) is planning to deduct income tax on the facility of Research and Development (R&D) for the textile sector. Sources told Business Recorder on Saturday that the board was considering deduction of income tax on Rs4 billion allocated for the development of the sector in 2008-09. "Despite spending the amount in the last fiscal year, it had not been utilised for the purpose, which raised several questions," they said. They said the board wa
  • One of Mozambique's largest textile factories Texlom in the southern city of Matola has resumed operations after being paralyzed for several years, according to local media AIM on Monday. After an investment of about 2.5 million U.S. dollars by the new owners, the Aga Khan Foundation, the factory, now renamed Moztex, is currently operating on an experimental basis. The factory now employs 260 workers, mostly young girls, but plans to employ about 700 people when it starts full operations
  • GlobalTextiles.com 26th May: In morning the Outstanding Contribute Award for Chinese E-Commerce 10-year's Development of the 12th China International E-Commerce Conference is held.General Manager: Mr.Jianjun Ding from China Textile City Network Co., Ltd. Is awarded the Outstanding Contribute Award for Chinese E-Commerce 10-year's Development. It is supreme honor in the filed of E-Commerce. Aaward guest gives General Manager:Mr. Jianjun Ding The certificate of " the Outstanding Contribute
  • ROME – [07.01.09] The official launch of the International Year of Natural Fibres 2009 (IYNF) will take place later this month at the UN Food and Agriculture Organization (FAO) headquarters in Rome as the organisers also appeal for further funding in a bid to ensure the success of the IYNF, writes Lucy Doherty. Global events for the textile industry will include a Natural Fibres exhibition and symposium in China, the Combined New Zealand and Australia conference of The Textile Institute, Inter
  • Staggering from Hong Kong's decades- long industrial downturn, labor leaders capitulated Tuesday to demands by manufacturers to import low-wage textile workers from the mainland. In return, employers agreed for the first time to impose minimum wages in specific cases. The Labour Advisory Board, a 12- strong policy unit composed equally of employer and employee representatives, agreed to a government proposal to import up to 5,000 mainland textile and garment workers on a minimum wage of HK$2
  • Foreign direct investment (FDI) in China surged by almost 50 percent to 3.59 billion US dollars in January of this year, the China Daily reported Tuesday. Contracted foreign investment, an indicator of future trends, jumped 65.34 percent year-on-year in January to 9.24 billion US dollars, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) said in a statement Monday. China drew a record of 52.7 billion US dollars in foreign direct investment last year as more foreign businesses tappe
  • 2003-02-26 To further penetrate the Chinese mainland market, a large-scale trade show promoting Hong Kong brands and focussing on garment and fashion accessories will be held in Beijing from March 25-28. The Style Hong Kong promotion will reinforce the quality of Hong Kong brands with a lavish exhibition of fashion accessories, leather goods, timepieces and footwear. Also featured will be 13 fashion parades, eight mini-catwalks, product demonstrations, seminars and nearly 30 brand presentations.
  • Shanghai Three Gun (Group) Co Ltd, one of China's largest producers of knitted underwear, is seeking overseas partners to help it grow. This move is likely to lead to a flurry of activity to attract more foreign firms to help upgrade the city's textile industry. Three Gun is now in contact with the Chicago-based Sara Lee Corp, a global consumer packed goods company that boasts underwear as one of its core businesses. It wants to extend the two firms' current product-focused cooperation, hopefull
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