The China’s green manufacturing momentum is growing, as a record number of eco-friendly manufacturers showed up at the 2017 Intertextile trade show in Shanghai, although they’re still a niche in a very large market. For the first year they actually labelled factories using eco or organic textiles, so they were easier to find. Although they are still talking maybe just twelve companies, out of thousands there. A commitment to sustainability is increasingly recognised in China. Wobabybasics, wh

According to the Ho Chi Minh City Association of Garment and Textile (AGTEK), producers are busy fulfilling remaining orders of the year; many of them have received orders for the first quarter of 2018. This year, the industry has made efforts to gain strong footholds in foreign markets, such as the US, EU, Japan and the Republic of Korea while significant growths have also been seen in others like China, Russia, Cambodia, and more. The AGTEK forecast that 2018 will be better for the indus

The favourable US dollar-taka exchange rate has lent a helping hand to apparel exporters in the outgoing calendar year, cushioning the fallout from the uncertain political climate in the Western world. In the first 11 months of 2017, Bangladesh exported garment items worth $26.40 billion, up 1.38 percent year-on-year, according to data from the Export Promotion Bureau. At the start of the year, the greenback traded between Tk 78 and Tk 79 and during the course of the year it crawled up. On

Global cotton consumption in 2017-18 is projected to increase 4 per cent to 119.6 million bales, according to the US department of agriculture (USDA). This will be the largest year-to-year growth rate since 2009-10 when mill use rose over 8 per cent. Cotton mill use is expected to rise in China, India, Pakistan, Vietnam, Bangladesh and Turkey. “The improved global economic outlook and a more favourable price relative to synthetics is responsible for the largest global cotton consumption estim

The US Customs and Border Protection will begin collecting anti-dumping (AD) duties on imports of fine denier polyester staple fibre (PSF) from China, India, Korea and Taiwan. This follows preliminary anti-dumping determinations by the US department of commerce that producers and exporters from the 4 countries are selling merchandise at less than fair value. The amount of anti-dumping duties will be equal to the preliminary anti-dumping margins in each country, and importers will be required

Uzbekistan enterprises over the years purchased raw materials from the monopoly supplier Uzpahtasanoatexport. But starting from next year, a new scheme for selling cotton to textile enterprises will appear in Uzbekistan. The corresponding decree was signed by Uzbek President Shavkat Mirziyoyev, podrobno.uz reported. The presidential decree states that starting with the harvest of raw cotton in 2018, as an experiment, the system of ordering and advancing the production of raw cotton directly f

EU-MUTRAP team leader Claudio Dordi said that thanks to the EU-Vietnam Free Trade Agreement (EVFTA) expected to be signed next year, there will be ample opportunities to upgrade the value chain for the textile and garment sector as the EVFTA will provide tariff preferences to Vietnamese exporters to the EU. Only “EVFTA originating” products will benefit from preferential tariffs for a maximum of seven years after entry into force. To be “EVFTA originating,” EVFTA requires textile and garme

Textile factory owners want to import high-speed furnace oil with exemption of all duties and taxes to run their captive power generation units which they say are suffering from a severe shortage of gas supplies. Bangladesh Textile Mills Association in a letter last month sought government approval for allowing them to import the fuel oil. In the letter, they have complained that they are not getting adequate gas supplies while the price was raised by more than 222 per cent in the past tw

The last collection of fashion legend Azzedine Alaia will be shown in Paris next year, his couture house said Monday. The Tunisian-born designer, known as the King of Cling for the way his clothes hugged the body, died suddenly in November, reportedly of heart failure after falling down the stairs at his home in Paris. Since then rumours have swirled about the future of his label. But the couture house said in a statement Monday that it would continue, saying it would show the last ready-to-w

The International Islamic Trade Financing Corporation (ITFC), a member of the Islamic Development Bank (IDB) group, has signed a syndicated agreement of €100 million with the government of Cameroon and the Société de développement du coton (Sodecoton) as the executing agency for the export of cotton and the import of various agricultural inputs. The agreement was signed by Louis Paul Motaze, minister of economy, planning and regional development, and IDB Group governor for Cameroon, which too