Walmart has become part of the Cotton Leads programme, supporting responsible production practices by cotton growers. Walmart joins more than 480 companies worldwide which recognise the environmental gains cotton growers in Australia and the US are achieving and their commitment to meet the challenge of growing cotton through sustainable practices. “Cotton is a major ingredient in many of our apparel and home textile products,” explains Ken Lanshe, Walmart’s vice president, General Merchandi

The Confederation of Indian Textile Industry (CITI) has urged commerce and textile ministries to raise import duty on man-made fibre (MMF) yarn, cotton fabric and MMF fabrics by 15 percent to ring-fence local yarn, fabric and garment producers from the threats of cheaper import, especially from FTA nations such as Bangladesh and Sri Lanka. According to data shared by CITI, imports of cotton yarn, man-made yarn and fabric have gone up dramatically post GST from July. India's MMF yarn import

The Vietnam Textile & Apparel Association (VITAS) at a press conference in Hanoi on December 4 revealed the information that its garment-textile industry expects to rake in USD 31 billion in exports by the end of 2017, a year-on-year rise of 10.23 percent. However, with determination, the garment-textile sector has overcome difficulties to reap encouraging outcomes. The industry has applied technologies to develop corporate governance and business production, creating products with better

At lint market, demand for better lint grades kept trading firm. Leading buyers fortified their long positions by making deals for better grades of cotton at Rs 6,700-Rs 6,750 per maund, on the back of anticipated short supply of better grades during upcoming trading sessions. Demand for better grades of lint would keep quality conscious buyers make forward deals for a month’s delivery period in coming days. Buyers bought second grade of lint on higher prices during trading session in Punj

Responding to the growing need for design, development and manufacturing process optimisation, 3D digital technology innovation is gathering momentum in the apparel and footwear industry. However, in comparison to other industries adoption has been relatively slow and this can be partly blamed on the difficulties around accurate visualisation and simulation of the diverse range of textiles and materials used in this industry. 3D material visualisation for product design & consumer interac

The Egyptian government recently hosted Destination Africa to promote the continent as a new frontier for textile manufacturing, with Egypt as a regional focal point. Paul Cochrane was at the event in Cairo. Egypt is trying to develop its upstream textile capabilities to bolster exports and be part of an integrated African continent-wide supply chain, linking its cut-and-sew and quality cotton fibre base. While Egypt exported US$764m worth of fabric and yarn in 2016 according to the country’s

The US opposition to recognizing China as a market economy within the framework of the World Trade Organization (WTO) is in reckless disregard of the relevant WTO rules, and is intended to make an excuse for its trade protectionism by misleading the public. By submitting a statement of opposition to the WTO as a third-party brief in support of the European Union in a case brought by China, the United States tried to mix the concepts of the surrogate country approach and market economy status

The dollar advanced against major rivals Monday after US senators squeezed through a tax-cut bill at the weekend. Elsewhere, European stock markets rallied and Asian indices diverged as traders awaited a key Brussels summit on Brexit and digested news that a former aide to Donald Trump had agreed to co-operate with a probe into Russian election interference. Around 1030 GMT, Europe's leading stock markets had managed gains of around one percent from Friday's closing levels. Earlier in A

Italian fashion giant Gucci on Monday said police raided its offices over suspected tax evasion, confirming a report in the Italian press. The Milan public prosecutor suspects the fashion house of declaring several years worth of Italian sales in Switzerland, thereby saving around 1.3 billion euros ($1.5 billion) in domestic tax, La Stampa daily said. The investigation is reportedly based on information from a former senior Gucci employee who has since left the company, which is part of Fr

The Japanese Agency for International Cooperation (JICA) plans to send technicians to Angola for experimental cotton cultivation in the Capanda Agricultural Hub in Malanje province. Field trials with cotton varieties using a drip irrigation system, in collaboration with the Angolan Institute of Agrarian Development, will assess their adaptability and yield. JICA support will bring in irrigation equipment, seeds, fertilizers and cotton pressing machinery, a Portuguese news agency report cited