The Trans Pacific Strategic Partnership Agreement (TPP) is believed to create 1 million jobs in Vietnam’s leader and shoes industry. In order to take full advantage of the agreement, Vietnamese shoes makers have to settle the existing material problem. The Lien Anh Leather & Shoes Company in Binh Duong province has incurred a loss of $100,000 because of the low-quality import leather consignment. However, Lien Anh does not intend to use the leather from domestic sources because of the

THE fiber industry, particularly the abaca sector, is expected to improve production through the automatic handloom weaving machine recently developed by an all-Filipino manufacturing company, according to agriculture officials. Still a prototype but already can process abaca fiber into a multidesigned fabric, Deparment of Agriculture (DA) executives on Thursday presented an automated version of the traditional handloom weaver at a hotel in Quezon City. Petronilo B. Jabay, officer in charg

The China National Cotton Reserves Corporation (CNCRC) has started releasing cotton from the state reserves. The floor price has been fixed at 18,000 yuan per ton for standard grade of cotton, and the first released reserves were from 2011 crop. The release price of 18,000 yuan per ton is about 50 percent higher than this year’s average price so far. In addition, the release being from 2011 crop means that the cotton would not be of very good quality. Meanwhile, China’s cotton purchase

Gap Inc, the largest casual wear retailer in the US, looks set to enter the Indian market next year though a joint venture with Arvind Brands, two people familiar with the development said. The San Francisco-based clothing giant has signed a letter of intent with Arvind Ltd's retail arm to form a JV in India, they said. J Suresh, MD of Arvind Brands, and Rajiv Malik, general manager of Gap's sourcing operations in India, declined comment. An email sent to Gap's headquarters in the US to se

A fire at a factory in central Italy early Sunday killed at least seven Chinese workers and seriously injured two others, local media reported. The fire occurred at a garment plant in the suburbs of the city of Prato, just north of Florence in central Italy, where there is a large concentration of Chinese businesses which employ at least 30,000 workers, according to Rai state television. Seven people lost their lives while two others sustained serious burn injuries, ANSA news agency said.

Smoke rises from a building that houses apparel factories of Standard Group in Konabari, Gazipur, yesterday. Photo: Rashed Shumon Enraged by a rumour that police killed two factory staff, garment workers torched six units of an apparel maker of repute in Konabari of Gazipur early yesterday causing a massive damage worth hundreds of crore taka. Witnesses said in the wee hours of yesterday, some people announced through the horn speakers of a nearby mosque that police had killed two workers

Sui Northern Gas Pipelines Limited (SNGPL) is set to halt gas supply to textile mills under its winter load management plan. PHOTO: FILE All Pakistan Textile Mills Association (Aptma) Punjab Chairman S M Tanveer has asked the government to bring an innovative solution than stopping gas supply to textile mills from next month. Speaking at a press conference on Wednesday, Tanveer said the industry would refrain from holding strikes and rather prefer to negotiate with the government to come u

Textile mills in China have bought a total of 7.09 million tons of cotton from January to October this year, according to the latest report released by the China Cotton Association. Of the 7.09 million tons, 3.72 million tons of raw material came from the cotton sold from the reserves from the beginning of the year to the end of July, while another 3.37 million tons of cotton was imported from January to October, according to the report. At present, as former inventory and import quotas ha

The exports of readymade garments from Bangladesh rose by nearly 19 percent year-on-year in the July-October 2013 period, according to the data released by the Export Promotion Bureau (EPB). From July to October 2013, Bangladesh’s exported knitwear worth US$ 4.022 billion, showing an increase of 17.85 percent over exports of US$ 3.412 billion made during the corresponding period of last year. Similarly, the country exported woven garments worth US$ 3.864 billion during the four-month perio

Chinese Henan Sine in 2014-2016 will invest $80 million in the textile industry of Andijan region, the company acquired part of the assets of bankrupt Bobur JSC, representative of the State Joint Stock Company Uzbeklegprom said. In the first phase (2014) the investor will create capacity for production of cotton yarn in the amount of 10,000 tons per year, the second phase (2015-2016) - production of 36 million meters of cotton fabric annually. About 80% of production will be exported, the compan