One of its biggest Italian footwear producers, Coronet, has decided to move its factory from Guangdong province (China) to Vietnam. As from 2014, Coronet will make footwear products at its new factory in Ho Chi Minh City’s Giao Long industrial zone. Coronet senior adviser Umberto de Marco said the company aims to produce 2 million metres of leather a year and will raise its productivity in the near future. Most materials are transported from China and the China-ASEAN Free Trade Agreement (FTA

The Indian Textiles Ministry has sought restoration of incentives for cotton and cotton yarn exports and would be writing to the Ministry of Commerce and Finance to withdraw the decision to remove export benefits under the Focused Markets Scheme (FMS) for cotton and cotton yarn, Textiles Minister K Sambasiva Rao said at the 5th edition of FICCI-TAG 2013 summit in Mumbai. Mr. Rao said the Textiles Ministry would be writing to the Ministry of Commerce over issue of the restoration of the incent

The National Development and Reform Commission recently announced the import quotas of key grains and cotton in 2014. The import quotas for wheat, corn, rice and cotton are respectively set at 9.6 million tons, 7.2 million tons, 5.3 million tons and at 894,000 tons. Source: China Textile Leader

India-based textile manufacturer Shrivallabh Pittie Group will invest US$ 70 million to build a cotton yarn manufacturing facility near Sylvania, a city in Screven County, in the US state of Georgia, Governor Nathan Deal has announced. The plant will manufacture a range of different counts of carded cotton yarn and production will be flexible in order to meet market demand, a statement said. The plant will use class-leading machinery and benefit from great economies of scale as the entire

Production of raw cotton in Brazil is expected to increase by 22.3 percent to 28.3 percent as a direct result of high prices of the crop in the international market and the rise in exchange rates, as per the estimates released by the National Supply Company of Brazil (CONAB). According to CONAB’s estimates the cotton production in the country is expected to reach 1.67 million tons during the 2013-14 harvest season, as against the 1.3 million tons of raw cotton obtained in the 2012-13 harvest

Sri Lankan apparel exports would reach the US$ 4 billion level this year said Yohan Lawrence, President of the Sri Lanka Apparel Exporters Association. Speaking at the 31st Annual General Meeting at Cinnamon Lakeside he said that a year ago when he took office the industry was in a difficult situation. "Apparel exports were on the decline (they were about 7% down on the year), and there wasn't much to look forward to. Against this expectation I believe we stand today in a better place than we

The value of apparel imports made by Japan in August 2013 increased by 21.4 percent year-on-year to 280,732 million yen, according to a Japan Textile Importers Association data based on the Ministry of Finance trade statistics. By volume, Japan’s apparel imports increased by 2.9 percent year-on-year to 371.059 million units, according to the report, Asiantex.com reported. August was the fifth consecutive month when Japan’s apparel imports increased both in terms of value and volume. Chi

Chinese Premier Li Keqiang and Vietnamese Prime Minister Tan Dung agreed to lift up the two-way trade value between the two countries to US$ 60 billion by 2015, while implementing practical solutions to keep trade balanced, during their talks in Ha Noi. China is a major supplier of yarn and fabric for Vietnam’s flourishing apparel industry, while only a fraction of Vietnamese apparel exports make their way to the Chinese market. With US$ 2.1 billion worth of exports, China continued to be

Zimbabwe's Cotton Ginners Association (CGA) says it is targeting to contract farmers in the country to produce 250,000 tonnes of cotton in the coming cropping season. CGA director-general Godfrey Buka told New Ziana here Wednesday that ginners were making final preparations for the 2013/14 season. "They are registering growers culminating in the establishment of a common database which will facilitate elimination of multiple registrations. Following registration, contractors should be abl

Clothing exports from Bangladesh soared over the summer because global retailers expanded orders despite a string of deadly industrial accidents and concerns over the rights of workers at the country's garment factories. Garment exports climbed 24% during July through September from the year-earlier period, according to figures released by the Bangladesh Export Promotion Bureau. The new data—released just days after a deadly fire at a fabric mill in Gazipur, Bangladesh—highlight the reali