Chinese Vice-Premier Zhang Gaoli said on Sunday that restructuring and upgrading the economy is key in building China into a powerhouse and avoiding the "middle income trap." Zhang said that effective use of the economic structure, innovation and science and technology-based development, as well as frugality in resource use and environmental protection should be integrated to further upgrade China. Zhang, also a member of the Standing Committee of the Political Bureau of Communist Party of

Savile Row icons Gieves & Hawkes are one of the first luxury goods brands to announce a partnership with Woolmark Gold. Launched in China in 2011 by Australian Wool Innovation (AWI), owners of The Woolmark Company, Woolmark Gold sets a global benchmark for fine tailoring, a standard shared by Gieves & Hawkes, a company that has prided itself on uncompromising standards of both material and manufacture for more than 200 years. Just 10 years after they opened their first store in Sha

The latest statistics from the General Administration of the Customs show that in July, China's yarn production stood at 2.91 million tons, an increase of 112,000 tons by 4% compared with same period of last year, down 134,000 tons by 4.4% month-on-month. From September 2012 to July 2013, the production of yarn totaled about 32.11 million tons, up 10.88% year-on-year. In January-July of this year, the yarn production totaled about 19.56 million tons, up 8.5%. Source: China Textile Leader

Marks & Spencer (M&S), the iconic British clothing retailer, is continuing to grow its presence in India with the opening of its first store in Kochi, Kerala at Lulu Mall. The newly launched store saw South Indian movie star Rima Kalingal join Mr. Venu Nair, Managing Director, Marks and Spencer Reliance India Pvt. Ltd to celebrate the opening of 34th store in the country for Marks and Spencer. Trading from 16,000 square feet, the new M&S store located at Lulu Mall offers customers

The Bursa Textile and Apparel Research and Development Center (BUTEKOM) of Turkey held a workshop with the Children apparel Industrialists and Businessman Association (BEKSIAD) to discuss the problems, solutions and future of the children’s apparel industry of Bursa. According to a statement issued by BUTEKOM, representatives and executives from the country’s leading children’s garment companies participated in the workshop which was conducted in coordination with the Uludag Textile Exporters

At FashionAnything.com, the team lives up to their motto "the customer always comes first." They carry on their tradition of excellence by providing the latest fall and winter collection of the most up-to-the-minute fashion trends brought directly to their customers from the manufacturer and featuring the highest quality products available in the market place today. As direct to consumer scarf wholesalers, FashionAnything.com manufactures and delivers the most unique selection of Pashmina sca

The board of directors of Esprit Holdings Limited announces the consolidated results of the Company and its subsidiaries for the year ended 30 June 2013 together with comparative figures for the year ended 30 June 2012. As expressed in our Interim Report for the six months ended 31 December 2012, the combination of external and internal challenges has had considerable impact on the Group’s performance this year. For the financial year ended 30 June 2013, Group turnover amounted to HK$25,902 m

About two lakh power loom units accounting for fifty per cent of the operating industries in the Western region of Tamil Nadu face closure due to inadequacy of raw material availability caused by faulty export policy, said M.S. Mathivanan, president of the Confederation of Indian Weaving Industries. Power loom industries are unable to get enough inputs from the mills since export of cotton yarn and raw cotton has accelerated due to the fall in value of Indian rupee against US dollar. Garments

The Yatra Collection now offers a limited selection of its handcrafted designs for sale online. "We are delighted to bring elements of our collection to women online," said Rati Bahadur, who co-founded Yatra with longtime friend, Gayatri Khosla. "Launching an online Yatra store is part of our journey." Yatra, in Indian traditions, means journey. And that’s what the collection has been for Khosla and Bahadur, long time friends who attended boarding school together in India and realized thei

A devastating fire gutted a jute godown in Chouddamile area of Phultala upazila on Monday. Fire service sources said the fire broke out in a jute godown named LR Jute Garden at about 1 pm and spread soon. On information, three fire fighting units from Daulatpur, Khanjahan Ali and Nauaprara rushed in and extinguished the blaze after two hours of frantic efforts. Badrul Alam, assistant director of the Khulna Fire Service said the origin of fire could not be known immediately. When conn