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  • Textile industry associations have hailed the clearance of the new Technology Upgradation Fund (TUF) Scheme for the entire 12th Plan period. Welcoming the decision, the Southern India Mills Association Chairman S. Dinakaran said that this scheme of the Textiles Ministry had attracted over Rs 2.53 lakh cr of investments since its introduction in 1999. Though the investments have been substantial so far, in recent months, they had almost come to a standstill in the absence of a new scheme.
  • Wal-Mart Stores Inc told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements. The money is part of the more than $100 million in loans and access to capital that a group of North American companies including Wal-Mart and Gap Inc pledged in July. The Bangladesh central bank would need to approve any foreign currency loan. Details about lending rates also need to be finalised.
  • An estimated one million workers, mostly women, have moved from the rural hinterland to the cities for a fortune in the nation's $10 billion knitwear industry. But insiders and industry watchers predict a Darwinian struggle for orders from western brands seeking ?‘cheap chic' in the post-Rana scenario. ?— FE photo by Shafiqul Alam A spate of industrial accidents that has dented the image of the nation's knitwear manufacturing industry has piled the pressure on the small firms in t
  • Lindex expands its assortment and on 14 October 2013, launches underwear and sleepwear for men at Shop online. As one of the leading fashion chains in Europe, Lindex is always looking to develop its collections to the customers. In keeping with this, the company presents a collection with the keywords: masculine, classic - with a modern design, high quality and reasonably priced. In addition, 95 per cent of the garments in the collection are made from sustainable materials. Lindex h
  • China is preparing the ground to scrap a controversial scheme to stockpile cotton in favour of subsidising farmers, a move that could slash imports by the world's top buyer of the fibre and herald a broad shakeup of Beijing's sensitive farm policies. Abandoning stockpiling would mark the end of a system that has distorted the market to such a degree that it has been cheaper for Chinese mills to import cotton grown abroad than to buy domestic produce. China's top economic planning body has comp
  • Morris Kaye & Sons Furs is pleased to announce they will be attending the Denver International Western/English Apparel & Equipment Market that will be held September 6th through the 9th. This event is hosted by the Western & English Sales Association and is the perfect opportunity for Morris Kaye & Sons Furs to showcase their latest Western and English styles. The furriers at Morris Kaye & Sons Furs take great pride in providing their customers with the latest styles an
  • Bangladesh Prime Minister Sheikh Hasina has given an assurance that garment workers would get a rise in their wages as the Government has already decided to constitute a wage board for increasing the salaries and allowance of garment workers. The Prime Minister was speaking after laying foundation of the country’s first hostel for female apparel workers at Ashulia, on the outskirts of Dhaka. The Ministry of Women and Children Affairs would be constructing the dormitory for female apparel w
  • With the increase in demand for organic cotton and sustainable garments, the apparel makers are focusing on creating new and innovative styles with sustainable blend. The yoga clothing producers talk about the need for sustainability in yoga clothes along with style, comfort and technological advancements. Ms. Terry Matera, director of clothing and accessories at Gaiam, a lifestyle brand that sells products catered toward health and sustainable living, told fibre2fashion, “Our customers have
  • The US Federal Trade Commission (FTC) recently published in the Federal Register a supplemental notice of proposed rulemaking on proposed changes to the guaranty provisions of the Fur Rules under the Fur Products Labeling Act. These amendments would align the Fur Rules with proposed changes to the guaranty provisions of the Textile Rules under the Textile Fiber Products Identification Act. In the public comment on 17 September 2012, the Commission proposed amendments to the Fur Rules to up
  • Following its successful showing at the ENKVEGAS show in August, SHIMA SEIKI MFG., LTD. of Wakayama, Japan together with its U.S. subsidiary SHIMA SEIKI U.S.A. INC. will participate in the Coterie exhibition in New York this month. On display will be the latest collection of the “Isola Bella” brand of knitwear line, including the latest in seam-free WHOLEGARMENT knitwear that features superior fit, comfort and draping characteristics. Also on display will be the latest version of SHIMA SEI
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