Australian exporters report slack trading during the past week. Offers of Type 55 (21 micron) into China generally held at around US$10.10 per kilo, greasy, CIF (90 days Letter of Credit). A modest rebound in the Australian dollar versus the US currency to close to 92 cents has been the principal factor pushing quotations up from their lows of around US$9.70/9.80 witnessed the previous week. However, Chinese processors and mills are still targeting those lower prices, especially with some lo

The government today said it has raised textiles exports target to $43 billion for the current fiscal from $32 billion in the last year. "In July 2013, the government has raised the annual export target for textiles and clothing from $32 billion (2012-13) to $43 billion (2013-14) following discussions with textiles export promotion councils in the backdrop of rupee depreciation and strong industry performance," Minister of State for Textiles Panabaaka Lakshmi said in a written reply to the Ra

US retailers and brands have increasingly continued sourcing apparel items from Bangladesh as the country's export to the US, the single biggest export destination for the country, increased by 4% or $120m during the December-June period of the last fiscal year. The exports, with the backdrop of the consistent pressure from the North American country to improve labour rights situation in Bangladesh, were more than $3bn in the period while US export to Bangladesh increased by 22% to $389m, acc

Photo by DhakaTribune. The government Tuesday approved the second revised proposal for relocating hazardous tanneries from the capital’s Hazaribagh to Savar, increasing the original project cost by nearly 98%. The approval of the project “Tannery Industrial Estate, Dhaka (2nd revised)” came at the Executive Committee of the National Economic Council’s (Ecnec) meeting with its Chairperson and Prime Minister Sheikh Hasina in the chair. The project cost now stands at Tk10.79bn, a sharp inc

Mini fashionistas will be able to show their support for charity this summer as Debenhams has joined forces with BBC Children in Need to create an exclusive range of designer clothing, which is launching in stores and online this week (w/c 12 August). Debenhams challenged celebrities Tess Daly and Jeff Brazier, along with three of its designers, a fashion editor and a mummy blogger to create a fun t-shirt or onesie for children to be sold in its stores and online at Debenhams.com. As well

To mark the 25th anniversary of the immensely popular American television music video program Yo! MTV Rap, the Californian streetwear brand Stussy has launched a capsule collection dedicated to the iconic show. Printed with images of the programme’s notable artists like Public Enemy, Eric B. and Rakim, De La Soul, Slick Rick, Brand Nubian, Gang Starr, Digital Underground and Queen Latifah, the line includes black and white hoodies and T-shirts. In addition to the clothing range, the appare

A garment factory in Hlaingthayar Township (Photo-Nilar/EMG) Myanmar's garment industry has received the most foreign investment over the last six months according to recent data from the Myanmar Investment Commission (MIC). Along with the rise of foreign investments, the employment rate in the industry has also increased. "MIC has noticed that the garment sector received most of foreign investments in the last six months. Another sector which enjoyed growth during the period was manufa

Adam Levine, the lead vocalist and front man of the popular American pop rock band Maroon 5, has joined forces with the famous American discount store chain Kmart to create a fashion collection. The 34-year-old’s yet-to-be-released debut menswear line will feature an array of denims, outerwear, woven pieces and knits as well as stylish fashion accessories. The exclusive-to-Kmart range is scheduled to be unveiled online (shopyourway.com) on September 15, 2013 and at Kmart’s bricks-and-morta

The construction of railway, particularly in China’s central and western regions, would boost China’s geotextile industry, according to China National Textile and Apparel Council. The investment in national infrastructure development and the growth of geotextile industry are closely related. Between 2010 and 2020, an amount of about 4 trillion yuan would be invested for water conserving projects, which provide a broad market for the geotextile industry. From January to May this year, th

Nearly 100,000 fashion enthusiasts from different parts of the country will flock to the forthcoming nineteenth edition of Australian sartorial fest Melbourne Spring Fashion Week (MSFW 2013). Slated to take place from August 31 to September 8, 2013, the event will serve as a valuable platform for local designers, brands and retailers to showcase their work and new season designs. Japan-born womenswear designer Akira will feature his latest Spring/Summer 2013 collection, replete with kimono