Recent monsoon rains hit cotton quality slightly, causing increase in prices, dealers said on Tuesday. The official spot rate, after maintaining stable trend, showed an improvement of Rs 50 to Rs 6,600, they said. Prices of seed cotton per 40-kg in Sindh and Punjab fell by Rs 150 to Rs 2,700-3,850, they said. In the ready session, approx. 15,000 bales of cotton changed hands, between Rs 6,650-6,700, they said. Cotton analyst Naseem Usman said rains in cotton belt hit the cotton quality slightl

Groupe Sensation Mode announced the full program for the 25th anniversary edition of MFW, a week entirely dedicated to fashion, taking place September 3 to 6 at the Arsenal contemporary art complex in Montreal. Produced and presented by in collaboration with COVERGIRL and Pantene Pro-V, MFW Spring/Summer 2014 (S/S 2014) will feature the collections and celebrate the contributions that local designers are making to shape fashion in Canada and internationally. “I am looking forward to my fir

Award winning designer, and graduate of Parsons School of Design, Francisca Pineda has created ‘The Fashion Portfolio Academy’ to help potential fashion designers explore design, prior to making huge financial commitments for higher education. Many young women and men are attracted to the field of fashion design, which is portrayed as glamorous, and increasing in popularity from television shows like Project Runway. Students who invest in Fashion Portfolio Academy program on site, will become

Award-winning IGIGI by Yuliya Raquel has released the Intro to fall collection. Themes of romanticism, unapologetic obsession, and subversive femininity take life in rich textures of opulent and bold prints drenched in color and lavish embellishments throughout the collection. Elegant and glamorous dresses and separates display the brand’s signature vintage vibe mixed with modern femininity while new plays of peplum, keyhole necklines, exaggerated obi style waistbands, and slanted mesh hems p

Cotton futures set a 17-month high, helped by increasing concerns over the condition of the US crop, and defying doubts over how supportive a downgrade to world stocks estimates will really prove. Cotton for December delivery touched 91.92 cents a pound in New York, the contract's highest since March last year, building on gains following US Department of Agriculture cuts on Monday to forecasts for both domestic and world stocks at the end of the newly-started 2013-14. The USDA in its closel

Sinopec Wuhan Company, a subsidiary of Asian top refiner Sinopec Corp., Tuesday had its 800,000-tonnes/year ethylene project coming into full operation, said a release form Sinopec Group. This ethylene project will produce more than 20 kinds of petrochemicals with annual volume of 2.3 million tonnes and create hundreds of billion yuan of output value as well as over 100,000 jobs in the downstream. Source: Xinhua。

ICE cotton gained on Tuesday in heavy trading as a speculator-driven rally and worry over tight supplies in the United States, the world's top exporter, lifted fibre to a near five-month high. The most-active December cotton contract on ICE Futures US closed up 1.64 cent, or 1.8 percent, at 91.72 cents per lb after rallying to 92.54 cents. That was the highest price for the second month since mid-March when fibre prices clambered to one-year highs. Prices have rallied 7 percent in the last wee

Dependence on imported raw materials would be the biggest challenge to the Vietnamese garment industry when the Trans-Pacific Partnership (TPP) comes into force possibly by the end of this year, according to experts. The TPP's rule of origin requires nations to use a TPP member- produced yarn in textiles in order to receive duty-free access. Vietnam's garment and textile industry remains reliant on imported raw materials from many countries, which are not TPP members, including China. Accord

The four cargoes will consist of 950,000 barrels each. (Image source: Troy Stoi/sxc.hu) Nigeria has plans to export four shipments of Bonny Light crude oil next month, boosting monthly exports to around 1.94mn bpd A shipping list has revealed that Shell Petroleum Development Company (SPDC) will transport four shipments of Bonny Light grade, excluding condensates, to the international market. The country’s current export capacity is about 1.84mn bpd, less than 140,000 bpd allocated by th

FC Bayern Munich manager Pep Guardiola has been officially announced as an adidas ambassador. Formerly a cultured defensive midfielder for FC Barcelona and Spain, Guardiola is now undoubtedly one of the best managers in the game and over the course of his career he has become one of the most decorated names in football. As part of his new ambassadorial role, Guardiola will become the face of this season's adidas UEFA Champions League campaign, Gamedayplus, which will run for the entirety o