Peru to double textile and apparel exports by 2017. PHOTO: ANDINA/ Archivo. Peru plans to double its textile and apparel exports by 2017 and invest over $60m to promote its key designer brands in international markets. The goal is part of the South American country's efforts to also double total exports in the fiscal period of July 2011 to July 2016. Apart from promoting its exports abroad, the country is also looking to strike free trade deals with Australia, Brazil and Russia in the nea

They are polyester fibres with a plus. After perfumed textiles introduced in its Vimal range, Reliance Industries is looking at flame-retardant and UV-resistant yarns. Research and development (RandD) at Reliance Industries (RIL) has found new ways to make these protective fabrics, generally used in flame-retardant children’s clothing, decorative fabrics for the home textiles industry, seat covers and the hospitality sector. For a company that has been in the flame-retardant textiles busines

Exports of the textiles and clothing sector posted an increase in value of 7.06% in the first quarter of 2013, compared to the same period in 2012, amounting to 472 million dinars, while imports decreased by 2.87% for a total of 301 million dinars. The trade balance has increased by 14.6 points in March from 142.5% in March 2012 to 157% in March 2013, according to the Economic Letter of the Technical Center of Textiles (CETTEX). Major customers of Tunisia during the January-March 2013 period

Local textile millers, who meet 40 per cent of the country's apparel manufacturers' demand for fabrics, look to raise their investments further in the particular sector, sources said. They have a far greater scope for investment in fabrics manufacturing for the ready-made garment (RMG) producers, who export garments worth about $ 19 billion a year. On the other hand, China and some developing countries are switching over to hi-tech and other business from spinning and weaving, which also cre

Cotton prices traded lower on the back of weak export and domestic demand. According to traders, the tend in the market is lukewarm as there is no big buying. Gujarat Sankar-6 cotton decreased by Rs 200 to Rs 37,200-37,500 for a candy of 356 kg. The Kalyan variety cotton traded at Rs 29,000-29,500 for a candy. About 20,000-22,000 bales of cotton arrived in Gujarat and 65,000-68,000 bales across the country. Cotton ready delivery quoted at Rs 3,870-3,965 a quintal in Punjab, Rs 3,810-3

The China Africa Cotton project for construction of factory for cotton ginning and producing cotton seed oil in the Maringué district, in the north of Sofala province, is at an advanced stage, said a district official. Carlos Coimbra, the district director of the Economic Activities Department, told Mozambican newspaper Notícias that Chinese investors had secured the investment needed for building the unit and were now waiting for conclusion of the economic feasibility study. The factory, whi

Bangladesh's apparel industry has been hit by shortage of labour, particularly skilled and semi-skilled ones, as many of the factories are suffering from the problem, resulting in shifting of export orders to other countries. The insiders including, among others, some of the owners of the readymade garments (RMG) units, said they have been facing such a situation that has already affected their production and export earnings. "Many foreign buyers are coming to us for placing orders, but somet

Morgan Fabrics is moving into a new warehouse and distribution center here that at 320,000 square feet is almost triple the size of the building the company has leased for the past six years. The building, which Morgan will use as its Tupelo Free Trade Zone facility, sits on a 25-acre site. Arnie Gittelson, chairman of the Los Angeles-based fabric supplier, said in a statement that Morgan is constructing new offices at the facility this month, adding new telephone and IT facilities, and upgr

40 Italian textile machinery manufacturers will be represented at upcoming Techtextil 2013 (June 11 – 13) in Frankfurt (D) and thereof 13 will be present at Meeting Point Italia, the exhibition space set up by ICE the Italian trade Promotion Agency, and ACIMIT, the umbrella association of Italian Textile Machinery Manufacturers. The thirteen exhibitors at the ICE-ACIMIT Meeting Point (Hall 3, stand B08) will be Bianco, Bombi, Bonino, Corino, Dell’Orco, Errebi, Ferraro, Gemata, Ramina, Ratti, Sa

Nike Nike is removing these shirts from sale. Nike is in the process of removing this "Boston Massacre" T-shirt from its outlets, according to ESPN's Darren Rovell. The shirt — which shows the word "Boston" spattered with blood — has nothing to do with the bombing of the Boston Marathon. Rather, it's a shirt for fans of the New York Yankees commemorating a 4-0 series of games in 1978 that the Yankees won against the Boston Red Sox. The marathon bombing took place the same day as a