The prospects of the spinning industry – an important subsector of the textile industry – are expected to shine for at least another year. The good news came from China, which has decided to continue support cotton prices at home resulting in the continuation of yarn imports from regional countries including Pakistan. The government’s support to the cotton prices in China made it very difficult for its spinning industry to continue manufacturing yarn, thus China is for the most part relying on

A surging New Zealand dollar has undermined wool prices at this week's South Island sale, ending a period of stability. The exporter, New Zealand Wool Services International, says the market remained firm for in-demand wools but the rise in the dollar by more than 2% against the United States currency undercut the rest. Fine crossbred fleece and shears and some coarse crossbred wools sold for 2-5% less. The clearance rate at Thursday's auction was also down, with just over three quarters o

The Chinese textile industry is increasingly paying attention to issues such as energy savings and low environmental impact for production processes–in response to which the Italian textile machinery sector will be presenting its sustainable technology at Nanjing on May 21. The technology seminar organized by ICE–the Italian Trade Promotion Agency, and ACIMIT - the Italian Association of Textile Machinery Manufacturers, will host various machinery manufacturers associated with ACIMIT: Bianco, B

Marks and Spencer reported its fourth quarter trading statement ended March 30, 2013. The group delivered the strongest quarterly sales growth in the last two years. Group sales increased by 3.1 percent, total UK sales increased by 2.6 percent, multi-channel sales increased 22.9 percent. International sales increased 7 percent. Mobile sales grew by over 70 percent on last year. Marc Bolland, Chief Executive, said: “We continue to make good progress in transforming Marks & Spencer from a tra

U.S. stocks were trading higher Wednesday, as the Dow Jones Industrial Average recently rose 80 points to 14754, the Standard & Poor's added 10 points to 1579, and the Nasdaq Composite climbed 34 points to 3272. Big movers in American soil were Aeropostale and American Eagle Outfitters, although for completely different reasons. Aeropostale Inc. (ARO) got cut to ‘sell’ from ‘neutral’ at Goldman Sachs. The investment bank said in a note to clients, "A shift in the competitive landscape has l

For the month ended March 31, 2013, comparable sales for American Apparel increased 8 percent including a 5 percent increase in comparable store sales for its retail store channel and a 26 percent increase in net sales for its online channel. Wholesale net sales decreased 7 percent for the month of March. Total net sales for March 2013 increased 2 percent over the prior year period. For the quarter ended March 31, 2013, total net sales increased 5 percent with an 8 percent increase in comparable

Sehyun Park, a sixth-semester Fashion Design student at FIT, has won the women’s wear category in the 2013 Joe’s Blackbook Scholarship Design Competition. Park received a $10,000 scholarship from the national recruitment and consulting firm. Her winning collection is knit separates inspired by the desert. Joe's Blackbook portfolio sketches The Joe’s Blackbook scholarship was developed to support and nurture the next generation of designers. Students from top design schools across the natio

Those who think that 1920s fashion was all about arms and legs exposing loose knee length flapper dresses are in for a surprise as an amazing sartorial treat, celebrating the styles and trends of that era, awaits them at the John Harris-Simon Cameron Mansion in Harrisburg, Pennsylvania. The exhibition titled 1920s Fashion Exhibit features a range of clothing and accessory collections sourced from the Shippensburg University Fashion Archives and Museum (SUFAM). Displayed in two newly create

Famous British designer Lulu Guinness has once again collaborated with the Japanese casual wear brand Uniqlo to launch a collection of playful T-shirts. The prolific designer, who also is a proud holder of the Order of the British Empire (OBE), has incorporated her signature cute, witty prints in the new line. Primarily based on monochromes, the quirky T-shirts are decorated with Peter Pan collars, stripes, polka dots and eye as well as lip-shaped motifs. Mainly known for her avant-gard

The textile industry on Wednesday called for regionally competitive interest rates, urging the State Bank of Pakistan, which is announcing its key policy rate on Friday, to bring discount rate down to 8 per cent to counter weak growth and revive fresh, private investment in the economy to create jobs. The manufacturers argued that only textile sector has borrowed more than Rs41 billion from banking sector to make investment, acquiring latest machinery for the growth of industry during last s