A senior Iranian business official said that the exports of Iranian carpet reached $400 million in the first 11 months of the current Iranian calendar year (started March 20, 2012), Press TV reported on Thursday. The Islamic republic exported the carpets to 70 countries despite the obstacles that the US-engineered sanctions have created on the country. Mohammad-Baqer Aqa-Alikhani, the chairman of Iran's National Carpet Center, was quoted as saying on Wednesday. "Forty-five percent of Iran's c

Adidas AG has said it will revive the troubled Reebok brand even as the German sportswear group increased the quantum of hit it took due to a financial irregularity in Reebok India almost 70% more than it previously estimated. Adidas said the fraud in India in 2011 made a dent of e211 million, about Rs 1,500 crore, in its balance sheet for that year, much more than its last year's estimate of e125 ( Rs 890 cr). But the company said it is committed to both the brands. "As unpleasant as the

In cotton season 2012-13, seed kapas prices in Andhra Pradesh fell below the MSP prices. Ministry of Textiles in consultation with State Government of Andhra Pradesh and the Cotton Corporation of India put in place an effective mechanism for conduct of timely and efficient MSP operations by operationalization of 100 procurement centers in the districts of Warangal, Guntur and Adilabad so that farmers may not incur losses. Cotton Corporation of India has procured 22.60 lac bales in November-

Bangladesh has rejected India’s request to notify it as a country from where it imports cotton yarn as input for textile products it exports to the European Union (EU). “Bangladesh has not accepted India’s request,” Minister of State for Commerce and Industry D Purandeswari told the Lok Sabha in a written reply on March 4, according to Business Standard, an Indian English-language daily newspaper. India had been requesting Bangladesh for more than a year now to extend the EU’s generalised sch

Lands' End introduces an exclusive new swimwear technology that knits varying levels of tension control into the lining of Shape & Enhance swimsuits. This breakthrough in swimwear is accomplished through a body mapping process that targets the areas women most want to smooth, while still offering comfort and freedom of movement. The Shape & Enhance collection features silhouettes in one-pieces, tankini tops and a choice of skirted or bikini bottoms. "The Lands' End Shape & Enhance

Hanes, America's No. 1 Brand of Family Basics [ii], is honored to receive the U.S. Environmental Protection Agency's highly coveted Energy Star Sustained Excellence Award for 2013. The award is the company's fourth consecutive year of Energy Star recognition and its second consecutive year as a recipient of the Sustained Excellence Award, which is given to a select group of organizations that have exhibited outstanding sustainability leadership year after year. Hanes will be honored for its comm

Inspired by the notion of travel and re-invention, Laura Ashley's Spring/Summer 2013 collections are all about looking forward to a new era: a mix of new pieces and reinvented bestsellers mean that they embody the key looks for SS13 in true Laura Ashley style. The Lemoncello & Colour Pop spring collections are vibrant & zesty with shades of orange and yellow which create exciting pops of colour against silver-grey and earthy tones. Both of these ranges showcase contemporary classics s

Eighty per cent of small and medium-scale enterprises (SME) could be forced to shut down if the Government's proposed minimum wage policy of between RM800 to RM1,000 is implemented across the board. The SMI Association of Malaysia said SMEs were mostly labour-intensive and based on the nature of their operations, they would not be in the position to absorb the cost spike. The effects of such ruling would be harder on the SMEs if implemented on a blanket basis, national vice-president Micha

Workers’ unions as well as the Garment Manufacturers Association in Cambodia (GMAC) need to reach a compromise over the wage debate, Vong Sovann, Deputy Secretary-General of the Ministry of Social Affairs’ Strike Resolution Committee has said. The official, who is supervising the wage negotiations, said the existing minimum wage of US$ 61 per month is very less and the garment workers are seeking a hike in wages, which however is not acceptable to factory owners, The Phnom Penh Post reported.

The domestic textile industry will be greeted with opportunities and orders in the near future. Saigon 3 Garment Company factory According to the Ministry of Industry and Trade, the export quota in the first quarter of 2013 reached $1.05 billion, a 28.4pct increase compared to the same period last year. Most textile firms already have a lot of orders. The Vietnam National Textile and Garment Group (Vinatex) said Vietnam is on a priority list with many foreign importers. Even though the