The International Textile Manufacturers' Federation (ITMF) will hold an annual global conference in Sri Lanka in September at the invitation of the Fabric Apparel Accessory Manufacturers' Association of Sri Lanka, Daily News reported Monday. The conference based on "A textile world for big and small" will provide a platform for Sri Lanka to be in the spotlight of the global apparel industry and showcase Sri Lanka's strengths in the apparel business. This year's conference will attract ma

Australian Wool Innovation Limited conveyed that Italy's economy appeared to be flirting with recovery since the latter part of 2005. However, growth into 2006 is expected to be anaemic at best, primarily due to the steady deterioration of its export competitiveness rather than flagging domestic consumption.According to the Italy's Istituto Nazionale di Statistica, domestic consumption began a moderate lift in October 2005, while clothing sales, in nominal terms, lifted more buoyantly to record

The figure represents an increase of 65% over January 2005, when only $92mil worth of products were exported. The inter-ministries saw the export turnover as an encouraging result, especially considering that Vietnamese enterprises could not take the initiative in their production plans as they were facing difficulties related to borrowing from 2006? quotas in 2005 as a result of the tardiness of the ATC (agreement on textile and clothing) extension. However, thanks to flexibility in quot

The key industry has replaced worn-out equipment to face global competition after the 30-year quotas ended in January 2005. The quotas ensured that developing countries had access to the key European Union and US markets. But while their $5.5-billion investment over the past five years has given good returns, they say that cost overruns at home threaten their hopes for the future. The issue is enormous for debt-burdened and poverty-stricken Pakistan, which relies on textiles for about 67

CAPE TOWN (Reuters) - South Africa and China have agreed in principle a pact to regulate the import of cheap Chinese clothing and textiles, but were still working to finalise a deal, the trade minister said on Monday. South Africa's powerful trade federation COSATU has demanded the government take action to stem the flow of cheap Chinese imports, which analysts say threaten the industry in South Africa. "There has been political commitment on the side of both governments to come up with an

Notice concerning the anti-dumping measures in force in respect of imports in to the Community of certain finished polyester filament fabrics originating in the People's Republic of China:modification of the name of a company subject to an individual anti-dumping duty rate(2006/C26/02). Imports of certain finished polyester filament fabrics originating in the People's Republic of China are subject to definitive anti-dumping duties,imposed by Council Regulation(EC) No 1487/2005 (1).Hangzhou

THE big chill now afflicting Australia's retailers is part of the longest downturn in the sector since the recession of the early 1990s. That startling fact will form the centrepiece of research set to be released today from a brokerage house which has attempted to put retail's current woes into some kind of historical perspective. These analysts say the decline started back in mid-2004, just as the housing boom started to cool, interest rates went up and petrol prices headed north. Hopes

China's textile sales reached 3.3 trillion yuan (408 billion U.S. dollars) in 2005, surging 115.7 percent from 2001, said the National Development and Reform Commission report. The textile industry has become an important industry with fairly tangible competitiveness in the international market, due to industrial restructuring and upgrading," the report said, adding that apparel exports reached 116 billion U.S. dollars in 2005, up 118.9 percent from five years ago. Major textile enterpri

Wool prices are now clearly rallying, boosted by a possible rebound in demand for wool apparel at retail. Prices further surged this week in Australia and South Africa, although they were expected easing. More is to come in the next week with fine-quality wool sales being held in Lauceston, Tasmania. Wool prices further surged this week in Australia. Benchmark Eastern Market Indicator (EMI) gained another 13 Australian cents at 704 cents per kilo clean, for the first time above 700 cents sinc

Mexico's apparel and textile producers have clearly been suffering in 2005. Latest figures confirm lower shipments to the US in a year dominated by trade tussles with China. The industry is in a panic and has been hemorrhaging jobs in a bid to reduce production costs whilst also losing out to Asia in restricted China categories. Mexico's apparel exports to the US have declined in 2005 under pressure from soaring Chinese shipments. Total volume of apparel shipments en route to the US has fa