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Imitation Jewelry

The term costume jewelry dates back to the early twentieth century. It reflects the use of the word ........

Handbags

A handbag, also purse or pouch in American English, is a handled medium-to-large bag that is often fashionably....

Textile Sector Faces Technological Obsolescence

Recent years have witnessed a drastic growth in the hosiery, and readymade garment production in the Indian textile sector. However, the textile sector is largely unorganised and dispersed.

Due to this, the industry is suffering from technological obsolescence and sub-sectors need up-to-date machinery for production of fabric, yarn, and ready-made garments, according to fibre2fashion.

India has taken several steps to boost the industrial growth in the textile sector. Initiatives such as Technology Upgradation Funds Scheme (TUFS), Scheme for Integrated Textile Parks (SITP), excise and import duty liberalisation of textiles and textile machinery are shots in the arm of the textile industry.

They have not only provided much required fillip for igniting growth but also have leveraged the growth of textile engineering industry which includes manufacture of complete machinery, accessories and parts.

Though the machinery industry is growing in a reasonable speed, some of the sector specific machines still have not been able to match the quality and productivity standards of the world-class machines.

News Source: http://www.aepcindia.com/national.asp?id=183&yr=2010

Clusters To Help UP Weavers To Compete Globally

The union ministry for textiles is all set to launch its cluster development scheme across five districts of Uttar Pradesh to impart training to weavers so that they can compete on international platform.

The programme is expected to offer a boost to handloom weavers of the region. Six to eight clusters will be formed in each of the five districts, including Barabanki, Varanasi, Bijnore, Azamgarh and Amroha with each cluster comprising of 300 to 500 weavers.

Designers from leading institutes such as National Institute of Design (NID) will impart training to the weavers to improve designs, while marketing entrepreneurs will offer them knowledge on market trends. This training will start after identifying the clusters, by the ministry’s office of development commissioner for handlooms.

Deputy director (processing) at the office of development commissioner for handlooms A.K. Shukla said that there are more than a dozen districts in the state where various handloom products are weaved.

But products manufactured here don’t witness demand in the international market as the weavers are still recreating old designs without bringing any improvement into it, in spite of having abundant manpower and raw material.

News Source: http://www.aepcindia.com/national.asp?id=184&yr=2010

Dyeing Units Strike Gives Jitters To Exporters

The continuing strike by the dyeing unit owners in Tirupur is giving jitters to the clothing exporting sector in the south India based textile and garment hub. At a time when the order position of most of the garment exporters seems to be improving, this strike could put a spanner in the works and dampen their spirits.

The dyeing units have struck work in support of their demand that the state and the central government share the cost of treating effluents discharged by these units. Dyeing process is a very important process within the value-chain of the textile and clothing sector and a disruption could cause delay in dispatching apparel export orders.

Tirupur is well-known for its cotton knitwear, the orders for which are processed during the current period. If the situation persists, these exporters could lose out on these orders.

There is also a possibility that the production process beginning from knitting could grind to a halt as inventories keep piling up at various stages of the value-chain. Around 600 dyeing and processing units have taken part in the strike, which together provide direct jobs to 50,000 to 60,000 people and indirectly to as many.
The other big worry for these units is that most of the workers have migrated to their home towns. As and when the strike gets over, it will take many more days to normalise operations.

News Source: http://www.aepcindia.com/national.asp?id=179&yr=2010



Yarn Shortage Affecting Textile Sector of Pakistan

ISLAMABAD — As the government has failed to resolve the yarn crisis, some 30 per cent work of the textile sector has been affected and majority of the textile units had close down due to the unavailability of the yarn from last few weeks, TheNation has learnt on Friday


According to the sources, unavailability of yarn even at the higher prices is getting serious with the passage of every day and majority of the industries in Faisalabad and Jhang and other countries had left the working. If the current crises remain for next few weeks’ country would not available to fulfill its export targets, the sources added.


It is worth mentioning here that in the ongoing year production of cotton in the international market is not sufficient and countries like China are importing it from Pakistan, which is considered one of the main reason for the yarn shortage in the country.


The sources further said that every year Pakistan exports about 25 per cent of the yarn to the other countries, while this year the export expected to be 30 per cent, which could create problems for the local industries.


Meanwhile, different associations of the textile industry believed that exporting yarn is the reason for the unavailability and they are demanding of the government to impose ban on the export of yarn in order to provide commodity to the local consumers. Small Power Looms Association already threaten to observe countrywide strike in the month of December if government did not impose ban on the export of yarn.


However, the government is totally failed to solve the said crisis as neither the talks, between the Minister of Textile Industry with all stakeholders, proved any good nor the Cabinet Committee on Textile found any solution to the problem. The cabinet committee on textile met under the chair of Federal Minister for Finance Shaukat Tarin few days back but did not announce any strategy regarding availability of yarn in the country.


The sources further said that if the government did not come with some strategy in next few weeks Pakistan would deprive of the textile orders of EU and USA that would further affect the growth of the textile sector.


Similarly, the yarn shortage emerged because of the black-marketing and storage of yarn in order to increase the prices. Domestic cotton prices have already surged by 25 per cent since the start of the current fiscal year. Neither the provincial governments nor the federal government took any action against those responsible for the blackmarketing


Federal Minister for Textile Industry Rana Farooq Saeed Khan said once that action would be taken against the hoarding and black marketing but despite passing of two weeks no step is taken.


Analysts and exporters anticipate further rise in the domestic cotton prices because of active buying by the international buyers who have flocked Pakistan amid a shortfall in world cotton production.


Source: PRGMEA


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India’s Textiles & Clothing Exports

India’s textiles and clothing exports stood at US$ 19.15 billion in 2006-2007 and improved to US$ 22.14 billion in 2007-2008. Textiles and clothing exports came down to US$ 20.94 billion in 2008-2009. However, in rupee terms the exports of textiles and clothing during 2008-2009 were of the order of Rs.96,309 crore as against Rs.89,121 crore in 2007-08, thus representing an appreciation of 8.07%. In absolute terms, the textiles and clothing exports as percentage of India’s total exports declined from 15.16% in 2006-2007 to 13.59% in 2007-2008 and further to 11.47% in 2008-2009. As per advance information received from some segments of the industry, there has been a considerable decline in the exports of readymade garment and cotton products during the first two quarters of the current financial year. This was stated by the Minister of State of Textiles, Smt . Panabaaka Lakshmi in the Lok Sabha today, in a written reply to a question by Shri Hansraj G. Ahir, Shri Jagdish Sharma and Dr. Murli Manohar Joshi.

The Government has been holding discussions at the highest levels with textiles and garment exporters to find out ways and means to counter the adverse effect of the global economic slowdown on India’s textiles exports. Various incentives have been introduced or enhanced for the sector under the Foreign Trade Policy 2009-2014, the Minister added.

News Source: Ministry of Textiles

BGMEA, labour leaders form nine bodies to monitor RMG sector

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and labour leaders have jointly formed nine committees to monitor the situation in the apparel sector, specially in Dhaka, ahead of the Eid-ul-Azha festival.


The BGMEA leaders and the labour leaders formed the committees at a meeting held at the BGMEA office in the city Saturday.


BGMEA officials said the committees would act promptly to address any disturbance in the apparel sector in Dhaka.


“The committees will closely monitor the labour situation and find out the ways to solve the crisis,” Abdus Salam Murshedy, BGMEA president, told the FE Sunday.


The BGMEA chief also said he already urged the garment factory owners to pay the wages and bonuses before the Eid-ul-Azha festival.


The meeting was also attended by Bangladesh Textile and Clothing Labour League president ZM Kamrul Islam, Bangladesh Jatiyatabadi Garment Dal president Shahidul Islam and Jatiya Garment Sramik League president Md Selim Reza.


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Macy’s posts slight sales decline as shoppers emerge

Macy’s Inc reported a 0.8 per cent dip in its October same-store sales, ahead of the retailer’s outlook and putting it on strong footing to meet or beat its second-half projections. Cincinnati-based Macy’s operates roughly 850 department stores.


Analysts surveyed by Thomson Reuters expected the Cincinnati-based department store chain to report a same-store sales decline of 0.1 per cent. Macy’s total sales slipped by 1.3 per cent to 1.69 billion dollars from 1.71 billion dollars a year ago.


For the fiscal third quarter, its same-store sales declined by 3.6 per cent. That tracks ahead of what Macy’s had projected for the second half of the year, which is a same-store sales decline of five to six per cent. Total sales dropped 3.9 per cent, to almost 5.3 billion dollars from 5.5 billion dollars.


News Source: AEPC India


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Menswear companies focus on carving up domestic market

On the 3rd Annual Meeting and Summit of Men''s Wear Commission, Jiang Hengjie, Executive Vice President of China National Garment Association said the competition within Chinese menswear industry has been upgrading; China's international competitiveness shifts from labor cost advantage to advantages in product development, product quality, brand creativity and cultural innovation.

During industrial structure adjustment and upgrading, industrial resources start to flow and restructure; industry regional distribution goes through minor adjustments. Rising competition appears in domestic market which becomes the focus of companies.

Italy Textile, Shoe, Leather, Eyewear Indus Want Government Support

Italy's textile, leather, shoe and eyewear industry leaders said Monday they have formed a united front to ask the government to help sustain jobs, salaries and investments, as the global economic turmoil batters the retail sector.

In a statement, the groups said they wrote a letter to Italy's Prime Minister Silvio Berlusconi, asking the government for an "urgent" meeting to discuss the negative effects of the global crisis on the sectors.

Italy is the largest exporter of clothing, textiles and shoes in the 27-member European Union. According to government agency SACE earlier this month, Italian export growth is expected to slow notably for the next three years.

The letter calls for the government to help maintain production with measures including facilitating credit lines for small- and medium-sized companies which make up the textile, shoe and eyewear industries, as well as cutting taxes on female workers, in order to improve their working conditions.

Female workers make up 65% of these industries' work force, the statement said.

Experts expect the luxury sector, which these industries serve, to face pressure into 2009. Bain & Co. expects worldwide luxury good sales to rise only 3% in 2008, from a 9% on-year increase last year.

News Source: chineseleather.org

Dayanidhi Maran exhorts jute industry to focus on product

The mantra for survival of jute industry is product diversification and the Jute Geo Textiles (JGT) provide an opportunity to the Jute Industry to diversify and capture new market, said Thiru. Dayanidhi Maran, Union Minister of Textiles while launching the International Project for the Development and Application of Potentially Important Jute Geotextiles, here today. Ambassador Ali Mchumo, Managing Director of the Common Fund for Commodities, Tmt. Rita Menon, Secretary, Textiles, Thiru. Sutanu Behuria, Chairman, International Jute Study Group (IJSG) and Thiru. Sudripta Roy, Secretary General, International Jute Study Group, and Thiru. Bhupendra Singh, Joint Secretary, Ministry of Textiles were also present.


The Minister said that Jute Geotech is a very cost effective and versatile material for ground modification and stabilization, however, in India the use of these materials remain inadequate and far below the potential despite the country having the second largest road network in the world and indigenous fibre base. It becomes our bounden duty to sensitize the stakeholders about myriad applications of Jute Geotextiles and its business potential, emphasised Thiru. Maran.


Jute Geotextiles (JGI) can have a business potential of Rs. 1,260 crore in the 21,000 kilometre National highway being upgraded by the Government, said Thiru. Maran. The Bharat Nirman, a time bound action plan for development of rural infrastructure, envisages laying of 24,000 kilometres of roads to provide connectivity to rural areas and Jute Geotextiles in this Programme can generate a market potential of Rs. 868 crore, said Thiru. Maran. The Government will spent US $ 78.5 billion for development of road infrastructure during the Eleventh Five Year Plan Period and the Jute Textiles Industry shall shape up to exploit the potential, said the Minister.


The Minister said that there is an immediate need for standardization, if the Jute Geotextiles have to meet acceptability both in national and international markets. The Minister said that the five years US$ 3.96 million dollar project has also a social angle. The increased off take of jute will help in poverty alleviation in jute-growing areas and in improving the living conditions of farmers and workers. I compliment the Common Fund for Commodities (CFC) and the International Jute Study Group (IJSG) for their initiative, said the Minister.


The Minister hoped that the Jute Manufactures Development Council (JMDC) as the Project Execution Authority (PEA) will be able to fulfil its commitments with the support and co-operation of the partners of the project and lead jute sector to a better position in the interests of the farmers, the workers, the industries and all the stakeholders in the sub-continent.


News From: Ministry of Textiles


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