French luxury brand owners target Chinese consumers

French luxury brand owners are launching an online campaign to try to drive sales in the Chinese market.

The Comite Colbert, whose members include Chanel, Christian Dior, Lacoste and Louis Vuitton, will unveil cColbert in October-end in a bid to introduce Chinese consumers to "the world of French luxury."

The campaign is aimed at China's younger, internet-savvy shoppers, and reflects the Colbert strategy of opening up to emerging markets, particularly in today's slow business environment.

China is the cornerstone of this strategy, it says, with companies belonging to the Comité Colbert seeing the average share of the Chinese market in their global sales climb from 4.5 to 8 per cent since 2005.

"The French luxury sector is leading the way both by opening up the market and pioneering new practices on the internet," said Ms Elisabeth Ponsolle des Portes, president and CEO of the Comite Colbert.

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Extra support for small exporters

Trade Minister Simon Crean today announced that the Federal Government will make it easier for Australian exporters and overseas investors to obtain financial assistance.

The Federal Government will simplify and expand the powers of the Export Finance and Insurance Corporation (EFIC) to enable it to more effectively provide financial support.

Under the changes, a new broader eligibility test for small-to-medium-sized enterprises will be introduced.

Mr Crean said the changes reflected the increasingly sophisticated role Australian businesses play in the global economy and would help them respond to the global recession.

“Australian exporters face many challenges and find it difficult to access finance for expanding their operations internationally,” he said.

“Expanding EFIC’s powers to better support Australian exporters will give a boost to this growing and dynamic sector of Australia’s economy.”

“The Government is working to help Australian businesses looking to export,” Mr Crean said.
Under the changes, the simplification of EFIC’s powers will reduce the cost burden on exporters of accessing EFIC’s services by streamlining the eligibility criteria.

A new net economic benefit test for exporters will allow EFIC to provide assistance in broader circumstances to exporters which have an annual turnover of their corporate group of up to $100 million.

The broader test has been designed to provide effective assistance to exporters seeking to establish global supply and distribution chains and harness the opportunities from the globalising economy.

A business survey by Dun and Bradstreet released this month showed growing confidence among Australian companies with 46 percent of respondents expecting increased sales in the December quarter. However, 45 per cent of those surveyed also expected a negative impact on their business from difficult credit market conditions.

The expansion of EFIC’s mandate will require changes to the EFIC Act.

As the Australian Government’s export credit agency, EFIC helps Australian exporters and overseas investors to overcome financial barriers by providing finance, finance guarantees, insurance and bonding facilities.

News From: AUSTRALIAN MINISTER FOR TRADE

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China Hi-Tech Fair 2009 – 'Hong Kong Pavilion'

The China Hi-Tech Fair (CHTF) is a state-level, international hi-tech event held annually in Shenzhen. It is approved by the State Council of the People's Republic of China and jointly hosted by nine government departments and Shenzhen Municipal People's Government. Since its inception in 1999, the CHTF has provided a platform for technology companies all over the world to showcase their technological achievements, exchange information, identify collaboration partners and explore business opportunities. The CHTF 2009 will be held on 16-21 November 2009.

The Innovation and Technology Commission and Hong Kong Trade Development Council will jointly organise the 'Hong Kong Pavilion' at the CHTF 2009 to showcase the latest innovative and technological capabilities and achievements of Hong Kong to the world. Enterprises registered in Hong Kong are eligible to apply for exhibition space in the 'Hong Kong Pavilion'.

For Complete informatios please visit: www.itc.gov.hk

Want to develop business opportunities, come and post your business offers & enquries absolutely free at: www.b2u.us

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Upcoming Fair - JITAC European Textile Fair 2009

Industry: Textiles & Fabrics
Date: October 27, 2009 - October 29, 2009

Venue:
THE JAPAN IMPORTED TEXTILES AGENCY COUNCIL
5-1 Marunouchi, 3-chome
Chiyoda-ku, Tokyo 100-0005, Japan
Web: www.jitac.jp

19th JITAC European Textile Fair 2009 will be held on 27th – 29th Oct, 2009 at Tokyo International Forum. European Textile Fair 3 years has passed since JITAC(Japan Imported Textiles Agency Council) had been authorized as a cooperative organization.

Now the time has come to renew the organization more attractive and vital. We make this theme possible by integrating full experienced staff with young energetic members. With increasing nember of visitors, we are glad to say that the JITAC European Textile Fair, taken place twice a year, has become a significant role to see where the world fashion trend is heading thanks to Premiere Vision and all suppliers' great supports.

Want to post your business offers for textiles & Fabrics the Click Here

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International Conference on “GLOBAL TEXTILE OPPORTUNITIES

The Textile Association (India) Mumbai Unit (TAI) organized the International Conference on 16th & 17th January 2009 at Hotel Intercontinental the Lalit, Mumbai. The theme of the Conference was “Global Textile Opportunities – Vision India”.

Check full details at: www.textileassociationindia.com/press%20reports.html

Check Exporters & Importers of Textiles at: www.textileimporters.co.cc

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BGMEA Demands Stimulus Package

BGMEA leaders today reiterated their demand for a stimulus package for the ready-made garment (RMG) sector to offset the adverse impact of the global financial crisis.

BGMEA President Abdus Salam Murshedy said the garment sector was ignored unfortunately in the proposed budget for the fiscal year 2009-10.

The RMG manufacturers had been lobbying with the ministers and other government high-ups for the last few months for the stimulus package as they are facing the crisis of global recession.

The finance minister in his budget speech on June 11 did not propose any stimulus package for the country's main export earning RMG sector although he proposed a stimulus package worth Tk 5,000 crore. But the minister did not mention which sector would be benefited from such reserved fund.

"We did not get anything from the interim stimulus package and in the proposed budget the RMG sector was bypassed which is very unfortunate for the sector," Murshedy said at a post-budget press conference at the BGMEA office.

He demanded 5 percent subsidy on bank interest rate and subsidy on diesel purchase at Tk 10 per litre for their survival during the recession.

The president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said the government should give export performance bonus or cash incentive at a rate of 10 percent against export.

He said the VAT on all usages of utilities by the garment factory owners should be withdrawn.

Murshedy criticised the provision to allow whitening of undisclosed money in the proposed budget, as the honest taxpayers would feel discourage to pay taxes.

The BGMEA chief also urged the government for reinstating the tax-holiday facility up to 2015 and fixing 1 percent import duty on export-oriented capital machinery.

The government should give long-term loan for setting up effluent treatment plants (ETPs) in the factories to save country from environmental pollution, he said.

He also urged the government for extending the loan rescheduling facility without down payment up to 2010 from the existing June 30, 2009.

"We demand that the taskforce committee on global recession will meet soon to give allocation for the RMG sector from the proposed stimulus package of Tk 5,000," he said.

News From: BGMEA

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Textile exports decline in July-August

Textile exports have declined by 8.36 percent during the first two months of the current fiscal as compared to the same period of last year. Provisional trade figures, released by the Federal Bureau of Statistics (FBS) on Thursday, showed that the textile exports during July-August 2009-10 had declined to 1.617 billion dollars as compared to 1.765 billion dollars during the same period of last year.

Detailed analysis of the data showed negative growth in six of the total 13 exporting sub-sectors of textile group. Cotton cloth showed a negative growth of 27.30 percent during the period under review; cotton corded or combed: 80.87 percent; knitwear: 12.44 percent: bed wear: 11.30 percent; towels: 10.68 percent; and tents, canvas and tarpaulin: 37.40 percent.

Export of cotton cloth declined during the first two months of current fiscal to 225.081 million dollars from 350.884 million dollars for the same period of last year, exports of knitwear declined to 320 million dollars from 365 million dollars and bed wear to 259 million dollars from 292 million dollars.

The exports of towels dipped to 103 million dollars during July-August to 115 million dollars whereas tents, canvas and tarpaulin to 6.68 million dollars from 10.673 million dollars for the same period of last year. According to FBS figures, the export of cotton raw cotton showed 33.50 percent growth to 19.653 million dollars during the first two month of the current fiscal from 14.721 million dollars for the same period of last year.

For full news visit: www.prgmea.org

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The first Chinese shoe wholesale market to open in Moscow

The shoe wholesale market is located in Signahl Street in Moscow with a business area of 3600 square meters that can provide over 200 stores for Chinese traders, it has been planed to open business at end of this year.

It is said the project is invested by an overseas Chinese businessman, all the shoes and related products sold in this market will come from China but must be through the official customs clearance, it is estimated the wholesale business will reach to 30 billion rubles in the first year.

President of Russia-China Center for Economic and Trade Cooperation said this will be the first shoe wholesale market for Chinese businessman since closure of Cherkizovskya market.

News From: www.chinaleather.org

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Fuzhou in Fujian province increases its shoe export to Africa

Fujian Inspection and Quarantine Bureau said shoe export from Fuzhou shoemaking sector to African countries increased 3.72% and 10.91% both in volume and value in the first eight months, value increases to 60.636 million U.S. dollars.

The organization attributes the growth to quality improvement and enhancing management on shoe production.

News From: www.chinaleather.org

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Argentina-Hide market collapse hits beef prices

BEEF INDUSTRY CRISIS FALL IN HIDE PRICES.

The downturn in orders for finished leather in Argentina, has sent the prices of hides tumbling at the meat plants of country. The price per hide has gone from US$35-40 to US$10-12 per hide.

This money was traditionally relied on by the beef plants, to cover the costs of production and transport, leaving change of US$10-12 per head. The reality today is that the beef plants, have to pay an addition US$15 to produce their beef.

The embattled United States is not buying leather for upholstery in the car industry.

Argentina is a leading global supplier of finished leather, as no hides are allowed to leave the country raw, they must be processed into leather within the country.

There have been 1,200 tannery workers laid off in the last two weeks, more lay offs are expected.

While China still remains the main market for leather, the United States have always preferred Argentine leather for their automobile industry, making them the second largest market

The leather industry is worth well in excess of US$1.2 billion a year, to Argentine exports.

News from: www.chineseleather.org

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Textiles Ministry and FICCI to jointly organise Workshop on Applications of Technical Textiles in Agriculture & Environment

Ministry of Textiles and FICCI are jointly organising a Workshop on ‘Strengthening-Government-Industry-Consumer Partnership on Agrotech and Oekotech Textiles’ here tomorrow . Senior Officers from the Central and State Governments will address the delegates. Over 100 delegates from various sectors like Agriculture, State Governments, Agricultural Universities, Forest Departments and Institutes are attending the workshop.

Technical Textiles products used in the agriculture are known as Agrotech and those used for environmental protection are called Oekotech. The technical textiles are used in agriculture to fabricate shade-nets, crop-covers, mulch-nets, anti-hail nets, bird protection nets, fishing nets and greenhouse covers. The use of these items is very limited in the context of Indian agriculture. The major applications of Oekotech are for landfill waste management. It includes products used to prevent leakage of municipal or hazardous waste in landfills and suitable use of waste. The consumption of these technical textiles products remains limited despite their perceived benefits. With rapid urbanisation, the waste management has because major issue in India and Oekotech applications provide an effective way of managing the waste in an environment friendly manner.

The objective of the workshop is to sensitize stakeholders about myriad applications of technical textiles in agriculture and environmental engineering and to create awareness amongst the stakeholders about the benefits of these items. The Workshop will also focus on various rules/legislations that need to be amended to facilitate the use of these textiles in various applications.

Shri Vijay Sharma, Secretary, Ministry of Environment & Forests, Smt. Rita Menon, Secretary, Ministry of Textiles, Dr. U.K. Gangopadhyay, Director, Synthetic Art Silk Mills Research Association (SASMIRA), Shri Kamlesh Bhatia, Member, FICCI Taskforce on Technical Textiles and Shri Ranjit Dash, Member, FICCI Taskforce on Technical Textiles will address the Workshop.

News From:  www.pib.nic.in

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INDIAN AGROTECH TEXTILES MARKET TO BE AROUND RS. 1,300 CRORE BY 2012-13

The applications of technical textiles in agriculture will help to bring in the second Green Revolution in Indian Agriculture, said Smt. Rita Menon, while addressing the workshop on Agrotech and Oekotech Textiles, here today.

Agriculture is the main stay of Indian economy and 70% of the population is dependent on Agriculture for their livelihood, and it is the bounden duty of the Government to ensure foods security for its citizens, said Secretary (Textiles).There is little scope for increase in land for agriculture activities, with conflicting demand for industry and allied activities, and there is an immediate need to increase yield and stem the post harvesting losses, said Secretary (Textiles). Agrotech will play an important role and we hope to double the fruit and vegetable production to 340 million ton in next five years from 170 million ton at present with the judicious use of Agrotech, similarly, post harvest foodgrain wastage can be reduced from 7% to 4% by applications of Agro Textiles, said Secretary (Textiles).

Secretary (Textiles) said that the Agrotech textiles have a huge potential, and its market size is expected to increase from Rs.553 crore in 2007-08 to over Rs. 1,300 crore by 2012-13. There is an urgent need to develop standards, procedures and manufacturing capacities of international standards, if India is to compete globally and ensures food security and income security to farmers, emphasized Secretary (Textiles).

Secretary (Textiles) said that the Government have set up a Centres of Excellence (CoE) for Agrotech group of technical textiles at Mumbai to provide one-stop facilities for testing, human resource development and research and development. Already Government has removed fiscal anamolies affecting the development of technical textiles and we are providing 10% capital subsidy under Technology Upgradation Fund Schemes (TUFS) for machinery used for manufacture of technical textiles, said Secretary (Textiles).

The environmental sustainability and waste management has become the prime focus of policy maker, said Shri Vijai Sharma, Secretary, Ministry of Environment & Forest. Daily 150 million tons of waste is generated in our country and we are recycling only 10% to 20% of it, compared to 60% to 70% in developed countries, said Secretary (MoEF)). We have to increase consciousness of the community about the need for sustainable development and waste recycling and there is an urgent need to set standards, higher level of definitiveness and creates synergy between Industry and Government to increase the use of Oekotech group of technical textiles. We should immediately institutionalize the consultative process and set up an Inter-Ministerial Group on these issues with participations various stakeholders. If this initiative has to succeed there is a need to develop of public private partnership modle and develop entrepreneurship to sustain the momentum, said Secretary (MoEF).

Technical Textiles products used in the agriculture are known as Agrotech and those used for environmental protection are called Oekotech. The technical textiles are used in agriculture to fabricate shade-nets, crop-covers, mulch-nets, anti-hail nets, bird protection nets, fishing nets and greenhouse covers. The use of these items is very limited in the context of Indian agriculture. The major applications of Oekotech are for landfill waste management. It includes products used to prevent leakage of municipal or hazardous waste in landfills and suitable use of waste. The consumption of these technical textiles products remains limited despite their perceived benefits. With rapid urbanisation, the waste management has because major issue in India and Oekotech applications provide an effective way of managing the waste in an environment friendly manner.

The workshop sensitized the stakeholders about myriad applications of technical textiles in agriculture and environmental engineering and to create awareness amongst the stakeholders about the benefits of these items. The Workshop also focused on various rules/legislations that need to be amended to facilitate the use of these textiles in various applications.

News from: www.pib.nic.in

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IAM announces India’s first Fashion Innovation Lab in association with Tukatech Inc., U.S.A.

The Apparel Export Promotion Council (AEPC) today said the Foreign Trade Policy for 2009-14 has measures which are much short of those required to boost exports in the current global economic scenario.
Duty-free scrips, which are currently worth two per cent of export values for the United States and the European Union, should have been increased to five per cent. Nor has the scheme been extended beyond September, said AEPC chairman Rakesh Vaid.
“This will cripple our export performance as over 70 per cent of Indian exports are to the European Union and the United States,” he said.
Also, the zero duty under Export Promotion Capital Goods Scheme for textile and apparel will not benefit small and medium exporters as it excludes current beneficiaries under the Technological Upgradation Fund Scheme and beneficiaries of the Status Holder Incentive Scheme in that particular year.
The addition of 26 new markets under Focus Market Scheme as announced in the policy may yield marginal results in the short run, said Mr Vaid.
The policy also increased cash assistance available under Focus Market Scheme from 2.5 to three per cent. At the same time, incentives available under the Focus Product Scheme have been raised from 1.25 to two per cent.
The Market Linked Focus Product Scheme has been expanded for synthetic textile fabrics, textile made-ups, knitted and crocheted fabrics if exports are made to 13 identified markets – Algeria, Egypt, Kenya, Nigeria, South Africa, Tanzania, Brazil, Mexico, Ukraine, Vietnam, Cambodia, Australia and New Zealand.
“These measures do not compensate for a comprehensive and competitiveness enhancement strategy in the form of a stimulus package as Indian goods are over 20 per cent costlier than those supplied by some competing countries like China, Bangladesh, Vietnam and Camabodia,” said the AEPC chairman. The higher cost is due to higher credit rates, wages for labour and
transaction costs.
Full News at: www.aepcindia.in

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BDS Jeans stores opened in towns

Will the brand speciality stores be opened in downtown area to establish a garment brand? Li Daobin, general manager of Pinghu Yonglian Clothing Rinse Co., ltd., has just done the opposite. The company decided not long ago to open one franchised store at every town of Pinghu city within a year after establishing a BDS jeans store in towns of Huanggu and Quantang respectively. The monthly sales amount of each store can reach RMB 80,000 to 90,000 only after operation of two or three months, far exceeding expectation.
News From: www.cnga.org.cn

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Textile standard and quality seminar to be held in Keqiao in September

According to the source of related departments, the seminar on national textile standard and quality to be held in Keqiao from September 28 to 29, is jointly hosted by China Textile Information Centre (CTIC), Testing Centre of China National Textile and Apparel Council (CNTAC), and Standards and Testing Committee of China Textile Engineering Society (CTES), and attended by the relevant people in charge of quality standards of textile and garment enterprises nationwide, the heads of textile testing institutes, and experts from Standardization Administration of China (SAC) and AATCC American Association of Textile Chemists and Colorists), ASTM (American Society of Testing Materials ), ISO (International Organization for Standardization).

Chinese national standards & testing technology, and laws & regulations, the group discussions on special topics will also be conducted at the seminar, where the attendees can exchange their ideas and consult experts face to face on the issues of textile testing, besides the latest topics on the international textile standards.
News from: www.cnga.org.cn

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China National Garment Association being awarded as 4A industry association

On June 23, in the Great Hall of the People, China National Garment Association was assessed by the Ministry of Civil Affairs as 4A industry association. Jiang Hengjie, Executive Vice President of CNGA, said that it is the joint efforts of government departments, all members under CNGA and CNGA itself to make this happen. He believes that we have to take this opportunity to hold the reform and innovation spirit and strengthen infrastructure construction and deepen the internal reform and governance, and to play a greater role in the development of China's garment industry.
News From: www.cnga.org.cn

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China International Clothing & Accessories Fair

Originated in 1993, China International Clothing & Accessories Fair (CHIC) is held annually in Beijing. Over the past decade, CHIC has been growing with the development of Chinese garment industry. CHIC is distinguished by an exhibition area of 110,000 square meters, nearly 1000 exhibitors from over 30 countries and regions, and more than 100,000 professional visitors. CHIC is not only the biggest clothing trade fair in Asia, but also widely recognized as a world famous industry exhibition. It has become the best platform of market expansion, brand promotion, business negotiation and international exchanges for clothing companies, as well as a valuable apparel exhibition brand.

News From: www.cnga.org.cn

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