Worldwide Import-Export Information & Resources

India: The textile ministry has reconstituted the National Institute of Fashion Technology’s board of governors as the tenure of previous board expired on March 31. Textile minister Dayanidhi Maran has included prominent textile industrialists and professionals including AEPC chairman Premal Udani and president of the Tirupur Exporters Association A. Sakthivel in the newly-constituted board.
Mr Venu [...]

India: Trade event Sourcing at Magic will showcase more than 700 apparel and footwear manufacturers this year as it finds its feet as the major fashion sourcing event in North America.
It represents a 30% increase in size compared to the show in August 2009. The sourcing show starts on August 16, one day before the [...]

India: US women’s wear retailer Liz Claiborne is to exit its 87 loss-making outlet stores in the US and Puerto Rico early next year.The company said its other outlet stores, including Juicy Couture, Lucky Brand, Kate Spade and Kensie were not impacted.
Liz Claiborne’s CEO William McComb said the current fleet of company stores was originally [...]

Mr. Sajen Peter, Chairman, Rubber Board will inaugurate the three day international workshop at Rubber Research Institute of India (RRII), Kottayam on ‘Climate Change and Natural Rubber Cultivation: Research and Development Priorities’, jointly organised by Rubber Research Institute of India and International Rubber Research and Development Board (IRRDB). The IRRDB is an international organization for [...]

Liverpool: Taking the form of a workshop and an open forum session, the event was organised by KASIAD – Kahramanmaras Business Trade Community and hosted by the International Cotton Association (ICA).
Designed to engage and hear the views of the local cotton community and help generate a greater understanding of the principles of contract sanctity, [...]

China: According to reports in the Japanese local media, the Japanese apparel giant Renown has announced plans to establish a joint venture with the Shandong-based textile company Ruyi Group in Beijing.
Ruyi Group will invest JPY4 billion in the new JV and owns a 40% stake in the company; while over 50% will be invested by [...]

China: Shenhua International Limited (SHU), one of the leading home textile manufacturers in China, announced that, based on unaudited results, it expects to report a net profit of $13.5 million for FY2010. This will represent an increase of 15 per cent compared to FY2009 (FY2009: $11.75 million).
Sales for FY2010 were $121.0 million, an increase of [...]

China: Birla group textile arm, Century Textiles & Industries Ltd (BOM:500040) witnessed a slump in the net profits for the first quarter of the current fiscal. The company stocks took a beating after the announcement by the company during trading hours.
Century Textiles’ first quarter results turned out to be discouraging as the net profits for [...]

China: Xinjiang Production and Construction Corps held a grand ceremony for the kick-off of its 50,000 spindles compact spinning program in Alar No.1 Industry Zone in Alar, Xinjiang on July 18th. The program covered an area of 100 mu and was divided into two phases. In phase one, the 20,000 spindles fucus on 60-80 counts [...]

China: American Vanguard Corporation announced that it has acquired the cotton defoliant product Tribufos (sold under the trade name Def) from Bayer CropScience. The acquisition of Def complements Amvac’s existing cotton defoliant product Folex, which it has marketed since 2002.
Def and Folex are fast and effective cotton defoliants that facilitate the removal of leaves surrounding [...]