1,023 articles in Markets · Clear
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Pakistan's garment exports soar in July-Dec'12
Posting a year-on-year rise of 13.29 percent, Pakistan exported 13.483 million dozen of readymade garments valuing US$ 897.86 million during the first half of the current fiscal that started on July 1...
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Egypt Agreed To Export 501.5 Metric Tons Of Cotton
Egypt agreed to export 501.5 metric tons of cotton in the week through June 7, the Alexandria Cotton Exporters Association said today in its weekly bulletin.
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NPD Group: Apparel market up 4% in 2011.
The US apparel market staged a marked recovery in 2011, rising by 4% to $199 billion, according to market research company NPD Group
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H&M’s new luxury chain to be called “& Other Stories”.
H&M Hennes & Mauritz confirmed to today that its new chain will be called “& Other Stories.”
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UK: Jack Spade opens London store.
Jack Spade has opened its first European store in London’s Soho neighborhood. The 1,000 sq. ft. store stocks the brand’s full collection of bags, wallets, apparel and accessories
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Global cotton trade to rise 9% in 2011/12.
International Cotton Advisory Committee (ICAC) reported that global cotton trade and prices are affected to a large extent by government policies in China and to a lesser extent by policies in India.
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Nike sees third-quarter net profit rise 7%.
Nike recorded a 7% increase in net income as the company registered “continued strong demand” for its products.
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Sweden: H&M first-quarter net profit increased 4.6% to 411.2 USD million.
H&M Hennes & Mauritz has recorded first-quarter profit growth, but admitted that gross margins were hit by higher costs and increased markdowns.
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Turkey Textile Orders Pick Up on Weaker Lira
Turkish textile producers’ order- intake has risen by 20 percent as a weaker lira makes prices more attractive and the crisis in Europe makes brands wary of ordering large quantities of goods from Asi...
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Indonesia reduces textile export target for 2012.
Indonesia has downwardly revised its current year target for its textiles and garment exports to US$ 13 billion from the earlier US$ 13.7 billion, following its failure to achieve the last year’s targ...
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US: Retailers' January 2012 sales roundup.
The following is a general roundup of US apparel and shoe retailers' January 2012 sales results.
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Spain: Spanish apparel sector shifting base nearer home.
Spanish apparel firms have relocated about 15 percent of their manufacturing activity from China to Spain and other countries in the region, including Portugal, Morocco and some East European nations.
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China Captures 40% Increase of World Ending Stocks.
While many countries seek to reduce stocks due to sluggish demand and price fluctuations, China is seeking to increase their reserves to prepare for an increase in domestic demand.
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Economic slowdown could weigh on cotton prices.
The International Cotton Advisory Committee (ICAC) has cut global demand estimates for the fiber, signaling that slower global economic growth and ample supplies could place downward pressure on price...
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India Slashes Cotton Production.
India, the world’s second largest cotton grower, will grow a smaller crop than expected as diseases have hurt yields in Maharashta and Andhra Pradesh, according to a Bloomberg report this week quoting...
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H&M profits hit by rising costs.
H&M’s full-year profits were impacted as the company maintained its prices despite rising costs.
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UK: Burberry records an increase in the Q3 sales by 21%.
Luxury fashion brand Burberry today attributed a rise in third-quarter sales to strong growth in key markets like the UK, France and China.
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Tunisia: Clothing Exports fell down in 2011.
Textile and clothing sector exchanges in 2011 fell 2% in value for exports and 1.68% for imports compared to December 2010.
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Egypt's Alcotexa sells 5,202 Tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 5,202 tonnes of cotton in the week that ended on January 14.
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UK: New Look boosts a 3.6 increase in Christmas sales.
Budget fashion retailer New Look has reported a 3.6% increase in UK like-for-like sales in the five weeks to end December.However, like-for-like sales fell 3.7% across the 40 weeks to 31 December comp...