Textiles, Lifestyle Division of Arvind Limited, part of the US$
1.7 billion textile to technology conglomerate, launches a wide
range of modal, viscose, cotton Lycra blended fabrics. These
include fabrics like Zoya, Glam and Glory, Blossom, Charm-me and
Lilac which can be tailor-made into western and ethnic
womenswear such as dresses, blouses and tunics.
has overtaken the United States and become the largest export
market for Bangladesh’s readymade garments. Due to strong
economic activities in Europe, especially in Germany, and
preferential treatment received by Bangladeshi exporters.
Germany being Europe’s largest economy has become the largest
market for Bangladeshi garment products.
cost of locally made apparel in Bangladesh has increased but the
export price has decreased, which is the biggest challenge of
the local industry. Bangladesh’s competitors are getting special
treatment in the USA and the EU through their bilateral and
other regional trade agreements.
to data from the U.S. Office of Textiles and Apparel (OTEXA),
overall U.S. imports of textiles and apparel increased by 7.3%
in July to 6.24 billion square meter equivalents (SME) compared
to the previous fiscal period.
cotton industry has celebrated its industry achievers with the
presentation of the 2018 Australian Cotton Industry Awards with
more than 1000 cotton growers and industry representatives
recently gathered at the Gold Coast event, held as a part of
Cotton Australia’s biennial conference.
US President Donald Trump is going to impose 10% tariffs on US$
200 billion worth of Chinese imports, beginning from September
24 and those duties will rise to 25% on January 1, 2019. The
Trump administration confirmed this information on September 17.
is one of the key producers of cotton yarn in the world.
Approximately 85% of domestic consumption is met through
domestic output. The production of cotton yarn in Turkey dropped
to 1,127 thousand tonnes in 2016, which was 5% less than the
year before. After the period of decline seen from 2008-2009,
the production volume demonstrated a positive dynamic, however,
it dropped again from 2015-2016. In terms of value, it stood at
3,312 million US$ or 2% more than the previous year.