Brazil, which is the largest country in South America and the world’s fifth largest country in geographical area and population is the sixth largest textile producer in the world. The textile industry is analyzed as $51 billion in 2010. In addition the textile industry employs 1.65 million employees and also represents 17.5% of the country’s … Read More
South Africa which is the largest retail market in Africa and 20th in the world is gaining momentum in its retail industry. In 2009 the retail market was in total of $82.7 billion but is expected to grow 5% continuously between 2010 and 2014 periods. In 2014 it is forecasted as $118.7 billion which is … Read More
According to a recently done research consumers focused on their needs rather than their wants. It is also found out that they pay more attention to on sale items rather than full priced products. One third of the respondents are confident about the strong economy. Almost half of the respondents said they would like to … Read More
The unexpected increase in the silk yarn prices has decreased the purchasing power of weavers. Some of the looms have been closing down, leaving contract weavers and jobless employees behind. In the State of Assam which is the northern state of India, master weavers are agreed that under these conditions it’s hard to maintain and … Read More
Tanzania which is the fifth cotton producer in Africa, is going to produce genetically-modified cotton or BT cotton. Government and private sector will work co-operatively on credit extensions. In Tanzania this season the total production is estimated 90.000 tons, by 2014-15 with the help of BT cotton, the total production will be 260.00 tons which … Read More
According to the report of U.S. Department of Agriculture, the US cotton crop production will be 0.2 percent bigger than last months estimate. According to the report the overall production will be 18.87 million bales (1 Bale is around 480 pounds or 218 kilograms), up from the 18.84 million bales estimated in September. When compared … Read More
In China, due to the bad weather, harvest of cotton is delayed, therefore there is a big increase in demand for cotton from textile mills. According to Department of Agriculture, US export increased 54% in upland cotton. China is the biggest buyer with 42%, the most of any country. Fiber prices increased around 61% in … Read More
A very well known UK based textile chain will be using two million recycled bottles to create three hundred million clothing care labels. A very well known men’s apparel company has launched its new collection of men’s trousers made of Repreve recycled fiber. Repreve is a yarn made of recycled materials such as plastic bottles … Read More
First time since 1995 the price of one pound cotton passed 1 dollar. The demand from textile producers outpaced the supply, the global inventories are declining. China which is the leading producer and receiver in the world, may increase its imports due to a 13 percent decline in the cotton production. According to the chairman … Read More
India which is the second largest exporter in cotton and cotton products such as towels, bathrobes and bath linens is getting a pressure from textile producers. They claim that the increase in demand for cotton already passed the supply and they are afraid of not having enough raw materials for themselves. Therefore, they put pressure … Read More
