Taiwan wool import-export results, Jan-Sept 2005(Taiwan)

Australian Wool Innovation Limited (AWI) reported that Taiwan is Australia's 4th largest customer for greasy wool even though its raw wool imports (mainly of greasy wool from Australia) fell during January-September 2005. Taiwan's wo...

Subsidies elimination will jack up cotton prices & shrink margins(Hong Kong)

The United States, the world's largest exporter of cotton, will end export subsidies on cotton in 2006. It would induce rise in prices to almost 15 percent and decline margins, aprehends a leading textile manufacturer. Fountain Set, a...

Xinjiang Uygur Region produces 30% of world colored cotton(China)

Ministry of Commerce of the People's Republic of China informed that the Northwest China's Xinjiang Uygur Autonomous Region reaped 44,000 tons of colored cotton a year, accounting for 95 percent of the national total or 30 percent of the...

OptiTex installs computer fashion workstations at SADTI(China)

OptiTex specializes in the development of innovative, easy-to-operate fashion design software useful for auto and parachute industries, educational institutions and high-tech. OptiTex has annual sales of $5 million. The Petah Tikva ba...

Asia's biggest garment R&D center in Beijing(China)

Beijing Municipal Government reported that that Beijing will erect biggest garment research and development (R&D) center in Asia. More than two hundred modern buildings with shiny signboards of the world-renown garment brands will be ...

Chinese jewellery glitters on exports(China)

Chinese jewellery exports went up 24.99 percent over last year to reach US $4.96 billion. During the January - November 2005 period, China exported metal jewellery worth US $1.826 billion, diamonds worth $1.278 billion and pearls pegg...

Sportswear Company Li-Ning signs Damon Jones(China)

Sports apparel and Shoe Company Li-Ning Sports Goods Co Ltd announced the signing of Cleveland Cavaliers basketball star Damon Jones to an endorsement contract. With the signing, Jones becomes the first American NBA player to endorse...

Retaliatory legislation for regulating trade imbalance(China)

Controls on currency exchange by China and its overall trade surplus may in all probability force Congress to pass a retaliatory legislation to corner Beijing into taking corrective measures, a US Senator said on Tuesday. Sen Baucus s...

European luxury companies win 'Silk Alley' piracy suit(China)

European luxury fashion companies Burberry, Chanel, Gucci, Prada and Louis Vuitton won the first copyright infringement case against Xiushui Haosen Clothing Market Co, the operator of Beijing¡¯s famous "Silk Alley" market, over the sale ...

Control of textile export from HK to EU to be modified wef(Hong Kong)

Ministry of Commerce of the People's Republic of China informed that the modified control arrangements for Hong Kong's (HK) textile exports to the European Union will take effect from March 15, Hong Kong's Commerce, Industry & Technology...