Indian textile ministry has planned to improve the skills of 2.56 lakh workers at a cost of Rs.272 crore in the balance two years of the current XI Plan (2010-11 and 2011-12), to meet the target of skill upgradation for a total of 30 lakh workers by 2015 and the target of training for 100 lakh textile workers by 2022
Thursday, August 5, 2010
Monday, March 9, 2009
Wednesday, February 18, 2009
"Buy American" policy of America
Pakistan's Nishat Mills Profits
Nishat Mills Ltd (NML), Pakistan's largest composite mill increased its first-half (2008-2009) net profit by 128% to PKR1197m (US$15m), compared to the same period last year. The company's sales rose by PKR4.2bn to PKR12bn, while the cost of sales was upby PKR2bn to PKR9bn during the period under review.
Its profit after tax in the year ended June 2008 jumped by 267% to PKR6.13bn (US$87m), compared to PKR1.67bn a year earlier.
Source: just-style
Friday, February 6, 2009
China's new strategies for textile and apparel survival
How China may be loosing its competitive edge in textile and apparel?
Monday, February 2, 2009
Government of Pakistan grants textile finance package
The government of Pakistan has announced relief package for the country's textile exporters worth PKR11.8bn (USD150m). The package is designed to offset the impact of interest rate hikes and improve liquidity in the industry. Under the package, export oriented textile units have been given relief in repayment of their outstanding long-term loans for one year as of 31 December 2008.
Source: just-style.com
Thursday, January 22, 2009
Unifi Introduces Repreve® 100-Percent Recycled Polyester
New Oeko-Tex® Criteria Come into Force
Monday, January 19, 2009
Lingerie Market
• Size of the American Market is US$11.03bn
• Size of the Western European Market is US$11.56bn
• US and EU together account for 68.4% of the total market
• Asia represents 19.6% of the market
• Western market is slowing down
• Russia, China and India are among the emerging markets
• Global lingerie market has grown in recent years at the rate of 3% per annum
• Asian lingerie market has grown in recent years at the rate of 8% per annum
• Main competitors in the global intimate apparel industry include Aerie by American Eagle, Cupid Foundations, Fruit of the Loom, Hanesbrands, Jockey International, The Lane Bryant division of Charming Shoppes, The Soma division of Chico’s, Spanx, Triumph International, The Victoria’s Secret division of Limited Brands, Wacoal Corp and The Warnaco Group
• Italian brands - Idea, Stella, and La Perla;
• French brands - Lady De Paris, Christian Lacroix;
• German brand - Nina Von, Felina;
• Spanish brands - Othaik, Princesa;
• American brands -Playtex, Wonderbra
Bangladeshi Textile & Clothing Industry
Saturday, January 17, 2009
Indian Textile Industry - Key Facts
-Employed 35 million workers last year
-Contributed 4% of India's gross domestic product
-Accounted for 13.5% of Indian exports, bringing in $17.6 billion.
Source: http://online.wsj.com/article/SB122990332938125097.html
Wednesday, January 14, 2009
Technical Textiles
http://docs.google.com/Presentation?docid=dghpg2vr_2gxpsknf3&hl=en
Saturday, December 13, 2008
More Secrets of ZARA's success
Inditex's secret? Cheap fashion clothes; the company maintains an iron grip on every link in its supply chain which enables it to move designs from sketch pad to store rack in as little as two weeks.
Inditex has spent more than three decades perfecting its strategy. Along the way it has broken almost every rule in retailing. At most clothing companies, the supply chain starts with designers, who plan collections as much as a year in advance. At Inditex, Zara store managers monitor what's selling daily—and with up to 70% of their salaries coming from commission, there's a lot of incentive to get it right. They track everything from current sales trends to merchandise customers want but can't find in stores, then shoot orders to Inditex's 300 designers, who fashion what's needed instantly.
Typically, apparel chains outsource the bulk of production to low-cost countries in Asia. Inditex produces half of its merchandise in factories in Spain, Portugal, and Morocco, keeping the manufacturing of the most fashionable items in-house while buying basics such as T-shirts from shops in Eastern Europe, Africa, and Asia. Wages are higher at Inditex—its factory workers in Spain make an average of $1,650 a month, vs. $206 in China's Guandong Province. But the company saves time and money on shipping. Also, Inditex's plants use just-in-time systems developed in cooperation with logistics experts from Toyota Motor (TM), which gives the company a level of control that would be impossible if it were entirely dependent on outsiders.
In addition, Inditex supplies every market from warehouses in Spain. Even so, it manages to get new merchandise to European stores within 24 hours, and, by flying goods via commercial airliners, to stores in the Americas and Asia in 48 hours or less.
Air shipments cost more than transporting bulk packages on ocean freighters. But Inditex can afford them. The company produces smaller batches of clothing, adding an air of exclusivity that encourages customers to shop often. As a result, the chain doesn't have to slash prices by 50%, as rivals often do, to move mass quantities of out-of-season stock. Since the chain is more attuned to the most current looks, it also can get away with charging more than, say, Gap. "If you produce what the street is already wearing, you minimize fashion risk," notes José Luis Nueno, a marketing professor at IESE Business School in Barcelona.
For rivals hoping to mimic Inditex's results, analyst Luca Solca of Sanford C. Bernstein has a bit of advice: Don't follow the Zara pattern halfheartedly. "The Inditex way is an all-or-nothing proposition that has to be fully embraced to yield results."
Source: http://www.businessweek.com/magazine/content/08_42/b4104066866245.htm