European sportswear firm INTERSPORT expands to China:
INTERSPORT International Corporation (IIC) is pleased to announce that
it signed a Master Franchise Agreement for the territory of South China
(comprising of the ten provinces Fujian, Guangdong, Guangxi, Hunan,
Jiangxi, Hainan, Hubei, Anhui, Zhejiang and Guizhou with a total of 513
Manufacturers Record Sharp Decline In Production:
Manufacturing industries including textile, garment, fertiliser, paper,
steel, leather and footwear suffered a sharp decline in production in
January-February compared to the same period last year, the Ministry of
Industry and Trade has said. Textile production dropped 8.2 percent
year-on-year, sport shoes 5.4 percent and paper 4.3 percent.
Mixed results for protesters:
Two protests by garment factory workers in Phnom Penh yesterday
achieved very different outcomes.
One strike will continue today, but the other ended when company
management agreed to workers’ demands.
Almost 400 workers from the Hwa Sin Print factory, in Por Senchey
district’s Chaom Chao commune, protested in front of the factory
yesterday morning and will be there again today demanding the
reinstatement of their union representative, who was fired last month.
+ ATTACHED from BetterFactories:
Mixed results for protesters.gif
Use tariff to regulate cotton exports:
The recent cotton export policy imbroglio has once again brought to the
fore the need to evolve long-term, stable and transparent trade
policies with clear directive or guidelines for effecting any drastic
Apart from showing policymaking and implementation in poor light, the
sudden and regressive change in the cotton export policy has exposed
the indifference of policymakers, as well as lack of application of
Cotton Corporation enters market to shore up prices:
With the markets in Andhra Pradesh and Maharashtra showing signs of
declining trend and fears of cotton farmers getting poor prices once
again making a comeback, the Cotton Corporation of India (CCI) on
Wednesday launched “commercial intervention” in the seven markets
across the country to pep up domestic prices.
Indian textile sector grows 11% between 2007-12:
The Indian textiles industry has witnessed a growth of 11% during the
This was revealed by Minister of State for Textiles – Ms Panabaaka
Lakshmi in the Rajya Sabha – the Upper House of Parliament.
Indian Govt proposes extension of TUFs for five years:
The beleaguered Indian textile and clothing, weighed down by debt and a
slowdown, has some thing to cheer about.
The Government has recommended continuation of one of the most popular
schemes – Textile Up-gradation Fund Scheme (TUFs) in to the 12th
This was revealed by Ms Panabaaka Lakshmi – Minister of State for
Textiles in the Rajya Sabha. The government has allocated Rs 15,586
crores in the 12th Five-Year-Plan against Rs 15,404 crores in the 11th
Pak energy crisis puts jobs of textile workers at stake:
The ongoing energy crisis in Pakistan has put the jobs of around 15
million textile industry workers at stake.
The Ministry of Textile Industry met severe condemnations from textile
stakeholders, who are claiming that the Ministry is overlooking the
interests of the sector, which is equivalent to deviating from its key