Global Textile news
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INDIA: 11 New Faces for Lakme Fashion Week Summer/Resort 2012
[Jan 31, 2012] LFW is known to mentor new talent and introducing some of the most promising faces in the industry. This season the models were assessed based on their confidence, poise and their ability to bring to life a designer’s creation on the ramp while maintaining excellent standards in the quality of models selected.
ZIMBABWE: US$ One Million NID Project for Craftswomen of Africa
[Jan 11, 2012] The project will be launched in Zimbabwe in February 2012 with the team from NID visiting Zimbabwe for identification of 25 craftswomen, who would be later trained in India, in collaboration with New Basket Workshop Foundation, an African NGO.
HONG KONG: Major fashion events to promote exciting new design concepts
[Jan 11, 2012] Hong Kong is an incubator for fashion talent, nurturing designers such as Vivienne Tam and Barney Cheng go on to success in the international fashion arena. This year, Hong Kong Fashion Week for Fall/Winter and World Boutique, Hong Kong will introduce local designers such as Cecilia Yau, Hin Lee and Bendy Wong to international buyers.
INDIA: Single Brand Retail - 100 Per Cent FDI Notified
[Jan 11, 2012] Department of Industrial Policy and Promotion Ministry of Commerce and Industry notified the decision to allow 100 per cent FDI in Single brand retail.
INDIA: Moody's upgrades Sovereign Credit Ratings for 4th time
[Jan 11, 2012] On 20th December, 2011, Moody's Investor Services released a credit rating update for India. It upgraded the rating on long-term government bonds denominated in domestic currency from Bal to Baa3 (from speculative to investment grade).
INDIA: India Post & Air India to make logistics easy
[Jan 11, 2012] India Post today signed an MOU with Air India for carriage of "Logistics Post Air" Service by Air India. This service will help the customers to send their consignments to different parts of the country, especially to the North-Eastern region without difficulty.
INDIA: Sensitive items' imports increase 41%
[Jan 11, 2012] Total import of sensitive items for the period April-October 2011 has been Rs.57399 crores as compared to Rs.40486 crores during the corresponding period of last year thereby showing an increase of 4.18%.
INDIA: EKMATRA - Khadi luxury wear for the urban class
[Jan 11, 2012] Under the Ekmatra brand the Sarvoday Ashram Trust sells premium lifestyle fashion for men and women. The brand targets the urban customers.
SAUDI ARABIA: Trade with India touches US $25,612.46 Million in 2010-11
[Jan 11, 2012] Shri Sharma during the meeting observed that the focus is now to be shifted to investment and joint ventures for enhancing our trade as well as services. Minister also emphasised strategies to be developed for increasing volume of trade in traditional items and diversify the trade basket.
USA: Powerful collections in New York during Couture Fashion Week 2012
[Dec 07, 2011] Latest Season Wraps with a Flourish of Style & Luxury “The remarkable journey continues.
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