Global Textile News Summaries

ZIMBABWE: US$ One Million NID Project for Craftswomen of Africa
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
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
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
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
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%
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
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
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
Latest Season Wraps with a Flourish of Style & Luxury “The remarkable journey continues.

USA: Sussex Fashion Awards celebrate 2012 with 12 Awards
The Spirit of The London Olympic Games 2012 is reflected with a sports inspired award and children’s award reflecting The Legacy.

UK: Collectif Clothing celebrates the launch of their new store
On December 10th 2011 at 4 p.m Collectif Clothing celebrates the launch of their new store in the heart of the historic East End - Old Spitalfields Market, with a Grand Opening event. Featuring Burlesque,Sailor Jerry, Vintage Makeovers and Music!

USA: Phosphor TM launches the new Appear Bracelet watch
American watch brand Phosphor announces today the launch of the new Appear Bracelet watch. This newest mechanical digital watch utilizes Phosphor’s proprietary Micro-Magnetic Mechanical DigitalTM (M3D) technology.

USA: 28° Skin Care announces their new line of skin care products
28° Skin Care is one of the first in it's industry to offer consumers a different approach to natural and organic skin, hair & body care. The company calls it "Rainforest Therapy."

UK: St Ives quilting fabric collection at Quilt Market 2011
A successful launch for Sarah Fielke's second modern quilting fabric collection, St Ives for Lecien USA at Quilt Market 2011. There has been a huge positive response from local shops and great buzz on social media.

UK: Gifts By Madison announces its new fall line
Gifts By Madison is pleased to announce its new fall line featuring fashionable and affordable quality handbags with a boutique-style online shopping experience.

USA: Designs of Azi Blas were showcased at a show Virginia Fashion Week
Of all the accomplished designers at Virginia Fashion Week, Michael Taylor would have the most allowance for being haughty.

INDIA: Fashion and you launches a Fashion and you Juniors on Children's Day
Fashionandyou.com takes the drool-worthy world of indulgence to another level with the introduction of "Fashionandyou Juniors".

USA: Top Designer Fashion Jewelry Launches in South Florida with Trunk Show
ChristineDarren, top jewelry designer for fashion jewelry will be launching its new products and collections in South Florida.

USA: Bailey Banks & Biddle Announces Opening of New Store
Bailey Banks & Biddle, the iconic fine jewelry store, is pleased to announce the opening of their 7th retail store location on the second level of the Stoneridge Mall in Pleasanton, California, the East Bay area’s premier shopping center.

USA: New Jewelry Line Ready to Launch its Fall 2011 Collection
Introducing Leuer a new fashion brand that is ready to introduce its new fall 2011 jewelry collection.

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