PR Resource – Muarateweh.net

Tweet.me officially launched this week to sell Twitter related apparel. Over the next few months Tweet.me will expand its apparel inventory related to Twitter culture and allow users to customize their unique Twitter related shirts.

press release
Wichita, KS (PRWEB) — Twitter is the hottest brand in social networking, and online retailer Tweet.me launched officially this week to sell Twitter related apparel. Gary Butler, owner of Tweet.me, believes this has the potential to be this year’s hot holiday item. The site will officially launch this week and will initially carry t-shirts only. Over the next few months Tweet.me will release additional apparel items and expand it’s inventory of shirts related to Twitter culture.
(continue reading…)

HANOI, Aug 4 Asia Pulse – On the apparel retail front, Vietnam is on top of the list of the most lucrative retail destinations, the place India was five years ago, India’s Economic Times has reported.

Ready to take off, Vietnam could challenge India’s dominant position, the newspaper said, adding that Vietnam burst on to the textile scene about five years ago with low wages and a strong consumer market receptive to global brands.

On export front, cost competitiveness has given Vietnam an advantage over India, it said, citing Secretary General of Confederation of Indian Textile Industry D K Nair as saying that textile manufacturers are shifting base to the Southeast Asian country due to lower production costs.
(continue reading…)

July, 2008 (Business Standard) — The Indian apparel export industry, which is going through a tough phase, has urged the India’s Finance Ministry not to reduce the proposed Duty Drawback from 11 per cent to around 7 per cent. Duty drawback is paid to exporters to reimburse the taxes paid on goods during the course of production. India currently exports Rs 30,000 crore of apparel and this is expected to fall short by 10 per cent during the current year.

The Apparel Export Promotion Council (AEPC) in a statement today said: “We understand that the Duty Drawback rates for apparel are being finalised and the indications are there that the Finance Ministry is contemplating to reduce the drawback by 3 to 4 per cent. This will have a disastrous effect when already employment numbers are declining. This will add to the severe unemployment in the apparel sector.” (continue reading…)

Welcome to the Mahindra World City Jaipur. Even as several SEZs are struggling to get off the ground, the Mahindras have managed to kick off their second SEZ at Jaipur, after their first one in Chennai.

â€�“None of the big SEZ projects has taken off while we have made good progress on two of them. The Jaipur project will be operational this month,’’ said Arun Nanda, vice-chairman, Mahindra Lifespaces.

Most other projects have not been able to cross the first hurdle of land acquisition. “The Mahindras believed in SEZs before they came into place in India. Others are sitting on approvals and now thinking about what to do with them,’’ said Tapan Singhal, senior manager, PricewaterhouseCoopers. (continue reading…)

(Muara Teweh via Fibre2Fashion) Pakistan Apparel Forum (PAF) has urged the Government to discontinue export of cotton as soon as possible, if they want to save the crumbling apparel industry of the country.

The demand of cotton from domestic enterprises is much more than the total cotton produced in Pakistan and on top of it if the authorities allowed export of cotton, there is bound to be shortage, resulting in increased prices of cotton, the brunt of which ultimately will have to be borne by the garment producers.

In 2007- 08 the total production of cotton in Pakistan was around 12.6 million bales, whereas annual requirement was nearly 15.5 million bales. As a result, the country has to import lint worth Rs 50 billion yearly to meet the shortfall of approximately 3 million bales. (continue reading…)

Following the verdict of Union Government to scrap 14 percent duty on import of cotton, prices of the raw material in the domestic market are showing all the likelihood of a climb down. Evidently, the real motive behind this step taken was to ensure that the garment and textile industry which was until now reeling under the pressure of high prices, is benefited.

In an exclusive interview with Fibre2fashion, Mr Rahul Mehta, President of Clothing Manufacturers Association of India and Vice President of Asian Apparel Federation opined, “I think this is a very positive step taken in the right direction. Exports from India are primarily cotton-centric, and in the last few months, apart from inflation in general the sky-rocketing prices of cotton was killing the industry. This measure announced by the government will go a long way in calming down the prevailing havoc, and will certainly make our garments more competitive in the global market.â���
(continue reading…)

Bellegprom Concern, a conglomerate association of over 110 enterprises in light industry told the media that it is preparing to house foreign production facilities in Belarus.

Engaged in producing cotton, silk, wool, flax, synthetic fabrics, cotton yarns, wool yarns, carpets, sewing and knitted products, hosiery, footwear, sportswear, leather goods, products made of natural and imitation fur; the association believes attracting foreign investments is a lucrative proposition.

The head of the association told the press that they were interested in setting up production of fast fashion clothing in Belarus especially since a number of European countries have expressed their desire to make investments in Asia and countries like Belarus, Russia and Ukraine.

Despite the fact that labor force in Belarus is more expensive than in Asian countries, there is no dearth of investors. This is because the requirements of stability, quality and reliability (continue reading…)