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Weekly News Update,
Volume X, Issue 24
March 20, 2008
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H2F : Home Fashion Future
Eco-friendly and Differential Products Interest Buyers at TexStyles India ‘08
The latest edition of TexStyles India that was held concurrently with Intex, Carpet Expo and Houseware and Gifts Show for the first time concluded recently on a slow note. Kamal Nath, Minister for Commerce and Industry and Shankar Singh Vaghela, Union Minister of Textiles jointly inaugurated the four-day mega event and encouraged the industry not to lose faith in the government. “After agriculture, Textile is the biggest employment provider and will definitely get its share of much awaited attention and support in the coming days,” said Kamal Nath in his opening speech to motivate players who are not happy with budget announcements. Read details...
Bulet
WorldWrap
 
Buyers Get Cautious as Costs Rise in China
The dragon is finally set to be tamed as buyers around the world reassess sourcing amidst indications of rising costs in China and potential punitive action by the US. What may seem like a booming ` is languishing. Scratch the surface and there is a weak China, one that is in long-term decline and even on the verge of collapse,” says Gordan Chang, economic analyst and author of ‘The Coming Collapse of China’. Rapid economic growth in China has sparked inflation in several sectors, driving up prices for energy, raw materials, transportation and labor. These factors which are sure to impact the competitiveness of China are forcing companies to review the risks associated with sourcing billions of dollars in apparel from the manufacturing powerhouse. Read details...
Bulet
NewsRoundup
a Hennes & Mauritz appoints new head of design department Read...
a  Isaac Mizrahi moves to Claiborne.
Read...
a   Adam Lippes to do Collection for Mango. Read...
a Kamali to Design Line for Wal-Mart.
Read...
a  Claiborne Closing Mexx Retail in the UK.
Read...
a JCPenney to Open 10 New Stores.
Read...
a PPR Group to step up CSR initiatives.
Read...   
Bulet
Eyes & Ears
Ahlens on a Fast Growth Track, Sees 20% Growth in 2007
Despite all the unfavourable conditions prevailing in the apparel industry Ahlens Far East Ltd has witnessed 20% growth for the last financial year. The good performance of the company is attributed to good response for its product range that includes apparels, hard goods, accessories and home textiles. “No doubt there was a slow phase due to weakening of dollar, but we have managed to overcome it with co-operation of both the suppliers and the buyers,” said Richard James, Country Manager, Ahlens. Read details...
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CSR INITIATIVES
 
Sanjay Shrenik Lalbhai : Responsible beyond business
Among the first few things that are striking about Sanjay Shrenik Lalbhai, Chairman and Managing Director of the Ahmedabad-based textile major, Arvind Mills, is his remarkable candour. The 54-year old chief of the Rs 1845 cr company comes across as a man of profound convictions, rare courage and a clear long-term vision for business. As he warmly welcomes Apparel Online’s team in his office at the Arvind Mills headquarters on Naroda Road on the eastern bank of this industrial city, sometimes called the ‘Manchester of the East’, it is evident that this is a corporate chieftain with his sights set firmly on the horizon. Read details...
Arvind’s CSR Ventures Participating in the City’s Development
When we land at the Ahmedabad airport, there is a car waiting for us from Arvind Mills. With clockwork precision, it takes us to the Lilawati Lalbhai Bungalow in eastern Ahmedabad where we are welcomed by Dr V L Mote, the 75-year-old Trustee of the Sharda Trust, an ex IIM professor who has been instrumental in pushing forth the many initiatives of the Trust, whose main interests are in education, health and helping the urban poor get employment. Read details...
Bulet
INDIACANVAS
 
What About 3.5 mn Garment Workers? Budget has Nothing to Offer Them.
The textile sector, already in the red because of the rising rupee, had submitted a long wish list. However, the finance minister preferred to remain silent on most of the demands despite the fact that the Economic Survey had also acknowledged the hardships felt by the export community due to currency fluctuation. Read details...
First Igmatex Exhibition 2008, Indore Attracts Attention
The first ever Igmatex exhibition was held recently at Indore, the new developing garment manufacturing center, for the industry to see the latest in apparel machinery and accessory. Inaugurated by Dr. Umashashi Sharma , Mayor of Indore, the guest of honour was Shanti Priya Doshi, President Indore readymade Vastra Vyapari Sangh. Girdhar Gopal Nagar, President Cloth Merchants Association also graced the occasion. Read details...
stitchworld
Technology and Management in Sewn Product Industry
Improving Sewing Production by Methods Improvement.

Due to various pressures on the manufacturers to improve productivity, it has now become even more important to make fuller use of existing facilities and to utilise low cost improvements to make the production process more efficient. Managers need to consult with the 4 Ms of manpower, materials, machinery and methods in their quest for increased productivity. The importance of 4 Ms in a particular factory, section and individual workstations in managing an effective production unit has already been discussed by Paul in Dec 2007 edition of Stitch World.Read details...


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