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USA   US suspends action on 24 import safeguard petitions The US Government has suspended action on around 24 import safeguard petitions covering 42 categories of Chinese imports of textiles and apparel but released the products that were embargoed earlier this year....more by Textile Intelligence Monday, 19th December 2005View more news from [ Washington ] [ USA ] US Congress allots a grant of US$ 13 mln to National Textile Center The U.S. Congress has announced US$13 million to support the National Textile Center (NTC) last week. The funding is for research designed to make the U.S. textile industry more competitive globally and is included in the Fiscal Year 2006 Science, State,...more by Textile Intelligence Wednesday, 30th November 2005View more news from [ Washington ] [ USA ] Carolinas Officials in favour of trade deal. Textile executives, trade groups and politicians openly welcomed the U.S.-China trade deal that is supposed to provide new avenues to textile companies to explore new markets or new products. After five rounds of negotiations and seven rounds of talks, a...more by Textile Intelligence Friday, 04th November 2005View more news from [ Carolina ] [ USA ] US to consider four new safeguards on textiles The US Government accepted two new petitions yesterday for textiles safeguards on cheese cloth and polyester filament fabric and two reapplications on textiles safeguards for combed cotton yarn and synthetic filament fabric....more by Textile Excellence Monday, 17th October 2005View more news from [ Washington ] [ USA ] USA: NCC throws support behind FTA with DR-CAFTA The National Cotton Council’s board of directors has voted to support the Dominican Republic-Central American Free Trade Agreement after Bush administration officials “satisfied their concerns” about the free trade pact....more by Textile Intelligence Tuesday, 17th May 2005View more news from [ New York ] [ USA ] USA: USITC votes against Anti Dumping Duty on PET imports from India, Indonesia & Thailand The United States International Trade Commission (ITC) on Tuesday determined that the U.S. industry is not materially injured or threatened by imports of polyethylene terephthalate (PET) resin from India, Indonesia and Thailand...more by Textile Intelligence Thursday, 21st April 2005View more news from [ wahington ] [ USA ] USA: Chinese imports should be curbed U.S. imports of textiles and apparel from China shot up about 41 percent in January from December and were nearly 30 percent above a year earlier, U.S. Commerce Department data released on 11th March, 2005 showed....more by Textile Intelligence Friday, 11th March 2005View more news from [ New York ] [ USA ] Adidas sues Ralph-Lauren for trademark infringement German athletic shoe and clothing maker Adidas has moved a US federal court to challenge Ralph Lauren line of Polo clothing bearing a similar design......more by Textile Excellence Thursday, 26th August 2004View more news from [ Portland ] [ USA ] USA: USDA allow mills to import raw cotton US Department of Agriculture (USDA) revealed that it would allow textile mills to import a limited amount of raw cotton....more by Textile Excellence Thursday, 20th May 2004View more news from [ New York ] [ USA ] US decides to lift quotas from Pakistan’s textiles Pakistan’s Finance Minister Mr Shaukat Aziz has recently declared that the US has decided to lift all quotas placed on Pakistani textiles......more by Textile Excellence Saturday, 24th April 2004View more news from [ Washington ] [ USA ] Quota phase out seems imminent: US official There seems to be no possibility of a broader textile and apparel quota agreement with China, nor any extension of the Multi Fibre Agreement, which expires on Dec 31 2004,said a US Commerce Dept. Official...more by Textile Excellence Thursday, 15th April 2004View more news from [ Washington ] [ USA ] USA: Bush’s case in point to make tax cuts permanent In a run up to the Presidential elections,Bush said his goal is to make his tax cuts permanent and to open up overseas markets to North Carolina products...more by Textile Excellence Tuesday, 06th April 2004View more news from [ North Carolina ] [ USA ] Geerdes Intl acquired by CMAI Chemical Market Associates, Inc. (CMAI) has announced the formal acquisition of Geerdes International Inc. a textile consulting company focusing on trade analysi...more by Press Release Thursday, 04th March 2004View more news from [ Houston ] [ USA ] EU Hits U.S. Goods with Sanctions in Trade Battle To compel US to repeal the corporate tax laws that violate the world trade, the EUropean Union on March 01, 2004 slapped millions of dollars in annual economic sanctions on U.S. textiles, jewelry, food, equipment and other exports...more by Reuters Tuesday, 02nd March 2004View more news from [ Washington/Brussels ] [ USA ] USA: Unifi to improve efficiency of nylon business unit Unifi, Inc. announced on August 29, it is taking number of actions to improve the efficiency of its Nylon business unit,...more by Textile Excellence Thursday, 25th August 2005View more news from [ North Carolina ] [ USA ] Invista to increase high tenacity polyester price Invista has announced increase of its high tenacity Polyester fiber prices by 10% in North America from April 18, 2005...more by TextileIntelligence Wednesday, 30th March 2005View more news from [ Wichita ] [ USA ] BASF to quit Enka, North Carolina site by 2007 BASF is to phase-out its nylon 6 polymers production at it Enka, N.C., USA, site by 2007,...more by TextileIntelligence Thursday, 24th March 2005View more news from [ Texas ] [ USA ] USA: DAK Americas to increase PSF price DAK, the USA based fiber producer, is to increase the price of its polyester staple fibre products by US$ 0.03/lb from April 1, 2005....more by Textile intelligence Tuesday, 15th March 2005View more news from [ new York ] [ USA ] Invista to increase prices of high tenacity polyester fiber Invista has announced that it would increase prices of its high tenacity polyester fiber by 10% from 17th January 2005......more by Textile Excellence Thursday, 23rd December 2004View more news from [ Wilmington ] [ USA ] DAK Fibers will raise PSF prices DAK Fibers has intimated its polyester staple customers that......more by Textile Excellence Thursday, 26th August 2004View more news from [ Charlotte, NC ] [ USA ] Wellman to hike PSF price from 1st Sept ‘04 USA’s Wellman, Inc., will raise the price of all polyester staple fibre (PSF) products by US$0.03 per pound from September 1, 2004......more by Textile Excellence Tuesday, 17th August 2004View more news from [ Charlotte,NC ] [ USA ] International textile group completes integration of Burlington and Cone Mills Beginning of August, WL Ross & Company announced completion of the integration of Burlington Industries and Cone Mills into the newly formed International Textile Group (ITG)....more by Textle Excellence Monday, 02nd August 2004View more news from [ Greensboro ] [ USA ] Unifi would buy Invista’s polyester plant Unifi Inc. has decide to buy Invista's polyester filament plant located at NC, USA......more by Textile Excellence Monday, 26th July 2004View more news from [ Greensboro ] [ USA ] BASF and Honeywell announce nylon price hikes BASF and Honeywell have individually announced 6¢/lb increase on nylon resins, denoting a sales price increase of about 5%....more by Textile Excellence Monday, 19th July 2004View more news from [ Washington ] [ USA ] North America: BASF to hike nylon intermediate prices again After the 6 percent per pound increase that came into effect from July 1st, BASF will increase prices for cyclohexanone and caprolactam by US$0.06 per pound......more by Textile Excellence Friday, 16th July 2004View more news from [ Mount Olive ] [ USA ] Amantea and P&G strike a US$30 million deal A US$30 million contract has been entered into by the US newcomer Amantea nonwovens and Procter and Gamble (P&G)......more by Textile Excellence Sunday, 11th July 2004View more news from [ Cincinnati ] [ USA ] USA: Apparel Jones and Maxwell Shoe agree merger A long running takeover issue between Jones Apparel and Maxwell Shoe has finally ended in a US$346 million merger......more by Textile Excellence Monday, 21st June 2004View more news from [ Pennsylvania ] [ USA ] USA: Adidas acquires clothing maker Valley Apparel With a view to strengthen its hold in the North-American market, athletic apparel major Adidas-Salomon AG has acquired clothing maker Valley apparel......more by Textile Excellence Friday, 18th June 2004View more news from [ Portland ] [ USA ] BASF will raise nylon intermediate prices from July With effect from July 1st 2004, BASF would raise prices for raw materials cyclohexanone and caprolactam......more by Textile Excellence Monday, 07th June 2004View more news from [ Mount Olive, NJ ] [ USA ] DuPont to expand Kevlar production capacity For the fourth time since 2000, DuPont is looking forward to expand the production capacity of its Kevlar p-aramid material......more by Textile Excellence Saturday, 05th June 2004View more news from [ Wilmington ] [ USA ] USA: Apparel, Textile Imports Set New Record Imports of apparel and textiles hit their highest first-quarter level ever, as China continued to put the squeeze on foreign suppliers which largely contributed to the record increase....more by Textile Excellence Friday, 14th May 2004View more news from [ New York ] [ USA ] Apparel, Textile Imports Set New Record Imports of apparel and textiles hit their highest first-quarter level ever, as China continued to put the squeeze on foreign suppliers which largely contributed to the record increase....more by Textile Excellence Friday, 14th May 2004View more news from [ New York ] [ USA ] Unifi Acquires Nylon Yarn Operations from Sara Lee Unifi, Inc. has recently announced acquisition of Sara Lee Branded Apparel’s hosiery and texturised yarn facility......more by Textile Excellence Tuesday, 11th May 2004View more news from [ Greensboro ] [ USA ] Unifi would shut down Kinston polyester plant in September Greensboro-based Unifi has decided to acquire Invista polyester plant of Kinston, on 30th September 2004......more by Textile Excellence Friday, 03rd September 2004View more news from [ Greensboro ] [ USA ] China to establish a trade park in US China’s Ministry of Commerce has approved the Tianjin Port Free Trade Zone’s proposal to begin a trade and industrial park in the United States....more by Textile Excellence Wednesday, 25th August 2004View more news from [ Greenville ] [ USA ] China, India could dominate textiles in quota-free era: WTO The WTO has predicted that China and India would become significantly more competitive......more by Textile Excellence Tuesday, 24th August 2004View more news from [ Washington ] [ USA ] Sportswear manufacturers face protest Several human rights organisations, which have been accusing leading sportswear manufacturers of violating labour rights, have spruced up their protest with a "Play Fair at the Olympics" campaign......more by Textile Excellence Friday, 25th June 2004View more news from [ Washington ] [ USA ] US textile sector shows signs of recovery For the first time since the recession that began 10 years ago, the US textile industry has been showing signs of recovery......more by Textile Excellence Wednesday, 19th May 2004View more news from [ Washington ] [ USA ] US apparel retailers enjoying strong demand US clothing and apparel retailers are generating cash on improved consumer demand and price hike......more by Textile Excellence Sunday, 09th May 2004View more news from [ Washington ] [ USA ] USA: FLA approves Reebok labour standards The Fair Labour Association (FLA), has approved Reebok International after verifying Reebok's credentials of implementing standards protecting workers in its footwear factories worldwide....more by Textile Excellence Wednesday, 05th May 2004View more news from [ New York ] [ USA ] High-power committee to discuss Sino-US trade disputes: The US-China Joint Commission on Commerce and Trade is trying to find solutions to growing trade disputes between the world's two strongest trading nations...more by Textile Excellence Monday, 05th April 2004View more news from [ Washington ] [ USA ] Burlington welcomes CAFTA Textile Agreement Burlington Industries Chairman, Wilbur L. Ross, has supported the CAFTA for including the recommendations of textile companies. "Preliminary information regarding the...more by Staff Reporter Thursday, 18th December 2003View more news from [ North Carolina ] [ USA ] A world Textile Plan called for by US Democratic leaders Voicing their concern that millions of textile workers in the United States and other developing countries might lose their jobs to China in the quota free trade environment, the US Democratic leaders have been urging the President to develop a world text...more by Textile Excellence Saturday, 13th December 2003View more news from [ Washington ] [ USA ] Mohawk and Dupont partner to launch new carpet line. Mohawk industries, Inc. and Dupont have recently announced an exclusive partnership to launch a new line of residential carpet to the flooring industry. DuPont will be providing its latest polymer technology to Mohawk who will market it...more by Textile Intelligence Friday, 04th November 2005View more news from [ WILMINGTON ] [ USA ] The upward movement at NYCE may be short lived China’s inclination to buy US upland cotton has led to modest increase in the NYCE cotton futures due to fund buying last week....more by Press Release Monday, 08th March 2004View more news from [ New Delhi ] [ USA ] Indian textile exports to US grow 20% states IMF paper International Monetary Fund’s Selected Issues paper for India states that textile exports showed similar growth patterns in to the US and the EU post quotas era. The paper was prepared by a staff team of the IMF in consultation with the member country....more by Textile Intelligence Thursday, 23rd February 2006View more news from [ New York ] [ USA ] USA: Cotton T-Shirt demand remains static in Sept US imports of cotton t-shirts touched the mark of 685.912 million square meters during January - July showing 0.6 percent year-on-year drop after 22 percent drop in imports of 2004....more by Textile Intelligence Wednesday, 23rd November 2005View more news from [ New York ] [ USA ] India: Sara Lee plans to set up a sourcing unit With an investment of US$ 6.8 billion, US-based Sara Lee Branded Apparel (SLBA) is planning to set up a sourcing office in the country......more by Textile Excellence Monday, 16th August 2004View more news from [ Chicago ] [ USA ] US could deny Bangladesh's excess textile exports In its recent letter to Bangladesh's Foreign Ministry, US has asked the country not to export textile products beyond the 2004 annual quota limit......more by Textile Excellence Tuesday, 13th July 2004View more news from [ Washington ] [ USA ] US and Australia sign FTA The U.S. and Australia has recently signed a Free Trade Agreement (FTA)......more by Textile Excellence Thursday, 20th May 2004View more news from [ Washington DC ] [ USA ] US cuts down quotas on Vietnamese textile and apparel imports Claiming that Vietnam had misinterpreted some of its textile exports to the US, the US Commerce Department has reduced quotas on textile and apparel imports from Vietnam......more by Textile Excellence Saturday, 15th May 2004View more news from [ Washington ] [ USA ] US, Turkish textile groups seek quota extension Some US and Turkish textile groups have urged for a two-year extension of the global textile quota trade system......more by Textile Excellence Saturday, 06th March 2004View more news from [ Washington ] [ USA ] US protests against Egypt’s high import tariffs on clothes The United States has approached to the World Trade Organisation stating that the Egypt’s import tariffs on clothes and other textiles have been extremely high......more by Textile Excellence Thursday, 08th January 2004View more news from [ Geneva ] [ USA ] Aussie cottonseed ban averted The threatened ban on US$100m in Australian cottonseed exports to the US has been averted, by a crash research effort by scientists in the CRC for Tropical Plant Protection....more by Textile Excellence Tuesday, 23rd September 2003View more news from [ Washington ] [ USA ] Future liberalisation talks in serious doubt: US importers US textile manufacturers and cotton producers were pleased with the September 14 collapse of World Trade Organization (WTO) trade liberalization talks in Cancun, Mexico, but importers of textiles and apparel, and retailers said it was a serious blow to co...more by Textile Excellence Monday, 22nd September 2003View more news from [ Washington ] [ USA ] US Hosiery Technology Center awarded grant to help hosiery exporters The hosiery Technology Center (HTC), Hickory, N.C. is awarded $397,000 by the US Department of Commerce’s (DOC’s) International Trade Administration recently, to help US hosiery firms export to Japan and other global markets....more by Textile Intelligence Monday, 19th December 2005View more news from [ North Carolina ] [ USA ] Barcoding Inc. technology to track textiles Barcoding Inc.s’ inventory tracking systems are helping an Atlanta textiles manufacturer keep closer track of the pillows, linens and quilts it makes and ships around the country....more by Textile Intelligence Monday, 14th November 2005View more news from [ Baltimore ] [ USA ] USDA cotton consumption & wool outlook for 2005/06 The cotton supply and demand estimates for 2005-06 forecast record foreign cotton consumption for the seventh consecutive season, reported United States Department of Agriculture (USDA). Over this period, foreign consumption has raised nearly 50 % from 7...more by Textile Intelligence Monday, 13th February 2006View more news from [ Washington ] [ USA ] ITG's Cone Denim to setup denim plant in China International Textile Group, Inc. (ITG) announced recently that it would build a state-of-the-art denim plant in the city of Jiaxing, in China through a jv. The new company is named as Cone denim (Jiaxing) Limited where ITG would hold...more by TextileIntelligence Tuesday, 12th July 2005View more news from [ Greensboro, N.C. ] [ USA ] USA: Home Furnishing manufacturer WestPoint Stevens closes 5 plants Loss making WestPoint Stevens of USA is to close five of its 24 plants and layoff more than a fifth of its workforce in line with its restructuring plan. The company...more by TextileIntelligence Thursday, 13th January 2005View more news from [ South Carolina ] [ USA ] USA: Home Furnishing manufacturer WestPoint Stevens closes 5 plants South Korea is expected to export textile goods worth US$14.7 billion this year according to industry sources. This projected figure is down...more by TextileIntelligence Thursday, 13th January 2005View more news from [ South Carolina ] [ USA ] Global: Cotton output to reach 23.5 million in 2004-05 The world cotton production is likely to reach 23.5 million tons in 2004-05......more by Textile Excellence Wednesday, 06th October 2004View more news from [ Washington, DC ] [ USA ] USA: Record cotton yield estimated USA is all set to record the largest cotton production in its history......more by Textile Excellence Wednesday, 15th September 2004View more news from [ Washington ] [ USA ] USA: VF to shift plants from Texas to Mexico US clothing group VF Corporation plans to close its two Texan plants, and shift the production to......more by Textile Excellence Saturday, 04th September 2004View more news from [ Texas ] [ USA ] USA: DuPont sets up a new ACT plant DuPont has set up new factory to produce innovative non-woven fabrics using its Advanced Composite Technology (ACT)......more by Textile Excellence Tuesday, 31st August 2004View more news from [ Nashville ] [ USA ] USA: Honeywell to invest US$20 million to boost Spectra production With a view to meet the increased demand for its Spectra fiber, Honeywell is making an additional investment of US$20 million to increase its production capacity......more by Textile Excellence Wednesday, 09th June 2004View more news from [ Colonial Heights, Va ] [ USA ] AF&Y announces plant capacity expansion, more jobs Citing substantial growth in demand for its fibers and yarns, American fibers and yarns Company (AF&Y) announced plans to increase its fiber extrusion capacity by 30% and its texturing capacity by 25%....more by Textile Intelligence Thursday, 12th January 2006View more news from [ North Carolina ] [ USA ] Walmart reports rise in earnings Worlds largest retailer, Wal-mart stores Inc., said earnings rose this Monday by 3.8 per cent in the third quarter as sales grew 10 per cent. Net income rose to $2.4 billion, or 54 cents per share, a year ago. Earnings in the latest quarter included three...more by Textile Excellence Tuesday, 15th November 2005View more news from [ BENTONVILLE ] [ USA ] Interface Sales Increases 9.5 Percent in Q3, 2005 Interface Inc, a worldwide floor coverings and fabrics company, last week announced results for the third quarter ended October 2, 2005....more by Textile Excellence Friday, 28th October 2005View more news from [ Atlanta ] [ USA ] Russell Corp. Net Income Down by 41 Percent The Atlanta-based athletic apparel and sporting goods company Russel Corp posted net income of US$15.8 million on US$424.6 million in sales, compared with net income of US$26.9 million on US$422.7 million in sales in the third quarter of 2004....more by Textile Excellence Friday, 28th October 2005View more news from [ Atlanta ] [ USA ] Guess? reports strong retail sales for the financial month of Sept Guess?, Inc. on October 6 reported strong retail sales for the fiscal month of September which, ended on October 1, 2005. Total retail sales for September were US$ 57.6 million, an increase of 25.3% from sales of US$ 45.9 million for the fiscal month end...more by Textile Excellence Monday, 17th October 2005View more news from [ Los Angeles ] [ USA ] Walmart logs in US$ 8.6 million dollars Worlds largest retailer Wal-Mart Stores Inc has reported net sales for the 5-week period ending September 30, 2005 and October 1, 2005. SAM'S CLUB comparable sales without gasoline sales would have been 6.3 percent for the September 5-week period....more by Textile Excellence Monday, 17th October 2005View more news from [ Delaware ] [ USA ] Wellman announces Quarterly dividend New Jersey based Wellman Inc has declared a quarterly dividend of US$ 0.05 per share on the outstanding shares...more by Textile Intelligence Monday, 29th August 2005View more news from [ New Jersey ] [ USA ] Acordis sells US Diolen operation to Performance Fibers According to Acordis, it's polyester industrial yarn spinning operations in the US have been acquired by Performance fibers Holdings Inc....more by Textile Intelligence Monday, 29th August 2005View more news from [ Virginia ] [ USA ] Delta Woodside to close two textile mills by November Greenville based Delta Woodside to close two textile mills at Wallace and Pamplico....more by Textile Intelligence Sunday, 31st July 2005View more news from [ Greenville ] [ USA ] USA: Unifi’s loss making row continues USA based yarn producer Unifi Inc has reported an increased net loss for the fourth quarter of 2005, but managed to narrow its loss for the 2005 financial year. The company reported a quarterly loss of US$ 9 million compared to loss of US$ 6m...more by TextileIntelligence Friday, 29th July 2005View more news from [ Greensboro ] [ USA ] Levi’s lifts profit on lower sales Levi Strauss & Co. has reported a second quarter net income of US$ 27 million, US$21 million higher than the corresponding period a year ago despite a 1.6% fall in sales. Second quarter sales amount to US$944 million...more by TextileIntelligence Tuesday, 12th July 2005View more news from [ New York ] [ USA ] USA: Tietex Interiors purchases textile plant High Point-based Tietex Interiors has purchased a textile manufacturing plant on the border of Rockingham and Caswell counties from International Textile Group, the company formed by the consolidation of Burlington...more by TextileIntelligence Saturday, 11th June 2005View more news from [ Matkins ] [ USA ] USA: Sears, Kmart Start to Combine Brands Kmart has planned to merchandise Sears Holding Corps products at the same retail store as Kmarts. Of the total nine such stores are underway and the response generated amongst the customers is pretty good....more by Textile Intelligence Tuesday, 07th June 2005View more news from [ New York ] [ USA ] USA: Phillips-Van Heusen's Q1 earnings grew 25 percent Phillips-Van Heusen Corporation has posted a extraordinary first-quarter performance. First-quarter revenues reached US$472.1 million from US$378.2m the year before,...more by Textile Intelligence Saturday, 28th May 2005View more news from [ New York ] [ USA ] USA: Cygne Designs signs LoI to acquire Denim Supplier CCC LLC Cygne Designs, Inc. has announced that it has signed a non-binding Letter of Intent to acquire the branded and private label denim clothing supply business of Commerce Clothing Company LLC, a privately-held company principally owned by Hubert Guez....more by Textile Intelligence Friday, 27th May 2005View more news from [ New york ] [ USA ] USA: John Goodman is President of Dockers US business World's largest brand-name apparel marketer levi strauss & Co. announced the appointment of John Goodman as president of the U.S. Dockers business, effective June 6....more by Textile Intelligence Wednesday, 25th May 2005View more news from [ New York ] [ USA ] USA: Guilford Mills to cut jobs may shut two plants The former Fortune 500 textile major Guilford Mills is on the verge of closing its Polyester yarn plant in Greensboro and cut its workforce to nearly half at Fuquay-Varina plant which would result in about 230 job loss...more by Textile Intelligence Thursday, 21st April 2005View more news from [ Greensboro ] [ USA ] Solutia to close part of nylon plant in Florida Solutia Inc. USA has announced plans to close its nylon industrial fiber manufacturing plant unit in Florida by end of May and move manufacturing to its plant in Greenwood, South Carolina....more by TextileIntelligence Tuesday, 29th March 2005View more news from [ Florida ] [ USA ] USA: Gap Inc’s same stores sales down by 7% for January According to sources, Gap Inc’s same-store sales fell 7 per cent in the month of January. Net sales for the four-week period ended 29th January 2005 were US$ 891 million, which represents a 5 per cent decrease over same period previous year....more by Textile Intelligence Thursday, 03rd February 2005View more news from [ New York ] [ USA ] USA: Dan River bankruptcy exit confirmed A U.S. bankruptcy Court has confirmed Dan River's plan of re-organisation. The company is expected to exit bankruptcy on or around February 10, 2005, with debts of around US$90 million, down from...more by TextileIntelligence Saturday, 29th January 2005View more news from [ South Carolina ] [ USA ] USA: Native Textile Lays off employees Native textiles Inc. is temporarily laying off all its workers at the company's Glens Falls mill beginning February due to a shipment of defective yarn that interrupted production...more by TextileIntelligence Saturday, 29th January 2005View more news from [ Queensbury ] [ USA ] Unifi manage to reduce losses for the quarter ended 31st December 2004 Unifi Inc. has been able to reduce its second quarter net loss of US$ 7.7 million, out of which US$4.7m is from continuing operations, compared to US$ 9.2 million...more by TextileIntelligence Tuesday, 25th January 2005View more news from [ South Carolina ] [ USA ] US: Liz Claiborne Acquires C&C California Clothing retailer Liz Claiborne Inc. has bought C&C California Inc., a maker of apparel, sold at high-end department stores around the world....more by Textile Intelligence Saturday, 08th January 2005View more news from [ California ] [ USA ] USA : Apparel retailer Guess completes acquisition of Maco Apparel US jeanswear and lifestyle company Guess has completed the acquisition of 90 percent of its European jeanswear licensee Maco Apparel from Italian clothing and property group Fingen....more by Textile Intelligence Thursday, 06th January 2005View more news from [ New York ] [ USA ] USA: KSIN Holdings take over Singer Sewing Co KSIN Holding Ltd, an associate of Kohlberg & Co LLC has struck cash deal of US$65.5 million to take over the Singer Sewing Co......more by Textile Excellence Tuesday, 05th October 2004View more news from [ New York ] [ USA ] Guess?, Inc. registers 14.1 percent Increase in July Store Sales Whereas the total July retail sales for the five weeks ended July 31, 2004 were US$ 48.5 million, which is an increase of 19.7 percent...more by Textile Excellence Thursday, 05th August 2004View more news from [ Los Angeles ] [ USA ] Gap Inc. reports July sales down 3 percent Gap Inc. has announced its July sales at US$1.0 billion which is down by 3 percent compared to the net sales of $1.1 billion for the same period ended August 2, 2003....more by Textile Excellence Thursday, 05th August 2004View more news from [ San Franccisco ] [ USA ] VF Corp's Q2 profit swells 20 percent VF Corp, the Greensboro based apparel company, has posted a 20 percent rise in its second-quarter earnings for this fiscal year......more by Textile Excellence Thursday, 22nd July 2004View more news from [ Greensboro ] [ USA ] USA: VF Corp to acquire Kipling Belgium NV VF Corp, the apparel maker has recently made public its decision to acquire Antwerp-based Kipling Belgium, NV......more by Textile Excellence Wednesday, 16th June 2004View more news from [ Greensboro ] [ USA ] USA: Donnkenny Posts Q1 Loss portswear maker Donnkenny Inc has posted a net loss of US$ 600,000 for the first quarter......more by Textile Excellence Monday, 17th May 2004View more news from [ Washington ] [ USA ] VF to Buy Children’s Playwear from Lollytogs worth US$ 150million S based apparel giant VF Corp has disclosed that it would buy US$150 million worth of children’s playwear products from Lollytogs......more by Textile Excellence Wednesday, 12th May 2004View more news from [ North Carolina ] [ USA ] USA: PGI introduces new spun melt medical fabrics Polymer Group Inc. has introduced a new MediSoft medical fabric that has 50 percent more softness over standard spunmelt fabrics used in medical applications......more by Textile Excellence Wednesday, 28th April 2004View more news from [ Charlotte, North Carolina ] [ USA ] VF's earnings surges 13% US apparel giant VF Corporation's first quarter sales and earnings recorded a double-digit growth on last year. The company for the three months to April 3, 2004, reported sales of US$1.43 billion, up by 15% as against the same period a year ago. Its net...more by Textile Excellence Wednesday, 28th April 2004View more news from [ Greensboro ] [ USA ] USA: Toray Inc to expand carbon fiber output Toray carbon fibers America, Inc. (CFA), has announced that it would expand its carbon fiber and carbon fiber composite production......more by Textile Excellence Tuesday, 27th April 2004View more news from [ Decatur ] [ USA ] USA: Unifi posts US$50 million loss for the third quarter yarn maker Unifi has suffered a net loss of US$ 50 million in the quarter ended March 28......more by Textile Excellence Friday, 23rd April 2004View more news from [ Greensboro ] [ USA ] USA: Coach net sales rise 42 per cent for third quarter The third fiscal quarter net sales for Coach Inc a US based fashion accessories designer company rose by 42 per cent to US$ 313.1 million for the month ending March 27, 2004....more by Textile Excellence Friday, 23rd April 2004View more news from [ New York ] [ USA ] USA: Mohawk Inc reports strong growth for first quarter US floor coverings maker, Mohawk Industries Inc., has reported record first quarter earnings of US$66.3 million......more by Textile Excellence Thursday, 22nd April 2004View more news from [ Calhoun, Georgia ] [ USA ] Uniwave and Memminger to merge Former competitors - the US-based Uniwave and German company Memminger-IRO - have revealed plans to merge......more by Textile Excellence Wednesday, 21st April 2004View more news from [ New York ] [ USA ] WestPoint Stevens Inc. plans a Shanghai office Being responsive to China’s bright trade prospects post 2004, WestPoint Stevens Inc. has recently revealed about its plans to open an office in Shanghai in July this year....more by Textile Excellence Wednesday, 21st April 2004View more news from [ New York ] [ USA ] USA: Linen n’ Things first quarter profit fall 15 per cent The first-quarter profit of US based Linens 'n Things Inc. fell on an accounting provision, despite a 15 percent jump in net sales....more by Textile Excellence Wednesday, 21st April 2004View more news from [ Clifton ] [ USA ] Unifi to utilise unused textile equipment to kickstart expansion plans in China Unifi has decided to USe its idle equipment from the company’s plants in US, UK and Ireland to begin development plans in China....more by Textile Excellence Saturday, 17th April 2004View more news from [ North Carolina ] [ USA ] Koch to acquire Invista two months before time Koch Industries has declared that it would get hold of Invista by the end of this month......more by Textile Excellence Friday, 09th April 2004View more news from [ Kansas ] [ USA ] USA: Grenada’s Real Silk Hosiery Mills to wind up operations The management of Real Silk Hosiery Mills – one of Grenada’s oldest plants – has announced the mill’s closure in late June or early July...more by Textile Excellence Thursday, 08th April 2004View more news from [ Grenada ] [ USA ] DHB Industries flooded with orders DHB Industries Inc announced that it has received more than $12 million in new orders in last weeks of March......more by Textile Excellence Friday, 02nd April 2004View more news from [ Westbury ] [ USA ] US textile maker Dan River seeks bankruptcy protection The US textile manufacturer Dan River Inc. has recently filed for Chapter 11 bankruptcy protection in the Northern District of Georgia....more by Textile Excellence Thursday, 01st April 2004View more news from [ Danville ] [ USA ] Levi Strauss incurs a loss of US$349m for 2003 The San Francisco-based Jeans maker Levi Strauss & Co has posted a net loss of US$ 349 million for full-year 2003, compared to a net income of US$7m in the previous fiscal year....more by Textile Excellence Wednesday, 03rd March 2004View more news from [ New York ] [ USA ] US textile manufacturer Unifi to axe 400 jobs As a result of the recent slump in the industry, the US textile manufacturer Unifi is axing nearly 400 jobs.....more by Textile Excellence Wednesday, 03rd March 2004View more news from [ Greensboro ] [ USA ] Bekaert Textiles plans expansion; seek funds As funds for its expansion plans, Bekaert Textiles USA Inc. has requested upto US$ 230,000 as local economic incentives....more by Textile Excellence Thursday, 26th February 2004View more news from [ Winston-Salem, N.C ] [ USA ] US: Wellman to increase polyester prices in mid-February Wellman Inc. to raise prices for polyester staple fiber by eight to 10 percent......more by Textile Excellence Tuesday, 20th January 2004View more news from [ Chicago ] [ USA ] WestPoint will close units in three states WestPoint Stevens will pull down the shutters of its Dixie and Dunson plants in Georgia along with its factories in Alabama and Louisiana.....more by Textile Excellence Friday, 09th January 2004View more news from [ Atlanta ] [ USA ] Solutia to file for bankruptcy Nylon producer Solutia has recently filed for Chapter 11 bankruptcy in the US......more by Textile Excellence Wednesday, 17th December 2003View more news from [ St Louis ] [ USA ] Sara Lee completes Italian hosiery business sale Sara Lee Corp., USA has completed the sale transaction of its Italian hosiery business, Filodoro Calze S.p.A to Gilfin S.p.A, the parent company of Golden Lady S.p.A....more by Textile Excellence Thursday, 11th December 2003View more news from [ Chicago ] [ USA ] GAP founder to resign as Chairman GAP Inc. founder Donald Fisher, 75, has decided to step down from this position while still being on the Board as Chairman emeritus....more by Textile Excellence Thursday, 11th December 2003View more news from [ San Fransisco ] [ USA ] USA: Pillowtex Acquisition Approved Pillowtex's sale to GGST LLC for $128 million will close within 30 days, the mill said, following a federal bankruptcy......more by Textile Excellence Thursday, 09th October 2003View more news from [ Wilmington ] [ USA ] Milliken's 180 Walls™ awarded Greenguard Certification The Atlanta-based Greenguard Environmental Institute is a nonprofit organization that manages the Greenguard Certification Program for low-emitting products and establishes acceptable standards for interior products and testing protocols has recently awar...more by Textile Intelligence Monday, 19th December 2005View more news from [ Atlanta ] [ USA ] AATCC’s annual exhibition in Oct 2006 The American Association of Textile Chemists and Colorists (AATCC), Research Triangle Park, N.C., going to organise its annual International Conference & Exhibition with the Megatex 2006....more by Textile Intelligence Monday, 19th December 2005View more news from [ North Carolina ] [ USA ] USA: Textile Expo in NY focuses on India The second annual 'Sourcing Apparel-India Expo' held in New York on June 8 – 9 brought focus to the Indo-US textile trade related issues. The event was attended by...more by TextileIntelligence Friday, 10th June 2005View more news from [ New York ] [ USA ] Turkish Fashion Fair begins in New York The Sixth Traditional Turkish Fashion and Cloth Fair has started in New York......more by Textile Excellence Tuesday, 20th July 2004View more news from [ New York ] [ USA ] Tommy Hilfiger’s finally settles on a suitable suitor After searching for several months for a suitor, Tommy Hilfiger on 30th Dec embraced the same private equity firm that two years ago helped buy out fellow U.S. design icon Calvin Klein. Tommy Hilfiger Corp. said, it had accepted a US$ 1.6 billion cash tak...more by Textile Intelligence Monday, 02nd January 2006View more news from [ New York ] [ USA ] Preppy makes a come back "Spring 2006 is about celebrating 20 years of fresh American style. Today a new revolution of fashion is taking place in front of our eyes. It is all about the unpretentious, carefree lifestyle we call the New Confidence. The collection is about a great m...more by Textile Intelligence Saturday, 31st December 2005View more news from [ New York ] [ USA ] Calvin Klein in licensing deal with G-III Appare calvin klein Inc, a wholly owned subsidiary of Phillips-Van Heusen Corporat ion announced that it has entered into a strategic licensing agreement with G-III apparel Group Ltd., for women's better suits in the United States, Canada, and Mexico....more by Textile Excellence Monday, 17th October 2005View more news from [ New York ] [ USA ] Calvin Klein in licensing deal with G-III Appare Calvin Klein Inc, a wholly owned subsidiary of Phillips-Van Heusen Corporat ion announced that it has entered into a strategic licensing agreement with G-III apparel Group Ltd., for women's better suits in the United States, Canada, and Mexico....more by Textile Excellence Monday, 17th October 2005View more news from [ New York ] [ USA ] AAFA announces trade mission visit to India The American Apparel and Footwear Association announced that it will be taking a footwear trade mission to India this fall, and that Killick Datta, owner and chairman of GBMI (Global Brand Marketing, Inc. -- Pony, Nautica, XOXO, Dry Shod, Diesel, and Mecc...more by Textile Excellence Monday, 17th October 2005View more news from [ New York ] [ USA ] Ashish Soni offers contemporary India at New York Fashion Week In a flurry of black and white arranged around a core of vibrant colours, Ashish Soni offered a slice of youthful, contemporary India at the New York Fashion...more by Textile Excellence Sunday, 11th September 2005View more news from [ New York ] [ USA ] USA: Beyonce signs G-III Apparel Group Beyonce and Tina Knowles have announced that The House of Dereon has signed a licensing agreement with G-III Apparel Group, Ltd. to collaborate on the design, marketing and distribution...more by Textile Intelligence Monday, 14th March 2005View more news from [ New York ] [ USA ] Tommy Hilfiger to reposition its NEW York units In a bid to promote productivity, Tommy Hilfiger has decided to bring its New-York City based design, production, merchandising and marketing units under one roof......more by Textile Excellence Wednesday, 18th August 2004View more news from [ New York ] [ USA ] Kmart hopes to woo kids with its back-to-school clothing line Troy – Kmart Holding Corp., in a new attempt to connect with the fashion-conscious kids is launching a new back-to-school clothing line......more by Textile Excellence Monday, 19th July 2004View more news from [ New York ] [ USA ] Calvin Klein to introduce new line of women’s wear A new line of women’s under the Calvin Klein (CK) label would hit the stores in spring 2005, said a recent company statement...more by Textile Excellence Thursday, 19th February 2004View more news from [ New York ] [ USA ] New marketing head for Gap brand Jeff Jones has been chosen as Gap Inc.’s new Exceutive Vice President, Marketing for the company’s flagship Gap brand......more by Textile Excellence Thursday, 22nd January 2004View more news from [ San Francisco ] [ USA ] GAP veteran joins Kmart John Goodman, a former GAP executive with 11 years of invaluable experience will now assist Kmart......more by Textile Excellence Wednesday, 03rd December 2003View more news from [ New York ] [ USA ] New High-Performance Denim from American Fibers and Yarns Company American Fibers and Yarns Company (AF&Y) has teamed with Avondale Mills to develop a new high-performance denim targeted for active lifestyles. Featuring a 24% blend of AF&Y’s Innova® yarns, the denim is lightweight, durable and moisture-wicking....more by Textile Intelligence Wednesday, 15th February 2006View more news from [ North Carolina ] [ USA ] USA: Flax adds value to denim fabrics The days of moisture laden denims are over. In a recent research by Clemson Research Institute, the flax and cotton blended yarn can be a better alternative to conventional denim fabrics....more by Textile Intelligence Tuesday, 22nd November 2005View more news from [ Clemson ] [ USA ] Oeko-Tex Standard 100 certification for Malden Mills Malden Mills proudly announced the obtaining of the Oeko-Tex Standard 100 Certification and that the latest styles will be tested for approval on a rolling basis. The Oeko-Tex Standard 100 guarantees that the textile is free of any harmful substances or p...more by Textile Excellence Monday, 14th November 2005View more news from [ Lawrence, MA ] [ USA ] Genencor launches High Contrast Neutral Cellulase for textile industry Genencor International, Inc., announced on Sept 6, 2005 the availability of a high-concentrate, high-contrast neutral cellulase for the textile processing industry....more by Textile Excellence Thursday, 08th September 2005View more news from [ Palo Alto ] [ USA ] USA: New Textile Coding System by Oak Ridge National Lab A textile marking system developed at Oak Ridge National Laboratory that encodes information invisible to the naked eye could save the U.S. millions of dollars in revenue lost each year to counterfeiters and violators of trade laws....more by Textile Intelligence Thursday, 21st July 2005View more news from [ New York ] [ USA ] USA: Textiles with ‘Permanent Antibacterial Properties’ to be developed by NC State Engineers and Egyptian Scientists At North Carolina State University, nuclear and textile engineers have joined forces with textile scientists from Egypt to create textiles that have permanent antimicrobial properties....more by Textile Intelligence Tuesday, 21st June 2005View more news from [ North Carolina ] [ USA ] USA: Solutia's CPFilms introduces new optically clear polyester film Solutia's CPFilms has introduced MF5, a premium clean, optically clear protective masking film films for industrial, commercial and solar control applications...more by Textile Intelligence Wednesday, 20th April 2005View more news from [ New York ] [ USA ] USA: TUKAplan Pro to debue in Garmentechology Expo in New Delhi LOS ANGELES - TUKATECH, a leading supplier of apparel technology, today announced the launch of TUKAplan Pro, the first fully integrated pattern design (PDS), product development (PDM), Grading and Marking solution for all current TUKAcad users up. This n...more by TextileIntelligence Wednesday, 19th January 2005View more news from [ Los Angeles ] [ USA ] NASA Mission testifies effectiveness of Fosshield Antimicrobial Technology Foss Manufacturing's Fosshield® protects NASA crew's clothing and linens from destructive and odor-causing bacteria during mission to prepare for extreme conditions in space...more by Textile Excellence Thursday, 19th August 2004View more news from [ New York ] [ USA ] Ciba launches new generation Silicone softner Ciba Specialty Chemicals has launched a silicone softener Ciba ULTRATEX FMW, especially designed for white textiles....more by Textile Excellence Thursday, 19th August 2004View more news from [ New York ] [ USA ] Supriva Wolure – a nylon fiber disguised as wool The new washable nylon fiber – Supriva Wolure is a new rave in America as it substitutes the nylon look and feel for wool. The rug manufacturers at the upcoming New York Home Textiles Market, March 29 to April 2, will introduce the new washable rug....more by Textile Excellence Wednesday, 24th March 2004View more news from [ Atlanta ] [ USA ] Nano-Tex on a global expansion drive Nano-Tex LLC has undertaken a global expansion plan by opening regional offices in key textile regions worldwide and implementing its plans of new hires....more by Press Release Friday, 19th December 2003View more news from [ Greensboro ] [ USA ] Concept III Launches New Online ‘Fabric Library’ Concept III textiles, the New Jersey-based textile resource and garment production service will unveil a new ‘textileintelligence.com/news/index.php?ns=fabric" target="_blank" title="Click to see all the articles,category wise, having the word 'Fabric' in the Headlines or Body.">fabric Library’ database on their web site (www.conceptiii.com) and demonstrate it for the first time in their booth at ORWM 06. The library will...more by Textile Intelligence Tuesday, 14th February 2006View more news from [ New Jersey ] [ USA ] Dan River’s plant sale causes uncertainty in Brookneal town The sale of Dan River’s plant, has drawn varied reactions from different sections. Officials in the town and Campbell County remain optimistic that it will stay open, but said they will do what they can to provide employment opportunities if it closes....more by Textile Intelligence Tuesday, 10th January 2006View more news from [ Brookneal ] [ USA ] Mr. George Irion the new Vice President VF Apparel group Mr. George Irion will be the new Vice President on VF apparel group. He will be the head of a new procurement organisation structure designed to identify cross-coalition purchasing opportunities and alliances for VF. Mr. Irion is currently the Director o...more by Textile Intelligence Monday, 26th December 2005View more news from [ Nashville ] [ USA ] The Las Vegas Design Centre will present educational seminar in Las Vegas The Design Center at World Market Centre to present an educational seminar at Las Vegas, exploring home textiles on the first Friday of the new year on 6th Jan 2006. Mr. Jeanelle Dech President of Adaptive Textiles and the members of the Interior Design...more by Textile Intelligence Thursday, 22nd December 2005View more news from [ Las Vegas ] [ USA ] UTSA and TRSA to merge early next year The Arlington, Va.-based Uniform & Textile Service Association (UTSA) and Alexandria, Va.-based Textile Rental Services Association of America (TRSA) at the beginning of the next year will come together into one national association representing the entir...more by Textile Intelligence Monday, 19th December 2005View more news from [ Vancouver ] [ USA ] Unifi Sailing through Troubled Water Unifi Inc is facing tougher competition in US and overseas market and considering options to improve its business, including putting itself up for sale....more by Textile Excellence Saturday, 29th October 2005View more news from [ Greensboro ] [ USA ] Dan River to sell apparel fabrics division US based textile manufacturer Dan River Inc has expressed its interest to sell its Apparel Fabrics division by the end of the year...more by Textile Intelligence Wednesday, 19th October 2005View more news from [ - ] [ USA ] ITG explores Vietnam opportunities International Textile Group Inc. (ITG) and Vietnam National Textile Garment Corp. (Vinatex),Vietnam, have agreed to enter into discussions related to mutual business interests. Vinatex comprises 57 member companies having a combined annual industrial prod...more by Textile Excellence Monday, 17th October 2005View more news from [ New York ] [ USA ] Dan River is closing accessory sewing plant Dan River Inc announced to close another plant amid fierce competition from overseas imports. Its accessory sewing plant in Danville plant...more by Textile Intelligence Sunday, 28th August 2005View more news from [ Danville ] [ USA ] US: Seminar to discuss global sourcing for apparel industry Top apparel executives from US fashion, sourcing and financial fields will meet in a seminar to discuss issues arising from drastically changing apparel industry during August 28 to 31, 2005....more by Textile Excellence Saturday, 20th August 2005View more news from [ Las Vegas ] [ USA ] Dan River to sell apparel fabrics division US based textile manufacturer Dan River Inc has expressed its interest to sell its Apparel Fabrics division by the end of the year...more by Textile Intelligence Sunday, 31st July 2005View more news from [ - ] [ USA ] Unifi-Kaiping proposed JV hints delay The Joint Venture (JV) proposal by the US textured yarn giant Unifi with China-based Kaiping Polyester Enterprises Group is reportedly hinting a delay in its implementation....more by Textile Excellence Tuesday, 06th January 2004View more news from [ Greensboro ] [ USA ] Sun Capital gives Performance Fibers a key to fast growth The managers and employees of Performance Fibers Inc. are ending 2005 with much more confidence and fewer uncertainties. A little more than a year ago, the Colonial Heights-based manufacturer of polyester and other synthetic fibers was looking for a home....more by Textile Intelligence Tuesday, 27th December 2005View more news from [ Colonial Heights ] [ USA ] Asahi Kasei to buy Dorlastan Spandex business from Lanxess Asahi Kasei Fibers Corporation (AKF) of Osaka, Japan, and Lanxess signed a Memorandum of Understanding for the purchase of the Dorlastan® business. The final agreement is expected to be signed shortly for an undisclosed sum and will include the Dorlastan®...more by Textile Intelligence Wednesday, 30th November 2005View more news from [ Bushy Park ] [ USA ] Japanese Textile Company to expand The Commerce Department on 28 Dec said a Japanese textile company will expand its plant in Gaffney. Here they will create 55 more vacancies....more by Textile Intelligence Thursday, 29th December 2005View more news from [ Columbia ] [ USA ] Ashworth, Inc. signs four contract with the United States Golf Association (USGA) Ashworth, Inc., which makes the Ashworth and Callaway Golf brands, will continue to be the leading apparel vendor for the U.S. Open for the next four years after signing a long-term contract with the United States Golf Association (USGA) right through 200...more by Textile Intelligence Monday, 26th December 2005View more news from [ Atlanta ] [ USA ] Sara Lee sells off apparel unit Sara Lee Corporation announced today that it has completed the sale of its branded apparel business in Europe to an affiliate of Sun Capital Partners, Inc., a leading, U.S. private investment firm based in Boca Raton, Fla. The Sun Capital affiliate paid S...more by Textile Intelligence Tuesday, 07th February 2006View more news from [ Chicago ] [ USA ] Roebuck and Kmart to open two 150-square-foot Sears shops at Kmart Roebuck and Kmart, parent company of Sears Holdings Inc., will open two 150 square-foot Sears shops at Kmart locations at 250 West 34th Street and 770 Broadway. “Sears doesn’t have any stores in Manhattan at all,” a spokesman said....more by Textile Intelligence Monday, 26th December 2005View more news from [ New York ] [ USA ] Textile workers of Pillowtex to get one last check The bankrupt textile giant Pillowtex Corp. will make one last paycheck to thousands of laid-off workers as per an agreement with creditors, a union official said. The checks will average $2,000 for each worker...more by Textile Intelligence Thursday, 16th February 2006View more news from [ North Carolina ] [ USA ] Sara Lee sells off apparel unit Sara Lee Corporation announced today that it has completed the sale of its branded apparel business in Europe to an affiliate of Sun Capital Partners, Inc., a leading, U.S. private investment firm based in Boca Raton, Fla. The Sun Capital affiliate paid S...more by Textile Intelligence Tuesday, 07th February 2006View more news from [ Chicago ] [ USA ] Polo Ralph Lauren to Buy Back Polo Jeans License Jones Apparel Group, Inc. announced that it has entered into a definitive stock purchase agreement to sell its Polo Jeans Company business to Polo Ralph Lauren Corporation. The Company and Polo Ralph Lauren Corporation have also entered into a settlement...more by Textile Intelligence Saturday, 28th January 2006View more news from [ Pennsylvania ] [ USA ] Dan River Inc. reduces about 500 jobs Dan River Inc., which was purchased by India-based Gujarat Heavy Chemicals Ltd. (GHCL), in January 2006, has planned to plant staff strength by 500 workers. This is due to closure of a plant in its headquarters city in Danville....more by Textile Intelligence Tuesday, 17th January 2006View more news from [ Danville ] [ USA ] Glenoit IIG Corp. contracted with Tarboro Textiles Glenoit IIG Corp. contracted with Tarboro textiles to run Glenoit's former Tarboro plant that was closed last year, the Carolinas Gateway Partnership announced few days ago. Former textile employees will be hired to work at their old plant under a contrac...more by Textile Intelligence Monday, 16th January 2006View more news from [ North Carolina ] [ USA ] SOFICAR plant in Abidos, France Toray Industries is to expand European production of its Torayca carbon fibre to meet forecast demand for composite materials. The company plans to build a further carbonization line with capacity of 800 tons per year of PAN-based carbon fibers at its sub...more by Textile Intelligence Friday, 16th December 2005View more news from [ Washington ] [ USA ] US Congressman Spratt Statement on Record U.S. Trade Deficit U.S. Rep. John Spratt (D-SC), co-chairman of the Congressional Textile Caucus, issued the following statement in response to today's Commerce Department report that the U.S. trade deficit has set a new monthly record of $68.9 billion. "The Commerce Depart...more by Textile Intelligence Friday, 16th December 2005View more news from [ Washington ] [ USA ] Huntsman to purchase Ciba Textile Effects business Peter R. Huntsman, President and CEO of Huntsman Corporation, announced on 20th that the company has entered into a definitive agreement to acquire the global Textile Effects business of Ciba Specialty chemicals Inc. for CHF 332 ($253 million)....more by Textile Intelligence Wednesday, 22nd February 2006View more news from [ Woodlands ] [ USA ] Bain Capital to acquire Burlington Coat Factory for US$ 2.06 billion Turkey and China had an inter-governmental meeting on the quotas Turkey had imposed on certain Chinese textile products last week. The meeting between the Turkish under secretariat of foreign trade and Chinese trade ministry lasted for two days....more by Textile Intelligence Saturday, 28th January 2006View more news from [ Burlington ] [ USA ] Wet Seal to Acquire Assets of G+G Retail Out of Bankruptcy The Wet Seal, Inc. a leading specialty retailer to young women, announced the signing of an agreement to acquire the assets of G+G Retail, Inc. in a transaction to be effected in G+G's Chapter 11 bankruptcy proceeding which commenced on 25th January....more by Textile Intelligence Saturday, 28th January 2006View more news from [ California ] [ USA ] Timberland to complete its US $ 82 million acquisition A leader in performance-based merino wool socks, Timberland, a well known brand for footwear, apparel and accessories, has completed its US $ 82 million acquisition of Smart Wool Corporation....more by Textile Intelligence Saturday, 24th December 2005View more news from [ New Hampshire ] [ USA ]

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