Global Textiles & Apparels e paper (21 June 2018) Global Textiles & Apparels E-PAPER - (21 JUNE 2018 | Page 3

www.gtanews.in Associations & Company affairs Global Textiles & Apparels, Mumbai , 21 June 2018 Costly linen creating trouble for exporters Wellknown Polyesters Textured Yarn Prices per kg. 80/108/MICRO 80/34/ROTO 80/72/CATONIC 80/72/DOUBLE CATONIC 80/72/FULL DULL ROTO 80/72/DOUBLE FULL DULL ROTO 80/34/BLACK ROTO 80/72/BLACK ROTO 80/72/DOUBLE BLACK ROTO 80/72/ROTO 75/72/SD ROTO 75/36 NIM 75/36 HIM 75/108/MICRO 150/288/MICRO 150/288 SIM 150/288 DOUBLE SIM 100/144/MICRO 150/48/BLACK ROTO 150/48/ROTO 150/48/DOUBLE ROTO 150/108/MICRO SIM 150/48 NIM 320/72/LIM 320/72/ROTO 300/96/BLACK ROTO 130/DEN HM/GK 160/DEN DISCAT 80/108 MICRO TWISTED 80/34/ROTO TWISTED 80/72/FULL DULL TWISTED 80/72/DOUBLE FULL DULL TWISTED 80/72/CATONIC TWISTED 80/72/DOUBLE CATONIC TWISTED 80/72/BLACK TWISTED 80/72/DOUBLE BLACK TWISTED 150/48 ROTO TWISTED 75/72 SIM 123 119 134 135 124 125 123 124 125 119 119 117 118 123 116 116 116 123 113 110 110 110 108 108 109 112 134 124 143 139 144 145 154 155 144 145 130 118 Mumbai: For about one-and-a-half months, rising price of linen has been creating troubles for many exporters; especially small and medium level ones who use linen as main fabric. An exporter engaging in business of just Rs. 4 crore claims to have suffered a loss of Rs. 4 lakhs due to this hike, which comes out to be Rs. 30 per metre. Though experts feel that there is some stability now in the prices which are expected to remain the same till the end of 2018. As this kind of hike is happening after many years, the market is taking time to adjust to the change. Hermes Eco Laboratories will open lab in Delhi Mumbai: Germany-based Hermes Eco Laboratories is currently in the process of expanding its reach, focusing mainly on north India. Hermes Eco stands tall as an expert in Softline Testing and hasits labs in Mumbai for the past 23 years, and in Tirupur for about 12 years now. The company is soon coming up with a lab in Delhi also. The company will invest Rs. 50 lakhs in the upcoming Delhi based lab while at a later stage for eco parameter testing, the company intends to invest Rs. 2 crore. Hermes Eco Laboratories’ focus is on complete quality assurance for clothing as well as home textiles. More than a testing lab, it functions like an expert or a consultant, supporting the exporters on various parameters, like Pesticides, APEO, AZO etc. Outliers Clothing comes up with organic collection Mumbai: The Outliers Clothing Co has come up with its organic collection for men and women. Outliers Clothing Co is a start-up initiative by Tejas Shah and Rohit Oswal, who do not hail from the apparal industry, and started this endevour with their own capital. The company that runs on policies to minimize an ecological and carbon footprint, offers an affordable range of tees starting from Rs. 600 to Rs. 1,000. J.Crew appoints new Creative Chief USA: J.Crew has announced the appointment of its new Chief Design Officer, Johanna Uurasjarvi. The Finnish designer’s portfolio of work boasts of most recently serving at the position of Creative Director at lifestyle and home goods brand- West Elm, where her driven efforts resulted in uplifting the revenues to US $ 1 billion mark. The designer has also worked with Urban Outfitter-owned Anthropologie as its Executive Creative Director of Product Design, for almost 10 years. The gone year has not been great for the retailer as it continues to record negative results but the new talent acquisition is expected to help in its turnaround. The brand has said that September 2018 will see a brand relaunch and is expecting a consequential improvement in sales. J.Crew is also implementing cost-cuts, increasing its digital outreach as well as reorganizing sourcing strategy by way of cost negotiations. 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Bank Bank Account No.: 018110100003408 IFSC Code No.: BACB0000018 Bank Branch: Gokhivare, Vasai East All DDs/Cheques in FAvour oF: GlobAl TexTiles & AppArels Global Textiles & Apparels is connected with: - - - - - - - - 1+3 Subscription for 12 Months Daily Updated News – Textile / Apparels / Associations/ Technology etc. Updated Analysis, Data’s & Statistics Import / Export / Shipment Records Expert Views, Comments, Market Information & Technological Development Download Global Textiles & Apparels E- paper More than 1,00,000+ Daily Readers For Advertisement contact us on: 9834710185 / 9923581468 or mails us at [email protected], [email protected], [email protected] 03 Lacoste launches new apparel line France: Lacoste has launched its first Olympic heritage fashion collection to celebrate the 50th anniversary of summer Olympics. The French retailer has inked an agreement with the Internati