Turkish stylists take some tips from italian fashion course

Thirty young Turkish stylists are a step ahead on their industry's competitive catwalk after completing a special two-month training course in this city. The course was organised by the Ankara Clothing Industrialists Association ... More

Textile trade balance between Turkey and Greece negative for the latter

After a targeted campaign, Turkey has become Greece’s preferred exporter of ready-to-wear clothes and other textile products in recent years. Data provided by the Turkish-Greek Chamber of Commerce and Turkey's External ... More

IMF reacted to the VAT Discount in Textile

The International Monetary Fund (IMF) reacted to the 10 percent drop in VAT (from 18 percent down to eight) in textile sector by saying on the Fund's website that the reduction meant missing the program target, and would put off ... More

The Privatization Agency invite bids for majority stake in apparel maker Yumco

The Privatization Agency is readying to call a tender for the sale of the state’s 56% stake in Vranje-based apparel producer Yumco. The sell-off authority has invited Yumco’s creditors to file proof of their claims ... More

Italians leased land in industrial zone of Zrenjanin

Contract of leas of land on 99 years in the industrial zone in Zrenjanin, was signed between the representatives of textile industry Pompea spa from Italy and local department of Zrenjanin. Contract about giving land was signed ... More

Textile Crisis begins to affect industry giants

The Turkish textile sector, known as the locomotive of export, has begun to feel the affects of the crisis due to competition from China, high taxes and high valued YTL. Some companies have moved their factories abroad and ... More

Belgrade to host 3rd International Textile Fair

The third International Fair of Textiles for the Home will be held at Belgrade Fair Grounds on February 16-19. More than 180 companies from 18 countries are expected to display at the Domo Expo Balkan 2006, which is expected to ... More

The British offer €3m worth of business deal to Serbian textile companies

The representative of British company Next, Steven Hasvel offered business deal worth €3m to Serbian textile companies. The offer is about production of 600,000 shirts. If the cooperation is established, 1.5 million ... More

Textile Industry needs reform to stem crisis

The Greek textile industry must adopt a single strategy to deal with the crisis hitting the sector and aim to restruct the industry, the Institute for Economic and Industrial Research (IOBE) warned today. Releasing a report, IOBE ... More

Sremska Mitrovica: Coats for German market

Last autumn, Sremska Mitrovica-based company "Sirmodeks", in cooperation with factory "Okiteks", started production of winter coats for German market. The manager of "Sirmodeks", Pero Topić, pointed out that the German ... More

Privatisation of two wool-producing complexes

Two wool-producing complexes, Vunarski Kombinat Beograd (BVK) and Leteks of Leskovac, will be put up for auction sale at the end of February. Announcing the move, BVK director Rade Radulovic said the two complexes were currently ... More

Turkish Textile cries out for help

The Turkish textile industry has seen a slow down its activities as the cheaper labor force and energy costs in China and India, along with high value of New Turkish Lira (YTL) negatively impact the local market. One of the ... More

World's elite prefers to wear turkish jeans

Turkish textile manufacturers top the world markets with quality products in the face of cheap chinese competition. Turkish denim producers make up 28 percent of the country’s total textile exports in 2005, and clothe the ... More

Textile exports top the USD 3 million mark

Turkish exports of apparel and clothing accessories (knitted) have topped USD $3 million, snaring 10.6% of total exports. Figures released today show the precise exports for the category reached USD $3,069 million. In apparel and ... More

SERBIA:Annual textile smuggling worth 700 million dollars

Textile smuggling in Serbia is worth over 700 euro million each year, with the state losing around 200 million euro in unpaid taxes and contributions. At a news conference here today, Union of Manufacturers of Textiles, Clothing, ... More

Serbia-Italy: Textile companies launch new joint brand

Textile companies from Serbia and the Italian province of Bari will unite to create the 'Terra di Bari' commodity brand. Bari Region head Vicenzo Divella announced the new trade initiative at a meeting with the Serbian Chamber of ... More

Clothes Maker Jutranjka Files for Bankruptcy

Bojan Vodopivec, the manager of the Ljubljana-based company Stanfin, rejected the last bid of Jutranjka management board for a supply of fresh capital, suggesting the children's clothes maker should file for bankruptcy. One of ... More