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October 20, 2011

Global news roundup

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

The following is a round-up of apparel and footwear news from the world’s local media. just-style has not checked these stories so cannot guarantee their accuracy.

Japanese trading house Itochu has said that it will step up its efforts to promote organic cotton clothes in co-operation with Japanese organic products distributor from next spring. Itochu and Kurkku will partner with more than 30 major apparel firms and department stores to produce T-shirts made from cotton grown without agricultural chemicals or chemical fertilizers. JIJI PRESS.

Prada is expecting to see strong growth in China, with sales expected to triple in the coming years. Deputy chairman Carlo Mazzi reportedly told reporters that about 40% of the Italian fashion house’s business is from Asia and it may rise to 50% next year. REUTERS.

Nike plans to invest “very aggressively” in China, as part of plans to double sales in the country by 2015, company president Charlie Denson said. The company has more than 7,000 retail stores in the country, with plans now to expand into second and third-tier cities. CHINA DAILY.

Armenia has recorded an increase in textile product exports in the first eight months of the year. The chief of the country’s economy ministry said the country has seen exports grow by 33.9% to AMD1.6bn. Germany and other European countries as well as Canada and CIS countries, particularly Russia were the main importers. ARKA.

Desigual is looking for partners to enter India. The company’s CEO Manel Adell told The Hindu that the clothing retailer will enter India through joint ventures and are on the lookout for local partners. It is looking for a partner with expertise in the market THE HINDU.

Tunisian textile and clothing exports have risen 8.3% to TND3.9bn between 2010 and 2011 as imports climbed 9.3% to TND2.7bn. The largest increases were seen in thread, which saw a 21%, denim, which was up 14.6% and technical fabrics, which rose 13.9%. It’s main customers were France, Italy, Germany and Belgium. ZAWYA.

DuPont and South Korean company Kolon have continued their dispute over intellectual property claims in South Korea, after judges in the US ruled in support of Dupont. Prosecutors have said they are investigating the dispute over technology leaks around Kevlar. DuPont won a suit against Kolon in the US, arguing that Kolon stole technological information used to make the trademarked synthetic fibre. KOREA HERALD

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