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

  • A number of hosiery manufacturing units are facing closure due to shortages of cotton yarn and rising yarn prices, according to the president of the Federation of Hosiery Manufacturers’ Association of India. The situation is said to have deteriorated in the last two weeks, putting the knitting units on the brink of closure. Upstream bleaching, dyeing, cutting and tailoring units will also be hit by the lack of fabrics, the Association said. STATESMAN NEWS SERVICE
  • Over 1,650 containers, each carrying 18 tons of yarn, are said to have accumulated at Karachi Port since the government imposed a 15% regulatory duty on yarn exports from Pakistan in May. Despite issuing a one-time waiver on 4 June to allow duty-free exports of 32,000 tons of yarn for which letters of credit were opened before 12 May, the Textile Ministry still hasn’t set up a committee to check the letters of credit. THE NEWS INTERNATIONAL
  • The slow delivery of raw materials imported into Chittagong port is worrying apparel manufacturers. Delays of around 10 days after the arrival of the vessels are being reported since the Chittagong Port Authority took charge of cargo handling last month. This compares with just two or three days before. The lag is also creating worries over the production and shipment of garments. THE FINANCIAL EXPRESS
  • High material costs have hit Vietnam’s textile firms, with cotton costs up 25% and fibre up 34% according to the Ministry of Industry and Trade. The textile and garment industry is particularly hard hit because it must import 80% of its materials. ASIA PULSE
  • Indonesia and Mozambique plan to increase cooperation in trade and investment after signing a bilateral trade agreement between the two countries. Indonesia initially plans to import cotton from Mozambique to make products that will be re-exported back to that country. The value of Indonesia’s cotton imports from Mozambique could double in the coming years. THE JAKARTA POST