Vietnam is one of the fastest growing economies of the South-East Asian countries. Acquisition of WTO membership by Vietnam has boosted up the growth prospects for its textile and apparel industry. Increasing fashion consciousness of the Vietnam consumers also boost the market of branded apparels...
The Chinese textile industry has indeed hit a bad patch with several factors working against its competitive edge that it has all along enjoyed and helped it to position itself as numero uno in the world of textiles and apparels. But things have changed a lot for sometime; in fact ever since the economic meltdown cast its influence over the apparel demand the world over....
The much touted third "Stimulus Package" in as many months to boost the economy, proved yet another damp squib. The Government has once again stuck to its principled stand of not providing any relief to the economy in general and export sector in particular. There is nothing sector- or industry-specific provision of relief and has brushed the total economy with the same paint....
The much talked about recession still keeps sending shivers, with its adverse effects seen all around the globe. Garment exporters have already felt the heat with declining orders, and importers demanding for more price cuts. Shipment of garments is further expected to decrease in the coming months of March and April....
A month can make such a difference! Oscar night is finally over and the India centric Slumdog Millionaire has won 8 Oscars, which is a feat that has put really India in the center of Hollywood and in fact the world. When the author wrote the February column, Slumdog Millionaire had 10 nominations and in this intervening month this India centric film was talk of the world which eventually...
The 'R' word, 'Recession' is a predicament behind every country's economy, and is scary to both individuals and businesses alike. Businesses are down with low sales resulting in declined profits. Investors are seldom found, or even non-existent; to be expressed in a better-bitter way. Reduced sales force the firms for a price cut developing price wars....
