Home / Knowledge / News / Textiles / Sales of textile & clothing plunges
Sales of textile & clothing plunges
08
Oct '09
The data from Czech Association of the Textile, Clothing and Leather Industries (ATOK) reveals that the sales of textile and clothing companies fell by 14.1 percent to Kc21.3bn in first half of the current year.

Textile sales tumbled down by 13.5 percent and came to Kc17.7bn, whereas sales of clothing items dropped to Kc3.7bn, recording a plunge of 16.7 percent. This fall in sales follows a fall in the whole economy.

Results for any month in the first half of the current year were not as worse as the results for December 2008, which may reflect stabilization in the sector, said the association.

During the first six months of the current year, the average numbers of employees in textile and clothing production were 41,000, recording a drop of 21.3 percent. In textile production, the number of employees fell down by 20 percent to 25,000 workers and that of in clothing production to 16,000 workers.

There is a year-on-year increase in average monthly wage of the textile and clothing industry by 6.7 percent to Kc15,200. Average income of the workers in textile production was Kc17,700 a month, which is Kc3,800 more than in clothing production.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X