All articles by prameela vegi
prameela vegi
Pakistan Leather Industry Push for 24/7 Gas Supply
Chairman of the Pakistan Tanners Association, Abdul Salam has urged the federal minister for gas and petroleum to ensure the supply of gas to the leather industry located at Korangi industrial area is on 24/7. A non-stop supply would ensure the industry will be able to continue processing raw hides and skins in time, against the commitments to secure important foreign exchange for the country.
China Boycott Prompts H&M Sales Slump
Swedish fashion giant H&M saw its sales slump in China, months after it became the target of a Chinese boycott. H&M was one of several brands that raised concerns over alleged human rights abuses against Uyghur Muslims in China’s Xinjiang province. In March, H&M was removed from the Chinese online retail platform Tmall and domestic phone makers’ app stores after it expressed concerns about the alleged use of Uyghur forced labour in cotton production. The company’s statement led celebrities to cut ties with the brand and e-commerce platforms to drop H&M. The sales slide came even as H&M’s global business returned to profit as the impact of the pandemic eased.
South African Industry Flailing
South Africa’s clothing industry has not avoided the impact of the Covid-19 pandemic, with retail sales showing the worst decline ever recorded. However, according to local manufacturers, they are pulling out all the stops to snatch back the market share from imports, as they continue to face supply chain disruptions brought on by the pandemic.
Richemont Acquires Delvaux
Swiss-based luxury goods firm Richemont has acquired Belgian handbag and leather goods maker Delvaux in a private transaction, the group said on Wednesday.
Tamil Nadu Leather Benefits from Reasonable Lockdown
A well-planned lockdown with reasonable restrictions and relaxations seems to have protected India’s leather industries from complete failure, as exporters are getting through the hard times with only minimal production losses.
Turkish Manufacturing Sees Year High
Turkey’s manufacturing industry capacity utilisation rate rose to its highest level in one and a half years, in June on a monthly basis, according to official data announced last week. The industry used 76.6% of its capacity this month, up 1.3 percentage points from last month, a Central Bank of the Republic of Turkey (CBRT) survey revealed.
Zimbabwe Bulawayo Leather Sector Trade Fair Ready
Zimbabwe leather sector players, based in Bulawayo, are seeking to use this year’s Zimbabwe International Trade Fair (ZITF) to showcase their products and improve on quality standards while leveraging on feedback from the market to enhance exports.
New Kanpur Leather Park
The Uttar Pradesh government is seeking to restore the industrial charm of Kanpur, also known as the ‘Manchester of the East’. Chief minister Yogi Adityanath-led state government is developing a Mega Leather Park, the first leather park in the country, as part of the Mega Leather Cluster Project in Kanpur spread over an area of 235 acres. The park project is aimed at reestablishing Kanpur as the textile hub and leather city.
India’s CLE Appoints New Chairman
The Council for Leather Exports (CLE) on Friday announced it has elected Sanjay Leekha as chairman and Rajendra Kumar Jalan as vice-chairman.
Pakistan Exports Soar
Pakistan’s textile and clothing sector exports have posted a near 19% growth in the current fiscal year compared to the same period a year ago, according to data released by the Pakistan Bureau of Statistics showed on Saturday. The growth in exports of value-added sectors contributed to an increase in overall exports from the sectors. One of the reasons for growth in these sectors is due to low-base of last year when export-oriented industries remained closed due to the Covid-19 lockdown and cancellation of orders from international buyers.