Giant brands make big leap
The CMAI’s Apparel Index for the third quarter, FY2014-15 from October to December 2014, with overall Apparel Index value up at 5.01, once again revealed the low sentiment among small brands, those with turnovers of Rs 10 to 25 crore.
Cotton price decline continues
Cotton prices continue to decline in various parts of India, while the farmers are unhappy with the price ranging from Rs. 2,800 to Rs.3,200 per quintal. In 2013-14, the cotton fetched good price at Rs.5,500 to Rs.6,000 per quintal. Many farmers feel that unprecedented loss is incurred by them since the cotton cultivation cost has gone up.
Economy: US peaks, China moderate, EU lacklustre
In the global economy, diverging confidence indicators point to uneven expansion and producer confidence in manufacturing, says Edwin De Boeck, Chief Economist, KBC Group (a leading Belgian bank), while presenting his views in a Euratex convention in Brussels.
Cotton, yarn export rule eased
With the continuous decline in prices of cotton and yarn, and marked drop in buying of cotton from China, the Union Government is making attempts to bail out the domestic industry and farmers in India.
Big brands grow by 9.98 points: CMAI Apparel Index
CMAI's Apparel Index this Quarter (July-Sept Q2 FY 2014-15) clearly sets apart the performance of two sets of brands. First, the ´Big Brands´, those with a turnover of Rs 25 crore
Cotton fall triggers off big MSP operation
The Cotton Association of India (CAI) has placed the cotton crop for the season 2014-15 beginning on 1st October 2014 at 405.50 lakh bales of 170 kg. each.
Cotton prices fall, acreage rises
With cotton prices falling below the minimum support price levels, the Cotton Corporation of India has begun procurement in the select markets of Karnataka, Telangana, Andhra Pradesh and Maharashtra