Industry

12/17/2010
Precious metals price forecasts
The price of gold, which hit a record high this month of $1,430.95 an ounce, is expected to remain well supported next year as investors favour the metal as a safe store of value amid...
12/16/2010
Consumption to boost growth despite jobs rut
U.S. consumers are spending more freely again, forcing many forecasters to revise up their estimates for economic growth now that a hotly debated tax deal in Washington is expected to...
12/14/2010
EU clothing imports: lowest since 2006
EU clothing imports declined in value terms by 6.7% to 56.17 billion euros in the year ending June 30, 2010. This was the lowest level seen since 2006. Demand for clothing in 2010 will...
12/14/2010
India gold buying recoils as prices breach $1,400
India gold buying recoiled on Tuesday afternoon as prices extended gains for a second session to breach the $1,400 an ounce mark, though a stronger rupee kept the upside in domestic...
12/13/2010
India puts a cap on cotton export
The Indian government decided on December 1st to limit its cotton export to 720,000 tons. The new policy will be valid until mid January.
12/13/2010
Global Apparel Markets: Business Update, Q3 2010
Clothing market demand in Europe is forecast to grow by 2.5% per annum between 2009 and 2014. In the first half of 2010, Chinas clothing exports increased by 16.2% and US clothing imports...
12/12/2010
Multinationals moving to inland China
A clutch of companies has recently announced plans for a sales drive in smaller Chinese towns and cities where they see potential for strong revenue growth.
12/12/2010
Bangladesh police break up workers protests: three dead
At least three people were killed and more than 250 others were injured when police fired tear gas and rubber bullets to disperse wage protests by textile workers in Bangladesh on Sunday.
12/9/2010
Jewellers shop around as gold price drops
Jewellers and investors flocked to the physical market on Wednesday after bullion prices slipped from an all-time high around $1,430 an ounce because of a firmer U.S. dollar, keeping...
12/8/2010
Chinese bid for troubled SAfrica gold mines
A state-owned Chinese mining firm is in talks to pay $100 million for control of an unlisted South African miner run by a nephew of President Jacob Zuma, the Business Day newspaper said...
12/7/2010
November retail sales growth slows
Retail sales growth slowed in November, as consumers proved reluctant to splash out on expensive items at a time of public spending cuts and higher taxes, a survey showed on Tuesday.
12/6/2010
Fashion designs to get copyright protection?
The Senate Judiciary Committee has just passed a bill granting limited copyright protection to fashion designs. In fashion time, that equals about a decade.
12/6/2010
Nigeria scraps ban on textile, furniture imports
The Nigerian government said it would abolish import bans on goods including textiles and furniture, a decision that could help attract retailers to one of the world's largest untapped...
12/2/2010
Fake gold scam hits Hong Kong goldsmiths: report
Hong Kong's myriad jewellers and pawn shops have been hammered by a gold scam after unwittingly buying hundreds of ounces of bogus bullion, a report said Thursday.
12/2/2010
US Senate panel acts to protect fashion
A key US Senate panel on Wednesday approved a bill to protect unique fashion designs -- like eye-catching, one-of-a-kind dresses worn on the Oscars red carpet -- from copycat manufacturers.