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Post-holiday sales surge, but season's profits might be mixed
California Apparel News
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The day after Christmas was one of the biggest shopping days of 2011, wrapping up the year with a big bang, mall managers and market analysts said. Mall parking lots were full, and cash registers were ringing all over California and the United States. As a result, market-research company ShopperTrak said that Dec. 26 was the fourth-busiest shopping day of the holiday season.
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Cotton: A smoother road ahead
Textile World
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After witnessing record-setting cotton prices in the 2010-11 marketing year, cotton growers across the globe reacted to the sharp rise in prices by significantly increasing the world's cotton acreage during 2011-12. However, in spite of earlier expectations of significantly higher world output, the cotton market struggled with serious setbacks during the 2011 summer production cycle.
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Stepping it up
Home Accents Today (blog)
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It seems like retailers and vendors are really stepping things up lately. And on the subject of "stepping it up," Home Accents Today had a really interesting conversation with Ridvan Tatargil, owner of Eastern Accents, during the October High Point Market. He said that he sees a disconnect on the retail floors at furniture stores, where there are separate buying teams for the furniture and accessories.
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Labor cost increases continue to hit Asian producers
Furniture Today (blog)
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Imagine getting a 20 percent increase in your paycheck almost overnight. Then several months later, imagine getting another 15 percent increase. Unrealistic? Unheard of? Well those are minimum wage increases that officials in China are requiring in parts of the country, including Shenzhen, a furniture manufacturing area in the Guangdong Province of southern China.
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Marketing questions to ask to grow in 2012
The Globe and Mail
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As 2011 comes to a close and 2012 opens up a slew of new challenges and opportunities, it's important to look back at how you handled your marketing to see what lessons can be learned for how to move forward in the year ahead. Asking yourself key marketing questions can help decide what programs and strategies worked, what didn't, and what changes you need to make in 2012.
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India government to restructure textile policy to encourage modernization
Yarns and Fibers Exchange
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While admitting that the textile industry has so far not been given the attention it deserves, India's Textile Secretary, Rita Menon, proposed wide ranging initiatives to be included in the 12th five year plan for the industry, especially the smaller powerloom clusters, so as to deal with the global challenges.
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APTMA urges Pakistani government to remove levy on petroleum products
Fibre2fashion
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The All Pakistan Textile Mills Association has urged the government to immediately remove the duty being levied on petroleum products. APTMA Group Leader Gohar Ejaz said in addition to removal of duty on petroleum products, the Government should equally distribute the 300MMCFD gas between the textile industry and the independent power producers.
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Motivational quotes to kick off your 2012
AG Beat
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A new year is here! This is your fresh start, your time to begin anew and with renewed vigor. It's a time to make resolutions, visualize goals and move forward toward success, growth and change. Commit to make 2012 your best year yet, a year that will bring you closer to achieving your personal and professional goals. Now is the time.
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