Loosing GSP will hamper Sri Lankan’s apparel exports, reduce profit ma…
The European parliament’s recommendation to suspend Sri Lanka’s GSP+ status comes as a huge blow to the country’s apparel industry – which accounts for 47 per cent of the nation’s exports and 15 per cent of its industrial employment. As per a Daily News report, the Generalized Sy... Read more
Export incentives, diversification can help India gain market share in…
Over the last two decades, the contribution of cotton yarns in India’s total textile exports declined to 1 per cent approximately. As per a CRISIL report, the decline is mainly attributed to the lack of free trade agreements (FTAs) and increased competition from neighboring countries. The textile sector... Read more
Increased production reflects on VSF as imports drop
Despite Viscose Staple Fiber (VSF) production being more expensive than the production of Viscose Filament Yarn (VFY), global VSF production increased from 342 million kg in 2015-16 to 578 million kg in 2019-20. As per a Textile Value Chain report, this led to a decline in VSF imports by major countries. Chi... Read more
Pandemic reinvents fashion e-commerce as e-tailers become more efficie…
Following the outbreak of COVID-19, fashion retailers were forced to accelerate their e-commerce strategies overnight to restrict dwindling sales. Around 27 fashion companies filed for bankruptcy during from April 2020. They had to also move their stocks to shippable locations as digital purchases increased a... Read more
Singed by the pandemic, textile machinery sector sees a sharp drop
Like other sectors, the textile machinery segment has also suffered from COVID-19-induced downturn. Released by the International Textile Manufacturers Federation (ITMF), the 43rd annual International Textile Machinery Shipment Statistics (ITMSSS) show, global shipments of all types of textile machines in... Read more
Fashion industry needs to operate as per highest environmental, social…
Efforts at increasing transparency in the fashion industry seem to be failing with just 25 per cent apparel brands surveyed by Fashion Revolution in its annual ranking being honest about their carbon emissions. Less than 20 per cent disclosed the amount of carbon content in their raw materials, says an Edie r... Read more
IWTO: Encouraging young professionals for a career in the wool industr…
The global authority for standards in the wool textile industry, the International Wool Textile Organization has been representing the collective interests of global wool trade since 1930. Having over 33 members in 23 countries across the world, the IWTO has been running a successful Young Professionals progr... Read more
Body inclusivity and diversity to be keys to brands’ future success
Victoria’s Secret’s delay in embracing inclusivity and body positivity has proved to be a boon for other brands who have slowly made way to the top slot in the global lingerie market. In the past 10 years, Victoria’s Secret’s share in the global intimates market has halved fr... Read more
China eyes a more sophisticated, sustainable textile sector in next fi…
The current global economic scenario has compelled China to halt expansion plans. However, in the next five years, China plans to make its textile and clothing industry more sophisticated and technology-driven, reveals the 14th Five Year Plan released by the China National Textile and Apparel Council (CNTAC).... Read more
Pakistan lines up $5 billion investment across textile value chain by …
A vital sector for economic growth, the Pakistan textile industry has embarked on an ambitious plan to double exports by 2025. The industry has earmarked a $5 billion investment across textile value by the end of target year. It has already noted a growth in new orders that would help sustain for next few yea... Read more
Nw textile strategy can help Pakistan restrict cotton export decline
The country’s booming textile exports have given Pakistan government a reason to celebrate amid the COVID-19 gloom. As per a Daily Times report, Pakistan’s garment and apparel exports grew 9.06 per cent to $11.35 billion in Q1FY21 from 10.41 billion in the corresponding period last year. The c... Read more
Reshoring, the key to revive lost American apparel glory
The growth in demand for medical textiles and protective clothing made within the country has spurred demand for reshoring in the US. As per an Apparel Resources report, Americans no longer wish to be dependent on China for apparel manufacturing due to rising labor costs. Labor wages in China have been rising... Read more
Stoking patriotic fervor, global boycott boosts domestic sales of Xinj…
With jump in sale of some Xinjiang manufacturers, foreign brands’ boycott of Xinjiang cotton has stoked patriotic fervor among Chinese consumers. A report by the Global Times says, the boycott has led to local Xinjiang companies stepping up efforts to introduce new techniques to improve the quality of X... Read more
COVID-19 impacts textile machinery shipments across the world
Experiencing a complete knockout due to the pandemic outbreak, the global textile machinery market slumped 30 per cent in 2020. Shipments of all types of textile machines including spinning, texturing, weaving, knitting and finishing machines declined during the year. As the 43rd annual International Textile ... Read more
India’s credit volume declines as COVID-19 halts textile and apparel p…
The third edition of India Spotlight Report reveals, suspension of manufacturing due to COVID-19 led to a 20 per cent decline in credit borrowings by Indian textile and apparel sector in December 2020. The report released jointly by SIDBI and CRIF High Mark says the textile and apparel sector in India burrowed loan... Read more
Vietnam eyes $39 bn exports through FTAs, diversification and trademar…
The Vietnam National Textile and Garment Group (Vinatex) has set an ambitious target of achieving $39 billion in export revenue this year, equal to that of 2019. Last year, the group could achieve exports worth only $35 billion due to the pandemic, US-China trade tensions and Brexit. However, Vietnam was th... Read more
Pandemic disrupts US RMG market as import of knitted, woven apparels f…
One of the leading importers of apparels goods in the world, the US’ import knitted apparels however, fell from $48 million in 2019 to $38 million in 2020 due to the pandemic. US’ imports from China declined to $9million during 2020 from $14 million in 2019. One reason for this was the ban i... Read more
Made-to-order, renewable materials help W Africa boost sustainability …
As the textile and fashion sector is expected to drive West Africa’s economic recovery post COVID-19, key players are exploring ways to make the industry more sustainable. As per an Investorsking report, textile and apparel companies are adopting new and sustainable means of production. For instance, UK... Read more
China’s price rise threatens recovery of western apparel markets
Increase in China’s raw material prices in the first quarter of this year has raised concerns about spiking inflation in Western fashion markets. As per the National Bureau of Statistics, China’s producer-index rose 6.8 per cent in April. The index is likely to further surge in the second and thir... Read more
Innovation key highlight at ITMA 2023
ITMA has announced it will continue to present and share innovative manufacturing technology and materials with the industry at its 19th edition in Milan.... Read more
Santoni launches new XT intarsia machine
Leading Italian circular knitting machine builder SantoniSpA has launched its new unique XT intarsia machine that combines all of the knitting possibiliti... Read more
Gartex Texprocess to be launched as a hybrid event
In conjunction with MEX Exhibition, Messe Frankfurt Trade Fairs India will hold Gartex Texprocess India as a hybrid event. The event will scheduled alongs... Read more
Kornit Digital reports revenues of $57.4 million in Q3
Kornit Digital reported revenues of $57.4 million in its third quartercompared to $47.3 million, net of $2.4 million attributed to the non-cash impact of ... Read more
FESPA expo attracts over 200 exhibitors
To be held from March 9 to 12, 2021, FESPA Global Print and European Sign Expo 2021 are attracting a good line-up of exhibitors who are enthusiastic to en... Read more
Vardhaman Textiles records 589% jump in Q2 FY21 profits
Vardhaman Textiles reported a 589.5 per cent jump in net profit during the seco... Read more
Meryl makes an impact with its unique polyamide yarns
Meryl Medical’s fabrics are based on the Meryl range of polyamide 6.6 yar... Read more
Pakistan knitwear export up 36 per cent
Pakistan’s knitwear export surged 36.57 per cent during 2020-21 over 2019... Read more
Telangana emerges India’s top cotton supplier
Telangana is India’s top supplier of cotton and the second biggest suppli... Read more
Filatex increases polyester capacity
Filatex will increase polycondensation capacity by 50 TPD and set up additional... Read more
Century Textiles sells yarn and denim to Manjeet Cotton
Century Textiles has sold its yarn and denim units to Manjeet Cotton. The compa... Read more
China adds to ginning capacity as cotton prices rise
In recent years, China’s ginning capacity has risen fast, especially in 2... Read more
Amritsar textile faces tough times as Covid hits business
The textile industry in Punjab’s Amritsar’s is grappling with the t... Read more
Century Textiles net sales up 111 per cent this quarter
Net sales of Century Textiles grew 111 per cent during the quarter. Ebitda (ear... Read more
Germany’s Sympatex Technologies makes it to B Corp list
Sympatex Technologies has been certified as a B Corporation company. This Germa... Read more
Houdini shifts to cloud
Swedish circular sportswear brand Houdini is committed to digitizing and connec... Read more
Ongoing Colombia shows attract buyers, exhibitors from across Latin America
The ongoing fashion and textile trade shows Colombiamoda and Colombiatex in Col... Read more
Germany ready to host Innatex
Innatex will be held in Germany, July 31 to August 2, 2021. More than 200 label... Read more
China cotton lint imports up 146 per cent
China’s imports of cotton linter in the first half of 2021 were up 146 pe... Read more
Pandemic fails to break Jordan’s apparel industry
Jordan’s garment industry has been spared the worst effects of the pandem... Read more
Nike’s output hit by shutdowns
Some of the world’s biggest footwear and garment companies are seeing pro... Read more
Lenzing webinar focuses on sustainable fashion
A webinar organized by Lenzing on July 21, 2021, explained how sustainable fash... Read more
Isko and HKRITA develop recycling technique
Top denim brand Isko has signed a licensing agreement with textile research and... Read more
Guess reduces reliance on China for sourcing
Guess is relying more on suppliers from Bangladesh and India and less on China ... Read more
Ghana’s textile and apparel sector hit by low cost China exports
Low-cost and high-volume apparel exports from China and other Asian countries i... Read more
Bangladesh to increase focus on synthetic fibers
Bangladesh will invest in synthetic fibers. The country sees this as the future... Read more
Home textile orders flood Bangladesh
At least eight companies from Europe and the US, who used to buy home textiles ... Read more
Pakistan’s textile exports rise by 23% in FY2021
As per the statistics released by the Pakistan Bureau of Statistics, Pakistan&r... Read more
Over 700 visitors attend second edition of Texworld Evolution Paris
The second edition of Texworld Evolution Paris Showroom was attended by over 70... Read more
Isko to join The Jeans Redesign Project
Denim manufacturer Isko plans to join The Jeans Redesign project launched by th... Read more
Garmon Chemicals opens new laboratory in China
A new laboratory by Garmon Chemicals, Kemin Industries’ textile auxiliari... Read more
Intertextile Shanghai Home Textiles-Autumn to host over 800 exhibitors
The 27th edition of Asia’s leading international trade fair for home and ... Read more
EcoVadis awards Lenzing platinum status in CSR rating
World’s largest provider of sustainability ratings, EcoVadis has awarded ... Read more
Bihar plans new textile policy, industrial units in state
Syed Shahnawaz Hussain, Industry Minister, Bihar has announced plans to set up ... Read more