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Rising inflation indicates a negative outlook for Asia’s textile and a…

Rising inflation indicates a negative outlook for Asia’s textile and apparel exports in 2022

  Recently released statistics by the CCF Group indicate, textile and apparel shipments of Southeast Asian countries rose in value and volume on a year-on-year basis while they declined on a month-on-month basis in May 2022. Ttextile and apparel exports from Bangladesh and India fell by over 10 per cent whi... Read more

India needs TMC 2.0 to regain lost glory in cotton production

India needs TMC 2.0 to regain lost glory in cotton production

  India’s cotton consumption is likely to exceed its current crop this season. Consumption is likely to reach 360 lakhs bales while production will reach only 350 lakh bales. Of the total cotton produced, exports will be around 45 lakh bales. This will create a shortage of 55 lakh bales this year, whi... Read more

Productivity enhancement can help elevate workers’ conditions in Asia’…

Productivity enhancement can help elevate workers’ conditions in Asia’s garment sector: ILO

  Traditionally, the global hub of garment production, Asia continues to maintain its dominance across the world. However, off late, the region’s garment sector has been facing certain challenges induced by the pandemic, says a new report by the International Labor Organization (ILO). The report stat... Read more

Euratex launches ReHubs initiative to recycle 2.5 million tons of text…

Euratex launches ReHubs initiative to recycle 2.5 million tons of textile waste by 2030-end.

  Textile recycling industry is expected to provide social, economic and environmental benefits to around €4.5 billion by 2030. It would also create 15,000 new jobs by the period besides increasing the need for nearshoring and reshoring of textile production, as per the Techno Eonomic Study by Euratex&... Read more

ITMF annual conference returns as in-person event after three years in…

ITMF annual conference returns as in-person event after three years in Davos

  ITMF will hold the physical edition of its annual conference after a gap of three years from September 18-20, 2022 in Davos, Switzerland. The event will be hosted by Swiss Textiles and Swiss Textile Machinery. The theme will be: Climate Change and a Sustainable Global Textile Value Chain. It will focus ... Read more

Cotton demand, production, supply remain below estimates during the 20…

Cotton demand, production, supply remain below estimates during the 2021-22 season: CAI

  Against its earlier prediction of cotton production reaching 323.63 lakh bales of 170 kg each, during the 2021-22 season, Cotton Association of India (CAI) now estimates, cotton production for the season, starting from October 01, 2021 to May 2022, declined by 8.31 lakh bales to 315.31 lakh bales of 170 k... Read more

India’s textile dyes market to grow to $8 billion by 2031: IBEF

India’s textile dyes market to grow to $8 billion by 2031: IBEF

    The latest India Brand Equity Foundation (IBEF) report forecasts, India’s textile dyes market will grow to $8 billion by 2031. Most of the growth will be stimulated by rapidly evolving fashion trends encouraging manufacturers to experiment with new color combinations and designs. The market wi... Read more

Acute shortage compels Indian mills to import cotton yarn to keep unit…

Acute shortage compels Indian mills to import cotton yarn to keep units operational

  Traditionally, a major cotton exporter, India, for the first time is importing cotton yarn to guarantee uninterrupted supply to weavers and textile mills. Traders are selling imported cotton yarn at Rs 30 per kg lesser than the price of the local yarn, adding further pressure on dwindling profit margins. ... Read more

Customs delays, higher freight rates impact China’s spandex imports fr…

Customs delays, higher freight rates impact China’s spandex imports from January to April’22

  Net data from China Customs shows, China reduced its spandex imports 20.7 per cent to 7,140 tons from January-April’22 while exports declined only 9.5 per cent to 29.6000 tons from January-April’22. China’s net exports declined 5.1 per cent on annual basis and continued to fall month by ... Read more

Turkiye’s textiles and raw materials exports sees over 12% risefrom Ja…

Turkiye’s textiles and raw materials exports sees over 12% risefrom Jan-April’22

    Turkiye’s textiles and raw materials exports increased 12.4 per cent to $4.6 billion during January-April 2022 compared to the same period of previous year. As per a Textile Intelligence report, exports of textiles and raw materials surged 13.7 per cent to $1.2 billion in April 2022 compared t... Read more

New technologies can add more value to Bangladesh RMG exports: BGMEA

New technologies can add more value to Bangladesh RMG exports: BGMEA

  A massive work order from global fashion brands and buyers led to Bangladesh’s RMG exports rising 33.81 per cent to $31.43 billion during the July-March FY2021-22 period.Though the textile and garment sector in the country is witnessing an excellent flow of orders, supply gain glitches, constant pow... Read more

India’s textile industry revenue sees phenomenal growth with 85% rise …

India’s textile industry revenue sees phenomenal growth with 85% rise in FY’22: Wazir Advisors

  India’s textile industry saw phenomenal sales and EBITDA growth in FY22 over pre-COVID levels, shows latest Wazir Textile Index compiled by Wazir Advisors for the year FY22. The index based on the analysis of 10 companies highlights, overall grew by 18 per cent Y-o-Y since 2020. Welspun India record... Read more

Production cost of woven fabric remains highest in Italy, lowest in In…

Production cost of woven fabric remains highest in Italy, lowest in India: ITMF report

    Producing one meter of woven fabric from cotton 1-1/8" in a continuous open width process (COW) costed $1.36 /metre on average in 2021. Cost was highest at $1.91/metre in Italy and lowest in India at $1.11/metre, reveals latest edition of International Production Cost Comparison (IPCC) from Internat... Read more

Decrease in crop size leads to cotton consumption outpace production i…

Decrease in crop size leads to cotton consumption outpace production in 2021-22: ICAC

  This latest edition of Cotton This Month shows, a decrease in the size of cotton crop in top cotton producing countries like India, Argentina and South Africa that has resulted in consumption outpacing production in the 2021-22 season. Consumption to exceed production by 265,000 tons Yield of smaller-th... Read more

Nigeria’s textile industry may lose millions of jobs on further declin…

Nigeria’s textile industry may lose millions of jobs on further decline, warn experts

    A strong pillar of its economy in the past, Nigeria’s textile industry is currently on the brink, having shrunk from 175 firms in 1985 to less than 20 in 2022. The sector’s employment has declined from 137,000 jobs in 1996 to less than 20,000 now. Nigeria’s textiles exports suffere... Read more

China to focus on new markets to boost textile and apparel competitive…

China to focus on new markets to boost textile and apparel competitiveness

    To maintain its competitiveness, China's textile and apparel sector plans to develop innovative fibers and focus on sustainable production while expanding its reach to markets covering the regions included in the Regional Comprehensive Economic Partnership agreement. China’s textile and garme... Read more

Candiani, Lenzing join hands to launch new denim fabric with alternati…

Candiani, Lenzing join hands to launch new denim fabric with alternative fibers

  Italian premium denim manufacturer Candiani and specialized manufacturer of cellulosic fibers, the Lenzing Group have collaborated to sensitize consumers and industry leaders on the growing need to be sustainable and adopt fabrics made from alternative fibers like hemp. As per a Spin Off report, the colla... Read more

Sri Lanka needs new reforms to accelerate sector growth: JAAF

Sri Lanka needs new reforms to accelerate sector growth: JAAF

  Sri Lanka’s textile and apparel sector may face serious consequences if policy makers fail to introduce new reforms to accelerate its growth, warns the Joint Apparel Association Forum (JAAF). Sri Lanka’s textile and garment exports increased 10.8 per cent in the first quarter of 2021 to $1.5 b... Read more

Removing ban on Uzbek cotton benefits both, global textile sector and …

Removing ban on Uzbek cotton benefits both, global textile sector and domestic economy

    With the former Soviet republics altering ties with Russia, it has become imperative for Central Asian states to find alternative markets for their products to shield their economies from Russia’s impending economic collapse. Only a more economically prosperous Uzbekistan can help protect Cent... Read more

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British Wool purchases new facility in Selkirk

   British Wool has purchased new premises in Selkirk, which will replace its curr... Read more

Bangladesh participates in Techtextil 2022

   For the first time, Bangladesh is participating in Techtextil 2022, which is ex... Read more

Ecosensor by Asahi Kasei Advance launches Spring/Summer 2023 collection

   The Japanese textile manufacturer Ecosensor™ by Asahi Kasei Advance has l... Read more

Filidea Technical Yarns participates in TechTextil

   Filidea Technical Yarns, the Filidea section specializing in development and pr... Read more

Brazil imposes anti-dumping duty on textured synthetic filament polyester y…

   Brazil has imposed an anti-dumping duty on textured synthetic filament polyeste... Read more

KraigBiocraft Labs selects manufacturer for first apparel line by Spydasilk…

   KraigBiocraft Laboratories, Inc, the biotechnology company focused on the devel... Read more

Government to set up 75 textile hubs to support exports: Piyush Goyal

   The Indian government plans to setup 75 textile hubs like Tiruppur to support t... Read more

Garment manufacturers’ revenues to increase 9-11% this fiscal: CRISIL

   Revenues of garment manufacturers could increase 9-11 per cent this fiscal to 1... Read more

Brazil to boost Asian partnership with cotton supply to Bangladesh

   Brazil is looking to enter strategic partnerships in Asia by increasing its cot... Read more

Klopman exhibits at Techtextil Frankfurt

   Klopman is exhibiting at Techtextil Frankfurt, the most important trade fair fo... Read more

GHCL inaugurates new spinning unit in Madhurai

   India's leading Chemical & Textile Company, GHCL has inaugurated its new sp... Read more

Super Tax may slow down economy: PHMEA

   Rejecting the government’s 10 per cent Super Tax, Pakistan Hosiery Manufa... Read more

New York Textile Week to host many new shows this July

   Hordes of new fabric events will be held at the upcoming New York Textile Week ... Read more

India’s basic textiles exports decline 25% Y-o-Y in May 2022

   India’s exports of basic textiles declined 25 per cent Y-o-Y and 6 per ce... Read more

China’s polyester yarn exports surge 56.9% in May

   China’s polyester yarn exports grew 56.9 per cent Y-o-Y and 29.6 per cent... Read more

Increase in source tax may lead to huge losses in the industry, warn Bangla…

   Bangladesh apparel industry may face huge losses despite incorporating some ini... Read more

China’s spandex imports decline 7.4%

   Latest data from China Customs shows, China’s spandex imports declined 7.... Read more

Kitex’s textile units progressing as per schedule

   Work on Kitex’stwo facilities– one in the Kakatiya Mega Textile Par... Read more

US passes new law to prevent imports made with forced labor

    From June 21, the US government has passed a new law to prevent import of g... Read more

Itema to showcase weaving machines at Techtextil

   Itema, the leading Italian manufacturer of advanced weaving solutions, includin... Read more

Uster launches EVS Fabriq Vision

   Uster has launched a new product -- the Uster EVS Fabriq Vision -- that makes p... Read more

UP government plans textile and apparel parks in the state

   The Uttar Pradesh government plans to attract more investments by building new ... Read more

Infinited Fiber Company to set up regenerated textile fiber factory at Lapl…

   The Finnish fashion and textile technology company Infinited Fiber Company plan... Read more

West Bengal to boost garment industry with an apparel hub in Maheshtala

   The West Bengal government plans to boost the state’s garment industry by... Read more

Vietnam’s garment-textile exports to suffer in second half of the year: VIT…

   Despite positive results in the first half the year, Vietnam’s garment an... Read more

ITM 2022 achieves €1.5 billion sales in five days

   The ITM 2022 Exhibition achieved sales worth €1.5 billion in 5 days with i... Read more

China: CCCT to promote high-quality development of textile industry

   China Chamber of Commerce for Import and Export of Textiles (CCCT) plans to pro... Read more

Class launches Smart Shop at 10th Future Fabrics Expo

   The international eco hub Class launched its Smart Shop’at the 10th editi... Read more

Huntsman Textile Effects to showcase extensive solutions at Techtextil

   A global leader in innovative solutions and environmentally sustainable product... Read more