Apparel, Fashion, Retail

UK’s Latest Budget Will Not Help Fashion Retail Industry: BRC

Textile Insights March 8, 2024

Responding to UK’s budgetary announcement, UK apparel retailers and trade bodies said the latest budget will not help the fashion retail industry. On the other hand the UK government claimed its latest budget delivers lower taxes and more investment. The British Retail Consortium (BRC) in a

Technical Textile & Nonwoven

Heberlein Showing Technical Textile Technologies At Techtextil

Textile Insights March 8, 2024

Heberlein Technology will showcase unique technology for creating advanced technical textiles with exquisite characteristics at the upcoming Techtextil in Germany. Heberlein is a supplier of air interlacing and air texturing jets and will show critical components like the latest PolyJet-TG-3 that can influence both yarn properties and processes. According to the Swiss

Export

China’s Textile & Apparel Exports Up 14.26% In Jan & Feb

Textile Insights March 8, 2024

China’s textile and apparel exports in the first two months of 2024 stood at US $45.09 billion, up 14.26 percent compared to $39.46 billion in the same period of 2023. Of these, textile exports between January and February 2024 were $21.71, an increase of 15.5 percent over $18.79 billion in the same comparable period of […]

Apparel, Fashion, Retail

Sri Lanka’s Apparel Sector Unveils New Transparency Initiative

Textile Insights March 7, 2024

Sri Lanka’s apparel sector has unveiled a unified QR code system for clothing labels and is designed to significantly improve visibility throughout the entire supply chain. The Sri Lankan clothing sector by launching the code is responding to the global call for heightened transparency and sustainability in manufacturing practices. The garment industry has

Apparel, Fashion, Retail

US Bill Aims To Incentivise Fashion Reshoring & Circularity

Textile Insights March 7, 2024

A new US trade bill aims reduce reliance of textiles and apparel on Chinese imports and support domestic industry, while also boosting circular fashion offering US $14 billion in incentives. The Americas Trade and Investment Act seeks to encourage reshoring and near-shoring of manufacturing supply chains with a heavy footprint in China. It also aims […]

Apparel, Fashion, Retail

Swedish Apparel Retailer H&M Moves Towards Textile Circularity

Textile Insights March 7, 2024

H&M Group and Vargas Holding launched Syre, a new initiative to manufacture textile-to-textile recycled polyester fibre. Syre is also backed by TPG Rise Climate and aims to rapidly scale textile-to-textile recycling of polyester and contribute to a more sustainable textile industry. H&M Group has signed an agreement with Syre to purchase US $600 million worth […]

Policies

Selling Machine Made Products As Handmade Will Be Penalised

Textile Insights March 7, 2024

Textiles Minister Piyush Goyal warned of firm action against those selling machine-made products under the ‘Handmade in India’ label. Piyush Goyal said this during his interaction with beneficiaries of the textile sector and urged them to be vocal for local and take local to global. Also present during the interaction were Minister of State for […]

Sustainability

YKK Achieves Highest ‘A List’ Rating In 2023 CDP Survey

Textile Insights March 7, 2024

Garment accessories manufacturer YKK Corporation has for the first time achieved the highest ‘A List’ rating in the 2023 Climate Change survey conducted by environmental disclosure nonprofit, CDP. CDP evaluated over 21,000 companies based on information reported through its climate change, deforestation, and water security questionnaires. “Just under 400 or 2 percent of

Machinery

Rieter Bags Big Order For Combers & Draw Frames From Chinese Mill

Textile Insights March 7, 2024

Rieter has received an order for the first batch of Rieter technologies amounting to around CHF 62 million from Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW). Rieter also signed a partnership with DIW to develop intelligent yarn manufacturing technology that utilises digitisation and automation to minimise conversion costs and maximise

Industry

Bangla Engineers Identify Challenges Impacting Textile & Apparel Sector

Textile Insights March 6, 2024

A group of 40 top Bangladeshi textile engineers and entrepreneurs have identified various challenges, inhibiting the growth of the textile and apparel industry in the country. The engineers met in Dhaka on March 3 under the banner of Textile Engineers – Entrepreneurs. This group identified skills gap, trust deficit between employers and employees, rising operational […]