Technical Textile & Nonwoven

Technical Textiles Used To Remove Oil Spills From Water

Textile Insights December 16, 2023

German researchers have developed a new method for removing oil spills from water surfaces in an energy-saving, cost-effective way and without the use of toxic substances. The method is made possible by a technical textile that is integrated into a floating container. A single small device can

Apparel, Fashion, Retail

56 Global Brands Sign On Extension Of International Accord

Textile Insights December 16, 2023

A total of 56 global garment brands and retailers have committed to workplace safety in the global garment industry by re-signing the renewed International Accord. Signatories of the new International Accord include Adidas, Asos, Primark, H&M, Inditex, Ted Baker, Mango and, Marks and Spencer. A number of additional brands are currently undergoing internal reviews and

Industry

China & Pakistan To Increase Cooperation In Textile Sector

Textile Insights December 16, 2023

A Chinese delegation compromising of leaders from the textile industry met with the Pakistan Commerce and Industry Minister to explore opportunities for cooperation in the textile industry. The Vice President of China Chamber of Commerce for Import and Export of Textiles (CCCT) Zhang Xinmin held talks with Minister for Commerce and Industry, Dr Gohar Ejaz. […]

Cotton

Chinese Import Of Aussie Cotton Leaps Between Jan & Oct

Textile Insights December 16, 2023

In the first ten months of the current year, China imported 1.38 million tons of cotton from various countries, a decline of 12.7 over the comparable months of earlier year. However, between January and October this year, these cotton imports from Australia rose by a massive 20 times to 192,000 tons. Chinese traders and importers […]

Apparel, Fashion, Retail

5 Percentage Point Hike In Bangla Garment Sector Value Addition

Textile Insights December 16, 2023

The value addition in the Bangladesh garment industry has increased to 70.78 percent in the first fiscal quarter ending September 30, as per data of Bangladesh Bank, the central bank of Bangladesh. In comparison, the value addition in whole of fiscal 2023 was 65.97 percent, so the period between July and September 2023, indicates significant […]

Industry

Study Group To Look Into Woes Of Maharashtra Weaving Sector

Textile Insights December 15, 2023

The Maharashtra government will set up of a study group to look into challenges faced by the state’s weaving sector and recommend changes to the state’s new textile policy. Textile Minister Chandrakant Patil made the announcement in the Maharashtra assembly while also adding that the government would issue a government resolution to set up the […]

Export

Chinese Textile & Apparel Exports Down By Just 1.69% In Nov

Textile Insights December 15, 2023

In the month of November 2023, exports of Chinese textile and clothing stood at US $23.665 billion, a marginal fall of 1.69 percent, data from Chinese Customs informed. Of this, exports of textiles totaled $11.120 billion, down by just 0.46 percent, while that of apparels reached $12.545 billion, a drop of 2.76 percent from a […]

Industry

IDH Safety Program Reaches One Million Garment Workers

Textile Insights December 15, 2023

IDH’s worker safety program for the garment industry, the Life and Building Safety (LABS) Initiative, has achieved a key milestone in improving safety of one million workers in India, Vietnam, Cambodia, and Indonesia. “This Initiative was introduced four years ago and has played a crucial role in enhancing workplace safety and promoting responsible industry practices […]

Export

Bangladesh Garment Exports To US Plunge 24.75% In Jan To Oct

Textile Insights December 15, 2023

In the first ten months of 2023, Bangladesh’s garment exports to the US totaled US $6.35 billion plunging by 24.75 percent year on year. In volume terms, apparel overseas shipments to the US between January and October dropped higher at 29.51 percent to 1.95 billion square metres from 2.41 billion square metres in the same […]

Financial Results

In First Nine Months Of 2023 Sales Climb 11.1% At Inditex

Textile Insights December 15, 2023

In the first nine months of 2023, sales at Inditex and owner of fashion brands like Zara and Pull&Bear climbed 11.1 percent to reach €25.6 billion, from satisfactory development in both stores and online. The Spanish fashion group added that sales were positive in all geographical areas and in all concepts and sales in constant […]