Cotton

2023-24 Global Cotton Reserves To Be Highest In 83 Years

Textile Insights November 8, 2023

The International Cotton Advisory Committee (ICAC) has forecast that global cotton reserves in the 2023-24 season will be the highest ever projected in the 83-year history of ICAC data collection. With global production in 2023-24 projected to increase by 3 percent to 25.41 million tons and

Event

ITAMMA Seminars On ‘Digital Tools’ at Solapur & Ichalkaranji

Textile Insights November 8, 2023

The Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA) organised seminars at Ichalkaranji and Solapur titled ‘Digital Tools to Promote Capital Goods Sector’ These seminars were held under a series of events to be held Pan-India for the development of capital goods sector with support from the Ministry of Heavy Industry. The seminar in Solapur

Industry

Section Of Bangla Workers Unions Reject New Govt Wage Hike

Textile Insights November 8, 2023

A section of Bangladeshi garment workers unions have rejected the new proposed wage hike by the Bangladesh government and are insisting on a minimum wage of Taka 20,000 per month. State Minister for Labour and Employment Monnujan Sufian on November 7, informed that the wage has been hiked to Taka 12,500, up 56 percent compared […]

Machinery

Karl Mayer Product Show At Its China Plant During ITMA Asia

Textile Insights November 8, 2023

Karl Mayer will be showing what pioneering technologies for warp knitting looks like, at a product show on the sidelines of ITMA Asia at its plant in Changzhou City. According to the German company, high-tech solutions can be used to build up an advantage over competitors, especially in times of economic downturn. Karl Mayer will […]

Machinery

ITMF Names Winners Of Various Categories Of Awards

Textile Insights November 7, 2023

At the ITMF Annual Conference 2023 which was held from November 4-6, 2023 in China, the federation presented the ITMF Awards in the categories of ‘Sustainability & Innovation’, ‘International Cooperation’ and ‘Start-Ups’. The winners of the ITMF Start-up Award 2023 include CarboScreen from Germany for its ‘Online monitoring system for carbon fibre manufacturing’

Export

Uzbek Textile & Garment Exports Down 3.31% Between Jan & Sep

Textile Insights November 7, 2023

Uzbekistan exported textile and garments totaling to US $2.33 billion in the first nine months of the current year, down 3.31 percent compared to $2.41 billion in same period of previous year. Exports of textiles like yarn touched $945 million between January and September 2023, while exports of clothing and other finished textile products amounted […]

Industry

IDH Takes Centre Stage At Africa Sourcing And Fashion Week

Textile Insights November 7, 2023

Change catalyst IDH took centre stage at the Africa Sourcing and Fashion Week (ASFW) 2023 held from November 3 to 6 and showcased its IN Sustainable Textile and Apparel Parks (INSTEP) programme. Throughout the event, IDH played a pivotal role, leading insightful discussions and introducing initiatives to advance sustainable practices within the industry. Jenny Löfbom, […]

Sustainability

Zara Owner Inditex Sourcing 2,000 Tons Of Renewable Fibre

Textile Insights November 7, 2023

Inditex owner of various brands like Zara and Pull&Bear is set to integrate the innovative pulp – Circulose, made by Swedish company Renewcell from textile waste, into its apparel collections. Under an agreement with the fibre producer Tangshan Sanyou, which carries out the industrial process of transforming the pulp into textile fibre, Inditex´s suppliers will

Industry

Knitter Trade Body Raises Alarm Over Surging Fabric Imports

Textile Insights November 7, 2023

A knitter’s trade body has raised the alarm on the surging imports of Chinese synthetic knitted fabrics and requested the government to intervene and safeguard the domestic industry. The All India Knitters Association (AIKA) in a communication to the Prime Minister’s Office emphasised the urgency of the issue with a plea for urgent intervention. “These […]

Fibre

Anticipated Recovery In Market Fails To Materialise – Lenzing

Textile Insights November 6, 2023

Manufacturer of cellulose fibres, Lenzing said the anticipated recovery in markets relevant for company has failed to materialise till date. “The continued sharp increase in raw material and energy costs and very subdued demand had a negative impact on us as well as the whole industry,” the Austrian company said in a press release. Revenue […]