Export

Chinese Textile Exports Down 11 Percent In Jan-June 2023

Textile Insights August 5, 2023

In the first six months of 2023, Chinese textile exports like home textiles, yarns and fabrics totaled $67.69 billion, down 11 percent over the similar period in 2022. Chinese garment exports dipped slower at 6 percent to US $74.98 billion in the first half of 2023 as against $79.68 billion in

Apparel, Fashion, Retail

US Garment Brands Seek Early Renewal Of AGOA

Textile Insights August 5, 2023

Garment and fashion brands in the United States have appealed to renew the African Growth and Opportunity Act (AGOA) at the earliest. The program allows African countries to export a wide range of products to the US without incurring any tariffs or duties. This has made it an attractive option for US fashion companies, as […]

Export

Global Garment Trade Rises 7.26% In 2022

Textile Insights August 5, 2023

According to the World Trade Organisation (WTO), global garment trade rose 7.26 percent in 2022 and amounted to US $576 billion as against $537 billion in 2021. China is the largest supplier of apparel in the world while Bangladesh retains second spot and its market share climbed to 7.87 percent in 2022 as against 6.37 […]

Industry

Bangla Skills Training & Smart Textiles Gets $300mn Boost

Textile Insights August 4, 2023

The Asian Development Bank (ADB) has approved a $300 million loan to strengthen the skills base and training programs for Bangladesh’s workforce. The program will build the institutional capacity of training institutions to deliver advanced skills training with technology applications, such as smart textile technologies and green technologies. “The economy of Bangladesh

Event

Gartex Texprocess India Opens Its Doors

Textile Insights August 4, 2023

Gartex Texprocess India 2023 opened its doors yesterday and was inaugurated by Minister of State of Textiles, Darshana Jardosh. The exhibition will run to August 5. Spread over 15,000 sq. metres, there are 185 exhibiting companies with around 300 brands showcasing more than 500 products. Exhibitors include Jaysynth, Mimaki, Epson, Morgan Technica, Groz Beckert, DuPont,

Cotton

Cotton Ginners Urge Centre To Defer QCO. Warn of Disruption

Textile Insights August 4, 2023

The Cotton Association of India (CAI) and other cotton ginning industry bodies urged the Indian government to defer implementation of proposed Quality Control Order (QCO) for cotton bales. Cotton stakeholders from various states got together in a virtual meeting and decided to form a national body to oppose the implementation of QCO and also represent […]

Industry

Indian Viscose Staple Yarn Sector Revenue To Hit All Time

Textile Insights August 4, 2023

Revenue of the Indian viscose staple yarn (VSY) industry will witness a growth of 10-12 percent in the current fiscal and is expected to hit US $2.5 in total revenues or all time high in the current fiscal. A CRISIL Ratings report attributed this growth to continuing of the strong demand from the previous fiscal. […]

Technical Textile & Nonwoven

INDA & EDANA Partner On Implementing QAP For First Time In US

Textile Insights August 4, 2023

INDA and EDANA, trade bodies which represent nonwovens and related industries have partnered to implement and support the industry’s first Quality and Audit Program (QAP) in the US. “This joint effort will increase the reach of, and support for, the program in the North American absorbent hygiene products and wet wipes industries,” INDA said in […]

Apparel, Fashion, Retail

Fashinza Aims To Reduce Fashion Product Development Cycle

Textile Insights August 3, 2023

Fashinza, a tech enabled design to delivery apparel manufacturing platform for fashion brands and manufacturers has recently launched its state-of-the-art design lab to build a strong product development and research infrastructure. The Gurgaon facility will research the latest trends and innovations in material and design, and help take those products to market with

Apparel, Fashion, Retail

FTA With EU To Boost Export Of Filipino Wearables

Textile Insights August 3, 2023

The Confederation of Wearables Exporters of the Philippines (Conwep) expects exports of garments, textile, footwear and bags to Europe to surge once a free trade agreement (FTA) with the European Union (EU) is signed. Conwep Executive Director Maritess Jocson-Agoncillo said the sector can reach exports of US $900 to $1000 million in three to four […]