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

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 […]

Event

Messe Frankfurt Sustainability Initiative Titled Econogy

Textile Insights August 3, 2023

Messe Frankfurt’s Texpertise Network will realign its sustainability event formats at its around 50 textile trade fairs. The information, discussion, education and networking formats for sustainable business will now be titled ‘Econogy’. With this step, Messe Frankfurt will create a new common identity of its international textile trade fairs, which will now focus even

Machinery

“Prisma Best Yarn Clearer To Detect Basic Faults” – Loepfe

Textile Insights August 3, 2023

Optical Yarn Clearer manufacturer Loepfe said its Prisma simultaneous dual measurement is the most effective medium to detect basic faults in yarn quality control. Prisma provides spinning mills with the best yarn quality, splice cycles and energy consumption and its optical infrared and mass sensors work in harmony, combining the two outputs into one signal. […]

Financial Results

Cellulose Fibre Maker Lenzing Group H1 Sales Slip 3.4%

Textile Insights August 3, 2023

In the first six months of 2023, sales at cellulose fibre producer Lenzing Group slipped 3.4 percent year on year to €1.25 billion, mainly due to lower fibre revenues, although pulp revenues were up. EBITDA in the first half of 2023 declined significantly by 27.7 percent from a year ago period to €136.5 million. Lenzing […]