Industry

Vietnam’s Textile Industry: Recovery Amid New Challenges

Textile Insights September 26, 2024

Vietnam’s textile and garment industry is seeing a strong recovery, with export turnover reaching US$ 4.3 billion in August and USD 28.3 billion in the first eight months of 2023, a 6.2% year-on-year rise, according to VITAS. VITAS Chairman Vũ Đức Giang highlighted that the surge in orders,

Industry

Maharashtra CM Launches E-Textile System To Boost Textile Industry

Textile Insights September 26, 2024

Maharashtra’s Chief Minister Eknath Shinde launched an innovative e-textile system at Sahyadri Guest House on September 24th, 2024, aimed at strengthening the textile industry. Present at the event were Textiles Minister Chandrakant Patil, Chief Secretary Sujata Saunik, Textiles Department Secretary Virendra Singh, and other key officials. During the launch, CM Shinde

Fibre

U.S. Hemp Must Shift To Product Development, Says Report

Textile Insights September 26, 2024

The U.S. hemp textile sector must shift its focus from production to developing consumer demand for high-quality products, according to a new report from cannabis consultant Joseph Carringer, Lead Strategist at Canna Marketing Group (CMG). Carringer argues that the current emphasis on prematurely scaling production is benefiting international competitors, particularly in

Technical Textile & Nonwoven

Freudenberg Expands Coated Technical Textiles With Heytex Acquisition

Textile Insights September 25, 2024

Freudenberg Performance Materials is expanding its presence in coated technical textiles through the acquisition of key parts of Heytex Group from Bencis Capital Partners. The deal includes Heytex’s core business operations, three production sites in Germany and China, and all headquarters functions, including Sales and R&D. Heytex Group, a global leader in

Economy

AATCC Foundation Offers Student Research Support Grants

Textile Insights September 25, 2024

The AATCC Foundation is now accepting applications for its Student Research Support Grant Program, offering financial assistance to undergraduate and graduate students working on textile-related projects. Students must submit proposals by October 15, 2024, for funding consideration in January 2025. The application is a simple online form, which includes a project

Apparel, Fashion, Retail

Van Heusen Partners with Taapsee Pannu As New Brand Ambassador

Textile Insights September 24, 2024

Van Heusen, a leading power dressing brand from Aditya Birla Fashion and Retail Ltd., has announced its association with actress Taapsee Pannu as its new brand ambassador. Representing the modern woman who is confident, purposeful and always on the move, Taapsee embodies the brand’s ethos of impactful change. Van Heusen aims to offer fashion choices […]

Sustainability

Lululemon’s Impact Report Showcases Sustainability Progress

Textile Insights September 24, 2024

Lululemon published its fourth annual Impact Report, detailing the company’s progress in FY23 across its social and environmental commitments. The report emphasizes Lululemon’s integrated Impact Agenda, launched in 2020, which focuses on the interconnected pillars of Be Human, Be Well, and Be Planet. “In 2023, we made significant strides toward our impact goals while

Industry

CITI Chairman Highlights Opportunities At TMMA AGM

Textile Insights September 24, 2024

CITI Chairman Rakesh Mehra addressed the 64th AGM of the Textile Machinery Manufacturers’ Association (TMMA) on September 19th, 2024 at Mumbai, emphasizing the association’s pivotal role in advancing India’s textile machinery sector. Mehra congratulated TMMA for its significant contributions, noting that the association not only advocates for textile machinery

Industry

RMG Exports Show 11.9% Growth Amid Global Challenges: AEPC Chairman

Textile Insights September 24, 2024

Ready Made Garment (RMG) exports have increased by 11.9% in August 2024 compared to the same month last year, with cumulative exports reaching US$ 6.395 billion for April-August 2024-25, according to Sudhir Sekhri, Chairman of the Apparel Export Promotion Council (AEPC). Sekhri noted that this growth continues despite global challenges, including the ongoing Red Sea […]

Corporates

Epson To Acquire Fiery In US$ 591 Million Deal

Textile Insights September 23, 2024

Fiery, LLC, the print industry’s leading innovator of digital front ends (DFEs) and workflow software, announced an agreement with Seiko Epson Corporation for Epson to acquire Fiery from Siris Capital Group in a transaction valued at approximately US$ 591 million. Fiery’s cutting-edge products have enabled exceptional colour, personalization, performance and