Corporates

Rieter: Alexander Özbahadir Takes Over After Sales

Textile Insights September 10, 2024

Rico Randegger, Head of the Business Group After Sales and member of the Group Executive Committee, will step down from his position on December 31, 2024. The Board of Directors of Rieter Holding Ltd. would like to take this opportunity to thank Rico Randegger for his many years of successful

Sustainability

Birla Cellulose Boosts Sustainability At Karur Meet, Unveils New Trials

Textile Insights September 10, 2024

Birla Cellulose, a leader in sustainable fiber solutions, reaffirmed its dedication to sustainability during the second edition of its hub-meet, held at The Residency in Karur on August 30, 2024. The event highlighted the transformative potential of sustainable Man-Made Cellulosic Fibers (MMCF) in the Home Textiles sector. Attended by 110 prominent exporters and business

Special Report

Lack Of Scale And Absence Of Right Product Mix Playing Spoilsport For Textile Industry

Textile Insights September 10, 2024

Bangladesh and Vietnam, among other countries, have in the past captured a large part of China’s declining share in the global ready-made garment (RMG) exports, while India failed to adequately capitalise on China’s losing share. Recent political upheavals and social unrest in Bangladesh  which is the second largest exporter of RMG after China, once again brings to […]

Cotton

China And India Lead Global Cotton Production, But Market Faces Diverging Trends

Textile Insights September 10, 2024

The latest U.S. Department of Agriculture (USDA) cotton projections for the 2024/25 season (August–July) indicate an increase in global cotton ending stocks, expected to rise by 1.8 million bales (2.4 percent) from the previous year to 77.6 million bales. This growth in stocks is attributed to a production increase that outpaces the rise in mill […]

Industry

India’s Textile Industry Poised For Explosive Growth: Giriraj Singh

Textile Insights September 10, 2024

India’s textile industry is on track to reach a staggering US$ 350 billion by 2030, creating 3.5 crore new jobs, according to Union Minister of Textiles, Giriraj Singh. The announcement came during the curtain raiser event for Bharat Tex 2025 held on September 4, 2024 in New Delhi. Singh highlighted the potential for India to […]

Sustainability

Texcare 2024: Textile-Care Industry Embraces Circular Economy

Textile Insights September 10, 2024

The textile-care industry showcased its commitment to the circular economy at Texcare 2024, highlighting sustainable practices through linen and workwear rental services. These services exemplify a circular model by using durable textiles, optimizing their lifespan through professional care and repairs and developing recycling solutions for end-of-life products. The

Sustainability

Goodwill Industries International Advances Textile Circularity With US$ 1.28 Million Project

Textile Insights September 10, 2024

Goodwill Industries International (GII) has successfully concluded a transformative two-year initiative aimed at enhancing textile circularity across its extensive network. The US$ 1.28 million project, generously funded by the Walmart Foundation, was designed to develop the skills, systems and infrastructure necessary for the collection, sorting and preparation of

Sustainability

Zara Unveils New Collection With 50% Recycled Circ Lyocell

Textile Insights September 10, 2024

Zara, in collaboration with Circ, a US-based fashion technology company that recycles textile waste into new fibres, has unveiled its latest Zara Women’s collection made with Circ Lyocell. This fabric, which achieves the look and feel of silk, is derived from 50% recycled textile waste. Following the success of their first collection in April 2023, […]

Sustainability

Textile Waste Mismanagement Costs Bangladesh Billions

Textile Insights September 10, 2024

A recent study reveals that Bangladesh is losing out on $5 billion in potential annual export revenue due to a lack of policies for recycling post-industrial textile waste, known as jhut. The report, “Regulatory Framework to Enable Recycling of Post-Industrial Waste (Jhut) for the RMG Industry in Bangladesh,” stresses the need for a circular economy […]

Sustainability

UNIFI Launches New Recycled Polyester Products

Textile Insights September 10, 2024

UNIFI, Inc., a leading innovator in recycled and synthetic yarns, today unveiled two groundbreaking additions to its REPREVE portfolio, now recognized as the largest collection of regenerated performance polyester globally. Leveraging its proprietary Textile Takeback process, UNIFI introduced a white-dyeable filament yarn and a cutting-edge insulation material,