Industry

Tamil Nadu’s Textile Policy To Boost Tiruppur’s Apparel Role

Textile Insights September 5, 2024

The Tamil Nadu government’s new textile policy aims to enhance Tiruppur’s position in the apparel value chain, according to Dharmendra Pratap Yadav, Principal Secretary of the Handlooms, Handicrafts, Textiles, and Khadi Department. While the service sector contributes 65% to the

Industry

BGMEA Appeals To Bangladesh Bank For Support Amidst Political Instability

Textile Insights September 4, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested urgent assistance from Bangladesh Bank to support the garment sector, which has been severely impacted by recent political instability. On August 27, 2024, BGMEA President Khandoker Rafiqul Islam and his delegation met with Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, to discuss the

Corporates

CMAI Partners With NAEC And GEAR To Strengthen UP And Rajasthan Garment Makers

Textile Insights September 4, 2024

The Clothing Manufacturers Association of India (CMAI), the country’s leading association representing the garment industry, has entered into two strategic Memorandums of Understanding (MOUs) with the Noida Apparel Export Cluster (NAEC) and the Garment Exporters Association of Rajasthan (GEAR). These agreements, signed yesterday in Mumbai, are poised to elevate garment

Industry

IVF And India ITME Society Honours S. P. Verma On His Retirement

Textile Insights September 2, 2024

The International Vaish Federation (IVF), Mumbai, in collaboration with the India ITME Society, organized a special event to honour S.P. Verma, Additional Textile Commissioner of India, on the occasion of his retirement. The event, held at the ITME Centre, was a heartfelt farewell, recognizing Verma’s significant contributions to the textile industry. The ceremony

Event

Winners Of The ITMF Awards 2024 Announced

Textile Insights September 2, 2024

The International Textile Manufacturers Federation (ITMF) has announced the winners of the ITMF Awards 2024 in two distinct categories: ITMF Sustainability & Innovation Award and the ITMF International Collaboration Award. The award recipients will present their groundbreaking projects at the ITMF & IAF Conference 2024, scheduled to take place from September 8-10,

Financial Results

Lululemon Athletica Reports Strong Q2 FY2024 Results

Textile Insights September 2, 2024

Lululemon Athletica Inc. has announced solid financial results for Q2 FY2024, ending July 28, 2024, with a 7% increase in net revenue to US$ 2.4 billion. International sales were a key driver, up 29%, while the U.S. saw a modest 1% increase. The company reported a 9% rise in gross profit to US$ 1.4 billion, […]

Corporates

Prism Inks’ Fuzion Wins Pinnacle Award For Innovation

Textile Insights September 2, 2024

Prism Inks is thrilled to announce that its Fuzion hybrid ink has won the Printing United Alliance 2023 Pinnacle Award for New Technology. This accolade honours Prism’s innovative Fuzion ink, which combines the benefits of direct-to-film (DTF) and sublimation printing technologies. The Pinnacle Award competition, open to Printing United Alliance supplier members,

Industry

ITTA Urges Support For Technical Textiles From Ministry Of Textiles

Textile Insights September 2, 2024

The Indian Technical Textile Association (ITTA) recently met with the Union Minister of Textiles, Government of India, Giriraj Singh, in Delhi. The meeting addressed key opportunities and challenges within the Indian technical textile industry and presented several recommendations for its growth. One major challenge discussed was the availability of basic raw materials,

Sustainability

Selenis Joins Life Politex Project To Pioneer Textile Waste Recycling

Textile Insights September 2, 2024

Selenis is participating in the Life Politex project, an innovative initiative aimed at tackling textile waste from the fast fashion industry. The current linear model of textile production and fast fashion contributes significantly to textile waste, with global figures from 2020 showing 93 billion m³ of water consumption, 1.7 billion tonnes of CO2 emissions and […]

Sustainability

CITI Launches MDP On ESG For Advancing Sustainability In Textiles

Textile Insights September 2, 2024

The Confederation of Indian Textile Industry (CITI) has inaugurated its three-day residential Management Development Program (MDP) on Environmental, Social, and Governance (ESG) at the Bombay Textile Research Association (BTRA) campus. The programme aims to enhance sustainability practices within the textile industry through comprehensive training workshops. Chandrima