Apparel, Fashion, Retail

GU To Open NYC Flagship Store And Launch US E-Commerce Site

Textile Insights August 29, 2024

GU, a sister brand of UNIQLO, will open its US flagship store in SoHo, New York, on September 19, 2024, alongside launching its US e-commerce site. Located at 578 Broadway, GU NY SOHO will offer women’s and men’s clothing, accessories and the latest fashion trends across two floors. The

Event

ITMF Start-up Award 2024 Winners To Showcase At Samarkand

Textile Insights August 29, 2024

The winners of the ITMF Start-up Award 2024 will showcase their innovative business models at the upcoming ITMF & IAF Conference 2024, scheduled for September 8-10, 2024, in Samarkand, Uzbekistan. The event will be co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS). The ITMF Start-up Awards aim to provide a platform for start-ups […]

Corporates

Allen Jacoby Appointed EVP And President Of Milliken’s Textile Business

Textile Insights August 28, 2024

Milliken & Company, a diversified global manufacturer, is pleased to announce the appointment of Allen Jacoby as Executive Vice President and President of its textile business. Jacoby will assume full operational responsibility for the company’s textile product portfolio. He succeeds David Smith, who is retiring after a remarkable 45-year career at Milliken,

Industry

Tunisia Enhances Textile Testing Capabilities With New Labs

Textile Insights August 28, 2024

Tunisia’s textile industry is bolstering its global competitiveness with the Centre Technique du Textile (CETTEX) opening new state-of-the-art laboratories in Tunis. These facilities, operational since May 2024, offer advanced chemical, physical, and toxicological testing and are ISO 9000 certified and TUNAC accredited. The expansion, funded by a €2 million

Technical Textile & Nonwoven

Government Approves Grants For 4 Start-Ups In Technical Textiles Sector

Textile Insights August 28, 2024

To advance the technical textiles sector, the Government has approved grants for four start-ups and five educational institutions. This decision was made during the 8th Empowered Programme Committee (EPC) meeting of the National Technical Textiles Mission, chaired by the Secretary of the Ministry of Textiles at Udyog Bhawan. Under the ‘Grant for Research &

Industry

Textile Waste Mismanagement Costs Bangladesh Billions

Textile Insights August 28, 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 […]

Corporates

PDS Ltd Raises Rs 421 Crore Through QIP

Textile Insights August 28, 2024

PDS Limited announces the successful completion of its Qualified Institutions Placement (QIP), raising Rs 421 crore (~US$ 51 million). The QIP attracted strong interest from institutional investors, with the subscription exceeding twice the issue size. The overwhelming response and commitment from institutional investors highlight the confidence in PDS’s strategic

Corporates

Grasim Appoints Vadiraj Kulkarni As Cellulosic Fibres Head

Textile Insights August 28, 2024

Grasim Industries Limited has named Vadiraj Kulkarni as the Business Head (Designate) for its Cellulosic Fibres division, effective October 1, 2024. Harikrishna Agarwal will remain the Managing Director of Grasim Industries and Business Director for Cellulosic Fibres, ensuring a smooth leadership transition over the coming months, with Kulkarni gradually assuming his new

Corporates

IDF Technology Drives Textile Waste Upcycling In India

Textile Insights August 27, 2024

Trützschler and Gimatex: A Partnership for Innovation Since their collaboration began in 2006, Trützschler and Gimatex have successfully worked together on numerous projects. Gimatex Industries Pvt. Ltd., a family-owned company with over 125 years of history, has adopted Trützschler’s Integrated Draw Frame (IDF) technology to transform textile waste into valuable ring

Corporates

Khandoker Rafiqul Islam Appointed New President Of BGMEA

Textile Insights August 25, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appointed Khandoker Rafiqul Islam as its new President following the resignation of S. M. Mannan (Kochi). Mannan stepped down due to his need for long-term medical treatment. An emergency meeting was held on August 24 at the Radisson Blu Water Garden Hotel in Dhaka, where the […]