Industry

Union Minister Of Textiles Praises NITRA’s R&D Innovations

Textile Insights September 2, 2024

On August 21, 2024, Union Minister of Textiles, Giriraj Singh, met with Dr. M. S. Parmar, Director and senior scientist at the Northern India Textile Research Association (NITRA), to commend their R&D achievements. The focus was on NITRA’s work on “cellulose-based indigenous

Export

Bangladesh Exports Drop 4.34% In FY24 Due To RMG Decline

Textile Insights August 29, 2024

Bangladesh’s exports fell by 4.34% in FY24, totaling US$ 44.47 billion compared to US$ 46.49 billion in FY23, according to the Bangladesh Bank. This decline is primarily due to reduced shipments of ready-made garments (RMG), reflecting broader economic challenges. The Export Promotion Bureau (EPB) has yet to release the full FY24 export data. In July, […]

Corporates

Abercrombie & Fitch Co. Appoints Andrew Clarke To Board Of Directors

Textile Insights August 29, 2024

Abercrombie & Fitch Co. has announced the appointment of Andrew Clarke to its Board of Directors, effective August 21, 2024. Clarke, currently the Global President of Mars Snacking, brings over 30 years of experience in consumer-focused industries, including 24 years at Mars, Incorporated. “We are thrilled to welcome Andrew to the Board,” said Nigel Travis, […]

Industry

European Textile Industry: Navigating Challenges And Seizing Opportunities

Textile Insights August 29, 2024

Since 2020, global events such as Covid-19, Ukraine conflict and shifting geopolitical dynamics have profoundly impacted the world of work and the economic landscape. Rising inflation, skyrocketing energy costs and supply chain disruptions have compounded these effects. In Germany, fears of a gas shortage further heightened concerns. The shift to remote work and the

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 flagship will showcase GU’s brand philosophy, […]

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 […]