Apparel, Fashion, Retail

Bangladesh Can Add $500mn Of Apparel Export Via Online Sales

Textile Insights May 24, 2024

According to a study, Bangladesh has the potential to add another US $500 million in garment exports to the US, the EU and the African region through a virtual marketplace by 2027. This was the finding of a study titled ‘Establishing a Virtual Marketplace for Bangladeshi Apparels’ conducted by

Machinery

Combination Of MS & Kiian Digital Printing On Display At ITM

Textile Insights May 24, 2024

MS and Kiian Digital will be together participating at ITM 2024 and will be showcasing solutions which are a mix of MS’s experience in digital printing machines and Kiian’s experience in water-based inks. The two companies will be exhibiting at Hall 4, Booth 404A, where they will display the MS JP7, a scanning printing machine […]

Export

Cambodian Apparel Exports Soar 20.4% Between Jan & April

Textile Insights May 24, 2024

Cambodian exports of apparel soared to US $2,748 million during the first four months of the ongoing year, up 20.4 percent compared to same months of previous year. According to a report from the Cambodian Ministry of Commerce, footwear exports totaled $453.7 million, a rise of 3.8 percent and travel goods exports stood at $562 […]

Machinery

Mahlo Showing Comprehensive Portfolio Of Solutions At ITM 2024

Textile Insights May 24, 2024

Mahlo will be showcasing its comprehensive portfolio of solutions at ITM 2024 at Booth 1114C, in collaboration with its partner, Masters Limited. “Mahlo offers a range of solutions tailored to different textile structures, from heavy carpets to delicate fabrics,” a Mahlo press release stated. The company’s products encompass everything from distortion detection sensors to

Machinery

Monforts Exhibiting Montex Stenter Chamber At ITM 2024

Textile Insights May 23, 2024

Monforts, which is celebrating its 140th anniversary this year, will exhibit a Montex stenter chamber with an integrated overhead heat recovery unit at ITM 2024 exhibition at its partner Stall 1116B, Hall 11. The heat recovery unit on display is just one of a range of energy saving options the company is now providing, for […]

Machinery

Uster Highlighting Fiberq & RSO 3D At ITM 2024 Exhibition

Textile Insights May 23, 2024

At the upcoming ITM 2024, Uster will highlight its Uster FiberQ and RSO 3D, both of which offer an attractive ROI in Hall 7, Booth 714B. “They also help spinners control the most expensive stages in the mill process, cutting waste and boosting profits,” the Swiss company said in a press release. According to Uster, […]

Financial Results

Q4FY’24 Net Profit At Kitex Garments Soars Massively By 500%

Textile Insights May 23, 2024

Net profit at Kitex Garments soared massively by nearly 500 percent to Rs 20.13 crore in the January to March 2024 quarter as against Rs 3.36 crore in the same quarter of previous fiscal. Consolidated net sales at the Sabu Jacob led company grew by a significant 77.11 percent year on year to total Rs […]

Financial Results

Arvind Fashions’ Consolidated Net Profit Up 39% In Q4FY’24

Textile Insights May 23, 2024

Arvind Fashions Ltd reported a 39.09 percent hike in consolidated net profit to Rs 39.67 crore in the fourth fiscal quarter ending March 2024, as against 28.52 crore for the same quarter of earlier fiscal. Arvind Fashions’ revenue from operations grew to Rs 1,093.85 crore, up 3.66 percent in the January to March 2024 quarter […]

Export

Bangladeshi Garment Exports To India Fall 22% In July-March

Textile Insights May 23, 2024

Exports of garments from Bangladesh to India fell to US $645.18 million between July and March of fiscal 2023-24, down 22.31 percent from $830.51 million in same period of previous fiscal. Exports of garments to India dropped despite overseas shipments rising to other non-traditional markets, sata of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Cotton

India’s Cotton Production Gallops, While Pakistan’s Lags

Textile Insights May 23, 2024

Until the 1990s, India lagged behind Pakistan in cotton production. However, today, India has not only surpassed Pakistan but also topped the global ranking. Indian cotton production will be 34.7 million bales of cotton in the 2023-24 season, accounting for 25 percent of the world’s total production. While Pakistan’s production remains at barely 8-9 million […]