Cotton

USDA Projects Global Cotton Consumption Increase Of 3%

Textile Insights May 18, 2024

In its latest May 2024 report, the US Department of Agriculture (USDA) has projected global cotton consumption to increase by 3 percent year-on-year. While, global cotton production is expected to rise by 5.4 million bales, each weighing 480 pounds and total 119.05 million bales. “This boost in

Cotton

US Blocks Imports From 26 More Chinese Companies Under UFLPA

Textile Insights May 18, 2024

The United States has blocked imports from 26 Chinese cotton traders or warehouse facilities as part of its effort to eliminate goods made with the forced labour of Uyghur minorities from the US supply chain. The companies are latest additions to Uyghur Forced Labor Prevention Act (UFLPA) entity list which restricts import of goods tied […]

Apparel, Fashion, Retail

Reliance Retail Brings UK Online Fashion Brand ASOS To India

Textile Insights May 18, 2024

Reliance Retail and ASOS, UK’s online fashion retailer have entered into a long-term licensing agreement. “Under the agreement, Reliance Retail will be the exclusive retail partner for ASOS across all online and offline channels in the country,” a statement from Reliance Retail informed. The Isha Ambani led retailer will introduce ASOS’s curated portfolio of fashion-led

Event

CITI & Swiss Textiles Co-host Successful B2B Webinar

Textile Insights May 18, 2024

The Confederation of Indian Textile Industry (CITI) and Swiss Textiles joined forces to present a dynamic B2B webinar titled ‘Enhancing Indo-Swiss Textile & Apparel Trade’. The webinar offered invaluable insights and fostering collaboration between key stakeholders. Chandrima Chatterjee, Secretary General of CITI, spearheaded discussions on critical aspects shaping the

Machinery

Spanish Company Picks Brückner’s Power-Frame Stenter Frame

Textile Insights May 17, 2024

Campos in Spain has chosen Brückner’s Power-Frame stenter frame with vertical transport chain, for its foray in to forward integration of its textiles fabrics plant. Campos specialises mainly in mattress fabrics and stretchable knitted fabrics since it was founded in 1997 and is a global pioneer in ‘Damask Stretch’ fabrics. The countered heating and ventilation […]

Export

Pakistan’s Textile & Apparel Exports Hit 12-Month Low In April

Textile Insights May 17, 2024

Pakistan’s textile and apparel exports hit a 12-month low in April where they stood at US 1.237 billion as against $1.232 billion reported in April 2023. According to data from Pakistan Bureau of Statistics (PBS), textile and garments exports declined by 4.84 percent in April 2024 and stood at $1.237 billion compared to $1.300 billion […]

Machinery

Chinese Company Opts For Oerlikon’s Polycondensation System

Textile Insights May 17, 2024

To increase its production capacity, recycled polyester yarn manufacturer FixDye has opted for polycondensation system manufacturer Oerlikon Barmag Huitong Engineering (OBHE). “Oerlikon Barmag Huitong Engineering’s polycondensation systems stand for the best downstream performance and a reduced environmental footprint,” Oerlikon Barmag said in a press release. The Chinese

Technical Textile & Nonwoven

North American Nonwovens Production Up 4% In 2023: INDA

Textile Insights May 17, 2024

Production capacity of nonwovens in North America reached 5.713 million tons, an increase of 4 percent or 230,000 tons over its previous year. This was disclosed by INDA, the Association of the Nonwovens Fabrics Industry in the eleventh edition of its annual North American Nonwovens Supply Report. According to the report, North American capacity continues […]

Home Textiles

Home Furnishings Brand Mytrident Launches New TV Campaign

Textile Insights May 17, 2024

Premium home furnishings brand MyTrident has brought together Bollywood actor Kareena Kapoor Khan and her mother in law Sharmila Tagore in a new television campaign. This collaboration highlights the harmonious relationship between a mother-in-law and daughter-in-law, marking a notable shift from the traditional narratives typically portrayed in brand campaigns. The duo

Financial Results

PDS Ltd GMV Increases 19% To Rs 4,526 Crore In Q4FY’24

Textile Insights May 17, 2024

In the quarter ending March 31, 2024, Gross Merchandise Value (GMV) increased by 19 percent over the earlier quarter to Rs 4,526 crore at PDS Ltd. PDS is a global fashion solutions and infrastructure company offering customised solutions to global brands and retailers like product development, sourcing, manufacturing, and brand management. In the three months […]