Export

South Africa Tops In African Textile & Apparel Exports

Textile Insights May 2, 2024

The biggest textile exporter from the African continent is South Africa at US $3.8 billion in 2023, mainly from technical textiles which are primarily supplied to aeronautics companies. Ethiopia’s textile exports stood at $2.5 billion in the previous year as the country’s textile industry is

Apparel, Fashion, Retail

Gap Inc. Now Uses 98% Of Cotton From More Sustainable Sources

Textile Insights May 1, 2024

In its recently released 2023 Environmental, Social and Governance (ESG) Report, global apparel retailer Gap Inc said 98 percent of cotton utilised by the company was from more sustainable sources. “While, 100 percent of cotton utilised by Gap brand and Athleta was from more sustainable sources,” the company said in a press release. Other highlights […]

Machinery

Vandewiele Expands Cooperation With Uzbek Carpet Weaving Sector

Textile Insights May 1, 2024

The Ambassador of Uzbekistan, Gayrat Fazilov, recently visited the Vandewiele Group office to enhance the existing collaboration between Vandewiele Group and Uzbekistan’s carpet weaving industry. The discussions explored opportunities for establishing new, mutually beneficial partnerships across diverse fields aligned with Vandewiele’s scope of activities. “Fazilov held

Corporates

Globe Textiles Explores Direct Listing Of Equity Shares On BSE

Textile Insights May 1, 2024

Ahmedabad based Globe Textiles India Limited (GTIL) has plans to explore direct listing of its equity shares on the Bombay Stock Exchange (BSE). “This strategic move underscores Globe Textiles’ commitment to enhancing transparency and maximising value for its shareholders,” the company said in a press release. Direct listings provide a streamlined pathway for companies to

Fibre

Lenzing Among Top 25% Of All Verified Higg FSLM Facilities

Textile Insights May 1, 2024

Manufacturer of regenerated cellulose fibres Lenzing has achieved outstanding results in the Higg Facility Social & Labor Module (FSLM) certification for five of its production sites. In 2023, more than 7,200 companies worldwide underwent this audit, with Lenzing’s result placing it in the top 25 percent of all verified Higg FSLM facilities. “This involved

Machinery

Quicksilver Seamlessly Moves From Screen To Inkjet With Mimaki

Textile Insights May 1, 2024

Italian company Quicksilver seamlessly moved from screen print transfer to inkjet transfer printing thanks to the extensive range of Mimaki technologies on offer. Quicksilver recently invested in a Mimaki Tiger-1800B MkIII unit to efficiently increase the production volumes, while ensuring the high-quality standards the company is known for are met. Specialised in

Machinery

Karl Mayer Honoured With Techtextil ‘Founding Exhibitors’ Award

Textile Insights May 1, 2024

Karl Mayer has been honoured with a ‘Founding Exhibitors’ award by Messe Frankfurt, the organisers of the recently concluded Techtextil. Techtextil was organised from April 23-26, 2024, which was the 20th edition and Messe Frankfurt took the occasion of this milestone anniversary, to honour the founding exhibitors at a ceremony. “With this award, Messe Frankfurt […]

Product Launch & Innovation

Water-Free Textile Dyeing Solution Innovator Raises $10.5mn Funding

Textile Insights April 30, 2024

Xefco, an Australian sustainable manufacturing technology company has raised AUD $10.5 million to commercialise produce its patented water-free textile finishing and dyeing solution, Ausora. The funding is led by Australian deep tech fund Main Sequence and other new backers like Breakthrough Victoria and Virescent Ventures, investing on behalf of Clean Energy Finance

Cotton

Brazil Shows Its Cotton Traceability Program At Kingpins Show

Textile Insights April 30, 2024

Brazilian cotton producers concluded their visit to various countries in Europe with the objective to show Brazilian cotton’s traceability initiatives and its responsible production practices. The delegation consisted of the Brazilian Cotton Growers Association’s (Abrapa), the Brazilian Trade and Investment Promotion Agency (Apex Brasil) and the National Cotton Shippers

Export

Bangladesh Garment Exports Lag Behind Asian Competitors

Textile Insights April 30, 2024

Apparel exports from Bangladesh have witnessed a drop in both value and volume to the EU and the US in the first two months of 2024. While, China and Vietnam both reported single-digit growth in terms of value and volume of garment exports to the US, Bangladesh has recorded double-digit negative growth rate in this […]