Industry

Radicigroup Unveils Physical & Digital Nylon Traceability Platform

Textile Insights April 24, 2024

RadiciGroup has launched its first physical and digital nylon traceability project and as its first application has introduced a gilet made from the yarn manufactured in one of its industrial sites. “The QR code on the garment can reveal its origin and display information about its production

Event

Techtextil & Texprocess Fairs Kick Off With 1,700 Exhibitors

Textile Insights April 24, 2024

Techtextil and Texprocess 2024 opened their doors on April 23 and collectively witnessed participation of 1,700 exhibitors from 53 countries. “The 2024 edition of both exhibitions are focusing on the highly relevant subject of AI, due to which the exhibitions are generating future-oriented impulses,” a press release from Messe Frankfurt informed. “On its 20th anniversary,

Export

Tamil Nadu’s Textile & Apparel Exports Dip 10.12% In 2023-24

Textile Insights April 23, 2024

Textile and apparel exports from India’s biggest textiles exporting state Tamil Nadu dipped 10.12 percent to US $7.1 billion in fiscal 2023-24 as against $7.9 billion in the 2022-23 fiscal. This also resulted in share of Tamil Nadu in India’s textile and garment export basket falling to 20.78 percent by value as against 22.58 per […]

Machinery

Vandewiele Sweden Unveils First Of Its Kind B2B Ecommerce Store

Textile Insights April 23, 2024

Vandewiele Sweden, which is the result of a merger between Aros Electronics AB and IRO AB has launched a first-of-its-kind new B2B ecommerce platform or web store developed in Sweden. The company which is a subsidiary of Vandewiele Group has taken on the task of developing the digital solution that will successfully meet the future […]

Dyes & Chemicals

Rudolf Showcasing Future-Oriented Solutions At Techtextil

Textile Insights April 23, 2024

German manufacturer of textile auxiliaries Rudolf is showcasing its future-oriented solutions at Techtextil. This includes Bionic-Finish ECO technology which is an advanced, patented fluorine-free technology that reliably protects textiles against rain and aqueous soiling. The technology offers high-performance water repellency for technical applications with minimal

Product Launch & Innovation

SA-Dynamics Develops Bio-Based & Degradable Insulation Textile

Textile Insights April 23, 2024

SA-Dynamics has developed bio-based and bio-degradable, a recyclable insulation textile to sustainably insulate heat and reduce energy consumption and which can replace synthetic insulation materials. The bio-based recyclable insulation textiles consist of 100 percent bio-based aerogel-fibres, which are sustainably sourced and contain up to 90 percent air, trapped in the

Dyes & Chemicals

Devan Unveils PFC Free 40% Bio-Based Content Stain Release

Textile Insights April 23, 2024

Devan Chemicals, a global supplier of innovative textile solutions has launched a breakthrough in textile finishing technology ‘Devan Stain Release’, which is PFC-free and has 40 percent of bio-based content. “With a focus on sustainability and performance, the release technology ensures that both water and oil based stains can easily be washed off,” a Devan […]

Financial Results

FY’24 EBITDA At Reliance Industries Soars 16.1% To Rs 178,677 Crore

Textile Insights April 23, 2024

EBITDA at Reliance Industries Ltd soared 16.1 percent year on year to Rs 178,677 crore or US $21.4 billion in fiscal 2023-24 ending March 2024, due to positive contribution from all operating segments. Gross revenue grew slower at 2.6 percent year over year to just over Rs 10 lakh crore or $119.9 billion in the […]

Apparel, Fashion, Retail Economy

Bangladesh Seeks Duty Free Access For Garment Exports To US

Textile Insights April 22, 2024

Amongst various demands, the Bangladesh government has urged the US to provide quota free as well as duty free access to Bangladeshi apparels manufactured from US cotton. The demands were made at a US-Bangladesh TICFA Intercessional Meeting held at the office of the Bangladeshi Ministry of Commerce. While briefing journalists after the meeting, Senior Commerce […]

Apparel, Fashion, Retail

Fast Fashion Brand Zara Denies Withdrawing From Chinese Market

Textile Insights April 22, 2024

Fast fashion brand Zara has dispelled rumours emanating from the Chinese media that it is withdrawing from the Chinese market. Media reports had recently informed that Zara has closed nine stores in just two months which lead to speculation that the Spanish brand is gradually exiting from China. While speaking to Daily Economic News, a […]