Apparel, Fashion, Retail

French Bill Seeks Penalties Of Up To €10 On Fast Fashion

Textile Insights March 29, 2024

The French Parliament recently approved a bill seeking penalties on fast fashion products, which seeks gradual increase in penalties of up to €10 or US $11 per unit of apparel by 2030. The bill also calls for a ban on advertising for these products. However, the bill must also be approved by

Industry

Indian Textile Industry Is Poised For Rebound In Sales – CRISIL

Textile Insights March 29, 2024

The CRISIL SME Tracker has reported that the Indian textile industry is poised for a rebound in sales after two years of contraction. The previous two financial years were challenging due to volatile cotton prices and subdued export demand. “However, the industry is expected to close this fiscal with lower revenue due to a correction […]

Apparel, Fashion, Retail

Myntra Grows At Twice The Pace Of Indian Online Fashion Market

Textile Insights March 29, 2024

Myntra one of India’s biggest online fashion, beauty and lifestyle platform, claimed it has grown at nearly twice the pace of the fashion ecommerce market in India in the second half of 2023. “Integral to this market-leading growth has been a 33 percent surge in Monthly Active Users (MAU), rising from 45 million in 2021 […]

Industry

Epic Group Investing Rs 220 Crore In Odisha Garment Facility

Textile Insights March 29, 2024

Epic Group, a Hong Kong-based apparel industry major is starting its first Indian apparel production plant in India, for which, it has acquired 40 acres of land in Bhubaneswar, Odisha. Colliers India, a diversified professional services and investment management company has been appointed to set up the manufacturing facility. Epic Group will invest around Rs […]

Apparel, Fashion, Retail

US Secondhand Garment Sales Grow Faster Than Traditional Retail

Textile Insights March 28, 2024

Secondhand apparel sales in the United States increased by 11 percent to US $43 billion in 2023, which is seven times faster than traditional garment retail sales and is forecast to reach $73 billion by 2028. This was the finding of a report titled ‘2024 Retail Resale Report’ released by ThredUp’s and conducted by third-party […]

Export

Philippine Apparel Exports To EU Losing Out On GSP+ Due To ROO

Textile Insights March 28, 2024

Export markets like the European Union favour apparels from countries that have their own domestic source of raw materials like yarns and fabrics, to comply with Rules of Origin (ROO) regulations. “So, it is important to have domestic supply of textiles, especially for garments that are shipped to the EU,” Robert Young, Head of the […]

Technical Textile & Nonwoven

India May Extend QCO On Technical Textiles In Future

Textile Insights March 28, 2024

The Indian government is planning to encompass more textile products under the new quality control order (QCO) which include technical, protective, and build-tech textiles. The move comes in response to concerns on cheap Chinese textiles flooding the market and aims to elevate India’s reputation in global manufacturing by enforcing stringent quality standards. “While the

Dyes & Chemicals

Hwasung Adopts GTT Empel Water & PFAS-Free Textile Finishing

Textile Insights March 28, 2024

Green Theme Technologies (GTT) suppliers of the Empel water-free and PFAS-free textile finishing has forayed into South Korea by partnering with textile innovator Hwasung International. Hwasung is the first Korean mill to offer the Empel high performance technology to global footwear brands and regional Korean mill customers. Hwasung is known for providing high performance

Cotton

Soorty Launches Regenerative Cotton Project In Pakistan

Textile Insights March 28, 2024

Soorty has launched the Soorty Regenagri Initiative (SRI) in collaboration with the Rural Education & Economic Development Society (REEDS) to advance sustainable practices in Pakistan. The project is aimed at revitalising agricultural ecosystems through regenerative farming and promises to restore soil health, rebuild climate resilience, and create a sustainable legacy

Technical Textile & Nonwoven

Kelheim Develops Sustainable Women’s Period Innerwear

Textile Insights March 28, 2024

Kelheim Fibres and Gebr.Otto will showcase their joint concept aimed at making women’s period innerwear high performance and more sustainable at Techtextil 2024. The two companies will showcase a solution for period innerwear made from biobased materials, distinguished by performance metrics at the BW-i joint stand and the IVGT joint stand in Hall 12.1. The […]