Industry

Massive Fire Erupts Again At Surat’s Shiv Shakti Textile Market

Textile Insights February 27, 2025

A massive fire erupted in the four-storey Shiv Shakti Textile Market just hours after a blaze had been controlled in the building’s basement shops. The incident created panic in the area as Surat Fire and Emergency Services (SFES) teams, along with firefighters from multiple stations, launched

Sustainability

HUGO BOSS Introduces Eightyards For Textile Upcycling

Textile Insights February 27, 2025

Eightyards GmbH, a wholly-owned subsidiary of the HUGO BOSS Group, officially commenced business operations. Based in Metzingen, the new venture enables HUGO BOSS to repurpose its surplus materials, giving them a new lease of life. Eightyards operates across three core business areas: reselling, reusing, and re-, up-, and downcycling the Group’s surplus textiles for

Industry

Beximco Textiles Shuts Down Operations, Workers’ Dues To Be Paid In Phases

Textile Insights February 27, 2025

Beximco Textiles has announced the closure of all its factories, with operations ceasing completely from 28 February. The company has laid off all officers, employees, and workers, citing a lack of work. A company notice states that worker dues will be paid in phases starting 9 March, with the finance and labour ministries providing the […]

Machinery

Barmag Showcases Sustainable Textile Technologies At SaigonTex 2025

Textile Insights February 27, 2025

Barmag, a subsidiary of the Swiss Oerlikon Group, will present its advanced textile solutions at SaigonTex 2025 from April 9-12 in Ho Chi Minh City, Vietnam. Visitors at Hall A, Stand 1J01 can explore sustainable and efficient technologies from Oerlikon Barmag, Oerlikon Neumag, and Oerlikon Nonwoven, with a focus on recycling, digitalization, and high-performance yarn […]

Corporates

Sweden’s Syre Eyes US$ 1 Billion Polyester Recycling Plant In Binh Dinh

Textile Insights February 27, 2025

Swedish textile company Syre has expressed interest in investing $700 million to over $1 billion in a polyester fiber recycling factory in Vietnam’s Binh Dinh province. The company shared its plans during a working session with the provincial People’s Committee, where Tim King, Operations Director at Syre, highlighted key challenges, including the supply of raw […]

Machinery

Premier Looms Showcases High-Speed Looms At GTTES 2025

Textile Insights February 27, 2025

Premier Looms, a leading textile machinery manufacturer since 1976, unveiled its latest innovations at GTTES 2025. The company introduced its high-speed Airjet Looms, “Make in India” Water Jet Loom, and CAM Rapier Loom, reinforcing its commitment to advanced, efficient, and high-performance textile machinery. Premier Looms’ high-speed Airjet Looms,

Event

KEN India To Celebrate Founders’ Day On 1st March 2025

Textile Insights February 26, 2025

KEN India, a leading textile industry player, will celebrate its Founders’ Day on 1st March 2025, paying tribute to the legacy of Late Hariprasad Bagdiya, whose vision shaped the company’s success. The annual event will bring together 1,800 team members, including over 1,000 women, for a day of celebration, recognition, and cultural activities. The event […]

Corporates

CMAI & BillMart Fintech Partner To Simplify Trade Finance For Garment Manufacturers

Textile Insights February 26, 2025

CMAI collaborates with BillMart to provide AI-driven trade finance and bill discounting solutions for faster liquidity and business growth. The Clothing Manufacturers Association of India (CMAI) has signed a strategic MoU with BillMart Fintech Pvt. Ltd., designating it as the official Digital Funding Partner for its members. BillMart, a leading digital lending platform

Corporates

DyStar To Consolidate Charlotte Operations Into Reidsville Facility After Land Sale

Textile Insights February 25, 2025

DyStar, a global specialty chemical company, has announced the sale of its Charlotte, North Carolina, manufacturing facility and the subsequent consolidation of operations into its Reidsville, North Carolina, site. The move aims to enhance production efficiency and align with the company’s long-term growth strategy for the Americas. The property, currently housing DyStar

Sustainability

California Proposes Law For Fashion Sustainability Disclosure

Textile Insights February 25, 2025

California legislators have introduced the Fashion Environmental Accountability Act (AB 405), a bill aimed at increasing transparency in the fashion industry’s environmental impact. The proposed law would require fashion brands with annual revenues exceeding $1 billion and operating in California to disclose carbon emissions, water usage and waste. Retailers selling used