Trade & Market

Vietnam-India Business Meeting Strengthens Trade And Investment Ties

Textile Insights March 29, 2025

A Vietnam-India business meeting was held in New Delhi on March 26 to support Vietnamese enterprises in enhancing competitiveness and expanding their presence in the Indian market, further strengthening bilateral trade and investment. Ranjeet Mehta, Secretary-General and CEO of the PHD Chamber

Sustainability

Aquafil Unveils Breakthrough In Textile Recycling

Textile Insights March 29, 2025

After over a decade of research and innovation, Aquafil has achieved a major milestone in textile recycling with the launch of the world’s first demonstration plant capable of chemically separating elastic fibres from nylon. This groundbreaking technology addresses one of the textile industry’s toughest recycling challenges, reinforcing Aquafil’s leadership in responsible

Industry

Kosovo Ambassador Meets BGMEA Administrator To Strengthen Trade Ties

Textile Insights March 29, 2025

Lulzim Plana, Ambassador of the Republic of Kosovo, met Anwar Hossain, Administrator of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Vice Chairman of the Export Promotion Bureau (EPB), at the EPB office in Dhaka on March 24. The discussion centered on enhancing bilateral trade and investment, with a focus on expanding Bangladeshi garment […]

Fabric

Shein Expands Use of Deadstock Fabrics By Over 40% In 2024

Textile Insights March 29, 2025

Shein, the global online fashion and lifestyle retailer, has significantly increased its use of deadstock fabrics, utilizing over 28,000 metres in 2024—marking a 40% rise from the 19,000 metres recorded the previous year. By repurposing surplus materials from other brands and manufacturers, Shein has saved more than 200,000 cubic metres of water, 4,000 kilogrammes of […]

Corporates

Jens Reinig Appointed CFO of Freudenberg Performance Materials

Textile Insights March 29, 2025

Freudenberg Performance Materials has appointed Jens Reinig as Chief Financial Officer (CFO), effective April 1, 2025. Currently serving as Senior Vice President (SVP) of Finance & Controlling, he succeeds Marco Altherr, who will leave the Freudenberg Group on March 31, 2025, to pursue new opportunities. CEO Dr Andreas Raps acknowledged Altherr’s contributions,

Event

13-Day Nagaland Handloom Expo Begins in Kohima

Textile Insights March 29, 2025

The 13-day Nagaland state handloom expo, showcasing indigenous textiles and handicrafts, commenced at Kohima village ground on Thursday, March 27. Organized by the Nagaland Directorate of Industries and Commerce and funded by the Development Commissioner (Handlooms), Ministry of Textiles, under the National Handloom Development Programme (NHDP), the event aims to promote

Cotton

Better Cotton Renews Standard Recognition Agreement With ABRAPA

Textile Insights March 29, 2025

Better Cotton has extended its standard recognition agreement with ABRAPA (Brazilian Cotton Growers’ Association), ensuring continued alignment between the ABR (Responsible Brazilian Cotton) Programme and the Better Cotton Standards System (BCSS). Effective retroactively from October 2024 to October 2025, the agreement will automatically renew for three years if all

Apparel, Fashion, Retail

Forever 21 Files For Bankruptcy Again, Plans US Wind-Down

Textile Insights March 29, 2025

Forever 21’s US operating company has filed for bankruptcy for the second time in six years, citing intense competition from foreign fast fashion brands and shifting consumer trends. The retailer announced plans for an “orderly wind-down” of its US business while keeping stores and its website operational for now. Liquidation sales will be conducted, and […]

Sustainability

Hohenstein 2024 Sustainability Report Outlines Progress & Future Goals

Textile Insights March 29, 2025

Hohenstein, a global testing and research provider, has released its 2024 Sustainability Report, outlining its progress and future goals. The report documents sustainability initiatives at its German headquarters and records the company’s global greenhouse gas emissions (Scope 1, 2, and 3) for the first time. Hohenstein sees ecological, social and economic sustainability

Product Launch & Innovation

BASF Launches First Commercial Loopamid Plant For Recycled Polyamide 6

Textile Insights March 29, 2025

Shanghai facility to produce 500 metric tonnes annually, certified under GRS BASF has commenced operations at the world’s first commercial loopamid plant at its Caojing site in Shanghai, China. With an annual capacity of 500 metric tonnes, the facility marks a significant step toward sustainable solutions for the textile industry. “The startup of this plant […]