Sustainability

UKFT Launches Reuse And Recycling Membership To Boost Circular Fashion

Textile Insights March 20, 2025

The UK Fashion & Textile Association (UKFT) has announced the launch of a new Reuse and Recycling membership category, aimed at supporting textile collectors, sorters, graders, mechanical recyclers, upcyclers, and recycling innovators. The new category will provide strategic guidance,

Export

Bangladesh’s RMG Exports To EU Surge By 61% In Jan

Textile Insights March 20, 2025

Bangladesh’s readymade garment (RMG) exports to the European Union (EU) recorded a strong 61% growth in January 2025, outpacing major competitors such as China, Vietnam, Turkey, and India. According to Eurostat data released on March 18, Bangladesh’s apparel exports to the EU reached €1.91 billion in January 2025, up from €1.18 billion in January 2024. […]

Corporates

SOLARIC Installs 421 KWp Rooftop Solar Plant At COATS BD

Textile Insights March 20, 2025

SOLARIC, the largest rooftop solar company in Bangladesh and a leader in sustainable energy solutions, has announced the successful completion of a new 421 KWp rooftop solar power plant at the COATS BD factory in Rajendrapur, Gazipur. The installation will enhance the factory’s energy mix with clean energy, reducing carbon emissions, lowering electricity costs, and […]

Export

Pakistan’s Textile Exports Drop By US$ 272.6 Million In February

Textile Insights March 20, 2025

Pakistan’s textile exports fell sharply by US$ 272.6 million in February compared to January, as high production costs driven by expensive electricity continue to pressure the sector. According to data from the Pakistan Hosiery Manufacturers Association (PHMA), textile exports stood at US$ 1.41 billion in February, down from US$ 1.68 billion in January. Knitwear exports

Trade & Market

Indonesia Pushes For Early Completion Of IEU-CEPA To Boost Textile Industry

Textile Insights March 20, 2025

The Indonesian government has called for the swift completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) to protect and strengthen its textile industry amid global geopolitical uncertainty. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted that the European Union (EU) is Indonesia’s largest market for

Event

BCEFW 2025 Showcases Regional Talent and Sustainability

Textile Insights March 18, 2025

The 15th edition of Budapest Central European Fashion Week (BCEFW) took place in mid-February, featuring over 50 Hungarian and regional brands. Organized by the Hungarian Fashion & Design Agency (MDDÜ), the event reinforced Central Europe’s growing influence in fashion, attracting global buyers, journalists and influencers. Hungarian brands showcased designs inspired

Industry

DuPont’s Kevlar EXO Named Finalist For 2025 Edison Awards

Textile Insights March 18, 2025

DuPont’s Kevlar EXO has been named a finalist for the 2025 Edison Awards in the Critical Safety Materials Advancement category. Kevlar EXO represents a major advancement in body armour technology, offering enhanced ballistic protection without compromising on comfort or mobility. Kevlar EXO features unmatched pliability, allowing it to contour to body curves for a more

Industry

AAFA Honours American Textile Company With 2025 American Image Award

Textile Insights March 18, 2025

American Textile Company (ATC) has been honoured as the 2025 American Image Awards Company of the Year by the American Apparel & Footwear Association (AAFA). The prestigious award, presented at the American Image Awards Gala on April 29, 2025, in New York City, recognizes exceptional leadership, achievement and innovation in the fashion, textile and footwear […]

Financial Results

Mango Reports Strong Growth In 2024 With Record Turnover Of €3.339 Billion

Textile Insights March 18, 2025

Mango, a leading international fashion brand, has reported a significant increase in all key financial indicators for the 2024 financial year. The company’s turnover reached €3.339 billion, marking a 7.6% increase from 2023. At constant exchange rates, turnover rose by 11.6%, outperforming the market average. Gross operating profit (EBITDA) grew by 19% to €636 million,

Financial Results

Inditex Achieves Record Sales And Profits In 2024

Textile Insights March 18, 2025

Inditex reported a strong financial performance for 2024, with sales increasing by 7.5% to €38.6 billion, driven by robust execution of its integrated business model and strong customer response to its collections. Sales growth was positive across all concepts, with sales in constant currency rising by 10.5%. Online sales saw a 12.0% increase, reaching €10.2 […]