Home Textiles

China’s Home Textile Exports Slip Slightly In First 10 Months

Textile Insights December 4, 2023

Chinese home textile exports totaled US $27.33 billion in the period between January and October 2023, down by just 0.5 percent from a year ago period. “Home textile exports in October were $2.81 billion, down from $3.30 billion in September. Exports had grown in August and September, but

Home Textiles

Indian Home Textile Companies Revenue To Rise 7-8% In FY’24

Textile Insights November 29, 2023

In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in the current fiscal. ICRA’s sample of four […]

Home Textiles

Chinese Home Textile Exports Reverse Downward Trend In Aug

Textile Insights October 11, 2023

Chinese home textile exports were able to reverse the downward trend witnessed in the last few months and turned positive in August 2023. Home textile exports in August 2023 amounted to US $3.07 billion, up 2.3 percent year-on-year, while in the first eight months of 2023, they stood at $21.46 billion, down 1.5 percent from […]

Home Textiles

Pure Parima Expands Luxury Line With Egyptian Cotton Towels And Bathrobes

October 11, 2023

Pure Parima, a top online bedding supplier known for its 100% certified Egyptian cotton sheets, is expanding its product range. The company has introduced a new collection of Egyptian cotton towels and bathrobes. The New Jersey-based company is renowned for its commitment to transparency and quality. Turab Hassan, the company’s SEO manager, stated, “Pure Parima

Home Textiles

Home Textiles Makers’ Revenue And Profitability To Rebound This Fiscal

September 19, 2023

Improved operating performance to keep credit outlook stable despite moderate capex Revenue of the home textile industry is set to rise 7-9% this fiscal after a ~15% fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad. The industry’s operating profitability […]

Home Textiles

Welpsun India Aims To Be Debt-Free In Fiscal 2025-26

Textile Insights September 6, 2023

Welspun India, a major manufacturer and which exports 90 percent of home textiles production, plans to be debt-free by 2025-end and 2026-beginning. This was informed by Dipali Goenka, the Joint Managing Director and CEO of Welspun India, who also informed about the company’s plan to invest Rs 300 crore in various initiatives. “Welspun India is […]

Home Textiles

Operating Profit Of Home Textile Sector To Improve 150-200bps

Textile Insights September 4, 2023

Operating profitability of the Indian home textiles sector will improve 150-200 basis points to 14.0-14.5 percent, due to lower raw material costs and better operating leverage. In a report, Crisil Ratings added that despite improvement in operating profitability, they will still hover below pre-pandemic levels. The ratings agency also said that revenues from the home […]

Home Textiles

Trident bags European Patent For Air Rich Yarn & Fabric

Textile Insights July 24, 2023

Trident Ltd has been granted a European patent for “Process of Manufacturing a Fabric with Homogeneous Pores”. The present invention comprises a method of producing Air rich yarn and fabric with pores throughout the cross-section thereby producing Air Rich fabrics and yarns which have high wettability, easy dryablity, quick absorbency and increased thickness. “These

Home Textiles

Two Uttar Pradesh Textile Products Bag GI Tag

Textile Insights June 28, 2023

Home furnishings from Baghpat and handlooms of Barabanki, both located in Uttar Pradesh have received the Geographical Indication (GI) tags GI tag is a sign used on the products that have a specific geographical origin and possess qualities or reputation that are due to that origin. These GI tags not only protect the authenticity of […]

Home Textiles

Hästens Partners With MadaLuxe Group To Open 20 New Stores In US

April 26, 2023

Swedish luxury bedding company Hästens has partnered with MadaLuxe Group to open 20 new Hästens stores across the United States in the next five to seven years With the first two stores’ leases already signed and slated to open this year, Hästens is making steps into opening more U.S. brick-and-mortar retail storefronts. The first of […]