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India Apparel Exports May Shrink 6-9% In FY26 Due To US Tariff Hike: ICRA

Textile Insights September 17, 2025

India’s apparel exports are set to decline by 6-9% in FY26, with credit rating agency ICRA revising the industry outlook to Negative from Stable, citing the steep hike in US tariffs and pricing pressures. ICRA expects exporters’ operating profit margins to contract by 200-300 basis points,

Industry

BGMEA Seeks Faster Customs Services To Boost Garment Exports

Textile Insights September 17, 2025

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the National Board of Revenue (NBR) to ensure faster, hassle-free Customs, VAT, and bond-related services to support the country’s US$ 47-billion readymade garment (RMG) sector. The appeal was made at a meeting on Wednesday between BGMEA leaders, led by first Vice President Syed Nazrul Islam,

Export

Bangladesh RMG Exports To EU Surge, Compliance Challenges Ahead

Textile Insights September 17, 2025

Bangladesh’s readymade garment (RMG) exports to the European Union (EU) rose 48.34% between 2020 and 2024, reaching €18.79 billion, consolidating its position as the bloc’s second-largest apparel supplier. Data from Eurostat shows exports climbed from €12.32 billion in 2020 to €18.28 billion in 2024, outpacing the EU’s overall apparel import growth of 24.92% during the

Event

ISFMA Hosts Successful Two-Day Yarn Expo

Textile Insights September 16, 2025

The Ichalkaranji Shuttleless Fabrics Manufacturers Association (ISFMA) successfully hosted Yarn Expo 2025 at Panchratna Hall, Ichalkaranji, drawing approximately 1,800 visitors over the two-day event. Held on September 11–12, the expo featured active participation from nearly 50 companies, with Lenzing as the platinum sponsor and Aditya Birla Group’s Grasim Industries and

Event

INDA Reveals Finalists for 2025 RISE Innovation Award

Textile Insights September 16, 2025

Conference set for October 14–15 in Raleigh, NC INDA, the Association of the nonwoven fabrics industry, has announced the three finalists for the 2025 RISE Innovation Award, a highlight of the RISE (Research, Innovation & Science for Engineered Fabrics) Technology Conference. The award recognizes breakthrough innovations in nonwoven and engineered fabrics with the

Financial Results

Culp Narrows Q1 Loss On Restructuring Gains, Tariff Headwinds Persist

Textile Insights September 16, 2025

Culp Inc., a leading US supplier of bedding and upholstery fabrics, reported a narrower net loss of US$ 0.2 million for Q1 FY26, compared to a US$ 7.3 million loss a year earlier, as restructuring gains lifted margins despite soft demand and tariff pressures. Revenue declined 10% YoY to US$ 50.7 million, hit by weakness […]

Corporates

Levi’s Names Alia Bhatt Global Brand Ambassador

Textile Insights September 16, 2025

Denim giant Levi’s has appointed actor Alia Bhatt as its new global brand ambassador, marking a high-profile partnership aimed at reshaping the brand’s positioning in women’s fashion. The collaboration comes at a time when the category is witnessing a shift towards relaxed fits, wide legs and looser silhouettes, which are moving from seasonal trends to […]

Corporates

Second Spin Turns India’s Hotel Textile Waste Into Value

Textile Insights September 16, 2025

India’s hospitality sector is becoming the launch pad for a new circular economy play. Enviu, under the Saamuhika Shakti initiative supported by the H&M Foundation, is scaling up its textile waste venture Second Spin, which is repurposing discarded hotel linens into new products, while bringing waste pickers into the formal value chain. The venture, part […]

Corporates

Phifer Expands Specialty Fabrics With Sunbrella Licensing Partnership

Textile Insights September 16, 2025

Collaboration to debut Sunbrella Sling collection in early 2026 Phifer Incorporated has entered into a licensing agreement with Glen Raven Materials Solutions Group to produce Sunbrella-branded Sling fabrics for outdoor furniture, further strengthening its specialty textile portfolio. The partnership combines Phifer’s 70 years of expertise in performance fabrics with

Sustainability

National Cotton Council Launches “Plant Not Plastic” Campaign To Tackle Microplastic Pollution

Textile Insights September 16, 2025

The National Cotton Council (NCC) has launched its “Plant Not Plastic” campaign to raise awareness of microplastic pollution and the role clothing plays in it. The campaign follows a 2025 consumer survey of 974 participants, which revealed that only 33% of respondents were “very aware” of microplastic pollution, and just 42% of those recognized synthetic […]

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