News - Textile Insights

Apparel, Fashion, Retail

VIP Clothing Launches Branded Handkerchiefs

Textile Insights December 27, 2024

VIP Clothing Ltd., a leader in the innerwear market, is proud to announce the launch of its first-ever range of branded handkerchiefs under its accessories division. This strategic move aims to transform traditionally unorganized categories into branded essentials, further strengthening VIP’s

Economy

IMF Grants US$ 645 Million To Support Bangladesh’s Economy

Textile Insights December 27, 2024

The International Monetary Fund (IMF) announced on December 26 that it will grant US$ 645 million to support Bangladesh’s economy, which is US$ 105 million less than the US$ 750 million requested by the government to address its current economic challenges. Of the total amount, US$ 426 million will be provided through the IMF’s Extended […]

Economy

Bangladesh Requests Policy Shift For Recyclable Plastics Imports

Textile Insights December 27, 2024

Bangladesh’s textile millers have urged the government to allow the import of recyclable plastics and provide adequate support for utilizing plastic flakes and polyester staple fibre (PSF) products, which are produced following proper procedures. Showkat Aziz Russell, president of the Bangladesh Textile Mills Association (BTMA), highlighted that these products could serve

Export

FIEO Plans To Boost Indian Exports To The US Amid Tariff Shifts

Textile Insights December 27, 2024

The Federation of Indian Export Organisations (FIEO) has outlined a strategic plan to enhance India’s exports to the United States, capitalizing on opportunities arising from potential tariff hikes on Chinese goods under the administration of US President-elect Donald Trump. Israr Ahmed, Vice President of FIEO, emphasized the need for financial support to enable

Export

Vietnam Poised To Surpass Bangladesh In Garment Exports

Textile Insights December 27, 2024

Vietnam’s garment exports are projected to reach US$ 44 billion in 2024, marking an 11% year-on-year growth and positioning the country to surpass Bangladesh as the world’s second-largest garment exporter, according to a Vietnamese media report. In comparison, Bangladesh has set a lower export target of US$ 40.48 billion for garments in FY 2024-25, representing

Event

Textile Leaders Unite For Sustainability At IIT Delhi

Textile Insights December 27, 2024

The North India Section of The Textile Institute (NISTI), in collaboration with the Department of Textile and Fibre Engineering, IIT Delhi, hosted the Conference on Sustainability in Textiles & Clothing on December 14, 2024, at IIT Delhi. This milestone event brought together policymakers, industry leaders, academicians, researchers, and students to explore innovative

Machinery

DTY Jet Insert APe043 Redefines Low Denier Yarn Processing

Textile Insights December 27, 2024

Record-small 0.65mm Orifice Unveiled at GTTES 2025 Heberlein Technology, a global leader in air interlacing and texturing jets, will showcase its latest innovations at GTTES 2025 in Mumbai, India. The key attractions include the HemaJet-LB06 housing generation and the DTY jet insert APe043, which boasts a record-small 0.65 mm orifice, ensuring superior performance in

Corporates

Premier Evolvics Unveils Advanced Cotton Testing Facilities at CCI

Textile Insights December 23, 2024

Premier Evolvics has inaugurated state-of-the-art high volume cotton testing facilities at Cotton Corporation of India Ltd, graced by Union Minister of Textiles, Giriraj Singh. During the event, Karthikay Dhanda, Secretary, TC, showcased the advanced features of the PREMIER ART2 instrument, emphasizing its cutting-edge technology for superior cotton quality assessment.

Apparel, Fashion, Retail

Van Heusen Launches ‘VH Evening’ Sub-Brand For Eveningwear

Textile Insights December 23, 2024

Van Heusen, known for premium formal and wedding wear under Aditya Birla Fashion and Retail Ltd, has unveiled its new sub-brand, ‘VH Evening,’ marking its entry into the eveningwear segment for men and women. The line blends sophistication with bold, dressed-up casuals, designed to redefine evening elegance and cater to modern, style-conscious professionals. The debut […]

Industry

Mexico Raises Textile Import Tariffs To 35% To Support Domestic Industry

Textile Insights December 23, 2024

Mexico has raised import tariffs on textile products to as much as 35%, according to Economy Minister Marcelo Ebrard, in a move to support its domestic textile industry. The new tariffs, announced on December 19 alongside President Claudia Sheinbaum, will apply until April 22, 2026. Finished textile products will face a 35% tariff, while textile […]

VIP Clothing Launches Branded Handkerchiefs

IMF Grants US$ 645 Million To Support Bangladesh’s Economy

Bangladesh Requests Policy Shift For Recyclable Plastics Imports

FIEO Plans To Boost Indian Exports To The US Amid Tariff Shifts

Vietnam Poised To Surpass Bangladesh In Garment Exports

Textile Leaders Unite For Sustainability At IIT Delhi

DTY Jet Insert APe043 Redefines Low Denier Yarn Processing

Premier Evolvics Unveils Advanced Cotton Testing Facilities at CCI

Van Heusen Launches ‘VH Evening’ Sub-Brand For Eveningwear

Mexico Raises Textile Import Tariffs To 35% To Support Domestic Industry

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