News - Textile Insights - Page 242

Economy

‘India’s Continued Growth As A Hub For Flexible Staffing Is Essential To Meet Competitive Demand Of Digital Economy’

Textile Insights December 9, 2024

The Indian Staffing Federation (ISF) has released the Indian IT Staffing – Sectoral & State Employment Trends Report 2024, underscoring significant trends and projections within India’s IT flexi staffing industry. The report provides an in-depth analysis of trends in IT

Corporates

ABFRL And GIZ Unveil Pioneering Circularity Guidelines For Textile Industry

Textile Insights December 8, 2024

Aditya Birla Fashion and Retail Ltd (ABFRL), in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), launched India’s first circularity guidelines for the textile and apparel industry at the Sankalp Bharat Summit 2024 in Varanasi. Titled “Stitching the Circle: A Roadmap for Circular Textiles & Apparel in India,” the

Cotton

AbTF And TextileGenesis To Enhance Traceability For Cotton Made In Africa

Textile Insights December 7, 2024

The Aid by Trade Foundation (AbTF) and TextileGenesis, a Lectra Group company, have announced the continuation of their partnership to advance traceability for Cotton made in Africa (CmiA) verified fibre. This collaboration underscores their shared commitment to sustainable cotton production and supply chain transparency. CmiA, a leading standard for sustainable cotton,

Corporates

Recover Expands Global Footprint With New Recycling Facility In Vietnam

Textile Insights December 7, 2024

Recover, a global leader in recycled cotton fibre and cotton fibre blends, has announced the opening of its newest manufacturing facility in Vietnam’s Dong Nai province, a strategic move in its global expansion strategy. The state-of-the-art factory is slated to begin operations by early 2025, positioning Recover to significantly contribute to sustainable practices in

Corporates

Circularise Secures Investment From Teijin Group To Drive Supply Chain Transparency

Textile Insights December 7, 2024

Circularise, a blockchain-based platform for supply chain transparency and traceability, has announced a strategic pre-Series B investment from Teijin Group. This collaboration positions Teijin as a key partner in advancing Circularise’s mission to enhance transparency and sustainability across global supply chains. Following its successful Series A funding in 2022, this

Corporates

ANDRITZ Partners With Circ To Build Landmark Textile Recycling Plant

Textile Insights December 7, 2024

International technology group ANDRITZ has secured an engineering order from Circ, a U.S.-based textile recycling innovator, to develop its first large-scale textile recycling plant. This groundbreaking facility will be the first to successfully recover cotton and polyester from blended textile waste, marking a significant step toward circularity in the fashion industry.

Event

Most Preferred Workplace – Manufacturing, IT And ITES Edition 2024

Textile Insights December 7, 2024

Nurturing Culture, Building World-Class Organisations In the rapidly evolving landscape of global business, the blueprint of organisational success is being rewritten. At the heart of this transformation lies an undeniable truth: the most powerful competitive advantage is not technology, infrastructure, or capital, but the people who drive an organisation forward. Creating

Industry

Global Denim Fabric Market To Grow To $27.9 Bn By 2030

Textile Insights December 6, 2024

The global denim fabric market, valued at $18.1 billion in 2020, is projected to grow to $27.9 billion by 2030, registering a compound annual growth rate (CAGR) of 4.4%, according to a report by Allied Market Research. The Asia-Pacific region dominated the market in 2020, accounting for nearly 80% of global revenue. APAC is expected […]

Apparel, Fashion, Retail

PUMA Signs Long-Term Partnership With Portuguese Football Federation

Textile Insights December 6, 2024

PUMA has signed a long-term agreement with the Portuguese Football Federation (FPF), marking a significant milestone in the brand’s football strategy. Starting in 2025, PUMA will provide equipment for all male, female and youth teams, as well as the federation’s futsal, beach football and eSports teams. Portugal, renowned for its captivating playing style and notable

Corporates

Bangladesh To Invest $19.53 Million In Mongla EPZ

Textile Insights December 6, 2024

Bangladesh BaoRui Textile Co. Ltd., a Chinese enterprise, has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a composite textile manufacturing facility in the Mongla Export Processing Zone (EPZ). The $19.53 million investment aims to strengthen Bangladesh’s textile sector and boost local employment opportunities. The

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