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Indian Textile Industry Trends For 2024 & Beyond

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Gujarat’s New Textile Policy: 30% Capital Subsidy Sparks Growth

Indian Textile Industry: Perspectives From 2023 And Hopes For 2024

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Industry

Brazil’s Decarbonisation Strategy Set To Revolutionise Textile Industry

Textile Insights December 5, 2024
With the implementation of Brazil’s National Circular Economy Strategy in June 2024 and its upcoming role as the G20 Summit host, the country is positioned to lead the textile sector towards sustainable and low-carbon operations. Brazil’s abundant renewable energy resources are central to its
Industry

EU-Vietnam FTA Threatens Bangladesh’s RMG Exports

Textile Insights December 4, 2024
Bangladesh’s RMG exports to the EU could decline by 21% due to the EU-Vietnam Free Trade Agreement (FTA) and Bangladesh’s LDC graduation, a study by RAPID and Friedrich-Ebert Stiftung revealed. The report highlights that Bangladesh’s overall exports to the EU may drop by 21% as it loses duty-free access under the Everything But Arms (EBA) […]
Sustainability

DS Group Unveils India’s First Outdoor Liquid Tree

Textile Insights December 3, 2024
In a pioneering effort to advance urban sustainability, the Dharampal Satyapal Group (DS Group), a prominent FMCG conglomerate, has partnered with Liquid Trees, a climate tech startup, to unveil India’s first outdoor Liquid Tree. Installed at the DS Headquarters in Noida, this marks a significant step in the fight against climate change and urban air […]
Event

ITAMMA’s 81st AGM Honors J.H. Shah With Lifetime Achievement Award

Textile Insights December 3, 2024
The Indian Textile Accessories and Machinery Manufacturers’ Association (ITAMMA) celebrated its 81st Annual General Meeting (AGM) with a focus on digital transformation, sustainability, and innovation. The event was marked by the felicitation of J.H. Shah, former ITAMMA President and Trustee, with the prestigious Lifetime Achievement Award, recognizing his
Event

Industry Leaders Discuss The Impact Of Automation On Textiles At TAI Conference

Textile Insights December 3, 2024
The Textile Association (India), Mumbai Unit, organized an International Conference on “Automation and Robotics in the Textile & Apparel Industry” on November 15, 2024, at Hotel The Lalit, Mumbai. The event was attended by over 350 delegates from the textile industry, including professionals, business leaders, and experts, who gathered to discuss the role
Corporates

JD Sports Completes €520 Million Acquisition Of Courir

Textile Insights December 3, 2024
JD Sports Fashion Plc has finalized its acquisition of Groupe Courir S.A.S for €520 million, following conditional clearance from the European Commission on October 22, 2024, and the fulfillment of all required conditions. Régis Schultz, CEO of JD Sports Fashion Plc, described the acquisition as a significant step in the company’s European Complementary Concepts strategy.
Corporates

Milliken Partners With Tidal Vision To Advance Biodegradable Chemistries

Textile Insights December 3, 2024
Milliken & Company, a global leader in diversified manufacturing, has announced a strategic investment and partnership with Tidal Vision, a biomolecular technologies company specializing in chitosan-based solutions. This collaboration will drive the introduction of biodegradable chemistries across Milliken’s markets, aligning with their ongoing commitment to
Corporates

Bluesign Partners With LIM Group For Sustainable Denim Manufacturing

Textile Insights December 3, 2024
Bluesign, a global leader in sustainability solutions for the textile industry, has announced its partnership with LIM Group as their first laundry system partner in Italy. This collaboration positions Bluesign as a one-stop resource for LIM’s teams, which work with top designers and luxury brands on their denim programmes. The partnership is especially significant in […]
Corporates

Sophie Haan To Leave Ahlstrom By End Of January 2025

Textile Insights December 3, 2024
Sophie Haan, Executive Vice President (EVP) of the Protective Materials division and a member of Ahlstrom’s Executive Leadership Team, has decided to leave the company to pursue a new career opportunity. Sophie will continue in her current role until the end of January 2025. The search for her successor will begin immediately. Helen Mets, President […]
Corporates

Abercrombie & Fitch Co. Promotes Robert Ball As CFO

Textile Insights December 3, 2024
Abercrombie & Fitch Co. has announced the promotion of Robert Ball to Chief Financial Officer, effective November 20, 2024. In his new role, Ball will join the company’s executive leadership team, reporting to Scott Lipesky, Executive Vice President and Chief Operating Officer. Ball, who has nearly 22 years of experience with Abercrombie & Fitch Co., […]
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    Indian Textile Industry Trends For 2024 & Beyond

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