News - Textile Insights - Page 268

Corporates

Welspun USA Acquires Christy Home Inc. To Expand US Market

Textile Insights September 18, 2024

Welspun USA Inc., a subsidiary of Welspun Living Limited, has announced the acquisition of Christy Home Inc. (CHI), a newly established entity in the United States. Christy Home Inc. was incorporated on July 1, 2024, with a focus on trading home textile products under the Christy brand in the

Industry

Chinese Firms To Invest In Pakistan’s Textile Raw Material Production

Textile Insights September 18, 2024

Two major Chinese companies have announced plans to establish manufacturing plants in Pakistan, focusing on raw materials for the textile industry, with support from the Special Investment Facilitation Council (SIFC). Rainbow Industries Limited, in partnership with Shaoxing Chemical Industry, is spearheading a joint venture aimed at revitalizing Pakistan’s textile

Export

Pakistan’s Textile Exports Up 5.37% In July- August 2024

Textile Insights September 18, 2024

Textile exports from Pakistan grew by 5.37% during the first two months (July and August) of the current financial year (2024-25), reaching US$ 2.92 billion compared to US$ 2.77 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). Key contributors to this growth include cotton cloth exports, which rose […]

Machinery

Trützschler To Showcases Innovations At ITMA Asia 2024

Textile Insights September 18, 2024

From October 14-18, Trützschler Group will present cutting-edge machines and technologies in Spinning, Card Clothing, and Nonwovens at ITMA Asia 2024. Visit us at Booth C11 in Hall 7 to explore the future of textile machinery. Trützschler Spinning At this year’s event, Trützschler Spinning will unveil its newest carding technology, tailored specifically for the Chinese

Machinery

Moving Forward, Forging Ahead: CHTC Fong’s

Textile Insights September 18, 2024

CHTC Fong’s Group is pleased to invite global customers to attend the ITMA ASIA + CITME 2024 Textile Machinery Exhibition, to be held from October 14 to 18 at the Shanghai National Convention and Exhibition Centre. The event aims to provide a platform for global textile machinery manufacturers and professionals in the textile industry to […]

Event

ITMF & IAF Convention Highlights Textile Industry’s Future In Samarkand

Textile Insights September 17, 2024

The joint ITMF Annual Conference and IAF World Fashion Convention took place from September 8-10 in Samarkand, Uzbekistan. Co-organized by the International Apparel Federation (IAF) and the International Textile Manufacturers Federation (ITMF), and hosted by Uztextileprom, the Uzbekistan Textile and Garment Industry Association, and the Chamber of Commerce & Industry

Industry

Government Mandates Fire-Resistant Upholstery For Public Furniture

Textile Insights September 17, 2024

In a major step to boost fire safety, the Government has enacted new regulations requiring fire-resistant upholstery fabrics for non-domestic furniture. Starting from October 2023, the Quality Control Order (QCO) will enforce compliance with Bureau of Indian Standards (BIS) IS 15768:2008 for all upholstery used in public spaces. This new regulation applies to a wide […]

Industry

Wayanad Tragedy Hits Onam Sales, Textile Sector Struggles

Textile Insights September 17, 2024

The recent Wayanad tragedy has led to muted Onam celebrations in Kerala, significantly affecting knitwear manufacturers in Tirupur and textile traders in Erode. In Erode, the EKM Abdul Gani Textile Market, commonly known as Gani Market, is struggling as the lack of festive business takes a toll. “Given the landslide in Wayanad, we anticipated a […]

Apparel, Fashion, Retail

SHEIN Rises To Fourth In German Market, Poised To Overtake NIKE

Textile Insights September 17, 2024

GlobalData’s latest “German Clothing Market in 2028” report highlights SHEIN’s rapid rise in the German fashion market, now the fourth-largest clothing brand. With its cost-effective and trendy offerings, SHEIN is poised to move up another spot by 2024. The German fashion market has bounced back to pre-pandemic levels in 2023, with footwear and

Apparel, Fashion, Retail

H&M Introduces Pre-Loved Fashion In New Götgatan Store

Textile Insights September 17, 2024

H&M has unveiled its most impressive store to date in Götgatan, Stockholm, offering a refined architectural design that complements the A/W 2024 collection, one of the brand’s strongest to date. The store pays tribute to Södermalm’s vibrant culture, with specially curated collections reflecting the neighbourhood’s essence, celebrating individuality. It also introduces

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