June 17, 2026
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Export

Vietnam Garment Exports Rise, Challenges Remain

The garment and textile industry anticipates robust growth in the latter half of 2024, driven by increasing orders and improving consumer demand. Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, expressed optimism as many enterprises have secured orders for October and
Industry

Uzbekistan And Azerbaijan Textile Partnership Grows Stronger

The 13th meeting of the joint Intergovernmental Commission on Cooperation between Uzbekistan and Azerbaijan, held in Bukhara on July 10, emphasized the deepening collaboration in the textile sector. Chaired by Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, and Mikayil Jabbarov, Azerbaijan’s Minister of Economy, the discussions
Financial Results

Rieter Group Reports Strong H1 2024 Order Intake

In the first half of 2024, Rieter Group achieved a significant order intake of CHF 403.4 million, marking a 24% increase compared to the same period last year. However, sales declined to CHF 421.0 million, down 44% from the previous year, as anticipated. Amid a challenging business environment, Rieter maintained a 2.1% EBIT margin through […]
Industry

SGCCI Calls for Policy Revisions In Textile Industry

Vijay Mewawala, President of The Southern Gujarat Chamber of Commerce and Industry (SGCCI), led a delegation on July 15th, to meet with key government officials, advocating for critical reforms in the textile sector. Accompanied by Union Minister for Jal Shakti, Shri C.R. Paatil, Mewawala engaged in discussions with Union Minister of Textiles, Giriraj Singh, addressing
Apparel, Fashion, Retail

Hugo Boss Adjusts 2024 Outlook Amid Global Challenges

Hugo Boss has revised its financial outlook for 2024, citing persistent macroeconomic and geopolitical challenges that are dampening global consumer demand and industry growth. These factors impacted the company’s performance in key markets like the UK and China during the second quarter. Preliminary figures show a 1% decline in currency-adjusted Group sales to EUR
Export

India’s Textile And Apparel Exports Surge 4.08%

India’s textiles and apparel sector has shown promising growth, with exports rising by 4.08% to US$ 8.785 billion in April-June 2024. This performance comes amid a shifting global market, where India’s strategic positioning and competitive advantages are becoming more evident. Textile exports saw a 3.99% increase in the first quarter of fiscal 2024-25, while
Corporates

Rieter Wins Historic Order From DIW

On July 16, 2024, Rieter and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) signed a contract for over 700 Autoconer X6 winding machines, marking the largest order in Rieter China’s history. This deal strengthens their strategic partnership, aiming to develop advanced spinning operations and achieve new levels of quality,
Corporates

Indo Count And Shreeram Cotton Sign MoU For Regenagri Cotton Project

Indo Count Industries Ltd, a leader in home textiles manufacturing, and Shreeram Cotton Industries, a premier ginning unit and ICS based in Gujarat known for producing premium Sankar-6 cotton, have signed a Memorandum of Understanding (MoU) to launch the Regenagri Cotton Project, marking a significant step forward in sustainable agriculture. This collaboration unites two

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