News - Textile Insights - Page 337

February 25, 2026

Corporates

Piyush Goyal Welcomes Epic Group’s US$100 Million Investment In Odisha

February 19, 2024

In a significant stride towards bolstering India’s manufacturing prowess, Epic Group’s Executive Chairman Ranjan Mahtani and Aryan Mahtani met Piyush Goyal, Minister of Commerce and Industry of India. The focal point of discussion was Epic Group’s ambitious blueprint to

Corporates

Globe Textiles To Acquire Globe Denwash For Propelling Growth In Sustainable Fashion

February 19, 2024

Globe Textiles India Ltd (GTIL), a leader in the textile industry, has revealed plans for an acquisition aimed at propelling its growth trajectory and reinforcing its commitment to sustainability. The acquisition of Globe Denwash Pvt Ltd will be facilitated through the purchase of shares, marking a significant step in GTIL’s forward integration strategy. The

Corporates

HeiQ Names Julien Born CEO For Climate-Positive Fibre Venture

February 18, 2024

HeiQ has announced the appointment of Julien Born as the CEO of HeiQ AeoniQ Holding, an independent subsidiary established to attract investors and value-chain partners. With an ambitious multi-year plan to scale up the world’s first climate-positive cellulosic filament fibre, this move signals a significant step forward. Bringing with him unique executive leadership

Event

Messe Frankfurt Organising Three Textile Fairs In Uzbekistan

Textile Insights February 17, 2024

Messe Frankfurt is planning to introduce seven exhibition events covering textiles & textile technologies consumer goods, mobility & logistics in Uzbekistan. The German trade fair organiser will cooperate closely with its partner, Business Media Central Asia (BMCA) on this business expansion. This was announced at a press conference which was attended by Eugen

Apparel, Fashion, Retail

US Retailer Target Launches Apparel & Cosmetics Priced Below $1

Textile Insights February 17, 2024

US based retailer Target has unveiled a new budget brand that will offer shoppers low-cost clothes, electronics, beauty products, and home items. “Dealworthy, the brand will feature nearly 400 everyday basics, with most items under $10 and some costing less than $1,” Target said in a press release. The range will include items such as […]

Export

Stop Bangladesh Exports Via Delhi Air Cargo Complex: AEPC

Textile Insights February 17, 2024

The Apparel Export Promotion Council (AEPC) has appealed to the Indian government to suspend transshipment of Bangladesh export cargo to third countries via Delhi Air Cargo complex. Earlier, such transhipment of Bangladesh export cargo was allowed only via Kolkata Air Cargo Complex, AEPC said. The Central Board of Indirect Taxes and Customs (CBIC) had issued […]

Export

Pakistani Textile Exports Grow For Second Consecutive Month

Textile Insights February 17, 2024

Pakistani textile exports grew for the second consecutive month in January 2024 and totaled US $1.45 billion, up 10.10 percent year on year and 3.98 percent month on month. Cotton yarn exports registered a remarkable 19.78 percent year on year growth and stood at $81.295 million. However, they declined 14.65 percent when compared with December […]

Cotton

Aussie Trade Body Pitches For Australian Cotton Mark On Apparel

Textile Insights February 17, 2024

Aussie cotton trade body Cotton Australia is pushing brands and retailers to apply and display the Australian Cotton mark on their products, from underwear to socks, towels, sheets and clothing. Cotton Australia said that there has been an increase in retailers and brands applying to use its Australian cotton mark and so Aussie shoppers will see […]

Sustainability

Galaxy Of Speakers Address TAI Sustainability Conference

Textile Insights February 17, 2024

The Textile Association (India), Mumbai Unit which recently organised International Conference on ‘Sustainability and Circularity – The New Challenges for the Textile Value Chain’ on January 2024 witnessed attendance of 275 delegates. VC Gupte, Chairman, TAI, Mumbai Unit explained the concept of circularity and circularity model, in which all materials are viewed as

Economy

250 Exhibitors Participating At Intertextile Home Textiles

Textile Insights February 16, 2024

Over 250 exhibitors from seven countries and regions have booked their booths for the Spring Edition of Intertextile Shanghai Home Textiles taking place from March 6-8 in Shanghai. “Synchronising with China’s peak sourcing season, the upcoming show will cater to the diverse needs of buyers seeking the newest solutions to spring the home textiles industry […]

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