News - Textile Insights - Page 338

Event

Surat’s Textile Industry Gets A Boost With Launch Of Mega Textile Series TANA BANA

April 25, 2024

The Institute of Engineers has initiated a groundbreaking program, the Mega Textile Series TANA BANA, aimed at fortifying Surat’s textile industry at the grassroots level. In collaboration with various industry partners, knowledge partners, and associations, the program seeks to empower

Sustainability

Yet Another Bangla Garment Factory Bags Green LEED Certificate

Textile Insights April 25, 2024

Yet another Bangladesh apparel factory, Fashion Makers Ltd has been awarded with the green certification Leadership in Energy and Environmental Design (LEED) in Platinum category. Of the top 100 green garment factories globally, 55 are located in Bangladesh, which is above 50 percent of all global clothing factories who have been awarded the LEED certificate. […]

Corporates

Vietnamese Garment Exporter’s Dividend 10 Times Of Share Price

Textile Insights April 25, 2024

Vietnamese apparel exporter Phan Thiet Garment Export (PTGE) is paying the 2023 dividend to its shareholders, which is 10 times above its prevailing share price. At a recent AGM, the board of directors approved a 100 percent dividend whose payout is VND 5,000 per share as against its current market share price of VND 500. […]

Industry

China’s Cotton Textile Prosperity Index Above Critical Point

Textile Insights April 25, 2024

China’s Cotton Textile Prosperity Index has rebounded to above the critical point of 50 in March from that recorded in February 2024. China’s cotton textile prosperity index in March was 52.9%, higher than the critical point and up 6.5 percentage points from February. Cotton textile factories have successfully resumed work and production after the spring […]

Dyes & Chemicals

BASF’s Sustainable Polyamides For Textiles Now RCS Certified

Textile Insights April 25, 2024

BASF’s sustainable polyamide PA6 and PA6.6 product range, Ultramid Ccycled is now also certified as Recycled Claim Standard (RCS) for textile applications. “This label enables manufacturers to market certified textiles that have been produced using recycled raw materials,” the German company said in a press release. The production of Ultramid Ccycled is based on the

Apparel, Fashion, Retail

Dun & Bradstreet Q2 Business Optimism Index Higher By 4.2%

Textile Insights April 25, 2024

The Dun & Bradstreet Composite Business Optimism Index stands at 75.9 percent for the second quarter of 2024, 4.2 percent higher compared to first quarter of 2024 for India. Four out of six optimism indices have shown improvement with optimism for net profits at an eight-quarter high. The Index which has been measuring the changing […]

Policies

European Parliament Approves Ban On Forced Labour Products

Textile Insights April 25, 2024

The European Parliament has given its approval to a new regulation enabling the EU to prohibit the sale, import, and export of goods made using forced labour. “Member state authorities and the European Commission will be able to investigate suspicious goods, supply chains, and manufacturers,” a press release informed. If a product is deemed to […]

Event

Arvind Unveils Indigo Art Museum At Kingpins Show Amsterdam

Textile Insights April 24, 2024

Arvind Ltd will unveil the Indigo Art Museum, dedicated to the indigo dye at the prestigious Kingpins Show in Amsterdam which starts from April 24. The Indigo Art Museum is a groundbreaking institution dedicated to exploring the rich history, artistic expression, and diverse applications of indigo. By partnering with Kingpins in Amsterdam, a hub for […]

Export

BGMEA Seeks US Govt Support To Ensure Fair Minimum Garment Price

Textile Insights April 24, 2024

Bangladesh garment exporters have sought support and collaboration of the US government to ensure fair minimum price of apparel and a unified code of conduct for social audits. This was conveyed by office bearers of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a meeting with United States Trade Representative (USTR) delegation. “BGMEA also […]

Fibre

Beaulieu Fibres Intl Launches Sustainable Fibres Program

Textile Insights April 24, 2024

Beaulieu Fibres International has launched its Sustainable Fibres Program in a bid to drive ‘fibres that build futures’ Beaulieu Fibres has introduced its Sustainable Fibres Program to help reshape fibres for sustainable solutions. Through the initiative, it is looking to gain insights into challenges encountered by customers across the value chain to identify

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