News - Textile Insights

Cotton

Aussie Cotton Now Has Dashboard To Ensure Transparency

Textile Insights May 27, 2024

In what is believed to be a world first for a cotton producing country, Cotton Australia has launched a data dashboard to transparently report Australian cotton information across a range of metrics including production, yield, quality, and social and environmental sustainability. Using a

Export

EU Market To Prohibit Import Or Sale Of Forced Labour Goods

Textile Insights May 27, 2024

The European Parliament has given its final 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. If a product is deemed to have been made […]

Fibre

Hyosung TNC Expanding Production Of Spandex For Diapers

Textile Insights May 27, 2024

Hyosung TNC has plans to expand production facilities of spandex for diapers, including polymerisation processes, at its spandex plants in India and Turkey by February 2025. The investment aims to increase supply stability for the rapidly growing demand for diaper spandex in India’s domestic market and in global markets such as Europe, the Middle East, […]

Sustainability

Birla Cellulose And Ka-sha Launch Sustainable Products Brand “RoZz”

May 27, 2024

In today’s rapidly evolving landscape, the call for sustainability echoes loudly across industries. Among those grappling with significant sustainability challenges, the textile sector stands out for its impact on the environment and communities. Birla Cellulose emerges as a leader in this situation, pioneering innovative solutions for a sustainable future. With a

Corporates

Bodal Chemicals Announces Permanent Closure Of Several Manufacturing Units

May 26, 2024

Bodal Chemicals has announced the permanent cessation of production activities at its manufacturing facilities in Unit-1, Unit-3, and Unit-4 located at Vatva GIDC, Ahmedabad. These units, which have been producing dye intermediates and dyestuffs, were constructed between 1989 and 1993. Due to technological advancements, these older plants have become economically unviable

Financial Results

Grasim Industries Achieves Highest-Ever Revenue And EBITDA In FY24

May 26, 2024

Grasim Industries Ltd has reported its highest-ever consolidated revenue of Rs 1,30,978 crore for the financial year ending March 31, 2024, marking an 11% year-on-year increase. This achievement is attributed to the robust performance across its diversified business portfolio, particularly in building materials and financial services. The company’s consolidated

Corporates

Ralph Lauren Appoints Justin Picicci As New CFO

May 26, 2024

Ralph Lauren Corporation has appointed Justin Picicci as Chief Financial Officer (CFO), effective immediately. Jane Nielsen, who has served as CFO and Chief Operating Officer (COO) since 2019, will remain COO, continuing to lead operational and strategic functions through Fiscal 2025 (ending March 29, 2025). This appointment is part of a strategic succession plan to […]

Corporates

Loepfe Brothers Welcome Markus Kleindorp As New CEO

May 26, 2024

Loepfe Brothers has announced the appointment of Markus Kleindorp as its Chief Executive Officer (CEO), signaling a strategic shift in leadership and direction. Markus Kleindorp, a distinguished figure within the textile industry, joins Loepfe Brothers Ltd with a wealth of experience garnered from his successful tenure within the Vandewiele Group and his previous role as

Industry

TANA BANA Series: Strategies For Textile Industry Marketing And Branding

May 26, 2024

Following the successful inauguration of the TANA BANA Mega Textile Series, the second session of the series was held at the Institution of Engineers, Mahida Bhawan, Icchanath, Surat on Saturday, 25th May at 5.30 PM. The event was focused on “Marketing and Branding Strategies for the Textile and Garment Industry.” Kotak Mahindra Bank partnered as […]

Corporates

Huntsman 2023 Sustainability Report Showcases Innovative Products To Meet Sustainability Challenges

May 26, 2024

Huntsman Corporation has released its 2023 corporate sustainability report, “Solutions for Sustainability,” available on Huntsman.com/sustainability. This interactive report showcases Huntsman’s contributions to addressing sustainability challenges through its innovative products. “The report underscores how Huntsman’s solutions are vital for

Aussie Cotton Now Has Dashboard To Ensure Transparency

EU Market To Prohibit Import Or Sale Of Forced Labour Goods

Hyosung TNC Expanding Production Of Spandex For Diapers

Birla Cellulose And Ka-sha Launch Sustainable Products Brand “RoZz”

Bodal Chemicals Announces Permanent Closure Of Several Manufacturing Units

Grasim Industries Achieves Highest-Ever Revenue And EBITDA In FY24

Ralph Lauren Appoints Justin Picicci As New CFO

Loepfe Brothers Welcome Markus Kleindorp As New CEO

TANA BANA Series: Strategies For Textile Industry Marketing And Branding

Huntsman 2023 Sustainability Report Showcases Innovative Products To Meet Sustainability Challenges

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