October 5, 2026
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Corporates

Trützschler Partners With Agansa For Enhanced Service In Indonesia

Trützschler, a leader in spinning and card clothing, has partnered with Agansa to strengthen its service network in Indonesia, one of the world’s largest textile markets. Agansa, selected as Trützschler’s service partner in 2023, will deliver expert support in spinning and card clothing to local customers. Agansa, headquartered in Bandung with a branch office in […]
Corporates

Debrand Opens New U.S. Facility To Boost Textile Circularity

Debrand, a pioneer in next-life logistics for the apparel and footwear industry, has announced the opening of its inaugural U.S. facility in Columbus, Ohio. This 32,000-square-foot facility is strategically located to support the growing demand for scalable advanced textile sortation services and to expand Debrand’s circular textile ecosystem, which stands as North
Industry

Maersk Boosts China-Bangladesh Textile Trade With New SH3 Service

A.P. Moller-Maersk (Maersk) has launched a new ocean shipping service, SH3, between China and Bangladesh to meet the increasing trade demand, particularly in the retail industry. The service began on July 7, 2024, enhancing the existing ocean network between the two countries by adding more capacity. The SH3 service rotation starts from Shanghai Port in […]
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 November. This positions them to strive towards meeting the export target […]
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 […]

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