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Cotton

CAI January Cotton Output Estimates Unchanged From December

Textile Insights February 22, 2024
In its January 2024 estimates, the Cotton Association of India (CAI) has kept its cotton production as well as consumption in the 2023-24 cotton season unchanged as against its forecast in December 2023. In its January report, CAI has projected cotton output at 294.10 lakh bales of 170 kg each
Cotton

India Withdraws 11% Import Duty On Extra Long Staple Cotton

Textile Insights February 22, 2024
The Indian Commerce Ministry through a notification has removed import duty on imports of extra long staple (ELS) cotton, which has length exceeding 32mm. The government has however retained import duty of 11 percent on short staple cotton. Various textile mills associations were lobbying since a long time for removal of the duty on cotton […]
Financial Results

Oerlikon Group Sales Drop 7.4% To CHF 2,693 Million In 2023

Textile Insights February 22, 2024
Oerlikon Group sales dropped 7.4 percent year on year to CHF 2,693 million in 2023, which includes a negative foreign exchange (FX) headwind of 6 percent and a 4.5 percent positive impact from Riri acquisition. Group order intake last year decreased 17.8 percent over a year ago period to CHF 2,457 million. Adjusted for FX […]
Industry

Apparel Brands Advised To Reassess Myanmar Sourcing Policy

Textile Insights February 22, 2024
Garment workers advocacy group Fair Wear, has urged member clothing brands to re-assess their sourcing policy for Myanmar after the government announced a conscription law for military service. “The military council of Myanmar announced a conscription law in February that makes young men and women subject to military service if called up, effective immediately,” Fair […]
Sustainability

Lululemon Unveils Enzymatically Recycled Nylon 6.6 Apparel

Textile Insights February 22, 2024
US apparel brand Lululemon has partnered with Australian enviro-tech startup, Samsara Eco and unveiled the world’s first enzymatically recycled nylon 6.6 product. “This marks a key milestone in textile-to-textile recycling and lululemon’s work to create a circular ecosystem,” Lululemon said in a press release. Using recycled nylon 6.6 made with Samsara Eco’s technology,
Fibre

Recycled Cellulose Pulp Maker Renewcell Adds 25 More Members

Textile Insights February 22, 2024
Swedish textile-to-textile recycler Renewcell has added 35 new members to the Circulose Supplier Network (CSN), which now totals 151 spinners, weavers, textile mills, garment manufacturers, and more. The 35 new additions consist of 10 suppliers with vertical operations, 16 yarn spinners, 4 garment manufacturers as well as denim and home textile mills. “Launched in July
Event

ITM 2024 Exhibition Will Be Held From June 4-8 In Istanbul

Textile Insights February 21, 2024
ITM 2024 exhibition will be held from June 4-8, 2024 in Istanbul where visitors will have the opportunity to discover the technologies that will shape the future of textile. ‘ITM 2024 will be organised this year with the motto ‘Discover the Future’ and will offer an unmissable opportunity for those who want to discover the […]
Machinery

Mimaki Europe Celebrating 20th Anniversary At FESPA Amsterdam

Textile Insights February 21, 2024
Mimaki Europe is celebrating its 20th anniversary and will celebrate its extensive portfolio of technologies at its FESPA stand and also at Mimaki’s Experience Centre, just 10 minutes from the show. Mimaki Europe, a manufacturer of inkjet printing and cutting technologies will bring the latest in UV print technology, including brand new products to FESPA […]
Industry

Bangla Apparel Sector Shining Example Of Workplace Safety

Textile Insights February 21, 2024
President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan said the apparel industry in Bangladesh is a shining example of workplace safety in the world. Faruque Hassan was speaking at opening ceremony of the 9th International Fire Safety and Security Expo, where he added that workplace safety within garment sector is serving […]
Export

Vietnamese Textile & Apparel Sector Sees Growth In Export Orders

Textile Insights February 21, 2024
The Vietnamese textile and apparel industry is seeing a rise in orders from its major export markets and so is optimistic about the reaching export target of US $44 billion set for 2024. A majority of exporters have reported that they have received orders for production until May 2024. The Garment 10 Corporation JSC said […]
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