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Dyes & Chemicals

Archroma Launches End-To-End Solutions ‘Super Systems+’

Textile Insights February 15, 2024

Archroma has introduced Super Systems+, an end-to-end system, which combines fibre-specific processing solutions and intelligent effects to help positively impact economic and environmental sustainability. Archroma’s Super Systems+ suite encompass wet processing solutions that deliver

Industry

Hyosung Invited To Invest In Bangla MMF Fibres Textiles Sector

Textile Insights February 15, 2024

The President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan called upon Hyosung Corporation to invest in manmade fibre textiles sector. He made the call when a delegation of BGMEA led by him visited Hyosung Corporation in South Korea. In the meeting they discussed issues related mutual trade interests, especially the prospect of […]

Financial Results

Gross Margin Expands 480bps At Arvind Fashions In Q3FY’24

Textile Insights February 15, 2024

Gross margin expanded 480 basis points (bps) year over year to 53.3 percent at Arvind Fashions in the fiscal quarter ended December 31, 2023. According to an Arvind Fashions press release, this improvement was driven by a 2 percent retail like-to-like growth, enhanced execution in the retail channel, and a strategy of lower discounting. The […]

Financial Results

Q3FY’24 Revenues Jump 34.88% At Dyes Producer Vipul Organics

Textile Insights February 15, 2024

Manufacturer of dyes and pigments, Vipul Organics reported a 34.88 percent year on year jump in revenues which stood at Rs 3,761 lakhs in the third quarter ended December 31, 2023. However, net profit in the three months to December 31, 2023 soared 650.19 percent from a year ago quarter on a consolidated basis and […]

Cotton

Electric Robot Harvester Can Help Boost Cotton Yields By 20%

Textile Insights February 15, 2024

A new field robot named Afara and developed by a Turkish cotton farmer is fully electric, fully autonomous, and could help cotton yields jump between 5 and 20 percent. Afara’s inventor said that between 5 to 20 percent of cotton is left on the plants after the conventional self-propelled harvesters have left the field. Due […]

Export

Sri Lankan Exports Of Apparel Drop 18.81% In 2023

Textile Insights February 14, 2024

Sri Lankan exports of apparel in 2023 amounted to US $4,535 million, dropping by 18.81 percent compared to $5,591 million in 2022 Of this exports of knitted garment totaled $2,705 million in the previous year, down 20.13 percent as against $3,387 million in 2022 Woven clothing overseas shipments reached $1,735 million in the reporting year, […]

Industry

Ethiopia Gets $28mn From UNIDO To Promote Textile Sector

Textile Insights February 14, 2024

Ethiopia signed a US $28 million agreement with the United Nations Industrial Development Organization (UNIDO) to promote growth of the Ethiopian textile and apparel industry. The project will be financed in collaboration with the Global Environmental Facility (GEF) of which UNIDO’s share of the program is $3 million. Over the next five years, the Ethiopian […]

Industry

Global Trade Associations Urge Unity To Keep Red Sea Open

Textile Insights February 14, 2024

100 various industry trade associations from across the globe including the American Apparel & Footwear Association (AAFA) and the International Apparel Federation (IAF) called for a wider cooperation to keep shipping lanes open and safe. The signatories, representing a range of critical industries like food and agricultural products, retail, energy, clothing, shoes,

Fibre

Lenzing Promotes Tencel For Intimate Wear At Intimasia Fair

Textile Insights February 14, 2024

Lenzing’s leading textile brand for lyocell and modal fibres, Tencel exhibited at the 6th edition of Tencel x Intimasia exhibition, marking a significant advancement in India’s intimate wear industry. According to a Lenzing press release, the demand for Tencel as well as Lenzing Ecovero viscose fibres has been increasing rapidly in the Indian intimate wear […]

Technical Textile & Nonwoven

Sustainability Will Be Primary Focus For INDA In 2024

Textile Insights February 14, 2024

INDA, the Association of the Nonwoven Fabrics Industry has announced sustainability as a primary focus for 2024. “This initiative, backed by support from INDA’s leadership, is a response to feedback from members affirming that sustainability remains one of nonwovens industry’s highest priorities,” INDA said in a press release. INDA’s sustainability endeavour will centre

Archroma Launches End-To-End Solutions ‘Super Systems+’

Hyosung Invited To Invest In Bangla MMF Fibres Textiles Sector

Gross Margin Expands 480bps At Arvind Fashions In Q3FY’24

Q3FY’24 Revenues Jump 34.88% At Dyes Producer Vipul Organics

Electric Robot Harvester Can Help Boost Cotton Yields By 20%

Sri Lankan Exports Of Apparel Drop 18.81% In 2023

Ethiopia Gets $28mn From UNIDO To Promote Textile Sector

Global Trade Associations Urge Unity To Keep Red Sea Open

Lenzing Promotes Tencel For Intimate Wear At Intimasia Fair

Sustainability Will Be Primary Focus For INDA In 2024

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