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Industry

HeroWear Exosuits Increase Workplace Productivity By 8%

February 4, 2024

HeroWear, a leading manufacturer specializing in soft, textile-based exoskeletons known as exosuits, released a new industry report demonstrating an 8% increase in productivity through the use of their technology. Conducted in collaboration with an international grocery retailer, the study also

Financial Results

Himatsingka Sees Positive Growth In Q3 FY24 With 35.3% EBITDA Surge

February 4, 2024

In the quarter ended December 31, 2023, Himatsingka, a leading textile manufacturer, reported consolidated financial highlights showcasing both challenges and triumphs. The company’s consolidated total Income decreased by 3.3% YoY to Rs 725.10 crore compared to Rs 750.04 crore in Q3 FY23. EBITDA witnessed robust growth, surging by 35.3% to Rs 158.39 crore from Rs

Financial Results

Banswara Syntex Reports Subdued Performance In 9MFY24 Amidst Market Slowdown

February 4, 2024

In a recent announcement, Banswara Syntex Ltd, a leading textile company, disclosed its financial results for the first nine months of fiscal year FY24. Commenting on the results, Ravindra Kumar Toshniwal, Managing Director, remarked, “The second half of fiscal year FY24 has begun on a softer note, with challenges persisting, particularly on the demand side […]

Financial Results

Eastman Chemical Company Posts Robust Results For Q4 & FY2023

February 4, 2024

Eastman Chemical Company reported fourth-quarter and full-year 2023 results with significant achievements. The company generated approximately US$ 1.4 billion in cash from operating activities in 2023, showcasing robust cash flow. Demonstrating commercial prowess, Eastman offset macro-driven volume challenges with pricing excellence, reducing costs by about US$ 200 million

Product Launch & Innovation

DuPont & Point Blank To Provide Kevlar EXO Body Armour To North American Law Enforcement Personnel

February 4, 2024

DuPont and Point Blank Enterprises have announced an exclusive agreement to provide North American state and local law enforcement departments with body armour made with Kevlar EXO aramid fibre. Representing a major innovation in aramid fibres, Kevlar EXO offers an unparalleled blend of lightweight, flexibility and protection for intense conditions. Point Blank, leveraging

Apparel, Fashion, Retail

SquadLocker and TeamSnap Join Forces For Seamless Team Apparel Experience

February 4, 2024

SquadLocker and TeamSnap are teaming up to provide an improved experience for sports teams. Every new team created on the TeamSnap app will now have access to a personalized Team Store through SquadLocker’s Partner API. Team administrators can customize gear using SquadLocker’s extensive catalog, featuring brands like Nike and Adidas. The partnership introduces

Industry

Karur Textile Manufacturer Exporters’ Association Launches First Merchandiser Course

February 4, 2024

The Karur Textile Manufacturer Exporters’ Association (KTMEA) achieved another milestone in its dedicated service to the home textile industry with the inauguration of the first batch of the Merchandiser course. The momentous event took place at KTMEA’s Training Centre on February 1, 2024, with the President M. Nachimuthu leading the inauguration ceremony. The

Export

China’s Polyester Exports Cross 10,000 Kilo Tons In 2023

Textile Insights February 3, 2024

China’s exports of polyester raw materials like PSF, PFY, PET fibre chip, PET bottle chip and BOPET have crossed the landmark of 10,000 kilo tons in any year for the first time in 2023. “Overall polyester overseas shipments touched 11,160 kilo tons in 2023, an increase of 13 percent or 1,280 kilo tons over its […]

Financial Results

Net Profit At Century Textiles Soars 855 Percent In Q3FY’24

Textile Insights February 3, 2024

Net profit at Century Textiles and Industries Ltd soared 855 percent to Rs 83.3 crore in the third quarter of the fiscal 2023-24, compared to Rs 8.72 crore in the corresponding quarter of the previous fiscal. The Aditya Birla Group’s company revenues in the three months to December 31, 2023 increased 8.8 percent to Rs […]

Export

2023 Chinese Cotton Yarn Imports From India Jump Four Times

Textile Insights February 3, 2024

Chinese cotton yarn import volumes from India jumped four times to 248,000 tons in 2023 as against 56,400 tons in 2022 and accounted for 16 percent of total cotton yarn imports. The total Chinese import volume of cotton yarn for 2023 totaled 1.55 million tons, growing by a massive 41.9 percent compared to 1.09 million […]

HeroWear Exosuits Increase Workplace Productivity By 8%

Himatsingka Sees Positive Growth In Q3 FY24 With 35.3% EBITDA Surge

Banswara Syntex Reports Subdued Performance In 9MFY24 Amidst Market Slowdown

Eastman Chemical Company Posts Robust Results For Q4 & FY2023

DuPont & Point Blank To Provide Kevlar EXO Body Armour To North American Law Enforcement Personnel

SquadLocker and TeamSnap Join Forces For Seamless Team Apparel Experience

Karur Textile Manufacturer Exporters’ Association Launches First Merchandiser Course

China’s Polyester Exports Cross 10,000 Kilo Tons In 2023

Net Profit At Century Textiles Soars 855 Percent In Q3FY’24

2023 Chinese Cotton Yarn Imports From India Jump Four Times

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