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Industry

10 Uzbekistan Textile Companies Bag WRAP Certification

Textile Insights January 9, 2024

10 textile companies located in Uzbekistan have obtained the prestigious Worldwide Responsible Accredited Production (WRAP) international standard certificate. “The Uztex group was among the first textile companies in Uzbekistan and Central Asia to receive the WRAP certificate,” according to

Economy

TAI Organising Conference On Sustainability & Circularity

Textile Insights January 9, 2024

The Textile Association (India), Mumbai Unit is organising an international conference, ‘Sustainability and Circularity – The New Challenges for The Textile Value Chain’ on January 31 at Hotel Lalit, Mumbai. TAI Mumbai has planned this conference to appraise the Indian textile fraternity, including designers and fashion schools about new circular sustainable models.

Export

Cotton Imports By Bangladesh Decline Significantly In 2023

Textile Insights January 9, 2024

Bangladeshi cotton imports declined significantly to 1.35 million tons, decreasing by 24.85 percent compared to 1.80 million tons in 2022. Imports of cotton, yarn and fabric by Bangladesh slipped in 2023, although exports of apparel grew 3.67 percent the same year But imports of manmade fibre registered a growth in 2023; due to Bangladeshi apparel […]

Cotton

Cotton Outlook: Reduced Production In The US, Global Stocks On The Rise

January 9, 2024

December 2023/24 U.S. cotton forecasts include lower production, mill use and ending stocks. Production is reduced by 314,000 bales to 12.8 million largely due to a 500,000-bale decrease in the Texas crop. U.S. mill use is reduced by 150,000 bales as spinning activity continues to lag, and at 1.9 million bales, it is expected to […]

Export

2023 Most Difficult Year For Vietnam Textile & Garment Exports

Textile Insights January 8, 2024

2023 has been the most difficult year for textile and garment exports in the past 29 years. This was said by Cao Huu Hieu, Director of Vietnam Textile and Garment Group (Vinatex). Hieu said this while addressing a press conference while summarising the developments in the Vietnamese textile and apparel industry in 2023. Hieu added […]

Technical Textile & Nonwoven

China’s Technical Textile & Nonwoven Output Declines 3.4%

Textile Insights January 8, 2024

Between January and November, technical textile and nonwoven production of Chinese companies above designated size fell 3.4 percent year-on-year, a decline which is narrowing since the third quarter. However, overseas demand has tended to be still weak, putting exports from the industry under greater pressure. “However the production growth of cord fabrics continued

Industry

Sircilla Textile Park Located In Telangana Closes Temporarily

Textile Insights January 8, 2024

The Sircilla Textile Park located in Telangana state has closed temporarily after weaving companies located in the Park decided to shut down to cut down losses suffered by them The weavers located in the Park are losing Rs 3 per metre for every metre of fabric that they manufacture and they said they are not […]

Export

Textile Exporters Hold Back Shipments Amid High Freight Costs

Textile Insights January 8, 2024

The Indian Commerce Ministry is monitoring developments on the situation at the Red Sea, amid textile and garment exporters holding back their shipments owing to fears about higher freight costs. The cost of freight and insurance has risen due to ships being compelled to avoid the region and take a longer route around the Cape […]

Apparel, Fashion, Retail

Late Winter Troubles Woollen Clothing Producers & Retailers

Textile Insights January 8, 2024

Although winter season is nearly half way through, woollen clothing manufacturing and retailers are facing a demand slowdown as the temperatures have still not dropped in several parts of India. Due to the late arrival of winter or it not remaining cold throughout the winter months in the last few years, the retailers had already […]

Apparel, Fashion, Retail

Fashion Giants Investing In Bangladesh Wind Power Energy

Textile Insights January 8, 2024

Bestseller and the H&M, both fashion retailing giants have pledged to invest in a 500 MW offshore wind power project in Bangladesh. The project is currently in the early-stage of development by the Copenhagen Infrastructure Partners’ (CIP) in collaboration with Summit Power and is expected to be operational in 2028. “Bestseller is aiming to reduce […]

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