News - Textile Insights

Fibre

Metsä & Andritz Cooperate On Pre-Study For Producing Kuura Fibre

Textile Insights April 19, 2024

Finland based Metsä Group is cooperating with international technology group Andritz to conduct a pre-study for the first possible commercial mill producing the Kuura textile fibre. “This new type of textile fibre, developed by Metsä Group’s innovation company Metsä Spring, is made from Finnish

Export

Pakistani Textile & Garment Exports Grow Slower At 3.2% In March

Textile Insights April 19, 2024

After posting double digit growth in three previous consecutive months Pakistan’s textile and garment exports slipped into low single digit growth in March 2024 Exports of textiles and apparels grew by a paltry 3.29 percent to US $1.29 billion in March as against $1.25 billion in the same month of 2023, data from Pakistan Bureau […]

Corporates

Indo Count Acquires Iconic US Brand WAMSUTTA

April 19, 2024

Strategic Acquisition Strengthens Indo Count’s Global Reach and Brand Prestige Indo Count, the largest global bed linen manufacturer and exporter from India, announces its strategic acquisition of the international home fashions brand WAMSUTTA from Beyond Inc. Wamsutta – an industry-leading home fashions brand – has delighted generations of consumers with luxurious

Machinery

James Heal Celebrates 25th Year With Two New Product Launches

Textile Insights April 19, 2024

To celebrate its 25th anniversary, UK-based textile testing solutions provider James Heal has launched two new instruments in its tensile and compression testing range, which includes the Titan 25 and upgraded the Titan 10. Having seen sustained growth in the market for personal protective equipment (PPE), like safety workwear and equipment, James Heal designed the […]

Industry

Operating Margin Of Cotton Yarn Spinners To Hike 150-200bps: CRISIL

Textile Insights April 19, 2024

After the turmoil in fiscal 2023-24, operating margins of Indian cotton yarn spinners will improve by 150-200 bps to 10.5-11 percent in fiscal 2024-25 after hitting decadal lows of 8.5-9 percent in previous fiscal. According to a CRISIL report, in fiscal 2023-24, profitability was affected by lower cotton yarn spreads and inventory losses. “This ongoing […]

Sustainability

Redress To Help Textile Businesses Comply With EPR Regulations

Textile Insights April 19, 2024

Reconomy, a global circular economy specialist, has launched a tech-enabled, international service to help businesses comply with textile Extended Producer Responsibility (EPR) regulations. The service called ReDress will help businesses understand and manage their global obligations under textile EPR laws, including timelines, financial impacts, and reporting

Cotton

Sourcery Expands Provisional Partnership Programme To Transform Cotton Trade

April 19, 2024

Sourcery announces the expansion of its Provisional Partnership Programme, extending invitations to ten denim mills, manufacturers, and verticals from Pakistan, Bangladesh, Vietnam, Turkey, and Italy. This initiative, successful in India and Pakistan, offers Provisional Direct-to-Grower™ Manufacturer Partners the opportunity to engage in a “test-drive” of

Event

FAB Show 2024 Boosts India’s Textile & Apparel Industry

April 18, 2024

The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), orchestrated by the Clothing Manufacturers Association of India (CMAI), culminated in resounding success, heralding a promising era for the country’s textile and apparel sector. Spanning three days from April 15 to April 17 at the Bombay Exhibition Centre, Mumbai, the event exceeded all anticipations,

Product Launch & Innovation

Techtextil Innovation Award Picks Winners In Various Categories

Textile Insights April 18, 2024

The Techtextil Innovation Awards has picked winners across various categories, celebrating advances in textile industry, who have addressed key challenges in aviation, automotive, medicine, and construction. Belgian textile research institute Centexbel bagged the award in the ‘New Approaches on Sustainability & Circular Economy’ category under the Techtextil Innovation

Cotton

USDA Forecasts Aussie Cotton Crop At 5mn Bales In 2023-24

Textile Insights April 18, 2024

Australia’s cotton production in the current season is forecast to rise by 200,000 bales to reach 5 million bales in the 2024-2025 cotton season, the US Department of Agriculture (USDA) said in its report The Aussie cotton crops are likely to benefit from average rainfall during the southern hemisphere winter and spring and the area […]

Metsä & Andritz Cooperate On Pre-Study For Producing Kuura Fibre

Pakistani Textile & Garment Exports Grow Slower At 3.2% In March

Indo Count Acquires Iconic US Brand WAMSUTTA

James Heal Celebrates 25th Year With Two New Product Launches

Operating Margin Of Cotton Yarn Spinners To Hike 150-200bps: CRISIL

Redress To Help Textile Businesses Comply With EPR Regulations

Sourcery Expands Provisional Partnership Programme To Transform Cotton Trade

FAB Show 2024 Boosts India’s Textile & Apparel Industry

Techtextil Innovation Award Picks Winners In Various Categories

USDA Forecasts Aussie Cotton Crop At 5mn Bales In 2023-24

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