News - Textile Insights

Apparel, Fashion, Retail

Indian Fashion Retailers’ Margins To Slip 120bps In FY’24

Textile Insights September 23, 2023

Fashion retailers will report 120 bps slip in margins mainly due to offering higher discounts and hike in advertisement spends, despite expectations of 13 percent revenue growth in fiscal 2024. An ICRA analysis also informed that the industry is poised to face this margin squeeze primarily due

Cotton

China’s Economic Situation Worries US Cotton Stakeholders

Textile Insights September 23, 2023

China’s economic situation is a problem, with growth rates less than 5 percent, as against double digit growth rates in the pre-pandemic era, predominantly due to its manufacturing and exporting prowess. “The Chinese economic situation is not being helped by the housing crisis and high unemployment rates,” was one of the conclusions at a meeting […]

Technical Textile & Nonwoven

SRTEPC Presents Awards To Technical Textiles Exporters

Textile Insights September 23, 2023

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) gave away awards to felicitate its members exporting technical textiles. SRTEPC gave away around 24 awards to companies who have excelled in exports under different segments of technical textiles. Darshana Jardosh, Minister of State for Textiles, the chief guest presented the awards to the winners, while

Sustainability

Retailer Macy’s Gains Membership Of Cotton Trust Protocol

Textile Insights September 22, 2023

US garment retailer Macy’s which has more than 700 stores and includes brands like Macy’s, Bloomingdale’s and Bluemercury has gained membership of Cotton Trust Protocol. “Our membership will bolster Macy’s efforts in sourcing cotton sustainably, driving positive social and environmental change and enhance transparency throughout its supply chain,” Trust Protocol said in a

Cotton

Storm May Affect 15-20% Of Greek Cotton Crop

Textile Insights September 22, 2023

A storm which hit Greece in the first week of September may have affected 70 percent of the cotton crop in Thessaly. Thessaly is the main Greek cotton growing hub and in turn, this impact may reduce the country’s total production by 15-20 percent. This was informed by a senior researcher Dr Mohammed Darawsheh working […]

Fibre

Lenzing Indonesian Unit’s Fibre Bags Ecolabel Certificate

Textile Insights September 22, 2023

The Lenzing Group has received certification from the internationally recognised EU Ecolabel for its cellulose fibres produced at the Indonesian site. “This means that Lenzing fibres produced in the PT. South Pacific Viscose plant meets high environmental standards,” the Austrian company said in a press release. This will enable the plant to produce Lenzing Ecovero […]

Machinery

Karl Mayer Upgrades HKS 3-M ON Tricot Machine With New Features

Textile Insights September 22, 2023

Karl Mayer has upgraded its HKS 3-M ON model of Tricot machine, which has been named HKS 3-M ON PLUS. This upgrade allows net-like fabrics to be produced in a variety of densities and structures. “These fabrics include square marquisettes and shoe fabrics, with both also realisable in coarse gauges,” the German company said in […]

Apparel, Fashion, Retail

Poeticgem, A PDS Subsidiary, Acquires ‘Little Mistress’ Brand IP.

September 21, 2023

PDS Limited, a global fashion solutions company, is focused on expanding its portfolio with customized offerings, including sourcing as a service and brand management. In line with its strategy of adding value-accruing solutions to its offerings, it is pleased to announce that its UK-based vertical, Poeticgem, has acquired the brand intellectual property (IP) of Little

Special Report

India Emerges As World’s Leading Importer Of Knitting Machinery In 2022

September 21, 2023

In 2022, the global knitting machinery import market saw significant growth, with imports rising by 7.43% to reach US$ 2716.36 million. Among the various knitting machinery categories, tulle, lace, embroidery, trimmings and related machines dominated the scene, accounting for a substantial US$ 1051.81 million of imports, signifying a remarkable 18.82% growth in 2022. This

Machinery

Meet the Long-Awaited Machine: Cavimelt Pro

September 21, 2023

The Cavitec high-performance portfolio of coating, laminating, and impregnating solutions is now extended with the launch of a two-in-one machine featuring rapid switching between rotogravure and full-surface coating. The technological superiority of the new Cavimelt Pro, based on hotmelt adhesive application, delivers bonding performance that meets the highest

Indian Fashion Retailers’ Margins To Slip 120bps In FY’24

China’s Economic Situation Worries US Cotton Stakeholders

SRTEPC Presents Awards To Technical Textiles Exporters

Retailer Macy’s Gains Membership Of Cotton Trust Protocol

Storm May Affect 15-20% Of Greek Cotton Crop

Lenzing Indonesian Unit’s Fibre Bags Ecolabel Certificate

Karl Mayer Upgrades HKS 3-M ON Tricot Machine With New Features

Poeticgem, A PDS Subsidiary, Acquires ‘Little Mistress’ Brand IP.

India Emerges As World’s Leading Importer Of Knitting Machinery In 2022

Meet the Long-Awaited Machine: Cavimelt Pro

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