News - Textile Insights - Page 447

February 21, 2026

Corporates

Maris Spinners Appoints T. Raghuraman As Managing Director

August 27, 2023

In a recent development, Maris Spinners Limited, a leading player in the textile industry, has announced significant changes in its leadership. The company has reported the resignation of Anandkumar Rengaswamy from his position as Managing Director, effective from September 23, 2023.

Economy

Q2 Global Merchandise Trade Posts Turnaround – WTO

Textile Insights August 26, 2023

Global merchandise trade showed signs of a turnaround in the second quarter of 2023, but further upward momentum in the third quarter and beyond may be limited as long as export orders remain weak. According to the World Trade Organisation (WTO) Goods Trade Barometer, the current reading of 99.1 is up from the previous reading […]

Industry

Vietnam & South Korea Cooperate On Textile & Garment Sector

Textile Insights August 26, 2023

Vietnam and South Korea have signed a Memorandum of Understanding (MoU) to increase cooperation in the textile and garment sector. A MoU was signed between the Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) this week. The signing ceremony took place on the sideline of ‘Preview in Seoul 2023’ […]

Cotton

Indo Count & Partech Partner To Develop Non-GMO Cotton Seeds

Textile Insights August 26, 2023

Indo Count Industries and Partech Seeds are partnering to pave the way for a groundbreaking collaboration in the research and development of innovative cotton seed varieties. This partnership aims to propel the cotton farming industry forward by creating non-genetically modified organism (non-GMO) seeds with enhanced yield, higher staple length, and improved crop

Dyes & Chemicals

Rossari Biotech Announces New Major Leadership Changes

Textile Insights August 26, 2023

Mumbai based Rossari Biotech Ltd., a manufacturer of textile and specialty chemicals has announced two major leadership appointments. Puneet Arora, former CEO of the Textile Chemicals division has been promoted to the post of Chief Strategy Officer within the CMD Cell, with responsibilities across all group companies and subsidiaries. Additionally, Vikram Rewari has been

Event

German University Conference on Digitalisation In Textile Sector

Textile Insights August 26, 2023

The first ever International Textile Supply Chain Digitalisation Conference (ITSCDC) will be organised from September 6-8, 2023 at Mönchengladbach campus of the Hochschule Niederrhein University in Germany. According to the university, the digitisation of industrial processes is becoming more and more standard and so the conference will shed light on digitalisation in the

Sustainability

Lands’ End & Recover Partner On Recycled Fibre Denim Line

Textile Insights August 25, 2023

US lifestyle brand Lands’ End has partnered with recycled cotton fibre producer, Recover to launch a low-impact denim collection using recycled fibre. The two companies have partnered to develop sustainable denim pieces, in timeless styles for both men and women, and all of which contain 20 percent of Recover’s recycled cotton fibre produced from textile […]

Dyes & Chemicals

DyStar Reduces GHG Emissions By 9% In Fiscal 2022

Textile Insights August 25, 2023

Speciality chemicals manufacturer DyStar said its Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions totaled 56.91 thousand tCO2e in fiscal 2022, down 9 percent when compared to fiscal 2021. In its 13th and latest sustainability report, the company reported that it’s Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions intensity was also 45 […]

Export

January To July Chinese Textile & Apparel Exports Slip 10%

Textile Insights August 25, 2023

In the period between January and July 2023, overseas shipments of Chinese textile and apparel exports totaled $170 billion, which is down 10 percent year on year. In the reporting period, garment exports touched $90.94 billion, a fall of 8.3 percent from the first seven months of 2022, while textiles shipments reached $78.85 billion or […]

Export

Bangladesh’s Value Addition From Apparel Exports Up 11.5% Points

Textile Insights August 25, 2023

The Central Bank of Bangladesh informed that value addition from garment exports increased 11.5 percentage points in fiscal 2023 over fiscal 2022. A report titled ‘Quarterly Report on RMG’ released by Bangladesh Bank said the value addition in the apparel export industry rose from 54.38 percent in fiscal 2022 to 65.97 percent in fiscal 2023. […]

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