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Bangladesh Garment Exports To US Plunge 24.75% In Jan To Oct

Textile Insights December 15, 2023

In the first ten months of 2023, Bangladesh’s garment exports to the US totaled US $6.35 billion plunging by 24.75 percent year on year. In volume terms, apparel overseas shipments to the US between January and October dropped higher at 29.51 percent to 1.95 billion square metres from

Financial Results

In First Nine Months Of 2023 Sales Climb 11.1% At Inditex

Textile Insights December 15, 2023

In the first nine months of 2023, sales at Inditex and owner of fashion brands like Zara and Pull&Bear climbed 11.1 percent to reach €25.6 billion, from satisfactory development in both stores and online. The Spanish fashion group added that sales were positive in all geographical areas and in all concepts and sales in constant […]

Machinery

Trützschler Card Clothing Celebrates 20th Anniversary

Textile Insights December 15, 2023

20 years back, Trützschler acquired the card clothing business of American textile machinery producer Hollingsworth located in Black Forest in Germany, and created Trützschler Card Clothing (TCC). Huge changes have happened since Trützschler entered the card clothing industry 20 years ago. Magnet systems for the flat top of the card are one very special milestone […]

Machinery

Smartex Unveils Report To Modernising Textile Factory

Textile Insights December 14, 2023

Smartex has released its first comprehensive report on ‘The Modern Textile Factory’ authored by Max Easton, Global Innovation Director at Smartex, which showcases a wealth of insights from a global team of experts. Smartex is at the forefront of transforming the textile industry through the integration of Artificial Intelligence, focusing specifically on achieving zero

Fibre

Lenzing Glances Into Future Of Fashion At Bengaluru Conclave

Textile Insights December 14, 2023

Lenzing, a producer of cellulose fibres hosted ‘The Lenzing Conclave’ in Bengaluru, which brought together brands, retailers, and garment manufacturers. The objective was to exchange insights on current consumption trends and the future trajectory of textile fibres and fabrics for 2030. “The discussions also explored the pivotal factors propelling the dynamic

Dyes & Chemicals

Denim Maker Artistic Milliners Partners Archroma On Sulfur Dyes

Textile Insights December 14, 2023

Denim manufacturer Artistic Milliners and sustainable specialty chemicals producer Archroma are partnering to rewrite the future of denim, by leveraging Archroma’s Diresul Evolution Black dyestuff. In the process, the partners are promoting more eco-advanced sulfur black dyeing for denim with a variety of washdown effects and reduced environmental impact. According to

Corporates

Trident Investing Rs 1,450 Crores In Enhancing Capacity

Textile Insights December 14, 2023

Trident Ltd will invest an ambitious Rs. 1,450 crores for capacity expansion across its spinning, bath linen and chemical businesses. The Rajinder Gupta led company plans to add around 100,000 spindles and 42 looms at a cost of Rs. 1,350 crores, while Rs. 100 crores will be spent on expanding the chemicals business. Currently, the […]

Sustainability

Spinnova Stresses On Incentives In Circular Fashion At COP28

Textile Insights December 14, 2023

Sustainable textile material company Spinnova has emphasised on incentives and investments into circular fashion at COP28. In the run up to COP28, Spinnova added that it is not the time to back down on climate action in the global fashion and textile industries. According to Spinnova, decarbonising the industry and reaching net zero by 2050 […]

Cotton

Wazir Advisors Joins ITMF for Global Textile Growth

December 13, 2023

In a significant move towards fostering international collaboration and industry growth, Wazir Advisors, a premier Indian management consulting firm, has announced its membership in the International Textile Manufacturers Federation (ITMF) as a corporate member. As a seasoned and highly networked player in the global textile and apparel industry, Wazir Advisors brings

Corporates

Schutzen Chemicals Wins ISC3 Innovation Award 2023

December 13, 2023

In the ISC3 Innovation Challenge 2023, Schutzen Chemical Group, led by founder Raj Tanna, clinched the ISC3 Innovation Award 2023 for their commitment to Sustainable Chemistry. Tanna highlights the dire consequences of increased plastic production, including global warming, harmful substance release, and poor end-of-life options. The startup focuses on developing biobased

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