News - Textile Insights

Event

Intex Sri Lanka 2023 Sees Attendance Of 4,780 Visitors

Textile Insights September 12, 2023

International textiles sourcing exhibition, Intex Sri Lanka 2023, which was held last month saw attendance of 4,780 visitors, who ranged from manufacturers and designers to retailers. “These visitors came from 10 countries, which underscored the crucial role, Intex Sri Lanka plays in

Textile Park

UP Apparel Park Sees Interest From 70 More Investors

Textile Insights September 12, 2023

70 more industrial units have sought plots from the Uttar Pradesh government in the Apparel Park Cluster, being set up by the Yamuna Expressway Industrial Development Authority (YEIDA). “These 70 new investors are in addition to 81 of the 89 plots that YEIDA has already allotted to investors,” media reports stated. The Uttar Pradesh government […]

Industry

X-Rite Showing Latest Colour Solutions At AATCC Summit

Textile Insights September 12, 2023

At AATCC’s 2023 Textile Discovery Summit which begins from today and runs till September 14, X-Rite and Pantone will demonstrate the latest colour and appearance solutions. “These are designed to help companies create and share digital materials across teams and suppliers to streamline the design to manufacturing process,” X-Rite said in a press release. In […]

Corporates

KKR Picks Additional Rs 2069 Crore Stake In Reliance Retail

Textile Insights September 12, 2023

Mukesh Ambani led Reliance Retail Ventures has received an investment of Rs 2,069.50 crore through an affiliate of global investment firm KKR. This investment values Reliance Retail a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country. “KKR’s follow-on investment will translate […]

Export

Pak Textile Exports Continue Downward Trend In August

Textile Insights September 12, 2023

Exports of textiles continued to remain in a downward trend in August, where they declined to US $1.48 billion, down 6 percent, when compared to $1.58 billion reported in the same month of 2022. In the period between January and August 2023, Pakistan’s textile exports dropped 19 percent year on year to $10.58 billion, provisional […]

Corporates

Balkrishan Sharma Joins RSWM Limited as Yarn Business Head and CEO

September 11, 2023

In a significant industry move, renowned textile leader, Balkrishan Sharma has been appointed as the Business Head and Chief Executive of Yarn Business at RSWM Limited, effective today, September 11th, 2023. Mr. Sharma’s tenure with Ginni Filament Limited concluded on September 9th, marking the beginning of his new leadership role at RSWM Limited. RSWM Limited, […]

Apparel, Fashion, Retail

Linen Club Expanding Store Network To Smaller Cities

Textile Insights September 11, 2023

The textiles division of Grasim Industries is planning a significant expansion of its Linen Club brand stores, into smaller cities and towns by opening 100-120 retail stores over the next two years. The Aditya Birla Group company is aiming to tap into the potential growth of these smaller towns and cities, and thereby increase its […]

Machinery

Rieter’s ROBOdoff Offers Doffing Success Rate Of Up To 98%

Textile Insights September 11, 2023

Chinese textile mill, Gaoyi Delida Textile has upgraded its 30 semi-automated rotor spinning machines, R 35, R 36 and R 37 with ROBOdoff, Rieter’s automatic doffing solution. According to Rieter, ROBOdoff reduces the operator’s workload and labour costs, thanks to a doffing success rate of up to 98 percent, while also maintaining the length and […]

Apparel, Fashion, Retail

China Proposes Law To Ban Apparel Which May Hurts Feelings

Textile Insights September 11, 2023

China has proposed a law that would ban apparels which could hurt feelings of the Chinese people. The proposed law includes a range of behaviours including images on garments or a speech that is offensive for Chinese people. The standing committee of the country’s legislature has released a draft of the legislation, and will be […]

Corporates

PDS Ltd Launches Solar Power Plant And 2023 Sustainability Report

September 10, 2023

PDS Limited has announced two significant sustainability milestones in alignment with the company’s commitment to fostering a more eco-friendly fashion value chain. The company has launched a solar power plant at its manufacturing unit, Green Smart Shirts Ltd (GSSL) in Bangladesh and unveiled the third edition of its annual Sustainability Report. The solar power

Intex Sri Lanka 2023 Sees Attendance Of 4,780 Visitors

UP Apparel Park Sees Interest From 70 More Investors

X-Rite Showing Latest Colour Solutions At AATCC Summit

KKR Picks Additional Rs 2069 Crore Stake In Reliance Retail

Pak Textile Exports Continue Downward Trend In August

Balkrishan Sharma Joins RSWM Limited as Yarn Business Head and CEO

Linen Club Expanding Store Network To Smaller Cities

Rieter’s ROBOdoff Offers Doffing Success Rate Of Up To 98%

China Proposes Law To Ban Apparel Which May Hurts Feelings

PDS Ltd Launches Solar Power Plant And 2023 Sustainability Report

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