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Industry

‘Stop Illegal Imports’ – Indonesian Textile Body To Govt

Textile Insights September 18, 2023

The Association of Indonesian Fiber and Filament Yarn Producers (APSYFI) has claimed that the large scale illegal import of textiles and garments was ruining the domestic industry. The association has requested the government to put an end on these illegal imports and save the industry, which

Policies

US Senator Kirsten Gillibrand Reintroduces ‘FABRIC’ Act

Textile Insights September 18, 2023

US Senator Kirsten Gillibrand has reintroduced the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act to support domestic garment manufacturing and combat subminimum wages. Senator Gillibrand’s FABRIC Act seeks to offer protection to nearly 100,000 US apparel workers while at the same time rejuvenate the domestic apparel production industry. The

Export

Innovation Key To Achieve $100bn Bangla Garment Export Target

Textile Insights September 18, 2023

At a seminar, Bangladesh garment industry and exporters and experts were of the opinion that innovation was the key to Bangladesh apparel exports touching the $100 billion mark by 2030. The Textile Today Innovation Hub and CEMS-Global jointly organised the seminar which was held concurrently with the 22nd Textech Bangladesh 2023 International Expo which was […]

Event

German Textile Leaders Host Symposium on Warp-Knitted Elastic Fabrics in India

September 17, 2023

Leading German textile companies Brückner, Groz-Beckert, Karl Mayer Group and Thies are organizing a symposium in Surat, India, on October 11 and 12, 2023. The event, which will be held at the Marriott Hotel, Surat, will focus on the increasing demand for warp-knitted elastic fabrics in the Indian textile industry. Over the past few years, […]

Machinery

Singer Introduces New Machine Focused On Embroidery

September 17, 2023

Singer’s SE9180 Sewing and Embroidery Machine Redefines Embroidery with Unparalleled Innovation and Versatility SVP Worldwide, the parent company of Singer sewing machines, is launching its latest innovation, the SE9180 sewing machine. This model marks a significant advancement in embroidery and technology for the brand, as it is the first to feature mySewnet

Apparel, Fashion, Retail

Mumbai’s Jio World Plaza Attracts Leading Luxury Retailers

September 17, 2023

Luxury brands like Gucci, Cartier and Louis Vuitton are signing leases for stores in Mukesh Ambani’s new Mumbai mall, Jio World Plaza, located within Reliance’s $1 billion business and cultural hub in Mumbai’s business district. Although Reliance has not disclosed tenant details, documents from CRE Matrix reveal brands owned by LVMH, Kering, Richemont,

Industry

Macy’s Inc. Joins U.S. Cotton Trust Protocol For Sustainable Cotton Sourcing

September 17, 2023

Macy’s Inc. has become a member of the U.S. Cotton Trust Protocol, demonstrating its commitment to sustainable cotton sourcing. The company, with over 700 store locations nationwide, is dedicated to driving positive social and environmental change within the cotton industry. As part of its sustainability efforts through the Mission Every One platform, Macy’s

Corporates

Indorama Ventures Invests US$ 150M In Three Indian PET Recycling Plants

September 17, 2023

Bangkok-based Indorama Ventures Public Co Ltd is investing US$ 150 million in three PET recycling plants in India, with plans to commence commercial production by 2026, reported PTI. The plants will be located near existing PET production facilities in Haldia, Nagpur and Panipat. This move will augment Indorama Ventures’ current 800,000 tonne/year PET production for

Corporates

Pioneer Embroidery Ltd Commences Embroidery And Lace Production In Maharashtra

September 17, 2023

Pioneer Embroidery Limited (PEL) has initiated commercial production of embroidery and laces at its facility located in Shree Ganesh Integrated Textile Park (SGITPL), Degaon-Dhule, Maharashtra. The Degaon unit is now operational with eight advanced computerized machines imported from Lasser AG, Switzerland, signifying the implementation of PEL’s second-phase business

Corporates

Siyaram Silk Mills Raises Buyback Price, Shares Surge 8%

September 17, 2023

Shares of Siyaram Silk Mills saw an 8% jump on September 15, driven by the company’s decision to raise the share buyback price to Rs 720 per equity share, up from the initial Rs 650. However, the company revised its buyback quantity to a maximum of 14,99,992 fully paid-up equity shares, which accounts for 3.20% […]

‘Stop Illegal Imports’ – Indonesian Textile Body To Govt

US Senator Kirsten Gillibrand Reintroduces ‘FABRIC’ Act

Innovation Key To Achieve $100bn Bangla Garment Export Target

German Textile Leaders Host Symposium on Warp-Knitted Elastic Fabrics in India

Singer Introduces New Machine Focused On Embroidery

Mumbai’s Jio World Plaza Attracts Leading Luxury Retailers

Macy’s Inc. Joins U.S. Cotton Trust Protocol For Sustainable Cotton Sourcing

Indorama Ventures Invests US$ 150M In Three Indian PET Recycling Plants

Pioneer Embroidery Ltd Commences Embroidery And Lace Production In Maharashtra

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