News - Textile Insights - Page 546

Industry

Bangladesh Yarn Usage Down 31.55% Between Jan-June 2023

Textile Insights August 22, 2023

Despite exports of garments moving upwards, albeit slowly, yarn usage in Bangladesh has reduced by 31.55 percent in the January to June 2023 period. Data released by Bangladesh Textile Mills Association (BTMA) informed that knitting and clothing factories bought 809,351 tons of yarn in the

Industry

Iranian Textile Industry Production Surges 17.1% in 2022

Textile Insights August 21, 2023

Production in Iran’s textile industry surged 17.1 percent in 2022 when compared to the previous year. This was revealed by Mohsen Gorji, who is the Director General of the Ministry of Industry, Mine and Trade for Clothing and Textile Affairs. He was addressing the media while announcing the first edition of the Specialized International Exhibition […]

Dyes & Chemicals

SDC Conference On Sustainability & Circularity In Coloration

Textile Insights August 21, 2023

The Society of Dyers and Colourists (SDC) is organising an international conference on Sustainability & Circularity in Coloration, which will be held from June 18-19, 2024 in Manchester. “This International Conference has been some time coming, partly due to the Covid pandemic, but is very much a response to the survey of SDC Members who […]

Export

Pakistani Textile Exports Drop 11.44% In July 2023

Textile Insights August 21, 2023

Pakistani textile exports dropped 11.44 percent to $1.31 billion in July 2023 as compared to $1.48 billion in the same month of last year. However, cotton yarn exports bucked the declining trend and surged 35.96 percent to $97.03 million in the month under review as against $71.36 million in July 2022. “On the other hand […]

Apparel, Fashion, Retail

Garment Brands Exit From Myanmar Opportunity For India

Textile Insights August 21, 2023

The decision to gradually or fully stop production of garments in Myanmar by various brands and retailers like M&S, Inditex and H&M can be turned into an opportunity for Indian garment exporters. H&M followed in the footsteps of Inditex, which owns Zara and announced that it will slowly stop sourcing garments from the South East […]

Export

New UK Policy To Assist Bangladesh Ship Duty Free Apparels

Textile Insights August 21, 2023

UK has unveiled a new scheme called ‘Developing Countries Trading Scheme’ (DCTS) which will help Bangladesh export duty free apparels to UK, post its graduation from Least Developed Country (LDC) status. DCTS provides countries one of the most generous sets of trading preferences of any country in the world and which is similar to the […]

Event

Bal Singh Of Shahi Exports Honored With Next100 India’s Future CIOs Award 2023

August 20, 2023

Bal Singh, Vice President of Information Technology (IT) at Shahi Exports, has been bestowed with Next100 India’s Future CIOs Award 2023 at the 24th CIO & Leader Conference. This recognition is a testament to his exceptional leadership and unwavering dedication, which continue to propel Shahi’s path of technological innovation forward. The company has extended

Apparel, Fashion, Retail

Tommy John Teams Up with Rising Ohio State Quarterback Recruit Lincoln Kienholz

August 20, 2023

Leading comfort-focused lifestyle brand, Tommy John, has announced its partnership with Lincoln Kienholz, a four-star quarterback recruit for Ohio State. Both Tommy John’s co-founder, Tom Patterson, and Kienholz hail from South Dakota, adding a unique connection to their collaboration. Launching in August, the partnership will showcase Lincoln Kienholz as a prominent

Economy

Gap Inc. Appoints Ian Daniels to Lead Sourcing Operations

August 20, 2023

Gap Inc. is undergoing a strategic overhaul with the appointment of Ian Daniels as the new head of sourcing, set to take charge in October. With an extensive career spanning three decades, Daniels brings a wealth of expertise in supply chain management and global sourcing to the California-based apparel giant. Formerly the vice president of […]

Corporates

Rieter And Nazar Textile Celebrate New Investment With Gratitude And Optimism

August 20, 2023

The employees of Rieter, led by CEO Thomas Oetterli, along with officials from Erbel Mümessillik company, Haluk Erbel and Erkan Atesler, paid a visit to Nazar Textile. The purpose of their visit was to extend warm congratulations on Nazar Textile’s new investment venture, set to employ 150 individuals. The event was also graced by the […]

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