Home Textiles

Bangladesh Home Textile Exports Report Growth After 18 Months

Textile Insights March 5, 2024

Bangladesh reported an increase in home textile exports in February 2024 after a period of 18 months or since September 2022, according to data from the Export Promotion Bureau (EPB). The South Asian country exported home textiles products amounting to US $84.61 million, up 9.9 percent as

Corporates

Indo Count Industries Inks Strategic Partnership With Accenture

Textile Insights February 29, 2024

Home textile manufacturer and exporter Indo Count Industries has inked a strategic and long-term partnership with Accenture, a global leader in digital transformation and technology services. “This collaboration marks a pivotal moment in Indo Count’s commitment to redefining and enhancing its business operations through cutting-edge digital technologies,” the company said

Corporates

HeiQ Names Julien Born CEO For Climate-Positive Fibre Venture

Textile Insights February 18, 2024

HeiQ has announced the appointment of Julien Born as the CEO of HeiQ AeoniQ Holding, an independent subsidiary established to attract investors and value-chain partners. With an ambitious multi-year plan to scale up the world’s first climate-positive cellulosic filament fibre, this move signals a significant step forward. Bringing with him unique executive leadership

Economy

250 Exhibitors Participating At Intertextile Home Textiles

Textile Insights February 16, 2024

Over 250 exhibitors from seven countries and regions have booked their booths for the Spring Edition of Intertextile Shanghai Home Textiles taking place from March 6-8 in Shanghai. “Synchronising with China’s peak sourcing season, the upcoming show will cater to the diverse needs of buyers seeking the newest solutions to spring the home textiles industry […]

Home Textiles

Bangladeshi Home Textile Exports Starting To Lose Lustre

Textile Insights February 10, 2024

Bangladeshi home textile exports have started losing luster since fiscal 2022-23 when they declined 32.47 percent over fiscal 2021-22, which had grown even in the Covid-19 pandemic years The country’s home textile overseas shipments crossed the psychological US $1-billion mark in fiscal 2020-21, thereby recording a staggering growth of 49.17 percent over the earlier

Financial Results

Welspun Living Revenue Up 19% Between April & December

Textile Insights February 8, 2024

In the first nine months of fiscal ending March 31, 2024, total revenue at home textiles producer and exporter Welpsun Living reached Rs 72,084 million, up an impressive 19.7 percent year on year. “The flagship brand, ‘Welspun,’ maintains its position as the most widely distributed home textile brand in India with a presence across 600 […]

Home Textiles

Welspun Living Expanding Home Textile Capacity In India & USA

Textile Insights February 7, 2024

Recognising the burgeoning demand for premium and stylish bath experiences, Welspun Living is investing Rs 326 crore in a state-of-the-art jacquard towel manufacturing facility at its Anjar plant. This brownfield expansion, slated for completion by November 1, 2024, will add a staggering 6,400 metric tons per annum (MTPA) to its existing towel capacity, reaching a […]

Home Textiles

EPCH Supports 20 Indian Home Textile Exporters At Heimtextil

Textile Insights January 15, 2024

At the recently concluded Heimtextil 2024, the Export Promotion Council for Handicrafts (EPCH) supported 20 Indian home textile exporters spread across three halls at the exhibition. The India pavilion was inaugurated by BS Mubarak, Consul General of India, Frankfurt and Dr Beena, Development Commissioner (Handlooms). “It was a great opportunity for India to show its […]

Home Textiles

Visitor satisfaction grows to 93% at Heimtextil 2024

Textile Insights January 13, 2024

At Heimtextil 2024, visitor satisfaction rose to an average of 93 percent, particularly with the breadth and depth of the offering, while around 80 percent of exhibitors achieved their trade fair goals. “Among German trade visitors, overall satisfaction rose by seven percentage points to 88 percent, while over 90 percent of all visitors achieved their […]

Home Textiles

Carpets & Rugs Hall Fully Booked At Heimtextil 2024

Textile Insights December 9, 2023

The new Carpets & Rugs hall at Heimtextil, which will be held from January 9-12, 2024, has now around 100 manufacturers and brands and is fully booked, due to a strong increase in suppliers of machine woven carpets. These exhibitors include Merinos Hali, Oriental Weavers Group, Ragolle Rugs, Universal XXI, Verbatex and the Belgian association […]