Home Textiles

Intertextile Shanghai Home Textiles Marks 30th Anniversary

Textile Insights May 20, 2024

Intertextile Shanghai Home Textiles marks its 30th anniversary with returning pavilions and new product zones and will be held in Shanghai from August 14-16, 2024 With the brand present in China since 1995, increasing market demand, has contributed to the consistent upward trajectory of

Home Textiles

Home Furnishings Brand Mytrident Launches New TV Campaign

Textile Insights May 17, 2024

Premium home furnishings brand MyTrident has brought together Bollywood actor Kareena Kapoor Khan and her mother in law Sharmila Tagore in a new television campaign. This collaboration highlights the harmonious relationship between a mother-in-law and daughter-in-law, marking a notable shift from the traditional narratives typically portrayed in brand campaigns. The duo

Financial Results

Welspun Living Ltd Achieves Record Revenues And Sustainable Growth In Q4 FY24

April 26, 2024

Welspun Living Ltd, a leading global player in home textiles and part of the Welspun Group, has announced its Q4FY24 results, marking a significant milestone in sustainable profitability and revenue growth. Balkrishan Goenka, Chairman of Welspun Group, expressed his satisfaction with the company’s performance, stating, “It is heartening to see the company achieving a

Corporates

NILIT And Shenma Industry Form Strategic JV In China

April 21, 2024

NILIT, the foremost provider of high-performance Nylon 6.6 fibres for the apparel industry, and Shenma Industry Co., Ltd., a subsidiary of China Pingmei Shenma Group and a leader in the industrial Nylon 6.6 market, have announced the establishment of a strategic joint venture. This partnership marks a significant milestone in expanding production capacity and fostering

Corporates

Trident Group Celebrating Mission Day in Honour of Workforce

Textile Insights April 16, 2024

The Trident Group with a mission to fostering an inclusive and empowering workplace for its employees commemorated its foundational milestone, Mission Day on April 15 in Sanghera and on April 18 in Budhni. “Mission Day holds a special place in Trident’s calendar as it serves as a moment to recognise and appreciate the relentless dedication […]

Sustainability

Trident Commissions World’s Fifth Largest Solar Project

Textile Insights March 23, 2024

Gensol Engineering has commissioned a 10.6 MW rooftop solar project for Trident Ltd. in Madhya Pradesh, which ranks among the top five biggest rooftop solar ventures globally. Gensol Engineering Ltd is a leading player in solar power EPC services and electric mobility and the solar rooftop project exceeds 70,000 square metres. “This project marks a […]

Economy

Domestic T&A Industry Likely To Turn Around On Global Demand Revival

March 10, 2024

The last ITMF Global Textile Industry Survey (GTIS) was conducted in January 2024. It revealed a significant improvement in the business climate, signaling a potential turning point driven by lower inflation rates, increased real wages and consumer sentiment in the USA, alongside expectations of interest rate cuts. Business expectations for July 2024 reached a peak […]

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 against $77 million in February 2023 “Home textile […]

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

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