Corporates

Donear Group Appoints Aakash Mishra As AVP – Group Brand Marketing

Textile Insights March 3, 2024

Textile and apparel conglomerate Donear Group has appointed Aakash Mishra as AVP – Group Brand Marketing. Mishra will spearhead marketing efforts for Donear, Grasim BTL and OCM. With an extensive portfolio including brands like NeoStretch, Donear Suitings and Grado, the group aims to

Financial Results

Q3FY’24 Net Loss At Sutlej Textile & Industries Plunges Further

Textile Insights February 12, 2024

Net loss at Sutlej Textile & Industries plunged 93.82 percent to Rs 30.08 crores in the third fiscal quarter ending December 31, 2023 from a net loss of Rs 15.56 crores in the comparable quarter of earlier fiscal. However, drop in net loss in the three months to December 31, 2023 was slower at 49.44 […]

Event

500 Exhibitors From 11 Countries Exhibiting At Yarn Expo 2024

Textile Insights February 10, 2024

Taking place from March 6-8, 2024 at the National Exhibition and Convention Center in Shanghai, Yarn Expo 2024 fair will see over 500 exhibitors from 11 countries, including 124 in cotton category alone. At the spring show, cotton yarn exhibitors from China, India, and beyond are gearing up to meet strong international and domestic demand, […]

Economy

Yarn Expo Shenzhen Will Be Organised From June 5-7

Textile Insights January 5, 2024

Messe Frankfurt, the organisers of Yarn Expo Shenzhen will organise this year’s show from June 5–7 2024 at Shenzhen Convention & Exhibition Center. The new venue in Futian District, where the next edition will be held concurrently with three other textile trade fairs, is expected to attract higher than over 22,000 visits received at previous […]

Sustainability

Italian Yarn Producer Marchi & Fildi Reduces Water Use By 57%

Textile Insights November 27, 2023

Italian yarn manufacturer Marchi & Fildi, among various sustainable measures has been able to reduce water consumption by 57 percent in 2022 as against 2021 and waste water by 19 percent. In the sustainability report for 2022, the yarn manufacturer reported a drop of electric power consumption by 13 percent in 2022 over 2021 and […]

Export

Chinese Cotton Yarn Imports Leap 162.6% In October

Textile Insights November 20, 2023

China imported approximately 170,000 tons of cotton yarn in October 2023, a decrease of 10,000 tons month-on-month, but a massive year-on-year hike of 162.6 percent. In the first ten months of the current year, China imported around 1.38 million tons of cotton yarn, thereby recording a significant increase of 21.2 percent. It is estimated that […]

Machinery

Saurer Technology Will Shape Future Of Textiles At ITMA Asia

Textile Insights November 9, 2023

The wide range of Saurer’s new machines and trendsetting ideas will once again shape the future of textiles at ITMA Asia in hall 8, stall 47 in Shanghai. Live exhibits on the booth include Autocard SC 7M, Zinser 51 ring spinning machine, BD 8 and Autocoro 11 rotor spinning machines, Autoairo air spinning machine, and […]

Industry

Andhra Pradesh Mills Seek Govt Support To Tide Over Crisis

Textile Insights November 2, 2023

The Andhra Pradesh Textile Mills Association (APTMA) has sought the support of the state due to the critical situation facing the textile industry in the state. APTMA cited several challenges, including escalating cotton prices, dwindling yarn prices, surging power charges, and the post-COVID market imbalance all of which have severely impacted the industry’s financial

Financial Results

Century Textiles Reports Q2 Net Loss Of Rs 30 Crore

Textile Insights October 29, 2023

Century Textiles and Industries Limited recently reported its financial results for the quarter ending in September. Unfortunately, the company faced a challenging quarter, reporting a net loss of Rs 30 crore ($4.2 million) in contrast to a net profit of Rs 72 crore during the same period in the previous year. The total income for […]

Machinery

Uster To Host Webinar On Raw Material Management

Textile Insights October 23, 2023

Raw material management is a high priority area for Uster and its clear from FiberQ, part of the new Uster 360Q suite of pioneering solutions. It’s also underlined by a second webinar scheduled for early November. The Uster ‘Think Quality’ approach makes FiberQ unique and it’s the central theme of the Uster raw material management […]