by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | Business & Policy
Manufacturer of technical textiles Garware Technical Fibres announced on Tuesday that its consolidated profit after tax (PAT) increased by 11% to Rs 59.6 crore for the three months ended March 31. According to a regulatory filing by Garware Technical Fibres, the...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Corporate Update
The fifth-generation, family-owned Lion Brand Yarn Company, a global marketer and distributor of knitting and hobby yarn, is joyfully commemorating its landmark 145th birthday. Since its founding in 1878, Lion Brand has led the way in the American craft industry. Over...
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | Fibres and Yarns
A memorandum of understanding (MoU) was signed by the Taiwan Textile Research Institute (TTRI) and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to work together to improve the capacity of Bangladesh’s readymade garment industry in the...
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | News & Insights
73 railway stations in Uttar Pradesh now have “One Station One Product” (OSOP) stores, which are designed to support the “Vocal for Local” agenda and give a market for regional and indigenous goods. Lucknow, May 17 (IANS). The Railways...
by DIGITAL MEDIA EXECUTIVE | May 18, 2023 | Business & Policy
An cooperation between Renewcell and TextileGenesis was announced as a joint effort to extend the traceability of Renewcell’s Circulose recycled raw material throughout the whole textile supply chain. The collaboration, presented at a trade show called Challenge...
by DIGITAL MEDIA EXECUTIVE | May 18, 2023 | cotton industry, COTTON PRICE
Our Office The Cotton Association of India (CAI) has reduced its estimate for the crop of fibre by another 7 lakh bales, bringing it down to 321 lakh bales (170 kg apiece). According to forecasts from the Cotton Advisory Board, the crop would likely be the lowest...
by DIGITAL MEDIA EXECUTIVE | May 18, 2023 | Fibres and Yarns
INSIGHTS In spite of geopolitical unrest, China’s imports of textiles, primarily cotton, from Australia fell by 41% during the previous four years. Conversely, Australian garment imports from China have steadily increased, with a 44% increase from 2018 to 2022....
by DIGITAL MEDIA EXECUTIVE | May 16, 2023 | Corporate Update, Textile Technology
Retech godet rolls’ innovative designs enable more control over temperature, fibre treatment, and sustainability, revolutionising the production of synthetic fibres. The blue thread continues to go! At the next ITMA, Retech will exhibit a number of intriguing...
by DIGITAL MEDIA EXECUTIVE | May 11, 2023 | Textile Technology
Based on cutting-edge machine technology and superior performance viscose fibres, Kelheim Fibres GmbH and Santoni Spa have created an innovative and environmentally friendly menstrual knickers garment. The item is made out of a soft exterior layer and an inlay...
by DIGITAL MEDIA EXECUTIVE | May 11, 2023 | Fibres and Yarns
Based on cutting-edge machine technology and superior performance viscose fibres, Kelheim Fibres GmbH and Santoni Spa have created an innovative and environmentally friendly menstrual knickers garment. The item is made out of a soft exterior layer and an inlay...
by DIGITAL MEDIA EXECUTIVE | May 11, 2023 | Business & Policy, PRICE REPORT
The nation’s purchasing and supply executives predict that the U.S. economy will continue to grow slowly for the remainder of 2023 in their Spring 2023 Semiannual Economic Forecast. Despite ongoing inflation and geopolitical uncertainties, expectations for the...
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | Garment
The value of US imports of textiles and clothing has continued to shrink, decreasing by 19.98% to $25.874 billion in the first three months of 2023 from $32.331 billion in the corresponding period of 2022. With a 23.78% market share, China continues to be the...
