Explore ideas, evidence and developments across the textile value chain.
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Gildan Activewear Q1 net earnings were $56m compared with net earnings of $79.2m in the corresponding quarter last year. Consolidated net sales in the first quarter of 2015 amounted to $636.2m, up 15.9% from $548.8m in the corresponding quarter of last year, reflecting an increase of approximately 14% in printwear sales and sales growth of approximately 20% in branded apparel, according to the company.
Aurora Specialty Textiles Group has opened the doors to its new 124,000 sq ft manufacturing facility in Yorkville, Illinois, US, with a tour of the plant for the company’s chemistry, coating and fabric suppliers. The purpose of the tour was to familiarise Aurora’s key suppliers with the company’s new expanded capabilities.
Insight13 May 2015Bangladesh’s knitting industry faces key changes in the next 20 years, as the Western-educated children of first-generation businessmen take over family-owned firms. Industry experts have noted that some second-generation entrepreneurs have already taken the reins of major knitwear companies and are introducing modern management practices and discovering new financing channels.
Intelligence13 May 2015The Chinese digital textile market remains highly important with the market data available through our WTiN Market Tracking Tool showing it remains the largest individual market in 2014 with strong growth. Our market data indicates a little under 5,000 individual printing machines in operation in China for textiles applications.
Insight12 May 2015Indorama Ventures Public Company Limited (IVL) has successfully concluded the latest in its spree of acquisitions of companies worldwide. IVL has been absorbing a number of firms dealing in purified terephthalic acid (PTA) and polyethylene terephthalate (PET), as well as resins and fibres across the globe recently, establishing itself as a global force in this market.
Insight11 May 2015Cotton quality is something which sets apart the different production areas and their yields, which is very important for a thriving market. Being sure in that quality is increasingly important, as the industry embraces the reality of a surplus of cotton outside of China higher than has been seen for 35 years, and a significant cotton reserve within China, waiting to be released on the market.
Digital textile printing has long been expected to make inroads into the markets for traditional screenprinting – first the flatbed segment and then higher-speed rotary. But the possibility that it might also impact the business of other textile segments has scarcely been considered.
Germany-based Mayer & Cie has recently delivered its 70,000th circular knitting machine. It was an FV 2.0 double jersey machine and the customer was knitwear manufacturer Speidel GmbH. Speidel is using the machine at its knitting factory in Bodelshausen, Germany, where the main focus is on producing high-quality single jersey and fine rib lingerie, most of which is manufactured in body widths to make it comfortable to wear, according to Mayer & Cie.
Insight11 May 2015The International Cotton Advisory Committee (ICAC) has predicted that world area will decrease 7% to 31.2 million ha, and assuming a world average yield of 765 kilos per ha, production is forecast down 9% at 23.9 million tonnes in 2015/16 from 2014/15.
Insight11 May 2015The second Asia Pacific Nonwovens Symposium (APNS) concluded today in Shanghai with delegates and organisers alike proclaiming it a success. The one and a half-day event attracted 150 attendees from 25 countries to hear presentations revealing trends affecting markets for nonwoven fabrics going into hygiene applications in China.
Insight11 May 2015WTiN was delighted to attend last week’s Techtextil trade show in Frankfurt, Germany. A first visit for some of the team, it was great to meet the people behind the innovations we’ve reported on, and learn of the fascinating future trends and developments circling this fast-growing area of textiles.
