Explore ideas, evidence and developments across the textile value chain.
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Insight20 Apr 2015Following Kornit Digital's floatation on the Nasdaq exchange, WTiN spoke to CEO Gabi Seligsohn about the company's IPO and what it means for the future of the business.
Insight20 Apr 2015Wool production in Australia is changing. Governed by fashion and demand, as well as innovations in the way wool is produced, packaged and sold, the wool industry is adapting with each season. This season, coarse crossbred fibres have been quietly and steadily increasing compared to the previous season’s prices, in the face of some reports suggesting that these types are outdated.
The wool market was dearer at the sale on April 15 and the Cape Wools Merino Indicator gained 2.1% to close at R113.45 per kilo clean. This is 1.6% up compared to the opening sale of this season and 8.3% up compared to the corresponding sale of the previous season. On the Australian market, the indicator decreased with 3.1%. The Cape Wools All-Wool Indicator gained 1.7%.
The sixteenth British Wool Sale of the 2014/15 season was held by the British Wool Marketing Board on April 14 and offered 1,732,811 kilos. The market opened strongly with well-spread and sustained competition throughout. The clearance was 98%. The greasy indicator came up 8 pence from the last sale, to close at 156 pence per kilo, and the clean indicator increased by 11 pence to close at 227 pence per kilo.
Insight20 Apr 2015Despite a stronger New Zealand dollar at the sale on April 16 and a varied price range in some sectors, the market was generally strong overall. The weighted indicator for the main trading currencies lifted 0.96% compared to the last sale on April 9. Of the 5,837 bales on offer, 91% sold.
Insight20 Apr 2015The Australian wool market came out of the Easter recess with a big surge this week. The Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) rose by 24 cents, closing on 1,130 cents per kilo clean – a new season high – on Thursday, April 16. In US terms, the market came up more strongly week on week than it has all season, climbing 31 US cents, to close at 875 cents per kilo clean.
SAS Textiles has launched the new SAS Sport line of synthetic performance fabrics developed for athletic, outdoor and lifestyle customers. The circular knitter said it will use its wide range of equipment to offer a fully merchandised line of performance apparel knits including fine-gauge stretch fabrics, technical top weights and novelties for post-workout comfort.
Insight17 Apr 2015Four months into his new role as manager of the Austrian Man-made Fibers Institute and Chairman of the Programme Committee of the Dornbirn Man-made Fibers Congress (MFC), Mr Friedrich Weninger has been working to make Dornbirn-MFC a European hub for networking and ideas for the global fibre industry and downstream stages.
Insight17 Apr 2015It is becoming increasingly common for universities and associated technology transfer companies to expand into new territories to share and develop their expertise and those associated with textile education, research and transfer to the market are no exception.
Insight17 Apr 2015Textiles are full of potential for medical applications - they offer flexibility and adaptability, different properties and different structures. The latest development to hit the headlines is a woven e-fabric from the Teijin Group, hoping to bring speed and ease to ECG measurements in emergency conditions.
News17 Apr 2015A planned free-trade agreement (FTA) between Turkey and Pakistan will be a ‘win-win’ situation overall, according to a senior Turkish government official involved in the negotiations. When asked about the current status of the deal, the official, who spoke on condition of anonymity, told WTiN.com: "We started negotiations with Pakistan some time ago and have completed many rounds, but so far we haven’t reached a firm outcome. Last month Islamabad officially asked us to sign a free-trade agreement.”
