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Airlaid producer SharpCell has received Forest Stewardship Council (FSC) certification, which signifies that it only uses wood from sustainably managed forests.
The European market for wearable technology will grow 42.1% per annum over the next five years to a total value of $2545.51m in 2019, according to a new report.
The China yarn market remained weak during the first week of August as the textile industry struggled in the extremely hot weather.
The Australian wool market has seen a strong start after the three-week winter break, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) going up by 5 Australian cents over the previous sale on July 10. The EMI closed at 1,031 Australian cents per kilo clean on Thursday August 7. In US dollar terms, the EMI fell by 9 cents to 955 US cents per kilo.
Rising costs in China have been forcing an increasing number of Western apparel brands and retailers to cut back on sourcing in China and have more of their apparel manufactured elsewhere, according to Issue No 169 of Textile Outlook International from the global business information company Textiles Intelligence.
Solvay closed the second quarter of the fiscal year with net sales of €2,640m, up 2% from the second quarter of 2013. Recurring earnings before interest, taxes, depreciation and amortisation (REBITDA) was €485m, up by 10% year-over-year, driven by volume growth, both organic and external, and sustained strong delivery on excellence measures, the company said.
News8 Aug 2014Smithers Apex is organising the Wearable Technology UX 2014 conference which will address how information gathered from other disciplines can influence user experience of wearable technology, as well as covering a variety of aspects contributing to user experience satisfaction.
News8 Aug 2014The Indonesian government is trying to reduce dependence on imported raw materials, including those used by the textile industry. At the end of July, after a dialogue forum with the West Java textile, garment and footwear industry, Minister of Industry, MS Hidayat said that at present nearly 50% of capital goods and raw materials in the country are imported. “My focus is to strengthen the integration of the industry, until it could reduce imports.”
Heat Holders thermal socks have sold over 10m units since SockShop, under the guiding hosiery arm of the Ruia Group, launched the products into the marketplace in 2010. Now, Heat Holders are a nationally recognised product, exported to 28 countries worldwide including USA, Australia, Russia and China, the company said.
News7 Aug 2014Cotton values in Pakistan slumped after the Eid holiday, to Rs 5,250 per maund on August 4, the one-year low, which was Rs 450, or 7.9%, lower than the final session before the holiday. The plunge in cotton prices was the result of tepid demand from China, the biggest consumer for Pakistan cotton and cotton yarn.