Explore ideas, evidence and developments across the textile value chain.
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Exhibition space at ITMA ASIA + CITME 2014 is now fully booked. The space sold for this year's show, which takes place at the Shanghai New International Expo Centre from June 16-20, has reached 152,200 sq metres, an increase of 15% on the previous edition in 2012, the organisers said.
News14 Mar 2014Very sluggish trading conditions have again been reported on many of the major cotton import markets during the past week. Many mills are still thought to have short-term raw material requirements to cover, but current price levels are considered unattractive at best and, for many buyers, unprofitable when compared with prevailing yarn selling rates. New York futures are performing a necessary role for US cotton, suppressing demand for a crop that is very well committed. However, the international trade is thought to be holding fairly sizeable stocks of other growths which need to be sold before the July contract in New York matures – anyone carrying cotton hedged on New York beyond that delivery will be exposed to an significant inversion in the futures market, with the December contract currently trading at a discount of 10 cents. The longer international demand for cotton remains slow, the more selling pressure will build in international trade circles.
While traditional textile sectors have encountered an increasingly challenging business environment in China in recent years, in face of slowing demand and surging costs, technical textile firms have tended to increase investment in capacity, lured by the prospect of attractive profit margins.
News14 Mar 2014According to China Customs, acrylic staple fibre imports during January tumbled to 11,727 tonnes, down 32.99% from the previous month and 51.74% from a year earlier. Imports through the whole of 2013 amounted to 212,200 tonnes, an increase of 13.84% from 2012.
The Outdoor Retailer Winter Market, held annually in Salt Lake City, is the biggest exhibition of outdoor apparel and gear in the US. It draws a crowd of brands and retailers, designers and manufacturers, whose mission is to develop product that keeps us warm, dry and safe while enjoying an outdoor lifestyle.
Crypton has acquired Nanotex. The privately held, 20-year-old Crypton Fabrics, based in Bloomfield Hills, Michigan, US, purchased Nanotex from private equity and venture capital investors, W L Ross and Co. LLC as major stockholders, Norwest Venture Partners, Masters Capital Nanotechnology Fund, Firelake Capital Management and Masters Capital Management.
News14 Mar 2014LAUNCH Nordic is a new initiative that aims to explore the sustainability of materials and the way they are made. Unveiled today to an audience of invited stakeholders in Copenhagen, Denmark, it extends the reach of the LAUNCH collaboration announced last year by Nike, NASA, the US Agency for International Development (USAID) and The US Department of State.
News13 Mar 2014The main alteration in the FOB quotations provided by The Schneider Group this week was a rise in offering prices for superfine alpaca tops, which follows recent increases for the baby types. With supplies of baby alpaca virtually exhausted, spinners and weavers have apparently turned to the Fine Spinning types to meet their production requirements.
News13 Mar 2014Wool Services International indicate that a modest sale this week encountered a limited enquiry from exporters. With supply and demand about in balance, an appreciation in the local currency against the US dollar was the main factor influencing prices.
News13 Mar 2014A sustained active demand continued to drive prices higher at the 2nd sale of the 2014 summer season in Port Elizabeth this week. The average indicator rose by 8.2% from the previous sale to close at R142.94 per kilo. A total of 199,619 kilos was on offer, of which 98% was sold.
US association The Sewn Products Equipment & Suppliers of the Americas (SPESA) will host the third biennial edition of its SPESA VIP Networking Event on May 13, 2014, at the Georgia Aquarium in Atlanta Georgia. Held in conjunction with the co-located Texprocess Americas, Techtextil North America and JEC Show Americas trade-show events, the evening event is designed to provide show exhibitors and visitors with an opportunity to network with fashion, sewn-products and technical-textile industry leaders and peers.
The first clothing physiology experiments to be carried out in weightlessness are to take place during the six-month Blue Dot space mission, which lifts off on 28 May 2014. Dubbed the ‘Spacetex’ project, the experiments will be designed to shed light on the interaction between the body, clothing and climate.
News13 Mar 2014Teijin Aramid’s current product in the waterblocking yarns category, Twaron type D3052, features a super-absorbent polymer yielding superior waterblocking properties and has been met with positive feedback throughout the industry compared with its type 1052, according to the company.
Multinational professional services firm Ernst & Young has outlined a number of ways in which clothing retailers sourcing from developing countries such as Bangladesh can avoid difficulties with contract manufacturing, such as those highlighted by last year’s incident at the Rana Plaza garment factory in Dhaka.
News12 Mar 2014Yarn and fabric business in Pakistan has been overshadowed during the past week by the sharp appreciation of the rupee against the US dollar. The local currency has gained around 4% since the beginning of the month, on the back of an increased flow of foreign direct investment and associated rise in foreign exchange reserves.
