Explore ideas, evidence and developments across the textile value chain.
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The 2014 Spring Edition of Intertextile Shanghai Apparel Fabrics opened today, showcasing more than 1,400 exhibitors from 23 countries and regions.
The Pakistan government has begun acquiring 1,562 acres of land near Lahore, capital of Pakistan’s most populous and main cotton-producing province, Punjab, for a proposed major garment-manufacturing centre.
TenCate Advanced Composites has received a 2013 Boeing Performance Excellence Award. The Boeing company issues the award annually to recognise suppliers who have achieved superior performance.
India’s Apparel Export Promotion Council chairman, Virender Uppal, has welcomed a move to extend the 2% duty credit scrip under the Market Linked Focus Product Scrip (MLFPS) for the RMG sector (2% duty credit scrip, HS 61 & 62) to the EU and USA for exports from 1 April until further notice.
News3 Mar 2014Biteam has recently demonstrated weaving technology that is capable of directly manufacturing beam-like 3D profiled materials wherein the orientation of fibres constituting the web and flange are +Ɵ°/-Ɵ° and 0°/90°. The Sweden-based 3D weaving specialist said this technology was the first of its kind.
Insight28 Feb 2014With a partial lifting of the recession in the USA and Europe, the Indian textile industry started performing well after 2011. While the garment exporting sector remained subdued from 2010-2013, the domestic retail segment became the engine of growth for textile demand and consumption by a growing Indian middle class which started lapping up fashion items, particularly the branded ones. This also led to emergence of home grown brands and private labels in the Indian textile retail sector.
News28 Feb 2014As the nearby March contract in New York moved into its delivery period this week, the upward pressure generated in the run-up to the spot month’s maturation by the need to liquidate ‘short’ positions has diminished – though similar pressure could play a role as the May and July contracts mature, with sizeable on call sales still to be fixed. As a consequence, futures values have sagged, falling back towards 85.00 cents in the front months, where renewed support from speculative buying has re-emerged.
TenCate has reported full year sales of €1,012m in 2013, a decline of 3% compared with the previous year. The company saw its defence-related revenues fall by 40% due to US defence cuts, but, in anticipation of this, it had sharpened its focus on private markets and sales increased by 7% to partially offset the decline. Net profit was €19m compared with €20.9m during 2012.
News28 Feb 2014Adidas has launched what it said is the first football boot to have an upper that is knitted from heel-to-toe, the Samba primeknit. It is said to provide a bespoke second-skin fit that retains the strength of a conventional boot, combining comfort and the responsiveness of playing barefoot with the protection of a traditional design.
Companhia Providência Indústria e Comércia (Providência), a leading Brazilian nonwovens manufacturer, has revealed that its sales volume during the fourth quarter of 2013 amounted to 29K tonnes, an increase of 20.2%, compared to the same period in 2012.
HanesBrands (HBI), a marketer of everyday basic apparel, through its Innovate-to-Elevate strategy is aiming to increase the firm’s industry-leading brand power, innovation platforms, and low-cost supply chain to drive profitability improvement.
Much has been talked about repatriating textile manufacture to Britain in the last couple of years but how sound is the business case? That was the subject of Kurt Salmon partner Alek Adamski’s presentation, given at the Association of Suppliers to the British Clothing Industry conference held in Hinckley, Leicestershire, UK in February.
