One Million Liters initiative has been launched today as part of the opening of KingPins Show in Amsterdam, which is one of the most important global events in denim. The campaign’s core mission is to raise awareness by showing how changing one part of the production or manufacturing process can speed up change towards a more sustainable textile industry.
Chemicals group BASF has reported revenues of €46.5 billion for the first nine months of 2019, a fall of 2% on the figure for the corresponding period last year. Its pre-tax earnings were down by substantially more, falling by 34% year on year to reach €3.7 billion.
The group said it had had a “significantly lower contribution” from its materials segment, which brought in revenues of €8.8 billion over the nine-month period, a decline of 15%.
PrimaLoft and environmental organisation Parley for the Oceans have announced a strategic partnership that will take plastic intercepted from remote islands, beaches and coastal communities and use it to manufacture high-performance insulation products.
PrimaLoft, a leading expert in advanced material technology, will be the first insulation provider in the textiles industry to partner with Parley to develop products from marine plastic waste. This represents another step forward for PrimaLoft in its efforts to be Relentlessly Responsible.
Epson America today introduced new 64-inch dye-sublimation printers – the SureColor® F9470 and SureColor F9470H. Designed to offer reliability and high image quality with outstanding print speeds, the new printers are ideal for roll-to-roll textile, home décor, promotional product, and soft signage markets. The SureColor F9470H also offers businesses the option of printing with two genuine fluorescent inks – Yellow and Pink – which brings bright, vivid colors to the production of sportswear, workwear and fashion items.
The H&M Group and furniture giant Ikea have joined together to conduct a large-scale study of recycled textiles, as the companies announced at the 2019 Textile Exchange Sustainability Conference.
The two companies are currently reviewing chemical content in post-consumer textile recycling in a study that has been underway since May 2018.
H&M has been working towards a goal of increasing its use of recycled materials to become more circular, and therefore has an interest in understanding the chemical content of collected pre-owned textiles to ensure safe use of recycled materials.
India Ratings and Research (Fitch Group) has published the August 2019 edition of its credit news digest on India’s textile sector. The report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres, yarns, fabric with a focus on commodity prices, imports/exports, production and recent rating actions.
Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices. The agency expects the prices to fall further as global production is likely to be higher than demand growth.
After months of protests by black-clad demonstrators demanding democracy in Hong Kong, China has come up with a new countermeasure—banning the export of black clothes from the mainland to the territory. The South China Morning Post reports that customs officials in mainland China have ordered courier firms not to send black clothes, and many other items used by protesters, across the border.
Brits purchase more clothing than any other European country, spending £2.7 billion ($3.5 billion) on fashion that they only wear once.
The founder of a fashion technology company called By Rotation is hoping to change consumer habits, and help the planet to boot.
U.K.-based, India-born and Singapore-raised Eshita Kabra came up with the idea when she was planning her honeymoon.
American outdoor apparel brand Cotopaxi has appointed Wales-based Unify Brand Partnerships to be Cotopaxi’s first European distributor. The partnership begins with the launch of Fall/Winter 2020 season and will focus on the UK and Ireland.
Cotopaxi has identified the UK as the next natural step for wholesale distribution, citing the country’s trendsetting consumers and innovative retail opportunities.
Merchandise exports in September fell by 6.6% to $26 billion. Exports during this fiscal have fallen 2.5% to $159.6 billion. The most worrying part is that labour-intensive exports, which create employment in large numbers, have been falling. Mint examines this decline.
Which sectors haven’t done well in exports?
