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Related Keywords: environment, export, fabrics, fibre, growth, India, man-made, MMF, polyester, sustainability, technology, Textile, value chain, viscose, yarn

Man-made fibre (MMF) industry is contributing 2% to India’s GDP and providing jobs to over 18 million people directly and more than 20 million indirectly and technical textiles are expected to see a significant growth in coming time, according to a textiles export body.

Synthetic & Rayon Textiles Export Promotion Council chairman Ronak Rughani said with an increasing focus on protecting environment, the demand for man-made fibre (MMF) textiles as a substitute for cotton is growing globally.

Related Keywords: Adidas, America, Asia-Pacific, China, growth, North America, profit

Sports group adidas has reported first-half revenues of €11.4 billion, 5% up on the figure for the first half of 2018. Operating profit increased by 13% to reach €1.5 billion.

Commenting on the results, chief executive, Kasper Rorsted, said adidas had achieved double-digit increases in revenues in two areas it had targeted for strategic growth, China and e-commerce.

Related Keywords: brand, first half, growth, Gucci, Kering, luxury, margin, revenue, Sales, sustainable profitability

French luxury goods group booked strong double-digit sales growth in the first half of 2019 and a record operating margin of 29.5% – but investors have instead focused on a slowdown in sales growth at its key Gucci brand.

Total revenue generated by Kering's brands in the six-month period amounted to EUR7.34bn (US$8.2bn), up 18.6% as reported and 15.2% on a comparable basis.

Related Keywords: apparel, Bangladesh, BGMEA, Business, export, garment, growth, manufacturing, Shipments

Prices of garment items exported from Bangladesh dipped by 1.61 percent over the last four years, a reflection of the pressure international clothing retailers and brands always put on the garment manufacturers for lowering prices.

If the period between fiscal 2015-16 and 2018-19 are taken into consideration, price per unit of garment items increased only last year by 1.42 percent, according to data from Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Related Keywords: export, Garments, growth, Industry, manufacturing, Textile, turnover, Vietnam, Vietnam Textile and Apparel Association

Vietnam has gained nearly USD12.1 billion from exporting garments and textiles in the first five months of this year, posting a year-on-year increase of 10.3 percent.

Revenues of the country's garments and textiles exported to the Association of Southeast Asian Nations (ASEAN) soared 31.6 percent, to South Korea up 16.3 percent, to the United States up 9.8 percent, and to Japan up 6.5 percent.

In May alone, the garment and textile export turnovers reached USD2.6 billion, gaining a year-on-year increase of 10.8 percent.

Related Keywords: Burberry, growth, Industry, modern, OBE, technology, Textile, Yorkshire

The growth of Yorkshire’s booming modern textile industry has the potential to lead worldwide, industry leaders say, held back only by the search for new career entrants.

The creative industry has seen huge global growth, the region’s manufacturers have told The Yorkshire Post, developing a reputation for quality while leading advances in technology.

Ahead of a festival across Kirklees to showcase opportunities, they warn that the only aspect hampering global recognition is a persistent image of Yorkshire’s ageing textile past.

Related Keywords: childrenwear, Chinese, fashion industry, growth, health children, obesity, retail

Nearly 20% of Chinese children ages 7 to 18 are overweight or obese, up from 2.6% in 1985.

Factors driving that trend include rising family incomes, changing eating habits and cultural notions of what's healthy.

As a result, the market for larger kids' clothing is expected to be worth $9.1 billion by 2020.

Related Keywords: CAGR, chemical, crude oil, Emery Oleochemicals, growth, manufacturer, polyester, polyols, supply chain, Textile, urethane

Persistence Market Research (PMR) has published a new report in its report repository. The report is titled, “Polyester Polyols Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025.” Polyol is a liquor, which essentially comprises of substantial number of hydroxyl amalgamates. It is characterized into polyether and polyester polyol. Prior, polyester polyols were utilized in both adaptable and unbending froth plans. In any case, in 1957, polyfunctional polyether polyols were presented for use in urethane based foam systems.

Related Keywords: apparel, clothing retailer, environmental cost, fabric, fast fashion, future of fashion, Garments, growth, head of sustainability, organic cotton, polluting industries, Recycle, second-hand market, supply chains, Vintage garments

H&M will trial sales of second-hand and vintage clothes as it seeks to tap into consumers' growing concerns about the environmental cost of fast fashion, its head of sustainability said on Friday.

Anna Gedda told Reuters H&M would launch a pilot in Sweden for online sales of second-hand garments on the site of its & Other Stories brand, with the aim of extending the scheme to other markets and brands in years to come.

Related Keywords: Arvind Limited, built on four planks, EU, focusing on multipronged strategy, Free trade agreement, growth, innovation, intends to become a strategic partner, labour law, multi-fibre, sustainability, Textile Industry, textile major, verticalisation, with its customers

Arvind Limited, textile major intends to become a strategic partner with its customers by focusing on a multipronged strategy for its growth. Their strategy will be built on four planks — sustainability, innovation, verticalisation and multi-fibre, company’s Chairman and Managing Director Sanjay Lalbhai said in an interview.