News Tags

Related Keywords: apparel, China, investment, manufacturing, Pakistan, polyester, Textile, yarn

Prime Minister Adviser on Commerce Abdul Razak Dawood has underlined the significance of investment opportunities in the textile sector for industrial development.

In a meeting with a Chinese delegation of the National Textile and Apparel Council (CNTAC) on Tuesday, he urged the delegation to extend its cooperation in the textile sector. The two sides discussed bilateral trade and investment opportunities.

Related Keywords: China, cotton, fiber, financial markets, future, liquidation, loss, Mills, Textile, trading

Cotton futures fell on Tuesday, as mills held off buying following a short-lived rally during the previous session and investor liquidation and a stronger U.S. dollar pressured prices.

The most-active December cotton contract on ICE Futures U.S. edged down 0.82 cent, or 1 percent, to settle at 84.72 cents a lb.

A lack of buying from global textile mills and long liquidation from investors pushed cotton prices to the day’s losses, after they climbed 1.8 percent during the previous session as investors renewed investment in riskier assets at the start of the quarter.

Related Keywords: BioTex, BMBF, carbon footprint, Covestro, fibre, innovation, polymer, technology, Textile

Polymer materials manufacturer Covestro has developed a method of yielding elastic textile fibres through the partial use of carbon dioxide as a replacement to crude oils.

Produced in partnership with the Institute of Textile Technology at RWTH Aachen University, along with other collaborators, the fibres – made from CO2-based thermoplastic polyurethane (TPU) – were created through the utilisation of a melt spinning technique that, unlike conventional dry spinning, is not reliant on harmful solvents.

Related Keywords: ATA, bales, cotton, fiber, government, Kenya, Mills, Rivatex, supply chain, Tanzania, Textile, Uganda

The quest to return Kenya’s cotton farming to profitability has received a vital jolt with the recent reopening of textile factories in the country.

Two weeks ago, President Uhuru Kenyatta presided over the official reopening of the Rivatex textile factory with a strong pitch for more cotton growing in the country. Besides the Eldoret-based cotton processor, Thika Cotton Mills, Bedi Investments and Ken Knit factories have also reopened their doors to cotton-processing.

Related Keywords: apparel, Bangladesh, environmental impact, fashion, fast fashion, government, Higg Index, India, innovation, market, Textile

India feels the adverse social and environmental impact of ‘fast fashion’; however, this may change soon.

India is a global manufacturing hub for textiles and apparel, coping with growing international and domestic demand. The global textiles market is projected to reach $1.3 trillion by 2025. Similarly, the domestic market for apparel is estimated to reach $59.3 billion by 2022 and that for textiles to grow to $223 billion by 2021. The industry is also critical in terms of income and employment generation, contributing to 5 percent of India’s current GDP.

Related Keywords: China, clothing, Garments, H&M, India, Inditex, Mexico, Myntra, Pretax, profit, Sweden, Textile, Textiles, Thiland, Tmall, Zara

The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments.

Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump in earnings.

Inventory dropped slightly as a proportion of sales, easing to 18.2% at the end of May from a record 18.9% as of last August, H&M said Thursday. CEO Karl-Johan Persson said H&M still aims to boost operating profit this year.

Related Keywords: Candiani, denims, Elleti Group, Garments, jeans, museum, Textile

Verona is not just the fictional home of Shakespeare’s Romeo and Juliet. The Northern Italian city now lays claim to a denim archive housing more than 15,000 pieces dating as far back as the mid-19th century.

Laundry and garment manufacturer, Elleti Group, celebrated last week the grand opening of its denim museum with a host of industry friends and partners.

Related Keywords: brands, CEMATEX, Garments, global, Industry, innovation, ITMA, machinery, manufacturing, Spain, technology, Textile

Themed ‘Innovating the World of Textiles’, the 18th edition of ITMA, the world’s most established textile and garment technology exhibition, concluded successfully in Barcelona, Spain.

The global textile and garment manufacturing industry converged at ITMA 2019, chalking up new records for the exhibition which has been held every four years since 1951. It featured many exciting new product launches and innovative technologies and products, including those that leverage the Internet of Things, by 1717 exhibitors from 45 countries.

Related Keywords: China, Commodity Exchange, cotton, exchange, export, future, import, overseas traders, PTA, statistics, Textile, trading

China's Zhengzhou Commodity Exchange said it will promote the introduction of qualified overseas traders in the trading of cotton futures.

The exchange listed the goal in a recently-issued white paper on cotton futures.

As the world's largest producer, consumer and exporter of textile, China listed cotton futures on the exchange in June 2004 to help cotton-related enterprises hedge the price risk. Since 2004, a daily average of 144,000 lots (5 tonnes per lot) have been traded.

Related Keywords: brrr, clothes, cool, fabrics, Intertek, nylon, Omax, polyester, Taiwan, technology, Textile, yarn

Cool is a science. And this is about textile technology, not fashion.

Although clothes make from brrr° yarn may look good, the cool factor is in the company's Triple Chill Effect, according to a company rep.

The newest news from the Atlanta, Georgia, startup is test data from an independent lab that shows brrr°'s technology can keep people cooler and more comfortable in everyday activities. As The Fonz would say, "Aaaay!"