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Ikea targets to boost export value to US$ 1 bn will produce more in Indonesia
Ikea, the Swedish multinational company who achieved sales of ¤30.1 billion last year in its 361 stores worldwide, is looking to produce mattresses and flat-pack furniture in Indonesia next
Shera Hoisery sees Bihar state as favorable place to setting up industry
Shera Hoisery Pvt Ltd., a company who started its journey in 1969 by taking up job works, now an integrated producer of hosiery items with hosiery units in West Bengal and Tamil Nadu. It has its own
JV amid Govt and top Indian fashion designers to fructify Benares weavers
Varanasi, which is Prime Minister Narendra Modi’s constituency, has plenty of weavers who are banking on government support to survive in the mass-production market economy. Their goods, which
Bekaert Textiles specialist in mattress fabrics taken over by German firm Haniel
Bekaert Textiles, one of the technology leaders in the development and production of knitted mattress and bed textiles, from Gamma Holding has been taken over by Franz Haniel & Cie, GmbH (Haniel), a
Spun yarn prices moving in line with fibre cost
Cotton yarn market again lost ground, and participants were holding bearish expectations over the future trends amid sluggish sales. In the week ended 15 May 2015, cotton yarn markets showed signs of
India, Bangladesh has highest number of GOTS-certified facilities
Global Organic Textile Standard (GOTS) is recognized worldwide as the leading processing standard for textiles made from organic fibers. GOTS-certified facilities are now located in 64 countries
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
Yarn Forward rule to have major effects on signatory countries such as Vietnam
United States led trade agreement Trans-Pacific Partnership (TPP) which involves twelve countries, is presently under negotiation. A key part of the proposed TPP is a rule known as “yarn
Bangladeshi RMG companies turn to make factories more environmentally friendly
As consumers all around the world and leading brands are placing ever more importance on good factory environments and environmental sustainability, Bangladeshi RMG companies has started making
Wool tech firm Texas Fibre gets financial backing from investors
Auckland-based wool tech firm, Texus Fibre specializes in developing special materials using the natural properties found in home grown wool gets financial backing from Kiwi and international
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