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Intertextile show opens in Shanghai
The 2014 Spring Edition of Intertextile Shanghai Apparel Fabrics opened today, showcasing more than 1,400 exhibitors from 23 countries and regions.
Pakistan gears up for Punjab garments city
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 receives Boeing award
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.
News3 Mar 2014AEPC welcomes 2% duty credit scrip extension for RMG
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.
Wool Market Report - 3rd March 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
News3 Mar 2014Biteam develops 3D woven profiles with +Ɵ°/-Ɵ° and 0°/90° fibre orientations
Biteam 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.
Euratex initiates energy efficiency campaign
Euratex is initiating a new information campaign to help more than 300 companies, notably small to medium enterprises (SMEs), to become more energy efficient. The Made-to-Measure campaign will run until 2016.
News28 Feb 2014Market for wearable technology to reach $70bn by 2024
The market for wearable technology is expected to reach $70bn in the next ten years, primarily driven by growth in the healthcare sector which merges medical, fitness and wellness.
Insight28 Feb 2014Where next for India’s textile industry?
With 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 2014Chinese rumours unsettle cotton market
As 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.
Defence cuts continue to impact TenCate’s sales
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.
Profile28 Feb 2014Modern silk masters
A new initiative has been launched promoting the intrinsic value of Modern Thai Silk.
BASF presents its sustainable textile solutions
BASF used a gathering of specially invited textile-industry stakeholders in Hong Kong this week to communicate its sustainable solutions for the textile value chain.
Insight28 Feb 2014How India can lead the world in cotton textiles
Strategies for enhancing the quality of Indian-manufactured cotton yarn were among the topics explored at the Uster Quality University – a three-day event staged in Goa, in December.
Culp Q3 sales up 13%
US-based mattress manufacturing firm, Culp ended its third quarter with net sales up $72.4m, a 13.6% increase compared with $63.7m a year ago. The company reported net income of $8.4m, compared with net income of $2.8m, for the third quarter of fiscal 2013.
NCWSBA Australian Wool Market Report
Weekly analysis of the Australian Wool Market by Chris Wilcox, Executive Director of the National Council of Wool Selling Brokers of Australia.
Shima exhibits at Egy Stitch & Tex
Shima Seiki is exhibiting at Egy Stitch & Tex exhibition in Cairo, Egypt, until Sunday. On display is the latest version of its SDS-ONE APEX3 3D design system demonstrating comprehensive support of the entire process of apparel production.
News28 Feb 2014First knitted football boot launched
Adidas 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.
Providência sales volumes up 20% in Q4
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.
AEC invests in Honduras facility
AEC Narrow Fabrics, formerly known as Asheboro Elastics, has renamed its TESA – Telas Elasticas, S. De R.L. plant in Honduras, Central America.
HBI drives profitability through Innovate-to-Elevate strategy
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.
Local manufacture makes margin sense
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.
