European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

 

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European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

May 09, 2024

View in browser  Weekly Newsletter This Week In News: Friday 10th May 2024 • European fashion giants post diverse regional performance in Q1 FY24 • Rising imports from China: A growing concern for Indian industries • Bangladesh central bank hikes policy rate by 50 bps to 8.5% • US economic growth slows, consumer spending stays strong in Q1: NRF • Jordan extends exemption from customs duties, sea freight charges tax Advertisement Top Stories US cotton exports see notable increase over last week: USDA US Upland cotton net sales increased significantly in 2023-24, reaching 253,700 RB, driven by major orders from China, Pakistan, and Vietnam. Upland sales for 2024-25 also showed strength with 158,900 RB booked,... MS & J...

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Hildred acquires US company Hello Bello | Sweden’s Billerud appoints Andrei Kres as new CFO

December 26, 2023

View in browser www.technicaltextile.net | Wednesday 27th December 2023 What Happened This Week In Technical Textile Industry Hildred acquires US company Hello Bello Hello Bello has been acquired by Hildred Capital Management, a healthcare-focused private equity... Advertisement Sweden's Billerud appoints Andrei Kres as new CFO Billerud has appointed Andrei Kres as its new chief financial officer (CFO). With a decade-long... Suominen launches Biolace with cotton in America Finnish firm Suominen has introduced Biolace with cotton to the US market, a 100 per cent... US' P&G appoints Ashley McEvoy to board of directors Ashley McEvoy, former EVP and worldwide chairman of MedTech at Johnson & Johnson, has been... Advertisement ...

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Andritz to present innovative nonwovens solutions at ANEX in Taiwan | Europe, NA, APAC, China lead spunbonded polyester nonwoven production

April 16, 2024

View in browser www.technicaltextile.net | Wednesday 17th April 2024 What Happened This Week In Technical Textile Industry Andritz to present innovative nonwovens solutions at ANEX in Taiwan Andritz will showcase its nonwovens and textile solutions at ANEX in Taipei, emphasising hygiene,... Advertisement Europe, NA, APAC, China lead spunbonded polyester nonwoven production Price Hanna Consultants has released a report on spunbonded polyester nonwovens, detailing global... UK's BitePRO launches advanced Strongtex anti-ligature clothing brand BitePRO launches Strongtex, an advanced anti-ligature clothing range for healthcare and custodial... New smart fibre can emit light, generate electricity: Journal Science A team from China and Singapore has developed a smart fibre th...

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Weekly Newsletter

This Week In News: Friday 10th November 2023 • Acrylic fibre consumption may decline, 916 KT in Asia-Pacific in 2028 • General consumer sentiment about US economy one of uncertainty: Survey • IMF upgrades China's 2023 growth forecast to 5.4%, sees 2024 slowdown • US' textiles & apparel imports drop 21.8% to $81.1 bn in Jan-Sept 2023 • Bangladesh announces Tk 12,500 as minimum monthly wage for RMG workers

Advertisement Top Stories India-UK FTA nears completion; potential boon for textile trade The free trade agreement negotiations between India and the UK, initiated in 2021, may near conclusion soon. Encompassing 26 chapters, the agreement spans goods, services, and intellectual property. The UK, facing... Cambodia emerges as Canada's fourth largest apparel supplier Cambodia retained its rank as Canada's fourth-largest apparel supplier in the first eight months of the current year, with imports worth $676.623 million, despite a 15.35 per cent decrease compared to the same period... India's imitation zari thread or yarn to attract 5% GST: CBIC India's Central Board of Indirect Taxes & Customs has declared that imitation zari thread or yarn will be subjected to a 5 per cent GST, as per recommendations from the GST Council. This tax rate applies to zari made... Bowker Asia's OTDP up 10% with Coats Digital's FastReactPlan Bowker Asia Limited has improved its capacity plan accuracy by 10 per cent, production efficiencies by 3 per cent, and on-time delivery by 10 per cent after adopting Coats Digital's FastReactPlan. The system... Read More News

Advertisement Articles Automation - Sorting the Circular Textiles Gap Advanced technologies for the classification and pre-processing of waste garments are now an urgent requirement, as the... Garment Factory Transformation: From Local to Transnational Amidst the declining global garment industry, major retailers like Inditex, H&M, and Uniqlo will continue to thrive.... Growing Role of Indian Textile Industry in the Global Economy The Indian textile and apparel industry, valued at over $100 billion, has emerged as a global powerhouse. With strong... Read More Articles

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