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 24th November 2023 • China's apparel exports to Russia soar 30% to $2.27 bn • European Parliament approves New Zealand-EU FTA • Textile recycling innovations signal shift towards sustainable fashion • Turkiye's CBRT hikes key interest rate by another 500 bps to 40% • EU loses growth momentum in 2023, moderate uptick expected in 2024

Advertisement Top Stories UK economy to grow slower than earlier forecast, inflation more dogged UK economic growth has been weak since early 2022 and high inflation and rising interest rates have constricted household budgets and consumer and business spending, noted the 2023 Autumn Statement presented to... China's textile & garment exports down 9% to $245 bn in Jan-Oct 2023 In January-October 2023, China's textile, garment, and accessory exports fell 9.21 per cent to $245.717 billion, compared to the same period in 2022. Garment exports dropped 8.7 per cent to $133.164 billion, while... India faces 7.23% drop in cotton production, lowest in 15 years India's cotton output for the 2023-24 crop year is projected to fall by 7.23 per cent to 295 lakh bales, the lowest in 15 years, due to the El-Nino effect. CAI cites unfavourable weather and pink bollworm infestations... India's The Yarn Bazaar & DKTE ink MoU to boost textile education The Yarn Bazaar has partnered with DKTE's Textile and Engineering Institute, signing an MoU to enhance textile education. This collaboration, led by Dr Admuthe and Pratik Gadia, focuses on providing DKTE students with... Read More News

Advertisement Articles Advancing Post-Consumer Textile Recycling: Emerging Technologies Shaping... As the fashion industry grapples with its environmental footprint, cutting-edge recycling technologies are stepping in... The Social Impact of Sustainable Textiles: Empowering Communities Sustainable textile practices are revolutionising global fashion, focusing on environmental stewardship, social... 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.... Read More Articles

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