News

  • Rise In Egypt’s Cotton Pricing

    Rise In Egypt’s Cotton Pricing

    Cotton prices in Egypt have reached all-time highs, owing to rising demand and a drop in worldwide production.   The price of a qantar of cotton (about 157kg of seed cotton or 45kg of lint cotton) has risen by more than 70% since last year, reaching almost LE3,900. Last year, it was sold for...
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  • 2019-2029 Global Outlook Forecast of Textile Flooring Market

    2019-2029 Global Outlook Forecast of Textile Flooring Market

    Future Market Insights has released a new market research study on the textile flooring market, which contains worldwide industry analysis for 2014–2018 and opportunity evaluation for 2019–2029. Future Market Insights has released a new market research study on the textile flooring market, whic...
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  • ISKO COLLABORATES WITH MORE RESEARCH TO ADVANCE CIRCULAR INNOVATIONS

    ISKO COLLABORATES WITH MORE RESEARCH TO ADVANCE CIRCULAR INNOVATIONS

    Denim mill in Turkey Isko is continuing its circular journey by forming a new cooperation with the Swedish research and development firm MoRe Research, which is part of the Rise Research Institutes of Sweden. The companies will collaborate to create innovative, sustainable technologies that wil...
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  • COTTON IMPORTS FROM UZBEKISTAN BRIGHTENING UP

    COTTON IMPORTS FROM UZBEKISTAN BRIGHTENING UP

    Bangladesh’s chances of resuming cotton purchases from Uzbekistan have risen after the United States dropped a restriction on obtaining the crucial textile raw material from the country following considerable progress in abolishing forced labour. Until 2007, when a boycott movement against Uzbe...
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  • CHINA PLUS ONE ANTICIPATES INDIA’S TEXTILE SECTOR REVIVING

    CHINA PLUS ONE ANTICIPATES INDIA’S TEXTILE SECTOR REVIVING

    Despite a container shortage and a shipping crisis, India’s textile industry has managed to weave a comeback tale. It is in a favourable position, owing largely to the China Plus One strategy of European and US fashion brands, as well as the US ban on Chinese cotton. According to the latest ava...
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  • MANDATORY SEATING FACILITIES FOR TN’S TEXTILE WORKERS

    MANDATORY SEATING FACILITIES FOR TN’S TEXTILE WORKERS

    Taking a leaf out of neighbouring Kerala’s footsteps, Tamil Nadu introduced a Bill to provide mandatory seating facilities for the staff working in shops in the state. The Bill introduced by Labour Welfare Minister and Skill Development C.V. Ganesan sought to amend the Tamil Nadu Shops and Estab...
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  • EGYPT’S GARMENT SECTOR GENERATES LE 300 BILLION EACH YEAR

    EGYPT’S GARMENT SECTOR GENERATES LE 300 BILLION EACH YEAR

    According to Mohamed Abdel Salam, director of the Federation of Industries’ Chamber of Readymade Garments Industry, Egypt’s garment industry generates roughly LE 300 billion every year. On the sidelines of the signing of a cooperation protocol between the Chamber of Garment Industry and the read...
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  • THE GARMENT INDUSTRY IN THE UNITED STATES HAS RECOVERED IN 2021

    THE GARMENT INDUSTRY IN THE UNITED STATES HAS RECOVERED IN 2021

    Following a catastrophic 2020 in terms of both values and volumes, the US apparel business has revived in 2021. According to one research, US clothing imports increased by 26.92 percent to $35.38 billion in the first half of this year, compared to the same period in the previous year. Imports gr...
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  • VERTICAL INTEGRATION IS EMPHASISED BY THE CHAMBER OF GARMENT EXPORTERS

    VERTICAL INTEGRATION IS EMPHASISED BY THE CHAMBER OF GARMENT EXPORTERS

    To reap the full benefits of the Generalised Scheme of Preferences Plus (GSP+), Sri Lanka’s clothing sector must swiftly enhance the value addition to its exports to the European Union (EU) from 52 percent to 65 percent. Vertical integration in Sri Lanka’s garment sector is one of the quickest m...
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  • VIRUDHUNAGAR WILL RECEIVE A RS 400 CRORE INTEGRATED CLOTHING PARK

    VIRUDHUNAGAR WILL RECEIVE A RS 400 CRORE INTEGRATED CLOTHING PARK

    In response to a debate in the Assembly on the demand for grants for the Industries Department, state Industries Minister Thangam Thennarasu stated that an integrated apparel park would be developed at Kumaralingapuram SIPCOT in Virudhunagar at a cost of Rs 400 crore to promote industrial growth...
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  • PAKISTAN’S TEXTILE INDUSTRY EXPORTED $1.49 BILLION IN JULY

    PAKISTAN’S TEXTILE INDUSTRY EXPORTED $1.49 BILLION IN JULY

    According to a government official, the textile sector reached a peak in July, recording $1.49 billion during the first month of the current fiscal year 2021/22. Farrukh Habib, Minister of State for Information and Broadcasting, stated that when the Pakistan Tehreek-e-Insaf government took powe...
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  • PIONEER EMBROIDERIES’ BOD APPROVES EXPANSION; STOCK TRADES FLAT

    PIONEER EMBROIDERIES’ BOD APPROVES EXPANSION; STOCK TRADES FLAT

    Pioneer Embroideries Limited’s Board of Directors approved a circular resolution on Saturday to expand into POY (Partially Oriented Yarns) and DTY (Draw Textured Yarns). Pioneer Embroideries Ltd was trading at Rs67.40 per piece at around 11.19 a.m., down Rs0.4 or 0.59 percent from its previous ...
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