By Robert Heymen Last Updated: 17th August, 2024 2 minutes read The global textile market was valued at around $993.6 billion in 2023, and it is expected to reach over $1.3 trillion by 2027. The global apparel market was valued at approximately $1.5 trillion in 2023, with projections to...Read More
Seven-year research programme proves clothes including jeans and T-shirts can last more than 50% longer with gentler wash conditions. 21st August 2024 Innovation in Textiles Stockholm, Sweden New research, published in the fourth edition of The Truth About Laundry report, proves that...Read More
By Faysal Last Updated: 17th August, 2024 2 minutes read The European garment industry is undergoing a transformative shift driven by the twin forces of automation and nearshoring. These advancements are poised to revolutionize production processes, bringing significant benefits in...Read More
Desk Report 11th August, 2024 3:11 PM The General Assembly of ACIMIT, the Italian Textile Machinery Manufacturers Association, held in Milan on July 9, emphasized the industry’s commitment to innovation amidst current global uncertainties. Marco Salvadè, ACIMIT’s...Read More
23rd August, 2024 3 Min Read Aleksandra Suzi GREENSBORO, N.C.: UNIFI, Inc. (NYSE: UFI), leading innovator in recycled and synthetic yarn, today announced the launch of two new products, making its circular REPREVE® offering the largest portfolio of regenerated performance polyester in...Read More
By Akhi Akter 17th August, 2024 10:51 AM Vietnam’s apparel and textile industry is at a critical stage as it faces opportunities and challenges under its evolving authoritarian political landscape. The recent rise of a former Security Minister To Lam to power has sparked a mix of...Read More
By Isabelle Crossley 22nd August, 2024 India’s Phoenix Kothari Footwear Limited and Taiwan’s ShoeTown Group’s joint venture JR One Footwear Private Limited plans to launch two new manufacturing facilities and leather component clusters in the state of Tamil Nadu....Read More
Q2 performance driven by a rise in transactions By Jennifer Marks Editor in Chief 21st August, 2024 Minneapolis – Discretionary trends improved for third consecutive quarter at Target Corporation. Each of the discounter’s core categories saw growth in the quarter,...Read More
By Isabelle Crossley 22nd August, 2024 Luggage and accessories business Uppercase has received a $9 million investment from venture capital firm Accel. The funding injection will fuel Uppercase’s domestic and international retail expansion and has doubled its valuation to total $60...Read More
Bangladesh's interim prime minister Muhammad Yunus said in his first major policy address on Sunday that his government would maintain support for the more than one million Rohingya refugees in the country, adding that reviving the mainstay garment industry, disrupted by weeks of civil unrest,...Read More
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