Rieter launches new ring and compact spinning machines

2018/10 18 12:10

Courtesy: Rieter Rieter has launched G 37 and G 38, the new ring spinning machines, and K 47 and K 48, the new compact spinning machines. The new ring and compact-spinning machines are highly productive, extremely flexible, and save a lot of energy. Rieter, headquartered in Switzerland, is the world’s leading supplier of systems for […]

India may see strong cotton yarn exports growth: ICRA

2018/10 18 12:10

Indian spinners, who had reported a multi-year low profitability during 2017-18 due to multiple headwinds, have heaved a sigh of relief following the surge in export demand for cotton yarn. Though the growth pace is expected to moderate this year, India is set to record a strong growth in cotton yarn exports during this fiscal, […]

Tajik textile-apparel exports rise 30% in Jan-Aug 2018

2018/10 18 12:10

Tajikistan’s production of textile and apparel rose by 30 per cent in the first eight months of this year making more than $89.6 million, according to the country’s ministry of energy and industry. The industrial production index in the sector rose by 29.1 per cent due to an increase in the output of cotton fibre, […]

India International Silk Fair to kick-start from Tuesday

2018/10 18 12:10

Union minister of textiles Smriti Irani will inaugurate the sixth edition of India International Silk Fair (IISF) beginning Tuesday in New Delhi. Over 108 exhibitors of silk and blended silk products manufactured in different parts of the country will display their produce during the three-day event, organised by the Indian Silk Export Promotion Council. More […]

US retail imports strong after latest tariff round: NRF

2018/10 18 12:10

Imports at major US retail container ports are expected to remain at near-record levels this month despite a new round of tariffs that took effect in September, according to the monthly Global Port Tracker report of the National Retail Federation and Hackett Associates. The latter’s founder Ben Hackett said consumer prices will no doubt start […]

US AAFA names retail giant in notorious markets submission

2018/10 18 12:10

The American Apparel & Footwear Association (AAFA) included certain Amazon marketplaces in its submission to the Office of the United States Trade Representative (USTR) identifying foreign markets that facilitate the sale of counterfeits. AAFA identified amazon.co.uk (United Kingdom), amazon.ca (Canada) and amazon.de (Germany) in its submission. The submission was part of USTR’s 2018 Special 301 […]

ACIMIT member companies take part in ITMA Asia

2018/10 18 12:10

Around 130 Italian companies from ACIMIT are taking part in the ongoing ITMA Asia + CITME 2018 expo, at the Industry Information Hub – Association Village, in hall 1, stand F58. The international textile machinery exhibition is being held from October 15-19, 2018, in Shanghai, China. ACIMIT is the Association of Italian Textile Machinery Manufacturers. […]

H&M and Klarna to give clients modern shopping experience

2018/10 18 12:10

Courtesy: Klarna H&M and Klarna have entered into a partnership to further integrate H&M’s digital and physical stores to give customers a personalised shopping experience, no matter where, when, and how they shop. The partnership will deliver an unrivalled experience that will delight H&M customers across all touch-points, with a frictionless checkout across all channels. […]