Nike revenue grows 13% in Q4FY18

2018/07 05 05:07

Courtesy: Nike The fourth quarter revenue of the US headquartered Nike for fiscal 2018 has gone up13 per cent to a total of $9.8 billion driven by strong double-digit revenue growth in international markets and Nike Direct globally, and a return to growth in North America. Revenue for the Nike Brand for full year 2018 […]

India, Indonesia, Thailand in Intertextile Pavilion

2018/07 05 05:07

Courtesy: Messe Frankfurt India, Indonesia, Thailand and Turkey will be the new participants in the Intertextile Pavilion Shenzhen, Southern China’s leading event for apparel fabrics and accessories which attracts big-name Chinese and global fashion brands, to be held during July 5-7. The show with specific country/region areas and domestic pavilions will have 968 exhibitors. There […]

Cotton 2040 working to increase sustainable cotton

2018/07 05 05:07

In a bid to enhance uptake of sustainable cotton, a cross-industry initiative is asking brands and retailers to increase sourcing of sustainable cotton. It has also launched a digital guide to support them with fast tracking their sourcing strategies across multiple standards. Cotton production presents significant environmental and social challenges. Cotton is the most abundantly […]

‘There is growing interest in yarns with natural origins’

2018/07 05 05:07

The market for bio-based yarns is pretty limited, but there is a growing interest in yarns with natural origins. In line with growing consumer demand for eco-sustainable clothing a large number of brands from different price ranges use bio-based yarn in their collections, said a top official from Fulgar SPA, an international leader in manmade […]

TEA urges textile mills not to increase yarn prices

2018/07 05 05:07

The Tiruppur Exporters’ Association (TEA) has urged the textile mills to not to increase the cotton yarn prices and also not to stop cotton yarn supply. The ₹20 per kg increase in cotton yarn price in June 2018 has pushed the knitwear garment export sector into a difficult situation, making it difficult to sustain in […]

Over 165 exhibitors attend Heimtextil & Ambiente India

2018/07 05 05:07

Minister of state for textile Ajay Tamta at Heimtextil & Ambiente India; Courtesy: Messe Frankfurt More than 165 exhibitors from India, China, Nepal, Switzerland and Thailand had participated in India’s leading exhibitions for home fashion Heimtextil and Ambiente India. As the exhibition unfolded, there were a series of the highlights that caught the eye of […]

Surat’s ecopreneur celebrates World Environment Day

2018/07 05 05:07

Courtesy: Zenitex Surat-based textile entrepreneur and environmentalist Viral Desai celebrated the World Environment Day last month by planting 5,000 trees and plants at Sarthana Nature Park. The trees were planted under Project 12 of the ‘Clean India – Green India’ campaign, a tree plantation campaign by Hearts@work Foundation—an initiative of textile processor Zenitex. Project 12, […]

Mayer & Cie among Top 100 SMEs in Germany

2018/07 05 05:07

Courtesy: Mayer & Cie Mayer & Cie (MCT), a leading manufacturer of circular knitting machines, is among the Top 100 innovative SMEs in Germany, for the second time. Benjamin Mayer, Marcus Mayer, and Sebastian Mayer collected the award. The company received the prize for its innovative management and success, which is currently their spinitsystems knitting […]

Karl Mayer to show latest innovations at Febratex

2018/07 05 05:07

Courtesy: Karl Mayer Karl Mayer, Germany’s leading textile machinery manufacturer, is set to show its latest innovations for the entire global production chain at Febratex trade fair. The company will be seen on stand 67/68/81/82, sector 1, street 6, at the leading textile industry event, which will be held from August 21 to 24, 2018, […]