South Korea to host sewing machine exhibition in Nov 2018

2017/12 11 05:12

South Korea will host the country’s only sewing machine exhibition, GT Korea, from November 14, 2018 at Gyeonggi for three days. Nearly 120 companies are expected to set up 400 booths to attract buyers from countries like Taiwan, Indonesia, Vietnam. Product innovation for smart fibre and technical textile market will be the focus of the […]

388 companies participated in Preview in Seoul

2017/12 03 16:12

Courtesy: Preview in Seoul A total of 388 domestic and international companies participated in the Korean textile fair Preview in Seoul (PIS) – a global textile and fashion fair that has helped expand the export of domestic textiles and fashion while stimulating domestic trade. The fair, held during August 28-30 in Seoul, was initiated in […]

S Korean fashion firms trim unprofitable brands amid slump

2017/11 28 08:11

Fashion firms in South Korea, including Handsome Corp., Shinsegae International and the Eland Group, are now focussed on trimming unprofitable brands amid a prolonged domestic economic slump. This year marks the fourth consecutive year of single-digit growth in the fashion industry, implying an effective slowdown for many industry watchers. The South Korean fashion market’s size […]

Polygiene partners with Andar for women’s activewear

2017/10 23 07:10

Courtesy: Polygiene Polygiene Permanent Odour Control Technology, with its Stay Fresh functionality, is all set to debut in women’s activewear in partnership with Andar in the Fall of 2017. Andar is Korea’s leading brand of women’s activewear in athleisure segment in practices such as yoga, pilates and zumba. Demand for odour-control is growing in these […]

S Korean fashion brands expand overseas amid slump at home

2017/10 17 18:10

South Korean fashion firms are keen on tapping into overseas markets due to a prolonged domestic slump. The domestic fashion market’s size is projected to reach 39.3 trillion won in 2017, which would mark the fourth consecutive year of single-digit growth for the industry, causing many industry watchers to perceive it as a sector slowdown. […]

KAIST scientists develop wearable displays

2017/08 30 08:08

Courtesy: KAIST Scientists led by Professor Kyung Cheol Choi in the Korea Advanced Institute of Science and Technology have presented wearable displays for various applications like fashion, IT, and healthcare. Integrating organic light-emitting diode into fabrics, the team has developed the most highly flexible and reliable technology for wearable displays in the world. Information displays […]

Hyosung 2017 profit expected to exceed 1 trillion won

2017/08 12 12:08

Driven by strong sales of hi-tech textile fibres, it is expected that profit of Hyosung Group will exceed 1 trillion won in the financial year 2017. South Korea-based company's sales and operating profit for the first half of the financial year 2017 amounted to 5.9796 trillion won ($5.229 billion) and 452 billion won ($395 million), […]

Hyosung to show MIPAN Robic yarn at Textiles India 2017

2017/06 25 07:06

Courtesy: Hyosung Hyosung, the leader in innovative nylon and polyester fibres, is set to launch the new MIPAN Robic Fine, high tenacity yarns for light weight, durable garments in activewear and workwear, at Textiles India 2017, that displays the entire range of textile value chain, from fabric to fashion, to be held from June 30 […]

EC to not impose anti-dumping duty on South Korean PTA

2017/06 15 11:06

The European Commission (EC) has come to the conclusion of not imposing anti-dumping duties on South Korean purified terephthalic acid (PTA) products after a probe into the dumping allegations. The investigation into the Korean PTA products began in August 2016 after European competitors alleged that they are selling them at comparatively lower prices. The investigation […]

Hyosung launches new Mipan Robic fine yarns at Techtextil

2017/05 10 10:05

Courtesy: Hyosung Corporation Hyosung Corporation, South Korea based leader in innovative nylon fibres, has launched new fine denier, high tenacity Mipan Robic Fine yarn to meet customers' need for durable fabrics and garments at Techtextil 2017, a leading international trade fair for technical textiles and nonwovens. The fair is currently underway in Frankfurt, Germany.The new […]

Hyosung Corp likely to increase investment in Vietnam

2017/05 08 10:05

Hyosung Corporation, a South Korea based textile and chemicals company, is likely to increase its investment in Vietnam, encouraged by good earnings by its Vietnamese subsidiary and a slew of measures taken by the government to attract foreign investment in the Southeast Asian nation. The company may increase its spandex and tire cord production capacity. […]

SK Incheon makes 130 mn won operating profit in Q1 2017

2017/05 03 14:05

SK Incheon Petrochem, Korea's leading energy and chemical company, is estimated to have made an operating profit of close to 130 billion won ($114.84 million) in the first quarter of this year. The rapidly growing company earned operating profits of 374.5 billion won last year, and it expects its profits for this year to touch […]