Industry News

Date : 2019-07-15

Source: www.fibre2fashion.com

Bangladesh will face stiff competition in apparel exports to the European Union (EU) as its competitor Vietnam recently signed a free trade agreement (FTA) with the EU, according to Bangladesh Garments Manufacturers and Exporters Association (BGMEA) president Rubana Huq, who said almost 11 per cent of Vietnamese apparel exports to EU will get complete duty waiver.

Date : 2019-07-08

Source: www.fibre2fashion.com

The slew of positive announcements made by Union finance minister Nirmala Sitharaman in Budget 2019-20 will definitely help in inclusive development of the Indian economy and thereby the textile sector, the Confederation of Indian Textile Industry (CITI) has said. The Government is targeting to make India a $5 trillion economy in the next few years.

Date : 2019-07-02

Source: www.fibre2fashion.com

The 26th Hong Kong Fashion Week will focus on how technology is increasing becoming immersed into fashion design and fashion business processes. The four-day fair from July 8 will be an ideal one-stop marketing and sourcing platform for the industry, with exhibits featuring the Latest fashion designs, fashion accessories, fabrics and yarns.

Date : 2019-06-24

Source: www.fibre2fashion.com

Scientists at the Institute for Frontier Materials, Deakin University, have developed an efficient, low-cost method to convert waste denim into viscose-type fibres that are either white or the original colour of the garment. With rising clothing waste, the study is significant since the current processes for textile recycling are inefficient and expensive. 

The research, published in ACS Sustainable Chemistry & Engineering, was funded by the Australian Research Council Research Hub for Future Fibres. 

Date : 2019-06-17

Source: www.fibre2fashion.com

The fabric waste from garment production processes is sorted and converted to high quality raw fibre for yarn manufacturing. This raw material again Contributions to the circular economy for the fashion industry.

Date : 2019-06-10

Source: www.fibre2fashion.com

In the first five months of this year, exports by the Vietnam National Textile and Garment Group (Vinatex) to Canada hit nearly $900 million, or 6 per cent of the latter's apparel imports, according to its general director Le Tien Truong. Vinatex hopes to Earn about $1.5- 1.7 billion in Canada this year, taking more than 12 per cent of market share, he said.

Date : 2019-06-03

Source: www.fibre2fashion.com

The Infrastructure Development Company Limited (IDCOL) in Bangladesh will seek $100 million in loans from the Green Climate Fund (GCF) and hopes to secure a further $66 million through borrower co-financing. This is part of the $166 million in funds that the country Is looking at securing to improve energy efficiency in the textile sector.

Date : 2019-05-27

Source: www.fibre2fashion.com

A textile industry park will be set up in Mandalay city with assistance from the Japan International Cooperation Agency (JICA), U Zaw Myint Maung, chief minister of the Mandalay region, told an EU-sponsored forum on the business climate in northern Myanmar recently. The statement follows proposals by the business community for such a park that can employ 50,000. 

Date : 2019-05-20

Source: www.fibre2fashion.com

A textile skills training centre was unveiled recently in Hawick, a town in the Roxburghshire county in the east Southern Uplands of Scotland. Scottish rural economy secretary Fergus Ewing visited Hawick to open the £610,000 Buccleuch Road centre for excellence in textiles. Supporting rural communities is a key priority for the Scottish Government, he said.

Date : 2019-05-14

Source: innovationintextiles.com

Textiles are to be found in almost every part of everyday life. From tomorrow, the biggest ever editions of the world's leading international trade fairs for the sector, Techtextil and Texprocess, will be spotlighting the functions of textiles, especially technical textiles, and ways in Which textiles are processed at Frankfurt Fair and Exhibition Centre.