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Many Bangladesh textile mills seek exit route amid gas, currency woes

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Faced with persistent gas shortages and erratic exchange rates, numerous textile mill owners in distress are resorting to selling their factories due to escalating...
Global cotton yarn players to connect amid strong demand at Yarn Expo Spring 2024

Global cotton yarn players to connect amid strong demand at Yarn Expo Spring 2024

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The cotton yarn market has a wide-ranging influence, stretching from the ancient origins of cotton fabric to the high-tech fabric production techniques of today....
Par panel calls for revival of sick textile units, comprehensive National Textile Policy

Par panel calls for revival of sick textile units, comprehensive National Textile Policy

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A Parliamentary Committee has recommended framing a comprehensive National Textile Policy to make the Indian textile industry globally competitive and also called for "expeditious...
The World of Wipes International Conference 2024 Opens Registration

The World of Wipes International Conference 2024 Opens Registration

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INDA, the Association of the Nonwoven Fabrics Industry, announced that registration and tabletop exhibit reservations are open for the World of Wipes (WOW) International...
Wazir Advisors, Matrix Clothing

Wazir Advisors facilitates strategic acquisition of Matrix Design & Industries by Gokaldas Exports

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Wazir acted as the exclusive transaction advisor to Matrix Clothing in the strategic acquisition of its subsidiary, Matrix Design & Industries Pvt. Ltd., by...

NCTO reveals US plan to tackle ‘unfair trade’ in apparel & textile industry

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The National Council of Textile Organizations (NCTO) has expressed strong support for the US Administration’s recent initiative to combat “unfair trade practices,” attributing such...
Daniel Ervér replaces Helena Helmersson as H&M CEO

Daniel Ervér replaces Helena Helmersson as H&M CEO

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H&M has declared Daniel Ervér as the company's new CEO, effected from January 31, 2023. Daniel Ervér assumed leadership of the Swedish fashion company immediately,...
EMPEL

EMPEL by green theme technologies delivers unmatched textile performance and sustainability for Japanese market

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Green Theme Technologies (GTT), creators of the PFAS-free and water-free EMPEL textile finishing platform, now delivers advanced performance and a long-term sustainability solution to...
INDA

INDA Announces Advocacy and Fly-in Summit

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INDA, the Association of the Nonwoven Fabrics Industry, will join the ISSA – The Worldwide Cleaning Industry Association to host the 2024 Clean Advocacy...
Source: 8th-24th ITMF Global Textile Industry Survey (24th 15.-24.01.2024)

Results of the 24th ITMF global textile industry survey

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The last ITMF Global Textile Industry Survey (GTIS) was conducted in January 2024. It revealed a significant improvement in the business climate, signaling a...