The Indian government is exploring new financial lending institutions to support small-scale units in terms of financial support.The government is also working towards strengthening the non-banking financial corporations (NBFCs) which will help small businesses to avail easy credit in the coming time,has said.Pic: ShutterstockSpeaking at a meeting via video conferencing with the members of Calcutta Chamber of Commerce onand the measures taken to address the challenges at hand, Gadkari said, &quo

© Stoll.Stoll Italia’s flat knitted developments for home textiles and accessories, which have exhibited at recent shows, clearly show the versatility of flat knitting.“Stoll Italia has always been a trendsetter and is a pioneer in the field of innovative and unusual knitting patterns on the Italian and the world market. The company's impressive patterns and ideas are regularly presented at the most famous exhibitions in the world such as Pitti Filati and ITMA,” comments German parent compan

Magic, the fashion tradeshow that takes place in Las Vegas annually around August, has announced postponement of the show at least till September this year.Image Courtesy: fashionmingle.netInforma Markets, the parent entity of Magic, has revealed the new dates will be from 29 September to 1 October instead of the originally decided upon 17 to 19 August.The Las Vegas Convention Center will continue to serve as venue.Informa Markets is also preparing the venue to meet the requisites of social dist

In March imports of Japanese textiles and clothes dropped by 2 percent year-on-year, to 216.500 tonnes, according to the latest data provided by CCF Group Trackers. Of these, Chinese imports decreased 4% to 105,300 tonnes. Japanese textiles and clothing imports in the first quarter totalled 605.000 tons down 7.5% year on year; China’s amount stood at 286.000 tonnes.In the first quarter of 2020, the demand for imports of Japanese textiles and apparel decreased sharply and China’s volume declined

AMSTERDAM – Progress towards the ‘Circular Economy’ in the textile sector has primarily focused on the recycling and re-use of fibres and fabrics. But very little work has been done on the chemicals used to manufacture, recycle and remanufacture these products – until now.A landmark report onChemical Circularity, commissioned by the Laudes Foundation and written by Phil Patterson of Colour Connections Consultancy, sets out a roadmap for changing the whole relationship between the textiles and fa

A massive half-price clothing sale has been launched by Marks & Spencer as the high-street shut down is leaving stores with unsold mountains in spring and summer. The distributor called the promotional flash a rainbow sale and hands over 10% of the income to NHS organizations. Sales give shoppers a minimum of 50 percent discount in the store. Summer clothing from €40 to € 15 is included in the wear and half-price jump suits at £ 29.M&S is donating 10 per cent of the purchase price, exclu

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) recently demanded that the government continue with the existing reduced rate of 0.25 per cent source tax and 10-12 per cent corporate tax for the next five years so that the sector turns competitive.Pic: ShutterstockBoth the associations presented their budget proposals to the National Board of Revenue highlighting steps needed for the sector to figh

Browzwear and Adobe have joined hands to integrate its Substance 3D texturing and materials authoring technology. As a native part of Browzwear’s VStitcher and Lotta 3D design solutions, designers can access the Substance’s powerful capabilities, enabling them to quickly create and visualise hyper-realistic print executions, and other visual effects.Pic: BrowzwearThe collaboration with Adobe is part of Browzwear’s ongoing commitment to facilitating apparel businesses’ ability to benefit from bes

Kampos, an Italian startup company, has unveiled a socially-responsible, environmentally friendly line of products and accessories to celebrate the history and beauty of the Mediterranean Sea. All newly introduced products are sustainable, made of recycled plastic bottles, abandoned “ghost” fishing nets, or other recycled nylon and/or organic fabrics.Founded by entrepreneur Alessandro Vergano, Kampos’ corporate vision is to “offer luxury products with a conscience, now and for generations to com

Ross Stores, a US-based chain of discount department stores, has reported its sales of $1.84 billion in first quarter fiscal 2020 ended on May 2, 2020 compared to sales of $3.79 billion in same period prior year. Company reported a net loss of $305.8 million during the quarter compared to net income of $421.14 million in same period prior year.Pic: Ross Stores“Our first quarter results reflect the unprecedented impact the Covid-19 pandemic has had on our business, which led to the closure of all