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The Sustainable Trade Initiative Vietnam (IDH) and the Vietnamand Apparel Association (VITAS) recently launched the ‘Life and Building Safety Initiative’ (LABS) in Hanoi to boost safer working conditions for apparel-footwear factory workers. The initiative will assist factories to meet domestic and international requirements on fire, electrical and structural safety.Pic: ShutterstockIDH, in coordination with a number of large brands and retailers, such as Bestseller, Gap, Li & Fung, PVH, Tar
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The Trident Group plans to invest ₹1,000 crore in Jammu and Kashmir to help develop the union territory, according to its chairman Rajinder Gupta. With a blueprint in place, Gupta said he has identified sectors and small scale industries that would attract investment. Empowerment of women is the priority and 10,000 families are expected to benefit.Pic: Trident GroupThe announcement came in an interview to a television channel just two days after the Indianrevoked the special status of the state
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Pakistan’s decision to suspend bilateralwith India may hit its textiles sector, which relies on raw material import worth over $450 million from the latter. Pakistan ranks 48th in the list of India's trade partners, while India ranks 6th among Pakistan’s importing partners. In 2018-19, Indo-Pak trade was 0.1 per cent of India's total trade.Pic: ShutterstockOf the total exports of $330.08 billion in 2018-19, India's trade with Pakistan accounted for just 0.6 per cent.In 2018-19, Pakis
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Solgaard unveils Shore-Tex collection. © SolgaardSolgaard, a design driven, sustainable luxury brand, unveils a new collection of unisex bags and backpacks crafted in the brand's exclusive proprietaryShore-Texfabric made from upcycled ocean-bound plastic.Ensuring Solgaard's 360-degree approach to responsible sourcing and ethical business practices, the introduction of Shore-Tex will also see the company introduce a new zero-waste shipping solution; whereby all new Solgaard products will
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The antimicrobial textiles market is expected to reach US$ 12.3 billion by 2024, at a CAGR of 5.4% between 2019 and 2024, according to the latest report by MarketsandMarkets. Rise in awareness regarding health and hygienic products and prevention against Hospital Acquired Infections (HAIs) will drive the antimicrobial textiles market.The new market research report is titledand categorises the global antimicrobial textiles market based on active agents, application, fabric, finishing techniques,
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The IndonesianAssociation (API) is committed to support and contribute to the government's program in balancing position of thebalance between Indonesia and the United States. One of the efforts undertaken is to increase the volume of textile and garment exports, in addition to the cotton imports from the US, API chairman Ade Sudrajat said.Pic: ShutterstockThe potential for textile exports to the US is still very large because the volume of American textile imports from Indonesia is still in
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IconixGroup, Inc, has reported total revenue of $34.4 million for Q2 2019 ending June 30, 2019, a 31 per cent decline, compared to $50.2 million in the second quarter of 2018. For the six months ending June 30, 2019, total revenue of the company was $70.3 million, a 29 per cent decline, compared to $98.8 million in the six months ending June 30, 2018.Pic: IconixThe decline in revenue was principally as a result of the transition of Iconix's Danskin and Mossimo direct tolicenses in women'
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The Punjab staterecently proposed several development projects in the agriculture sector to be included in the China Pakistan Economic Corridor (CPEC) Socio Economic Development Framework. Under the framework, a jointresearch laboratory would be established in Multan at a cost of Rs 186 million to boost cotton productivity.Pic: ShutterstockThe centre will also help in development of climate-resilient cotton varieties, according to Pakistani media reports.Under the Socio-Economic Development Fram
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The Dixie Group, a marketer and manufacturer of carpet and rugs, reported net sales of $100.394 million in Q2 2019 ending June 29, 2019, down 5.7 per cent from $106.438 million in Q2 of 2018. For the second quarter of 2019, the company reported a loss of $1.216 million or $0.07 per diluted share, compared to $1.815 million or $0.12 per diluted share in 2018.Pic: Dixie GroupThe gross profit for the second quarter of 2019 was 23.4 per cent of net sales as compared to a gross profit of 23 per cent
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Today’s manufacturers know how essential it is to keep up with customer demands. In the textile and fashion industries, being successful often means integrating high-tech components directly into fabrics. As such, smart clothes are beginning to come onto the market. People wear them like regular clothes, but these garments aren’t the same as wearable technology.Courtesy: cutecircuit.comWearable technology vs. smart clothesMost wearable technologies are accessories like smartwatches, smart glasse