MMI Textiles, a diversified supplier of fabrics, trims, hardware and other notions has acquired the assets of Competition Textiles. Mike Wire, the former owner of Competition Textiles, has been in the textiles industry for 40 years, and started Competition Textiles in 1996 after 17 years with Top Value Fabrics.Competition Textiles is a synergistic acquisition for MMI as it is also a woven fabrics converter, as well as an importer of fabrics, which will enhance the existing stock line for MMI Tex

The first unified edition of Gartex Texprocess India is set to bring leading textile and garment machinery companies under one roof. With focused segments incorporated within the show, the three-day trade fair will draw attention to growing trends and application areas within the industry including the country’s first denim wrapped car highlighting denim fabric manufacturing as a sunrise industry in the textile value chain of India.Gartex has been a pioneer show bringing the entire product profi

Vietnam imported 143.5kt of cotton in June, 2019, down 1.9% year on year and 1.1% month on month. In the first half year of 2019, cotton imports totaled 809.1kt, a decline of 2% year on year. Based on current growth rate, the imports may total 1.52 million tons in 2019, down 31kt from 2018.Cotton imports decreaseVietnam’s textile industry maintains the fast development with high growth rate, but the growth rate is slower compared to the corresponding period of last year, but higher than that in

The textile industry, especially cotton spinners, are cutting production, to tide over the current glut in the market, due to falling cotton yarn exports and dull domestic demand. In the first quarter (April-June) of the current financial year, cotton yarn exports have dropped 34.6% to US$ 696 million, compared to the same quarter of the previous financial year. Alongside, Indian weavers have accumulated sufficient stocks of cotton yarns. On the other side of the spectrum, Indian cotton prices a

The Zero Waste Campaign, initiated by Turkish first lady Emine Erdogan in 2017 and embraced nationwide in the next two years, will now cover recycling food waste andproducts. The ministry of environment and urbanisation, which oversees the massive recycling campaign, will also focus on the recycling of food and unused, old or faulty textile products.Pic: ShutterstockFirst implemented in the Bestepe Presidential Complex and ministries, the project later spread to municipalities across theand star

Long before upcycling had entered common parlance, Brazilian stylist Magna Coeli set up afirm, Refazenda, in Recife in 1990 and found a way to turn trash into treasure by collecting discarded fabric and using it to make clothes, jewellery and accessories. Refazenda’s workers use patchworks made from fabric scraps as raw materials to design new items.Although the firm started making household fabrics, it now makes clothes and also produces natural fabrics using organic, silk and linen, according

Reliance Industries Ltd, through its wholly-owned subsidiary Reliance Industrial Investments and Holdings Limited (RIIHL), has entered into anfor acquisition of equity shares of ShopsenseTechnologies Pvt Ltd (also known as Fynd) for a cash consideration not exceeding ₹295.25 crore. Fyndis an online shopping platform of fashion.Pic: Fynd"RIIHL has an option to further invest an amount of up to ₹100 crore which is likely to be completed by December 2021. The total investment will translate in

Hanesbrands, a socially responsible global marketer of everyday basic apparel under world-class brands, has voluntarily disclosed its carbon emissions and related information for CDP 2019 Climate Changefor 10th year. The disclosure demonstrates progress toward the company’s 2020 goals for use of renewable energy, total energy use and carbon emissions.Pic: HanesbrandsHanes, which has participated in the initiative since 2010, earned an A-score and a leadership position in the CDP 2018 Climate Cha

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently asked its associate member buying houses to get registered with the department of textiles (DoT) as per theAct 2018. It cited a textiles and jute ministry gazette notification dated May 28 that warrants such registration within 60 days of the issuance of the notification.Pic: ShutterstockIn the notification, the ministry also said that if any buying house sought time extension with valid reasons, the registrar could

Knitted fabrics sales will increase from approximately 49 thousand tons to reach nearly 52 thousand tons during the period 2018-2019, according to a recent study.Figure: Knitted fabrics are witnessing increasing demand as high-quality knitwear apparels are becoming a status symbol among the young fashion enthusiasts across the world.The incremental growth of theknitted fabrics marketis influenced by a variety of factors, such as positive growth prospects of the textile industry and the increasin