Italy’s presence at the world’s most important trade fair dedicated to textile machinery, ITMA, which opens its gates on June 20 in Barcelona for its 18thedition, will be, as in previous editions, absolutely imposing, numbering some 360 exhibitors.Italy exports 12 percent of global textile machinery worth about 2.5 billion Euro, said Alessandro Zucchi, President,.Italian machinery export to Bangladesh, however, declined in 2018 by 15% compared to the previous year.ITMA opens its gates for seven

Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) recently demanded reduction of corporate tax to 10-12 per cent from the proposed 35 per cent to ensure the sector’s growth as the Nationalhad instructed to ensure same facilities for both direct and deemed exporters.The budget proposed 35 per cent corporate tax on accessories exports and 12 per cent for readymade garment (RMG) exporters.BGAPMEA president Mohammad Abdul Kader Khan demanded cash incenti

Denim producer Candiani has won the ITMA Sustainable Innovation Award for Candiani Re-Gen, a ‘circular denim’ fabric from regenerated and recycled raw materials. 50 per cent of the fabric comprises TencelxRefibra Lyocell made of pulp fromscraps and wood pulp using Lenzing’s closed-loop process, remaining is post-industrial recycled Candiani fibres.Pic: CandianiCandiani’s fabrics are also dyed using green technologies, resulting in substantial reduction in the use of water and chemicals in the fa

Expectation of a large 2018-19crop kept purchasers retracted from the spot market leading to a dip in prices during the first fortnight of June 2019. After dropping 2.58 per cent in May, between May 31 and June 14, the CEPEA/ESALQ cotton Index, with payment in 8 days, decreased 2.1 per cent, closing at 2.8124 BRL per pound on June 14.During the fortnight, trading companies were more flexible regarding prices due to the decreases for both future contracts at the New York Stock Exchange (ICE Futur

Theof India has imposed anti-dumping duty in the range of $125.21 per tonne and $138.97 per tonne on theof jute sacking cloths from Bangladesh. The duty will be applicable for five years effective from June 18, 2019. The decision has been taken in response to a long-standing demand of the Indian Jute Mills Association (IJMA).Pic: ShutterstockJute sacking cloth constitutes a major portion of total jute goods. At present, India levies duty ranging between $6.3 per tonne and $351.7 per tonne on imp

Millennials will represent 40 per cent of the global personal luxury goodsby 2025, according to ‘The Millennial State of Mind’jointly released by Bain & Company, Inc and Farfetch. To succeed in the next decade, brands will need to refocus on the customers to better anticipate and cater to their needs, more so on the younger generation.The report says that the characteristics of millennial behaviour are already seeping through to older generations— which accounted for 73 per cent of luxury pu

China was the only country of the top five suppliers of footwear imports to the US – making up 89% of all shipments – to post a decline in value January. Its position as the top in the U.S. market kept falling in April. As a result, the next five top countries gained ground.Figure 1: When Donald Trump raised tariffs in May, he told companies that they could reduce costs by shifting production back to the US.In the background, President Donald Trump’s trade war is playing a vital role. Footwear i

Carhartt, America’s leading workwear brand since 1889, has received a patent for itsFull Swingtechnology that incorporates a concealed stretch back layer that improves mobility by providing a greater range of motion, while maintaining the integrity and function of the garment. The patented technology can be found in several of the brands outerwear pieces.Outerwear garments traditionally have outer shells designed with one-piece construction. This can bind, restrict or reduce the range of arm, to

At ITMA 2019, Barcelona the global denim leaders, brands, retailers and alike will gather at the Planet Textiles Summit on sustainability on June 22 to discuss and find the key solutions.Figure: According to Planet Textiles panelists, if the industry really is to clean up its act before 2025 and certainly within the next decade.The key point of discussions will be how should the denim manufacturing industry make jeans by 2025? And what breakthroughs in technology and thinking are needed to make

Cerapur coatings offer a wide range of colour and design options. © Textildruckerei MayerTextildruckerei Mayer showcased its latest smart coating solutions at this year’s Techtextil trade show that concluded in Frankfurt last month. The company presented itsHTL eConnect, a printed infrared heating surface,Cerapurceramic coating andDuofirmdeformable rigid textiles.Michael Steidle, Managing Director of Heinrich Mayer, was impressed with the high quality of visitors. “Very few wanted just to ‘have