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Since 2014, Boston-based performance brand Tracksmith has celebrated the grind of winter training with No Days Off – a call to action to recommit to running in the depths of winter. For the 2019 No Days Off campaign, Tracksmith has turned to Merino wool to help give their customers the natural edge.
This year, Tracksmith has partnered with The Woolmark Company to create a capsule collection featuring products made from Australian Merino wool, the original performance fibre. Together, they put
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The Heimtextil home textiles show is now simply huge – exhibitors topped 3,000 for the first time at this year’s show in Frankfurt from January 8-11th.
This has called for the show organiser Messe Frankfurt to extend it to include Hall 12 at its fair grounds for the first time – a space which at 3,300 square metres is the equivalent alone of five football fields.
It is also more international than ever, with the 3,025 exhibitors this year coming from no less than 65 countries, all looking to d
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LAS VEGAS, NV & HONG KONG – January 14, 2019 – 12 ReTech Corporation announced today that it has signed a definitive Exchange of Equity Agreement to acquire Salt Lake City, Utah based Red Wire Group, LLC (“Red Wire”) in a stock for stock transaction. Closing is scheduled to occur before the end of this month.
Red Wire Group, LLC (“Red Wire”) is a profitable and efficient contract “Cut and Sew” manufacturer generating significant revenue and is located less than 100 yards from the Compan
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ROSH HA’AYIN, Israel – January 14, 2019 – Kornit Digital, a global supplier of digital textile printing innovation, has announced the introduction of the Kornit Atlas. Following the success of Kornit’s Storm HD6 and Avalanche HD6 / HDK, the Atlas is the first instance of the company’s next-generation direct-to-garment printing platform, providing garment decorators and screen printers a unique tool for mastering the current and future challenges of the textile supply chain.
The Kornit Atlas
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Courtesy: PxherePrices across the board advanced significantly as Australian wool auction sales resumed this week, following a three week break in sales for Christmas. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) gained 48ac clean/kg for the week to close at 1910ac, a figure which is 2.58 per cent higher than the pre-Christmas close.
“A wildly erratic but cheapening Australian Dollar (AUD) against all major trading currencies through the course of the recess had buyers e
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Courtesy: Hybrid ApparelThe board of Hybrid Apparel, a full-service design, development, sourcing, production and apparel distribution company, has appointed Bill Hutchison as chief executive officer effective January 14, 2019, after conducting a thorough search process. As CEO, Hutchison will be responsible for all of Hybrid’s business and will report to the board.
Hutchison comes to Hybrid from AM Retail Group, where he served as president since 2011 leading the organisation’s retail divi
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Courtesy: TeijinTeijin Frontier, the Teijin Group’s fibres and products converting firm from Japan, is participating in Domotex 2019, a leading trade fair specialising in floor coverings, in stand F70, hall 011. The show is being held at Hanover Fairground in Hannover, Germany from January 11-14, 2019. This will mark Teijin Frontier’s third appearance at the event.
Teijin Frontier’s stand is showcasing a variety of innovative floor coverings decorated with Japanese designs. The products comb
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The decision of the GST Council to raise exemption threshold and increase in Composition Scheme limit will help small and medium enterprises (SMEs) significantly, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. For hilly states and those in North East, the exemption threshold has been doubled to ₹20 lakh from the earlier ₹10 lakh.
At its 32nd meeting, the GST Council has “taken encouraging decisions” by relaxing the tax exemption limit to ₹40 l
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India’s Telangana state has allotted ₹500 crore for modernisation of power looms in the textile town of Sircilla to boost the textile industry and weavers in the region, state handlooms and textiles joint director Purnachandra Rao said inaugurating a four-day buyer-seller meet in Hyderabad organised by the state textile ministry recently.
Hyderabad Cut Piece Cloth Merchants Association president Subhash Agarwal stressed the need for modernisation of state's textile industry in a big
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The Gujarat state government has announced a support scheme spanning the entire textile value chain, with incentives like subsidy in interests and power tariff and assistance in technology upgradation, environmental compliance cost and for textile parks. The scheme will be implemented starting September 4 last year and continue till December 31, 2023.
Named ‘Scheme for Assistance to Strengthen Specific Sectors in the Textile Value Chain’, it covers under weaving, knitting, dyeing, printing