The Nam Dinh Textile & Garment JSC has undergone ‘major surgery’. The number of workers has been cut from 18,000 to 4,000. However, the remaining workers’ output equals that of 18,000 workers in the past. The textile & garment industry has been improving satisfy the requirements of global value chains. The productivity has improved thanks to renovation of machines and equipment and the removal of factories with outdated technologies. The textile & garment industry has b

Shipments to Japan declined 3.7 percent to $945.47 million in the first 11 months of 2016-17 because of a fall in prices of goods and security concerns following the Holey Artisan attack in Dhaka last year, according to exporters. Though the earnings fell 16.09 percent short of the Export Promotion Bureau's periodic target of $1.12 billion, exporters hope to cross the $1 billion mark by the end of the fiscal year, an achievement already made in the EU, the US and Canadian markets. Japan is

Advanced Functional Fabrics of America (AFFOA) has opened new headquarters close to MIT campus, an initiative which represents significant MIT investment in advanced manufacturing innovation. The facility includes a Fabric Discovery Centre that provides end-to-end prototyping from fibre design to system integration of new textile-based products. The centre will be used for education and workforce development in the Cambridge and greater Boston community. AFFOA headquarters also includes

The International Finance Corporation (IFC), a member of the World Bank Group, has helped Vietnamese garment-textile outsourcers save over 20 percent of water and energy consumption. The information was released at a workshop reviewing the programme on enhancing resource-efficient consumption held by IFC in Ho Chi Minh City on June 21. The sustainable production project has been carried out in 28 enterprises and factories nationwide doing outsourcing for VF Group and Target Group over the

Pakistan’s textile and clothing exports fell 1.98 per cent year-on-year to $11.234 billion during the first 11 months of the current fiscal year mainly due to lower proceeds from raw material and low value-added products, such as cotton yarn and fabrics. Data released by the Pakistan Bureau of Statistics on Tuesday showed the decline in export proceeds was also evident in rupee terms during the July-May period of 2016-17. On a month-on-month basis, the export proceeds fell 12.24pc in May

The Adobe Walls gin in Texas is hoping to become the largest ginnery in the United States. The Texas gin is in the process of expanding its ginning capacity to meet the increasing demand of cotton. The production of cotton in the United States is likely to increase 21 per cent from last year, according to the United States Department of Agriculture. Apart from the current expansion process, another phase of construction will increase its ginning capacity, said Jerrell Key, general manager for

Twenty-three Chinese textiles companies, many of which provide fabric for big brands and retailers, have saved over 57 million yuan ($8 million) in costs annually by implementing efficiency improvements, including advanced technologies, a report from an international NGO on Tuesday showed. These improvements have dramatically reduced the pollution generated by these companies, reducing the consumption of 3.9 million metric tons of water and 30,000 tons of coal annually, based on the report fr

In an attempt to boost cotton production in Nigeria, Raw Materials Research and Development Council (RMRDC) has provided cotton farmers with improved seeds. This is an initiative by the Nigerian government to revive the falling production of cotton with the help of activities of the Presidential Committee on Cotton, Textile and Garment (CTG). "In continuation of the boosting programme, RMRDC presented 5.82 tonnes of cotton seeds to farmers in 2015 and 4.3 tonnes of improved cotton seeds (SAMC

Nike has introduced the Consumer Direct Offense, a new company alignment that allows Nike to better serve the consumer personally, at scale. Leveraging the power of digital, Nike will drive growth - by accelerating innovation and product creation, moving even closer to the consumer through key cities, and deepening one-to-one connections. “The future of sport will be decided by the company that obsesses the needs of the evolving consumer. Through the Consumer Direct Offense, we’re getting ev

The textile industry is hoping that the GST Council, which is expected to meet today, would consider reducing GST rate on manmade fibres, filaments and yarns to 12 per cent. It feels that the independent weaving unit may have to incur additional cost of over Rs 2 lakh per annum. At the 16th GST Council meeting on June 11, 2017, it was announced that 18 per cent would be the GST rate for manmade fibres, filaments and yarn. The council has also decided not to allow refund of accumulation of inp