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  • Drupa 2020, leading trade fair for printing technologies, will have a new special show for digital textile printing - Touchpoint textile. The show reflects the rising significance of digital textile printing and its importance as a driver of innovation and growth for the printing industry. A special attraction of the show will be a microfactory.Pic: DrupaDrupa 2020 is to be held from June 16 to 26, in Düsseldorf.Touchpoint textile is backed by two main partners - the German Institutes for Textil
  • Recently, Saudi Arabia has shown interest to invest USD 50 billion in power and textile sector. If the investment goes in textile-based on the by-products of petroleum then it would open local sources for synthetics and help textile value chain to cater to non-cotton products that consist more than two-third of total world demand for fiber.Figure 1:Due to the effect of Coronavirus, the supply chain has been massively distorted and this would impact exports dependent on the Chinese materials.The
  • Myanmar Garment Manufacturers Association (MGMA) informed that Myanmar’s garment factories are facing the risk of shutdown as the coronavirus in China has blocked imports of raw materials.90 percent of raw materials are imported from China and the rest from Indonesia, Vietnam, Thailand and South Korea for the garment industry which largely uses a cut-make-package (CMP) model.“We have problems as 90 percent of raw materials come from China. We are waiting for the day when the Chinese side will re
  • STITCH & TEX EXPO- AFRO EDITION, distinguished as “Africa’s Premiere Sourcing Trade Fair for Textile Technologies”; is tremendously featuring the presence of over 1000 brands from 37 countries namely: Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, India, Italy, Japan, Korea, Malaysia, Malta, Netherlands, Poland, Portugal, Russia, Singapore, Slovenia, South Korea, Spain, Sweden, Switzerland, Taiwan, Tu
  • Maeen Md. Khairul Akter,Managing Editor, Textile FocusIntroduction2020 is going to be a crucial year for the Bangladesh garments and textile industry. As the industry is going through a transformation phase some major organizational changes are on the card in the upcoming days. Starting in the late 1970s, expanding heavily in the 1980s and finally booming in the 1990s, Ready Made Garments industry has created a success story for Bangladesh. Turning up as a gigantic industry within a short span o
  • American Eagle Outfitters has taken several steps towards its goal to be carbon neutral by 2030. It has joined RE100, a global initiative that brings together businesses committed to the use of renewable power, and signed the UN Fashion Industry Charter for Climate Action to drive the fashion industry to net-zero emissions no later than 2050.Pic: American Eagle Outfitters, IncThe company has also developed Science Based Targets (greenhouse gas reduction goals aligned with climate science) and su
  • Investment of Rp. 15 trillion (USD1,1 billion) in facilitySupports development of national textile industry and ‘Making Indonesia 4.0’ roadmapThe President of Indonesia, Joko Widodo, today inaugurated Indonesia’s largest integrated viscose rayon production facility, injecting a boost for the country’s textile sector and the Indonesian Government’s industrial 4.0 development strategy.Photo: The President of Indonesia, Joko Widodo (centre), pictured during a tour of the new Asia Pacific Rayon (APR
  • As the denim giant is seeing strong gains on the international front and in e-commerce, Levi Strauss is set to open stores in 2020. The brand posted a 3 per cent gain in net revenue in the first quarter of the fiscal year. The company expects its net revenue to grow by 6 per cent in fiscal 2020 This estimate incorporates anticipated benefits of a Black Friday week in the first quarter, and a 53rd week, which will fall in the fourth quarter and will include a second Black Friday.During the fiscal
  • India Ratings and Research (Ind-Ra) recently revised the Indian textile sector’s outlook to negative for fiscal 2020-21 from stable, as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted. Ind-Ra however expects key raw material prices to remain low in the next fiscal after a correction in 2019-20.Pic: ShutterstockThat will contribute to a modest recovery in margins, stable working capital requirements and steady cash flows,
  • Bangladesh’s garments accessories and packaging sector may incur a loss of Tk 1,200-1,500 crore if the deadlock in import from China continues for three to four more months, according to the Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association, which is concerned over the impact of the coronavirus outbreak on its members.Pic: ShutterstockAssociation president Mohammad Abdul Kader Khan said about 40 per cent of raw materials for the sector are procured from China.
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