Fashion and lifestyle brand Frank And Oak kicks off 2020 with an increased commitment to sustainability and the announcement of new sustainability goals to be achieved by 2022. The five ambitious goals further the brand’s commitment to reducing their impact on the planet with an emphasis on utilizing recycled materials and harnessing renewable energy sources and carbon offsets to neutralize the brand’s environmental impact.Recently certified as a B Corporation (2019), Frank And Oak has devoted t

Tyton BioSciences, the developer of afor the fashion industry, has completed its $8 million Series A funding round. Tin Shed Ventures, the investment arm of outdoor apparel brand Patagonia, led the round and was joined by Marubeni America, Card Sound Capital, and Alante Capital. The funding will be used to scale the solution.Pic: Shutterstock, based in Danville, Virginia, develops proprietary technology solutions to recycle fashion manufacturing waste and end-of-life textiles back into the econo

Levi Strauss has announced leadership changes in the company. Roy Bagattini, executive vice president and president for Levi Strauss Americas, is leaving to assume a group chief executive officer position. Marc Rosen, executive vice president and president of direct-to-consumer, will become executive vice president and president for Levi Strauss Americas.Pic: Levi Strauss & CoBagattini’s last day is February 16, 2020. During his tenure, Bagattini served in numerous roles and helped set the s

Apparel manufacturers and exporters are not happy with the government's decision to withdraw Merchandise Exports from India Scheme (MEIS) for garments under HSN code chapters 61, 62 and 63 retrospectively from March 7, 2019. The decision is not a good sign for apparel exports and is expected to hit their cashflow and bottom line, industry stakeholders said.Pic: ShutterstockUnder MEIS, garment and made-up firms were receiving 4 per cent of FoB value of exports as incentives.The government'

Pakistani Prime Minister Imran Khan will inaugurate the Quaid-e-Azam Apparel Park near Motorway in Sheikhupura in March, according to Punjab minister for industries and trade Mian Aslam Iqbal, who recently said special incentives would be offered in the special economic zone and plots for setting up industrial units will also be given at subsidised rates.Pic: ShutterstockThe minister told this to a delegation of the Faisalabad Chamber of Commerce and Industry (FCCI), according to Pakistani media

The Indian commerce ministry's investigation armrecently initiated a probe into alleged dumping of viscose rayon spun yarn (VSY) by companies based in China, Indonesia and Vietnam following an application filed by theon behalf of the domestic industry requesting the government to impose anti-dumping duty on these yarn imports.Pic: ShutterstockThe association has alleged that dumped imports from these countries are causing material injury to the domestic industry.The DGTR notification said th

AbstractThe loom is a device that is used totextile fabric products and the basic purpose of any loom is to hold thethreads underto facilitate the interlacing of thethreads. The precise shape of the loom and its mechanics may vary, but the basic function is the same. Modern high-quality looms are not a result of a single moment, long decades need for development. Many man’s effort and societal factors are remaining behind this chronological development of loom. Thus, after a long period, the mod

India’s textile ministry recently announced a special one-time additional ad hoc incentive of up to 1 per cent of free on board (FoB) value for exports of apparel and made-ups. The incentive will offset the difference between the new rebate on state and central taxes and levies (RoSTCL) and the previous rebate on state levies (RoSL) and the Merchandise Exports from India Scheme (MEIS).Pic: ShutterstockThe decision followed a recommendation of the expenditure finance committee.Effective retrospec

The Indian government will ensure that cotton procured by the Cotton Corporation of India (CCI) is not kept unused, leading to problems for micro, small and medium enterprises (MSMEs), according to minister of textiles and women and child development Smriti Irani, who recently said the two-decade-old problem of obligation of Hank yarn production has also been resolved.Pic: ShutterstockShe said this while inaugurating the TEXPROCIL award function recently, according to an official press release.T

Market leader Oerlikon Neumag has its finger firmly on the pulse of their customers with the new Color Pop Compacting unit (CPC-T) for the BCF S8 carpet yarn plant, which is now available for the Polyamide 6 process. The new solution, which was on show from 10-13 January 2020 at the Domotex 2020 in Hannover, attracted great interest from many trade visitors, Oerlikon Neumag reports.“Following the trend for multi-coloured carpets, BCF S8 sets new standards in regard to color separation. The plant