Egypt’s Cotton & Textile Industries Holding Company recently signed a contract with PwC under which the latter will provide accounting, legal and tax advice to the firm for the planned merger of its subsidiaries and implementation of restructuring. Its subsidiaries are planned to be merged into nine textile firms and one company for cotton grinning and trade.Warner Consulting recommended merging the company's 22 textile units and 9 units for ginning and trade of cotton, according to an E

India plans to take khadi and village industries turnover to ₹2 trillion in the next five years from ₹75,000 crore at present, minister for micro, small and medium industries (MSME) Nitin Gadakri said recently. He urged the industry to expand its share in global trade to about 10 per cent in the wake of China facing rising costs and difficulties.He was addressing the 92nd annual convention of the Federation of Indian Chambers of Commerce and Industry (FICCI).He said the infrastructure and MSME s

“Air” is the overarching theme of tradeshow and communication platform Neonyt for the year 2020. Neonyt is being held from January 14 to16 during the Berlin Fashion Week. There will be almost 200 fair fashion labels, more than 50 talks, panels and conversations at the hub for fashion, sustainability and innovation which is organised by Messe Frankfurt.Fashion players from Armedangels and H&M to ISKO and Katag to Mey, Nudie Jeans and the United Nations , as well as partners like republica, Te

Online sales in India accounted for 1.6 per cent of total retail sales, with intra-regional trade in South Asia remaining low, according to a recent report by the World Bank, which said while e-commerce has grown substantially in recent years, it is still very small in the region. Online sales is over 15 per cent for China and around 14 per cent globally.Pic: ShutterstockIndian firms, which tend to be more digitised and heavily concentrated in service sectors, tended to highlight regulatory issu

The Kenyan cabinet recently approved the commercial farming of Bt cotton hybrids following the successful completion of field trials over five years. This was done to ensure farmers earn more from the crop through increased production. It will also boost the manufacturing pillar of the government’s Big 4 Agenda, the president’s office said in a statement. Kenya seeks to establish itself as a regional leader in textile and apparel production.Pic: ShutterstockThe cabinet meeting chaired by Preside

USTER®SENTINEL enables practical optimization for managers and shop floor personnelEven in the best ring spinning mills, there is always room for improvements, among a complex range of options management and operatives need to consider for optimized productivity and profit.USTER®SENTINEL provides a fact-based overview of spinning machine performance, pinpointing real opportunities for excellence in the use of technology, components and manpower.“The biggest challenge in my job is to source skill

Pranta BiswasDefinition:Sportswear also known as Active-wear is the clothing which is suitable for wearing while taking exercises during sports time. These clothes are designed in such a way that it gives maximum comfort to the consumers during active period. It consists of separate pieces that may be “mixed and matched,” a merchandising term meaning that articles of clothing are designed to be coordinated in different combinations: trousers or shorts or skirts with shirts (either woven or knit,

Maharashtra state has started disbursing power subsidy of up to ₹3.77 per unit to powerlooms, spinning mills and garment units. Many textile units, mostly small and medium ones that are struggling to raise working capital because of weak balance sheets, had shut down part of their operating capacity due to weak domestic demand and sharp fall in exports.Energy accounts for nearly half the production cost in the textile value chain. While spinning mills across India are struggling to pass on the e

Kontoor Brands has reached zero-waste designation for all of its owned distribution centres in North America, meaning at least 95 per cent of the waste from these facilities will be diverted from landfills through recycling, composting and reuse. It is a leading apparel firm, with a portfolio led by two of the most iconic consumer brands, Wrangler and Lee.The designation illustrates Kontoor’s continued commitment to embed sustainable business practices throughout its global operations and supply

Carvico is set to present its lifestyle collection of fabrics for interior design at Heimtextil 2020 expo, in booth G34, hall 4.2. Carvico is a global leader in the production of warp knitted fabrics. Heimtextil is an international trade fair for home and contract textiles, which will be held from January 7-10, 2020, at Frankfurt am Main, in Germany.Pic: CarvicoElasticity, resistance, breathability, versatility, and countless options for customisation: these are the main features which make Carv