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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.Pic: ShutterstockEnergy accounts for nearly half the production cost in the textile value chain. While spinning mills across India are struggling
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Metsa Tissue, part of Metsa Group, has agreed to divest its napkin business to Keeeper, which is part of Mutares Group. The transaction includes real estate, machinery and equipment, warehouses at the Stotzheim mill in Germany as well as Fasana and Mondial brands. As a result of the transaction, the mill’s personnel will be transferred to the new owner.“The napkin business has not reached profitability targets lately and napkins are not part of our core offering anymore. Thus, we have explored a
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Bangladesh needs to take advantage of the current lower prices of the global cotton trade, as the old stock of yarn in the spinning mills comes to an end for increase in demand from the garment manufacturers.Currently, the widely consumed 30-carded yarn has been sold between $2.72 per kilogram (kg) and $2.75 per kg compared to $2.60 per kg and $2.65 per kg, two months ago.Figure 1: The low price of global cotton is a great advantage for BD spinners to fight against dumped yarn from other countri
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Indian customers are more inclined to be loyal to footwear and apparel brands, followed by food and groceries, said a recent KPMG report. They are least loyal while choosing sportswear and liquor purchases. They are more likely to return to a brand and stick to it if they find the product quality consistent and it the brand offers higher value for money.Close to 81 per cent Indian respondents stated that product quality was a factor in brand loyalty compared to 75 per cent globally. In the case
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RecentlyExperience opens a temporary exhibition with the outfits of the finalists of the.Redress is the world’s largest sustainable fashion design competition from Hong Kong. The unique pieces of the finalists are made by means of upcycling, have ‘zero waste’ or have been assembled with various reconstruction techniques. They are designed by international game-changers, with the aim to transform the fashion industry.Figure:Redress is the world’s largest sustainable fashion design competition fro
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IntroductionIncreasing global population and elevated living standards have resulted in more demand and consumption of textiles to fulfill one of the basic human needs. Also, the fast fashion trends have led to overconsumption. Because of these, the chemical-intensive textile and clothing industry which is already among the most polluting industries, has been gaining critical concerns regarding the disposal of textile wastes around the globe. Dumping the solid wastes is extremely risky and its t
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Imprintable apparel distributor, S&S Activewear, has acquired Technosport Canada, which delivers sports apparel, headwear, and bags. S&S Activewear has grown from a single location in Bolingbrook, to a nationwide operation with over 1,800 employees, and more than 3.5 million square feet of warehouse space in six distribution centres across the US.Pic: S&S ActivewearThere is a great affinity between Technosport and S&S Activewear. Both are national apparel distributors that have b
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The American Apparel & Footwear Association (AAFA) recently submitted comments opposing US Customs and Border Protection’s (CBP) proposed reclassification of women’s shirts. In a letter, AAFA president and chief executive officer Rick Helfenbein said CBP’s proposed modification overturn decades of precedent and industry best practice, and create tremendous confusion.“While we specifically object to what CBP is trying to do with this specific ruling change, the far-reaching nature of this pro
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Phelps Uniform Specialists have affirmed their commitment to environmental stewardship by achieving TRSA’s Clean Green certification. Phelps Uniform Specialists is an operated laundry, serving uniform and facility services customers in Iowa and Illinois. The certificate reflects the company’s dedication to operational efficiency and sustainability.Linen, uniform, and facility services companies receive this distinction by adhering to TRSA-designated water- and energy-use thresholds and deploying
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A group of 86 fashion firms at the recent UN Climate Change Conference COP25 in Madrid issued a call to political leaders of countries with major fashion production and consumer markets to partner with them to deliver effective and ambitious climate action. This was part of an event celebrating one year of the Fashion Industry Charter for Climate Action.Pic: UNFCCThe communique calls for a partnership with political leaders to create enabling policy environments that will bring the industry in l