India's annual rate of inflation, based on monthly wholesale price index (WPI), for October 2019, stood at 0.16 per cent over October 2018. The index for textiles dipped 0.2 per cent while for apparel it declined 0.4 per cent in October, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.Pic: ShutterstockThe official WPI for all commodities (Base: 2011-12 = 100) for the month of October 2019 rose by 0.7 per cent to 122.2 from t

The Jordan Chamber of Industry recently urged the government to include the garments and leather industries among the sectors benefitting from the recently announced package of incentives, according to chamber board member Ehab Qadri, who said the sector had achieved remarkable results over the past few years, especially in generating employment.Pic: ShutterstockThe sector contributes about 29 per cent of the total employment in the industrial sector, while accounting for 26 per cent of the tota

Ferreira de Sa is a leader in the production of tailor-made carpets for the luxury furniture and decor sector. © Ferreira de SaSherpa Capital, private equity fund manager focused on mid-sized companies with EUR 250 million under management, has announced the entry into the shareholding structure of Portuguese company Ferreira de Sá, a European leader in the production of tailor-made carpets for the luxury furniture and décor sector.Founded in 1946 and headquartered in Espinho (Oporto), Ferreira

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2,000 square metres.The participants of the Trevira CS joint stand will cover the entire textiles value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft

Next year marks the centenary of the wordrobotin Karel Capek’s play R.U.R., where the intelligent machine in the workplace is portrayed as a threat to mankind. Their physical hardness and rigidity has become a visual shorthand for their non-human or otherness. As applications for robotics have moved to include the human body as well as the workplace and the environment, there has been a noticeable emphasis on robots that are softer and more flexible with textiles assuming a greater role in how t

Tommy Hilfiger has announced that 3D design technology is being incorporated into all apparel design teams at its headquarters in Amsterdam. Its spring 2022 apparel collections will be the first to be fully designed using the company’s innovative 3D design platform. This commitment builds upon the company’s target to digitise its end-to-end value chain.In order to realise their 3D design goal, Tommy has founded a tech incubator called STITCH, dedicated to digitising the company’s design practice

Hudson's Bay Company (HBC) recently sold Lord + Taylor to fashion rental subscription service Le Tote for $75 million in cash and a secured promissory note for $25 million payable in cash after two years, subject to customary adjustments. HBC now holds an equity stake of 25 per cent in Le Tote and a right to designate two members to its board of directors.Le Tote has acquired the Lord + Taylor brand and related intellectual property, as well as assumed, Lord + Taylor digital channels and the

The global authority on wool, The Woolmark Company, has launched an all new Merino wool Fall/Winter 2019 collection in collaboration with Péro, which is now available to buy at Good Earth stores across India.The collectionuses the world’s best Merino wool from Australia before travelling to Kullu, where the handweavers of Woolmark licensee Bhuttico bring Péro’s designs to life.Showcasing different points along the supply chain has allowed Péro designer Aneeth Arora to narrow the gaps between pla

The UK Competition and Markets Authority (CMA) has found that woollen yarn producer Danspin’s purchase of competitor Lawton Yarns poses serious competition concerns for carpet manufacturers. CMA, which has been investigating the completed merger of both, feels the new firm could increase prices or reduce yarn supply, potentially pushing woollen carpet prices.Pic: ShutterstockBoth companies provide yarn that is used to make woollen carpets nationally and across the world. In the United Kingdom, o

Lion Equity Partners, a private equity firm specialising in acquiring corporate carve-outs, has announced that its affiliate, Lion Equity Holdings II, has acquired Riegel Linen from Mount Vernon Mills. Riegel Linen develops tablecloths, napkins, sheets, towels, bedding, and other linens for restaurants, linen suppliers, retailers, and healthcare centres.Riegel is headquartered in Aiken, SC, and operates a manufacturing facility in McCormick, SC and a network of salespeople and warehouses strateg