The primary domestic markets of US high-end activewear brand Spitfire Petite are California, Florida and Arizona and it is also expanding its reach across the North East (NE), southern Atlantic coast and the Mid-West, according to Founder Amy Lipton, who said the company is growing its presence online and in pro-shops and boutiques across the country.“We recently received a capital injection from Patti Meier Grundhofer, founder of MeierGroup LLC, who also joined the company as executive vice pre

The Global Footwear Manufacturing Summit will be held at Grand Hotel Saigon, Ho Chi Minh City, Vietnam, from 26 – 28 February 2020.Courtesy: Copex GlobalSince 2010, the major footwear companies that have been steadily moving production out of China and into Vietnam, Cambodia, Indonesia, Thailand, Bangladesh, among other countries, as the rising wages and its focus on more valuable items in China.The conference will extensively highlight the best destination for our footwear manufacturing.This co

Cotton, the most important fiber crop of India plays a dominant role in its agrarian and industrial economy. It is the backbone of our textile industry, accounting for 70% of total fiber consumption in the textile sector, and 38% of the country’s export, fetching over Rs. 42,000 crores. The area under cotton cultivation in India (8.9 million ha) is the highest in the world, i.e., 25% of the world area and employs seven million people for their living.Figure 1: Organic cotton still only occupies

Indorama Ventures (IVL), a leading chemical producer, has announced its commitment as part of the New Plastics Economy to help create a world where plastic never becomes waste. The company is now accelerating its efforts in support of a very ambitious goal to increase recycled content volumes by at least 750,000 tonnes, while also recently pledging US$ 1.5 billion towards achieving this target by 2025.The company is among 400 organisations that committed to eliminate problematic plastic packagin

India will soon make amendments to the definition of a micro, small and medium enterprise (MSME), according to MSME minister Nitin Gadkari, who recently said five crore jobs are expected to be generated in the sector in five years. Finance minister Nirmala Sitharaman had in August said amendment of the MSME Act would be considered for a single definition.Pic: ShutterstockGadkari was speaking on the sidelines of the Luxury Symposium 2019.The update may allow a single definition for purposes relat

India’s Department for Promotion of Industry and Internal Trade (DPIIT) is planning to set up a single window system to handhold foreign investors keen to invest in the country , according to DPIIT secretary Guruprasad Mohapatra, who recently said the system is expected to have representatives from both the central and state governments.The system will help in getting all relevant approvals and clearances required by foreign investors. A proposal regarding this was prepared by the department.Moh

There is currently frenzied activity and investment taking place to commercialise self-driving cars, involving both the established automotive manufacturers and the technology giants of Silicon Valley, according to the newest in-depth market reportAutomotive Textiles: Preparing for total transformation (5th edition).The 5thedition of the report is written by Adrian Wilson. © Textile Media Services“It is no exaggeration to say that this could completely reshape the landscape of the global automot

The National Board of Revenue of Bangladesh has reduced source tax on export proceeds, for all sectors including readymade garment, to 0.25 per cent from 1 per cent. The move follows demand by exporters for the tax slash to make the country's exports competitive in the international market. The reduced tax rate will remain effective up to June 30, 2020.Owing to demands from garment makers, the Bangladesh tax authority had reduced advance or source tax on export earnings of garment twice last

The Nordic Day was celebrated in Dhaka by Denmark, Norway, and Sweden on Monday, 21 October. The reception hosted at the Nordic Club, welcomed around 400 guests from the Nordic community, representatives from the Government of Bangladesh, and friends of the community from the private sector, civil society organizations, media and other diplomatic missions, says a recent press release.Figure: (From left) Swedish Ambassador Charlotta Schlyter, Norwegian Ambassador Sidsel Bleken, Danish Ambassador

With the increasing call for sustainability in the global fashion industry, H&M and IKEA announced to collaborate on a large-scale study reviewing chemical content in post-consumer textile recycling.The collaboration is needed as companies with strict standards about chemicals in their products are cautious about using recycled material they cannot control.At the Textile Exchange Sustainability Conference 2019 gathers companies and organizations from more than 25 countries and provides the p