Bangladesh’s exports shipment of knitwear goods posted an 11.19% growth to $16.88 billion in the fiscal year 2019-20, thanks to strong backward linkage industry.According to the Export Promotion Bureau data, readymade garment (RMG) sector earned $34.13 billion, up by 11.49%, which was $30.61 billion in the previous fiscal year.Figure: Bangladesh’s exports shipment of knitwear goods posted an 11.19% growth in FY 2019-20.Of the $34.13 billion, Knitwear products fetched $16.88 billion, which is 11.

Simon Ferrigno argues that regulation is necessary if we are to see effective global action on climate and soil, and the reduction of the overall consumption of raw materials such as cotton.The recent release of both the Better Cotton Initiative (BCI) and the IDH annual reports have again drawn attention to the weight of BCI in sustainable cotton. BCI is making improvements, at a time that action can seem slow against a backdrop of climate and soil crises which are demanding faster and tougher a

Knitted fabrics sales will increase from approximately 49 thousand tons to reach nearly 52 thousand tons during the period 2018-2019, according to a recent study. The incremental growth of theknitted fabrics marketis influenced by a variety of factors, such as positive growth prospects of the textile industry and increasing popularity of knitwear among the millennial population.The study remains bullish on the impressive growth prospects of the knitted fabrics market, as the adoption of next-gen

Singapore-based RGE joins a group of investors including H&M Group, Virala and Fortum to help Infinited Fiber Company Oy (IFC) scale up its technology that turns textile waste and other pulp-based materials into new textile fibres. A strategic co-operation agreement was also signed between RGE and IFC to commercialise the start-up’s technology.Textile start-up receives its largest single investment from global resource-based manufacturer to advance innovative fibre solutions technology. © IF

Since 2018, the renowned Uster quality systems include fabric inspection – and ITMA 2019 has seen the launch of the first major innovation to be developed since the acquisition of automatic vision inspection company Elbit Visions Systems (EVS).The next generation of on-loom monitoring and inspection - Uster Q-Bar. © Uster TechnologiesFabrics makers will already be familiar with the successful, industry-proven solutionsUster EVS Q-Bar,Fabriq VisionandFabriq Shade, which today are used worldwide t

The Indian Government will globally promote handloom products from Odisha, textiles secretary Ravi Capoor said at a function held on the 5th National Handloom Day on August 7 in state capital Bhubaneswar. The ministry will not only preserve the state’s handloom heritage, but will also explore ways to make it a fashion statement globally, he said.Pic: ShutterstockEfforts are being made to reduce middlemen in the handloom productsso that weavers get a handsome, he said.The Fourth All India Handloo

The Sustainable Trade Initiative Vietnam (IDH) and the Vietnamand Apparel Association (VITAS) recently launched the ‘Life and Building Safety Initiative’ (LABS) in Hanoi to boost safer working conditions for apparel-footwear factory workers. The initiative will assist factories to meet domestic and international requirements on fire, electrical and structural safety.Pic: ShutterstockIDH, in coordination with a number of large brands and retailers, such as Bestseller, Gap, Li & Fung, PVH, Tar

The Trident Group plans to invest ₹1,000 crore in Jammu and Kashmir to help develop the union territory, according to its chairman Rajinder Gupta. With a blueprint in place, Gupta said he has identified sectors and small scale industries that would attract investment. Empowerment of women is the priority and 10,000 families are expected to benefit.Pic: Trident GroupThe announcement came in an interview to a television channel just two days after the Indianrevoked the special status of the state

Pakistan’s decision to suspend bilateralwith India may hit its textiles sector, which relies on raw material import worth over $450 million from the latter. Pakistan ranks 48th in the list of India's trade partners, while India ranks 6th among Pakistan’s importing partners. In 2018-19, Indo-Pak trade was 0.1 per cent of India's total trade.Pic: ShutterstockOf the total exports of $330.08 billion in 2018-19, India's trade with Pakistan accounted for just 0.6 per cent.In 2018-19, Pakis

Solgaard unveils Shore-Tex collection. © SolgaardSolgaard, a design driven, sustainable luxury brand, unveils a new collection of unisex bags and backpacks crafted in the brand's exclusive proprietaryShore-Texfabric made from upcycled ocean-bound plastic.Ensuring Solgaard's 360-degree approach to responsible sourcing and ethical business practices, the introduction of Shore-Tex will also see the company introduce a new zero-waste shipping solution; whereby all new Solgaard products will