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  • The antimicrobial textiles market is expected to reach US$ 12.3 billion by 2024, at a CAGR of 5.4% between 2019 and 2024, according to the latest report by MarketsandMarkets. Rise in awareness regarding health and hygienic products and prevention against Hospital Acquired Infections (HAIs) will drive the antimicrobial textiles market.The new market research report is titledand categorises the global antimicrobial textiles market based on active agents, application, fabric, finishing techniques,
  • The IndonesianAssociation (API) is committed to support and contribute to the government's program in balancing position of thebalance between Indonesia and the United States. One of the efforts undertaken is to increase the volume of textile and garment exports, in addition to the cotton imports from the US, API chairman Ade Sudrajat said.Pic: ShutterstockThe potential for textile exports to the US is still very large because the volume of American textile imports from Indonesia is still in
  • IconixGroup, Inc, has reported total revenue of $34.4 million for Q2 2019 ending June 30, 2019, a 31 per cent decline, compared to $50.2 million in the second quarter of 2018. For the six months ending June 30, 2019, total revenue of the company was $70.3 million, a 29 per cent decline, compared to $98.8 million in the six months ending June 30, 2018.Pic: IconixThe decline in revenue was principally as a result of the transition of Iconix's Danskin and Mossimo direct tolicenses in women'
  • The Punjab staterecently proposed several development projects in the agriculture sector to be included in the China Pakistan Economic Corridor (CPEC) Socio Economic Development Framework. Under the framework, a jointresearch laboratory would be established in Multan at a cost of Rs 186 million to boost cotton productivity.Pic: ShutterstockThe centre will also help in development of climate-resilient cotton varieties, according to Pakistani media reports.Under the Socio-Economic Development Fram
  • The Dixie Group, a marketer and manufacturer of carpet and rugs, reported net sales of $100.394 million in Q2 2019 ending June 29, 2019, down 5.7 per cent from $106.438 million in Q2 of 2018. For the second quarter of 2019, the company reported a loss of $1.216 million or $0.07 per diluted share, compared to $1.815 million or $0.12 per diluted share in 2018.Pic: Dixie GroupThe gross profit for the second quarter of 2019 was 23.4 per cent of net sales as compared to a gross profit of 23 per cent
  • Today’s manufacturers know how essential it is to keep up with customer demands. In the textile and fashion industries, being successful often means integrating high-tech components directly into fabrics. As such, smart clothes are beginning to come onto the market. People wear them like regular clothes, but these garments aren’t the same as wearable technology.Courtesy: cutecircuit.comWearable technology vs. smart clothesMost wearable technologies are accessories like smartwatches, smart glasse
  • The past months can be characterized as a time with significant uncertainty and volatility in the global economy.has caused sourcing shifts, concern over prices and great tension in the apparel and textile supply chain. Just like a domino effect, the world cotton market is suffering and its prices hitting the lowest within 10 years says most of the story.The long-term effect on the cotton market is undulating from the farm to the commodities market, with prices taking a sizable hit as the U.S. l
  • There is a huge jump in imports of viscose yarn compared to the previous year, which is hurting domestic yarn manufacturing spinning mills, according to the Indian Texpreneurs Federation (ITF). This can be addressed if the domestic spinning industry is able to buy viscose fibre at international prices and is also protected from low-priced yarn imports.In recent years, the demand and use of viscose products has increased in the Indianindustry, as the sector is slowly and gradually moving towards
  • A delegation ofentrepreneurs from Rajasthan’s Pali district recently discussed with state chief minister Ashok Gehlot various problems related to water pollution by industrial units and its treatment. Gehlot assured them that the state is working on a permanent solution to combat water pollution in the textile zone in Jodhpur, Pali and Balotra.Pic: ShutterstockIn compliance with instructions given by the National Green Tribunal from time to time, the stateis upgrading the existing common effluen
  • The Washington-based National Council of Textile Organizations (NCTO) – representing the full spectrum of US textiles from fibres through to finished sewn products – has welcomed President Trump’s announcement that he will impose a 10% tariff on the remaining US$ 300 billion of imports from China on 1 September.The US textiles industry has long supported the administration’s efforts to crack down on China’s abuse of intellectual property rights while also calling on the administration to include
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