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  • NEW DELHI – A new YouGov survey of Indian consumers indicates that while a large majority of shoppers consider the sustainable manufacture of garments as a high priority, the material quality, fit, design and price have controlling influence over product purchase.In what supports a recent, YouGov’s findings recommend that fashion brands introduce more stylish, sustainable ranges if they’re to tilt the balance, offer more competitive prices for sustainable fashion items and, via labelling, highli
  • Due to uncertainties in the global apparel market with the US-China trade war looming over the horizon created a negative domino effect in the spinning sector. The second-largest cotton producer country India has been observing uncertainties in its spinning sector due to this.Figure: India has been observing uncertainties in its spinning sector due to US-China trade war.Between April and June of FY 2019 alone, cotton yarn exports from India downed by 33% compared to the same period last year.The
  • As Manipur celebrated the 20th State Handloom Day on August 2, the state, commerce and industries minister Th Bishwajit called for a concerted effort for promotion of handloom and handicraft products, the second largest source of income of the people in the state. The celebration event was organised by the state Handlooms Promotion Council.Pic: ShutterstockThe statehad introduced a handloom delivery system to raise production and income of weavers, media reports from the state quoted the ministe
  • Gildan Activewear, a leading manufacturer of everyday basic apparel, has recorded sales of $802 million in Q2 2019, up 5 per cent from Q2 2018. It generated GAAP diluted EPS of $0.49, and adjusted diluted EPS of $0.56, up 8 per cent over prior year quarter. Net sales for six months ending June30, 2019 totaled $1,425.6 million, up 1 per cent from $1,411.5 million for same period last year.Pic: Gildan ActivewearUnderwear sales of Gildan grew more than 50 per cent in Q2 over the prior year quarter,
  • West Bengal chief minister Mamata Banerjee recently said Microsoft will create an e-commerce platform connecting six lakh weavers in the state. The firm had announced the launch of a new e-commerce platform for handloom weavers under its ‘Project ReWeave’. The project will begin from Nadia district and help spur weavers’ income by 25 per cent, Banerjee said.Pic: ShutterstockThe platform would help artisans connect directly with buyers, enabling them to expand to newer customers and markets, a ne
  • MMI Textiles, a diversified supplier of fabrics, trims, hardware and other notions has acquired the assets of Competition Textiles. Mike Wire, the former owner of Competition Textiles, has been in the textiles industry for 40 years, and started Competition Textiles in 1996 after 17 years with Top Value Fabrics.Competition Textiles is a synergistic acquisition for MMI as it is also a woven fabrics converter, as well as an importer of fabrics, which will enhance the existing stock line for MMI Tex
  • The first unified edition of Gartex Texprocess India is set to bring leading textile and garment machinery companies under one roof. With focused segments incorporated within the show, the three-day trade fair will draw attention to growing trends and application areas within the industry including the country’s first denim wrapped car highlighting denim fabric manufacturing as a sunrise industry in the textile value chain of India.Gartex has been a pioneer show bringing the entire product profi
  • Vietnam imported 143.5kt of cotton in June, 2019, down 1.9% year on year and 1.1% month on month. In the first half year of 2019, cotton imports totaled 809.1kt, a decline of 2% year on year. Based on current growth rate, the imports may total 1.52 million tons in 2019, down 31kt from 2018.Cotton imports decreaseVietnam’s textile industry maintains the fast development with high growth rate, but the growth rate is slower compared to the corresponding period of last year, but higher than that in
  • The textile industry, especially cotton spinners, are cutting production, to tide over the current glut in the market, due to falling cotton yarn exports and dull domestic demand. In the first quarter (April-June) of the current financial year, cotton yarn exports have dropped 34.6% to US$ 696 million, compared to the same quarter of the previous financial year. Alongside, Indian weavers have accumulated sufficient stocks of cotton yarns. On the other side of the spectrum, Indian cotton prices a
  • The Zero Waste Campaign, initiated by Turkish first lady Emine Erdogan in 2017 and embraced nationwide in the next two years, will now cover recycling food waste andproducts. The ministry of environment and urbanisation, which oversees the massive recycling campaign, will also focus on the recycling of food and unused, old or faulty textile products.Pic: ShutterstockFirst implemented in the Bestepe Presidential Complex and ministries, the project later spread to municipalities across theand star
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