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Filpucci is set to present its woollen collections during the next edition of Pitti Filati in booth D14/16. Pitti Immagine Filati is an event that presents world-scale excellence in the field of yarn and knitting industry, which will be held from June 26-28, 2019, in Italy. Filpucci is a leader in the manufacture of creative yarns for quality knitwear.Filpucci yarn collections represent the perfect combination of the best raw materials (high-tech and natural), the know-how in spinning and finish
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The BangladeshMills Association (BTMA) recently urged the government to withdraw 5 per cent advance tax on import of textile machinery, spare parts and some raw materials like polyester, tencel fibre andproposed in the 2019-2020 budget, saying the move would discourage investment in the sector and halt expansion of textile mills in the.Import of textile machinery is subject to only 1 per cent customs duty now.The budget also proposed another 5 per cent value added tax (VAT) on manufacturing of y
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Pakistan has to pay Rs 200 billion as pendingsector refunds, according to Zubair Motiwalla, chairman counsel of All Pakistan Textile Association, who recently briefed the senate standing committee on finance, revenue and economic affairs. He said kids’ fabrics are being imported from abroad and smuggling and under-invoicing should be stopped.Textile manufacturers are already paying 16 different taxes, but 17 per cent additional sales tax was imposed on the industry in the Finance Bill 2019, Moti
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Amazon India recently launched its largest delivery station in Telangana covering over 20,000 sq ft in Hyderabad to speed up last-mile deliveries for customers in the neighbouring Ranga Reddy district. The company has around 90 delivery stations in the state—over 12 in Hyderabad, three fulfilment centres in the city and two sorting centres.The company is expanding its network in Telangana over the last two to three months, said Prakash Rochlani, director, last mile transportation, Amazon India.I
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Wells Fargo Capital Finance, part of Wells Fargo Company, has financed the taking over of Haggar Clothing, a leading apparel company, by Randa Accessories, one of the leading accessories companies. Randa, a privately held company founded in 1910, produces belts, wallets, headwear, slippers, luggage, neckwear, jewelry, and other accessories under 50 brands.“The acquisition of Haggar is an important waypoint on our strategic journey,” said Jeffrey Spiegel, CEO of Randa. “This transaction brings to
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Saurer is presenting the intelligent, fully-fledged embroidery solution that offers a wide range of customisation options for customers, the Epoca 7 shuttle embroidery machine, at ITMA 2019 expo, in hall 6, booth B201, from June 20-26, 2019, in Barcelona. The embroidery machine features enhanced automation technology and a new application device.Epoca 7 also incorporates modernised CAD/CAM design software and a new mill management system. It sets new standards in terms of productivity, with an i
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As of now, Bangladesh is able to meet 80% demand for fabrics for the export-oriented knitwear sector. While the local fabrics manufacturers are meeting 50% demand of the woven sector. As a result, the country’s $30 billion apparel sector is witnessing double digits growth.Figure: If the government implement the proposed 5% VAT on yarn, the manufacturers have to pay minimum Tk9.40 and maximum Tk23.50 per kilogram.But the proposed budget for the fiscal year 2019-20 poses a great threat for the cou
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Coloration process of textile fibers are an essential portion in the textile industry. Actually, textile coloration means a wet process which is carried out using dyes, chemicals and a large volume of water. Textile coloration is the driving force of the textile industry because the quality of fabric depends on the coloration of textile fibers mostly.There are lots of techniques for textile coloration. Some of them are conventional and some of them are modern.According to the conventional techni
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Farfetch, the global technology platform for the luxury fashion industry, has become a founding member of the Libra Association and will work with other founding members in the lead-up to the launch of the initiative in the first half of 2020. The association will operate and develop the Libra Blockchain, which will be secure, scalable, and reliable.Pic: FarfetchThe Libra Association will be responsible for operating and developing the Libra Blockchain, which will be secure, scalable, and reliab
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The share of khadi fabric in India’sproduction doubled to 8.49 per cent in five years. While the mill fabric production was 2,012 million sq m and 2,486 million sq m in 2018-19 and 2014-15 respectively, khadi fabric production was 170.80 million sq m and 105.38 million sq m in the respective fiscals, the Khadi and Village Industries Commission (KVIC) said.KVIC chairman Vinai Kumar Saxena from 1956 to 2013-14, khadi fabric production reached 105.38 million sq m. In the last five years, India prod