With the worst of the pandemic impact behind us, the Indian textile sector is now on a recovery path, according to Moody's Investors Service Company ICRA. Revising the FY2022 outlook for the Indian textile sector to 'stable', the rating agency added that risks, however, remain given the nascency of recovery and the continuing impact of the pandemic.Pic: Shutterstock"Indian as well as the global cotton output is expected to decline in CYg21 (Global Cotton Year ending July 2021).

DENVER - The US Public Interest Research Group (PIRG) federation of non-profit public advocacy groups has launched a campaign for action to stop fashion companies from destroying unsold clothing.US PIRG says much of the clothing and textiles sent to landfill or incineration is overstock that has never been worn but is being disposed of to make way for new merchandise.It has launched a campaign urging US states to use their legislative powers to hold the industry accountable for its overproductio

Bangladeshi apparel exporters recently turned down the Chittagong Port Authority's (CPA) proposal to release goods imported by them from private inland container depots (ICDs), termed as off-docks, accusing private ICD operators of charging higher fees and taking more time than the CPA for releasing goods. However, the ICD operators rejected the allegations.Pic: ShutterstockIt takes six to seven days to get the consignments released from the off-docks as compared to only two days at the port

MUNICH – German manufacturer Kelheim Fibres has partnered with textile innovator Hologenix to create a viscose fibre that integrates the former’s Celliant infrared responsive technology, proven to capture and convert body heat into infrared that increases blood circulation and improves cellular oxygenation.Celliant Viscose is a finalist in the category of 'Fibres & Insulation' at ISPO's Textrends awardsCelliant Viscose is said to retain the properties of conventional supplies, bu

DENVER – Fashion giant VF Corporation, which owns Vans, The North Face and Timberland, is disclosing information on its suppliers - from Tier 1 through to Tier 4 - in what it describes as unprecedented industry transparency.The company has published details of its suppliers for 46 products so far in a consolidated,downloadable file. It aims to extend this to cover 100 products by December.Information includes where suppliers are based, what they produce, numbers of male and female employees, cer

Australia’s department of foreign affairs and trade recently confirmed China has increased its import quota on Australian wool at a time when several Australian commodities like barley, wine, coal and timber have been blacklisted. The quota for 2021 has been raised to 38,288 tonnes from 36,465 tonnes in 2020. New Zealand's import quota to China remains unchanged.Pic: Shutterstock“Australian wool producers are gaining increased access to China through the China Australia Free Trade Agreement,

TOKYO - Japanese tech and fibre firm Teijin has announced it has introduced an internal carbon pricing (ICP) system for the group's capital investment plans.The ICP mechanism creates economic incentives to reduce CO2 emissions by quantifying CO2 emissions as costs that the company can consider when making investment decisions.The Teijin Group will apply the system to all future capital investment plans that are expected to impact the group’s CO2 emissions to help mitigate climate change.Sour

Cottage, Micro, Small, and Medium Enterprises (CMSMEs) are considered to be catalyzers of any economy. In the development context, CMSMEs play a crucial role in both developed and developing countries impacting positive changes in the community level economy and in boosting the national economic scenario.Terming the contribution of CMSMEs to be the lifeline of Bangladesh’s economy, the Honorable Commerce Minister Tipu Munshi recently stated on 11 January 2021 that the sector is contributing abou

LEICESTER - A £300,000 training academy for the fashion sectoris to be set up in the heart of Leicester’s troubled garment industry.The city council is to establish the Leicester Fashion Technology Academy (LFTA) in the Spinney Hills district where many of the city’s apparel factories are based.Leicester's garment industry has been at the centre of allegations of illegally low pay and poor conditions involving suppliers to fast fashion giant Boohoo.Source:Eco Textile

PEORIA - Sustainable startup Natural Fiber Welding (NFW) has announced it is doubling manufacturing capacity at its Illinois base for the production of its 'Mirum' plant-based leather.The company says it has added 110,000 sq ft of space for production - sufficient to eventually produce tens of millions of square feet of Mirum each year for its brand partners.NFW founder and CEO Dr Luke Haverhals said he believed the expansion would mean that the company's production capacity outstrip