Textile Industry News

Vietnamese enterprises must partner with firms in the Asia-Pacific region for stronger growth in times of increasing global economic integration, participants concluded at a recent conference in Hanoi on strengthening partnership between the Vietnam Chamber of Commerce and Industry (VCCI) and the … Read more about Need For Vietnam To Partner With APAC Firms

Indian Textile Minister Hears Himachal's Pending issues Himachal Pradesh industries minister Shri Bikram Singh recently met Indian textiles minister Smriti Irani in New Delhi to apprise her about various pending issues of the state and requested for early approvals and release of funds under … Read more about Indian Textile Minister Hears Himachal’s Pending issues

Levi Strauss & Co Revenue Soars 22% In Q1 2018 For the first quarter of 2018, the revenues of Levi Strauss & Co grew 22 per cent on a reported basis and 16 per cent excluding $55 million driven by broad-based Levi's brand growth in all regions and channels. On a reported basis, direct-to-consumer … Read more about Levi Strauss & Co Revenue Soars 22% In Q1 2018

Turkish Unions Want Living Wage In Textile-Garment Sector Textile, garment and leather sector unions in Turkey have pledged their support to the worldwide initiative called ‘Action, Collaboration, Transformation’ (ACT) led by IndustriALL Global Union, brands and retailers to achieve living wages. … Read more about Turkish Unions Want Living Wage In Textile-Garment Sector

Pakistan Working On 5-Yr Strategic Trade Policy Frame Work Pakistan’s export growth is being hindered by high cost of business and issues of market access and exchange rate, but the government has been working on a five-year strategic trade policy framework to resolve these problems, commerce … Read more about Pakistan Working On 5-Yr Strategic Trade Policy Frame Work

Kornit Digital To Display Cutting-Edge Solutions in Asia Kornit Digital, a market leader in digital textile printing, will showcase its cutting-edge solutions at three major trade shows in Asia Pacific this month. Kornit Digital and its local channel partners will conduct live demonstrations … Read more about Kornit Digital To Display Cutting-Edge Solutions in Asia

CNTAC Leaders Visit Newtech Textile Technology The leaders of China National Textile and Apparel Council (CNTAC) recently visited Newtech Textile Technology Development. The officials appreciated the company's innovation in textile science and technology and constantly improve the development of … Read more about CNTAC Leaders Visit Newtech Textile Technology

India's Growth To Hit 7.3% In FY19, 7.5% In 2019-20 India’s economy is expected to grow by 7.3 per cent in next fiscal and by 7.5 per cent in 2019-20 due to increased investment in infrastructure and waning of the disruptions caused by the rollout of goods and services tax (GST), US rating agency … Read more about India’s Growth To Hit 7.3% In FY19, 7.5% In 2019-20

BCI Revises Better Cotton Principles and Criteria Better Cotton Initiative (BCI) has revised Better Cotton Principles and Criteria (P&Cs), the mainstay of the Better Cotton Standard System which lays out the global definition of Better Cotton. By adhering to the P&Cs, BCI farmers produce … Read more about BCI Revises Better Cotton Principles and Criteria

Leather Standard Label By Oeko-Tex Completes One Year Oeko-Tex, a developer of standardised solutions that optimise customers’ manufacturing processes to deliver high quality and sustainable products, has announced that its Leather Standard product label has completed one successful year. … Read more about Leather Standard Label By Oeko-Tex Completes One Year

US Real GDP Increases 2.3% In 2017 Real gross domestic product (GDP) of the US increased at an annual rate of 2.3 per cent in 2017, according to the ‘second’ estimate released by the Bureau of Economic Analysis. In 2016, real GDP had increased 1.5 per cent. The GDP estimate is based on more … Read more about US Real GDP Increases 2.3% In 2017