Textile Market
Editorial Pick: Textile News
AMEC and DFactory Barcelona Collaborate to Drive Industrial Innovation
AMEC (Asociación Multisectorial de Empresas) and DFactory Barcelona have joined forces to foster industrial innovation and tackle the sector’s pressing challenges. The two organizations co-organized a session aimed at...
Economy News
Rieter – Significant Increase in Order Intake in Financial Year 2024
• Order intake of CHF 725.5 million
• Sales of CHF 859.1 million
• Order backlog of around CHF 530...
Textile Machinery
EU’s Economic Landscape in 2024: Modest Growth, Textile Industry Challenges, and Sustainability Shifts
As 2024 concludes, the European Union (EU) reflects on a year of economic challenges, modest recovery, and strategic...
Editorial Pick: Textile News
Turkish Textile Sector Considers Shifting Production to Syria
Türkiye’s textile sector is exploring the possibility of relocating production facilities to Syria to overcome labor shortages and...
Garment & Fashion
Mexico Imposes Higher Tariffs on Textile Imports and Adjusts IMMEX Program
On December 19, 2024, Mexico announced a significant increase in import duties on textiles and apparel to protect...
Iran Carpet History
The oldest Iranian hand-woven carpets in 1949. In the second stage, the Russian archaeologist, discovered and named Rudenko in the Pazyryk Pazyryk carpet was...
Afreximbank to aid Nigerias Kaduna in textile goods export
African Export-Import Bank (Afreximbank) president Benedict Oramah recently met Nasir Ahmad El-Rufai, governor of Nigeria’s Kaduna state, in Abuja to discuss how the bank...
Nanollose launches its first microbial cellulose fabrics
At Planet Textiles 2018 held here yesterday in Canada, Australian start-up Nanollose revealed for the first time a selection of knitted fabrics made from...
Ghana makes tax stamp compulsory on imported textiles
To curb illegal imports, Ghanaian authorities will put a tax stamp on textiles entering the country beginning June 1, 2018. And from September 1,...
What Is The Impact Of African Growth And Opportunity Act (AGOA) On The Textile And Apparel Industry Of Africa?
The African Growth and Opportunity Act (#AGOA) is a trade agreement between the US and 39 sub-Saharan African nations. It was enacted in 2000...
ILO, IHKIB to work together under cooperation protocol
The International Labour Organisation (ILO) and Istanbul Apparel Exporters’ Association (IHKIB) are working together under a cooperation protocol to create decent work for Syrians...
Kenya’s AGOA exports decline 4.65% in 2017
Kenya’s exports of goods to the US under the African Growth and Opportunity Act (AGOA) declined by 4.65 per cent or Ksh1.6 billion ($15.9...
Uzbekistan & Turkey plan to launch textile trade centre
Uzbekistan and Turkey are planning to create a wholesale trade centre called Textilkent for textile products and knitted garments. The centre will be inspired...
Indorama Ventures revenue up 31% in Q1 FY18
Indorama Ventures, a global chemical producer, has recorded net profit of THB 10,863 million ($181.98 million) in the first quarter of 2018, up 31...
Indian companies invested $4 bn in South Africa: Report
Over 140 Indian companies which also operate in South Africa have collectively invested close to $4 billion, leading to the employment of over 18,000...