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...
Textile, garment exports up 15% in a year
Iran Garment export :: The value of textile and garment exports reached $970 million in the past Iranian calendar year (ended on March 20),...
Rwanda says withdrawal of AGOA benefits US discretion
raising the US Government for having unilaterally initiated the African Growth and Opportunity Act (AGOA), the Rwandan ministry of trade and industry recently said...
Airbag yarn market in auto sector to reach $ 1.3 bn by 2023
The global automotive airbag yarn market is projected to experience a healthy growth beginning 2018 with favourable opportunities in all the four regions around...
Nigeria, China opt currency swap to cut dollar use
Nigeria, Africa’s largest economy, and China have agreed to swap their currencies in order to reduce their dependency on third-country currencies and thereby, give...
US apparel brands challenged on Jordan migrant workers
US apparel
A UK organisation that aims to advance human rights in business has released a report today which claims that many US apparel brands...
EVTEKS broke a record with 50.000 international visitors!
One of the two biggest home textiles exhibitions in the world EVTEKS broke a record in the number of international and national visitors thanks...
Nigeria should opt for mass production: fashion designers
Many Nigerian fashion designers feel their country, one of the biggest consumers of fashion in Africa, can boost the economy, meet rising domestic demand, raise...
BGAPMEA wants corporate tax reduced to 12%
The Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) has proposed the government to reduce corporate tax for fiscal 2018-19 to 12...
Uzbekistan President pays a second visit to Litai
On January 29th 2018, President of Uzbekistan Shavkat M. Mirziyoyev, Vice Prime Minister of Uzbekistan OYBEK, accompanied by the President of Uzbekistan Textile Association ILKHOM...
Idéal Fibres & Fabrics Comines (IFFC) receives Textile Industry Award
Idéal Fibres & Fabrics Comines received the Textile Industry Award during the award ceremony of the “Trophées de l’Industrie des Hauts-de-France” (Trophies of the...