Month: September 2019

Forever 21 Inc and its US subsidiaries have commenced voluntary chapter 11 cases in the United States Bankruptcy Court for the District of Delaware.

Indonesia recently notified the WTO Committee on Safeguards that it initiated on September 18 three safeguard investigations—the first on fabrics; the second on yarn; and the third on curtains, interior blinds, bed valances and other furnishing items.

The National Design and Product Development Centre for khadi products will be established by the Khadi and Village Industries Corporation (KVIC) under the Ministry of Micro, Small and Medium Enterprises.

ELGi Equipments, one of the world’s leading air-compressor manufacturers, with two million installations across 100 countries, announced the opening of its new European headquarters in Belgium.

China needs to triple its cotton imports. With government stocks depleting, China needs to import more to sustain its mills’ consumption.

Evonik has developed a new generation of polyimide fibres for the rising demands of the industry. The new product, brand named P84 HT, is distinguished by improved mechanical stability and flexibility at continuously high operating temperatures.

Declining yarn exports has put the Indian textile industry in a crisis mode. Is this crisis a short or long term? A telephone conversation between two Indian textile industry professionals painted a clear picture.