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Home textile players upbeat in difficult market
Home textiles have been a major part of global textile trade and it comes as no surprise. The ever-improving economic status of people supported by various modern financial innovations has enabled families to invest higher amounts into the home textiles segment.
While European textiles and clothing companies have been crucial in providing short-term relief in the crisis, such as converting their production or an increased production of PPE, now long-term goals need to be tackled that involve a renewal process of the sector and its value chain and a more competitive and greener future.
Reduction of ADD on acrylic fibre from Thailand!
NITMA welcomes Government’s decision of reduction of anti-dumping duty on Acrylic Fibre
imported from Thailand and nil duty for Dralon of EU, it will boost acrylic fibre industry’s growth.
Liva releases consumer study on fashion industry
Liva, an ingredient fabric brand from the house of Aditya Birla Group, has conducted a consumer study in association with MRM, the digital arm of Mccann World Group and released a research report titled “A Brave New World”.
Rieter wins patent dispute in China
In mid-July 2020, the Shanghai Intellectual Property Court of the People’s Republic of China determined that the double-head draw frames JWF1316 and JWF1316T of Shenyang Hongda Textile Machinery are similar to and fall within the scope of protection of the design patent concerned.
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