Two Taiwanese textile firms have set their sights on the Muslim world, which accounts for about a fifth of the global population (between 12 bn to 1.6 bn), by introducing new technology and innovative designs to appeal to the demographic.
Browsing: Industry Update
India saw a decline in exports of woolen yarn, fabric and made-ups by 48 per cent and woolen garments by nine per cent in the first quarter of the current financial year.
The US apparel retailers most have reported lower sales at established stores for the pivotal back-to-school shopping month of August.
A new International Cotton Advisory Committee (ICAC) report informs that world cotton production is projected to increase 6 per cent year over year to 22.5 million tons in 2015/16.
Textile manufacturers in Egypt prefer US cotton to local Egyptian cotton. The reason: deteriorating quality of Egyptian cotton.
A delegation of Chinese Textile Company, Zhejiang Daoqin Textile Co Ltd has expressed interest in setting up of a textile industry in the Sitarganj Pase-II industrial estate in Uttarakhand State for which it would be making investment to the tune of Rs 600 crore. In this connection, a delegation of the Chinese textile company met Chief Minister Harish Rawat.
Qlik, a leader in visual analytics, has announced that Tantex, a Singapore-based textile and garments design and supplier, has chosen Qlik for its visual analytics platform. Using Qlik platform, Tantex can analyse over 25 years’ worth of data to identify the latest fashion trends, forecast demand, and provide spot-on advice to fashion retailers. Over the years, as Tantex’s list of global retailers grew and the company expanded into more markets, executives found it challenging to analyse numerous reports that were formatted differently across departments and countries.