The Swedish retailer H&M’s non-profit arm H&M Foundation, which has committed to collecting used clothes in stores in an effort to keep them out of landfills and give them a second life, has teamed up with the Hong Kong Research Institute of Textiles and Apparel (HKRITA) to develop the required technologies to recycle blended textiles into new fabrics and yarns.
Browsing: Industry Update
India has done reasonably well on the export front in spite of the global slowdown and Indian companies are entering new markets with the aid of the Exim Bank, according to Chairman and Managing Director Yaduvendra Mathur. He said India had fared much better than most countries on the export front.
After investing in a slew of start-ups via his company YouWeCan Ventures, cricketer Yuvraj Singh is now launching his own clothing line YWC. The brand will concentrate on athletics or sports-inspired wear.
A fabric touch tester and an imaging colour measurement system for textile and garment industry developed by Hong Kong Research Institute of Textiles and Apparel (HKRITA) have the potential to become industry testing and measurement standards in the textiles industry.
Chinese investor Jiangsu Dongqun Investment Holding Group has expressed its intent to invest $100 million in the development of textile industry and textile products (TPT) in Indonesia.
Durst and Technijet have jointly developed a digital textile system called Swiftjet.
Exports of textiles and garments from Sri Lanka increased by 4.5 per cent year-on-year in the first six months of this year.