Benetton Group SRL has announced that — following today’s Board of Directors meeting – Luciano Benetton has taken on the role of Executive Chairman.

COTTON USA, which unveiled latest apparel innovations at the Première Vision, featured new blended technologies in US cotton apparel that could drive sales growth.

Asics Ventures, the investment subsidiary of sportswear brand Asics, has made its first investment, taking a stake in Ai Silk Corporation, a Japanese start-up affiliated with Tohoku University that is developing conductive textiles.

Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, has launched two new textile collections containing the company’s Graphene Plus (G+) by Eurojersey, a producer of high quality warp-knit technical fabrics under its Sensitive Fabrics brand, and Colmar. Both collections were unveiled at ISPO 2018, the sport and sportswear international trade fair held in Munich.

The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.

The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.

Indo Rama Synthetics, India’s largest dedicated polyester manufacturer, announced its unaudited financial results for the quarter and nine months ended December 31, 2017.

Cotton imports by Southeast Asian nation of Vietnam have surged by around 50 per cent in January 2018, compared to the same month of the previous year, according to data from the country?s ministry of industry and trade. The US, followed by India, Australia, Brazil and Ivory Coast were the major suppliers of white fibre to Vietnam during the month.

The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fab India, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for “illegally” using its trademark “charkha” and selling apparels with the ‘khadi’ tag.