KPR mills, a reputed textile industry located in Coimbatore, reported a 27.92% increase in sales revenue for the quarter of March 2021 and also reported higher revenues and production capacity for the same period.

After reporting a net profit of about Rs 17.9 billion in Q4 last year, Alok Industries, a well-known textile firm, has reported in its regulatory filing a net loss of Rs 5 billion in the current Q4 ending on March 31st, 2021.

Colombo’s Hayleys Fabrics recently made a deal with South Asian Ltd and acquired a 98.84% stake in South Asian Textiles Limited. This acquisition will help Hayleys Fabrics expand its export portfolio in the future.

Recent research showed that face masks helped to curtail the COVID 19 spread in the US, when face mask mandate was in effect in different states, says Dr Seshadri Ramkumar, Professor, Texas Tech University.

The state government imposed a state-wide lockdown allowing only construction and manufacturing activities to take place. The KEA has requested for garment factories to function with COVID-19 measures and 50% attendance.

Customers are in need for soft, sustainable, and comfortable clothing in today’s market. As a result, Eastman has come up with a specialty cellulose fibre that is sustainable and made from recycled plastic and wood pulp.

Thanks to new Free Trade Agreements and government-assisted trade promotions and market search, Vietnam’s textile exports turnover for Q1 of 2021 has seen a modest growth after last year’s dip because of the pandemic.

ITMF Annual Conference in Davos, Switzerland, has been postponed to April 10-12, 2022 from September 26-28, 2021 due to the Corona-pandemic

Due to the uncertain and unpredictable situation with regard to travel and event restrictions caused by the Corona-pandemic, the Board of the ITMF (International Textile Manufacturer Federation) together with the two co-hosts – Swiss Textiles and Swiss Textile Machinery – have decided to postpone the ITMF Annual Conference in Davos, Switzerland from September 26-28, 2021 to April 10-12, 2022.