LATEST NEWS
Abercrombie & Fitch, a global specialty retailer of apparel and accessories through three renowned brands, has reported 5 per cent sales decline to $819.6 million in its third-quarter (Q3) for fiscal 2020 ended on October 31 compared to sales of $863.4 million in same period previous fiscal. However, digital sales jumped 43 per cent to $382 million.
Freudenberg Performance Materials is launching its website for its innovative friction enhancement technology combining a special hard-particle coating with a unique nonwoven from Freudenberg: Friction Inserts. On the new online platform frictioninserts.freudenberg-pm.com users get comprehensive information on the technology and its particular benefits for automotive, transportation and wind turbine industries.
Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Progressive recovery witnessed on a month-on-month basis in 2QFY21.
Scientists at the University of York and the Royal College of Art are jointly working to reduce the environmental impact of the textile industry in the UK.
No other time in history has the spotlight shined so much on textiles for its role in saving lives than at the present times. Textile materials’ capability to filter and destabilise SARS-CoV-2 is attracting a lot of attention, as well as sustainable fibres like cotton for many advanced applications.
In order to fully protect manufacturing systems against cyberattack, B&R has further enhanced the user management features of the APROL process control system.
Sateri, the world’s largest viscose producer, has launched its sustainability vision for 2030 to guide the company’s strategic growth in the coming decade.
In September 2020, Textile Secretary Ravi Capoor informed investors that the Government of India was planning to bring a “focussed product scheme†to incentivise production of synthetic fibre-based apparel and technical textiles.
Vikram Mahaldar, MD and CEO, OCM Private Limited, speaks on global market size for suiting and shirting fabrics, and performance of OCM this year.