MARKET & ECONOMY
The shoe industry is affected by short collection cycles and is under the pressure of time and cost. Two medium-sized German enterprises KARL MAYER STOLL and DESMA have joined forces to overcome this issue.
Vaccines, social distancing, and face masks (VSF) are important tools in the toolkit to wage the war against COVID-19, says Prof Seshadri Ramkumar.
The importers of Vietnamese textile and garment products are opening opportunities for enterprises so as to boost production and expand the export market as the effect of the COVID-19 pandemic is subsidized.
Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles dropped by -48%, -27%, and -46%, respectively, says ITMF report. However, shipments of large circular knitting machines marked the exception with a 13% growth.
EFI Reggiani celebrated 75 years of heritage in 2021 for innovation and glamour in the textile world. During the celebration, the brand revealed the launch of three new, state-of-the-art digital textile printers.
In order to meet the demand of the non-cotton fashion industry, the textile millers in Bangladesh have demanded a withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibres (MMF).
To add wow factor to home wear, KARL MAYER created a crinkle-effect look made on an HKS 4-M EL. The look is beautiful and comfortable and is inspired by the trend towards “stay-at-home†feel-good clothing.
Arindam Choudhuri is appointed as the new Chief Executive Officer of Fineotex Chemical. As per the chemical producer, the company will expand its offerings in terms of new products.
Moda Biella in collaboration with NIFT announced a contest for the students where the winner gets a chance to feature the designs in the Moda Biella Collection. The webinar was conducted for 14 NIFT centres. Moda Biella, the Italian luxury heritage fashion brand producing superfine exotic fibres, had forayed into the Indian market by partnering with textile manufacturer OCM.