MARKET & ECONOMY​

Textile testing and research partner, Hohenstein, has reason to celebrate: this year marks the company’s 75th anniversary. Now in its third generation of family ownership, the company will spend this landmark year expanding its foundation for the future.

VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, recently announced that it has completed its previously announced acquisition of Supreme, a privately-owned global streetwear brand.

The Bangladesh Garments Manufacturer and Exporter Association (BGMEA) recently published the first-edition of its Sustainability Report from an association level. The report is an attempt to assess its performance in the changing business landscape of the new normal.

India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.