MARKET & ECONOMY
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.
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.
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.
The COVID-19 pandemic has put personal protective equipment (PPE) in the spotlight and made PPE a common term among the public, say Rajanna L Gotipamul and PV Kadole.
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.
Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Progressive recovery witnessed on a month-on-month basis in 2QFY21.
The ongoing coronavirus pandemic has impacted every sector of our economy and the most prominent being retail. The work from home and social distancing measures has made every requirement of ours just a click away.
Finer adjustment of the yarn suction force, lower compressed air consumption for the same yarn tension, smooth, ergonomic compressed-air valve – all promises fulfilled by the modernised AS H 32 and AS H 38 yarn suction devices.
“New trends will shape the future of Indian textile and apparel segment in the coming period. Businesses that can recognise the ebb and flow of the market and focus on adopting sustainability and recyclability in their business models will bounce back more strongly,” says Raj Manek.