Browsing: Textile Industry

The third edition of BSTIM, a show for the fashion industry, will be held in Igualada, a textile city near Barcelona, where 145 factories and 2,500 industry professionals are located, from 22-23 February 2017. T

The government of Bangladesh has decided to modernise 24 public sector jute mills with Chinese funding. For several years, state-owned jute mills have been loss-making units and in the last fiscal year their losses amounted to Tk 588 crore.

Of the total €81 billion import of clothing from 28 countries to the European Union, 77 per cent is from Asia, which is almost double of what came out of Asia just 10 years ago. In the last 10 years, clothing import from the EU grew €32 billion with €30 billion coming from Asia alone.

Indian Texpreneurs Federation (ITF), an apex body of textiles mills in the region, has signed an MoU with National Skill Development Council (NSDC), to train 50,000 fresh workers in 15 job roles during 2017.

The global leader in jeans and casual apparel, Wrangler Jeans has revealed it has reached a milestone by having saved 3 billion liters of water since 2007, and has also announced methods to reduce water usage at its facilities by 20 per cent by 2020.

Global fashion industry is expected to do better than last year says a recent survey ‘The State of Fashion 2017’ by McKinsey and The Business of Fashion.

Vietnam’s textile and garment exports this year are estimated to reach $28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Vi?t Nam Textile and Apparel Association (Vitas) reports.