Industry News

Green is fashionable: how can the textile industry reduce its environmental impact?
Apr 22, 2024

One hundred billion items of clothing are sold worldwide every year. That’s 60% more than 15 years ago, according to the French Agency for Ecological Transition (ADEME). Clothing production could account for 26% of global greenhouse gas emissions by 2050. But will rising awareness of this issue within the fashion industry and among consumers help avert this serious increase?

FDI flow into garment and textile sector bounces back
Apr 22, 2024

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

India's textile exports face second consecutive year of decline amid geopolitical strains
Apr 19, 2024

India's textile exports experienced a setback for the second consecutive year in 2023-24, reported TOI on Friday. The decline can be attributed to geopolitical tensions casting a shadow on the global economy.

Pakistan’s textile exports fall by 8% MoM in March
Apr 19, 2024

Pakistan’s textile and clothing exports grew by 3.29% to $1.299 billion in March, compared to $1.257 billion in the same month last year whereas exports fell by 7.67% on a month-on-month (MoM) basis, according to the Pakistan Bureau of Statistics (PBS).

Growth Of Technical Textiles Industry Increased Interest In HIGHTEX 2024
Apr 19, 2024

İSTANBUL, Turkey— April 17, 2024 — HIGHTEX 2024 Exhibition, which will bring together the world’s leading technical textile and nonwoven manufacturers and technology leaders with global buyers, will open its doors to visitors on 4-8 June 2024. HIGHTEX 2024, which attracts great interest from domestic and foreign companies, will host thousands of industry representatives and visitors from all over the world.