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  • The Woolmark Company has entered into a two-season partnership with Japanese fashion label FACETASM for developing its Autumn/Winter 18/19 and Spring/Summer 19 wool-rich offerings, ahead of its show at Paris Men’s Collection. Both collections will be Woolmark-certified. The partnership marks the beginning of a long-standing relationship between the two. The Woolmark Company will continue to work closely with and support FACETASM’s design team, which has already viewed the Woolmark Company’s
  • India's economy picked up in the second quarter, official data showed Thursday, rebounding from a sharp slump in the wake of government reforms that dragged growth to three-year lows. Figures from the Central Statistics Office showed Asia's third-largest economy accelerated after five quarters of slowing growth, as the impact of a sudden cash ban and launch of a nationwide tax receded. GDP growth rose to 6.3 percent in the three months to September, slightly below analyst expectations but
  • The cabinet committee on economic affairs at a meeting on Wednesday approved a proposal that would enable the textiles and jute ministry to get back five mills. The mills are Rajshahi Silk Factory, Thakurgaon Silk Factory, Sylhet Taxtile Mills Limited, Kurigram Taxtile Mills Limited and Chittagong ValikaWoolen Mills. The loss makings state-owned factories were supposed to be divested by the now defunct Privatisation Commission as per a previous government decision. But the Privatisation
  • Climate change has been ranked third on the list of sixteen modern day worries on the minds of today’s consumers that affects textile sustainability, according to a recent ground-breaking, global, quantitative consumer survey by Oeko-Tex Association, “The Key to Confidence: Consumers and Textile Sustainability- Attitudes, Changing Behaviours, and Outlooks.” “The Key to Confidence” online study was conducted earlier this year with a worldwide sample of more than 11,000 clothing and home texti
  • Knitwear makers yesterday demanded easing of Brazil's visa rules so that more businessmen from Bangladesh can frequently travel to the Latin American country to explore business potential. AKM Salim Osman, president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), made the request while speaking at a discussion in the association's Dhaka office. Brazilian Ambassador in Bangladesh João Tabajara de Oliveira Júnior attended the meeting, according to a BKMEA statemen
  • Growing usage of nanotechnology in fabrics and a rising demand for wearable technology are the two key drivers for the smart textiles market worldwide, says a study, which found high production cost and incompatibility with the electronics industry as two major barriers to this market’s growth. Excessive cost has not scattered the market as well, it said. The study report, titled ‘Global Smart Textile Market Outlook, Growth, Trends and Forecast 2017–2023’, was released recently by Albany-hea
  • China and Pakistan agreed to a material transfer pact between the two countries in the next two years and transfer of Chinese genetic engineering and functional genomics technologies to fight cotton pests to the latter at the first Sino-Pak international conference on ‘Innovations in cotton, breeding and biotechnology’ in Multan recently. The three-day conference was hosted by the Muhammad Nawaz Sharif University of Agriculture in Multan, according to Pakistani media reports. The conference
  • There is a lot of potentials for cooperation between Vietnam and India in the textile and garment sector, a Vietnam-India business meeting heard in Ho Chi Minh City last week. K Srikar Reddy, Indian Consul General in the city, said Vietnam is among the top five textile and clothing exporting countries along with India. But it has to import a lot of the raw materials, while “India’s textile industry has developed a complete product supply chain and India is also one of the suppliers of high
  • China will cut import tariffs on 187 items, including food, pharmaceuticals, garments and recreational products, from December 1 to lower costs and stimulate domestic consumer spending. After the cut, tariffs on the products, which include cashmere clothing, will average 7.7 per cent, down from the current 17.3 per cent, according to the finance ministry. High taxes on imports have raised prices of foreign brands in China pushing consumers to spend more overseas. As people’s consumption
  • Hismer Bio-Tech Co. Ltd. in China's Shandong province is making biomass fibre from shrimp and crab shells, a pioneering effort to produce synthetic fibres from products not derived from crude oil. Qingdao-based BMSG, a bio seaweed substance processing firm, has been turning seaweed into biomass fibre that can be safely used for surgical dressings. Hismer turns shrimp and crab shells from food waste to chitosan fibre, indistinguishable from other synthetic fibres. The fabric is used for makin
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