Cotton yarn imports of China in Augustincreased by 7.9 per cent to reach 168.9kt and up 0.8 per cent on the month. As per a CCF Group report, imports amounted to about 1,400kt cumulatively in January-August increasing by 22.6 per cent year on year, and 3.6 per cent from the same period of 2019.

According to export data of foreign markets in August,cotton yarn exports of Vietnam saw a small decrease on the month partly because the pandemic delayed the export. The control and prevention measures in southern zone surrounding Ho Chi Minh have been eased, but the spinners still ran at low rate amid severe pandemic. On the other hand, orders of mills in central and southern zones performed well. Therefore, overall exports to China did not slump and remained relatively stable. In Sep, this situation may sustain. Cotton yarn exports of Pakistan in Aug increased. They were ordered in Jul when the buying sentiment of siro-spun yarn in China was mild. Sep arrivals to China are expected to increase further. Aug arrivals from India and Uzbekistan have not been released, but looking from yarn and apparel exports, India’s Aug exports is assessed to decline slightly on the month and Uzbekistan’s may remain stably upward. It is initially estimated that cotton yarn imports of China in Sep from Vietnam is at 69kt; from Pakistan 23kt, from India 25kt, from Uzbekistan 25kt and from other regions 25kt.

Arrivals of cotton yarn imports of China in September declined, and the sales were reported to be slow. The traditional peak season did not show bullish sentiment it should have been. On the contrary, downstream operating rate slid sharply weighed by dual control on energy consumption and electricity restriction. Cotton yarn was sold slowly and traders lowered prices with upset mindset. However, looking from the inventory, structural issues were relieved.

Italian fashion brand, Benetton plans to increase its sourcing of readymade garments (RMG) from Bangladesh.

At a meeting with Faruque Hassan, President, BGMEA, Monica Joshi, Head - Operations at Benetton Asia Pacific, said her company would source an increased volume of apparels from the local factories.

Highlighting the industry's capacity, Hassan emphasized on the industry's increased focus on diversification of products, especially non-cotton and high-end segments.

He requested Benetton to support and collaborate with their suppliers in Bangladesh to build their capacities in manufacturing apparel products having higher market demand.

He assured Benetton of all-out support from the BGMEA to expand its suppliers' base and increase sourcing volume in Bangladesh.

Hassan also pointed out that increased prices of yarn, chemicals and other raw materials in the global supply chain have pushed up manufacturing costs of apparels.

In such context, he underscored the need for justified pricing and more empathy towards supply chain partners to make the supply chain sustainable.

IKEA Foundation has partnered with Enviu and Circular Apparel Innovation Factory (CAIF) for building a new circular textile waste model in India.

Under the partnership, Ikea Foundation would fund the initial and seeding phase of the five-year project in which Enviu and CAIF, together, will build capacities and impart skill training to waste workers, and build successful circular enterprises to reclaim value from textile waste.

This will help recover and reclaim value from textiles waste while unlocking green jobs for the waste workers who are one of the most vulnerable and underserved communities, said a joint statement.

The five-year project has taken on the ambitious mission of creating more than 5000 green jobs while saving at least 20 million kilos of textiles waste from ending up in landfills by 2026.

Swedish home furnishings big box chain Ikea and fashion industry giant H&M have teamed up to explore the potential and challenges in using recycled textiles to meet their 2030 sustainability targets. The companies collaborated on a new databank to help improve efforts.

The companies first teamed up in 2019 with a study looking at the chemical content in recycled textiles and begin to strategically increase knowledge in order to shift the industry to more sustainable practices. That research project was also joined by Adidas, GAP, and PCH Corp., among others.

The research looked at post-consumer materials including cotton, wool, and polyester. The samples were ranked across more than 70,000 data points, with 2.5 percent showing “undesirable detections” of chemicals.

According to the findings, nearly all wool samples showed at least one of the AFIRM restricted substances (Apparel and Footwear International Restricted Substances List Management).Now, the companies say they are using the findings to support policy initiatives that would allow for recycling of textiles deemed most likely to be safe. The brands are also working to ensure brands have access to methodology and tools to restrict dangerous chemical-containing textiles.

Both Ikea and H&M Group have been hard at work to reduce their emissions and increase sustainability initiatives. IKEA has set a 2030 deadline to ensure 100 percent of its products are 100 percent circular by only using renewable or recycled materials. It has also embraced the shift away from meat in its cafes and markets, with the goal of making 50 percent of its menus plant-based by 2025.

H&M continues to offer collections featuring sustainable materials. Last month the retailer was named the Global Compact LEAD as part of the United Nations Global Compact and its Ten Principles for responsible business.

Kingpins24 will return this yearfrom October 19-21, 2021. Running in digital format, the event will focus on denim innovation and technology from the global denim market.

Each of the three days of the show will focus on discussions on a different topic and will collect different speakers, in addition to Andrew Olah, and Vivien Wang, Kingpins’ founder and show managing director, respectively, moderating the whole three-day round-up.

The Inspiration Day on October 19 will present all the newest trends and developments, from The Lycra Company, Tencel, BCT Denim, Cradle 2 Cradle Product Innovation Institute and Denim Dude’s Amy Leverton, among others. Also part of the day will be a series of presentations about the Indigo Museum Collaboration Project.

October 20 will be the Innovation & Technology Day, featuring some of the most interesting achievements within the industry. Participants will include AGI Denim, Tonello, Covolan Denim, Bossa, Artistic Fabric Mills, The Lycra Company, OrtaAnadolu, Rudolf Hub 1922, Isko, Siddiqson, Tencel, Naveena Denim Mills, Wiser Tech and Iskur Denim.

October 21 will be the Earth Day and will disclose the newest industry progress aimed to protect the environment. The program will host, among others, Diamond Denim, Officina +39, Bossa, Denim Clothing Company, Advance Denim, Crescent Bahumann, Arvind Limited, Calik Denim, Raymond UCO Denim, Cone Denim, 7 For All Mankind and Sapphire Textile Mills.

Rebound in third-quarter earnings has encouraged German fashion retailer Hugo Boss to raise its outlook for the current year. The retailer’s third-quarter earnings rebounded above pre-pandemic levels on the back of strong demand in Europe and the Americas.

The group now expects sales to grow by about 40 per cent in 2021 on a currency-adjusted level, up from a previous target growth range of 30-35 per cent. Operating profit (EBIT) is now seen at €175 million to €200 million ($203-232 million), compared with a previous forecast for €125 million to €175 million.

While noting a strong business recovery in Europe and the Americas, "renewed COVID-19 related restrictions, including temporary store closures, weighed on consumer sentiment in various key markets" in the Asia/Pacific region.

Third-quarter sales and EBIT stood at 755 million euros and 85 million, respectively, which represents a rise not only compared with the past year but also with regard to 2019, before the COVID-19 pandemic hit the sector, Hugo Boss said.

Officina+39 showcased its latest creations in chemical applications dedicated to the textile sector at the recent dition of Denim Premiere Vision. Held from October 13-14 in Milan, the trade show exhibited Officina +39’s latest innovation, Novascraper Indigo. This technology allows manufacturers to give a natural vintage look to denim garments through laser finishing, an actual innovative alternative to manual scraping. Novascraper Indigo guarantees a natural effect with unparalleled quality and accuracy, requiring less manpower and less rejection rate when compared to manual scraping.

Officina+39's technical achievements are constantly at the service of the fashion industry to develop Trustainable™ projects. Officina+39 and TejidosRoyo joined forces to create a denim line that drastically reduces water consumption: this is “The Sixth Sense”, a project concretely inspired by the 2030 Agenda for Sustainable Development and specifically by its SDG6, calling to action to ensure access to water and sanitation for all. Officina+39 personally accepts this global challenge by contributing to the realization of “The Sixth Sense” with itsAqualess Mission.

Focused on driving sustainability in the textile industry, TejidosRoyo on its side pioneered the use of low-impact fibers and yarns as a raw material and the implementation of foam-dyeing technology with its Dry Indigo®, the first-ever technology to foam-dye denim with zero water use and no water discharge.

At Officina+39 the word “waste” becomes synonymous with opportunity, a source to create something new, fostering true, Trustainable™ circularity. This is the background to the collaboration withAtelier Riforma, an innovative startup born in Turin (Italy) with a social vocation. The company's goal is to reduce the environmental impact of the fashion industry, promoting its transition towards a model that is as circular as possible. Atelier Riforma manages the collection of discarded clothing and, through a network of upcycling professionals spread throughout Italy, gives them new life through sartorial creativity.

Through the contribution of Officina+39’s Rectcrom™, it has been possible to obtain new pigment and dyestuff pulverizing discarded garments and pieces usually difficult to recover through tailoring transformation alone. All garments have been supplied and selected by Atelier Riforma.

Century Textiles & Industries reported a consolidated net profit of Rs 44.71 crore in Q2 FY22 as against a net loss of Rs 14.13 crore in Q2 FY21.

Sales increased by 67.5 per centYoY to Rs 997.98 crore in Q2 FY22 over Q2 FY21. On the segmental front, revenue from textiles increased by 99.6 per cent to Rs 273.89 crore, revenue from pulp and paper increased by 63.7 per cent year-on-year to Rs 685.97 crore. On the other hand, revenue from real estate declined by 0.4 per cent to Rs 35.41 crore.

The company posted a pre-tax profit of Rs 61.99 crore in the second quarter. It had recorded a pre-tax loss of Rs 8.69 crore in the same period last year.

JC Laddha Managing Director, says, the textiles business’s strong revival was supported by robust domestic demand on account of upcoming festive season.

Reebok has launched the Thermowarm+Graphene apparel collection, the first commercially-priced use of graphene in sportswear. Graphene, first discovered by a group of researchers who isolated the material to its thinnest layer, discovered that this wonder material is one of the lightest, thinnest, strongest and most heat conductive materials on Earth. The groundbreaking discovery of graphene earned researchers the Nobel Prize in Physics in 2010.

Reebok’s strategically placed Thermowarm+Graphene internal grid print zone technology helps retain between 8% and 15% more heat than unprinted zones, depending on the base fabric.

The graphene-infused technology is integrated in over a dozen silhouettes ranging from performance running leggings to outerwear jackets, offering consumers an assortment that fits into a variety of athletic lifestyles. All collection offerings feature a strategically placed Thermowarm+Graphene grid print in the most pivotal heat retention zones where it would most benefit consumers – in garment hoods, shoulder panels and upper leg panels. When wearing a Thermowarm+Graphene apparel piece, body heat will be absorbed and retained across the entire graphene-infused printed panels to help the consumer stay warmer in cold temperatures.

Welspun India has launched its upgraded multi-level traceability solution Wel-Trak 2.0, enabled by blockchain, artificial intelligence, and cloud technologies, to track millions of finished products across its value chain. Wel-Trak 2.0 is an upgrade to Wel-Trak, the company’s patented end-to-end traceability technology introduced in 2018. It is designed to help the stakeholders – from retailers to farmers and manufacturers to suppliers, traders, certifying bodies, and end consumers – to track raw materials throughout the supply chain back to their origin.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.Welspun India is based in Mumbai, Maharashtra, India. It exports more than 94 per cent of its home textiles products to more than 50 countries. It exports more than 68 per cent of its production to US, 23 per cent to Europe and the balance to Middle East, Australia, Mauritius. It supplies to 17 out of the top 30 retail chains in the world.