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Spinnova Plc announced today, 28 February 2025, that Suzano Plc will not invest in the next steps of their collaboration. As a result, Spinnova does not expect Suzano to proceed with a factory investment in the near future.
Suzano stated that the decision is based on its revised priorities and capital allocation strategy, not on a lack of confidence in Spinnova’s technology. Suzano will remain a shareholder in Spinnova.
Spinnova and Suzano have agreed to initiate a strategic review of their joint venture, Woodspin, with completion expected in the coming months. The review will also assess the termination of exclusivity rights under their joint venture agreement. Spinnova continues to see strong interest in its fibre and technology from other industry players.
In parallel, Spinnova will conduct its own strategic review, evaluating all joint ventures and reassessing its strategic targets and financial guidance for 2025. The company will continue advancing its technology roadmap, including its MFC concept.
The strategic assessment is expected to conclude within the next few months, after which Spinnova will update the market.
South Eastern Coalfield Limited (SECL) and Apparel Training & Design Centre (ATDC), set up by the Apparel Export Promotion Council (AEPC) under the Ministry of Textiles, have signed an MoU to train 400 economically weaker candidates from SECL’s command areas -Bishrampur, Sohagpur, Korba, and Chhindwara.
The MoU was signed in the presence of senior officials, including Rupinder Brar, Addl Secretary, Ministry of Coal, Rakesh Vaid, Sr Vice Chairman, ATDC and former AEPC Chairman, and SECL’s Director (Personnel), Biranchi Das.
ATDC will establish training centers in Bishrampur, Sohagpur, and Korba, while residential training will be provided at ATDC Chhindwara. The initiative will train 300 candidates as Self-employed Tailors (SET) and 100 in Apparel Manufacturing Technology (AMT).
Brar emphasized ATDC’s credibility in skill development, while Vaid highlighted SECL’s role in empowering youth for wage and self-employment.
Senior officials from SECL and ATDC attended the event. ATDC has trained over 400,000 candidates for the garment industry so far.
PDS, a global fashion solutions and infrastructure company, has been certified as a Great Place to Work by GPTW and awarded the WOW Workplace Award by Jombay. These recognitions highlight PDS’ commitment to fostering an inclusive, supportive, and growth-oriented work culture.
Pallak Seth, Executive Vice Chairman, stated, “A great workplace starts with valuing, empowering, and motivating our people. We are proud of the culture we have built and remain committed to creating an inclusive and forward-thinking environment.”
Sanjay Jain, Group CEO, added, “These awards affirm our dedication to making PDS a place where employees feel valued and empowered. We will continue to build opportunities for success and collaboration.”
PDS promotes an exceptional workplace by prioritizing open communication, fostering transparency, and providing employees with cutting-edge tools and career development programs. Investments in technology, mentorship, and upskilling further support employee growth.
These recognitions reinforce PDS’ ‘People-first’ approach, ensuring a thriving work environment that nurtures talent and drives innovation.
Expanding its retail presence in Europe in Europe, footwear and apparel Skechers has launched a new concept store on the Corso Buenos Aires in Milan.
Spanning 294-sq-m, the store features a mid-century design and sustainable LED lighting made from EU biopolymer materials. It offers Skechers' full range of lifestyle footwear, along with dedicated sections for performance, apparel, and accessories, catering to fashion, sport, casual, work, and children's needs.
Highlighting Italy’s role in the company’s European growth, Michael Greenberg, President, Skechers, emphasizes on the store's strategic location to connect with both tourists and locals.
This new store takes’ Skechers total store count in Italy to over 40, including four in Milan, and is supported by brand ambassadors like Fabio Cannavaro and Benedetta Parodi.
Emphasizing on the store’s strategic location, Sergio Esposito, Country Manager, Skechers Italia, says, the store is expected to register high foot traffic Corso Buenos Aires is a a major shopping street and accessible via Milan Centrale and Lima metro stations.
The National Council of Textile Organizations (NCTO), National Chamber of the Textile Industry (CANAINTEX), and Canadian Textile Industry Association (CTIA) have urged former President Donald Trump to avoid imposing 25 percent tariffs on textile imports from Mexico and Canada and to close the de minimis tariff loophole immediately.
In a joint statement, the associations highlighted the importance of the US-Mexico-Canada Agreement (USMCA), which supports over 1.6 million jobs and generates $20 billion in two-way trade. The US textile industry exports $12.3 billion in textiles to Mexico and Canada, accounting for 53 percent of its total global exports. Mexico exports $9 billion in textiles and apparel to the US, while Canada exports $1.8 billion to the US and Mexico.
NCTO President and CEO Kim Glas warned that penalty tariffs would hurt the US textile industry and benefit China. “We support President Trump’s efforts on illegal migration and the fentanyl crisis, but these tariffs would harm US manufacturers and Western Hemisphere supply chains,” she said.
The associations also called for an end to the de minimis exemption, which allows duty-free imports under $800. Glas argued that the loophole unfairly benefits China and facilitates illegal product flows, including fentanyl.
CANAINTEX President Rafael Zaga Saba criticized Asian trade practices, stating they have undermined North American industries. CTIA Chairman Jeff Ayoub emphasized the importance of maintaining the North American coproduction chain, urging Trump to reconsider the tariffs.
The groups pledged to work with the administration to highlight the negative impact of tariffs and de minimis exemptions on investment, jobs, and economic stability.
Luxury womenswear brand Anavila has expanded into homeware with its debut home textile collection titled, ‘House & Home.’ Inspired by the Birhor tribe of Jharkhand, the collection aims to promote mindful living and showcase indigenous Indian crafts.
Designer Anavila Misra's foray into homeware focuses on honoring craft and tradition through minimalist textiles with subtle artisanal details. The collection encourages a slower pace of life and a connection with nature, according to the brand.
The product range includes cushions, sheets, table runners, and placemats, all featuring neutral tones with vibrant color accents. These items are designed to create a tranquil living space. The collection's aesthetic mirrors Anavila's minimalist and thoughtful womenswear, emphasizing slow fashion.
Rediscovering a deeper purpose, the House & Home collection embraces the philosophy of preserving traditions, crafts and communities, says the brand. Founded in 2012, eponymous brand Anavila Misra gained recognition for popularizing the saree as everyday wear and utilizing pure linen yarns. The brand collaborates with various indigenous craft communities across India, including those in West Bengal, Jharkhand, and Bhuj, while also advocating for sustainable garment production.
Calvin Klein has launched its debut shapewear collection offering foundation and fashion styles.
Titled Calvin Klein Shapewear, the collection includes no-show thongs, briefs, mid-thigh shorts, bodysuits, leggings and slips, designed at four compression levels.
The lightest garment in this collection is the Second Skin Smoothing which offers a barely-there feel with weightless microfiber and seamless edges. The Stay Put Mesh style provides a medium-control layer crafted from breathable microfiber mesh, delivering smooth, slip-resistant compression. Stay Put Stretch style offers firm compression with silky smooth microfiber. The most powerful shapewear item in this collection is Secure Sculpt which offers extra-firm compression and zoned support.
The collection further includes various style-driven pieces inspired by the brand’s signature logo and lace underwear. It also includes a collection of briefs, mid-thigh shorts, and bodysuits titled, Icon Shapewear. This range features zoned no-slip compression and the iconic Calvin Klein logo waistband, while Sensual Stretch Lace range offers smooth lace detailing.
The Calvin Klein Shapewear Collection launched with a campaign, directed and shot by Charlotte Wales, and starring actor Eve Hewson.
A major player in Bangladesh's textile industry, Beximco Textiles has ceased all operations, resulting in the layoff of its entire workforce as of February 28. Triggered by a severe financial crisis, this closure was finalized during a government advisory committee meeting.
Citing lack of work resources, Beximco's management shut down 14 of its facilities, excluding Yarn Unit-1. Beginning in December 2024, these closures continued into February 2025, culminating in the complete shutdown. The company has pledged to pay workers' outstanding dues in phases, starting March 9, with funding from the Ministries of Finance and Labor.
As per the company estimates, it needs 5.5 to 6 billion Bangladeshi Taka to settle wages, a sum it was unable to secure through previous requests for government and bank assistance. Beximco's financial troubles are compounded by the legal issues of its owner, Salman F Rahman, who has been imprisoned since August. Additionally, money laundering allegations have further strained the company's finances.
Initially, the interim government considered selling Beximco Group shares to cover worker payments, but ultimately decided to use government funds instead.
A significant exporter, Beximco Textiles averaged $32 million in monthly exports over the past six years, reaching $59 million in 2022. The factory closures cast doubt on the future of these workers and the company's contribution to Bangladesh's economy.
In a pioneering move that signals a paradigm shift in India's textile industry, the Textiles Committee, under the Ministry of Textiles, has unveiled a groundbreaking national initiative to tackle post-consumer textile waste. This forward-thinking project aims to establish a robust, community-driven system for the collection, segregation, and repurposing of discarded garments, setting a new benchmark for sustainable textile practices in India.
Led by CEO & Secretary, Textile Committee, Kartikay Dhanda, the initiative envisions a circular economy where discarded garments find new life, aligning with global sustainability standards and setting a benchmark for responsible consumption.
A Shared Responsibility: Addressing the environmental imperative
"It's our responsibility to ensure a sustainable future for generations to come," asserted Kartikay Dhanda, Chief Guest of the session and CEO of the Textiles Committee, addressing the audience at GTTES 2025. Highlighting the environmental challenges posed by textile waste, Dhanda emphasized the urgent need for collective action.
"The sheer volume of textile waste demands immediate action. This initiative stems from our unwavering commitment to sustainability, drawing on the knowledge of over 150 textile graduates and the advanced capabilities of our state-of-the-art laboratories."
Community-Centric collection and collaboration
At the heart of the initiative lies a community-centric approach, designed to foster participation and ownership at the grassroots level. The project’s foundation is built on an efficient collection and segregation system, developed through strategic partnerships.
"Effective collection requires resources, dedication, and collaboration," Dhanda acknowledged. "Our model brings together state and central governments, NGOs, and private foundations, enabling door-to-door collection. This collaborative framework ensures that communities become active stakeholders in the circular economy."
A Scalable Model: National and global Impact
The project’s early success is sparking widespread interest across the country. Municipal corporations from various states are expressing eagerness to adopt the model, recognizing its transformative potential.
"Once the full impact of the initiative is demonstrated, we will publish a comprehensive success story to facilitate replication nationwide," Dhanda shared. "Moreover, European municipal corporations have shown interest in our model, viewing it as a best practice example for managing textile waste sustainably."
Future Innovations: Traceability and informed consumption
Looking ahead, the Textiles Committee plans to introduce innovative traceability solutions to empower consumers in making informed choices.
"We are developing QR code-enabled garments that will offer transparent information about a product’s lifecycle," Dhanda explained. "By making this information accessible, consumers can actively participate in the circular economy, fostering responsible consumption habits."
Beyond Waste Management: Cultivating a sustainable culture
The initiative goes beyond mere waste management it seeks to cultivate a culture of sustainability across India. By transforming discarded textiles into valuable resources, the project not only minimizes environmental impact but also creates new economic opportunities.
"Our vision is to inspire a shift in mindset, where discarded garments are viewed as resources rather than waste," Dhanda emphasized. "This initiative is a source of national pride and a testament to India's commitment to sustainable development."
India's leadership in circular economy
While concluding his address, Dhanda underscored the significance of India’s leadership in driving sustainable practices.
"By integrating innovation, collaboration, and environmental consciousness, we are paving the way for a brighter, more sustainable future. This project is a testament to India's unwavering dedication to circularity and environmental stewardship."
The Textiles Committee’s initiative sets a powerful example of how collective action, innovation, and community engagement can redefine the future of textile sustainability—both in India and across the globe.
In a world awash with discarded clothing, a beacon of sustainable innovation is emerging from India. Tapan K Raut, Director (MR) of the Textiles Committee, Ministry of Textiles, Government of India, is leading a groundbreaking initiative aimed at transforming textile waste into a valuable resource, setting a precedent for global sustainability.
"The sheer volume of textile waste is staggering," Raut emphasizes, highlighting the critical need for change. "Consider that a single t-shirt in production consumes over 2,700 liters of water. And when we talk about just two pieces of clothing, we're looking at over 10,000 liters. With over 100 billion garments produced annually, the environmental toll is immense."
The alarming figures underscore the unsustainable nature of the current textile industry. Beyond water consumption, the sector is a significant contributor to greenhouse gas emissions. "The average lifespan of a garment is a mere two to three years," Raut points out. "After that, they often end up in landfills, polluting our environment."
This stark reality has driven the Textiles Committee to launch a pioneering textile waste recycling project in Navi Mumbai, a first-of-its-kind initiative globally. "This project is unique, not just for the textile fraternity, but for the entire nation," Raut asserts. "We're reversing the traditional narrative where developing countries follow the West. We're showing the world how it's done."
Vision and Technological Approach: Building a circular value chain
At the heart of the project lies the vision of establishing a circular value chain for post-consumer textiles. "We are deploying cutting-edge technologies for fiber separation and recycling," explained Raut. "This will enable the production of high-quality recycled textiles, significantly reducing our dependence on virgin materials."
Transforming waste into wealth
The project is making remarkable strides in developing a robust technological infrastructure for textile waste management. "Our primary goal is to create a scalable and replicable model that can be adopted across the country and beyond," Raut revealed. "By employing advanced technologies to separate different types of fibers, we are making them reusable and contributing to a more sustainable economy."
A global model for sustainability
Raut underscored the project's broader vision: "We see the Navi Mumbai project as a blueprint for the sustainable textile industry of the future. Our commitment is to share our learnings and best practices with other nations, fostering a global movement towards circularity. We aim to demonstrate how technological innovation in textile recycling can match or even surpass the methods employed by western countries."
Collaboration and Innovation: The road ahead
"Collaboration and innovation are the cornerstones of this initiative," Raut concludes, "We are actively engaging with industry stakeholders, researchers, and policymakers to co-develop sustainable solutions. By raising awareness and encouraging responsible consumption, we aim to drive a transformative shift in the textile industry one that prioritizes circularity and sustainability."
The Navi Mumbai Pilot Project stands as a testament to the transformative potential of technology in creating a more sustainable textile industry, paving the way for a greener, more responsible future.
