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The industry leader in flat knitting technology, Stoll has recently launched two new innovation packages. These packages aim to make Stoll’s high innovative strength even clearer and enable customers to benefit from it more quickly.

The innovation packages have the benefits for customers in focus and were tailored to the respective target groups. Every optimization contained therein leads to a decisive improvement in production. All of the solutions developed can be easily integrated into existing Stoll machines.

Innovation package Number One is aimed explicitly at knitters who focus on technical textiles. The focus is on convenience and process acceleration. Simple network configuration, expansion of the number of NP values, extended functionality when loading and saving the pattern and also improvement of handling in connection with Production Management from PPS are just some of the features of the package.

The Number Two innovation package includes improvements for the maintenance area – regarding the use of lubricants and the maintenance intervals– as well as optimizations in terms of sustainability, for example when it comes to reducing consumption of oil and increasing reliability. These solutions will be suitable for all machine types and applications. The focus here is on improvements in belt take-down, the import and export of data and support for additional storage feeders.

In addition, the development teams are currently working on optimizing various knitting qualities and increasing user-friendliness.

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World's leading industrial thread manufacturer, Coats Group plc has signed an agreement to sell its business in Brazil and Argentina to Reelpar SA, an entity backed by a Sao Paulo Private Equity Firm. The deal is expected to complete in May.

As per reports, the transaction will result in a positive annualized impact of circa 50bps uplift to the Group's adjusted operating margins. Under the terms of the disposal, Coats will fund $10m to Reelpar SA to support restructuring of the business.

Announced in March, the exit from the Brazil and Argentina business will accelerate Coat’s sales growth and transform the company.

Coats is the world's leading industrial thread company. At home in some 50 countries, Coats has a workforce of over 18,000 people across six continents. The group provides complementary and value-adding products, services and software solutions to the apparel and footwear industries. It also applies innovative techniques to develop high technology performance materials threads, yarns, fabrics and composites in areas like personal protection, telecoms, energy, transportation, and household and recreation.

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Scheduled for June, 2022 edition of China’s YIWUTEX has been postponed due to fresh rise in pandemic cases and renewing of restrictions in Shanghai and parts of China. As per a Knitting Industry report, taking into consideration the health and safety of all participants, the organizers decided to postpone the 22nd China Yiwu International Trade Fair for Functional Yarn & Knitting & Hosiery Machinery and The 11th China Yiwu International Trade Fair for Sewing & Digital Printing Machinery, known collectively as YIWUTEX22 was scheduled for May 10-12, 2023.

The organizers also decided to organize a Seamless Garment and Hosiery Technology Forum at Yingyun Innovation Plaza during the fourth quarter of 2022. The forum will cater to the growing demand of seamless garments, and the call for transformation and upgrading of the industry.

The event will highlight industry topics ranging from smart manufacturing, forefront technologies to new materials and innovative designs through a series of showcases, forums and meetings. It will provide a platform for professionals to network with industry peers.

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As per Pakistan Bureau of Statistics (PBS) stats, total value of textile imports during the first nine months of FY2021-22 increased 25.59 per cent to $3,499.68 million against $ 2,786.5 million in July-March 2020-21. However, import of raw cotton declined 14.57 per cent to 533,871 metric tons.

A similar trend was seen in import of synthetic fiber which declined 15.85 per cent to 291,364 MT in terms of quantity while it rose 27.51 per cent from to $562.281 million in value. Import of synthetic and artificial silk yarn increased 30 per cent in value while it declined 7.64 per cent in quantity to 293,191 MT. Imports of worn clothing surged 56.87 and 66.47 per cent both quantity and value during the period. Pakistan imported 764,139 MT of worn clothing worth $341.319 million during the period as compared to 487,107 MT of worn clothing having a value of $205 million. Import of other textile items increased 21.64 per cent during July-March 2021-22 and surged to $740.383 million from $608.677 million in the first nine months of 2020-21.

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The new EU-Ukraine Textile Initiative (EUTI) by Euratex aims to facilitate cooperation between European and Ukrainian textile and apparel companies. The initiative will offer a single contact point for Ukrainian companies with their EU counterparts, and vice versa. That connection will help companies match supply and demand, engage in public procurement and offer company-to-company support. To be coordinated in close cooperation with UKRLEGPROM, the Ukrainian Association of enterprises of textile & leather industry, the initiative will be managed by Olena Garkushag of Ukrainian textile industry.

In 2021, EU exported textiles and garments worth €1.3 billion to Ukraine while imports from the nation totaled €500 million. Dirk Vantyghem, Director General, Euratex believes, EU and Ukraine can expand their relationship in the long run by partnering in the PEM Convention. They can also benefit from the EU’s proposed suspension of tariffs on imported products from Ukraine.

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In its Q4FY2022, Sutlej Textiles and Industries reported a 41.40 per cent rise in net profit to Rs 51.64 crore from Rs 36.52 crore profit recorded in Q3 FY2022. As per an Equity Bulls report, total income rose 9.46 per cent to Rs 901.02 crore in Q4 ended March 31, 2022 compared to Rs 823.12 crore during the third ended December 31, 2021. The company reported EPS of Rs 3.15 for the quarter.

On a yearly basis, Sutlej Textiles and Industries posted net profit of Rs 51.64 crore for 2022 as against net loss of Rs 27.77 crore for 2021. A leading textile solutions provider, Sutlej Textiles and Industries manufactures textile products extending from yarns and fabrics to home furnishing. Since its inception, the company has been making superior spun yarns that have set industry benchmarks for innovation. It processes one of the largest product portfolios of spun-dyed and cotton blended and cotton mélange and dyed yarns in India.

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Mame Annan-Browne has been appointed new Global Head-Environmental, Social and Governance (ESG) by Kontoor Brands, a global lifestyle apparel company with two of the world’s most iconic brands Wrangler® and Lee®, in its portfolio

In her new role, Annan-Brown will manage Kontoor’s global ESG efforts. She will also spearhead the company’s engagement with environmental, health and safety, corporate social responsibility, corporate governance, sustainability, diversity and inclusion standards, etc. She will be the company’s representative in organizations promoting ESG issues across the business landscape. Annan-Brown will continue to oversee the company’s Global Communications and Public Affairs. She will be responsible for all aspects of global corporate communications, government relations, global philanthropy, and charitable giving.

Annan-Brown will also lead Kontoor’s ESG Council to establish a foundational ESG framework and roadmap that establishes Kontoor’s priorities and vision relating to ESG matters, and prioritizes and recommends policies, practices, and disclosures that conform to the strategy.

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The 12th edition of the Bangladesh Denim Expo was held from May 10-11, 2022 at the International Convention Centre in Bashundara, Dhaka. As per a Textile Today report, held twice a year, the international denim trade show allowed select vendors to interact, build contacts and meet other stakeholders in the industry.

Archroma – a global leader in dyes and specialty chemicals with a strong focus on sustainability and innovation, showcased new aniline-free indigo dye, Denisol® Pure Indigo 30 liq, it reduces risks when producing traditional, iconic indigo blue that consumers associate with denim and jeans.

Another exhibitor was, Austtex one of the most innovative-driven companies in the chemical textile industry. It is a renowned expert in chemicals for pretreatment, dyeing and dyestuffs, printing and coating, finishing, garment dyeing, and denim washing.As a part of the global Bozzetto Group, the company now supplies to the entire textile value chain by partnering with renowned textile companies.

Renowned jeans manufacturer, Bossa showcased a wide range of high-quality denim fabrics, with a high production capacity in dyeing and finishing. Participants witnessed their Quality Management System that enables to effectively handle a competitive market resulting from globalization, changing consumption patterns, and consumer behavior.

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Bangladesh leads US apparel imports in Q1FY22 OTEXA

In the first quarter of 2022, the US’ imported 24.72 per cent more apparels from Bangladesh and Indonesia, as against the same period last year, says latest Commerce Department’s Office of Textiles and Apparels (OTEXA) figures. As per a Sourcing Journal report, the country imported 50.12 per cent more apparels from Bangladesh totaling 0909 million SME during the quarter. It’s shipments from Indonesia surged by 46.83 per cent to 376 million SME.

Imports grow despite tariffs, production hurdles

Compared to a year ago, US’ apparel imports from China increased 25.64 per cent to 2.85 billion SME from January to March as against last year. Growth was achieved despite ongoing tariffs and diversification of sourcing from China. The US government is striving hard to introduce a feasible tariff exclusion process for exporters, says Steve Lamar, President and CEO, American Apparel & Footwear Association (AAFA). Overcoming production hurdles, Vietnam shipped 18.11 per cent more goods in the first quarter Y-o-Y to reach 1.36 billion SME.

Shipments from India also rose by 34.24 per cent during the quarter to 415 million SME, while imports from Cambodia grew 14.98 per cent to 371 million SME. The US also imported 22.59 per cent more garments from Pakistan totaling 257 million SME during the quarter.

Nearshoring fuels interest from Central America, Western Hemisphere

Exports from other suppliers also benefited from the nearshoring during the quarter. Mexico’s exports went up 11.87 per cent to 214 million SME, while from Western Hemisphere neighbors Honduras and El Salvador saw a jump of 9.21 per cent to 212 million SME and 7.41 per cent to 164 million SME, respectively.

Facilitated by the Central American Free Trade Agreement, interest in the Central American apparel industry also grew. However, the region lacks sufficient investment opportunities. To push up investments AAFA has launched a coalition to engage stakeholders and policymakers to find ways to incentivize investments, says Lamar.

New investments to boost economic development in the region

Hosted by Jose Fernandez, US Under Secretary of State for Economic Growth, Energy and Environment, a recent meeting between the National Council of Textile Organizations (NCTO) and regional textile industry associations attracted US and Central American textile and apparel executives and investors who discussed trade policies supporting economic development in the region. To boost economic opportunities in the region, the textile industry has invested over $20 billion in the US, informed Kim Glass, President and CEO, NCTO. It has also invested billions of dollars in the western hemisphere over the last decade.

ThinkHUGE (Honduras, USA, Guatemala, El Salvador) also announced $340 million investments in textiles and $680 million investments in renewable energy production in the region. The initiative aims to attract investments worth $10 billion in these four countries over five years. It also aims to to create 500,000 direct and 1.5 million indirect jobs. It has already attracted $1.9 billion in new investments that would help create an estimated 160,000 jobs.

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Workers agitation in garment factories compels buyers to pull out of Sri Lanka

On April 28, this year, parties-led trade union instigated workers at the main Katunayaka Free Trade Zone to stop work in protest against the inhuman treatment being meted out to them. Free trade zones in Sri Lanka have been facing numerous faces including frequent power cuts due to lack of fuel to power generators. These disruptions are impacting manufacturers as buyers are shifting orders to Bangladesh. Dhammika Fernando, Secretary, FTZ Manufacturers Association says, buyers aware of the situation in Sri Lanka are pulling out despite manufacturers assuring them of timely deliveries.

Airports closure may intensify crisis

The crisis may intensify if the government closes airports and ports in the country, warns Fernando. This will hinder Sri Lanka’s garment trade with SMEs being the worst sufferers, he adds. Currently, free trade zones in Sri Lanka are not facing any power crisis. However, interruptions continue at factories outside the zone. As a result, apparel manufacturers are urging Ceylon Electricity Board (CEB) to refrain from imposing power cuts in these factories.

Trade unions ensure unhindered work at factories

As per a Sunday Times report, the ongoing agitation at garment factories has caused concern amongst other trade unions who have decided to resume the protest only after working hours in order to allow unhindered production at factories, says Anton Marcus, General Secretary, FTZ and General Services Union. The situation at factories intensified after a few managers, who had earlier allowed workers to participate in the protest, later asked them to complete their tasks on a different day. This was opposed by workers who refused to complete the task, adds Marcus.

The campaign on May 6 was joined by workers at Katunayake, Ekala and Biyagama zones. While some factories continued with normal operations on this day, others declared a holiday. They also prevented workers from joining the agitation by threatening to cut their pay. On the day of the agitation, protestors blocked roads leading to the FTZs of Katunayake and Biyagama zones, preventing workers from entering the factory premises. They also forced buses bringing workers to the FTZ to turn around. This forced many workers return to their homes.

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