Amazon, H&M Team and Zara owner Inditex have rallied around the humanitarian crisis in Turkey and Syria adhering to a pair of powerful earthquakes that rocked both equally international locations on Monday, pulverizing properties into rubble and killing at minimum 19,000 people as a bitter winter season chilly and electrical […]
Industry
Global textile industry facing 2023 ‘perfect storm’
World wide textile sector experiencing 2023 ‘perfect storm.’ Credit score: [Roberto Westbrook- Getty Images] The 19th edition of the ITMF World wide Textile Sector Survey uncovered that the international company scenario in the textile sector has been detrimental given that June 2022 and is nonetheless deteriorating. Firms about the environment […]
Garment and textile industry look to turn fortunes around with green transition
HÀ NỘI — The garment and textile sector is forecast to proceed struggling with complications in the coming months after publishing a two-digit drop in export income in the to start with quarter, pushing the industry to a urgent need of going inexperienced to enrich competitiveness. In accordance to statistics of […]
10 years after Rana Plaza, is Bangladesh’s garment industry any safer?
Written by Oscar Holland, CNN Trade union leader Babul Akhter was working at Bangladesh’s labor ministry in Dhaka on the morning that Rana Plaza, a nine-story building crammed with garment factories, collapsed. He rushed to the scene in Savar district, around 20 miles outside the capital. There he heard the […]
Textile Industry Maps Opportunities for Innovations in Fashion Apparel
SAN FRANCISCO, April 20, 2023 /PRNewswire/ — The global textile sector measurement stood at USD 1.7 trillion in 2022 and will witness an upward advancement trajectory with the soaring footprint of retail shops and supermarkets, in accordance to the “Textile Sector Data Book, 2023 – 2030,” posted by Grand Watch […]
Purified Terephthalic Acid (PTA) Market size to grow by USD 45.16 billion from 2022 to 2027, Increase in demand from the textile industry to drive the market growth
NEW YORK, April 21, 2023 /PRNewswire/ — The global purified terephthalic acid (PTA) market size is estimated to increase by USD 45.16 billion from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 8.46{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} during the forecast period. The PTA market is predominantly driven by the increase in demand from […]