Frankfurt, Germany: Texcare International celebrated its comeback from 6 to 9 November with an exceptionally high level of international participation and top marks from the participants. 305 companies from 32 countries presented their innovations in automation and energy efficiency. About 15,500 visitors from 122 countries came to Frankfurt. 

Over...

Casablanca, Morocco: EURATEX (the European Apparel and Textile Confederation) and AMITH (Association Marocaine des Industries du Textile et de l’Habillement) on 7 November signed a Memorandum of Understanding (MoU) during the 21st edition of Maroc in Mode (MIM 2024) in Casablanca. This MoU aims to foster deeper collaboration and mutual growth...

SHANGHAI, China: Global Fashion Summit, the international forum for sustainability in fashion, presented a special Shanghai Gala edition on 7 November during the China International Import Expo (CIIE). The event was presented by Global Fashion Agenda (GFA) and Chinamind NEXT and gathered key local and international fashion industry stakeholders for...

Kennewick, U.S.: Carbitex has announced the successful close of a new funding round, marking the culmination of a two-year effort to restructure the company. With five times sales growth projected in 2025, Carbitex is set to strategically expand global market presence.

The majority of the capital comes from longtime investors, including Michael...

New Delhi, India: The Confederation of Indian Textile Industry (CITI) hosted a groundbreaking capacity-building workshop today in Bengaluru, focusing on critical elements of sustainable and responsible business practices within the textile and apparel sectors. The event, titled "HRDD, CSDDD, and Chemical Compliance Workshop – Bengaluru," aimed to...

Winterthur, Switzerland: ARISE IIP, the pan-African developer and operator of world-class industrial parks, has partnered with African Export-Import Bank (Afreximbank) and Rieter, the world’s leading supplier of systems for manufacturing yarn from staple fibers in spinning mills. The unprecedented partnership will spearhead the “Africa Textile...

Rio Rancho, New Mexico, U.S.: Green Theme Technologies, Inc. (GTT), a leader in sustainable textile and materials science, is pleased to announce the successful closing of a $6 million Series C funding round. This funding will accelerate GTT’s mission to transform the textile industry with its EMPEL® high-performance, sustainable technology...

Wilmington, Delaware, U.S.: The Lycra Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and personal care industries, announced today it has launched its latest innovation for pantyhose waistbands, Lycra TOP COMFORT fiber.

In a recent study*, consumers indicated three of the top 10...

BERLIN, GERMany: Giftd, a new clothing gifting app that is set to recirculate unused consumer goods on a large scale, announced raising 535K EUR in an angel round. Among the angel investors are German family offices Thies Network and quantumReality, member of the Berlin Business Angels Club board, and impact-focused investor and accelerator ULTRA...

Milan, Italy: In the third quarter of 2024, the order index for Italian textile machinery, as reported by the Economics Department of ACIMIT, the Association of Italian Textile Machinery Manufacturers, showed a decline compared to the period July – September 2023 (-19%). In value terms, the index stood at 50.6 points (base 2021=100).

This drop is...