The Economic Coordination Committee of Pakistan’s cabinet has withdrawn customs duty on the import of cotton yarn. The customs duty will remain zero till June and is subject to the approval of the cabinet. The decision was taken on April 14 during a meeting presided over by federal minister for finance, revenue, industries and production Hammad Azhar.Pic: ShutterstockThe withdrawal of customs duty is meant to ensure smooth supply of cotton and cotton yarn and bridge the gap between domestic prod

According to the China National Intellectual Property Administration (CNIPA), the Chinese sewing machinery industry filed 7,326 patent applications in 2020, up 29.77 percent year over year. Patents for innovation accounted for 25.39 percent of the total, patents for novel accounted for 60.66 percent, and patents for appearance design accounted for 13.95 percent. In 2020, the CNIPA will award 518 new patent patients. The Chinese sewing machinery industry applied for 25,835 patents during the 13th

Before going to the details of the topics under the caption “Industry 4.0: A typical discussion and recommendation for the spinning industry in Bangladesh”, we need to understand Industry 4.0 and why this industry 4.0 is a concern for the industrial sectors (the writer covers the spinning sectors). Presently we are living in a digital world and digitization is ongoing throughout Bangladesh.We can say that the world is becoming smaller day by day but it does not mean that the word ‘smaller’ conce

Exports of apparel and fabric from the Southeast Asian nation of Indonesia are expected to decline during the first seven months of this year, mainly on account of the continuing impact of COVID-19 pandemic in the country as well as major regions of the world. Around 70 per cent of textiles produced in Indonesia are exported to the US, EU and Middle East.In 2019, Indonesia exported apparel and fabric worth $9,172.36 million, with a monthly average export of $764.36 million. Last year, the value

Texon’s ProWeave – a patented, jacquard weaving technology - has opened up new design possibilities, by enabling the production of continuous woven substrates with the zonal features product designers want, exactly where they want them. The technology makes it possible to seamlessly integrate functional and design weaving into a single sheet of material.Pic: TexonReimagining fabrics for the footwear, apparel, fashion and luxury goods industries, ProWeave transforms the way performance fabrics ar

BEAVERTON - Sportswear giant Nike has launched a new service in which returned shoes can be refurbished and resold, thereby extending their lifespan, to reduce waste.Initially available at 15 stores in the US, the service, called 'Nike Refurbished', will be rolled out to other locations over the coming months.Customers can return Nike shoes within 60 days of purchase and have their footwear sent to a specialist team which inspects and grades the shoes before refurbishing them by hand.Sou

The Vietnam Textile & Apparel Association (VITAS) and Amazon have signed a deal whereby Vietnamese textiles and garment firms will get the chance to promote their brands on Amazon Global Selling. Since products made in Vietnam are sold worldwide without brand names, this will provide them with an opportunity to showcase products at the global stage.Pic: ShutterstockIf the sales generated through the global direct selling channel of Amazon go according to plan, Vietnam's goal of having 30

TZP Group, an American multi-strategy private equity firm, has announced that TZP Small Cap Partners II, L.P. has acquired a majority stake in Akerson Enterprises LLC doing business as Kindred Bravely, a leading provider of maternity and nursing basics apparel.Founded in 2007, TZP Group manages approximately$2 billionacross its family of funds.Pic: ShutterstockLaunched in 2015 byDeeanne AkersonandGarret Akerson, Kindred Bravely is a digitally-native, direct-to-consumer brand focused on basics ap

India's annual rate of inflation, based on monthlyfor March 2021, stood at 7.39 per cent as compared to 4.17 per cent in February 2021. The index for textiles increased by 2.17 per cent, while it rose by 0.07 per cent for apparel in March, according to the Office of the Economic Adviser, ministry of commerce and industry.Pic: ShutterstockThe official WPI for all commodities (Base: 2011-12 = 100) for the month of March 2021 increased to 129.3 from previous month's 127.3.The index for manu

Leading Indonesian garment company Pan Brothers Tbk and South African MSME Faithfulness have signed a deal to set up a joint venture company. The new company, Pan Africa, will import personal protective equipment (PPE) half-processed garments from Indonesia and then finalise the processing at a Johannesburg factory.Pic: ShutterstockThe Indonesian Ambassador to South Africa, Salman Al Farisi, said in a statement after inaugurating the project on April 8: "Establishing a factory by involving