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  • 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
  • KARACHI - Pakistani textile manufacturer AGI Denim has been awarded gold level certification from the Cradle to Cradle Products Innovation Institute for it's HempX fabric.The award recognises environmental and social performance across five sustainability categories - material health, material reuse, renewable energy and carbon management, water stewardship, and social fairness.HempX, a blend of organic cotton, sustainable hemp and elastane made from recycled components, is one of the first
  • TOKYO – Teijin claims to have developed the world’s first ultra-fine recycled polyester filaments, which are just 700 nanometres in diameter.Using proprietary spinning technology, the ultra-fine polyester ‘Nanofront’ filaments are capable of producing, uniform, dense, but extremely lightweight knitted or woven textiles that are said to be much more soft and supple than traditional lightweight polyesters.The Japanese textile specialist has offered ‘Nanofront’ fibres for a number of years, but thi
  • Bangladesh apparel export to the USA surged in terms of volume in February 2021, according to the official data of the USA. The country exported $194.08 million SME of garments in February 2021, which was $89.73 SME of garments in the same period of last year.The USA saw an 8.70 percent fall in apparel import value in February ’21 on a Y-o-Y basis. The country imported US$ 5.39 billion worth of garments in February this year as against the US $ 5.91 billion in the same month of 2020.Figure 1: Ba
  • Top 10 of rising Top 10 of falling1、chemical fiber grey cloth1.85%1、thread ropes-3.16%2、linings1.59%2、garment linings-0.67%3、lace0.53%3、cotton and linen-0.51%4、polyester wool fabric0.39%4、viscose fabric-0.47%5、nylon fabric0.30%5、 polyester cotton fabric-0.46%6、100% cotton fabric0.25%6、blended fiber grey cloth-0.39%7、viscose wool fabric0.23%7、blended fabric-0.27%8、polyester fabric0.23%8、viscose-0.25%9、beddings0.21%9、linen viscose fabric-0.22%10、belts0.13%10、daily home textile-0.22%
  • The price of polyester rises slightly compared with last week.PTA stocks in East China are mainly 4440—4525 yuan/ton, 65—210yuan/ton higher than last week. MEG is mainly 5275—5322.5 yuan/ ton, 57.5—195 yuan/ ton higher than last week; Market quote of polyester chip rises compared with last week. Cash or acceptance of March of semi-gloss slice in Jiangsu and Zhejiang is about 6075 yuan/ton, about 75 yuan/ton higher than last week. The price of PFY in Xiaoshan and Shaoxing rises in some places and
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