The sizeable Milliken and Company is about to get bigger

Related Keywords: acquisition, apparel, fabric, innovation, manufacturer, Milliken, Polartec, technology, Textile, workwear

United States
The sizeable Milliken and Company is about to get bigger
Summary: 
Milliken to expand performance textiles through acquisition. Polartec deal will also add to fleece, workwear and military apparel capabilities. The diversified textile manufacturer has signed a definitive agreement to acquire Polartec, a global brand that develops performance textiles for outdoor and military apparel, from Versa Capital Management. The acquisition is expected to close this month. Financial terms of the transaction

The sizeable Milliken & Company is about to get bigger.

The diversified textile manufacturer has signed a definitive agreement to acquire Polartec, a global brand that develops performance textiles for outdoor and military apparel, from Versa Capital Management.

The acquisition is expected to close this month. Financial terms of the transaction were not disclosed.

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Apparel Textile Sourcing Miami Show 2019 Wraps Up in Florida, Drawing Record Crowds and Top International Industry Players

Related Keywords: apparel, ATSM, brands, China, exports, fashion, Imports, social media, sourcing, supply chain, Textile, trade, United States

United States
Apparel Textile Sourcing Miami Show 2019 Wraps Up in Florida, Drawing Record Cro
Summary: 
The who’s who in the booming Florida apparel and textile industry came out in full force last month to record crowds at the Apparel Textile Sourcing Miami (ATSM) show, which wrapped up its second year on May 30. The three-day event hosted domestic and international textile mills and apparel factory exhibitors from 15 countries with an unprecedented 3,000 attendees, all giving a boost to the Florida apparel

The who’s who in the booming Florida apparel and textile industry came out in full force last month to record crowds at the Apparel Textile Sourcing Miami (ATSM) show, which wrapped up its second year on May 30.

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Teijin develops 100 percent recycled cotton-like polyester yarn

Related Keywords: apparel, cotton, fabrics, fashion, fibres, polyester, technology, Teijin, UV protection

Japan
Teijin develops 100 percent recycled cotton-like polyester yarn
Summary: 
Teijin Frontier, the Teijin Group’s fibres and products converting company, has developed a new cotton-like high-performance polyester material for athleisure fashion. The new material has been developed to combine the look and texture of cotton with superior properties for moisture absorption, quick drying and UV protection. Notably, the cotton-like features are achieved with polyester

Teijin Frontier, the Teijin Group’s fibres and products converting company, has developed a new cotton-like high-performance polyester material for athleisure fashion.

The new material has been developed to combine the look and texture of cotton with superior properties for moisture absorption, quick drying and UV protection. Notably, the cotton-like features are achieved with polyester filament yarn, not a staple fibre. What’s more, Teijin Frontier’s new material is eco-friendly because it is made with recycled raw materials.

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Indian textile industry aims the 350 billion dollor mark by 2025

Related Keywords: apparel, cotton, exports, fabric, fashion, fiber, Garments, import, India, Industry, revenue, Textile, yarn

India
Indian textile industry aims the 350 billion dollor mark by 2025
Summary: 
India, which is emerging as a global textile hub with huge potential, needs to develop man-made fibre to remain competitive in the global market and it aims to be a $350 billion industry by 2025, industry officials

India, which is emerging as a global textile hub with huge potential, needs to develop man-made fibre to remain competitive in the global market and it aims to be a $350 billion industry by 2025, industry officials June 6 said.

"It is high time that the industry changes its approach to move into the second growth phase and aim for exports of around $100 billion from the current $40 billion," Textiles Secretary Ajit B Chavan said at the CII Texexcel 2019, the National Textiles 4.0 Summit here.

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Chinese imports may impact the cost of everything

Related Keywords: apparel, China, clothing, export, import, manufacturing, production, tariff, trade, United States, war

United States
Chinese imports may impact the cost of everything
Summary: 
By now you may have heard that increasing tariffs on imports from China may impact the cost of everything from sneakers to patio furniture by up to 25%. But in many categories, it’s still unclear how that increased cost could impact the end

By now you may have heard that increasing tariffs on imports from China may impact the cost of everything from sneakers to patio furniture by up to 25%.

But in many categories, it’s still unclear how that increased cost could impact the end consumer: that’s you, who’s trying to buy a shoe or a lawn chair.

Direct-to-consumer apparel company Everlane showed the New York Times how much prices for its popular products could change once new tariffs are included in production costs.

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Aquafil aquires OMara Inc. For $40.5 Million in USA

Related Keywords: apparel, Aquafil, CAFTA, Dryarn, econyl, O’MARA, polyester, Textiles, United States

United States
Aquafil aquires O’Mara Inc. For $40.5 Million in USA
Summary: 
Today Aquafil S.p.A. finalized the acquisition of 100 percent of O’Mara Inc. for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil

Today Aquafil S.p.A. finalized the acquisition of 100 percent of O’Mara Inc. for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA Inc.

O’MARA Inc.

O’Mara Incorporated — founded in 1970 — produces nylon, polypropylene and polyester fibres mainly in solution-dyed colors in its plant based in Rutherford College, N.C. In 2018, O’Mara reported a turnover of $40.1 million, with margins in line with those of Aquafil Group.

Integration of O’Mara into Aquafil Group

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Apparel Textile Sourcing Miami Opens to Record-Setting Crowd

Related Keywords: apparel, ATSM, brand, fashion, knitting, Sandler, Textile, United States, United States Fashion Industry Association, USFIA

United States
Apparel Textile Sourcing Miami Opens to Record-Setting Crowd
Summary: 
The second annual Apparel Textile Sourcing Miami (ATSM) show kicked off on Tuesday at the Mana Wynwood Convention Center with great fanfare and drawing record attendance. More than 1,200 visitors passed

The second annual Apparel Textile Sourcing Miami (ATSM) show kicked off on Tuesday at the Mana Wynwood Convention Center with great fanfare and drawing record attendance. More than 1,200 visitors passed through the show doors on opening day alone, with 3,500 more expected on day two for Fashion Day, which will be headlined with a designer fashion seminar series and a fashion show extravaganza showcasing the designs of the Magic City’s “local heroes.”

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Urban Outfitters looks to rent clothes

Related Keywords: apparel, clothes, fashion, fashion industry, global data, Nuuly, renting, research, sustainability, Urban Outfitters

United States
Urban Outfitters looks to rent clothes
Summary: 
The sharing economy is now making its way into the fashion industry as Urban Outfitters looks to rent clothes to younger fashionistas. The retailer is launching an online subscription service allowing people to borrow six items to wear for a month before swapping them. The firm says that in terms of clothing, millennials in particular want variety

The sharing economy is now making its way into the fashion industry as Urban Outfitters looks to rent clothes to younger fashionistas.

The retailer is launching an online subscription service allowing people to borrow six items to wear for a month before swapping them.

The firm says that in terms of clothing, millennials in particular want variety and sustainability.

The womenswear service, called Nuuly, will launch in the US this summer.

0

Wearable technology is on the cusp of a major transformation

Related Keywords: apparel, clothing, fabrics, fashion, forecast, Garments, innovation, technology, Textile, wearable tech

United States
Wearable technology is on the cusp of a major transformation
Summary: 
How many times have you seen a headline around “smart clothing” or “wearable tech” and you’ve been disappointed that the product doesn’t look so wearable at all? Personally, I don’t have enough fingers

How many times have you seen a headline around “smart clothing” or “wearable tech” and you’ve been disappointed that the product doesn’t look so wearable at all? Personally, I don’t have enough fingers to count the amount, quite honestly. Despite being sold as "wearable", much of the time, wearable tech is cumbersome and awkward, and never really works as intuitively as you'd like.

0

Offshore apparel manufacturing may move back home as automation takes over

Related Keywords: apparel, apparel manufacturing, Bangladesh, China, export, fabric, garment, import, jeans, labour, manufacturing, production, sewing, supply chain, Textile, tshirt, workers

China
Offshore apparel manufacturing may move back home as automation takes over
Summary: 
Offshoring of apparel manufacturing has been a blessing for many developing countries. The readymade garments (RMG) industry, employer of 4 million workers, mostly rural women, contributes more than 80 percent to Bangladesh's export

Offshoring of apparel manufacturing has been a blessing for many developing countries. The readymade garments (RMG) industry, employer of 4 million workers, mostly rural women, contributes more than 80 percent to Bangladesh's export revenue. Low-cost labour has been the primary reason for western retailers to wait for months to get a shipment from offshore destinations. Once technology becomes a cheaper alternative to the least costly manufacturing labour, will apparel manufacturing complete the journey in returning home?

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4.7 million pounds allocated to boost textile recycling  
  14 Jun , 2019 Read full story  
The sizeable Milliken and Company is about to get bigger  
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