Category: Global

Ethiopia optimistic about growth of garment and textile sector

Ethiopia, east Africa’s largest economy and most populous at 100 mn people, is pursuing an ambitious industrialization development strategy. One of the main parts of Ethiopia’s industrialisation drive is the textile and garment sector, which the government hopes will substantially boost export revenue while creating mass employment opportunities for Ethiopians. Ethiopia’s aim to earn $1 bn from textile and garment production in several years’ time may seem too ambitious, given the sector’s revenue of only $89.3 mn in the fiscal year that ended on July 8, industry players are optimistic on the way forward. The country is working on...

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Kornit to demonstrate Express Fashion capabilities

Kornit Digital Ltd., a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, recently announced that during this year’s New York Fashion Week and Textile Month, it will co-host a symposium with the Fashion Institute of Technology (FIT) to discuss how digital printing is becoming an enabling technology for the fashion industry’s transition to ultrafast on-demand fabric and garment decoration. The company also announced that collections designed by students of the Academy of Art University of San Francisco, using the Allegro roll-to-roll printer, will be showcased at a separate event on September...

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DSM names Olivier Janin to Head Sales & Marketing DSM Dyneema

DSM is recently announced that Olivier Janin is joining the company as its Vice President of marketing and sales DSM Dyneema as of 1 September 2017. He will become a member of the Strategic Leadership Team of DSM Dyneema and will report directly to Golnar Motahari Pour, President DSM Dyneema. Janin has broad global experience in sales and marketing and P&L positions in the material science sector. Most recently he served as executive director of chemical sales in Europe for Saudi Arabia Basic Industries Corp. Prior to joining SABIC in 2007 he worked for GE Plastics and Imperial Chemical...

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World’s master of fine tailoring Cifonelli is now coming to India

Uber-luxury men’s wear brand Cifonelli is marking its entry in India. The brand, known for its couture collection and elite clientele, will be available for the patrons at an exclusive on-invitation only trunk show in Mumbai and Delhi. The brand will be headed by Vault Luxury in the country. For the last 137 years, Cifonelli has been at the vanguard of the luxury tailoring establishing itself and representing the pinnacle in tailoring combining its impecable technique, the high quality fabrics and the modern touch with its homogeneity between French tradition, Italian lightness and English structuralism. The patrons will be...

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Global fabric output decline, while yarn production improve

Global fabric output is expected to stay stable in Q2/2017 The global yarn production improved in Q1/2017 quarter-on-quarter. Thereby, output in Asia, North America and South America improved, and it declined slightly in Europe. On an annual basis, the global yarn production in Q1/ 2017 increased versus Q1/2016. Global yarn stocks declined in Q1/2017 quarter-on-quarter with the most significant decline in South America. Also year-on-year, global yarn stocks fell slightly. Quarter-on-quarter yarn orders in Europe increased, while in South America they decreased. Compared to the same quarter a year ago, yarn orders also decreased in South America and increased...

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