Textination Newsline - May 24, 2016

© Petra Bork / pixelio.de   

Crisis hits Russian Fashion Market hard

Sales of apparel and home furnishings will continue to decline in 2016. Lower real income leads to falling demand. Russian customers buy fewer clothes and are increasingly watching the price. Most sales shrink in the medium price segment. Fashion chains react on the declining market volume by closing stores and focus on profitable locations. In contrast, the online trade is growing. >> read more  

New engineered core facility

Hexcel today broke ground on a new $20 million engineered core facility at the MidParc Free Trade Zone Industrial Park in Casablanca, Morocco. Presiding over the groundbreaking ceremony were Hexcel Vice President and General Manager, Thierry Merlot, and Mr. Moulay Hafid Elalamy, Moroccan Minister for Industry, Commerce, Investment and Digital Economy.

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Lectra innovates leather cutting

Lectra’s automotive leather conference ushers in the new paradigm of leather cutting room digitalization. Over 60 attendees, including decision-makers from more than 20 countries, gathered at Lectra’s International Advanced Technology and Conference (IATC) center in Bordeaux-Cestas to discuss the impact of digital transformation on the automotive leather value chain.

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Company News

 

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News

DyStar: Color Solutions International forms trend color partnership

Swissmem: symposium in Iran

EFI Reggiani: digital printer for high quality fabric-printed displays

Bolt Threads: USD 50 million investment

Hohenstein: digital analytical process for textiles on the skin

Teijin: new masterbatch flame retardant with high transparency and colorability

News

Edana: call for papers

Performance Days: recycling and color card for sport

ACIMIT: domestic orders for Italian textile machinery increase in Q1/2016

Techtextil NA: successful conclusion

ITMF: textile machinery shipments slightly down in 2015

World fiber production -0.7%

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