From the Sector

• Order intake of CHF 403.4 million in the first half of 2024, up 24% on the previous year period
• Sales of CHF 421.0 million 44% below first half of 2023
• Order backlog of around CHF 640 million at June 30, 2024
• EBIT of CHF 8.9 million and net result of CHF 1.7 million
• Significant cost reductions as a result of the “Next Level” performance program
• Outlook for the full year 2024 specified

In the first half of 2024, the Rieter Group posted an order intake of CHF 403.4 million (first half of 2023: CHF 325.0 million), which represents a significant increase of 24% compared with the same period of the previous year. Sales were CHF 421.0 million (first half of 2023: CHF 758.2 million). As expected, this was 44% lower than the previous year.

In a challenging business environment, Rieter achieved an EBIT margin of 2.1% thanks to strict cost management. The systematic implementation of the “Next Level” performance program led to a strengthening of profitability. Rieter recorded a profit at the EBIT level of CHF 8.9 million in the first half of 2024 (first half of 2023: CHF 25.2 million). The reduction of the cost base particularly in research and development as well as selling and administrative expenses contributed to this positive result.

Outlook for the full year 2024 specified
The markets remained under pressure from the economic slowdown, high inflation rates and noticeably dampened consumer sentiment. The first signs of a recovery in financial year 2024 have emerged in the key markets of China and India. Rieter expects demand to pick up further in the coming months.

For the full year 2024, Rieter anticipates sales in the range of CHF 900 million to CHF 1 billion and a positive EBIT margin of 2% to 4%.

In the second quarter of 2024, the order index for Italian textile machinery, as reported by the Economics Department of ACIMIT – the Association of Italian Textile Machinery Manufacturers, showed a decline compared to the period 2023 April-June (-17%). In value terms, the index stood at 49.8 points (base 2021=100).

This result is completely due to the decrease recorded in foreign markets (-22%), where orders represent 86% of the total. Conversely, in Italy, there was a 25% recovery compared to the second quarter of 2023. The absolute value of the index in foreign markets was 48.8 points, while in Italy it was 57.3 points. In the second quarter, the order backlog reached 4.3 months of assured production. Additionally, ACIMIT’s survey shows that in the first six months of 2024 the utilization rate of production capacity by Italian manufacturers was 61%. This percentage is expected to rise to 64% in the second half of the year.

Marco Salvadè, president of ACIMIT, stated: “The order index for the second quarter shows a clear slowdown abroad compared to last year. This decline highlights the high uncertainty due to the difficult geopolitical situation“. The confirmation of what is indicated by the ACIMIT index also comes from Italian export figures, updated to the first quarter of 2024. Excluding China and Egypt, the main foreign markets show a general decline in demand for textile machinery, not just Italian one.

Achieving Borealis’ vision of leading a sustainable transformation through innovative plastics and base chemicals solutions to create a fully circular future requires fresh thinking. Through the Borealis Scientific Innovation Awards (BSIA), Borealis provides a platform for ideas that accelerate the circular transformation and encourages the dedication and diligence needed to drive sustainable progress.
 
This year, the BSIA will recognize peer-reviewed publications or theses (publication paper, Bachelor, Master, PHD, Postdoc) that describe an innovative idea within the focus area of new solutions for the sustainable production and use of plastics. This includes e.g. new catalysts, energy efficient polymerization processes, recycling of polymers and polymeric materials for energy transformation.  
 
The call for submissions is open thinkers from the professional and academic scientific communities, from entrepreneurs, engineers, chemical engineers and start-ups to university researchers. Applicants can submit their peer-reviewed publication or theses (publication paper, Bachelor, Master, PHD, Postdoc) until September 15, 2024 via the Borealis website.  
 
Upon submission, a panel of Borealis research representatives will review the applications and select three winners. The awardees will be invited to present their work in person at an award ceremony at the Borealis Innovation Headquarters in Linz, Austria.  
 
The awards consist of a certificate, a cash prize (EUR 5,000 for first place, EUR 2,000 for second place, and EUR 1,000 for third place), a Borealis-funded trip to Linz, Austria and, of course, the invaluable opportunity for exposure and networking.

The Paris 2024 Summer Olympic Games are just around the corner and a global sports frenzy is underway. However, intense summer workouts often lead to sportswear absorbing excessive sweat, becoming clingy and cumbersome, causing discomfort and potentially impacting performance. A research team from the School of Fashion and Textiles at The Hong Kong Polytechnic University (PolyU) has developed the iActive™ sportswear range which features a root-like liquid transport system and a skin-like active perspiration dissipater and utilises nature-inspired, anti-heat textile fabrics to expedite sweat removal, effectively reducing the weight and stickiness of activewear caused by sweat accumulation during exercise.

The human body has millions of sweat glands that are vital for regulating body temperature by dissipating sweat for evaporation to cool the skin’s surface. With unabating greenhouse gas emissions, the number of very hot days annually is expected to increase significantly. This will lead to elevated energy consumption and increased sweating during physical activity and outdoor labour. Even when wearing highly breathable clothes with good sweat-wicking properties, individuals may still experience discomfort due to excessive sweat accumulation.

A research team led by Dr SHOU Dahua, Limin Endowed Young Scholar in Advanced Textiles Technologies and Associate Professor of the School of Fashion and Textiles at PolyU, has invented the iActive™, intelligent, electrically activated sportswear with a nature-inspired active perspiration function.

Its nature-inspired technologies, including low-voltage-driven artificial “sweat glands” created by skin-like anti-heat textile fabrics and a root-like branching liquid transport system that aligns with the body’s sweat map, can actively and programmably remove sweat to a perspiration dissipater at the lower region of the sportswear. The all-textile sweat dissipater is compact and operates at a safe output voltage of approximately 5-9V, and its battery is easy to detach from the clothing, making it convenient for users to repeatedly wash the clothing by hand or in a washing machine to maintain hygiene. When the human body’s sweat rate is low, iActive™ can still be used independently without the battery.

Based on the optimised wettability pattern and gradient, the research team utilises a skin-like textile fabric to transport sweat one-way quickly and dissipate it from the inside to the outside. This feature reduces the stickiness and weight of clothing, improves breathability and ensures the garments remain dry and comfortable to wear. Experimental findings indicate that iActive™ creates a breathable and dry skin microclimate by dissipating sweat at a rate that is three times faster than the maximum human sweating rate. This innovation can also prevent discomfort from coldness and moisture after a workout. In comparison to traditional fabrics, the textile materials in iActive™ are 60% lighter and 50% less clingy when soaked, providing the wearer with all-round comfort and enabling sports enthusiasts and athletes to perform at their best.

Furthermore, a mobile app further aids personalised sweat management by wirelessly adjusting the sweat level of iActive™. This innovation is versatile and can be seamlessly integrated into a variety of textile materials to facilitate sustainable mass production. Beyond sportswear, iActive™ is also well-suited to protective clothing and workwear for individuals engaged in prolonged, high-intensity physical labour and outdoor occupations, including healthcare professionals, construction workers, firefighters, law enforcement officers and others, thereby significantly enhancing their work performance.

Dr Shou Dahua stated, “The extreme weather and high temperatures resulting from global warming have elevated the importance of heatstroke prevention and cooling measures on a global scale. Drawing on the vivid phenomena of thermal insulation and directed liquid flow in nature, we aim to foster innovation and sustainable advancement in garment manufacturing by inventing intelligent clothing and materials to address global challenges. We seek to harness the power of technology to infuse fresh perspectives into the traditional clothing industry, thereby enhancing its competitiveness.”

His research team has also developed a premium fabric named Omni-Cool-Dry™, drawing inspiration from volcano dwelling beetles. This fabric not only provides ultra-fast sweat dissipation and ensures all-day comfort with its dry and breathable features under dynamic thermal conditions, but also reflects solar radiation and emits body heat into the cold universe, enabling passive cooling. The team is working hard to leverage the benefits of both inventions to further enhance the sweat-dissipating and cooling capability of iActive™ sportswear.

Dr Shou Dahua, a core member of the PolyU Research Institute for Intelligent Wearable Systems and the Research Centre of Textiles for Future Fashion, has recently been bestowed with the 2023 Distinguished Achievement Award by The Fiber Society for his outstanding contributions to the fields of personal thermal and moisture management, intelligent wearables and soft robotics. The accolade is presented annually to an individual researcher worldwide. He has also received international innovation awards, including consecutive TechConnect Global Innovation Awards in 2021 and 2022. Moreover, his research papers have been published in various internationally renowned academic journals including Science Advances, PNAS, Advanced Functional Materials, and Advanced Energy Materials. Dr Shou will be chairing The Fiber Society Spring 2025 Conference at PolyU.

The summer edition of Texworld Apparel Sourcing Paris welcomed nearly 1,200 exhibitors from 26 countries. This season event was characterised by a number of new features and the dynamics remained satisfactory. Next event: February 10, 2025, in a partially renovated Paris-Le-Bourget exhibition centre for a session rich in initiatives.

The latest edition of Texworld Apparel Sourcing Paris, offered in its full version with the Avantex and Leatherworld sectors, ended on July 3 with attendance levels down on the July 2023 session. Over and above a possible "Olympic Games effect" and its consequences on transport and accommodation costs in the capital, the current economic situation is prompting the show's organizers to explore all alternatives to adapt the offer to market demand. However, these results do not seem to have had any impact on the flow of business between visitors and exhibitors, who reported a fairly positive overall climate.

The dynamic on the booths remained steady and the exchanges satisfactory, as shown by several manufacturers particularly well established on the European market. Indian shirt manufacturer Sheraton Apparel, for example, made around thirty solid contacts over 3 days, and reported several serious approaches to African distributors. The same goes for SMIT, a Turkish company specialising in Made in Turkey sourcing, which was able to see its main European customers and open up new contacts with Canadian and Brazilian buyers.

An expanded offering
At the Near Sourcing Hub, the phygital sourcing space connected by QR Code to the B2B digital platform of Messe Frankfurt France partner FourSource, inquiries to exhibiting companies remained much the same as in 2023. The visitor profile, on the other hand, focused on buyers from networks of small multi-specialist boutiques looking for an original mid-to-top-range offering. It was in response to this market demand for differentiation that the show organizers decided to extend Apparel Sourcing's range to include new categories in the fashion accessories sector, such as jewelry and bags.

High-profile initiatives
Other innovations were also on show this summer. The yarn pavilion - a first conceived in collaboration with Yarn Expo, originally a Shanghai show run by Messe Frankfurt - showcased the expertise of Chinese, Indian, Pakistani and Taiwanese companies, while at the same time highlighting upstream products and services. At Avantex, where some twenty suppliers of solutions for more sustainable fashion were grouped together, the new Designer Hub enabled designers and buyers to discover some original initiatives, such as that of stylist Jean-Luc François' association, supported by Messe Frankfurt's Texpertise network, which trains people who are far from employment, or the 3D design studio Scotomalab.

Materra wins 2024 Avantex Fashion Pitch award
The Avantex Fashion Pitch jury has awarded the 2024 prize to Materra. This British start-up, founded in 2019, designs solutions to support the cotton cultivation adapted to climate change. At the other end of the chain, it offers brands a service designed on a Cotton-As-A-Service model that encourages them to source from the producers it supports. Materra will benefit from a €2,800 stand at Avantex Paris 2025 donated by Messe Frankfurt France, plus €2,000 from Texpertise Network, the textile sector network of the Messe Frankfurt Group, and 1 year's incubation at Foundry donated by IFA Paris, official partner of the competition.

A trendy area at Leatherworld
New for 2024, the Leatherworld sector inaugurated its Leather Trend area, developed in collaboration with publisher Edizioni AF and the Arsutoria School design centre. Designed around the expertise of Italian companies specialising in the manufacture of leather shoes and bags, this inspirational space presented the autumn-winter 25-26 trends through 4 creative axis built around the expression of simplicity, nature, dynamism (sportswear collections) and finally romanticism. Leather Trend was also an opportunity to discover the new leather tanning technology developed by Ecotan, which avoids the use of metals (Chrome) and chemicals in the leather preparation stages thanks to the use of vegetable tannins.

ISKO is taking part in the Kingpins Show in New York City. At the event taking place on 17 and 18 July at Pier 36, Basketball City, ISKO presents a selection from its diverse collections.

Attendees have the opportunity to explore a selection from ISKO’s main collection, alongside some of the company’s most innovative technologies and products. Each piece exemplifies ISKO’s commitment to blending sophisticated designs with sustainable practices.

The Main Collection is organized into five main macro groups:

• Inflexible: a range of rigid fabrics for contemporary needs, true to denim’s original heritage.
• Motion: combining comfort and an authentic look for good old rigid denim with freedom of movement.
• Extended: traditional denim aesthetic and its ultimate stretch expression. Elegance, treatments, and 4-way-stretch technologies.
• Elite: fabrics families where softness, shine, and silky feel reach their full potential.
• Momentum: unique finishes, intricate constructions, colored coatings, and special denim features.

Other highlights are:

• Casual Line: the premium experience showcasing a versatile and innovative woven fabric collection made with FSC® certified viscose and certified postconsumer recycled polyester.
• ISKO™ Luxury by PG: curated by Paolo Gnutti, this collection merges classic tastes with contemporary visions.

Finally, as ISKO’s FW 25-26 collection features RE&UP fibers, visitors can learn more about the circulartech company that recycles cotton, polyester and polycotton textile waste and transforms it into high-quality Next-Gen fibers, becoming the go-to alternative to virgin options.

On July 16, 2024, Rieter and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) have signed a purchase contract for more than 700 of the company’s winding machines Autoconer X6. This represents the largest order in the history of Rieter China. The agreement also strengthens the strategic partnership between the two companies that aims to develop spinning operations and achieve unprecedented levels of quality, productivity and efficiency.

DIW has placed an order for more than 700 of Rieter’s winding machines Autoconer X6. The winding machine serves as the final quality assurance in the ring spinning and compact-spinning process and is key to the performance of subsequent process steps. With its productivity, intelligent process automation, great splicing and winding quality, the Autoconer X6 is widely recognized in the market. The order will help DIW strengthen the vertical integration of its operations and accelerate its growth strategy in the cotton spinning industry, further underpinning its position in global markets. This order follows the initial batch placed in March 2024, when Rieter and DIW signed their first strategic partnership to develop intelligent yarn manufacturing technology that utilizes digitization and automation to minimize conversion costs and maximize value for customers.

The European Textile and Clothing industry (EURATEX) welcomes the proposed reforms to the EU's customs system, emphasizing the need for a modernized framework that addresses the challenges of the digital age and fosters a level playing field.

“Customs play a critical role in safeguarding fair competition within the EU Single Market and ensuring that products meet our environmental and safety standards,” states Dirk Vantyghem, EURATEX Director General. “We recognize the need for a reformed system adapted to the 21st century, particularly considering the growth of e-commerce and the increasing complexity of regulations.”

EURATEX highlights key priorities for a successful reform:

• Phasing Out De Minimis Exemption: EURATEX strongly supports abolishing the €150 import duty exemption for small consignments. This exemption has been exploited by e-commerce companies, creating unfair competition for European manufacturers. EURATEX urges immediate action to eliminate this loophole, rather than waiting until 2028.
• Harmonization and Streamlining: The organization calls for a unified customs regime across the EU, with simplified procedures and reduced administrative burdens for businesses, especially SMEs. This includes avoiding duplication of efforts and ensuring seamless interoperability between different customs information systems.
• Data Security and Transparency: EURATEX emphasizes the importance of robust data security measures within the proposed EU Data Hub. Clear regulations on data access, ownership, and cybersecurity safeguards are essential. Open collaboration between industry and policymakers is crucial in designing the Data Hub for optimal functionality.
• Effective Implementation of Trust & Check Trader (T&CT): The T&CT status offers potential benefits for companies through features like self-assessment. However, EURATEX raises concerns about practical implementation, particularly for SMEs struggling to obtain existing Authorized Economic Operator (AEO) statuses. Providing support for SMEs in obtaining this status is crucial.
• Interoperability and Data Sharing: EURATEX emphasizes the importance of the EU Data Hub's interoperability with various IT systems. Also, a uniform central IT network facilitating national and other legal requirements would be a significant step forward.
• Structured Dialogue with Stakeholders: The establishment of the EU Customs Authority (EUCA) is seen as a positive development for coordinating customs enforcement across the EU. EURATEX recommends a dedicated dialogue between the EUCA and stakeholders, including industry representatives, to improve overall coordination and effectiveness.

KARL MAYER launches its RE 4-1, a new Raschel machine for the efficient production of highly elastic textiles. With this newcomer, KARL MAYER is expanding its Elastomeric series and supplementing the established RE 4-1 as part of its two-product line strategy. With the price-performance ratio, the machine fulfils the requirements of the volume business in particular.

A 170″ version of the machine has already been on sale in China for several months. The pre-release got off to a successful start. Encouraged by the feedback from the market, KARL MAYER has developed an RE 4-1 with a working width of 190″ and will be offering both models to its global customers from middle of July 2024.

The RE 4-1 can be ordered with E 28 and E 32 gauges. The 170" version is also available with E 36. The standard equipment includes KAMCOS® 2, batching device 18 E, Carbon fibre technology and N-pattern drive for controlling the guide bars: stitch-forming GB 1 to GB 3 and inlayGB 4. There are also optional features, including sensors for measuring the yarn tension, laser stop, batching device 34 A, LED lighting and an installation kit.

With its technical configuration, the RE4-1 is optimised for the production of elastic and non-elastic standard fabrics, especially for the underwear sector. One of the top products of the Raschel machine with its high productivity and short amortisation time is elastic Power net. This open-meshed, airy fabric has become an indispensable part of the lingerie and clothing sector. It is often used in the wings of bras as well as for inserts in sports leggings, shirts, jackets and swimwear, where it provides delicate control and comfort. Power net can also be found in semi-technical applications, for example as outer and inner pockets for rucksacks and clothing.
In addition to Power net, Raschel Locknit, Sleek net and Satin net are also part of the production repertoire of RE 4-1. The fabrics with a decreasing density from Raschel Locknit to Satin net also play a role in underwear and clothing production. For their production, filament yarn is threaded in the front two guide bars and elastane in the back ones.

Today more than ever, sustainability in the fashion sector is an imperative that is reshaping the dynamics of the sector. These are important changes driven both by increasing CSR regulations (for example, Business of Fashion revealed that, according to 87% of players, the new regulations will impact their company in 2024), and by consumers’ habits (increasingly sensitive to the topic and consequently more careful in purchasing choices). In this scenario, Lectra analyzed real-time data from Retviews – its artificial intelligence-based solution specialized in competitive intelligence and automatic benchmarking – and unveils how Retviews’ empowers brands to navigate the complexities of sustainable and optimized collection planning.

According to Retviews data, to face sustainability challenges and best orient in the current complex fashion landscape, it will be crucial for brands to keep 5 key indications in mind:

1. Planning sustainable collections
Faced with the new regulations, brands are called to rethink their strategies, without losing sight on performance. For this reason, brands are already moving to optimize and rationalize the creative processes of their collections with a view to sustainability. In particular, Retviews' real-time data analysis reveals a growing trend towards sustainability in the collections of leading brands, where there are important investments in sustainable fabrics for both upper and lower garments. In particular, in the "Top" section, shirts show the most significant growth year over year among the eco-responsible options.

2. Sustainable prices (in every sense)
In this context, the redefinition of prices requires a strategic balance between market dynamics and the consumer's willingness to pay for products redesigned in terms of CSR. Retviews data shows a significant increase in costs in sustainable top collections. However, has this shift affected stock levels?

3. Inventories: optimized management
Tracking stock levels is crucial to season management, as it helps identify best-selling items and trends, as well as identify which items would sell better at full price versus those that should be discounted.
The new premium prices for sustainable collections require optimization of the sales rate, a waste limitation to minimum and a reduction of unsold goods rate.
Analyzing the tops category - In the tops category, where sustainably made products prevail with significantly higher price points than generic tops, Retviews' real-time data reveals that sustainable collections boast a higher sell-out rate compared to non-sustainable products. This superior sell-out rate underscores consumers' willingness to pay a premium for sustainability

4. Traceability and certification of collections
Certification is essential in verifying sustainability claims, fosters trust and ensures compliance. Not only that, it is also important to understand the value of the certifications and which ones appear most frequently in the various markets so as to make targeted decisions and adapt the assortments accordingly. This also let brands to prioritize the right mix of fabrics that can reflect the desires of local consumers. Retviews data highlights a particular focus on “Recycled Claim Standard” (RCS) certification in Europe and on “Fair Trade” and “Good Cashmere Standard” certified garments in the United States.

5. Mix of sustainable fabrics
About environmental impact, fabrics also play a fundamental role. Through data-driven tools, brands are able to find valuable information on sustainable materials that are gaining tractions in collections and thus make informed and strategic decisions in the process of planning their creations.