Associations
Business, collaboration, and investor networking for global textiles sector
Global textile industry is under stress with weak demand. The textile sector needs a demand uptick and is looking towards product and market diversification. There is a timely need for a global platform to discuss the current market situation and help with the identification of products and markets. To cater to the needs of the textile industry, Diagonal Consulting (India) is organizing a two-day high-powered event in Ahmedabad, “intexcon,” October 22-23, 2024, which will have big players from India and other countries participating.
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IAF and ITMF unite global fashion and textile leaders
The joint ITMF Annual Conference and IAF World Fashion Convention was held on September 8-10 in the historic city of Samarkand, Uzbekistan. This year’s convention, co-organized by the International Apparel Federation (IAF) and the International Textile Manufacturers Federation (ITMF), and hosted by Uztextileprom, the Uzbekistan Textile and Garment Industry Association, and the Chamber of Commerce & Industry, Uzbekistan highlighted the crucial interdependence of our sectors.
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ITM 2024 Final Assessment Report is published
The highly anticipated final assessment report of ITM 2024 International Textile Machinery Exhibition, which brought the world textile technology leaders together in Istanbul for 5 days, has been published.
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VDMA members to participate in CAITME expo
CAITME, taking place from 11 to 14 September in Tashkent, Uzbekistan, will see a strong participation of VDMA member companies. About 25 VDMA members will take part in the event. Among the numerous VDMA companies present at the trade fair with their own booth or through agents, 13 companies will be exhibiting in the area of the official German Pavilion, organised by the German Federal Ministry for Economic Affairs and Climate Action and initiated by VDMA: Brückner Textile Technologies, Erbatech, Georg Sahm, Groz-Beckert, Heusch, KARL MAYER STOLL Textilmaschinenfabrik, KURIS Spezialmaschinen, Lindauer DORNIER, Oerlikon Textile, Stäubli Bayreuth, STC Spinnzwirn, THIES, Xetma Vollenweider.
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Italian textile technology at CAITME 2024
At the upcoming edition of CAITME, to be held in Tashkent, Uzbekistan from September 11 to September 14, 2024, 16 Italian textile machinery manufacturers will exhibit in the common area set up by the Italian Trade Agency and ACIMIT.
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Winners of the ITMF Awards 2024
ITMF has just announced the winners of the ITMF Awards 2024. They will present their projects at the upcoming ITMF & IAF Conference 2024 which will be held from 8-10 September 2024 in Samarkand, Uzbekistan and will be co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS).
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Winners of the ITMF Start-up Award 2024
The winners of the ITMF Start-up Award 2024 will present their business models at the upcoming ITMF & IAF Conference 2024 which will be held from 8-10 September 2024 in Samarkand, Uzbekistan and will be co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS).
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Associations
The business situation remains dire, but expectations stay positive
ITMF’s Global Textile Industry Survey (GTIS) in July 2024 reveals that the global textile value chain remains in a very challenging business environment. Even though on average the business situation is dire which reflects a low order intake, business expectations in six months’ time stay positive. This very mixed picture shows that companies are expecting that this unprecedented long duration of a weak business cycle must come to an end eventually.
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Shipments of new textile machinery rose in most segments in 2023, except in texturing
In 2023, global shipments of new short-staple and long-staple spindles rose by +2% and +5%, respectively, and dropped by -17% for open-end rotors (year-on-year). Deliveries of draw- texturing spindles decreased by -28% while the number of shipped shuttle-less looms rose by +52%. Shipments of large circular knitting machines grew by +17% and shipped flat knitting machines registered a 60%-increase. The sum of all deliveries in the finishing segment remained stable on average.
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AATCC Textile Standards adopted by Colombian and Sri Lankan Governments
AATCC test methods and procedures are international standards, meeting the criteria set forth by the World Trade Organization and used around the globe. The standards gain additional recognition through Memoranda of Understanding with Colombia and Sri Lanka.
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Associations
Position Statement: Textile machinery for a sustainable textile industry
In a position paper published on 26th July, the companies organised in the VDMA Textile Machinery Association comment on the ambitious EU regulations and their national implementation for the sustainable and circular transformation of the textile and clothing industry.
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Italian Textile Machinery: Orders still declining in 2024 second quarter
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).
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S&P Global Inc. (UK) joins ITMF as Corporate Member
S&P Global provides essential intelligence – analytics and workflow solutions in the global capital, commodity and automotive markets. One of the 5 business divisions - S&P Global Commodity Insights’ coverage includes chemicals & fibers, oil and gas, power, metals, agriculture and shipping. S&P Global Commodity Insights comprises well-known and market leading brands following the merger of IHS Markit with S&P Global in March 2022.
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