#Associations

2020-05-20

Cotton and textile sectors call for collaborative action

BCI, CICCA, ICA, ICAC and ITMF are unified in promoting a common set of values and shared commitment to safe trading and contract sanctity across the global cotton community. "Our joint challenge today is to ensure that fair and equitable trade practices govern the commercial relationships throughout the cotton and textile supply chains. We believe that these principles have never been more important than they are now", the association stated in a press release.

The loss of demand resulting from COVID-19 and the preventative measures that are being applied throughout the world affects the cotton and textile sectors from end to end. It is essential for each trading partner to be mindful of each other’s position.

ITMF states: "We must strive to find mutual agreements which keep in mind our shared commitment to the long-term health of the international cotton and textile trade, and to the principles of fair and equitable trading practices on which it is built. We encourage that all those engaged in the cotton and textile value chains jointly and collaboratively commit to:

Take actions that are considered and designed to contribute to the recovery of the cotton and textile sectors in 2021 and beyond
Communicate, collaborate and be responsive to the needs of their counterparties
Continue to respect the trade rules that govern the sectors
Recognise and publicise positive behaviours. Identify and call out negative, counter-productive commercial behaviours.

The strong sense of community in the cotton and textile world will continue to be a source of strength. The constraints we are currently facing will pass and many of the freedoms that we are used to are likely to return before too long. We have confidence in the future of our industry."

Business situation weakens slightly, but the industry stays cautiously optimistic

The International Textile Manufacturers Federation (ITMF) has published the results of its 39th Global Textile Industry Survey (GTIS), conducted from 14 to 22 July 2026 among companies along the entire global textile value chain. Worldwide, 10% of participants rated their business situation as good, 53% as satisfactory and 37% as bad — a balance of -26pp, down from -17pp in May but still well above the 2023 lows. All regions are now in negative territory, from South Asia at -3pp to North & Central America at -58pp.

Meadow Grove Research joins ITMF as Corporate Member

Meadow Grove Research is a commodity research firm specializing in supply, demand, and trade analysis in cotton and other soft commodities. Providing clarity to the complex nature of the global fiber supply chain is one of its most formidable services. The firm thrives on customer engagement and providing the best framework for critical decisions.

Results of the 38th ITMF Global Textile Industry Survey

The global textile industry appears to be turning a corner, but this is more likely a fragile and possibly temporary improvement than the start of a durable recovery. According to the 38th ITMF Global Textile Industry Survey, conducted worldwide during the second half of May 2026, business sentiment, order intake, order backlogs and capacity utilization all improved versus March — yet every indicator remains weak by historical standards, and rising costs cast doubt on how long the upturn can last.

European textile industry calls for €10 handling fee on ultra-fast-fashion imports

The introduction of the €3 customs duty on low-value imports marks an important milestone in Europe’s efforts to address the challenges created by the rapid growth of ultra-fast-fashion imports. Together with the abolition of the €150 customs duty exemption, it demonstrates that policymakers are willing to act when market distortions become impossible to ignore. However, the European textile and clothing industry considers this a first step rather than the final destination.

Italian textile machinery orders show quarterly recovery in Q2 2026

In the period between April and June 2026, order intake for Italian textile machinery manufacturers showed mixed but encouraging signals for the second half of the year. The order index at constant prices stood at 46.6 points (taking 2021=100 as the base year), showing a slight decrease of 3% compared to the same quarter of 2025. This trend was largely due to the contraction recorded in the domestic market, which fell by 25% compared to the corresponding period of the previous year.

Greater efficiency for tomorrow’s textile industry

From September 24 to 27, 2026, Barmag, together with BB Engineering (BBE), will present innovative solutions for the efficient and sustainable production of synthetic yarns at the Egy Stitch & Tex Expo in Cairo, Egypt. Under the motto “A New Era. Powered by Innovation.,” experts from Barmag and BBE will present technologies spanning the entire textile value chain — from melt to yarn — at the ATAG Ltd. booth (Hall 1, Booth C1).

Asia's premier fashion event CENTRESTAGE officially has kicked off

Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong Special Administrative Region (HKSAR) Government, CENTRESTAGE, Asia’s annual premier fashion event and a flagship programme of the third edition of Hong Kong Fashion Fest, officially opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Running for four consecutive days until 5 September, the exhibition is open free of charge to both industry buyers and the public, and invites all to immerse themselves in the unique allure of Asia's fashion capital.

Global cotton production projected to outpace consumption, but risks remain

Global cotton production is projected to reach 26.2 million tonnes in the 2026/27 season, marginally outpacing estimated consumption of 25.9 million tonnes. However, early-season production risks — including weather volatility and pest pressures — could narrow that buffer as the crop progresses, according to the September 2026 issue of Cotton This Month, published by the International Cotton Advisory Committee (ICAC).

From smart jackets to laser technology: Mona Neubaur explores Textile Factory 7.0

As part of her summer tour, North Rhine-Westphalia’s Minister for Economic Affairs and Climate Action, Mona Neubaur, visited Textilfabrik 7.0 in Mönchengladbach to experience the project’s innovations first-hand. Under the motto “smart and clean”, the visit focused on innovative technologies and sustainable alternatives for textile production - from smart jackets to the decolourisation of textiles using fungal cultures.