retail sector news

12th Sep 2023

In the first quarter of fiscal 2023-24, India saw a modest 1 per cent increase in technical textiles exports, raising the total to ₹5,946 crore ($716.9 million). Analysis by the ITTA noted significant growth in several sectors including a 21 per cent increase in mobitech exports and a notable 91 per cent increase in speciality fibre segment.

11th Sep 2023

Kelheim Fibres will showcase eco-friendly innovations at the Global Fibre Congress. It will present a high-performance, plastic-free panty liner using water-repellent Kelheim Olea fibre. Additionally, it will also introduce a washable and reusable SUMO diaper made from bio-based materials and Kelheim specialty fibres, emphasising environmental...

8th Sep 2023

Beaulieu International Group will showcase sustainable geotextile products at the 12th ICG Rome conference, emphasizing their commitment to eco- friendly civil engineering solutions. BFI offers low-carbon footprint PP fibres and bio-attributed MONO-PP. BTT provides woven geotextiles with reduced carbon footprint and enhanced sustainability benefits.

8th Sep 2023

Ontex’s chief financial officer, Peter Vanneste, will leave the company in early October 2023 for opportunities elsewhere. Until a successor is named, CEO Gustavo Calvo Paz will oversee the CFO’s responsibilities. Paz acknowledged Vanneste’s contributions, including steering Ontex through strategic transformations and challenging macro-economic...

6th Sep 2023

Nonwovens manufacturer Suominen’s three largest registered shareholders, Ahlstrom Capital BV, Etola Group Oy, and Oy Etra Invest Ab, have nominated members Lasse Heinonen and Mikael Etola to the Shareholders’ Nomination Board. Heinonen, CEO of A Ahlstrom Oy, was appointed by Ahlstrom Capital BV. Etola was appointed by Etola Group Oy and Oy Etra...

5th Sep 2023

KMD has garnered attention for its benchtop Minitype Spunmelt nonwoven equipment. Following discussions and enhancements, KMD has introduced an integrated model configuration, optimising the Mini design of Spunmelt nonwoven and fibre spinning equipment. This equipment offers convenience for experimental exploration and preliminary testing of new...

5th Sep 2023

Rice University engineers have developed wearable textile devices that use haptic feedback to enhance sensory inputs, aiding people with visual or auditory impairments. The system, which includes a belt and textile sleeves, utilises fluidic signals to control haptic cues such as vibration, tapping, and squeezing. These cues can guide users in...

5th Sep 2023

MSA Safety aims to reduce market-based Scope 1 and 2 GHG emissions by 42 per cent by 2030, using a 2021 baseline, as revealed in its 2022 Impact Report. The report emphasises MSA's commitment to protecting workers and advancing sustainability, highlighting achievements like 30 per cent board diversity and products like the MSA Bacharach MGS-401...

4th Sep 2023

In Q4 FY23, Donaldson Company achieved a gross margin of 34.1 per cent, up 130 basis points due to pricing benefits and stable input costs. Adjusted gross margin, excluding charges, was 34.3 per cent. Sales slightly declined by 1.2 per cent to $879.5 million, with the Mobile Solutions segment down by 4.8 per cent and Aftermarket sales fell by 6.7...