Puma, alongside a consortium of other brands, has revealed the “world’s first” garment made entirely from recycled textile waste, leveraging a new bio-recycling technology developed by the French firm Carbios.
Clemson University researchers identified root traits that boost water efficiency in Upland cotton. Varieties like Deltapine 14 and Station Miller are more drought-resistant. The study aims to create water-efficient cotton for varying climates.
In August 2024, December NY/ICE futures dropped below 70 cents per pound for the first time since November 2020. The USDA reduced global cotton production estimates by 2.6 million bales, with ending stocks expected to be the highest since 2019/20. Record levels of exportable cotton may keep prices under pressure.
Global cotton prices have dropped recently, with December NY/ICE futures falling below 70 cents per pound for the first time since November 2020. The A Index is under 80 cents, China’s Cotton Index at 93 cents, and India’s Shankar-6 prices decreased from 88 to 86 cents per pound.
Beijing MatrixTech’s Y-Warm is a new thermal insulation material with excellent durability and low thermal conductivity. It will be introduced in footwear this winter, providing improved insulation and comfort.
ASEAN is set to become the world’s fourth-largest economy by 2030, with GDP rising to $3.8 trillion in 2023. Intra-Asian trade leads at $3.5 trillion, and the region attracts $230 billion in foreign investment, though an aging workforce poses concerns.
Clariant’s EnviCat Green catalyst will be used in a major green ammonia project in China, boosting efficiency and supporting sustainable energy by producing high-purity hydrogen.
Fashion for Good has launched a collaborative ambitious initiative aimed at accelerating the next generation of footwear innovations needed to drive circularity spanning four workstreams across the supply chain from materials to end of use.
Levi’s is holding a sweepstakes offering a "lifetime supply of jeans," with the grand prize being 70 $300 gift cards, worth about $21,000. The sweepstakes is open to Levi’s Red Tab members, with entries available via QR code in stores, the Levi’s app, or the sweepstakes website.
In Seoul, Telangana's Chief Minister A. Revanth Reddy promoted Warangal's textile park to South Korean companies, receiving enthusiastic responses from Korean firms.
Ongoing work on ‘textile muscles’ has been further strengthened as researchers develop haptic sleeves that give an extra boost during heavy lifting, enable ‘remote’ hugs, help the visually impaired navigate the urban environment, and also complement VR in gaming.
US container ports might experience a near-record surge in inbound cargo as retailers expedite imports before a potential strike at East and Gulf Coast ports. June saw a 17.7% year-on-year increase in TEUs, with July and August expected to each reach 2.34 million TEUs. If these trends persist, 2024 could see a total of 24.9 million TEUs, a 12.1% increase from 2023.
If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and install a performance-based condition for some executive stock benefits.
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