ROSH HA’AYIN, Israel – January 14, 2019 – Kornit Digital, a global supplier of digital textile printing innovation, has announced the introduction of the Kornit Atlas. Following the success of Kornit’s Storm HD6 and Avalanche HD6 / HDK, the Atlas is the first instance of the company’s next-generation direct-to-garment printing platform, providing garment decorators and screen printers a unique tool for mastering the current and future challenges of the textile supply chain. The Kornit Atlas

Courtesy: PxherePrices across the board advanced significantly as Australian wool auction sales resumed this week, following a three week break in sales for Christmas. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) gained 48ac clean/kg for the week to close at 1910ac, a figure which is 2.58 per cent higher than the pre-Christmas close. “A wildly erratic but cheapening Australian Dollar (AUD) against all major trading currencies through the course of the recess had buyers e

Courtesy: Hybrid ApparelThe board of Hybrid Apparel, a full-service design, development, sourcing, production and apparel distribution company, has appointed Bill Hutchison as chief executive officer effective January 14, 2019, after conducting a thorough search process. As CEO, Hutchison will be responsible for all of Hybrid’s business and will report to the board. Hutchison comes to Hybrid from AM Retail Group, where he served as president since 2011 leading the organisation’s retail divi

Courtesy: TeijinTeijin Frontier, the Teijin Group’s fibres and products converting firm from Japan, is participating in Domotex 2019, a leading trade fair specialising in floor coverings, in stand F70, hall 011. The show is being held at Hanover Fairground in Hannover, Germany from January 11-14, 2019. This will mark Teijin Frontier’s third appearance at the event. Teijin Frontier’s stand is showcasing a variety of innovative floor coverings decorated with Japanese designs. The products comb

The decision of the GST Council to raise exemption threshold and increase in Composition Scheme limit will help small and medium enterprises (SMEs) significantly, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. For hilly states and those in North East, the exemption threshold has been doubled to ₹20 lakh from the earlier ₹10 lakh. At its 32nd meeting, the GST Council has “taken encouraging decisions” by relaxing the tax exemption limit to ₹40 l

India’s Telangana state has allotted ₹500 crore for modernisation of power looms in the textile town of Sircilla to boost the textile industry and weavers in the region, state handlooms and textiles joint director Purnachandra Rao said inaugurating a four-day buyer-seller meet in Hyderabad organised by the state textile ministry recently. Hyderabad Cut Piece Cloth Merchants Association president Subhash Agarwal stressed the need for modernisation of state's textile industry in a big

The Gujarat state government has announced a support scheme spanning the entire textile value chain, with incentives like subsidy in interests and power tariff and assistance in technology upgradation, environmental compliance cost and for textile parks. The scheme will be implemented starting September 4 last year and continue till December 31, 2023. Named ‘Scheme for Assistance to Strengthen Specific Sectors in the Textile Value Chain’, it covers under weaving, knitting, dyeing, printing

The All Pakistan Textile Mills Association (APTMA) recently urged the government to settle more than Rs 100 billion in outstanding sales tax refunds that have resulted in a serious liquidity crunch for manufacturers and exporters. Chairman Ali Ahsan said current and deferred sales tax refunds are pending at various offices, mainly due to cross-matching of invoices. The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) also echoed similar sentiments in a released statement. Ahsa

Courtesy: Messe Frankfurt TexprocessTexprocess 2019 will display latest technology for textile processing. The international trade fair presenting machinery and methods for the processing of textile and flexible materials will be held from May 14-17, 2019, at Messe Frankfurt, Germany. Visitors from the fashion and clothing industry, upholstered- furniture manufacturers will visit the show. With exhibitors currently from some 29 countries, Texprocess will be showing the whole range of textile

The number of UK retailers entering into Company Voluntary Arrangements (CVAs) has increased by 52 per cent, from 25 in 2017 as against to 38 in 2018, according to Deloitte’s latest insolvency figures. While, the number of retailers entering into administration in 2018 was registered at 125 as compared to 118 in 2017, a marginal increase of 6 per cent. "Notwithstanding the increase in overall retail insolvencies, we have seen a significant increase in large retail insolvencies and CVAs in the