Retold Recycling awarded $300,000

March 3, 2023  |  Industry News

 Retold Recycling – a convenient and sustainable textile recycling start-up – has received a $300,000 deal in exchange for a 25% stake in their company from famed Shark, Mark Cuban. Retold Recycling empowers consumers by making it easy and convenient to responsib…
Manufacturing PMI at 47.7%

March 2, 2023  |  Industry News, News

Economic activity in the manufacturing sector contracted in February for the fourth consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R…
Conductive textile market to hit $ 8.2 billion by 2033

February 3, 2023  |  Industry News, News

The global conductive textile market is estimated to be valued at $2.6 billion in 2023 and it is anticipated to grow at a CAGR of 12.0% to reach $8.2 billion by the end of 2033. Conductive textiles are fabrics that are made using metal strands that are woven with fabric fibers or coating the…
Accelerating Circularity launches textile recycling directory

January 27, 2023  |  Industry News, News

Accelerating Circularity is an action-oriented nonprofit focused on scaling textile-to-textile recycling through a collaborative approach. The mission is to create new supply chains and business models to turn spent textiles into mainstream raw materials in order to divert tons of textile waste from…
Dr. Michael Gore receives 2022 Cotton Genetics Research Award

January 20, 2023  |  Industry News, News

Dr. Michael Gore, noted scientist and professor in Cornell University’s School of Integrative Plant Science (SIPS), is the 2022 Cotton Genetics Research Award recipient. The announcement was made during the 2023 Beltwide Cotton Improvement Conference, which convened as part of the National Cotton …
USIFI, NFI to merge

January 16, 2023  |  Industry News

The U.S. Industrial Fabrics Institute and the Narrow Fabrics Institute, both divisions of the Advanced Textiles Association, are merging into one larger group.
Manufacturing PMI® At 48.4%

January 4, 2023  |  Industry News

Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued by Timothy R. Fiore, CPSM, C.P.M.,…
EU textiles industry highly concerned about potential loss of competitiveness

December 21, 2022  |  Industry News, News

Following the early December 2022 European Council summit and its conclusions on the measures to tackle the energy crisis, the European textiles industry is extremely concerned about the fast loss of competitiveness of Europe and demands urgent action to save the industry. The chain of factors deter…