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News


  • textilemarket.in   German Development Cooperation Agency GIZ and French retail chain Decathlon recently launched a joint initiative to improve the environmental performance of the garment and textile supply chain in Vietnam. In an agreement, two GIZ projects will this year partner with Decathlon Vietnam to strengthen the company‚Äôs suppliers on climate action, water use, energy efficiency and chemical management.
  • textilemarket.in   Australian wool auctions produced gains once more across all types and descriptions during sale week 31. Selling over a Wednesday/Thursday rotation to accommodate the Chinese New Year on February 1, the market pushed upward from the outset following on from strong trader reports of escalating interest and price levels emanating from China. Some commentary pointed to traders being unable to commit to all the new business available, so indents were expected to be an additional positive influence on price outcomes. Indian and European contracts remained outstanding and additional business also became available from those areas. First stage processors were interested on all types and as such, a highly competitive market ensued. All buying sectors from all global destinations were active and the resultant market was one of the keenest and hard-fought weekly auction series seen for some time, the Australian Wool Innovation (AWI) Limited said in its commentary for the sale week 31 of the current wool marketing season.
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