Ermenegildo Zegna Group Continues To Deliver Robust Growth In Third Quarter Of 2023

MILAN — October 24, 2023 — Ermenegildo Zegna N.V. (Zegna Group), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the TOM FORD fashion business, today announced unaudited revenues of 431 million euros ($456 million) for the third quarter of 2023.

  • Revenues1 for the third quarter of 2023 reach 431 million euros, up 20.8 percent year-over-year and with an organic2 growth rate of 11.3 percent.
  • Revenues for the first nine months of 2023 reach 1.33 billion euros ($1.41 billion), up 22.9 percent year-over-year and with an organic growth rate of 19.2 percent.
  • Group is taking over retail distribution of the ZEGNA brand in South Korea as of early 2024.
  • Third quarter revenues support the Group’s FY 2023 and mid-term outlook.

Revenues were up 20.8 percent year-over-year and up 25.0 percent year-over-year on a constant currency3 basis, with an organic growth rate of 11.3 percent. For the first nine months of the year, unaudited revenues came in at 1,334 million ($1,412. million), up 22.9 percent year-over-year and up 24.8 percent year-over-year on a constant currency basis, with an organic growth rate of 19.2 percent. Revenues for the first nine months of 2023 reflect the consolidation of Tom Ford International LLC as of April 29, 2023, as well as the consolidation of Pelletteria Tizeta S.r.l., which was previously accounted for using the equity method, as of the same date.

Ermenegildo “Gildo” Zegna, chairman and CEO of the Zegna Group, said: “Our results this quarter continue to showcase the broad-based strength of our three brands and the successful execution of our strategy. I am particularly pleased that we are performing well across a diverse set of regions, as the balance of our geographic mix provides resilience in a highly dynamic environment.”

“I am confident that the continued progress of the ZEGNA rebranding, including the full implementation of the One Brand strategy in China, the expansion opportunities for Thom Browne, and the integration and evolution of TOM FORD FASHION all provide valuable tailwinds despite the current global operating environment.

“The Group’s leadership team is looking forward to our second Capital Markets Day this December at the New York Stock Exchange, where we will be presenting our updated financial goals, including those for the TOM FORD fashion business.”

Recent Highlights

  • ZEGNA to Directly Operate Business in South Korea 
— On October 23, 2023, ZEGNA executed an agreement with its South Korean franchise partner through which the Group will purchase the entity operating the ZEGNA business in the country. Pursuant to this, ZEGNA will directly operate its South Korean business starting in the first quarter of 2024. This includes converting the 15 ZEGNA stores in the region to direct-to-consumer points of sale. ZEGNA has been present in South Korea since 1997 and this step is consistent with the brand’s strategy of continuing to increase control over the business.
  • Thom Browne celebrates 20th Anniversary 
— As Thom Browne celebrates its 20th anniversary, the brand has launched a monograph celebrating the legacy of the house and the man behind it. Earlier this month, the Victoria & Albert Museum celebrated the iconic designer in a special conversation with fashion writer and author Charlie Porter. After London, the 20th anniversary monogram celebrations have continued with dedicated events in Tokyo (including at the Aoyama flagship store), Seoul (at Leeum Museum and at 10 Corso Como), and Shanghai. The brand is also marking the anniversary with a number of activities at its boutiques worldwide.
  • TOM FORD FASHION Updates — On September 21, 2023, Peter Hawkings debuted his very first collection as Creative Director of Tom Ford. The show, which was part of the Spring / Summer 2024 Milan Fashion Week, was very well-received by the media, critics and the trade, heralding a new chapter in fashion for the iconic brand under the stewardship of the Group.

Review of Revenues for the Third Quarter 2023 and the Nine Months ended September 30, 2023

In the third quarter of 2023, Zegna Group generated revenues of 431 million, an increase of 20.8 percent year-over-year. On a constant currency basis, revenues grew by 25.0 percent compared to the same period in the prior year, with an organic growth rate of 11.3 percent. Growth was led primarily by the strength of Zegna-branded products, especially in the direct-to-consumer (DTC) channel.

Revenues by Segment

Zegna Segment: For the third quarter of 2023, revenues for the Zegna segment amounted to 298 million euros ($315 million), growing 3.0 perent year-over-year and 6.0 percent year-over-year on a constant currency basis, with an organic growth rate of 12.7 percent for the quarter. This brought revenues for the first nine months of the year to 950 million euros ($1.006 million), up 12.7 percent year-over-year and up 14.1 percent year-over-year on a constant currency basis, with an organic growth rate of 20.1 percent for the first nine months of the year. The performance of the Zegna segment reflects the strength of the Zegna branded product line, especially in the DTC channel, which more than offset the impact of the end of the distribution licensing agreement for Tom Ford International on the Third-Party brands product line4.

Thom Browne Segment: For the third quarter of 2023, revenues for the Thom Browne segment amounted to 74 million euros ($78 million), growing by 6.3 percent year-over-year and 13.1 percent year-over-year on a constant currency basis, with an organic growth rate of 8.5 percent for the quarter. This brought revenues for the first nine months of the year to 282 million euros ($299 million), up 10.4 percent year-over-year and up 13.3 percent year-over-year on a constant currency basis, with an organic growth rate of 15.7 percent for the first nine months of the year. The organic growth rate for Thom Browne excludes the effect of the acquisition of the retail business in South Korea, which resulted in the conversion of the South Korean business from wholesale to DTC.

Tom Ford Fashion Segment: Since April 29, 2023, which marked the beginning of the consolidation of Tom Ford International LLC into the Group’s financial statements, Tom Ford Fashion is represented as a new operating and reporting segment of the Group. The Tom Ford Fashion segment includes all activities related to TOM FORD FASHION, from collection creation and development to merchandising, through to production, as well as retail and wholesale distribution. From April 29, 2023, to September 30, 2023, the segment reported revenues of 139 million euros ($147 million). In the third quarter of 2023, revenues totaled 75 million euros ($79 million).

Revenues by Product Line

Zegna-Branded Products: Revenues for Zegna-branded products were 242 million euros ($256 million) for the third quarter, up 8.0 percent year-over-year, with constant currency and organic growth both at 12.2 percent. This brought revenues for Zegna-branded products during the first nine months of 2023 to 784 million euros ($830 million), up 20.6 percent year-over-year, and with constant currency and organic growth both at 22.9 percent. The growth was driven by strong double-digit revenue performance in luxury leisurewear and in the Made-to-Measure business, while the shoes category continued to strongly outperform.

Thom Browne: Revenues for Thom Browne were 73 million euros ($77 million) for the third quarter, growing by 5.8 percent year-over-year and 12.6 percent year-over-year on a constant currency basis, with an organic growth rate of 8.0 percent for the quarter. This brought revenues for the first nine months of the year to 280 million euros ($296 million), up 10.1 percent year-over-year and up 13.1 percent year-over-year on a constant currency basis, with an organic growth rate of 15.5 percent for the first nine months of the year. Revenues for womenswear continued to outperform at Thom Browne and represented close to 30 percent of total revenues for the quarter.

Textile: Textile revenues were 35 million euros ($37 million) during the third quarter of 2023, up 17.2 percent year-over-year and up 15.7 percent on a constant currency basis, with an organic growth rate of 16.1 percent for the quarter. This brought textile revenues to 109 million euros ($115 million) for the first nine months of the year, up 9.4 percent year-over-year and up 8.4 percent year-over-year on a constant currency basis, with an organic growth of 8.6 percent for the first nine months of the year.

Third-Party Brands4: The revenues for the Third-Party Brands product line in the third quarter of the year were 5 million euros ($5.3 million), down 86.0 percent year-over-year and down 85.9 percent year-over-year on a constant currency basis, impacted by the end of the distribution licensing agreement for Tom Ford International, with an organic growth rate of -14.3 percent. For the first nine months of the year, revenues for the Third-Party Brands product line were 20 million euros ($21 million), down 74.9 percent year-over-year and down 75.2 percent year-over-year on a constant currency basis, with a -8.1 percent organic growth rate.

Revenues by Channel

DTC revenues reached 282 million euros ($299 million) in the third quarter of 2023, up 29.9 percent year-over-year and up 37.7 percent year-over-year on a constant currency basis, with an organic growth rate of 12.9 percent for the quarter. For the first nine months of the year DTC revenues reached 865 million ($916 million), up 34.2 percent year-over-year and up 38.4 percent year-over-year on a constant currency basis, with an organic growth rate of 24.6 percent. DTC revenues represented 64.8 percent of group revenues in the first nine months of 2023, up from 59.4 percent in the same period last year.

Of the 282 million euros DTC revenues in the third quarter, 195 million euros ($206 million) came from Zegna-branded products, where DTC revenues were up 8.3 percent year-over-year and up 14.0 percent year-over-year on a constant currency basis and on an organic growth basis, driven by a continued improvement in store productivity. Thom Browne DTC revenues came in at 43 million euros ($46 million), up 18.6 percent year-over-year and up 32.1 percent year-over-year on a constant currency basis, with an organic growth rate of 7.7 percent for the quarter, reflecting the shift of the South Korean business from wholesale to DTC. TOM FORD FASHION contributed 43 million euros in the third quarter.

Meanwhile, wholesale revenues reached €148 million in the third quarter of 2023, up 6.6% year-over-year and up 6.1% year-over-year on a constant currency basis, with an organic growth rate of 8.1% for the quarter. For the first nine months of the year wholesale revenues reached €466 million, up 6.4% year-over-year and up 5.7% year-over-year on a constant currency basis, with an organic growth rate of 9.9%. Wholesale revenues represented 34.9% of Group revenues in the first nine months of 2023, down from 40.3% in the same period of last year.

Of the €148 million wholesale revenues in the third quarter, €47 million came from Zegna-branded products, up 6.7% year-over-year and up 5.0% year-over-year on a constant currency and organic growth basis. Thom Browne wholesale revenues reflected the conversion of the South Korean points of sales from wholesale to DTC and amounted to €30 million, down 8.6% year-over-year and down 7.8% year-over- year on a constant currency basis, but with an organic growth rate of 8.3% for the quarter. The balance of wholesale revenues came from TOM FORD FASHION (€32 million) and from the Third Party Brands and Textile segments (€40 million, down 36% year-over-year and down 36.3% in constant currency, and with organic growth of 11.5%).

Revenues by Geography

During the third quarter of 2023, the Group saw double-digit organic growth across a number of key regions, including EMEA and North America, led by revenues from the U.S.

Revenues in the EMEA region reached €152 million in the third quarter of 2023, up 27.7% year-over-year and up 29.4% year-over-year on a constant currency basis, with an organic growth rate of 18.5% for the quarter. The double-digit growth in the region, which was seen across Europe and the Middle East for both ZEGNA and Thom Browne, was driven by DTC demand. For the first nine months of 2023, the EMEA region reached €475 million in revenues, up 25.0% year-over-year and up 25.8% year-over-year on a constant currency basis, and with an organic growth rate of 20.5%.

North America revenues reached €111 million for the quarter, up 44.2% year-over-year and up 45.0% year-over-year on a constant currency basis, with an organic growth rate of 12.3%. The U.S. saw revenues at €102 million for the quarter, up 47.8% year-over-year and up 48.4% year-over-year on a constant currency basis, with an organic growth rate of 13.7%. The growth in U.S. revenues came on the back of contributions from the newly-included Tom Ford Fashion segment as well as outstanding DTC performance for both ZEGNA and Thom Browne, both of which recorded an outstanding high double-digit revenue growth. For the first nine months of 2023, revenues in North America reached €285 million, up 34.4% year-over-year and up 32.6% year-over-year on a constant currency basis, with an organic growth rate of 14.9%.

In the third quarter of 2023, revenues in APAC reached €158 million for the quarter, up 3.5% year-over-year and up 11.7% year-over-year on a constant currency basis, with an organic growth rate of 5.4%. Revenues for the first nine months of 2023 in APAC were €547 million, up 16.0% year-over-year and up 20.9% year-over-year on a constant currency basis, with an organic growth rate of 20.4%.

In the APAC region, growth was remarkable in Japan, where Group revenues reached €19 million, up 31.8% year-over-year and up 44.8% year-over-year on a constant currency basis, with an organic growth rate of 30.9% for the quarter. The region also benefited from the conversion of 17 stores in South Korea after the acquisition of the Thom Browne business there. In the third quarter of 2023, the Greater China Region saw revenues to €112 million, a 3.4% decrease year-over-year and up 5.2% year-over-year on a constant currency basis, with an organic growth rate of 3.5%. Revenues for the first nine months of 2023 in the Greater China Region were €419 million, up 15.3% year- over-year and up 20.6% year-over-year on a constant currency basis, with an organic growth rate of 19.8%.

In Latin America, revenues in the third quarter of 2023 reached €8.4 million, up 19.6% year-over-year and up 9.0% year-over-year on a constant currency and on an organic growth basis. This brought revenues in Latin America for the first nine months of 2023 to €24 million, up 23.5% year-over-year and up 13.9% year-over-year on a constant currency and on an organic growth basis.

Outlook

On May 17, 2022, at its first Capital Markets Day, the Group announced its financial goals for the medium term, which management defines as the end of fiscal year 2025. Within this time frame, the Group is aiming for annual revenues to exceed €2 billion and for Adjusted EBIT Margin to reach at least 15%, excluding the Tom Ford Fashion segment. The Group’s Q3 2023 revenues confirm that the Group remains on this trajectory. The Group’s medium-term targets assume no major future worsening of the global geopolitical, health, macroeconomic and financial markets situation, and no other unforeseen events.

Capital Markets Day

The Group will host a Capital Markets Day on December 5, 2023, at the New York Stock Exchange (NYSE) in New York, where it expects to announce updated medium- to long-term financial goals, including for the Tom Ford Fashion segment.

1 Throughout this press release, revenues for the third quarter of 2023 and the nine months of 2023, and comparatives thereof, are unaudited.


2 Organic growth is a non-IFRS financial measure. See the Non-IFRS Financial Measures section starting on page 8 of this press release for the definition of such non-IFRS financial measure and a reconciliation to the most directly comparable IFRS measure. 


3 Revenue growth at constant currency is a non-IFRS financial measure. See the Non-IFRS Financial Measures section starting on page 8 of this press release for the definition of such non-IFRS financial measure. 


4 As previously disclosed, the licensing agreement for the production and worldwide distribution of luxury men’s ready-to-wear and made- to-measure clothing, footwear, and accessories under the TOM FORD brand expired with the deliveries of the Fall/Winter 2022 collection, and a supply agreement to act as the exclusive supplier for certain TOM FORD menswear products commenced starting with the Spring/ Summer 2023 collection.

Posted: October 24, 2023

Source: Ermenegildo Zegna Group

Slack & Parr Showcases Spin Finish Pump For Polyesters Alongside High-Accuracy Metering Capability For Speciality Fibres At ITMA Asia

KEGWORTH, England — October 24, 2023 — Precision gear metering specialist Slack & Parr will showcase its updated Spin Finish Pump for the polyester market alongside its range of fluid metering technologies for specialty fibers at ITMA Asia in Shanghai, China.

This is the first time the company has brought its newly redesigned SPO Spin Finish Pump to the Asia-Pacific market since the technology was launched at ITMA, Milan, in June. The pump has been re-engineered with fewer components and a modular design that is simple and cost-effective to operate and maintain but capable of very high levels of accuracy. It has been developed for the application of finish emulsions onto filaments typically used in hot-melt manufacture of POY and FDY polyester yarns. Featuring a compact design and robust build, it is used to meter and apply oil-based emulsions onto yarns to improve efficiency in downstream processes and offers capacities down to 0.014cc/rev with very high accuracy including at low speeds.

Tailored metering technologies

Slack & Parr supplies its high-accuracy gear metering pumps to all areas of the manmade fiber market where they are used to deliver uniformity and consistency into the manufacture of high-quality yarns and textiles including acrylic, polyester, nylon, spandex, and aramid.

At ITMA Asia, the company will also highlight its precision metering capability for specialty fibers including carbon fiber, recycled polymers, and industrial yarns such as tire cord, and reveal how its pumps are developed to meet the unique requirements of every application.

“Matching our metering technologies to the exact needs of our customers’ businesses is an important part of what we do,” explained Slack & Parr’s Global Sales Director Paul Wykes.

“Thanks to our highly skilled and experienced design and engineering teams, we’re very good at tailoring our solutions for niche markets and specialty fibers. That might mean selecting the most robust build materials and low-wear surface finishes for the metering of high-viscosity and abrasive fluids used in industrial applications, or engineering a pump to the highest tolerances to maintain an extremely accurate flow of resin at variable speeds in order to create high-value carbon fiber composite materials and parts, such as hydrogen fuel cells, batteries, and storage tanks.”

Slack & Parr has been selling its technologies into the Asia-Pacific region for more than 30 years and operates dedicated service centers in Shanghai, China and Douliu, Taiwan. The region accounts for 60 percent of the company’s total global revenues.

“It’s great to be back at ITMA Asia sharing our technologies with our customers and colleagues in what is a very important region for us,” Wykes said.

“The show heralds what we hope is the beginning of a new chapter in Asia’s textile manufacturing sector as the market emerges from the impacts of the COVID pandemic.

“While we’re seeing early signs of an upturn in polyester production in the region, we’re also feeling the market shift and evolve to encompass new and innovative methodologies for fast-growing sectors such as carbon fiber composites and recycled polymers. These are exciting developments and we’re very well positioned to support the ongoing growth anticipated in these areas.”

Manufacturing investment

In August, Slack & Parr was acquired by Hayward Tyler Fluid Handling, a subsidiary of international engineering company Avingtrans plc. As part of the deal, in which Slack & Parr retained its entire management team and secured the employment of its 100-strong workforce of skilled employees, the company is now making a series of strategic investments in its manufacturing equipment and processes.

“We’ve built a global reputation for delivering gear metering pumps of the highest quality and precision over many decades,” Wykes said.

“This year’s ITMA Asia gives us the opportunity to demonstrate to the Asia-Pacific market that our position is strengthened as a result of us becoming part of Avingtrans, including through strategic investments to improve our manufacturing and operating efficiency.

“Our current phase of development focuses on investing in our manufacturing technologies. Our aim is to push levels of accuracy, reliability, and performance of our pumps even further while at the same time manufacturing them in a way that is more energy efficient. Using more technically advanced machinery to manufacture our equipment will lead to faster set-up speeds, less operational downtime, and improved delivery times.

“We believe that in doing so we will strengthen our position at the forefront of the market and our ability to deliver the highest quality gear metering pumps in the world in a way that meets our customers’ specific objectives for decades to come.”

Slack & Parr will be exhibiting at ITMA Asia Hall 7 Stand 21

Posted: October 24, 2023

Source: Slack & Parr Ltd.

Santex Finishing Machines Offer Advanced Energy-Saving Solutions Providing Sustainability With Profitability

TOBEL, Switzerland — October 24, 2023 — Significant savings in energy consumption can be achieved by finishers through the use of innovative heating technologies from Santex. The ingenious heating and drying systems in Santaframe, Santashrink and Santasynpact machines deliver sustainable production with low CO2 values — along with notable cost savings. The three also share the benefits of great performance in productivity and finishing quality.

Santacompact RD – levelling, steaming and compacting calender.

Santex Rimar has been synonymous with technological excellence since 1982. A member of the multinational Santex Rimar Group, the Swiss company has a clear focus on saving water and energy as part of its commitment to sustainability. This philosophy also leads to reduced production costs for its customers, by promoting cost-efficient manufacturing with no compromise on the quality of finishing results. This article presents the evidence!

Air-flow technique is key

Santaframe is a high-performance tenter for top-quality processing of knitted and woven fabrics. Energy-saving innovations drive customers to sustainable production with low CO2 values. Unmatched low energy consumption is based on a new and unique air-flow technique with the Aero-Surf nozzle system. By directly using residual heat from exhaust air, the system saves even more energy.

Conventional energy-saving units use hot exhaust air to preheat the incoming fresh air via external heat exchangers. But the Santex Energy Saving Chamber (ESC) applies hot exhaust air directly to preheat the incoming moist fabric. Efficient use of energy is ensured by the air exchange in the ESC — proven by the reduced exhaust air temperatures at the exit point.

Installing Santex ESC ahead of Santaframe heating chambers results in energy savings of up to 25 percent by optimal use of residual heat from the exhaust air, fed into the ESC. As a result, the fabric is preheated without the need for extra heating power. The concept of using the material itself as a heat recovery medium is possible only through the unique solution for evenly distributed heating air and the exhaust air ducting integrated into the heating chamber.

In fact the ESC boosts productivity in finishing by up to 20 percent and the resultant fabric displays softer handle and better shrinkage values. This arises from the Santaframe air-flow technique, in which the fabric is conveyed on a cushion of air.

Two heat recovery systems

Santashrink Progress – tensionless shrinking and relax drying machine featuring three or more drying chambers.

The Santashrink machine is applied for shrinkage, relaxation and tensionless drying of tubular or open-width knitted fabrics. Combined with the ESC or Enairsave system, the drying process operates with significantly better energy savings — making Santashrink the most optimized drying process for sustainable textile finishing.

The use of two heat recovery systems has clear advantages. ESC reuses energy directly, while Enairsave works indirectly. By optimal use of residual heat from the exhaust air fed into the ESC, the fabric is preheated without extra heat energy needed, as with the Santaframe. Adding the ESC to a new or existing Santashrink lifts production capacity by up to 25 percent with the same input heating energy.

The Enairsave heat recovery unit is installed on the dryer exhaust duct. This system is based on an air-to-air heat exchanger, using a rotating heat-absorbing component. The rotating system, divided into two sections, is heated by exhaust air from the dryer and it then preheats incoming fresh air returning to the dryer. In this way, the energy consumption of the dryer is reduced by 20 percent.

The Santashrink series for tensionless drying is available in three versions to meet the requirements of drying capacity, available space and quality demands. These are the standard (single passage dryer), the jumbo version (double passage) and the super jumbo version (triple passage).

These Santashrink versions are the basis for the Santashrink Progress machine, specifically for open-width fabrics, which is usually equipped with three or more drying chambers and highly efficient padders. The technical and economical design of Santashrink Progress gives several application advantages for open-width fabrics, reflected in the excellent residual shrinkage results. These benefits make Santashrink the most requested dryer on the market.

Steam control in flexible width

Santacompact RD and Santasynpact are established as leveling, steaming and compacting calenders with extremely gentle fabric handling. Both the Santacompact RD open-width felt belt compactor and the Santasynpact sanforizer feature a high-performance V-steam box, which is connected to the guide rail to avoid steam distribution outside the fabric web. This results in a far more controlled process, and a 50-percent reduction in energy compared to conventional steam tables. Furthermore, the V-shaped steam box adapts to different fabric widths — and it is reported that Santex compacting machines provide the best dimensional stability for the finishing of high-quality open-width knitted fabrics.

Santex Rimar recently launched the three-zone felt belt compacting machine Santacompact RD Plus. The Plus denotes an additional larger compacting zone at the exit for open-width fabrics. This extra compacting zone achieves excellent residual shrinkage values, especially for structured fabrics such as Pique, Lacoste, Waffle etc. This is achieved in only one pass at high productivity rates, without smoothing the fabric structure. The machine can even process sensitive knits at speeds of 40 m/min or more.

Posted: October 24, 2023

Source: Santex Rimar Group

Longtime Rug Industry Executive Jesse Smith Capel Dies At 90

TROY, N.C. — October 23, 2023 — Jesse Smith Capel passed away on October 20 at the age of 90. Born on November 17, 1932, Capel graduated in 1954 with a bachelor’s degree in textile management from N.C. State University. He first served in the U.S. Army, then joined the family business, Capel Inc., in 1957, where he made significant contributions in the areas of finance, importing and manufacturing until his retirement in 2007.

Further service to business and community included roles on the boards of Virginia Episcopal School, a role he dedicated to the memory of his late son, J. Smith Capel, Saint Mary’s School, the Duke Heart Center, the Montgomery County Fund, Pfeiffer University, the N.C. Museum of History, the N.C. Museum of Art, and as chairman of FirstBancorp. Capel’s leadership also extended to the N.C. State Ports Authority, where he served as president of the State Ports Authority Foundation. His love for Scouting saw him serve as district chairman for Boy Scouts of America, for which he was awarded the Silver Beaver Award. He also was a former president of Troy Rotary Club.

Capel’s commitment to education and community growth was evident in his 16-year service as chairman of the Montgomery Community College Board of Trustees. As a member of Trinity United Methodist Church, Capel founded The Trinity Fund, a crisis assistance ministry, and held numerous leadership roles.

In 2010, Capel was honored for his service to the community with the Montgomery Fund Foundation’s Humanitarian Award.

Beyond his public service, Capel was a loving family man. He leaves behind his beloved wife of 68 years, Julianne Boone Capel, daughters Mary Clara Capel of Chapel Hill, Julie (Steve) Williams of Vero Beach, Florida, Sarah Kea Capel of Pinehurst, and daughter-in-law Elizabeth Capel of Atlantic Beach, along with ten grandchildren and four great-grandchildren. He also is survived by his brothers A. Leon Capel Jr. and Arron W.E. Capel and his sister Dr. Blanche Capel. Jesse was preceded in death by his son, Jesse Smith Capel Jr.

The Capel family name, synonymous with quality in North Carolina for over a century, reflects a rich tapestry of commitment to excellence, community and innovation. From the humble beginnings of “New Departure” braided rugs in 1917 to collaborations with major brands such as Sears, JCPenney, L.L. Bean and Pottery Barn, the Capel journey has been one of continuous evolution and growth. Jesse Capel’s contributions to this legacy are irreplaceable, according to company leaders.

Family and friends are invited to pay their respects during visitation hours from 5 to 7 p.m. on Wednesday, Oct. 25 at Bumgarner Funeral Home, 620 Albemarle Road in Troy.

A memorial service celebrating Capel’s life will be held at 11 a.m. on Thursday, Oct. 26 at Trinity United Methodist Church, 239 N. Russell St. in Troy. A reception will immediately follow the service, where friends and family can gather to share memories, pay tribute and offer condolences.

In lieu of flowers, donations can be made in Jesse Capel’s memory to The Trinity Fund at Trinity United Methodist Church-Troy.

Posted: October 23, 2023

Source: Capel Rugs

REMATTERS Textile Recycling Solutions To Showcase Commitment To Circular Economy At Textile Exchange Conference 2023

LONDON — October 23, 2023 — As global concerns about climate change and environmental degradation continue to grow, the imperative to foster circularity within various industries has never been more pronounced. In response to this urgency, EREKS-Blue Matters, a renowned name in the industry, is delighted to introduce their newest venture, REMATTERS Textile Recycling Solutions. This innovative company is dedicated to revolutionizing the textile and apparel sector by establishing new “Circular Value Streams.”

With over four decades of experience in the textile and apparel industry, REMATTERS Textile Recycling Solutions brings a wealth of expertise to assist companies in their journey towards a more sustainable and environmentally conscious future. The company is rooted in the waste hierarchy principle, focusing on reducing waste, reusing materials, recycling, regenerating resources, and instilling sustainable practices. REMATTERS also supports its clients in establishing post-consumer textile recycling centers, providing a comprehensive solution for the entire circular supply chain.

A key strength of REMATTERS lies in its team of professional field experts, who specialize in meticulously analyzing the specific needs of each customer. These specialists possess the connections and knowledge necessary to guide businesses in the establishment of “Textile Recycling Centers” with precision and operational proficiency.

REMATTERS’ extensive network and proficiency enable them to deliver customized solutions to businesses eager to reduce their environmental footprint while enhancing their bottom line. The company’s overarching goal is to cultivate a “Complete Supply Chain” that champions textile circularity. By collaborating with REMATTERS, organizations can contribute to the positive transformation of the textile industry, resulting in significant benefits for both the environment and their financial performance.

Romain Narcy, CEO of REMATTERS Textile Recycling Solutions

Romain Narcy, CEO of REMATTERS Textile Recycling Solutions, commented on the company’s mission, saying, “With the current state of the world, it is crucial to take action towards a circular economy. Join us in the movement towards circularity, and let REMATTERS guide you towards a more sustainable future.”

To learn more about REMATTERS Textile Recycling Solutions and to explore the possibilities of achieving circularity in the textile and apparel industry, visit their booth at the Textile Exchange Conference, taking place from October 23-27, 2023, in London.

Posted: October 23, 2023

Source: REMATTERS Textile Recycling Solution

H&M Teams Up With Coloreel To Bring Personalized Embroidery To Berlin

STOCKHOLM, Sweden — October 23, 2023 — The global fashion retailer H&M has joined forces with Coloreel to introduce a pioneering approach to customized embroidery. This new partnership allows customers at the H&M Alexa store in Berlin to personalize their apparel with a myriad of expressive designs.

The program marks the start of a new and innovative in-store pilot developed by H&Mbeyond. Customers can select from a diverse library of designs that will be updated on a weekly basis.

Coloreel redefines the art of embroidery, offering an unlimited spectrum of colors at the touch of a button. The technology reduces wastewater by a remarkable 97 percent and utilizes recycled thread, marking a significant step towards more sustainable production.

“Our partnership with Coloreel reflects our commitment to enhance the shopping experience through innovative solutions,” states Oliver Lange, head of H&Mbeyond. “By embracing this advanced technology, we can offer our customers a unique and engaging store visit.”

With the collaboration, H&M and Coloreel want to explore ways to create exciting brick-and-mortar shopping experiences and analyze the influence that a disruptive technology like Coloreel’s has on in-store purchases.

“We are proud to team up with H&M to bring forth a new era of personalized fashion,” said Mattias Nordin, senior vice president, Product Management at Coloreel. “Together, we are redefining the boundaries of traditional embroidery, empowering customers to express their individuality”.

The service is offered at the H&M Alexa store in Berlin during Q4 2023. While the service currently extends to products within the store, plans for embroidering customers’ own garments might be added later. This approach would extend the lifespan of garments, creating a positive environmental impact.

Posted: October 23, 2023

Source: Coloreel

Heimtextil 2024 On Course For Growth With Expanded Range And Realignment Of Sustainability Formats

FRANKFURT AM MAIN, Germany — October 23, 2023 — Heimtextil 2024 shines with strong national and global demand across all product segments. More than 2,600 exhibitors present their new products in Frankfurt am Main. The global trade fair for home and contract textiles also forms the launch of Econogy, a realignment of sustainable formats in the global Texpertise Network. Econogy standardizes the evaluation criteria of all Messe Frankfurt textile events and creates cross-fair transparency for resource-saving products and exhibitors.

Heimtextil 2023

New international contacts, inspiring business encounters and intensive networking: Heimtextil 2024 records strong registration figures across all product segments. With over 2,600 exhibitors participating, demand exceeds the number of exhibitors at the previous event. “Heimtextil provides a bundled and therefore efficient market overview of all global trends in the home and contract textiles industry on a central platform over four days. In 2024, we are pleased to be able to intensify this experience with the launch of the new Carpets & Rugs product segment and an increased number of exhibitors,” said Olaf Schmidt, vice president, Textiles & Textile Technologies.

New year, new business

Heimtextil 2024 will be expanded by two new halls: Hall 5.1 for the new Carpets & Rugs product segment and Hall 10.4 for Asian Selection exhibitors in the home textiles segment. Hall 3, which will serve as a creative hub for the Heimtextil Trends 24/25 and exhibitors from the wall decoration, textile design and textile technology segments will also be reopened. In addition, the new Carpets & Rugs product segment, the realignment of the sustainable event formats under the title “Econogy” and the expanded range in the Fibers & Yarns section will provide fresh business impulses.

Promising start: Carpets & Rugs

Heimtextil 2024 is expanding its portfolio with the new Carpets & Rugs product segment. Located exclusively in the new Hall 5.1, it showcases fitted, handmade and custom-made carpets, machine-made woven carpets, mats and dirt-absorbing carpets, as well as rugs and runners. Carpets are traditionally an integral part of Heimtextil, presented in various halls. Starting in 2024, this offering will be permanently bundled at the request of the industry. The segment is aimed at international wholesalers, furniture and home furnishing stores, consumer markets, DIY and home improvement stores, specialist retailers and garden centers. More than 90 exhibitors will participate in Carpets & Rugs, including many first-time exhibitors. The positive resonance comes from a variety of nations. Commitments have been received among others from Bangladesh, Belgium, China, Egypt, Greece, India, Italy and Turkey. Exhibitors include Carpet Export Promotion Council, Fini Coop, Heritage Overseas, Merinos Hali San, Nikotex, Oriental Weavers Group, Ragolle, Royaltex, Rug Republic and Rugs in Style.

Strong presence: Asian Excellence & Asian Selection

For “Asian Excellence” and “Asian Selection”, both the house textiles (10.0-10.4) and home textiles (6.0, 5.0, 6.1) segments have a strong presence at Heimtextil 2024. Quality in all quantities meets private label excellence here. To exhibit in the Asian Excellence halls on levels 6.1 and 10.2, an independent panel of experts selects high-quality producers. The evaluation includes questions about workmanship, color concept, stand construction, quality and materials.

The top 4 exhibiting nations of Asian Excellence and Asian Selection are China/Hong Kong, Pakistan, India and Bangladesh. Among others, D Decor, G. M. Fabrics, G. M. Syntex, Grasim Jana Seva Trust from India and Karupannya Rangpur from Bangladesh will be present in Hall 6. In addition, key market players such as Adamjee Textile Mills, Al-Karam Textile Mills, Export Promotion Council of Handicrafts, Gul Ahmed Textile Mills, Handloom Export Promotion Council, Indo Count Industries, Kamal, Kanodia Global, Mittal International, Premiere Fine Linens, Sadaqat, Towellers Limited, Trade Development Authority of Pakistan, Trident and Union Fabrics are also participating.

Econogy: Realignment of sustainability activities

At Heimtextil 2024, a realignment of all sustainable formats of the worldwide Texpertise Network will be launched with Econogy. Econogy standardizes the evaluation criteria of all Messe Frankfurt textile events for sustainability and clarifies the holistic connection between economy and ecology.

The Econogy offering at Heimtextil includes the Econogy Finder. The directory helps visitors find certified suppliers. Since many years, Heimtextil exhibitors have the opportunity to have sustainability checks carried out in order to be listed in special directories. In the future, these checks will be harmonized across all textile fairs of Messe Frankfurt. Econogy thus creates transparency and comparability across trade fairs with regard to criteria used to select resource-saving products and exhibitors. In cooperation with independent external sustainability experts, the current status of recognized seals and certificates are included and the SDGs are also integrated into the checks.

Other components of the Econogy offering are the Econogy Hub – the platform for seal providers and certifiers – and the one-hour Econogy Tours. The tours are led by an independent consultant and offer an intensive exchange between visitors, exhibitors and experts. And the Econogy Talks enable advanced training and knowledge transfer in numerous conference and lecture formats on the latest green textile innovations.

In close cooperation with the UN Conscious Fashion and Lifestyle Network, Messe Frankfurt’s Texpertise Network has been promoting the visibility of the Sustainable Development Goals at all Messe Frankfurt textile fairs worldwide since 2019. The very first Texpertise SDG Report, published this summer, summarizes all milestones of the SDG actions so far.

Heimtextil Trends 24/25: “New Sensitivity

The Heimtextil Trends have been forming the heart of Heimtextil for many years. They translate megatrends into textile visions. A visit to the Heimtextil Trends is a must for all textile professionals who are constantly expanding their knowledge of textile materials.

Under the overarching theme of “New Sensitivity,” textile transformation is the focus of the Heimtextil Trends 24/25, with three approaches showing ways to a more sensitive world of textiles: plant-based production of textiles, supporting textile circularity through technology, and the bio-engineered use of natural ingredients. In addition, the Future Materials curate regenerative materials and designs.

Building on the Materials Manifesto, the Heimtextil Trends are carefully designed to be low-waste and environmentally conscious. Only local, eco-friendly or borrowed materials are used in each stand design.

Marketplace for the contract business: Interior.Architecture.Hospitality

Under the title “Interior.Architecture.Hospitality”, Heimtextil covers the global range of functional contract textiles. International manufacturers and suppliers of special furnishing solutions meet interior designers, architects, planners and interior decorators from all over the world.

The offering extends over the entire trade fair. The centerpiece is Hall 4.0, where the Interior.Architecture.Hospitality LIBRARY presents functional textiles curated and selected by a jury. In addition, interested visitors will gain deeper insights during the LIBRARY tours offered by the LIBRARY curators.

Creative hub: wall decoration and textile design in Hall 3

Back in Hall 3, Heimtextil offers the largest and most international range of wallpaper manufacturers, from decorative over paintable and technical wallpapers to fiberglass and digital print wallpapers. Together with the “Textile Design” product area, the hall forms a hub for textile creativity with renowned international exhibitors such as A.S. Création, ICH, Kinland Décor, Komar Products, Marburger Tapetenfabrik, Masureel, Muraspec, Parato, Taubert/Hohenberger, KT Exclusive and Ugépa.

Bedding on the rise

A large number of top brands and companies have also confirmed their participation in the “Smart Bedding” product area in Hall 11.0, including Advansa Marketing, Badenia Bettcomfort, Brinkhaus, Heinrich Häussling & Centa Star & Frankenstolz Schlafkomfort, John Cotton, Lenzing, Sasa Polyester, Sanders-Kauffmann, Traumina, Velamen and Wendre.

In addition to order and inspiration, the focus is as well on valuable knowledge content for the bedding trade: at the Heimtextil Conference “Sleep & More” in Hall 11.0, renowned international sleep experts will provide insights and best practices – from sleep myths to tracking technologies and sustainable materials to bedding that improves sleep quality at home and in hotels.

In the “Bed & Bath” area in Hall 12, visitors find the latest bedding designs from suppliers such as Felpinter, Lameirinho, and Nile Linen Group, as well as premium terry products amon others from Mundotextil Industrias Texteis or Ozanteks on hall level 12.1. These companies for quality international private label services – with strong participation from Portugal, Turkey, and Egypt – emphasize short supply chains as well as flexibility in quantities and serve the European market in particular.

Hall 12.0 will also feature well-known brands such as Bedding House, Corn. van Dijk, Klaus Herding, Sorema, Veritas, Welspun, Wülfing and Zorlu.

Decorative & Furniture Fabrics with over 300 weavers

In the “Decorative & Furniture Fabrics” segment, Heimtextil will showcase the largest range of the world’s upholstery fabric suppliers and weavers on three hall levels. These include renowned suppliers such as Francisco Jover, Gebr. Munzert, Global Textile Alliance (Symphony Mills), Luilor, Manuel Revert, Martinelli Ginetto, Parà and Vanelli Tekstil. More than 300 weavers of decorative and upholstery fabrics have registered for Heimtextil 2024.

Fibres & Yarns on a larger scale

Following its successful launch in 2023, the separate “Fibres & Yarns” area for decorative and upholstery fabrics is returning to Hall 4.0 this time on a larger scale. There, fabric and curtain manufacturers, weavers, product developers and designers can expect a bundled offering with companies such as Antex (Angles Textil), Indorama Ventures Fibers Germany GmbH (Trevira), Korteks or Reliance.

Heimtextil

International trade fair for home and contract textiles Heimtextil will be held from January 9-12, 2024.

Posted: October 23, 2023

Source: Messe Frankfurt Exhibition GmbH

Data Can Boost Spinners’ Profits: Uster Technologies Shares Raw Material Management Know-How

USTER, Switzerland — October 23, 2023 — Raw material management has a high priority for Uster Technologies. That’s clear from FiberQ — part of the new Uster 360Q suite of pioneering solutions for excellence in textile manufacturing. And it’s underlined by a second webinar pointing the way from raw material data to profits, scheduled for early November.

Fluctuations in raw material prices and quality are constant headaches for spinners. And volatile market demand for yarns adds to the pain. Market conditions are unpredictable, so the big challenge is to implement reliable planning for cotton sourcing and yarn production, to cover all scenarios.

Raw material management challenge

Efficient raw material management can be the basis for profitable mill operation. The recipe involves minimized raw cotton inventory to combat price fluctuations, combined with the state-of-the-art raw material management to make maximum use of those valuable stocks. And the vital ingredient is reliable data.

Of course, reliable data comes only from accurate measurement. It then requires proper analysis and decision-making. Until now, this was a human task — usually time-consuming, with a high risk of mistakes and a low level of optimization. Increased sampling could enable better visualization of cotton quality, but that likely requires even more data analysis and interpretation. This is no longer a problem, since Uster FiberQ solution allows cotton classification data from HVI to be automatically uploaded to the Uster 360Q Platform. From there it’s easy to create optimum laydowns. “Even without large raw material inventory and with basic textile know-how, mills can achieve consistent and reliable laydowns for long-term quality consistency and trouble-free production,” says Stratos Fragkotsinos, Head of Product Management for Mill Management Solutions at Uster Technologies.

The FiberQ solution

One of the general issues is the lack of objective measurement data to start making sound decisions on purchasing or utilization of cotton. Despite the high impact of instrument data, not all mills invest in this valuable equipment. In order to address the investment priority challenge, Uster HVI is now more accessible in selected countries through a subscription model, subject to conditions. With Uster HVI, higher sample testing and achieving objective, data-driven raw material sourcing and utilization will now be possible for a wider segment of the market.

Once the instrument is available and testing of incoming material is established, spinning mills face a delicate balancing act to ensure optimal stock levels without compromising quality or profitability. FiberQ can lead to higher quality consistency with minimum waste and mixing costs. The fact is that 65 to 75 percent of production cost is for raw material. So, spinners will readily understand the impact of the Uster raw material management solution.

Spinning mills need to adopt innovative techniques and technologies to meet cotton-related challenges and ensure long-term sustainability and profits. Until today, raw material management was largely based on the experience of mill personnel, with available tools at the level of Excel files. This resulted in low utilization of data, because of the complicated and time-consuming processes which ultimately could not offer optimum results.

Data-enabled software is the key to progress and success with raw material management. Uster FiberQ works with powerful software, analyzing fiber data from available inventories and creating consistent and reliable laydowns for optimum yarn quality and performance, every day.

Comprehensive and convincing

“I was asked by several mill managers about the advantages in choosing the Uster solution for raw material management,” Fragkotsinos said. He acknowledges that simple worksheets or own tools might be used by mills to support the work, but they are unable to handle the complexity and the deep knowhow required to achieve and sustain raw material management in spinning mills. “Uster offers a complete solution, starting from measuring the cotton parameters with the HVI, leading to big data analysis with know-how integrated software and including expert services from Uster technologists to ensure maximum and continuous value creation for the customer,” Fragkotsinos added.

The Uster “Think Quality” approach makes FiberQ unique and it’s the central theme of the Uster raw material management webinar series. Uster’s second webinar is titled “How raw material data can boost profit in spinning.” It focuses on how spinners can apply Uster solutions to address today’s raw material management challenges and boost their profitability. The webinar will explain how data can be translated into insights for improvements in raw material procurement and production.

For more information and registration see https://event.eu.on24.com/wcc/r/8000049289/AACF0C9A4AD829C4322AB914F32F9AEF?partnerref=cd

The first webinar on the subject “How to optimally manage cotton as a raw material” is available on demand from the link https://event.eu.on24.com/wcc/r/8000041407/FCCF6F220DEA316BDCAB8DA7CBDEC1B3?partnerref=cd

The Uster webinars are in English and free of charge. Like the FiberQ solution, the Uster webinars are developed with the goal of supporting spinners and quality managers to improve the overall process — from fiber to yarn.

Posted: October 23, 2023

Source: Uster Technologies AG

Lenzing Fiber Identification System Guarantees Traceability Of LENZING™ FR Fibers In Protective Wear

LENZING Protective Wear

LENZING, Austria — October 23, 2023 — Lenzing Group, a global producer of wood-based specialty fibers, is addressing the increasing need for material transparency and traceability in protective wear by utilizing the Lenzing Fiber Identification System for LENZING™ FR (flame resistant) cellulosic fibers. The system, which can identify LENZING FR fibers at every stage of production, guarantees unparalleled traceability, quality assurance, and trust in protective garments. Lenzing is also continuing its solid efforts in reducing carbon emissions by ensuring LENZING FR protective wear made from modal-based fibers set a new standard in responsible production processes. Carbon neutral LENZING FR fibers, certified by ClimatePartner, are also available to address growing sustainability needs in the industry.

Protective Wear used in the metal industry

“The growing demand for supply chain transparency among industry partners and consumers highlights the vital role of technology, like the Lenzing Fiber Identification System, has in guaranteeing the authenticity of LENZING FR fibers used in protective wear. This technology is becoming more important in today’s industry landscape, as material traceability and supply chain transparency will gradually become essential requirements in public and private procurement processes,” said Oliver Spöcker, director, Workwear & Protective Wear, Lenzing. “With over 45 years of industry experience in FR cellulosic fiber production, Lenzing provides high quality FR cellulosic fibers that deliver superior protection and durability through our extensive fiber portfolio. Thanks to our Fiber Identification System and industry know-how, we can ensure that authentic ingredients used in protective garments can provide the optimal protection required in accordance to relevant industry requirements.”

Fiber Identification System boosts confidence in supply chain

LENZING FR fibers are manufactured using renewable raw material wood sourced from controlled and certified forests in Austria and Central Europe in accordance with the stringent guidelines of the Lenzing Wood and Pulp policy. As one of the world’s oldest and most experienced companies in the industry, Lenzing is an enabler of supply chain transparency by ensuring traceability of Lenzing’s cellulosic fibers. The Lenzing Fiber Identification System can identify LENZING FR fibers at every stage of production, providing quality control and authenticity assurance. The system provides value chain partners with peace of mind that genuine, premium Lenzing fibers are used, enhancing their confidence in the supply chain. LENZING FR fibers are available with FSC or PEFC certification upon request and have been granted BioPreferred designation by the United States Department of Agriculture (USDA).

Prioritizing reduction of carbon emissions during production processes

LENZING FR fibers are produced using a fully integrated production process that uses more than 83% of renewable energy, resulting in 80-percent lower greenhouse gas emissions than generic modal fibers1. Carbon neutral LENZING FR fibers2, certified by ClimatePartner, are also available as an option for value chain partners who are keen on reducing their carbon footprint without compromising protection and comfort.

Raising the bar for protective garments

Certified by EU Ecolabel3, LENZING FR fibers are used in protective garments of firefighters, military, police, and oil and gas and metal manufacturing industries in more than 100 countries. Setting new quality standards in the industry, protective garments made of LENZING FR fibers are light, breathable, soft, and comfortable even in extreme heat conditions. Additionally, LENZING FR fibers have met the definition of “inherently flame retardant and resistant fibers” as specified by the European Man-made Fibers Association (CIRFS). LENZING FR fibers are also offered in a variety of colors using Eco Color technology, with up to 50 percent of energy and water savings and a 60 percent reduced carbon footprint than conventional resource-intensive dyeing method4. With long-lasting color fastness and design flexibility, LENZING FR fibers do not require additional color processing by yarn makers or fabric mills and are less prone to fade even after repeated washing.

Lenzing will showcase the industry’s first environmentally friendly firefighter garment at the A+A trade fair (booth 16/C56) in Germany on October 24-27, 2023. With a focus on circularity, the firefighter garment comprises of more than 50 percent of LENZING FR fiber content in all layers, including a significant amount of mechanically recycled LENZING FR and other high performance fibers.

1 Details of the certification are available on the TENCELTM website. Find out more: www.tencel.com/true-carbon-zero


2 Carbon neutrality is achieved by measuring, reducing and offsetting remaining carbon emissions by financing carbon compensation

projects (e.g. reforestation projects) and by retiring carbon credits so that the impact of global warming of the product’s carbon footprint is calculated as zero.


3 The EU Ecolabel is recognized in all member states of the European Union, as well as Norway, Liechtenstein and Iceland. The voluntary label, introduced by an EU regulation in 1992 (Regulation EEC 880/92), has gradually become a reference point for consumers who want to help reduce pollution by purchasing more environmentally-friendly products and services

4 Details about energy and water savings and reduced carbon footprint can be found in our Lenzing for Protective Wear brochure.

Posted: October 23, 2023

Source: Lenzing Aktiengesellschaft

7th BIGTEX — Bangladesh International Garment & Textile Machinery Expo — To Begin October 26 At The International Convention City Bashundhara In Dhaka, Bangladesh

DHAKA, Bangladesh — October 22, 2023 — 7th BIGTEX – Bangladesh International Garment & Textile Machinery Expo, will begin on October 26 at the International Convention City Bashundhara in Dhaka.

Industry Minister, Nurul Majid Mahmud Humayun, MP is expected to inaugurate the exposition on October 26 at 12:00 p.m. which will continue until October 28.

RedCarpet Global Limited, the organizer of the BIGTEX expo, disclosed details about the mega exhibition at a press conference on Sunday (October 22) at the Economic Reporters’ Forum (ERF) auditorium in the city.

The organizers said targeting the entire Textile, Garment & Apparel industry, they are organizing five international exhibitions simultaneously at the same place — named Bangladesh International Fabric & Yarn Expo, Bangladesh International Printing, Packaging & Signage Expo and Bangladesh International Dyes, Pigments & Chemicals Expo and 3P Expo – Bangladesh International Paper, Printing & Packaging Expo.

These exhibitions will also play an important role by showcasing latest machineries, technologies, dyes/chemicals, yarns, fabrics available for Bangladesh on display with manufacturers/suppliers from the world available to our Industry at the doorstep. Also the expo will provide an opportunity to experts, engineers & technicians in the field of textile to have a practical knowledge of the recent technological advancements available, without going abroad.

Ahmed Imtiaz, CEO of Redcarpet Global, mentioned that the expo will have almost 160 stalls from 12 countries including Asia and Europe.

Bangladesh holds the position of 2nd largest apparel exporter in the world & forecasted a target of $100 billion export by 2030, it needs quality Garment & Textile Machinery, Equipments, Technology, Printing & Packaging Machinery, Signage, Yarn, Fabric, Trims, Accessories, Dyes, Pigments, Chemicals at best Price. This expo will help manufacturer & dealers to showcase their products, where Bangladesh garment & textile factory owners & apparel exporters can get in touch with them, he said.

Besides, the participants will be able to identify business contacts with prospect of entering into subsequent business negotiations, he said.

Bangladesh Garment Manufacturers & Exporters Association and Bangladesh Knitwear Manufacturers & Exporters Association are the associate partner of the exhibition and Image Group is the Powered by partner of the Printing expo. This expo is supported by Bangladesh Paper Mills Association, endorsed by Bangladesh Sign Materials and Machineries Importers Association (BSMMIA) & Bangladesh Digital Printers Owners Association (BDPOA).

A.K.M Ahamed Ullah, Secretary, Bangladesh Digital Printers Owners Association, Md Manik Dewan, Secretary, Bangladesh Sign Materials and Machineries Importers Association, Md. Abdus Salam, CEO, Images Ltd., Mohammad Ashraful Islam Riyadh, editor & publisher, Textile Focus also spoke about exhibitions in the press conference.

This Expo will be open for general & trade visitors from 10:30 am to 7:30pm every day.

Posted: October 22, 2023

Source: RedCarpet Global Limited

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