textile reports results news

23rd Apr 2024

Procter & Gamble reported net sales of $20.2 billion in Q3 FY24, a 1 per cent increase year-over-year. Organic sales rose 3 per cent, showing strong core business performance despite economic fluctuations. Earnings per share increased by 11 per cent to $1.52 in Q3 FY24. The company also saw a rise in its operating margin by 90 basis points.

23rd Apr 2024

The UK government has announced plans to ban wet wipes containing plastic as part of efforts to combat pollution. Legislation will be introduced in England before the summer recess, with Northern Ireland, Scotland, and Wales following by autumn. The move, which has strong public support, aims to reduce microplastic pollution harmful to ecosystems.

22nd Apr 2024

Loughborough University's Wolfson School of Mechanical, Electrical, and Manufacturing Engineering is leading the development of nanogenerator technology for cost-effective and health-monitoring apparel. Their recent progress involves 3D-printed Triboelectric Nanogenerators (TENGs), designed to harvest energy from motion for sensing purposes.

22nd Apr 2024

At the upcoming Techtextil 2024, BASF will unveil sustainable textile solutions, emphasising circularity. Loopamid, the first PA6 entirely from textile waste, promotes fashion circularity. Ultramid Ccycled uses chemically recycled plastic, while Ultramid BMB integrates biowaste. Elastollan TPU offers versatility, including bio-based options.

19th Apr 2024

Thinx has launched LeakSafe Barrier technology across its product range, providing up to 12-hour leakproof protection. With a patent-pending 4-layer gusset, the innovation absorbs heavy flows equivalent to 12 tampons or 3 menstrual cups. Designed for comfort and functionality, it reduces the need for disposable products and mid-day changes.

19th Apr 2024

Neal Reed has become the senior VP and MD for P&G Australia and New Zealand, succeeding Kumar Venkatasubramanian, who will move to lead P&G India. Kumar's tenure saw record growth and inclusion initiatives. With more than 28 years at P&G, Reed's global experience, particularly in sales and leadership roles, positions him well for the role.

19th Apr 2024

INDA and ISSA's 2024 Clean Advocacy Summit in Washington DC witnessed INDA members engaging in congressional meetings to advocate for the WIPPES Act and tariff relief. Panels covered wipes policy, consumer education, trade, plastics, and PFAS. INDA president Tony Fragnito stressed the importance of industry engagement in legislative discussion.

19th Apr 2024

Standard Textile has announced the launch of its Take-Back Recycling programme, emphasising sustainability in linens disposal for healthcare and hospitality sectors. Now, customers can return retired linens, repurposed into products like carpet padding. Pilot testing with hospitality partners diverted more than 3,000 pounds from landfills.

19th Apr 2024

HIGHTEX 2024, a premier exhibition in Turkiye, will unite global leaders in technical textiles and nonwovens with buyers from June 4-8, 2024. Anticipated record attendance highlights sector growth and innovation focus. The event will showcase latest products across diverse industries, fostering collaboration, networking, and trend exploration.