H&M apologizes for ‘Monkey’ image featuring Black Child

The clothing retailer H&M apologized on Monday, Januar 8, 2018 for an image appearing in its online store that showed a black child model wearing a hooded sweatshirt that said “coolest monkey in the jungle.” The company removed the image on Monday and said it would also pull the shirt from its stores worldwide The … More H&M apologizes for ‘Monkey’ image featuring Black Child

Winners and Losers – Rieter’s examination of spinning mills and the machinery market

In the latest published customer magazine of Swiss Rieter, we found an excellent examination of spinning mills and the machinery market. The guest author of the feature is Martin Werder, Rieter’s Senior Marketing Manager Machines & Systems. We are delighted to publish his evaluations, and we at TextileFuture are convinced that this is some food … More Winners and Losers – Rieter’s examination of spinning mills and the machinery market

Disruption in Eye Wear

Key points The global eyewear market, which includes spectacles, sunglasses and contact lenses, was valued at USD 121 billion in 2016. This market is forecast to grow at a compound annual growth rate (CAGR) of 2.4 % to reach USD 136 billion by 2021, according to data from Euromonitor. Fung Global Retailtech believes there is … More Disruption in Eye Wear

Mumbai all set to get its first textile museum

Mumbai, the Indian megalopolis by the Arabian Sea is all set to get its first textile museum to document, archive and represent Mumbai’s textile legacy. The Brihanmumbai Municipal Corporation (BMA), Mumbai’s governing civic body, will start with construction of textile museum in February of this year, more than eight years after the initial proposal was … More Mumbai all set to get its first textile museum

November 2017 compared with October 2017 Industrial producer prices up by 0.6% in both Euro Area and EU28

In November 2017, compared with October 2017, industrial producer prices rose by 0.6 % in both the Euro Area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2017, prices increased by 0.4 % in both zones In November 2017, compared with November 2016, industrial producer … More November 2017 compared with October 2017 Industrial producer prices up by 0.6% in both Euro Area and EU28

Flash estimate – December 2017 Euro Area annual inflation down to 1.4%

Euro area annual inflation is expected to be 1.4% in December 2017, down from 1.5 % in November 2017, according to a flash estimate from Eurostat, the statistical office of the European Union Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in December (3.0 %, … More Flash estimate – December 2017 Euro Area annual inflation down to 1.4%