Global silk market outlook

July 10, 2020

According to Technavio’s report “Global Silk Market 2020–2024,” the silk market is poised to grow by USD 6.87 billion, progressing at a CAGR of almost 9% during the forecast period. The new report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is concentrated, …

SBA releases new PPP loan forgiveness applications

July 9, 2020

The U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, which was signed into law by President Trump on June 5, 2020. In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application …

Tennessee Webbing Products offers custom webbing sourcing services

July 6, 2020

Tennessee Webbing Products has announced its new custom webbing sourcing services. The program offers manufacturers the ability to “stock and release” premium webbing over time, buying it at a set price and having Tennessee Webbing warehouse it over the course of a year. “We are finding more and more that first-quality custom webbing is becoming …

Call for Women in Textiles Summit speakers

Industrial Fabrics Association International (IFAI) has issued a call for speakers for its Women in Textiles Summit being held March 3–5, 2021, in Braselton, Ga. The call for speakers is an opportunity for individuals and organizations to develop bold, valuable and worthwhile content attendees are eager to hear. The vision of the summit is to …

Industrial fabrics market outlook

July 2, 2020

According to the report “Industrial Fabrics—Global Market Trajectory & Analytics” by ResearchAndMarkets.com, amid the COVID-19 crisis and the looming economic recession, the industrial fabrics market worldwide will grow by a projected US$32 billion during the analysis period (2020-2027), driven by a revised compounded annual growth rate (CAGR) of 3.4%. Polyamide, one of the segments analyzed …

Field to Market and U.S. Cotton Trust Protocol partner

June 29, 2020

Field to Market: The Alliance for Sustainable Agriculture and the U.S. Cotton Trust Protocol have announced a new agreement that formalizes a partnership between the two organizations to document and accelerate sustainable outcomes for U.S. cotton production. The partnership strengthens the ability of cotton growers and the value chain to drive continuous improvement, combining two …

ITMF releases fourth survey on the pandemic and the global textile industry

June 26, 2020

Between May 20 and June 8, 2020, the International Textile Manufacturers Federation (ITMF) conducted its fourth ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the corona pandemic had on the global textile value chain. In total around 600 companies from around the world participated. On a global scale, current orders …

Deadline to apply for Paycheck Protection Program is June 30

June 24, 2020

Following the enactment of the Paycheck Protection Program (PPP) Flexibility Act–which was recently signed into law by President Trump –the Small Business Administration (SBA) confirmed that Tuesday, June 30, 2020, remains the last date on which a PPP loan application can be approved. In addition to confirming the PPP application deadline, the Paycheck Protection Program …

Tent Expo 2021 postponed to January 2022

June 22, 2020

Tent Expo 2021 has been postponed to January 2022. Tent Rental Division (TRD) chairman Michael Tharpe released the following statement: The COVID-19 pandemic has hit our members hard and changed the way in which we do business in today’s environment. As your association, TRD has felt your pain and has listened to your issues and concerns …

AATCC announces upcoming webinars on innovative business practices

The AATCC has announced two upcoming webinars focused on innovative business practices. June 29, 2020; 11:00 AM (EDT) Webinar: Drive Organic Growth… with B2B-optimized Customer Interviews  Presented by Dan Adams, president of The AIM Institute Learn how to put your B2B advantages to work, so you can go beyond “hand-me-down” consumer voice-of-customer methods. Great interviewing leads to better …