Home / Knowledge / News / Textiles / WTS explores business basis of textile sustainability
WTS explores business basis of textile sustainability
16
Nov '15
The World Textile Summit, a unique one-day event that brings together the world's most influential textile business leaders to debate issues of strategic importance to the global industry, gave more than 150 textile industry leaders a range of expert insights into the business issues that feed into decisions on sustainability in the textile supply chain.

Co-located with ITMA 2015 in Milan, the world’s most prestigious exhibition of textile manufacturing technology, the Summit had a programme designed to examine how investment in ‘clean’ manufacturing or the use of sustainably sourced materials can help add value to companies at all levels of the supply chain, WTS said in a press release.

It opened with a keynote address by Mary Porter Peschka, Director, Advisory Solutions, at the International Finance Corporation (IFC), a member of the World Bank Group. Peschka explained how the IFC, which operates as the Bank’s commercial arm, assists Small and Medium-sized Enterprises (SMEs) in developing countries, providing  both investment and advice. It also provides consultancy to industry and governments on measures to improve sustainability.

The subject of sustainability aligned with the overarching theme of ITMA 2015, which continues at the Fiera Milano Rho, in Milan until November 19, and the event was structured to assist senior textile decision-makers in formulating strategy. Its elements include the role of sustainability in differentiating brands and companies, business profitability and security, investment decisions, the circular supply chain, customer acquisition and retention and product development

Paula Oliveira, Director, Interbrand, who explained how sustainability can deliver a marketing edge by differentiating brands and companies. Vivek Tandon, co-founder of French private-equity investor Aloe Group, which specialises in sustainable investments and has interests in the fibre sector, gave an investor’s perspective.

There then followed a session in which three textile industry leaders gave their first-hand accounts of the advantages of investment in ‘clean’ manufacturing. Maurizio Ribotti, of Canepa SpA (Italy), Roger Yeh, of Everest Textile Co Ltd (Taiwan), and Ajay Sardana, of Aditya Birla Group (India), each briefly described their company’s experience and joined an open discussion on the investment case for ‘green’ technology.

The event ended with Burak Tun, Director Sales, Menderes Tekstil (Turkey) and Alan Garosi, Global Marketing Manager, Fulgar (Italy) each presenting a short case study, focusing on their own company’s application of environmentally friendly materials, and were joined on the platform by Peter Waeber, of bluesign technologies, for an open discussion on the strategic choices to be made in material selection. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Plan under way to revive Egypt's state-run textile firms

Textiles | On 20th Oct 2018

Plan under way to revive Egypt's state-run textile firms

Egyptian minister for the public enterprise sector Hisham Tawfiq...

Myanmar asks garment units to set up skill testing centres

Apparel/Garments | On 20th Oct 2018

Myanmar asks garment units to set up skill testing centres

Myanmar’s ministry of labour, immigration and population has asked...

Results of Cameroon transgenic cotton trials by 2018 end

Textiles | On 20th Oct 2018

Results of Cameroon transgenic cotton trials by 2018 end

Cameroon’s national cotton development company Sodecoton will...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Riddhika Shah, SS Homme

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search