Industry News
TMF Global Textile Industry Survey reveals cautious recovery amid persistent challenges
T
he ITMF’s 30th Global Textile Industry Survey conducted in January 2025 reveals a cautiously optimistic outlook amid ongoing challenges in the textile value chain.
While the overall global business balance remains negative at -15 percentage points (pp), the trend has been on an upswing since November 2024, especially in South America, which shows a positive balance of +21pp. Notably, garment manufacturers have also turned positive, registering a balance of +3pp.
Looking ahead, optimism is growing with 43% of survey participants expecting improved conditions in the next six months, lifting the global outlook to a positive balance of +29 percentage points. Regions like South America and producer groups such as spinners, which report a balance of +46pp and +45pp, respectively, are leading this sentiment. Order intake continues its steady recovery with January 2025 figures showing a balance of -6pp after 14 months of progress. South Asia and South America post strong positive performances, but home textile is the only segment with a positive balance.
Mimaki PICT cloud software transforms printer fleet management
C
ompatible with the Japanese manufacturer’s latest printers, Mimaki’s Printer Information Cloud Technology (PICT) software has been designed to transform print fleet management.
A powerful, cloud-based platform, PICT provides print professionals with real-time insights and unprecedented control over their Mimaki printers.
The technology integrates seamlessly with Mimaki’s extensive range of printers and is accessible via Windows, iOS, and Android platforms.
Chris Adams, technical manager at Hybrid
PICT gives PSPs control over their Mimaki printers
Services, said: “With PICT, we’re giving businesses the tools they need to stay ahead in a competitive market. PICT isn’t simply about monitoring printers – it’s about creating a smarter, more efficient way to manage print production.”
The platform’s cost control and analysis tools further enhance its appeal, offering detailed breakdowns of ink consumption and usage patterns, helping businesses optimise budgets and reduce waste. Combined with the ability to project future ink usage and ensure consistent supply levels, PICT offers a solution for organisations seeking to maintain uninterrupted production.
Meanwhile, the global order backlog has risen to 2.5 months, with North & Central America at 2.9 months, indicating increased demand despite persistent concerns.
Challenges persist as global capacity utilisation rate slips to 72%, even though it remains above previous lows. The survey also highlights ongoing worries over weak demand and geopolitical risks, with high energy and raw material prices adding to industry pressures. However, order cancellations have stayed low and stable, and overall inventory levels have remained relatively unchanged.
Gildan donates garments worth thousands to LA wildfire victims
G
ildan has donated $200,000 worth of American Apparel and Gildan garments to
FireAid, a concert benefiting those affected by the wildfires in Los Angeles, California.
Shirts and hoodies were available for purchase at the event with all funds from their sale going directly to short-term relief efforts as well as long-term initiatives to prevent future fire disasters in Southern California. Chuck Ward, president, sales, marketing and distribution, said: “At Gildan, we believe in making apparel responsibly and supporting the communities in countries where we operate.
“Our hearts go out to everyone, who has been affected by the wildfires in Southern California, and we are pleased to contribute to the relief efforts through our donation to the FireAid concert.”
The concert took place on January 30 and featured two star-studded line-ups.
| 10 | March 2025
www.printwearandpromotion.co.uk
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