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India-US FTA can lay down trade rules for the 21st century

India-US FTA can lay down trade rules for the 21st century

  When 15 countries including the 10 ASEAN nations signing the Regional Comprehensive Economic Partnership (RCEP) deal on November 15 this year, India decided against participating as it perceived the deal could block India’s exports and spur imports, mainly from China. The China-backed deal would have ac... Read more

Localization can make India the epicenter of global textile growth

Localization can make India the epicenter of global textile growth

  In June this year, home textiles major Welspun India forayed into the health and hygiene vertical by creating antimicrobial towels, sheets and carpets. Besides, antiviral products, masks and other goods, the company also launched several sleepwear products. The company started by manufacturing masks and distr... Read more

Luxury sector banks on pre-Christmas rush to boost business

Luxury sector banks on pre-Christmas rush to boost business

   Compensating for dismal performance in the second quarter, the global luxury sector surpassed expectations in the third quarter with notable performances from LVMH and Hermes. As per Business of Fashion, the fashion luxury sector was abuzz with activities this month with Tiffany reviving deal with LVMH ... Read more

Its advantage India as the world looks away from China for sourcing yarns

Its advantage India as the world looks away from China for sourcing yarns

  The ban on import of Chinese textiles by the US might prove to be a blessing for the Indian textile industry, spurring not just its cotton but also silk exports. Focus on Indian cotton China caters to around 30 per cent of cotton consumed globally. A ban on Chinese cotton globally may shift world’s fo... Read more

Curbing overconsumption can help China tackle fashion waste

Curbing overconsumption can help China tackle fashion waste

  One of the world’s biggest fashion markets-China throws away 26 million tons of clothes every year. Less than 1 per cent of these discarded clothes are reused or recycled, which contributes to 10 per cent of global carbon emissions, says a report by the Ellen MacArthur Foundation. Exporting used clothe... Read more

Required: An urgent resizing of Indian sizing charts

Required: An urgent resizing of Indian sizing charts

  In January this year, the Kerala government introduced a ‘fat tax,’ on certain food types not suitable for consumption. The tax aims to curb consumption of unhealthy foods in India. In fashion, especially couture, the tax refers to the practice of charging extra for clothes in bigger sizes. Fat t... Read more

Vietnam could gain if Bangladesh fails to tap duty-free knitwear exports to…

Vietnam could gain if Bangladesh fails to tap duty-free knitwear exports to China

  National perspective plans ‘Vision 2021’ and ‘Vision 2041’ were launched by Bangladesh to transform itself from least developed countries (LDCs) to a middle-income country, and become a developed nation by 2041. ‘Vision 2041’ aims to amplify Bangladesh’s bilateral tra... Read more

RCEP: India stays out of largest trading bloc, US yet to respond

RCEP: India stays out of largest trading bloc, US yet to respond

  On Sunday, November 15, China and 14 other countries virtually signed the Regional Comprehensive Economic Partnership (RCEP), to create world’s largest trading bloc, encompassing nearly a third of all economic activity. The pact will cover 2.2 billion people with a combined GDP of $26.2 trillion. As per... Read more

British brands will continue to lure customers despite no-deal Brexit

British brands will continue to lure customers despite no-deal Brexit

  A huge change awaits the British fashion industry as UK finally ends its 47-year membership of the European Union on January 1, 2021. For years, the fashion retail industry has lived with the uncertainty of how UK will fair after exiting the EU without a proper deal. Particularly vulnerable would be the Briti... Read more

Quality and labor upgrade can help boost India’s textile productivity

Quality and labor upgrade can help boost India’s textile productivity

  Though India began unlocking its economy from June, normal textile production restarted much later which resulted in loss of many export orders. Ministry of Commerce and Industry stats reveal, India’s textile and apparel exports shrank almost 87.5 per cent year-on-year in April 2020. Since then, the dec... Read more

A focused strategy to help China drive global growth post pandemic

A focused strategy to help China drive global growth post pandemic

   COVID-19 and subsequent lockdowns affected everyone from frontline staff to top executives. Though China is slowly recovering from the crisis, it is grappling with a new environment where digital tools have replaced traditional business models. To investigate this shift, McKinsey & Company collabora... Read more

Ethical business practices, local craftsmanship boost Tunisian fashion trad…

Ethical business practices, local craftsmanship boost Tunisian fashion trade

  While the rest of the world is embracing fast fashion trends, Tunisian designers like Mechri are opting for environmentally conscious materials, reports Associated Press. They are ‘upcycling’ old or unwanted materials and incorporating high-quality fabrics into them. For instance, Mechri refurbish... Read more

ITMF elects Ruizhe Sun new President

ITMF elects Ruizhe Sun new President

  At International Textile Manufacturers Federation’s (ITMF) Hybrid ITMF Annual Conference 2020 held on October 22, 2020, the Committee of Management of the Federation elected new board members for 2020-22. Ruizhe Sun, President, China National Textile and Apparel Council (CNTAC), was elected the new pres... Read more

EU brassiere, girdle, corset market retains momentum in 2019

EU brassiere, girdle, corset market retains momentum in 2019

  Growing modestly at 3.5 per cent over previous year, the EU brassiere, girdle and corset market reached $3.2 billion in 2019. As per Indexbox stats, the market remained relatively stable from 2013-19 with an average annual growth rate of 2.4 per cent. The most prominent growth was recorded in 2018 at 6.6 per ... Read more

Luxury fashion business demands an overhaul

Luxury fashion business demands an overhaul

  Pushing industry stalwarts Brooks Brothers and Lord & Taylor to bankruptcy, the global luxury fashion market is crumbling under the weight of the COVID-19 pandemic, says a The New York Times report. Experts are reexamining business models followed by luxury fashion brands. They are also questioning the va... Read more

Sustainability, accountability can bridge the gap between fashion industrie…

Sustainability, accountability can bridge the gap between fashion industries

  Recent import data published by the Center for Global Workers’ Rights and Workers Rights Consortium exposes the glaring economic imbalance between the fashion industry in Western countries and the rest of the world. Faulty systems lead to industry fallout The data indicates, since the pandemic hit ear... Read more

South Korea, Japan aim for stronger fashion ecosystems focusing on local ta…

South Korea, Japan aim for stronger fashion ecosystems focusing on local talent

  The reopening of economies after COVID-19 induced lockdowns pushed fashion brands and event organizers across the globe to reinvent their working styles. Rumors of another wave of infections encouraged event organizers and attendees to remain attentive to changing market scenario. As a Business of Fashion rep... Read more

Capital-intensive model can curb labor exploitation in Sri Lanka’s garment …

Capital-intensive model can curb labor exploitation in Sri Lanka’s garment industry

  With contracts violating labor laws and human, civil and constitutional rights, labor exploitation was a norm in Sri Lanka till 2018. Salaries of apparel workers were dismally low. They were graded according to skills and experience and did not cover even their basic needs. Also, these workers were poorly tre... Read more

India: Amazon, Reliance need to collaborate for a better future

India: Amazon, Reliance need to collaborate for a better future

  Indian e-commerce battle has heated up with Seattle-based Amazon and Reliance Industries fighting over a $3.3 billion deal signed by the Mukesh Ambani-owned firm with the Future Group. The deal, which gives Reliance access to Future’s grocery stores and retail shops in India, is being challenged by Amaz... Read more

New orders make Bangladesh RMG immune to second COVID-19 wave

New orders make Bangladesh RMG immune to second COVID-19 wave

  Bangladesh readymade garment export to the European Union is likely to remain unaffected even if the second COVID-19 wave takes a more serious turn, reports The Business Standard. Work orders for the next spring/summer season in the country are pouring in with enquiries for next winter season also increasing.... Read more

India’s cotton production to touch 29.3 billion in 2020-21: USDA

India’s cotton production to touch 29.3 billion in 2020-21: USDA

  A ‘Cotton and Products Update’ report by USDA estimates heavy rains in Central and Southern India will impact the quality of the cotton yield this year. India’s cotton production is expected to reach 29.3 million 480-lb bales in marketing year (MY) 2020/21. The First advance estimates for 20... Read more

India to be the next global e-commerce market

India to be the next global e-commerce market

   Proving to be the black swan event, COVID-19 has given a massive fillip to the e-commerce sector in India. Reports suggest, the Indian e-commerce market contributes roughly about 4 per cent to the GDP. It is a fast evolving trend that has encouraged many foreign businesses to expand operations in India.... Read more

Millennial to drive American retail recovery post lockdown

Millennial to drive American retail recovery post lockdown

  The pandemic proved to be the final blow for the already-ailing apparel sector. Hit by declining sales, the sector saw shoppers buying apparels more through e-commerce and less through bricks-and-mortar stores. As a Coresight Research report suggests, 55 per cent shoppers avoided visiting malls in early Septe... Read more

Indian Direct-to-consumer brands target $100 billion turnover by 2025

Indian Direct-to-consumer brands target $100 billion turnover by 2025

  Avendes Capital, the leading investment banking arm of financial services firm Avedus Group expects, COVID-19 related restrictions will prompt consumers to discover new Direct-to-Consumer (DTC) brands that may collectively achieve $100 billion turnover by 2025. In fact, over 600 DTC brands have entered Indian... Read more

Bangladesh continues to lag in the high-end apparel production

Bangladesh continues to lag in the high-end apparel production

   Despite majority of its garment factories complying with international quality standards, Bangladesh has not been able to secure orders for high value-added or high-end apparels. The country is still stuck with the production of basic fashion items. Its shift to high-end apparel production is happening ... Read more

Strategic restructuring, innovation to drive China’s textile & clothing…

Strategic restructuring, innovation to drive China’s textile & clothing growth

  COVID-19 forced Indian textile industry to transfer a large number of textile orders to Chinese factories for production. For example, all orders received by 100 New Delhi factories were transferred to China. To fulfill these orders, Chinese factories are opening new production lines and expanding their staff... Read more

South African apparel retailers opt for local sourcing, move away from Chin…

South African apparel retailers opt for local sourcing, move away from China

  As COVID-19 has reemphasized the need to reduce dependence of Asian imports, South African clothing retailers are planning to boost local apparel production. As reported by the Kohan Textile Journal, one of South Africa’s biggest dedicated clothing retailers, The Foschini Group (TFG), has decided to red... Read more

Coronavirus Impact
LEADERS SPEAK

‘Retailers need to inform customers about the category of masks they are selling’

Bobby Arora, Director, Status Quo

Bobby Arora Status Quo“We wait for customers to come into our stores. At this moment it is important for every offline retailer to reach out to their customers and tell them about the new products they have started selling. They need to tempt and bring their customers to buy their product and when they buy they will obviously come in and buy more products. Sometimes even though we do not want to buy online but the continuous rotation of ads tempt us to buy the product but this doesn’t happen offline. In today’s situation retailers will have to adopt this approach of showing customers the products they need as it could be they are delaying the purchase of these products.” 
Read Full Interview Here

“China’s superiority may remain unchanged even after COVID-19”

Akira Kawashima, Senior Director, Japan Fashion Week Organization/Textile Division
Akira Kawashima Senior Director“Due to the turmoil caused by COVID-19, global apparel and textile industry has been greatly affected. In Japan, many people are forced to work from home and consequently not only individual workers (including freelancers) but also company employees are frightened of large-scale personnel-cuts. Incomes have reduced to 60 per cent of normal. Amid such a situation, people’s desire for ‘dressing’ is low. This tendency will continue for a while even after COVID-19 is over, which will lead to local small-mid-sized textile companies suffering from lack of funds, as they cannot wait for recovery, causing more bankruptcy and/or voluntary closures.” 
Read Full Interview Here

“Discount retailers and value-oriented brands stand to win”

Usha Periasamy, Director, Brands & Operations, Classic Polo
Usha Periasamy Director Brands Operations Classic Polo“Consumer spending is dramatically curtailed during a recession. Consumers have adopted short-term behaviour during the pandemic that in many cases will become permanent, as a lesson learned from such unprecedented occurrences. Not only do consumers become more financially conservative but also credit may become less available and a large cohort may go into default on their debt, dramatically limiting purchasing power. Consumers will wake up from the pandemic in a new economic reality, changing their commercial behaviours in extreme ways.
Read Full Interview Here

“Deferral of some duty payments and import fees would provide needed liquidity” 

Steve Lamar, President and CEO, AAFA
Steve Lamar President and CEO AAFAUS deferred duty payments on some imports for 90 days. American Apparel & Footwear Association (AAFA) President and CEO Steve Lamar agreed the deferral of some duty payments and import fees would provide "some of the liquidity needed to keep more Americans employed and more American companies operational during this crisis."
But he added: "Limiting the goods that qualify for deferral will in turn limit the relief that is provided for America's employers and also limits the beneficial impact for US supply chains that have been mobilised to meet the personal protective equipment shortage we face domestically. We urge that all goods – including textiles, apparel, footwear, and accessories facing Section 301 tariffs – be covered by this deferral action. Every day we have to pay those duties means another day we can't pay our workers." 
Quoted in Just-Style

Don’t use this opportunity to stitch up suppliers’

Simon Carter, Founder, Simon Carter menswear brand, UK
Simon Carter Founder Simon Carter menswear brand UKMy approach at the moment is that if you don’t need the expense, cut it, but don’t use this as an opportunity to stitch up suppliers. We are hearing stories of brands and retailers that are doing that but in my opinion it won’t serve them well in the longer term. The supply chains are going to be ravaged after this and you will need them. People will remember.
Cut costs and try to keep your cash where you can but you will be judged at the end of this. Try and make low level payment plans at the very least. Similarly, the Coronavirus Jobs Retention Scheme is very generous scheme. Be very careful with the furlough process and don’t abuse it. The government will be checking up. 
Quoted in UKFT

Crisis presents opportunities, and we will be ready to act on those that make good strategic sense”

 Chip Bergh, CEO, Levi Strauss
Chip Bergh CEO Levi Strauss“I also believe that crisis presents opportunities, and we will be ready to act on those that make good strategic sense,” said Chip Bergh, CEO, Levi Strauss , “ not underplay the human cost of the pandemic, or the need to protect employees,” he said, during a conference call with investors.
“Whether that’s taking back underperforming franchise businesses, or upgrading real-estate locations because of retail bankruptcies, or finding great talent in a decimated job market, the crisis gives us an opportunity to not just renew the business, but to reset it for the future.”
“We will play to our strengths, leveraging the strength of the brand, our connection with our fans, and the digital capabilities and omnichannel capabilities that we’ve invested in over the last few years,” he added. 
Quoted in WARC

“Coronavirus lockdown has changed our lifestyles in ways that make buying new clothes particularly irrelevant”

Andrew Lipsman, Principal Analyst, eMarketer
Andrew Lipsman Principal Analyst eMarketerConsumers are actually spending more on essential goods: Grocery stores saw a 26.9% increase in spending and health stores saw a 4.3% increase. This is partly because these are the only brick-and-mortar stores that are allowed to remain open right now, but it is also because consumers are worried about spending money unnecessarily with a significant recession looming on the horizon. Across the board, sectors that rely on discretionary spending have seen declines. “There is a lot of uncertainty and anxiety about the future,” says Andrew Lipsman, principal analyst at the research firm eMarketer. “People are shifting their spending to focus on the things they really need and cutting their budgets on less essential goods.” Quoted in Fast Company
Read Full Interview Here

‘India can take advantage of this situation and increase its textile exports’

G B Aras, Director Textile Engineering Group, ATE
G B Aras Director Textile Engineering Group ATE“One inherent advantage Indian textile industry has is that we are fully independent as far as the supply chain is concerned. Compared to other industries like pharmaceutical, electronics etc, their supply chain is dependent of global suppliers including China. So the industry that can really take advantage from global market with sustainable increase in exports is textile. If the government realizes this and gives proper support the industry will bounce back faster and increase its export share.”
Read Full Interview Here

“Buyers and Sellers should plan together to see how they can sustain”

K K  Lalpuria, MD, Indo Count 
K K Lalpuria MD Indo Count“The current situation is very uncertain, complex and unprecedented. Customers who closed their stores or point of sales have no option but to cancel their orders. In fact, we are unable to ship to even those who have not cancelled their orders. Some have deferred it where there is low impact believing it may start by the first week of June. As the situation has impacted both parties in the business they should take each other’s views in resolving issues; should be open for suggestions and see mutually how they can minimize the loss. They should plan together to see how they can sustain their market share and build on opportunities.
Read Full Interview Here

‘We need to learn from this crisis and push ourselves to be self-dependent’

R K Agarwal, Chairman, Telangana Spinners Association
R K Agarwal Chairman Telangana Spinners Association“Not only India and but the entire world is realizing, we need to have alternate supply sources. Indeed, this is a big eye opener for everyone more so for us since we are in competition with China. There is nothing that stops us from creating large capacities where we will be able to cater to the world’s requirement in various segments, and fulfill the entire value chain in apparel and the downstream industry. I am sure, many entrepreneurs will come forward to assess the pitfalls we are going through and the lessons learnt from them. In future, some investments will go through in fabric and other raw materials that we are sourcing from China. We need to learn from this and push ourselves to be self-dependent.” 
Read Full Interview Here

‘There is an opportunity for India as everyone will look for an alternative source’

Ramesh Poddar, Chairman, Siyaram
Ramesh Poddar Chairman Siyaram“Definitely there is an opportunity for India as everyone will look for an alternative source. Hence, if we are able to exploit this chance, then definitely there is a possibility for India to be the next sourcing hub. China on the other hand has the advantage of bulk production and to get that kind of advantage and to come to their cost structure will take time though our labour costs are comparatively the same and the advantage they have is of mass scale production. I feel India should take this challenge and fill the gap." 
Read Full Interview Here

‘Future apparel sale will depend on the sentiment that prevails after COVID-19’

R K Rewari, Managing Director, Morarjee  Textiles 
R K Rewari Managing Director Morarjee Textiles“It is wait and watch strategy as we have been informed by customers due to the pandemic all orders are on hold. We can prepare ourselves for future challenges of low demand. Low demand means markings are also low and competitiveness is higher in the market this puts pressure on us to go back to basics to see our cost structure, ways of doing business etc. Many things might change. One is low demand, and the other is new rules of conducting business, most of which will be through video conferencing etc. It looks like there could be a systematic change in overall structure. We are preparing ourselves by keeping our morale high, think positive and identifying the gaps that need to be filled to enable us to meet the challenge of demand whether it is low or high." 
Read Full Interview Here 
“When will life go back to normal? Hopefully never” 
Marina Gorbis, ED, Institute for the Future
Marina Gorbis ED Institute for the Future"The normal wasn't normal," said Marina Gorbis, executive director of Palo Alto's Institute for the Future. "The normal wasn't good." The Institute focuses not only on forecasting the future but also developing innovative solutions. "What kind of future do we want to live in?" she asks. "What kind of future do we want to create? And what can we do to promote that desirable future?" COVID-19 has disrupted what we thought was normal. Gorbis said we're at the first of three stages. The first is reaction to the crisis. Reset is second when we re-assess and evaluate what happened and why. The third is reinvention. For example, the pandemic has revealed weaknesses in hospital capacity and gaps in who has health coverage. The pandemic has exposed the need for government help with many households vulnerable when a paycheck ends. "The fact that millions of people don't have $400 in savings in case of emergency is unacceptable. That's not normal," "I don't want to go back to normal," she concluded. "We need to create a new normal."

“I do not think any country is equipped to replace China including India”

Thomas Verghese, Former-Chairman, CII Marketing, Retail and Textile Councils
Thomas Verghese Former Chairman CII Marketing Retail and Textile Councils“Lack of credibility and trust will lead to many large brands looking for alternative sourcing to China but I do not think any country is equipped to replace China including India.  India does not have that kind of capacity to feed global demand and are not in a position for bulk manufacturing of normal commodity items. We do more of customized exports. We don’t do manufacturing of bulk items. We don’t have that capacity and infrastructure at the moment. It will take two to four years minimum even if everyone is aligned and the government gives supporting fiscal and tariff benefits. Given the reality of Indian industry and government’s policy support measures, it seems an unrealistic expectation.”
Read Full Interview Here

‘Once the country opens up, we will face severe worker issues’

R D Udeshi, President, Polyester Chain, Reliance Industries
R D Udeshi President Polyester Chain“Once the country opens up after the lockdown, at the onset, we will face severe worker issues. Textile industry is a labour-intensive industry and with large number of workers having returned to their native bases before and during the lockdown, availability of labour would be scarce. This is generally noticed after festivals and we are likely to face a greater challenge in bringing them back to work. However, we expect things to normalize by May, assuming that the lockdown is partially and reasonably eased by April. Some units will restart aiding workers to return back to their manufacturing hub and situation would gradually stabilise” 
Read Full Interview Here
A slowdown in demand will be seen for fairly a long time 
Arvind Mathur, CEO, Raymond UCO Denims
Arvind Mathur CEO Raymond UCO DenimsThe garment industry is facing a challenging situation. While buyers have stopped orders as they are facing their own problems and production have been cut down but what is bothering is that payments are being held back in most cases. As for our own operations, due to the national lockdown we are adhering to government directives and have stopped work. Once the lockdown opens in India and globally, we will decide the market as most of our products are export based and we do not foresee any immediate change in the situation. There will be a substantial cut down of orders and orders that are on hold or pending may or may not come back soon. I feel, India’s lockdown may continue for a longer time even though I hope it does not extend beyond April 14. Even the domestic market may not be normal once the lockdown is over. A lot of thing has shifted dramatically during this period the impact is going to be for long term. A slowdown in demand both from domestic and export market will be seen for fairly a long time after the lockdown.”

In short to midterm, it would impact as there’s disruption in global supply chain

Dilip Gyanchandani, Country Manager, India, Wool Mark Company
Dilip Gyanchandani Country Manager India Wool Mark CompanyFrom the textile and garment industry prospective there would be short- to mid- term business impact on volumes as due to the lockdown working factories have come down to minimum production levels. From September onwards, normalcy should be restored but it will take about three to four months for the industry to bounce back. Things are looking good now but it is an uncertain period and is difficult to say something at this stage because it looks like we are containing the pandemic.
Read Full Interview Here

‘Once everything normalizes there will be a big momentum’

Debabrata GoshOerlikon, General Manager India 
Debabrata Gosh General Manager India Oerlikon“Once everything normalizes there will be a big momentum. The advantage is that we have a huge potential and such big domestic market hence we are not dependent on exports alone. I don’t see any threat for the textile industry. As for opportunities, we are expecting more export orders in future because the same has happened in the yarn segment and it will happen in the fabric segment also and the world will take India more seriously as a manufacturer. So far everybody was dependent on China. Since they offered cheaper rates, people switched to China but now the world will think in a different way to keep the supply chain active from India.”
Read Full Interview Here
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INSIGHTS

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Spurring the biggest economic contraction since World War II, COVID-19 has hit every sector from finance to hospitality. Its discretionary nature makes the sector particularly vulnerable, say McKinsey... Read more

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

Top global brands/retailers have been flocking to Bangladesh for the quality of denim products at competitive prices. A new relatively new entrant in denim, Bangladesh expects strong demand for their ... Read more

COVID-19 is not the only reason for decay of brands and retailers today

COVID-19 is not the only reason for decay of brands and retailers today

Even before COVID-19 pandemic, most Western brands and retailers were struggling to survive. In the new millennium, brands and retailers increased their reach to new geographies by opening more and mo... Read more

McKinsey suggests five strategies for fashion companies to combat COVID-19

McKinsey suggests five strategies for fashion companies to combat COVID-19

Even as brick-and-mortar shut down, fashion firms can position themselves for recovery when the COVID-19 pandemic fades, says a McKinsey study. However, to achieve these objectives, firms need to firs... Read more

Time for brands to protect the industry by standing by their commitments

Time for brands to protect the industry by standing by their commitments

CANCEL the shipments, is not the right word at the moment, perhaps to HOLD could be more reasonable. Brands should stand by their commitments as their orders are already in process. This is the only ... Read more

 
Trends that will Influence 2020
TRENDSPOTTING 2020
FEATURED EVENTS
ITAVTS 2020
CEO 2020 FE
 
TEXTILE TECHNOLOGY UPDATE

MOST POPULAR NEWS
 
COTTON INDEX
Cotton - Daily Price - Commodity Prices - Price Charts, Data, and News - FashionatingWorld
 
HOW TEXTILE RECYCLING WORKS

India’ yarn exports increase mere 1 per cent in October

   India’s yarn exports increased a meager 1 per cent to $289 million in Oct... Read more

J Crew to reshuffle current leadership

   Troubled retailer J Crew Group plans to replace its present CEO Jan Singer with... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

Hyosung launches eco-friendly stretch fibers

   Hyosung has launched a new range of eco-friendly stretch fibers. The first of t... Read more

US household expenditure posts more than expected rise in October: Report

   Latest Commerce Department report shows more than expected rise in US household... Read more

Manufacturers seek reduction in raw material costs for MMF garments

   Garment manufacturers in India believe, to compete in the fast-growing global M... Read more

Cotton production to decline by 4 lakh bales

   The Cotton Association of India predicets, India’s cotton production will... Read more

VSF exports decline by 4% from January-September 2020

   VSF export of India totaled 54,000 tonneduring January-September this year and ... Read more

Oxam report accuses Australian brands of sustaining systemic inequality

   A new research from Oxam has accused some of biggest Australian fast fashion br... Read more

Wool prices on a rebound: AWI

   At the organization’s annual general meeting, Colette Garnsey, Chairman, ... Read more

Invista expands Nylon Polymer Plant capacity

   Invista Nylon Chemicals (China) has expanded capacity of its 40,000-ton per yea... Read more

Intangible assets of companies jump to $10.8 trillion: Brand Finance

   As per a Brand Finance report, value of intangible assets of the world’s ... Read more

CCI to complete major export order to Bangladesh by December

   As per the Cotton Corporation of India (CCI), a large cotton export order betwe... Read more

Gap Inc reports 5 per cent increase in comparable sales in Q3

   For the third quarter ended October 31, 2020, American fashion company Gap Inc ... Read more

China’s apparel sector stages faster recovery than other countries: USDA

   Recent trade data from the HS Code reveals COVID-19’s impact and signs of... Read more

Cone Denim launches Cone Community Collection

   In order to support its efforts to end the global water crisis and increase acc... Read more

Fast Retailing ranked on the Dow Jones Sustainability index

   For the first time in 2020, Fast Retailing secured a position on the Dow Jones ... Read more

Urban Outfitters Q3 profits rise 38 per cent

   The third quarter profits of Urban Outfitters, owner of brands Anthropologie, F... Read more

India’s RMG exports rise by 10% in October ’20

   As per the data released by the Ministry of Commerce, India registered a massiv... Read more

ROICA launches Imagining Sustainable Fashion Award

   ROICA has launched the ‘Imagining Sustainable Fashion Award ‘that a... Read more

Richard Collier to be the new CEO of Jack Wolfskin

   Richard Collier will become the new CEO of Jack Wolfskin effective December 1, ... Read more

Cambodia closes 110 garment factories till September

   At least 110 garment factories in Cambodia have been closed in the first nine m... Read more

C.L.A.S.S to launch talk on responsible fashion business

   C.L.A.S.S. ecohub, the platform empowering responsible fashion and textile busi... Read more

Bangladesh Shipping and Ports authorities demand withdrawal of ECRS

   In a letter to the shipping ministry, Chittagong Port Authority and Bangladesh ... Read more

Top Glove to close 50 per cent factories as COVID-19 cases surge

   World's biggest manufacturer of surgical gloves, Top Glove plans to close over ... Read more

Gujarat wholesale markets witness heavy buying during Diwali

   Most wholesale markets in Gujarat witnessed heavy buying during Diwali from buy... Read more

Pakistan’s RMG exports increase 4.6 per cent from July to October

   As per Pakistan Bureau of Statistics, RMG exports by the country grew by 4.6 pe... Read more

PVH appoints new board members

   PVH Corp has appointed Allison Peterson, Chief Customer Officer, Best Buy Co, a... Read more

LVMH promotes Anne de Vergeron as CEO of Repossi

   LVMH has promoted board member Anne de Vergeron as the new CEO of fashion house... Read more

Indigo knitwear helps address need for flexible denims: Experts

   Indigo knitwear is addressing consumers’ needs for flexible denims by exp... Read more

Entrepreneurs launch new initiative for sourcing needs

   Gurgaon-based entrepreneurs Kapil Kamra, Ashish Tanwar and Wesley Brono have la... Read more

Gurgaon-based entrepreneurs launch new initiative for garment sourcing need…

   Gurgaon-based entrepreneurs Kapil Kamra, Ashish Tanwar and Wesley Brono have la... Read more

15 countries sign RCEP to launch world’s biggest free trade bloc

   On November 15, 2020, 15 countries alongwith the Association of Southeast Asian... Read more

Sign FTAs with ASEAN nations to boosts exports, urge Bangladesh’s experts

   At a recent webinar organized by the Bangladesh Ministry of Foreign Affairs exp... Read more

Restrictions on exports to China can cripple the Australian wool industry: …

   According to a report by Rural Bank, restrictions on Australian wool exports to... Read more

Surat manufacturers bag orders for 10 lakh meter fabrics from defense force…

   Textile manufacturers in Surat have received orders to manufacture 10 lakh metr... Read more

Remove restriction on additional utilization of electricity, urges PRGMEA

   As the industry awaits the notification of the government’s recent energy... Read more

Global kidswear market to reach $252.2 billion by 2027: ReportLinker

   As per ReportLinker, the global market for kidswear will reach $252.2 billion b... Read more

Canada’s knitted fabric imports decline by 14.70%

   As per Statistics Canada, the country’s import of knitted fabrics decline... Read more

Virtual Techtextil North America &Texprocess Americas organizes session…

   This month, the Techtextil North America and Texprocess Americas Virtual Sympos... Read more