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Rise of non-traditional markets fuels apparel exports

Rise of non-traditional markets fuels apparel exports

"As per Export Promotion Bureau (EPB) data, in the July-December period of the current FY2018-19, Bangladesh’s apparel shipments to new export destinations like Australia, Brazil, Chile, China, India, Japan, Korea, Mexico, Russia, South Africa and Turkey posted a robust growth of 36.21 per cent in the first half ... Read more

Changing dynamics of global fashion market

Changing dynamics of global fashion market

"The axes of global trade are shifting, amid a surge in commerce between emerging economies in the global South. The dynamics may lead to a rethinking of sourcing and pricing strategies in the year ahead. That’s why “Trade 2.0” is one of the 10 big trends to watch out for in 2019 reveals the McKinsey&... Read more

Rise of the smart denim, solutions for design and sustainability

Rise of the smart denim, solutions for design and sustainability

"Designers today are equipped with the right mindset and tools to face the rapidly changing manufacturing and retail landscapes. In a panel discussion at Sourcing at Magic in Las Vegas recently, experts set out to further streamline some of the sector’s confusion. The panel titled, “Fashion Design Is All Ab... Read more

Vietnam-EU FTA to create history after seven years of wait

Vietnam-EU FTA to create history after seven years of wait

"The European Union and Vietnam are moving closer to clinching the Europe-Vietnam Free Trade Agreement (EVFTA) after nearly seven years of negotiations. The long-sought deal will boost Vietnam’s economic growth by nearly 8 per cent by 2025. As per the terms of the deal, Vietnam’s ruling Communist Party will... Read more

Innovation and sustainability to rule at Interfiliere Hong Kong

Innovation and sustainability to rule at Interfiliere Hong Kong

"On December 17th, 2018, Eurovet Group, the organiser of the leading international trade show events for lingerie, swimwear and active-wear supply chain and different sectors from Indonesian Lingerie Industry joined the develoPPP.de programme of the German Federal Ministry for Economic Cooperation and Development (BMZ)... Read more

Ignoring their aesthetic appeal, brands focus on sustainable products

Ignoring their aesthetic appeal, brands focus on sustainable products

"Though fashion provides consumers with a mode of self-expression, a celebration of originality and fine craftsmanship, or a temporary pleasure, it is also one of the world’s most polluting and wasteful industries. As a recent report by Ellen MacArthur Foundation reveals, global textile production has more than d... Read more

India’s knit T-shirts exports drop in Q2, Nigeria and South Africa are…

India’s knit T-shirts exports drop in Q2, Nigeria and South Africa are exceptions

"Growth in India’s knit T-shirt exports in Q2 FY 18-19 declined by 9.62 per cent over the previous quarter. Within the knitted T-shirts segment, cotton tees accounts for 73 per cent of the total share value at $414.54 million. The second topmost commodity in Q2 FY 18-19 under the knitted T-shirt segment included ... Read more

Indian textile and clothing exports decline in Q2 FY 18-19

Indian textile and clothing exports decline in Q2 FY 18-19

"India’s textile and clothing (T&C) exports in the second quarter of FY 18-19, dropped 5.82 per cent to $8,935.55 million over its previous quarter. The US still remains top export market for India’s T&C goods, with goods worth of $2,059.37 million exported the US. Export of knitted apparels surpass... Read more

Heimtextil 2019 showcases leading innovations in home, contract textil…

Heimtextil 2019 showcases leading innovations in home, contract textiles

"Heimtextil 2019 displayed key trends in structure, graphic patterns and health-promoting materials. The leading trade fair for home and contract textiles, held from January 8 to 11 in Frankfurt, offered an attractive backdrop for the innovations of 3,025 exhibitors from 65 countries. Graphic patterns dominated all seg... Read more

British brands tackle Brexit with diversification

British brands tackle Brexit with diversification

"With Brexit on a knife edge, many designers and small-time manufacturers doubt whether the bi-annual catwalk event London Fashion Week holds anything for them. A slowdown in customer spending has triggered cautiousness in the rag trade. Luxury retailer Harrods is increasing its spring/summer stock to protect the expos... Read more

Interim Budget 2019-20: Outlay for textile sector reduced, optimism ab…

Interim Budget 2019-20: Outlay for textile sector reduced, optimism about higher IT exemptions

"Textile industry welcomed the Interim Budget 2019-20 announced by the Finance Minister, Piyush Goyal. Sanjay Jain, Chairman, CITI feels the budget will give a major impetus to the textile and apparel consumption in India by increasing the purchasing power of middle class and farmers. He feels, the announcements highli... Read more

Indian fashion comes of age as growth graph keeps moving north

Indian fashion comes of age as growth graph keeps moving north

"As per The State of Fashion 2019, a survey issued by McKinsey & Company, a global management consultancy firm, India is likely to become a centrepoint for the fashion industry this year as its strengthening manufacturing sector and burgeoning middle class will create a whole new class of consumers.The fastest grow... Read more

Majority of fashion industry professionals report job satisfaction: St…

Majority of fashion industry professionals report job satisfaction: Study

"To discover how satisfied professionals working within the fashion industry are with their jobs, Business of Fashion surveyed over 1,400 fashion professionals and further analysed a sample set of 418 respondents — working in the UK, the US, France, Italy and Germany. The survey showed, majority of fashion indust... Read more

India needs the right approach to guarantee maximum benefits from RCEP

India needs the right approach to guarantee maximum benefits from RCEP

"Despite many rounds of negotiations, the suspense regarding India’s participation in the proposed 16-member mega-trade deal, Regional Comprehensive Economic Partnership (RCEP) continues. The Indian government has engaged three consultants: ICRIER, the Centre for Regional Trade housed in the Indian Institute of F... Read more

A wake up call for the Cambodian textile industry

A wake up call for the Cambodian textile industry

"Though, a recent survey by UN initiative Better Factories Cambodia (BFC) indicates improving conditions in the country’s garment factories, human rights violations demand new mechanisms for accountability and transparency in these companies. Hun Sen government and the international race to search the cheapest la... Read more

 
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Global women’s wear segment to maintain robust growth by 2020

The global women’s wear market is expected to register robust growth by 2020 as fashion i... Read more

Worst nine year drop in US retail sales

US retail sales fell in December. This is the worst drop in nine years. The value of overall sa... Read more

Smriti Irani announces new project with NIFT

The minister for textiles, Smriti Irani, announced a new project with the National Institute of... Read more

Italian investment bank Mediobanca holds first Fashion Talk

Italian investment bank Mediobanca held its firsts annual ‘Fashion Talk’, presentin... Read more

Made in Japan making a splash in China

Japanese retailers are making headway in China. They include brands such as Casio Computer and ... Read more

H&M to restructure operations

In early February, apparel retailer H&M revealed its plans to close 160 stores internationa... Read more

3rd ITMACH India 2019 to feature more exhibitors, latest technologies

More exhibitors, latest technologies, knowledge sharing sessions, larger area, global visitors ... Read more

GSP has little affect on Pakistan’s apparel trade with EU

Pakistan’s share in the European Union’s imports increased by 0.5 per cent in both ... Read more

Factory owners and authorities insist on Accord transition

Recent media reports in Bangladeshi suggest factory owners and authorities are insisting the Ac... Read more

2019 International Woolmark Prize to feature top industry experts

The 2019 International Woolmark Prize, to be held at the London Fashion Week will feature an es... Read more

GSP has little affect on Pakistan’s apparel trade with EU

Pakistan’s share in the European Union’s imports increased by 0.5 per cent in both ... Read more

Factory owners and authorities insist on Accord transition

Recent media reports in Bangladeshi suggest factory owners and authorities are insisting the Ac... Read more

2019 International Woolmark Prize to feature top industry experts

The 2019 International Woolmark Prize, to be held at the London Fashion Week will feature an es... Read more

Asics to recycle used sports apparels and footwear

Japanese sportswear company Asics, is collaborating with the Charity I:Collect on a sports appa... Read more

New York NGO recycles textiles unsuitable for donation

Enter Fabscrap, a non-profit organisation is dedicated to recycling and reusing textiles that a... Read more

Revoking of duty free access is likely to force brands out of Cambodia

The European Union’s move to revoke Cambodia’s duty-free access could force major c... Read more

US-China trade war may help Indian exports

Indian exports will benefit tremendously if the tariffs proposed by the US on Chinese imports c... Read more

Almost 40 fashion brands commit to COP 24 ‘Fashion Industry Charter’

The COP 24 Climate Conference in Katowice marked a major step forward in the fashion segment as... Read more

Bangladesh to form a sectoral confederation in RMG sector

Following a proposal by the BGMEA, the Bangladesh government is planning to form a sectoral con... Read more

Just leave, Bangladesh tells Accord

Bangladesh wants Accord to leave by a fixed date regardless of whether there is a competent saf... Read more

Milano Unica draws sustained interest

Milano Unica was held in Italy from February 5 to 7, 2019. This is a textile and accessories tr... Read more

Exhibitor numbers steady but buyers decline at Las Vegas Liberty Fairs

Despite a move to downtown Las Vegas, Liberty Fairs did not see a decline in the number of vend... Read more

Registration at Project Womens increases by 2 per cent

Project Womens held on February 5 and 7 at the Mandalay Bay Convention Center, Las Vegas saw re... Read more

Under Armour Q4 gross margin touches 45 per cent

Under Armour’s gross margin for the fourth quarter rose 160 basis points to 45 per cent. ... Read more