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Rising inflation indicates a negative outlook for Asia’s textile and a…

Rising inflation indicates a negative outlook for Asia’s textile and apparel exports in 2022

  Recently released statistics by the CCF Group indicate, textile and apparel shipments of Southeast Asian countries rose in value and volume on a year-on-year basis while they declined on a month-on-month basis in May 2022. Ttextile and apparel exports from Bangladesh and India fell by over 10 per cent whi... Read more

Diversification and Digitization, keys to future success for fashion s…

Diversification and Digitization, keys to future success for fashion suppliers

  The fashion industry is facing numerous challenges across countries. These include obstacles in delivery of in-demand products from suppliers. Also, suppliers are not able to predict demand due to uneven consumption patterns, says Achim Berg, Senior Partner, McKinsey & Co. Focus on new alliances and ... Read more

Productivity enhancement can help elevate workers’ conditions in Asia’…

Productivity enhancement can help elevate workers’ conditions in Asia’s garment sector: ILO

  Traditionally, the global hub of garment production, Asia continues to maintain its dominance across the world. However, off late, the region’s garment sector has been facing certain challenges induced by the pandemic, says a new report by the International Labor Organization (ILO). The report stat... Read more

Euratex launches ReHubs initiative to recycle 2.5 million tons of text…

Euratex launches ReHubs initiative to recycle 2.5 million tons of textile waste by 2030-end.

  Textile recycling industry is expected to provide social, economic and environmental benefits to around €4.5 billion by 2030. It would also create 15,000 new jobs by the period besides increasing the need for nearshoring and reshoring of textile production, as per the Techno Eonomic Study by Euratex&... Read more

ITMF annual conference returns as in-person event after three years in…

ITMF annual conference returns as in-person event after three years in Davos

  ITMF will hold the physical edition of its annual conference after a gap of three years from September 18-20, 2022 in Davos, Switzerland. The event will be hosted by Swiss Textiles and Swiss Textile Machinery. The theme will be: Climate Change and a Sustainable Global Textile Value Chain. It will focus ... Read more

Global luxury fashion prices on four-year high in 2022: Study

Global luxury fashion prices on four-year high in 2022: Study

  Luxury has just become more expensive, says a new report by Edited. Prices of luxury fashion products have surged 7 per cent above 2020 and 25 per cent above 2019, the report analyzes. They are currently at a four-year low though there’s less than 1 per cent year-on-year difference from last year. ... Read more

Rapid shift from informal to formal makes apparel demand unpredictable

Rapid shift from informal to formal makes apparel demand unpredictable

  With brands compelled to deal with issues like rising inventory costs and changing customer preferences, the first quarter of the year was a mixed bag for apparel retailers. A report by Modern Retail shows, revenues of retailers including Poshmark, Revolve and TJX Companies increased between 13 and 43 per... Read more

India’s textile dyes market to grow to $8 billion by 2031: IBEF

India’s textile dyes market to grow to $8 billion by 2031: IBEF

    The latest India Brand Equity Foundation (IBEF) report forecasts, India’s textile dyes market will grow to $8 billion by 2031. Most of the growth will be stimulated by rapidly evolving fashion trends encouraging manufacturers to experiment with new color combinations and designs. The market wi... Read more

Turkiye’s textiles and raw materials exports sees over 12% risefrom Ja…

Turkiye’s textiles and raw materials exports sees over 12% risefrom Jan-April’22

    Turkiye’s textiles and raw materials exports increased 12.4 per cent to $4.6 billion during January-April 2022 compared to the same period of previous year. As per a Textile Intelligence report, exports of textiles and raw materials surged 13.7 per cent to $1.2 billion in April 2022 compared t... Read more

New technologies can add more value to Bangladesh RMG exports: BGMEA

New technologies can add more value to Bangladesh RMG exports: BGMEA

  A massive work order from global fashion brands and buyers led to Bangladesh’s RMG exports rising 33.81 per cent to $31.43 billion during the July-March FY2021-22 period.Though the textile and garment sector in the country is witnessing an excellent flow of orders, supply gain glitches, constant pow... Read more

Levi Struass& Co aims to rule the fashion market with new growth s…

Levi Struass& Co aims to rule the fashion market with new growth strategies

      Not satisfied with being known as one of the world’s most popular jeans brand, Levi Strauss & Co, aims to grow into an international conglomerate with a wide portfolio of brands and multiple stores with a strong presence in categories beyond denim,including tops and womenswear. The... Read more

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Skechers awarded Men’s Footwear Brand of the Year

   Skechers a brand from Skechers USA, Inc has been awarded Men’s Footwear B... Read more

India, UK concludes 4th round of talks for a free trade agreement

   The Republic of India and the United Kingdom concluded the fourth round of talk... Read more

Denim brand Diesel launches new logo

   Denim brand Diesel has launched a new logo ‘The Big D’ with an aim ... Read more

9th Intex South Asia-Bangladesh Edition concludes successfully

   Reviving and revitalizing face-to-face business meetings through the physical f... Read more

Brazil’s Sanista Jeanswear collaborates with Eco Laundry for new collection

   A Texbrasil company, Santista Jeanswear, which presented its winter ’23 c... Read more

Nike’s Q4 revenues drop 1% Y-o-Y

   Nike’s Q4 revenues declined 1 per cent Y-o-Y to $12.2 billlion. Direct re... Read more

Levi’s collaborates with Reese Cooper for S/S’23 collection

   Levi’s collaborated with Reese Cooper to showcase its Spring/Summer 2023 ... Read more

Lululemon to launch the Hike Collection on July 5

   Activewear brand Lululemon plans to launch its Hike Collection on July 5, 2022.... Read more

Global zippers market to reach $22,280 million by 2028: Report

   Due to the COVID-19 pandemic, the global zippers market, currently worth $16.76... Read more

KraigBiocraft Labs selects manufacturer for first apparel line by Spydasilk…

   KraigBiocraft Laboratories, Inc, the biotechnology company focused on the devel... Read more

Lululemon to launch the Hike Collection on July 5

   Activewear brand Lululemon plans to launch its Hike Collection on July 5, 2022.... Read more

Global zippers market to reach $22,280 million by 2028: Report

   Due to the COVID-19 pandemic, the global zippers market, currently worth $16.76... Read more

KraigBiocraft Labs selects manufacturer for first apparel line by Spydasilk…

   KraigBiocraft Laboratories, Inc, the biotechnology company focused on the devel... Read more

Government to set up 75 textile hubs to support exports: Piyush Goyal

   The Indian government plans to setup 75 textile hubs like Tiruppur to support t... Read more

Government to introduce PLI for apparel manufacturers: Piyush Goyal

   The government plans to introduce a production linked incentive (PLI) scheme fo... Read more

Garment manufacturers’ revenues to increase 9-11% this fiscal: CRISIL

   Revenues of garment manufacturers could increase 9-11 per cent this fiscal to 1... Read more