Ethics and sustainability will help retailers boost activewear sales p…
COVID-19 and its subsequent lockdowns have failed to dampen the spirits of fitness freaks. Even as gyms and fitness studios remained closed, people got their endorphin fix at home. Hence, sales of activewear remained strong, says a Drapers Online report. May sales figures of John Lewis indicate, during the lo... Read more
Artificial Intelligence, Internet of Things to be the future of fashio…
Artificial Intelligence has become an integral part of the fashion industry in the last few years. As per a TechParker report, designers and brands are embracing latest AI technologies like chatbots and touchscreens to push up production and marketing limits Time and inventory with AI tools Some of th... Read more
COVID-19: Brands reevaluating luxury businesses in India
COVID-19 is leading to a reevaluation of the luxury business model in India. With the luxury market expected to contract 39 per cent in 2020, businesses across the country are being forced to either to adapt or perish, says latest McKinsey report. While some of these are resorting to new distribution channels... Read more
As entire textile value chain sees a dip, manmade cellulosic fibers co…
Constrained by a slowdown in global economies and growing trade uncertainties, the International Monetary Fund revised its economic outlook in July 2018 from 3.9 per cent to just 2.9 per cent in January 2020. As per Textile Network, the IMF report cites weakening of large emerging markets and geopolitic... Read more
More brand involvement and supplier coordination can help solve labor …
Labor related issues are becoming routine in the global fashion world. As a report in Fashion Law points out, last year laborers in a Bangladesh garment factory went on a week-long strike to protest against their low wages. Before that, laborers in a Zara factory protested against non-payment of dues while My... Read more
Government aid, risk evaluation can help reshore US apparel supply cha…
The COVID-19 pandemic has disrupted apparel supply chains across the globe with companies now trying to balance their operational skills with flexibility and affordability. As David Simchi-Levi, Professor, MIT opines, the US-China trade war has compelled companies to reconsider their relationship with China. ... Read more
A digital-physical combine will help trade shows survive the pandemic
With the direct-to-consumer model and digitization diminishing their importance, physical trade shows suffered even before the pandemic. A Business of Fashion (BoF) and MyKinsey’s State of Fashion 2020 report reveals, nearly 55 per cent brands and retailers view trade shows as having little or no releva... Read more
COVID-19 transforms GCC retail landscape as retailers switch to digita…
COVID-19 is revolutionizing GCC retail landscape with consumers increasingly embracing online retail channels, opined Hozefa Saylawala, Director-Sales Middle East, Zebra Technologies at a virtual roundtable organized by RetailME on Intelligent Orchestration of Retail Experience. As per Statista, an online tra... Read more
US apparel groups unite to ban forced labor in Xinjiang
Apparel groups in the US apparel have requested US Customs and Border Protection (CPB) department to block imports of China-made textile and apparel products as they are being made by forced labor in the Xinjiang region. If approved, this order can affect US textile and clothing imports worth millions of doll... Read more
EU and pan-Euro-Med textile businesses to get a boost with new legisla…
The European Commission will soon introduce a new legislation to make it easy for textile manufacturers in the region to work with nearshore partners. The legislation will help textile businesses in the EU and pan-Euro-Med countries. It would enable EU textiles firms to make their fabric in Italy and send it ... Read more
Bangladesh RMG can recover lost ground with new initiatives
Since its inception 40 years ago, the RMG industry in Bangladesh has faced many regulatory hurdles. The sector now risks losing its position as the world’s second-largest apparel manufacturer to Vietnam. The RMG sector generates more than 84 per cent of Bangladesh’s export earnings. It also employ... Read more
Yarn Expo to open on September 23
As international trade shows are gradually getting back on schedule in China, t... Read more
Uniqlo launches first products from Re-Uniqlo intiative
Fast Retailing’s Uniqlo has unveiled the first products to be launched fr... Read more
Next expects $388 million profit before tax for 2020
British fashion stalwart Next expects a pre-tax profit of $388 million for 2020... Read more
New BrandZ reports reflects economic impact of COVID-19
The 2020 BrandZ Top 75 Most Valuable Indian Brands report released by WPP and K... Read more
Curve-NPD Group team up for first Excellence Awards
The virtual trade show circuit Curve and the market research firm NPD Group tea... Read more
72nd MBFWMadrid welcomes 6,000 visitors
The 72nd edition of MBFWMadrid welcomed around 6,000 visitors from September 10... Read more
SAC, ZDHC, Textile Exchange, Apparel Impact Institute collaborate
Sustainable Apparel Coalition, ZDHC Foundation, Textile Exchange and the Appare... Read more
Rebound in garment orders revives Bangladesh economy: Report
As per a Hindustan Times report, a rebound in garment orders after demand crash... Read more
Wrangler launches new regenerative jean
Spearheaded by the Ellen McArthur Foundation, Wrangler has launched a new jean ... Read more
US bans cotton imports from China
To prevent goods suspected to have been made with forced labor from entering th... Read more
Rebound in garment orders revives Bangladesh economy: Report
As per a Hindustan Times report, a rebound in garment orders after demand crash... Read more
Wrangler launches new regenerative jean
Spearheaded by the Ellen McArthur Foundation, Wrangler has launched a new jean ... Read more
US bans cotton imports from China
To prevent goods suspected to have been made with forced labor from entering th... Read more
RICCO, FICCI to organize Vastra 2020
RIICO & FICCI will jointly organize the 7th edition of Vastra 2020 on a vir... Read more
Both men, women to increase fashion expenditure in Europe: IFM study
A study conducted by the French Fashion Institute (IFM) found that despite the ... Read more
Extend the moratorium period for exports, urges TEA
Raja Shanmugam, President, Tirupur Exporters Association has urged the governme... Read more