Apparel

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ESG backlash and the future of sustainability in textiles, apparel, an…

Julia Vol’s LinkedIn post, echoing the Financial Times headline ‘ESG fund outflow hit record as sustainable investing backlash grows’, strikes a raw nerve in the discourse surrounding sustainable investing. Her assertion in the article that ESG, in its current form, has faltered in... Read more

Hermès' Singular Vision Pays Off: Overtakes LVMH in market cap through…

In a compelling narrative of focused growth versus diversified expansion, luxury powerhouse Hermès has shown the power of brand discipline, culminating in a market capitalization of €247.5 billion, slightly surpassing the €244.4 billion of its multi-brand rival LVMH. This according ... Read more

Price of ‘Made in America’ clothes could rise, revealing hidden costs …

The allure of ultra-cheap clothing often masks the intricate economic and social factors that enable low prices. While online platforms tempt consumers with dresses priced as low as $5, a growing discourse examines the true cost, particularly when considering domestic production with fair labor prac... Read more

Shrinking slice of the wallet leads to dip in apparel expenditure in t…

The assertion that Americans in 2023 spent less than 3 per cent of their annual income on clothing, a significant drop from the 14 per cent seen in the first half of the 20th century, highlights a fundamental shift in consumer expenditure and behavior. Why the dip in apparel expenditure There are ... Read more

Luxury Under Cloud: ‘Exclusivity’ in focus as authenticity, origin, an…

The rarefied world of luxury goods is facing a numerous challenge that strikes at the very heart of its allure: exclusivity. Social media platforms like TikTok have become a stage for Chinese factories to assert their role in producing handbags for iconic brands such as Gucci, Louis Vuitton, Hermes, Dior, C... Read more

EU Green Deal: New ecodesign rules prioritize textiles for a sustainab…

The European Commission has released its first Working Plan under the Ecodesign for Sustainable Products Regulation (ESPR), and textiles and apparel have been identified as the top priority. This initiative signals a major shift towards integrating sustainability into the textile industry, driven by the sec... Read more

Hong Kong’s seven mega trade fairs attract 100,000 global buyers, unlo…

Seven major trade exhibitions organised by the Hong Kong Trade Development Council (HKTDC) concluded successfully, drawing nearly 100,000 buyers from 131 countries and regions. These events, held in late April and covering lifestyle products, printing and packaging, and licensing opportunities, saw increase... Read more

Rising costs, changing priorities, China’s fashion and retail real est…

Rising inflation, increasing interest rates, and global uncertainties are have impacted consumer behaviour and spending has become more cautious. This has had a ripple effect across sectors, with fashion and retail real estate feeling the pinch. Changing priorities Consumer spending, a key driver of econo... Read more

Loosen Up: Dawn of comfort in gymwear and beyond

The reign of the skin-tight legging, once the undisputed monarch of the fitness world, is showing signs of a graceful abdication. A revolution is brewing in the changing rooms, a shift that mirrors the broader evolution of fashion towards comfort and self-acceptance. The era of restrictive gymwear is gracef... Read more

Denim’s DIY Revolution: Customization, on-demand shaping global jeansw…

At a time where individuality and self-expression reign supreme, the denim and jeanswear industry is witnessing an unprecedented shift toward customization, do-it-yourself (DIY) fashion, and on-demand production. Consumers are no longer satisfied with off-the-rack designs; they want to infuse their personal... Read more

Bangladesh vs Vietnam who scores higher as global apparel supplier

The global apparel market is witnessing a fascinating competition between Bangladesh and Vietnam, each vying for dominance after China. Data collated from sources like Eurostat and the USDA, reveals Vietnam has historically been a larger apparel exporter to the US compared to Bangladesh. This could be due t... Read more

China's shifting export dynamics and the declining importance of the U…

A recent analysis by David Birnbaum reveals a significant shift in China's export focus, specifically concerning the US’ as a major destination for Chinese goods. While the US remains a big player in certain sectors, particularly garments, the overall importance of the US market to China's economy is ... Read more

Apparel demand remains strong, but economic clouds loom: Wazir Advisor…

Wazir Advisors April 2025 ‘Apparel trade scenario in key global markets and India’ captures the evolving dynamics of global apparel trade and retail. Data from major supplier and buyer nations points toward a steady recovery in demand, even as underlying economic signals hint at emerging challen... Read more

Vietnam and India eye mutual gains amidst global trade shifts

At a time of evolving trade policies and geopolitical uncertainties, Vietnam and India are looking to deepen their cooperation in the textile and garment sector, recognizing the significant mutual benefits that can be unlocked. A recent statement by Bùi Trung Thướng, Trade Counselor at the Vietnam Tr... Read more

US tariffs spark Chinese resurgence, domestic focus intensifies

The recent escalation of reciprocal tariffs between the US and China has sent ripples through the global fashion, apparel, and textile industries, with Chinese manufacturers and consumers alike bracing for impact. While anxieties about reduced export volumes to the US are palpable, a rise in nationalistic s... Read more

South Korea's apparel market undergoes a budget revolution

South Korea's fashion market is seeing growing demand for affordable and functional apparels. This shift is challenging the dominance of traditional premium brands and reshaping market dynamics across various segments. The rise of value fashion A growing segment of value-conscious consumers is boosting th... Read more

As US consumer confidence crumbles it casts a looming shadow over fash…

A chilling wave of pessimism has swept across the US, with consumer sentiment falling to levels unseen since the depths of the Great Recession, according to the University of Michigan's latest survey. The preliminary reading of 50.8, the second-lowest since 1952, paints a stark picture of American anxieties... Read more

Wrap Up 2024, Outlook 2025

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