FashionatingWorld - Apparel | Textiles | Fashion

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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

"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

Duty disadvantages leads to a fall in Indian exports

"As per Sanjay Kumar Jain, Chairman, CITI, India’s cotton yarn and fabric exports are struggling due to the duty disadvantage faced by exporters in major markets. There has been continuous decline in cotton yarn and fabric exports from 2013-14 to 2017-18. India’s export of cotton yarn declined 25 per cent f... Read more

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

"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

"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

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

"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

"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 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

"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

Pioneer B2B media & publication platform connecting with Fashion Brands & Retail

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

"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

"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: 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

"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

"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

CPTPP opens up new markets for members as US looks to join back

"The anticipated impact of the CPTPP will be immense, as slashed tariffs encourage significant shifts in global supply chains. Its high-standard provisions on the digital economy, investment, financial services, labor and the environment establish new "rules of the road" that will have a broad country-specific and coll... Read more

Global Britain vision to focus on India-UK relationship post Brexit

"However, the present India-UK trade relationship does not look particularly special. In 2016, the UK was the fifth-largest export destination for Indian exports, behind the USA, the UAE, Hong Kong and China. It accounted for only 3.3 percent of Indian exports, valued at $8.66 billion (€7.6 billion). This is minis... Read more

CEO agenda launched at WEF meet, sets the roadmap for sustainable fashion

"A new research from UNFCCC reveals, greenhouse gas emissions from textile production currently amount to 1.2 billion tons annually. This is more than the emissions of all international flights and maritime shipping combined. The fashion industry has increasingly been working on issues such as chemicals, circularity an... Read more

Brand, retailers to combat overproduction with innovative strategies

"A report from retail software company ShareCloth reveals the problem of overproduction currently plagues with nearly 30 per cent of fashion goods produced going unsold. Additionally, over 50 per cent of fast fashion sold is thrown out less than a year later, with 12.8 million ton of clothing annually dumped into landf... Read more

With growing demand, brands increasingly focus on mothers-to-be

"Gone are the days when clothes for expectant mothers were limited to ill-fitting silhouettes and long overalls. Maternity wear today is growing market with designer’s investment on pregnant women increasing over time. The latest to jump in the bandwagon is Zara with its new maternity collection. The brand has in... Read more

Macao, Malta to lead world economic growth

Global fashion industry faces a changing environment, with an economic downturn and protectionism threatening to mark the development of the two biggest world economies. Twenty years ago, China was the seventh biggest economy, post World War, globalisation led a move to the Western world. Twenty years later, China and ... Read more

New tools, customisation, emerging growth centers to drive retail growth

"A major upheaval in the fashion and fashion related businesses in the past few years and a cooling economy is likely to restrict consumer spending this year. This could be further aggravated by the growing trade war between US and China that began last summer when the Trump administration levied a 10 percent tariff on... Read more

Increasing cotton exports boosts profit margins

"According to an ICRA report, the surge in exports of cotton yarn during the initial few months of current financial year helped the domestic spinners record a healthy recovery from the multi-year low profitability reported during FY2018. Cotton prices have softened with fresh arrivals in the recent months, cotton... Read more

Levi’s denim customisation offers creative freedom to customers

"To whet consumers’ appetites for perfectly damaged jeans, Levi’s has been selling denim customised by Aldridge, rapper Snoop Dogg, actress Sasha Lane, surfer Kelly Slater, tattoo artist Dr. Woo, basketball star Blake Griffin and others. Model Lily Aldridge, Vice President of technical innovation for Levi's... Read more