Gujarat’s industrial clusters are losing order volumes and revenues to falling demand. As orders dwindle, operating margins are shrinking.A trifecta of headwinds — high domestic cotton prices, dwindling exports and grossly underutilized capacities — has eroded the profitability of ... Read more
The Global Organic Textile Standard (GOTS) which was set up by leading standard setters to define worldwide recognized requirements for organic textiles is now forming many new rules to increase its credible assurance and protect the integrity of the organic cotton supply chain.
The GOTS certification en... Read more
There is no dispute over the tremendous success of fast fashion and despite questions being raised about it using the planet as a dumping ground, its popularity continues. Globally, this segment of the fashion industry grew from $91.23 billion in 2021 to $99.23 billion in 2022 at a compound annual growth ... Read more
Even though the latest Euromonitor International Industry Forecast statistics point towards a mere 4 per cent rise in global sales of personal accessories by the end of 2022, recovery to pre-pandemic value sales levels is around the corner the study indicates. Despite recent marginal slowdown thanks to th... Read more
In a recently concluded roundtable discussion hosted by a leading ETRetail in association Salesforce, the conclusion was that omni-channel presence is no longer a luxury but a must have for brands to be relevant. Like the rest of the world, the business of retail has undergone a sea change and India in pa... Read more
The pickleball apparel market is seeing rapid growth especially in the US.
Pickleball is one of the fastest-growing sports in America. A hybrid of tennis, ping-pong and badminton, it was invented in the 1960s but has exploded in popularity over the last few years. A large part of the sport&rs... Read more
Pre-industrial revolution that swept the West in the early 19th century, India was the undisputed hub of textiles. However, since then, inch by inch India found itself edged out, first by the mills of Manchester and later in the modern day context, from RMG manufacturing hubs like China, Bangladesh and Vi... Read more
With the deadline of importing duty-free cotton in India finally over on November 1, when the new season began, Indian cotton industry is in a fix. Recent disruptions in global supply chain have delayed India-bound cotton imports from Australia and the US which are stuck in transit, coupled with an ... Read more
Worldwide, the textile sector is bracing itself for a challenging time ahead. Whilst industry pundits are assuring that is a short term challenge, the repercussions of the impending recession in the Western world are beginning to hurt nations that rely on textile export for revenue and employment. T... Read more
The global winter wear market is always a lucrative one because as temperatures start to drop, sale of most apparel brands through its retail and online channels keeps rising. Not only the climate change needs a whole new wardrobe, but the festive season of Christmas in Europe, Thanksgiving in America and... Read more
Indian weddings are back with a bang and the festive season has sky-rocketed the sales of the Indian ethnic wear segment to an all-new high. Premium players such as Vedant Fashions Limited (VFL), Nalli’s, Jahanpanah, Ritu Kumar, Manoviraj Khosla, Biba, Fab India and Neeru's among others are ag... Read more