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Looming recession threatens global textile and apparel industry

Looming recession threatens global textile and apparel industry

  The latest Economic Experts Survey paints a concerning picture for the global economy, with a significant risk of recession looming by the end of 2024. While experts remain cautiously optimistic overall, the potential impact on the textile and apparel industry is particularly worrisome. The World Trade Orga... Read more

The Shifting Fabric of Apparel Exports: Europe's diversifying landscape

The Shifting Fabric of Apparel Exports: Europe's diversifying landscape

  The landscape of apparel exports to Europe is undergoing a significant transformation, driven by changing consumer demands, sustainability concerns, and geopolitical shifts. The European Union (EU) represents a vast and lucrative apparel market, one that is undergoing a significant shift in its import dynam... Read more

Piyush Goyal inaugurates CMAI's 'Brands of India' pavilion at Bharat Tex 20…

Piyush Goyal inaugurates CMAI's 'Brands of India' pavilion at Bharat Tex 2024

  The 'Brands of India' pavilion, organized by the Clothing Manufacturers Association of India (CMAI), was inaugurated today at Bharat Tex 2024 by Piyush Goyal, Hon. Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India. The pavilion, loc... Read more

From Fast Fashion to Slow Fashion: How European buying habits are reshaping…

From Fast Fashion to Slow Fashion: How European buying habits are reshaping the industry

  Europe, the world's leading apparel importer, is experiencing a dynamic shift in its consumption patterns and sourcing strategies. This transformation is driven by numerous factors, including changing consumer preferences, sustainability concerns, and evolving supply chains.  A conscious shift in cons... Read more

PM Modi inaugurates Bharat Tex Expo 2024, emphasizes 5 F’s strategy

PM Modi inaugurates Bharat Tex Expo 2024, emphasizes 5 F’s strategy

  Prime Minister Narendra Modi inaugurated the four-day Bharat Tex Expo 2024 at Bharat Mandapam, heralding it as the world's largest textiles event. In his address, PM Modi underscored the government's dedication to integrating all facets of the textile value chain, encapsulated by the strategy of the five F&... Read more

US apparel industry navigates complex economic crossroads

US apparel industry navigates complex economic crossroads

  The US economy defied recessionary whispers, growing robustly in Q3 and Q4 2023. This presents both opportunities and challenges for the apparel industry, navigating a "swirl" of economic influences. While interest rates remain a headwind, tailwinds like a strong labor market and rising consumer confidence ... Read more

Final Report - IFCO Istanbul set record attendance

Final Report - IFCO Istanbul set record attendance

  The fifth edition of the IFCO Istanbul Fashion Connection, held from February 7-10, 2024, witnessed a remarkable turnout, welcoming a record-breaking 38,545 visitors. The event, hosted at the Istanbul Expo Centre across eight expansive halls, saw participation from 545 exhibitors who engaged with internatio... Read more

Gartex Texprocess India Mumbai edition concludes successfully

Gartex Texprocess India Mumbai edition concludes successfully

     The 3rd Mumbai edition of Gartex Texprocess India, concluded on February 3, emerged as a pivotal platform for the exhibition and procurement of pioneering products within the garment and textile manufacturing sector. Among the distinguished personalities gracing the event were Chandrakant Pati... Read more

India's silk industry: Production falters, imports arise, exports decline

India's silk industry: Production falters, imports arise, exports decline

    In the wake of China's staggering 67 per cent decline in raw silk production between 2017 and 2021, India appeared poised to ascend as the global leader in raw silk exports. However, this anticipated shift failed to materialize, as India's silk industry grappled with inertia and a lack of proactive ... Read more

IAF, ITMF unite to combat audit and standard fatigue

IAF, ITMF unite to combat audit and standard fatigue

     In a concerted effort to tackle audit and standard fatigue plaguing the apparel and textile sector, the International Apparel Federation (IAF) and the International Textile Manufacturers Federation (ITMF) have issued a clarion call to industry stakeholders. Emphasizing the urgency of the matte... Read more

New Advisory Board to futureproof Spring & Autumn Fair marketplace

New Advisory Board to futureproof Spring & Autumn Fair marketplace

     In a strategic move to bolster the landscape of retail trade in the UK, Spring & Autumn Fair, the nation's premier showcases for Home, Gift, and Fashion, has unveiled the establishment of a pioneering Advisory Board. Objective is to spearhead the ongoing refinement of these flagship events... Read more

India’s textile industry navigates headwinds with slow exports and stable d…

India’s textile industry navigates headwinds with slow exports and stable domestic demand

   The textile industry, a key pillar of the Indian economy, witnessed a mixed bag of results in Q3 of the 2023-24 financial year. While some companies like Arvind saw profits grow, others like Century Textiles struggled with revenue dips. This indicates differing responses to market pressures within t... Read more

Texworld Apparel Sourcing Paris concludes with 8,000 international visitors

Texworld Apparel Sourcing Paris concludes with 8,000 international visitors

  In the bustling heart of Paris, the Texworld Apparel Sourcing Paris event saw a convergence of nearly 8,000 international visitors eager to engage with 1,300 exhibitors from around the globe. Held at the Paris Expo Porte de Versailles from 5 to 7 February 2024, this year's event boasted a boldly designed sh... Read more

Apparel Exports to the US: A paradigm shift in the making

Apparel Exports to the US: A paradigm shift in the making

  The apparel industry, like many others, is experiencing a paradigm shift in its export dynamics to the US. Driven by factors like rising costs in traditional hubs, changing consumer preferences, and geopolitical tensions there is a shift towards new players and product categories. This shift is driven by ma... Read more

Europe's Source Fashion unveils diverse lineup

Europe's Source Fashion unveils diverse lineup

  The third installment of Source Fashion, Europe’s foremost responsible sourcing exhibition, kicked off with a bang, boasting its largest and most diverse array of manufacturers, suppliers, and artisans from over 20 countries. The event, held at Olympia London, featured a special appearance and keynote... Read more

The Fabric of Trade: Chinese imports loom large over India's textile indust…

The Fabric of Trade: Chinese imports loom large over India's textile industry

  The influx of Chinese fabrics into India has become a contentious issue, raising concerns about unfair competition, job losses, and the fate of the domestic textile industry. This influx raises concerns about legality and the future of domestic manufacturers. The issue is fairly complex. Policy tailwinds f... Read more

Indian Textiles on the Brink: Can a new policy save the day?

Indian Textiles on the Brink: Can a new policy save the day?

  The Indian textile industry, once a global powerhouse, is facing significant challenges. Declining exports, ailing infrastructure, and fierce competition threaten its future. In a recent report, a Parliamentary Committee recognized the need for urgent action and called for a comprehensive National Textile P... Read more

Textile Tussle: Anti-dumping duties spark trade friction between India and …

Textile Tussle: Anti-dumping duties spark trade friction between India and China

  The textile industry, a crucial spoke in India and China’s GDP economic growth, has become a battleground for anti-dumping duties (ADD), raising concerns about business losses and the future of trade relations.  Tit for tat ADDs Both India and China have imposed ADD on imports from each other. ... Read more

Pure London x JATC: Debut London fashion festival ends on high note

Pure London x JATC: Debut London fashion festival ends on high note

  The inaugural Pure London x JATC, London's festival of fashion, concluded on a resounding high note after three days filled with trend-led fashion showcases, enriching educational content, extensive networking opportunities, and pioneering business prospects. Held at Olympia London, the event attracted a di... Read more

Scoop concludes Autumn/Winter 24 season with triumph and Wonderment

Scoop concludes Autumn/Winter 24 season with triumph and Wonderment

  Scoop, the renowned fashion showcase, concluded its Autumn/Winter 24 season on a high note, bidding farewell to guests who were treated to a remarkable display of international designers under the theme 'A Return to Wonderment'. The event, characterized by opulent art deco influences, drew a bustling crowd ... Read more

Turkish Textile & Apparel Industry: Navigating challenges and embracing…

Turkish Textile & Apparel Industry: Navigating challenges and embracing opportunities in 2024

  Despite a tough 2023, marked by declining exports and shrinking employment, Turkish textile and apparel industry remains cautiously optimistic for 2024. While acknowledging ongoing challenges like high inflation, increasing production costs, and slow European market, industry leaders point out to strategic ... Read more

China-Pakistan FTA spurs textile trade, reshaping Asian dynamics

China-Pakistan FTA spurs textile trade, reshaping Asian dynamics

  The China-Pakistan Free Trade Agreement (FTA), implemented in 2020, has become a game-changer for both nations, particularly in the textile, apparel, and fashion industries. Bilateral trade has soared, with data highlighting significant growth in both imports and exports especially in textiles and apparel s... Read more

Source Home & Gift showcases sustainable sourcing success

Source Home & Gift showcases sustainable sourcing success

  The curtains closed on Europe’s prominent responsible sourcing exhibition, Source Home & Gift, after an enlightening and prosperous four-day event that fostered connections within the global sourcing community. The show, which saw the participation of leading retailers such as Fenwick, Next, and J... Read more

Spring Fair 2024 wraps up with a bang, eyes 75th anniversary

Spring Fair 2024 wraps up with a bang, eyes 75th anniversary

  Spring Fair, the UK's premier retail marketplace for Home, Gift, and Fashion, concluded its latest edition on a high note after four days brimming with bustling activity, creative showcases, and memorable moments. With eyes now set on its monumental 75th anniversary in 2025, the event witnessed an impressiv... Read more

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Revolutionizing Sri Lanka’s apparel industry: The QR code initiative

  Sri Lanka's apparel manufacturers have initiated a pioneering collaboration with the ... Read more

Autumn Fair 2024 promises renewed focus on independent retailers

  Autumn Fair, the renowned shopping destination for Home, Gift, and Fashion in the UK,... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

Urban Outfitters Inc net sales rise 7.5% in fiscal 2024

  Urban Outfitters Inc achieved remarkable financial milestones for the fiscal year end... Read more

ITAMMA organises fifth webinar with Heavy Industries Ministry

  The Indian Textile Accessories & Machinery Manufacturers’ Association (ITAM... Read more

Birla Cellulose unveils Intellicolor at Bharat Tex

  Birla Cellulose has disrupted the textile industry landscape with its latest innovati... Read more

The Lycra Company joins India Fashion Forum as Fiber Innovation Partner

  A beacon of fashion innovation and sustainability, The Indian Fashion Forum (IFF) con... Read more

Climate change may impact $65 billion apparel export earnings by 2030: Stud…

  A recent study conducted by Cornell University and Schroders, in collaboration with M... Read more

Mango records robust performance in 2023

  Disclosing its UK operations’ financials, renowned Spanish fashion retailer, Ma... Read more

Mango records robust performance in 2023

  Disclosing its UK operations’ financials, renowned Spanish fashion retailer, Ma... Read more

CITI hosts Sustainability Awards 2024 during Bharat Tex 2024

  The Confederation of Indian Textile Industry (CITI) hosted the CITI Sustainability Aw... Read more

Pakistan textile sector needs to transition to renewable energy: Experts

  At a panel discussion organised by the German Consulate in Karachi, industry experts ... Read more

LMW exhibits gain attention at Bharat Tex 2024

  Positioned prominently at Pragati Maidan in Hall 1GF, stall H1G:029, LMW's exhibits b... Read more

Inaugural edition of VIATT commences on Feb 28

  The inaugural edition of Vietnam International Trade Fair for Apparel, Textiles, and ... Read more

Partnership between Eastman and Patagonia tackles textile waste

  In a bid to combat textile waste, Eastman has forged an alliance with outdoor apparel... Read more

Global Black Impact Summit spotlights powerhouses in sports and fashion

  The Global Black Impact Summit (GBIS) 2024 in Dubai on February 27 showcased the prof... Read more

Nat Geo, Mandai Wildlife group launch eco-friendly collections in Kuala Lum…

  Nat Geo unveiled its first Southeast Asian adventure-themed retail store at Pavilion ... Read more

RIL launches two new initiatives at Bharat Tex 2024

  Reliance Industries (RIL) launched two new initiatives at Bharat Tex 2024. The compan... Read more

Domestic textiles shines in nature fibres & sustainability at Bharat Te…

  Domestic Textiles, a prominent entity within Grasim Industries, Aditya Birla Group, i... Read more

Gap unveils Spring 2024 campaign with artist Tyla

  American fashion brand Gap unveiled its Spring 2024 campaign with Grammy Award-winnin... Read more

Puma anticipates sales decline in H1 FY’24

  German sportswear brand Puma anticipates a challenging first half of the year amidst ... Read more

Cambodia’s T&A exports drop to $11.1 billion in 2023

  Cambodia's textiles and apparel (T&A) exports declined by 13.3 per cent to $11.1 ... Read more

Gap between India’s focus on cotton and global demand widens: GTRI

  Posing a significant threat to India’s apparel sector, the gap between the coun... Read more

Santoni launches new XT-Machine for creation of 3D shoe uppers

  Footwear brand Santoni has introduced the XT-Machine, a groundbreaking advancement in... Read more

Lotte Duty Free showcases homegrown talent at Coterie New York

  Lotte Duty Free showcased emerging K-fashion brands at the Coterie New York, held fro... Read more

Madewell collaborates with Kaihara Denim for a women’s capsule collection

  Madewell has unveiled a new women’s capsule collection in collaboration with Ka... Read more

7 For All Mankind unveils latest Spring 2024 collection

  7 For All Mankind has unveiled its latest Spring 2024 collection and campaign, titled... Read more

Cascale extends product range to enhance industry sustainability

  Formerly known as the Sustainable Apparel Coalition, Cascale is extending its focus b... Read more

Indo Count Industries partners Accenture to explore new growth avenues

  Indo Count Industries, a premier home textile manufacturer from India with a global p... Read more

PM Modi highlights government’s focus on skills and scale in textiles at Bh…

  In his speech to inaugurate Bharat Tex 2024, Prime Minister Narendra Modi underscored... Read more