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Rise of non-traditional markets fuels apparel exports

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

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

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

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

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

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…

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

"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

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 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

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

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

Interim Budget 2019-20: Outlay for textile sector reduced, optimism about higher IT exemptions

"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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Global women’s wear segment to maintain robust growth by 2020

The global women’s wear market is expected to register robust growth by 2020 as fashion i... Read more

Worst nine year drop in US retail sales

US retail sales fell in December. This is the worst drop in nine years. The value of overall sa... Read more

Trade War: Uncertainty grips US cotton

The prolonged trade dispute between the United States and China is affecting the US cotton mark... Read more

Smriti Irani announces new project with NIFT

The minister for textiles, Smriti Irani, announced a new project with the National Institute of... Read more

Italian investment bank Mediobanca holds first Fashion Talk

Italian investment bank Mediobanca held its firsts annual ‘Fashion Talk’, presentin... Read more

Made in Japan making a splash in China

Japanese retailers are making headway in China. They include brands such as Casio Computer and ... Read more

H&M to restructure operations

In early February, apparel retailer H&M revealed its plans to close 160 stores internationa... Read more

3rd ITMACH India 2019 to feature more exhibitors, latest technologies

More exhibitors, latest technologies, knowledge sharing sessions, larger area, global visitors ... Read more

GSP has little affect on Pakistan’s apparel trade with EU

Pakistan’s share in the European Union’s imports increased by 0.5 per cent in both ... Read more

Factory owners and authorities insist on Accord transition

Recent media reports in Bangladeshi suggest factory owners and authorities are insisting the Ac... Read more

2019 International Woolmark Prize to feature top industry experts

The 2019 International Woolmark Prize, to be held at the London Fashion Week will feature an es... Read more

Asics to recycle used sports apparels and footwear

Japanese sportswear company Asics, is collaborating with the Charity I:Collect on a sports appa... Read more

New York NGO recycles textiles unsuitable for donation

Enter Fabscrap, a non-profit organisation is dedicated to recycling and reusing textiles that a... Read more

Revoking of duty free access is likely to force brands out of Cambodia

The European Union’s move to revoke Cambodia’s duty-free access could force major c... Read more

US-China trade war may help Indian exports

Indian exports will benefit tremendously if the tariffs proposed by the US on Chinese imports c... Read more

Almost 40 fashion brands commit to COP 24 ‘Fashion Industry Charter’

The COP 24 Climate Conference in Katowice marked a major step forward in the fashion segment as... Read more

Bangladesh to form a sectoral confederation in RMG sector

Following a proposal by the BGMEA, the Bangladesh government is planning to form a sectoral con... Read more

Just leave, Bangladesh tells Accord

Bangladesh wants Accord to leave by a fixed date regardless of whether there is a competent saf... Read more

Milano Unica draws sustained interest

Milano Unica was held in Italy from February 5 to 7, 2019. This is a textile and accessories tr... Read more

Exhibitor numbers steady but buyers decline at Las Vegas Liberty Fairs

Despite a move to downtown Las Vegas, Liberty Fairs did not see a decline in the number of vend... Read more

Registration at Project Womens increases by 2 per cent

Project Womens held on February 5 and 7 at the Mandalay Bay Convention Center, Las Vegas saw re... Read more

Under Armour Q4 gross margin touches 45 per cent

Under Armour’s gross margin for the fourth quarter rose 160 basis points to 45 per cent. ... Read more

Global lingerie markets witnesses’ moderate growth

As per Lingerie Market: Global Industry Analysis, size, sales and forecast by 2024, the global ... Read more

Lenzing introduces Tencel branded fibers

Lenzing introduced Tencel branded lyocell and modal fibres with microtechnology for enhanced co... Read more

Trident granted patent for 'Air Rich Yarn and Fabric' in USA

Trident, the flagship company of the Trident Group, one of the largest vertically integrated ho... Read more

Silver Crest to set up Andhra plant

Silver Crest will set up a readymade garment manufacturing unit in Andhra Pradesh. The factory ... Read more

Bangladesh starts preferential trade talks with Indonesia for apparel, leat…

Bangladesh has begun preferential trade talks with Indonesia to increase export of apparel, lea... Read more

Puma’s Q4 sales increases 20.1 per cent

Puma's sales increased by 20.1 per cent currency adjusted to € 1,226.4 million, compared t... Read more

MarediModa’s November 2019 edition to feature Link once again

Link will be an integral part of MarediModa, Cannes, November 5 to 7, 2019. Link is a competiti... Read more

London Fashion Week to showcase over 100 brands

London Fashion Week, to be held from February 15-19, 2019 will showcase over 100 businesses lea... Read more

Indonesia aims to be among world's top five textile industries

The Indonesian textile and textile products industry is targeted to enter the ranks of the worl... Read more

Indian textiles to do trend analysis

The Indian textile sector will start trend forecasting soon. This will help determine what will... Read more

Hanes Brands lauded for its climate initiatives

Hanes Brands has earned an A- score and taken a leadership position in the CDP 2018 Climate Cha... Read more

Global zipper market grows at four per cent

The global zipper market is growing at a CAGR of 4.5 per cent. The zipper, formerly known as a ... Read more

Kimberly Glas to head US trade group NCTO

Kimberly Glas is president and CEO of the National Council of Textile Organizations (NCTO). Gla... Read more

Sangam sees a dip in Q2 net sales, profits

Sangam’s net sales for the December quarter were Rs 441.93 crores as compared to Rs 472.5... Read more

China leads global knitted fabrics market in Asia-Pacific region

The bright prospects of knitted fabrics market are due to a variety of factors such as the posi... Read more