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Planet Textiles will take place on March 19, 2015 in Shanghai. This event addresses the environmental and social impact of the global textile supply chain. Planet Textiles debuted in Hong Kong in 2009. The 2015 event will have sportswear giants, textile mills, brands, retailers and other organizations.
Planet Textiles is attended by buying houses, wholesalers, importers, sourcing agents, manufacturers of apparel fabrics and garments, international fashion retailers and brands, fashion designers, and textile consultants. And for the first time Planet Textiles will be held alongside Intertextile Shanghai Apparel Fabrics. This is an exhibition that has previously attracted over 69,000 visitors and 3,700 exhibitors. It also features the unique ‘All About Sustainability’ zone, which complements the Planet Textiles Summit and means Shanghai will be a must-visit destination in March 2015 for retailers and brands looking to source sustainable textiles.
Intertextile Shanghai Apparel Fabrics is one of the foremost events for apparel fabrics and accessories. It attracts a large number of manufacturers, wholesalers, importers, retailers, exporters from around the world. The product groups includes fabrics such as cotton, wool, silk, linen, ramie, man-made, knitted, coated, lingerie and swimwear fabrics, functional fabrics, printed fabrics, fibers and yarns, embroidery and lace accessories, textile-related CAD/CAM/CIM technology. <br/>
10times.com/intertextile-shanghai-apparelfabrics
Specialty Fabrics Expo 2014 and Advanced Textiles Expo will be held Minneapolis, Minnesota, US, October 14 to 16, 2014. The event is the largest specialty fabrics and technical textiles trade show in the US and is organized by the Industrial Fabrics Association International (IFAI).
The fabrics show will focus on the needs of traditional market segments, while the Advanced Textiles Expo will meet the needs of the high end of the industry supply chain, serving goods suppliers, materials and other products and services for advanced applications as well as advanced product fabrication.
The show will also feature comprehensive programming designed to help attendees understand the current specialty fabrics markets, end-user applications, emerging markets, advanced technologies and the future of fabric products.
Minneapolis is the backdrop for decision makers and influential goods and services providers from across the industry and around the world as they come together to research, buy, network and learn. The business climate in Minneapolis is top-notch as the area is headquarters to 20 Fortune 500 companies and is the heart of the country’s bio-medical industry.
The Industrial Fabrics Association International is the world’s leading and longest-running specialty fabrics trade organization since 1912, with nearly 1,800 member companies located in 55 countries. It publishes seven market-specific magazines and organizes global industry events.
ifaiexpo.com/
India is expected to have a good cotton crop in the new season beginning in October 2014. Hopes are that the production will be at least 37 million bales. With similar prospects for US this year, the world’s cotton crop will probably be a bounty.
Price volatility is a major concern for spinners in India. Several associations are pleading with the Cotton Corporation of India to ensure supply throughout the year at a stable rate. Earlier, cotton prices were season-dependent and rate changes were expected only four times in a season. Now, with the advent of technology, price fluctuations happen on a daily basis.
Cotton prices have retreated to the lowest level in nearly five years as investors worry that global production could overwhelm demand for the fiber. The US, the world’s biggest cotton exporter, is expected to produce a large crop in the season that begins August 1. But global demand is likely to fall short, especially with top importer and consumer China wrapping up a two and a half year stockpiling program.
Although the monsoon has arrived in India, the volume of precipitation has varied widely and yield is likely to suffer in some places. The disappointing monsoon appears to have cost India the chance of overtaking China as the world’s top cotton grower.
Pakistan wants to take its textile exports to $150 billion by 2025. The Vision 2025 paper lists out developing human and social capital, achieving sustainable indigenous and inclusive growth, modernisation of public sector, energy, water and food security, public sector-led growth and entrepreneurship, developing a competitive knowledge base through value addition, modernisation of transport infrastructure and greater regional connectivity as it focus area.
Emphasis has been given to entrepreneurship development and private sector-led growth in the program. A bigger role has been envisaged for private sector organisations and entrepreneurs to contribute more effectively to the growth of the economy and development of the country. Technology constraint has emerged as one of the main hurdles for Pakistan. The government has announced many incentives for the textile sector in the recently announced federal budget including technology up-gradation.
Pakistan is in dire need of enhancing exports to provide some cushion to its sagging economy and to ensure sustainable economic growth. The textile industry is the most important manufacturing sector of Pakistan and has the longest production chain, with inherent potential for value addition at each stage of processing, from cotton to ginning, spinning, fabric, processing, made-ups and garments. The overall sector contributes nearly one-fourth of industrial value-added, consumes more than 40 per cent of banking credit to manufacturing sector and accounts for 8 per cent of GDP.
However, despite being the fourth largest producer and the third largest consumer of cotton globally, Pakistan’s comparative advantage is largely pre-empted by low value-added exports.
A free trade agreement is being negotiated between the European Union and Vietnam. The FTA may be completed before the end of the year. But European retail clothing brands want duties on apparel to be eliminated. They also want more flexible rules of origin.
The European Branded Clothing Alliance (EBCA) says the EU-Vietnam FTA is a priority and is welcome but it looks forward to a global trade policy environment which eases the operation of its supply chains. To be able to benefit from new preferential tariffs, EBCA says its member companies require a more flexible approach from the EU on rules of origin for apparel, reflecting the global value chains it operates. Since Vietnam has limited fabric production available to international brands, EBCA says this could severely restrict its ability to benefit from reduced tariffs if the current model for rules of origin is maintained.
The group also wants to see the FTA address non-tariff barriers that hinder European retailers setting up operations in Vietnam, such as cumbersome economic assessment tests and quality testing on apparel consignments.
The European Branded Clothing Alliance represents around 60 brands with a major European presence - including Inditex, H&M, Levi Strauss, Gap, Nike and VF Corporation.
www.ebca-europe.org/
Bangladesh's exports to China made a quantum leap in the last fiscal year. Over the last four years, the volume of exports to the Chinese market increased more than four times. Export earnings from China in July of fiscal 2014-15 grew by 53.88 per cent compared to the corresponding period.
Items Bangladesh exports to China include readymade garments and textiles, fish and crabs, leather and leather goods, jute and jute-yarn and plastic waste. Apparel constitutes a third of the exports. China is gradually drifting away from basic readymade garment items because of the high cost and switching over to high-tech industries. This has given Bangladesh a big scope to grab the market. Also China gives Bangladesh zero-tariff access.
Currently, Bangladesh as a least-developed country gets duty-and quota-free access for 4,788 products to the Chinese market. The trading list accounts for 67 per cent of the country's export basket. Chinese investors are coming to Bangladesh to explore export possibilities. Bangladesh's apparel exports could triple by 2020 as European and US buyers also plan to strengthen their presence in the country. Bangladesh considers China as important a market as Japan and Russia and is aiming to push up exports to China to a billion dollars within a couple of years.
Bangladeshi garment manufacturers remain on track to expand their exports this year. Competitive prices have kept demand from western customers high. The country has targeted $26.9 billion in garment exports for fiscal 2014-15. Bangladesh’s exports of garment products were 13.86 per cent higher than in the previous fiscal despite a prolonged political crisis and two major industrial disasters.
But exports of woven garment declined by 4.14 per cent in July and knitwear export grew only by 4.32 per cent. Also, garment exports grew a tepid 0.1 per cent last month from a year earlier, the smallest increase in 23 months.
Export growth will remain low up to September due to the after-effects of last year's political crisis. Also retailers seem to be looking for alternative destinations. Among other problems, the steep appreciation of the local currency against the dollar is another woe for the garment sector now.
Retailers are still with Bangladesh, but the country needs to complete the unfinished work like relocation of factories and following compliances set by retailers. The government and garment makers also need to look at the small and medium factories, so that the garment sector performs well. Otherwise the outlook for Bangladeshi apparel exports this year continues to drive demand across the global cotton and textile supply chain in 2014-’15.
The 4th Cambodian International Textile and Garment Industry Exhibition, and the concurrently held 4th Cambodian International Machinery Industrial Fair, are together billed as the largest industrial event in the country with 260 exhibitors from 21 countries. However, domestic players, despite the garment sector accounting for 80 per cent of exports, had a very small representation during the exhibition.
But for suppliers currently exhibiting their wares at a trade show this weekend on Phnom Penh’s Koh Pich island, Cambodia’s garment industry represents a tiny fraction of their total sales. Though Cambodia accounts for roughly four percent of the global garment industry, a number of the exhibitors were uncertain about the country’s investment environment.
While the companies interested in sourcing from Cambodia are keen to increase their investments in the country, they seek able support from the Cambodian government. The 500 odd factories, mainly supplying to export markets are producing low quality goods but importers are not always bothered about the labour cost but want a quality product too, so they continue to depend upon China instead of exploring opportunities in Cambodia.
The exports of garments and textiles from Cambodia grew by 8.98 per cent to $1.173 billion in January-March 2014, compared to exports of $1.076 billion made during the same period last year, according to the consolidated data released by the GMAC.
The textile industry in UAE is huge. It exports to more than 50 countries in Africa, the Middle East, South Asia and Europe. Homegrown luxury brands are in high demand from brand-conscious male consumers with a high purchasing power. But more aggressive marketing programs are needed to promote the country as a high quality clothes producer and incentivize key players in the industry.
The UAE textile industry has a diversified product portfolio. Some of the textiles produced in the country are car seats, tents and curtains, in addition to clothes. Knitted fabric is the most in demand in the UAE followed by woven fabrics. The UAE apparel industry has transformed from conventional outlets to large shopping malls and organized retail chains. Apparel brands are very strong due to their presence in premium shopping malls.
The industry foresees good profitability in import of textiles and textile articles and making garments and then re-exporting them. Bulk imports of textile and textile articles are from China and India. The cost of manufacturing is significantly lower in these countries due to the availability of cheaper labor and lower input costs.
Textile and garment companies in the UAE have improved and upgraded their raw material storage, packing and transport facilities for large-scale operations.
The recent Intertextile Pavilion at the Shenzhen International Trade Fair for Apparel Fabrics and Accessories a new record of buyer attendance, with this result confirming the growing potential in the Southern China textiles market. Over 17,500 buyers from 27 countries attended the fair, a 34 percent increase from 2013. The event saw the participation of nearly 700 exhibitors from eight countries, a 12.7 per cent rise compared to last year’s edition.
The fair took place from July 10 to 12 at the Shenzhen Convention & Exhibition Center and covering 30,000 sq. mt. space which is 33 per cent more than 2013. Exhibitors in the country and regional pavilions in particular experienced positive results. For instance, Organisers of the Korea Pavilion, the Korea Fashion Textile
Association (KFTA) witnessed greater demand from buyers in Southern China. Korean exhibitor, the Korea Textile Center, who has participated at the fair for five years now, also confirmed the opportunities in the south of China.
The potential of the yarn market in this region continued to attract exhibitors, especially those from India. According to The Cotton Textiles Export Promotion Council (TEXPROCIL), organisers of the India Pavilion, Indian companies are filling a big demand for yarn in the south and east of China, and hope to develop these opportunities further through the fair.
As the fair establishes itself in the region, and given its close proximity to Hong Kong and Guangzhou, a number of leading international companies choose to source fabrics there. Some of the big brands that attended the fair this year included Brooks Brothers, Diesel, Esprit, G2000, Givenchy, LF Sourcing, Liebeskind, Pepe Jeans, Replay and Silvereed, among many others.
The next Intertextile Pavilion Shenzhen will take place in mid-July, 2015 at the Shenzhen Convention & Exhibition Center again. The next Messe Frankfurt apparel fabrics and accessories fair in China is Intertextile Shanghai Apparel Fabrics – Autumn Edition 2014 which will be held in Shanghai from 20 to 23 October, 2014.
www.intertextileapparel.com
