Marking a second consecutive month of decline, export of women's hosiery  items from Turkey fell by 5.8 per cent to 30 million pairs in November 2023 from the peak of 36 million in September.

However, despite a dip in the volume of hosiery exports from Turkey, export value remained steady at around $86 million during the month. The growth in the value of hosiery exports from Turkey was led by Germany with exports worth $18 million followed by Sweden, Netherlands, US, and Italy which collectively accounted for 16 per cent of Turkey’s hosiery exports during the month.

Among major destinations, import of hosiery items by Sweden from grew by 4.3 per cent CAGR in volume and 3.1 per cent in value over the past year. Other leading markets showed more moderate growth.

The average price of hosiery export per pair increased by 2.8 per cent to $2.9 compared to October. However, the overall price trend remained flat, with June 2023 marking the peak at $3.2.

The new Winter Apparel Collection by Da Milano redefines the winter season with its stunning range of leather jackets. 

The jackets in the collection have been made from two types of luxurious leather;  the supple napa and the velvety suede. They have been designed in classic black, timeless brown, and a neutrals palette. These jackets blend comfort with style, which makes them an essential item in customers’ closets. 

The Men's Jacket range offers eight beautifully-designed styles ranging from biker jackets, quilted vests, suave blazer jackets, to versatile zipper jackets. Making a bold statement, each of these styles personifies embodies the unique style of its wearer.

The women’s jackets range in the collection symbolises femininity as it blends comfort with couture. Each piece of the collection represents the core of womanhood. The range offers three exclusive garments including a edgy zipper jacket, a suede shirt anda tailored ladies’ trousers. 

Sahil Malik, Da Milano says, each piece in the collection represents a unique style, be it the edgy zipper jacket, chic suede shirt, tailored ladies' trousers, or the diverse range of men's articles.

While broader economic indicators in China paint a cautious picture, the luxury goods market appears to be defying the odds. Consumers are opening their wallets for high-end clothing, boosting the sales of global brands like Ralph Lauren, Coach, and Hermès.

Marking the fourth consecutive month of decline, China’s inflation fell by 0.8 per cent in January. Demand for luxury products is growing in the country despite the low base set by last year’s COVID shutdowns. 

Luxury brand’s Ralph Lauren’s sales surged by 30 per cent in January while those of Coach’s parent company Tapestry grew by 19 per cent. Hermes’ sales from Asia operations increased by 19 per cent during the month. 

This growth in sales was attributed to various factors including a pent-up demand and increasing spending on travel by Chinese tourists.

Spinnova, a trailblazer in sustainable textile materials, has enlisted Rejlers Finland Oy as its partner to craft a comprehensive process design package. This collaboration marks a pivotal step in planning the expansion of Spinnova fiber production, underscoring a commitment to sustainable innovation in the textile industry.

The partnership entails expert consultation, design, and plant sizing for upcoming phases of production-scale unit development, devoid of geographic constraints. The versatile process design package is adaptable globally, facilitating the scaling of production regardless of the raw material base.

Of notable significance is Spinnova's patented technology, capable of producing textile fibers from various sources including wood and waste streams, without resorting to harmful chemicals. Teemu Lindberg, Executive Vice President at Spinnova, emphasizes the package's role in formalizing insights gleaned from previous endeavors, positioning it as a cornerstone for future plant implementations.

For Rejlers Finland Oy, this collaboration aligns seamlessly with their strategy of championing circular economy initiatives. Samuli Kyttälä, Senior Vice President of Industry at Rejlers, sees the partnership as a testament to their prowess as a project partner for technology developers, solidifying their foothold in advancing novel technologies.

Anticipated to commence in the first half of 2024, this collaboration signifies a concerted effort towards sustainable innovation, poised to reshape the textile landscape.

SaXcell, a pioneering textile recycling innovator, showcased its fabric and garment samples at PV Paris alongside Birla Cellulose, a major player in man-made cellulosic fiber manufacturing. This collaboration, displayed from February 6 to 8, highlights their joint effort in producing recycled man-made cellulosic fibers. SaXcell's innovative textile waste pulping technology, paired with Birla's advanced wet spinning expertise, has yielded high-quality sustainable "SaXcell" recycled fibers, meeting the circular textile demands on a commercial scale.

Süleyman Kocasert, CMO of SaXcell, emphasized the global importance of collaborative efforts in addressing the textile industry's social and environmental challenges. He highlighted the urgent need to transition from a linear to a circular economy, stressing the impact of SaXcell and Birla's joint innovation and production capabilities.

Aspi Patel, Chief Technology Officer of Aditya Birla Group and Birla Cellulose, expressed the firm's commitment to expanding circular fiber offerings through partnerships with innovators, recognizing the crucial role such collaborations play in advancing circularity in the global textile value chain.

SaXcell B.V., founded by researchers from Saxion University in 2015, specializes in recycling used textiles into feedstock for sustainable man-made cellulosic fibers. With a pilot factory established in 2020, SaXcell plans further expansion with a Small-Scale Production plant in Enschede, The Netherlands, by 2024.

Birla Cellulose, a sustainability-focused MMCF producer, operates 12 manufacturing sites with environmentally efficient closed-loop technologies. Recognized for its commitment to sustainability, Birla Cellulose collaborates actively with partners to enhance the sustainability of its value chain.

In a pioneering collaboration, Tencel, the pioneering textile brand by Lenzing, partnered with Intimasia for its 6th edition, signaling a transformative leap forward for India's intimate wear sector. The fusion of these industry leaders sparked a wave of innovation, showcased at the Tencel x Intimasia event held in Mumbai from January 22 to 24, 2024, solidifying its status as South Asia's premier B2B fashion expo for intimate wear.

Spanning 120,000 sq ft, the event featured over 250 exhibitors and 300+ brands, attracting more than 20,000 retailers, distributors, and 500 delegates. Tencel intimasia served as a nexus for industry players, offering a platform for product demonstrations, collection unveilings, and networking opportunities.

The surge in demand for Tencel lyocell, modal fibers, and Lenzing Ecovero viscose fibers within the Indian market was palpable, evidenced by the diverse collections on display and the keen interest from manufacturers and retailers. Renowned for their eco-friendly credentials, derived from sustainable wood sources with significantly reduced carbon emissions and water consumption, these fibers meet stringent environmental standards.

Endorsed by leading brands and designers, Tencel's cellulosic fibers have redefined intimate wear, boasting superior moisture absorption, breathability, and lasting softness, ensuring optimal comfort and hygiene.

The inaugural Lingerie Fashion Week, a highlight of the event, showcased a spectrum of intimate, loungewear, and sportswear products. Collaborations with Direct-to-Consumer and mainstream brands like Bummer, XYXX, and Red Rose unveiled cutting-edge innovations, reaffirming Tencel's influence on contemporary fashion trends in India.

Avinash Mane, Senior Commercial Director of Textile Business at Lenzing AMEA & NEA, emphasized the brand's commitment to enhancing the Indian intimate apparel market through premium quality and consumer-centric solutions.

Running concurrently, Source NXT provided a vital sourcing platform for global manufacturers, suppliers, and buyers in the hosiery and knitwear sector. Lenzing's spotlight on Tencel and Lenzing Ecovero fibers facilitated a global dialogue on manufacturing trends and innovations, further cementing its position as an industry leader.

Sri Lanka's Textile Manufacturers' Association (STMA) is urging the government to extend a value-added tax (VAT) exemption currently enjoyed by handloom textile producers to power loom manufacturers as well. The association argues, this move will ensure e survival of the local industry and the livelihoods of thousands of workers.

The crux of the issue lies in the uneven playing field created by the current VAT structure. Locally produced fabrics face a 15 per cent VAT, making them more expensive compared to imported textiles that are exempt from the tax. This price disparity discourages consumers from choosing domestic products, putting the local industry at a significant disadvantage.

EANS Perera, Chairman, STMA, emphasises, the decision to levy VAT only on local manufacturing textiles has jeopardized the livelihoods of around 50,000 people, especially those in the power loom sector. Currently, imported handloom and power loom textiles are VAT-exempt, while domestically produced power loom fabrics are not, he adds. .

He urged the government to extend the VAT exemption to power loom manufacturers. This will level the playing field and create a fairer market environment for the local industry, he adds. 

Making a bold statement, Donna Karan New York launched a star-powered Spring 2024 campaign titled ‘In Women We Trust.’ 

Featuring eight iconic women including Cindy Crawford, Linda Evangelista, Amber Valletta, Shalom Harlow, Carlyn Murply, Imaan Hammam Karlie Kloss and Liya Kebede, the campaign, shot by Annie Leibovit, celebrates the timeless elegance, female empowerment, and accessible luxury, inherent qualities of the Donna Karan brand. 

These are the qualities reflected in the brand’s new collection featuring classic silhouettes and signature pieces like the crisp cotton shirt dress, bodysuit, draped dress, and lightweight blazer. 

The campaign emphasises the importance of women leading the way besides Donna Karan's pioneering approach to power dressing that continues to resonate today.

To be rolled out across all Donna Karan social channels, the campaign will be amplified through a comprehensive media mix across North America, including digital, print, and outdoor platforms.

The latest edition of denim industry event, Kingpins New York, concluded with positive results, marking a promising start to 2024. 

Held at the Basketball City, the show saw a 11 per cent increase in visitors compared to July 2023 and a 27 per cent compared to January 2023. The event was attended by over 85 exhibitors who showcased their products to 700 visitors from over 300 companies representing 17 countries. It was attended by leading industry giants like American Eagle Outfitters, Calvin Klein, and Tommy Hilfiger, etc. 

Kingpins New York will celebrate its 20th anniversary from 17th -18th July, 2024 along with the tenth anniversary of Kingpins Amsterdam on April 24-25, 2024. 

This will be followed by Kingpins China in Hangzhou from May 23-25, 2024. The trade show will cater to both B2B and B2C audiences, with a dedicated area featuring DIY activities, retail, and seminars on sustainability and denim culture.

Issuing a warning for the fourth quarter, popular kids' clothing store, The Children’s Place is urgently seeking new funding.

Operator of over 500 stores in North America, The Children’s Place, now expects a fourth-quarter adjusted operating loss to reach 9 per cent to 8 per cent of sales. Its prior guidance had called for adjusted operating income of about 2 per cent of sales. 

The company expects net sales to range from approximately $454 million to $456 million, compared to its prior guidance of $460 million to $465 million.

For its third quarter, ended Oct 28, The Children’s Place’s net sales decreased 5.7 per cent to $28.9 million, comparable retail sales decreased 7.3 per cent.  The company’s adjusted net income was $40.6 million, or $3.22 per share, compared to $43.8 million, or $3.33 per share, in the comparable period last year.

The company's global retail and wholesale network includes four digital storefronts, more than 500 stores in North America, wholesale marketplaces and distribution in 16 countries through six international franchise partners. 

The Children’s Place designs, contracts to manufacture, and sells apparel, accessories and footwear predominantly at value prices, primarily under its proprietary brands: The Children’s Place, Gymboree, Sugar & Jade and PJ Place.