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Nilit, producer of the Sensil fabric, a smart choice for premium Nylon 6.6 designed especially for apparel, will showcase its performance collection at Intertextile Shanghai. In addition, the brand will present Sensation: Spring/Summer 2020, the next edition in Nilit’s Trend Book series.
Sensil Nylon 6.6 is soft, strong, and durable fabric that retains newness after many wearings and washing. Its performance features include inherent odour control, temperature management, moisture management, and UV resistance. Its comfort is enhanced by the cooling effects of the Sensil Breeze or the warmth of Sensil Heat. Sensil Aquarius keeps things dry while Sensil Body Fresh makes sure they remain pleasant smelling. Sensil Innergy contributes its energising properties while Sensil EcoCare combines performance and environmental responsibility, according to the manufacturer.
Inexmoda will host BCapital in Bogotá, Colombia from October 17-19, 2018.The trade show links the consumer to the best local designs that seek to express fashion in non-conventional formats, link the end consumer with de Fashion System´s creative industries and create experiences through innovative languages and formats.
BCapital, a meeting place for the public who becomes validator of trend, has three fundamental axes: BSmart, academic axis of the event that seeks to democratise knowledge; BCool, the place where brands and designers lead attendees through memorable experiences, with presence of national and international buyers and exclusive collections; and BFashion, the place where you live fashion as a creative and cultural manifestation with production of more than 40 designers on stage.
The 9th Bangladesh Denim Expo with the motto “Simplicity” will be held on November 7 and 8, 2018 in Dhaka. The expo will hold three panel discussions that will focus on different aspects of the topic.
The first of these discussions will dwell on the simplicity of collaboration between the designers and consumers. The second will deal with the need for simplifying the standards and certificates for the global textile industry besides clarifying the procedures between producer and buyer. The third discussion will deal with simplicity in production. It will discuss the innovation, technology and optimised handling of resources in the industry.
Since its premiere four years ago, the Bangladesh Denim Expo has proven to be one of the major fairs for the denim community. The expo is known to be an important hub for innovation and sustainability. It’s 9th edition in November will present 60 exhibitors from all over the world who will showcase their offerings in material production, jeans production, chemicals, equipment and technology.
In 2017, China’s exports of textile products were 12.13 per cent of the country’s total exports. The Chinese textile industry has been competitive in the global value chain for years. The industry shows vigor and vitality, and the performance of brands with creative designs remains strong. But the industry is facing growing pressure from transforming and upgrading. China's textile industry urgently needs to figure out how to face the challenges brought out by the new era of reform and opening-up.
Technology, fashion, green have become the new labels for China's textile and garment industry. The future of design is soft design, which is user-oriented and aims to dig out potential demand from consumers. The high-quality development of China's textile products requires not only soft design but also something that leads the market.
Shenzhen, one of the country's major garment and textile industrial bases, is aiming to transform itself from a manufacturing powerhouse into a design and innovation-driven fashion hub after reporting robust income since 2017. This fashion hub is cultivating its own Chinese cultural characteristics to make it distinct and unique. It is aiming for faster growth by enhancing the design side rather than manufacturing since design creates culture, culture shapes value, and value determines the future.
A Thai company Saha Pathana has partnered with Global Chemical, a petrochemical refiner, to develop textile products using plastic waste. In this partnership, Global will bring its expertise in the petrochemical business and manufacturing of plastic resin by incorporating innovative and groundbreaking technology.
The combined strengths of the two organisations will ensure the promise of long-term business and simultaneously maximise the potential for Thai businesses, while also corresponding with the growing trend of green business across the world. Global will also provide technological knowhow and support for transforming plastic waste into textile products.
The companies will focus on developing products that are less environmentally damaging, while bringing high standards to the task of reducing Thailand’s waste problems. Textile products created from plastic waste are an interesting business, as the global shift of sustainability and environmental protection continues to rise. Apart from creating high-value textile products from plastic waste, the business collaboration also aims at expanding into both domestic and international markets. The tie-up will also extend efforts to pursue corporate social responsibility activities such as exhibitions and community development activities.
The National Council of Textile Organizations (NCTO) has launched the Rhode Island Textile Innovation Network (RITIN) at the Slater Mill Museum in Pawtucket. RITIN unveiled its new website and held an expo featuring local manufacturers. The activities supplemented NCTO’s We Make Amazing campaign that promotes the US textile industry. The network fosters collaboration among textile industry leaders, designers, academia and government with a mission to make Rhode Island a leader in advanced textile manufacturing and to develop solutions to recruit and train the sector’s future workforce.
Created in late 2016 by US Senator Sheldon Whitehouse and the University of Rhode Island Business Engagement Center, RITIN operates with planning grants received in late 2017 from Real Jobs RI and the Rhode Island Commerce Corporation. Polaris MEP, an affiliate of the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST MEP) provides RITIN’s program management.
Maroc will be held in Morocco, October 11 to 12, 2018. Around 200 exhibitors will be present representing fast fashion, denim, knitting, tailoring, lingerie, work wear, leather goods, shoes and accessories. The Circular Denim Cluster, a joint project by Hallotex, Textil Santanderina, Vich Industrial and Lenzing, will present actions to ensure sustainability along the complete production chain.
A textile cluster is being planned for Morocco. This is a project for the development of sustainable production. Planned are inter alia a spinning mill that processes recycled fibers and a recycling plant that is expected to recycle over one million kilograms of textile waste per year.
Stable macroeconomic factors and a favorable investment climate make Morocco an interesting and innovative production and sourcing location for the Mediterranean and North Africa. The clothing and textile industry in Morocco accounts for 24 per cent of Morocco’s total exports.
The country is at a favorable geostrategic location at the crossroads of three continents. Fast fashion, denim, knit, technical textiles and knitwear are Morocco’s competence. A striking advantage of Moroccan production is the proximity to Europe and the many years of experience in production for the world’s largest fashion brands and retailers. Moroccan producers can react quickly to new trends, implement and deliver them.
Uniqlo, a subsidiary of Japanese retail holding company Fast Retailing – plans to form a joint venture with three Pakistani companies, to boost textile exports. The brand will outsource textile garments for its more than 3,000 outlets worldwide. Uniqlo initially selected five textile companies in Lahore, Faisalabad, and Karachi and sent its two member team to meet their representatives and assess the potential.
Pakistan’s textile exports rose around 9 percent to $13.53 billion for the fiscal year ended June 30, which account for more than 60 per cent of the country’s total exports. Yet, Pakistan has lost its textile export share in the world market to 1.7 per cent from 2.2 per cent over the last decade.
In February, Spanish Inditex Group, the world’s biggest clothes retailer and owner of fast fashion brand Zara, opened its maiden branch office in Pakistan to double its imports from the country. Other key foreign buying houses in the country include IKEA, Walmart Global Procurement, Li and Fung Pakistan, Target and JC Penny.
New York Denim Days was held September 22 to 23. It served a strong denim style with a side of education about the industry’s progress toward sustainability. The B-2-C event was an opportunity for leaders in the denim supply chain to share their stories with consumers.
Artistic Milliners teamed up with Los Angeles-based denim brand Rising Sun for a line of men’s denim and duffle bags exclusive to Denim Days. The products were made with a recipe of sustainable alternative fibers including Tencel, Repreve and Cordura, and using the mill’s cleanest indigo dyeing technology. The hydro-free dye process is designed to leave clean and recyclable water effluent without any salt by-products and uses 70 per cent less chemicals.
Artistic Milliners also introduced a collection of stuffed denim sea creatures and nautical-themed pillows to stress the importance of ocean conservation. The toys were made with Crystal Clear technology and were filled with sliver collected from its own facility.
Tencel showcased how its fibers are derived from sustainably harvested trees. The narrative continued with a shop-in-shop that highlighted the soft hand feel and performance attributes the fiber brings to denim. Visitors were also encouraged to take selfies with a tree covered in patchwork Tencel denim.
"As per Washington-based National Council of Textile Organisations figures, US textiles and apparels exports was worth $28.6 billion in 2017. In fact, exports helped the country pull out of global recession. No wonder many small and medium sized textile companies in the US are boosting their bottomline by targeting consumers living outside the United States. Around 95 per cent of consumers of US textile reside outside, enabling them to sell their wares across the North America Free Trade Agreement (NAFTA) and Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) areas, as well as in Asian and European markets."
As per Washington-based National Council of Textile Organisations figures, US textiles and apparels exports was worth $28.6 billion in 2017. In fact, exports helped the country pull out of global recession. No wonder many small and medium sized textile companies in the US are boosting their bottomline by targeting consumers living outside the United States. Around 95 per cent of consumers of US textile reside outside, enabling them to sell their wares across the North America Free Trade Agreement (NAFTA) and Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) areas, as well as in Asian and European markets.
Many small businesses and corporate executives perceive exporting to be too burdensome or risky. They either do not sell overseas or sell in just a few markets that they are comfortable in. One of the primary reasons for this is customers sometimes fail to pay for the goods they receive.
Benefits of export credit insurance policy
An excellent solution to this is the Export-Import Bank (EXIM). EXIM, is a US federal government agency that
enables domestic companies to compete abroad and increase global sales. The bank’s export credit insurance policy protects foreign accounts receivables generated by the sale of goods and services from US-based companies to international customers. The policy covers up to 95 per cent of sales invoice against nonpayment due to commercial — bankruptcy and protracted default for example such as war or insurgency — risks.
Export credit insurance policy also improves the competitiveness of textile companies in the world market. While American exporters resort to cash in advance to avoid nonpayment risk, most foreign competitors offer open account credit terms. They expect credit terms and companies that are unable to extend credit to lose out on valuable opportunities.
Export credit insurance empowers US businesses to negotiate credit terms — typically in 30, 60 or 90 days — with foreign buyers up front, which is a powerful marketing tool and gives a competitive edge that wins deals. EXIM can cover a company’s entire portfolio of customers or a single buyer. In addition to reducing the risk of nonpayment and offering open account credit terms to foreign buyers, EXIM’s export credit insurance can enhance a company’s borrowing capacity by assigning now secured foreign receivables to a lender, improving liquidity and easing cash flow constraints.
Small players benefit
Between 2015 and 2017, EXIM supported with over $253 million to US textiles and apparel exporters. Small businesses comprised 91 per cent of EXIM’s total authorisations.
Export credit has gone a long way to boost the country’s exports and there by overall revenues.
