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Beachwear brands use Roica in their latest collections. Roica is a premium stretch fiber produced by Asahi Kasei. These brands will present their latest collections featuring Roica at MarediModa, an exhibition dedicated to fabrics and accessories for beachwear, which will take place at Cannes, November 7 to 9, 2017.
Eusebio’s two collections both feature Roica Colour Perfect family and Roica Resistance family fibers. The Confidence line is a beachwear department of Eusebio Spa. The Active Clothing Eusebio line ranges from super-stretch cotton jersey to microfiber nylon with more technical contents to bounded textiles (fibers and different finishes, double-face effects), technical sweatshirts and double weaving in various blends.
Iluna is presenting the lace Green Label collections obtained with Roica Eco Smart. In the beachwear collection, Iluna offers sarongs with fringes and coordinated all-overs with a modern, innovative and especially sustainable design.
Maglificio Ripa is displaying prints in a dominant orange tone, at times contrasted by the neutrals and by the verdant greens from the most remote rainforests. The precious base for the prints is the Light 2.0 Deep, a fabric that is realised with Roica Colour Perfect dyeable stretch family. New for the season are the fabrics realised with the Roica Feel Good family designed especially for sportswear and underwear.
Karur Export has invested Rs 2.5 crores in its new unit. With the expansion, the company has doubled its capacity. The unit is 50,000 sq. meters. Apart from the existing products, the new unit will also produce a bedding line, which includes bed sheets and quilts. It will add to its team also, including designers and other middle-level management positions.
The company is a leading manufacturer and exporter of a wide variety of table covers, table napkins, table mats and placemats, table runners, cushion covers, curtains, cafe curtains, floor mattresses, chair pads.
Tamil Nadu based Karur, which opened in 2007, expects a 100 per cent growth in the current fiscal. It exports a wide range of home furnishing items, mainly to Japan, but is looking to add new buyers.
Karur is one of the ancient cities of Tamil Nadu. According to Hindu mythology, Brahma began the work of creation here, which is referred to as the place of the sacred cow. Karur may have been a center for jewelry - making and gem setting as seen from various excavations.
For most Indian exporters of apparel and home furnishing products, the market has been really tough from the last few months.
Compared to the first half of last year, Vietnam’s garment and textile exports has reached US$4 billion this year down by 4.7 per cent according to the Vietnam Textile and Apparel Association, (VITAS).
Nguyen Son, deputy general secretary of VITAS said that his country had expected to rope in US$700 million from the garment and textile exports in June after reaching US$3.3 billion in the first five months. However, companies could not register much profit because the price of export garments is 15 per cent less than compared to last year and the purchasing power of markets in the U.S. and Europe has also been reduced. According to Vitas, many garment exporters are trying to tap the Middle East, Africa and Eastern Europe to avoid depending too much on the U.S. and west Europe. This year, Vietnam has targeted to earn US$9.5 billion by way of garment and textile export revenue, 5 per cent more than last year.
Peru, the world's top alpaca fiber producer, supplies to international markets, mainly to Asia, the United States and Europe. Peru currently holds 80 per cent of the world’s alpaca production. Alpaca-breeding associations, shearers, processing, industrial and artisanal dressmaking companies as well as spinners and fashion designers comprise this sector, which has reached its highest peaks over the past two years.
The Arequipa region in Peru, where 95 per cent of fiber is industrially transformed, holds all production chain elements within its territory from fleece harvesting, through processing and dyeing, to garment-manufacturing with added value. Peruvian alpaca garments and textiles have already been introduced to 30 countries.
Nevertheless, less than 25 per cent of such fiber is exported as finished apparel. So Peru has undertaken a branding strategy. The logo Alpaca del Peru (Peruvian Alpaca) guarantees a quality standard, ensuring the final product has not been altered during procedures.
Today there are about 3.5 million alpacas in the Andean highlands, most of which can be found in Peru. Alpacas are popular internationally for their luxury fiber. Alpacas are a domesticated member of the camel family. They are shorn for their valuable fleeces. Alpaca is one of the finest luxury fibers in the world. It’s incredibly soft, with a silky smooth texture.
Diwali this year is expected to spell big business for exhibitors who participated at Heimtextil India and Ambiente India earlier this year. Heimtextil is the largest platform for portraying new ideas, thoughts and products in the home textile industry.
Raymond Home launched its 2016 autumn/winter collection at the Indian edition and received a tremendous response and started receiving orders from day one of the show itself. During this event it could connect with a lot of potential business associates eventually opening new avenues before Diwali. Having launched its new collection at the show, Raymonds presented an eccentric design display and seasonal hues of the story of lavish living that buyers can now see in stores.
For Rumours, launching its latest collection during Heimtextil helped it establish a customer base for the biggest festive season of India. Heimtextil provided opportunities to branch out to business-to-business trading and create a customer database. Over 10 new collections out in stores this Diwali.
Diwali celebrations are expected to improve business because of the increase in consumption and spend unlike other Indian festivals. Home and lifestyle industry players have been bullish on prospects with both big and small players coming up with Diwali focused collections, in keeping with the spirit of the festival.
Representatives from public private partnerships (PPP) of the apparel and footwear industry have signed a co-operation agreement for sustainable development in Vietnam. The agreement was signed under the ‘Race to the Top’ (RttT) programme with support from all members. The programme aims to provide support to apparel and footwear products and the application of global sustainable production in Vietnam.
The agreement, the first of its kind in the country marks a new step in promoting sustainable development of apparel and footwear sectors in terms of economy, society and environment. The agreement would see the co-operation of all members to enhance environmentally-friendly production, improve productivity, reduce negative effects on the environment and promote dialogue among labourers.
Speaking at the signing ceremony, Flavio Corsin, IDH Vietnam country director said that the programme is expected to improve the economic and social benefits and reputation for the Government, the industries, workers and communities.
Italian company Pitti Immagine Uomo will host a few events at its next edition to be held in Florence from January 10 to 13. It would show how borders between fashion, sportswear and athleisure are always more blurred and reciprocally interacting. Pitti Uomo is one of the world’s most important platforms for men’s clothing and accessory collections and is also used for launching new projects in men’s fashion.
The next edition of the international menswear show will host ‘Golden Goose Deluxe Brand’ among its special guests and events. The Italian brand founded in 2000 by Francesca and Alessandro Gallo will celebrate the 10th anniversary from the launch of their iconic sneaker within an event-installation at Stazione Leopolda as Special Project @ Pitti Uomo.
Another crossover project will be showcased. Cottweiler for Reebok will be the designer project of Pitti Uomo’s January 2017 edition, a merger between sportswear, fashion and street wear. London menswear label Cottweiler designed by Ben Cottrell and Matthew Dainty will launch a debuting collaboration collection with Reebok. Brit style icon, Paul Smith will be the special guest of this edition.
"The UK is likely to get only a trade deal with the EU ‘along the same lines’ of what the EU has concluded with Canada, South Korea and Japan, said EU chief Brexit negotiator Michel Barnier. The UK’s own ‘red lines’ on Brexit (no freedom of movement, no jurisdiction for the European Court of Justice, the right to sign independent UK trade deals with third countries, etc.) ruled out anything more extensive."
The UK is likely to get only a trade deal with the EU ‘along the same lines’ of what the EU has concluded with Canada, South Korea and Japan, said EU chief Brexit negotiator Michel Barnier. The UK’s own ‘red lines’ on Brexit (no freedom of movement, no jurisdiction for the European Court of Justice, the right to sign independent UK trade deals with third countries, etc.) ruled out anything more extensive.
EU deals with other countries
The EU-South Korea free-trade deal was concluded in 2009 and came into force partially in 2011. It is essentially a tariff-reduction trade deal covering goods such as cars, textiles, electronics, chemicals and some agricultural products. It is supposed to be the bloc’s most ambitious overseas trade deal till date. The deal also relaxes Korean foreign ownership rules in telecoms, and liberalises rules on environmental and shipping services.
The EU recently inked the free trade deal with Japan. This agreement also liberalises the bilateral goods trade, primarily agricultural exports. For instance, tariffs on EU beef and pork will be reduced. For EU cheese, the tariffs are eliminated altogether. There’s also some opening up of the Japanese market to EU services firms in the telecoms and transport sectors.
The Canada-EU deal, known as CETA, provisionally came into force in September. Again, its focus is on the reduction of goods tariffs. Agricultural exports also stand to gain. Tariffs on cars, clothing, chemicals and machinery are also slashed to zero. On services, there is some opening up in financial services, telecoms, transport and post.
What is not covered
The difference between these free-trade deals and the EU’s single market and customs union is immense. The goods tariffs under these various deals are reduced or sometimes eliminated, but in the customs union, they disappear entirely as a matter of law. Shipments to the EU from South Korea, Canada and Japan all have to be (and will continue to be) checked by EU customs authorities to ensure they are actually from those countries and that they conform to local safety rules, even if no tariffs are due.
Within the EU customs union, goods cross borders without any checks at all. The single market in services also goes far beyond any liberalisation of cross-border service provision in these other trade deals. The single market specifically targets non-tariff barriers, such as local regulation rules. Single market membership also entitles one to work in any country under this deal. This freedom of movement does not exist (and will not exist) for EU citizens with regards to its treaty the Canadian, Japanese and South Korean labour markets.
Brexit impact
Various trade economists have analysed the slated impact of Brexit. Oxford Economics and the National Institute for Economic and Social Research estimated damage of 2 per cent of GDP, or around £1,300 per household. However, the London School of Economics team was more pessimistic, estimating a 6.3 per cent hit to GDP by 2030 – around £4,300 per household. The consensus view of credible trade economists is that the more significant the trade barriers that are erected between the UK and the EU, the worse the economic damage will be.
In a commentary on denim, the National Council of Textile Organizations (NCTO) has said that the product is the hottest wardrobe items in the fashion industry in the US. It also cites an Elle magazine report on designer denim as among the best looks of the 2016 Paris Fashion Week held earlier this month. With fall fashion shows in New York and Paris in the rearview mirror, denim has emerged as one of the hottest wardrobe items in the fashion industry.
On the other hand, Elle magazine has reported that designer denim was among the best looks of the 2016 Paris Fashion Week that ended on October 5. In New York, which also hosted its Fashion Week this month, Racked.com named denim as the reason the fashion crowd there was noticeably casual.
Denim is a timeless classic and the fall and spring seasons are peak production times for global denim manufacturers like Mount Vernon Mills. The Mill’s Apparel Fabrics group operates one of the largest denim manufacturing facilities in the world and produces a wide variety of the product including washed, over-dyed and stretch fabrics. The material’s popularity in the US can be traced to its iconic status alongside baseball, apple pie and other iconic brands. The company also is on the forefront of the innovation behind a fabric constantly evolving to meet customer styles and tastes.
GPS sports watch, tight pants, water sports equipment and a host of Chinese products have prompted China's sportswear market to touch new high as its worth billions of dollars now. Among these products, ultimate sportswear and premium sportswear are popular, partly because of the coming Winter Olympics 1o be held in 2022 in Beijing and partly because the effluent class of Chinese population buys Iron man sports products.
After launching a children’s category in China, the sportswear market is also expected to continue to grow as the US’s UnderArmour and Canaian brand Lululemon. Colin Grant, Group Chief Executive of Pure Yoga products and nutritional products said that sport and health products have great potential in the Chinese market.
UnderArmour has said that by 2018, its China's sales will be 25 per cent more than other markets. Yoga products giant Lululemon expects sales of its first store in Hong Kong, China will reach $8 million this year. But they will have to face fierce competition from China’s local brands like Anta, xtep and 361 degrees. After the Chinese government's anti-corruption campaign in 2015, the share prices of brands such as Prada fell by 45 per cent at the Hong Kong Stock Exchange. The slowdown in the Chinese economy has also been caused by the change in shopping habits by the Chinese.
According to Euromonitor International, by 2020, China's sportswear market would see double-digit growth and reach approximately 280.8 billion yuan eventually surpassing the luxury products market that will show single-digit growth in the same period. It is presumed that by 2020, it would reach up to 400 million Yuan in comparison to the European sportswear market that is expected to reach $ 64 billion.
