FW
"With innovative denim yarn, stretch, embroidered, jacquard and knit fabrics, ‘Beyond Denim’ will be the largest product zones at the Spring Edition 2016 of the upcoming Intertextile Shanghai Apparel Fabrics. The fair is on track to be the most diverse Spring Edition yet, with a number of product zones adding to the flavour of the fair. This edition’s one of the larger product zones is ‘Beyond Denim,’ with over 90 exhibitors presenting their latest products including innovative denim yarn as well as stretch, embroidered, jacquard and knit denim fabrics."
With innovative denim yarn, stretch, embroidered, jacquard and knit fabrics, ‘Beyond Denim’ will be the largest product zones at the Spring Edition 2016 of the upcoming Intertextile Shanghai Apparel Fabrics. The fair is on track to be the most diverse Spring Edition yet, with a number of product zones adding to the flavour of the fair. This edition’s one of the larger product zones is ‘Beyond Denim,’ with over 90 exhibitors presenting their latest products including innovative denim yarn as well as stretch, embroidered, jacquard and knit denim fabrics.
Panel discussion on market challenges
A panel discussion on ‘How denim fabric and garment manufacturers work together to cope with market challenges’ to be moderated by the Denim Innovation Alliance will be held to offer industry players an opportunity to exchange their insights on the future of the denim market.
Besides this, a workshop allowing buyers to paint their own denim tote bags and aprons is also being conducted by the Denim Innovation Alliance. Some of the leading suppliers already confirmed to take part in ‘Beyond Denim’ include Kipas Denim Mills (Turkey), Malwa Industries (India), Orta Anadolu (Turkey), Prosperity Textile (China), W Denim (Turkey) and Yixing Lucky G&L Denim (China) among others.
Nearly 300 activewear exhibitors to feature
This year, nearly 300 international and domestic exhibitors with activewear fabrics and production technology will feature at the fair. With Chinese companies located in hall 8.1 and overseas suppliers featuring in the Functional Lab in hall 7.2. And two group pavilions from Korea are involved here too, namely the Gyeongbuk Natural Color Industry Institute and Dyetec Pavilions.
Sustainability products and services are also an increasingly important aspect of the fair. The ‘All About Sustainability’ zone will once again feature sustainability related NGOs, certifiers, testing companies and manufacturers with eco-friendly products, as well as an ecoBoutique area presenting sustainable outfits from Huafu, Redress and others. Hohenstein Textile Testing, SGS, Testex and TÜV SÜD are just some of the others taking part in this zone.
In addition to these two aspects, the Forum Space area of the zone hosts a number of seminars and panel discussions on sustainability issues. The ‘Green Opportunities with Flax and Linen’ panel discussion will feature speakers from the European Flax & Hemp Confederation (CELC), China Bast and Leaf Fibres Textile Association, Elementi Moda, Tongling Worldbest Ramie & Linen Textiles and Xin Shen Group. And a panel on implementing China’s 13th Five-Year Plan for green manufacturing will be moderated by the China National Textile and Apparel Council.
‘Verve for Design’ from seven countries
Considering the huge popularity with buyers of the ‘Verve for Design’ area during last year’s Autumn Edition, this year’s fair is expected to witness over 20 exhibitors of original fabric pattern designs from Australia, France, Italy, Japan, Russia, Switzerland and the UK taking part. A selection of the leading brands on display includes Acorn Conceptual Textiles, Circleline Design Studio, Design Union and Westcott Design from the UK, Gibson Design Studio from Switzerland, and Cloth Collections and Longina Phillips Designs from Australia.
Intertextile Shanghai Apparel Fabrics-Spring Edition 2016, is co-organised by Messe Frankfurt (HK); the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Centre.
The Indian denim industry is looking to gradually increase its share of exports from its current 35 per cent. For this to happen the industry has to increase its capacity by another 300 million meters. Historically, denim has been one of the fastest growing apparel fabric segments, having grown from 700 million meters in 2010 to 1.2 billion in 2015. Yet, there is a gap of another 300 million meters in India if the denim industry needs to tap its full export potential. Whereas, exports of textiles have not done well in the last few years and denim as one of the major textile product groups could push textile exports. The Denim industry’s domestic and export ratio even though is set to change from 65:35 to 55:45. It is expected to touch 1.5 billion meters capacity by 2020.
In this backdrop, Diagonal Consulting (India) jointly with the Confederation of Indian Textile Industry (CITI) is organizing an International Denim Conference in Ahmedabad February 19a nd 20, 2016.
Exports of textiles have not done well in the last few years and denim as one of the major textile product groups could push textile exports. While India has been one of the major global suppliers of denim fabrics, the country still falls behind other competing nations in terms of denim apparel such as jeans. Also, while most global brands outsource denim apparel work to Indian players, much of it is meant for the domestic market and not for exports.
The Indian denim industry should bag orders not just for the domestic market but also that it becomes a global hub for branded denim apparel. The industry is expected to touch a 1.5 billion meter capacity by 2020.
Raw materials, rent, labor costs have all increased while corporate profit margins shrinked in China since 2015. However, its garment industry is showing good results. According to China National Garment Association statistics from January 2015 to November 2015, above-scale garment enterprises’ (15,586 in numbers) main business income reported 1.984423 trillion Yuan, with a total profit of 112.802 billion Yuan and an increase by 5.94 per cent business operations.
Chen Dapeng, Executive VP, China National Garment Association, under the new normal economy, China's garment industry must rapidly increase their ability to innovate with various adjustments and should change to keep up with the development of consumer and market demand. Experts believe that since entering 2015, although the basic clothing consumption continued weakness, the growth rate has stabilized.
Leading worldwide innovator in machinery for warp knitting, warp preparation for weaving, and technical textiles, Karl Mayer will hold an in-house exhibition at its subsidiary in Greensboro, NC, from April 26 to 28, 2016. The exhibition organized for their industry partners in North and Central America will bring experts together, will be a know-how exchange and will show the newest machines and applications for warp knitting, weaving warp preparation and composite fabrics. The goal is to provide the market an opportunity to learn about many recent innovations in detail and to generate ideas for new product development.
During the exhibition visitors will have the opportunity to see high-performance warp knitting machines in operation, producing new and sophisticated fabrics for automotive applications, and for sportswear, including seamless garments. New machines, new applications and new fabrics all are a continuous part of the company’s innovation process, leading to radical changes in the production of functional sportswear up to the use of carbon fiber in cars intended to revolutionize mobility.
Finally, the Bangladeshi Cabinet gave the nod to the draft Bangladesh EPZ Labour Law 2016, with provisions for forming legal trade unions in factories inside of the Export Processing Zones (EPZ). Out of the 16 conditions set by the US to be fulfilled by the Bangladesh government for regaining the GSP (Generalised System of Preferences) in the US market, the last condition was allowing trade unions in factories.
For reinstatement of GSP privilege, the Bangladesh government has already submitted the progress report on the implementation of 16 conditions to the United States Trade Representative (USTR), the chief trade negotiation body for the US government. The GSP was suspended for Bangladesh in June 2013, due to serious shortcomings in workplace safety and labour rights.
Apart from suspending the GSP benefit after the Rana Plaza building collapse, the US government gave the 16 conditions as ‘Bangladesh Action Plan.’ Earlier, the government made delays in allowing unions in the EPZs, as the foreign investors were divided on the issue. Investors of some countries said the unions would hamper the production while others argued that the unions would establish labor rights. If this draft, which amends EPZ Workers' Welfare and Industrial Relations Act, 2010, is passed by Parliament and made into law, the Workers' Welfare Associations (WWA) in factories inside of the EPZs would act as the legal trade unions.
Gujarat is set to strengthen its position further as the denim hub of India with around 150 million meters per annum (mmpa) new manufacturing capacity added by 2020.This will be in addition to the existing capacity of 500 mmpa.
Denim production capacity is set to cross 1.5 billion meters per annum in the country. Taking into account projects which are being expanded, and new projects that are coming up, around 300 mmpa of denim capacity is likely to be added during the next four years in the country. Out of this, around 50 per cent will take place in Gujarat alone.
Around four or five new units are coming up in and around Ahmedabad which will add 50 mmpa of capacity . Surat too has six units of denim manufacturing with a capacity of 100 mmpa. These firms plan to add another 30 mmpa in the next few years. The denim industry in India has a healthy growth rate of 1518 per cent per annum. Currently the feasible production capacity is a billion meters per annum considering a 85 to 90 per cent utilisation. Looking at the domestic demand, India will need to double its denim capacity by 2020.
Monsanto in cooperation with the Lubbock Economic Development Alliance (LEDA) announced plans to begin construction of a new, state-of-the-art cotton seed processing facility in Lubbock, Texas. The construction of the new facility is expected to begin in March 2016 and be completed in the second half of calendar year 2017.
With an investment of $140 million, the facility is expected to employ 40 full-time personnel. The site will be established as Monsanto’s primary US hub for all commercial cotton seed processing operations - to include cleaning, treating and bagging of cotton seed - while existing processing facilities will transition to support storage and warehousing, pre-commercial operations and research in various parts of the cotton belt.
Last October, Monsanto announced a number of strategic actions to help drive greater scale in its business and further enhance its overall operations. Location of the new hub facility, Monsanto’s established relationship with LEDA and the opportunity to leverage new production technology factored into the decision to consolidate and optimize its U.S. commercial cotton seed processing operations.
Cambodia may focus on exporting other categories also along with garments. The country feels overreliance on garments may not allow for stable economic development. The other areas for manufacturers to look at are electronics products and machinery. And the reliance on garment exports may fall in the near future. Cambodia’s economic growth has been at seven per cent a year over the last decade, with the expanding garment sector generating about 10 per cent of gross domestic product. Last year, Cambodia’s garment exports to the European Union and the United States were valued at $5.7 billion.
Cambodia can become a manufacturing hub due to its strategic location, but it has many obstacles to overcome, including lack of skilled labor, high energy costs and poor infrastructure. All these are impediments to investment. If these can be overcome Cambodia’s goal of becoming a regional manufacturing hub can be attained.
Cambodia is a member of Asean, one of the world’s largest trade zones, and investors around the world are considering Cambodia as a gateway to the region. Asean’s combined GDP exceeds three trillion dollars and the region is one of the fastest growing in the world. Cambodia is working to attract investment into manufacturing.
Levi Strauss’s fourth quarter and full year 2015 results are unfavorable. The brand’s earnings have been affected by currency headwinds, the associated negative impact on tourism and the challenging global retail dynamics. The company reported 7 per cent and 5 per cent declines in net revenue for the fourth quarter and full year, respectively. On a constant currency basis, the net revenues for the fourth quarter and full year 2015 decreased 1 per cent and increased 1 per cent, respectively. Gross profit for both periods also decreased with the fourth quarter achieving $658 million compared to $680 million in the previous year and the full year achieving $2,269 million compared to $2,348 million in 2014.
On a constant currency basis, net revenues for the year declined one per cent in the fourth quarter but grew one per cent for the full year. On a reported basis, net revenues declined seven per cent in the fourth quarter and five per cent for the full year. Though results were negatively affected by currency translation, net revenue was helped by growth in Europe and Asia.
Direct-to-consumer sales grew mid-single digits on a constant currency basis. This growth reflected expansion of the retail network and increases in e-commerce. Wholesale revenues declined on a constant currency basis for both periods on account of the company’s fourth fiscal quarter having one fewer week compared to the prior year.
The most dramatic growth came in net income, which increased 51 per cent from 2014, reflecting the company’s lower restructuring charges associated with its global productivity initiative, lower interest expense and a pension settlement loss recorded in the fourth quarter of 2014. In 2016 Levi Strauss will continue to invest in its retail network and e-commerce.
www.levistrauss.com/
"What began as regular workwear, denim has gone posh today with Alexa Chung for AG jeans to Marques Almeida and Prada, designers using style and history to create nostalgia and style reinvention. Denim has been growing continuously in the last decade but what’s new is that high fashion has joined the bandwagon of denim affiliation."
After the successful completion of the fourth edition, Denimsandjeans.com brings the 5th edition of their pioneer denim show themed ‘Denim In Fashion’ to Dhaka on March 2 and 3, 2016. This will be Denimsandjeans.com’s fifth consecutive denim exhibition in Bangladesh. The mega denim show is one of the most awaited exhibitions and has been attracting global attention ever since its inception.
What began as regular workwear, denim has gone posh today with Alexa Chung for AG jeans to Marques Almeida and Prada, designers using style and history to create nostalgia and style reinvention. Denim has been growing continuously in the last decade but what’s new is that high fashion has joined the bandwagon of denim affiliation. This explains the theme for the latest edition which is inspired by luxury brands like Prada, Gucci, Burberry and more taking denim seriously and into their collections. Gucci’s has sun-bleached or on neat shirt-waisters with giant pockets. Dolce & Gabbana embellishes their women’s jeans with rhinestones. Burberry, has introduced denim jacket on the catwalk at both their men’s and women’s shows. The collections were full of 70s-style jeans nostalgia with stitching highlighting pockets and boot-cut shapes, teamed with bobbly jumpers and flat sandals. Prada, Louis Vuitton, Stella McCartney, Chloé – mix denim with the other big trends of the season For a few seasons now, many fashion editors have been seen more in Junya Watanbe patchwork jeans than the once universal Cocktail dresses.
Showcasing Bangladesh to the world
Innovation, sustainability and quality, are what Denimsandjeans.com primarily focused on. For the last two years, Denimsandjeans.com has been tapping the potential of Bangladesh and showing to the world the immense opportunities of Bangladesh’s textile industry. In their last edition, ‘Denim Playground Dhaka’, apart from traditional customs of exhibitions, for the first time, students of Bangladesh fashion universities were involved in a contest related to denim products for an international audience. They believe that the best innovation and creations could be delivered only by an enthusiastic learner, and after observing the creations of these students, everyone including exhibitors to international visitors appreciated the work of all these students.
During the last edition ‘Denim Playground Dhaka’ students of three universities BUFT, SMUCT and NIFT participated in a contest organised at the denim show to bring out some innovative designs in denim created by local designer students. In the 5th edition ‘Denim In Fashion,’ as well, young talent will be encouraged to showcase their creations. This time the theme is different, so they expect much more surprising and creative designs from the Bangladeshi fashion students. There is lot more for students, as the selected garments would be showcased by the models in the fashion show ‘Fashionim’.
An event for the international fashion calendar
Last editions of the show were appreciated by visitors worldwide with even the ‘godfather of denim’ Adriano Goldschmied (founder of Diesel) visiting and commenting that the show was much better than expected. All these developments lend credence to the idea of denim quickly capturing space as ‘fashion clothing.’ Perhaps this prompted Denimsandjeans.com to choose ‘Denim In Fashion’ as the theme for the 5th edition.
More than 1,700 visitors from the top global brands/retailers including G-Star, C&A, Celio, Carrefour, Uniqlo, Camieu, GAP, Gloria Jeans, H&M, Levi’s, Li and Fung, M&S, Otto , besides local factories, buying houses etc. extended their support to this exhibition and made it successful. The two-day program comprised of a series of events, sessions and seminars.
The 5th edition has already created the buzz internationally and Bangladesh is ready to host another successful session of this denim show.
