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Leading international trade fair for the processing textile and flexible materials, Texprocess will showcase the latest innovations and advancements in the segment.
The fair will hold its 2024 edition rom April 23-26 in Frankfurt, Germany. It will be attended by exhibitors from 40 countries who will present their latest machinery, equipment, technologies and services as well as IT and logistics solutions.
Along with the German Machinery and Equipment Manufacturers Association (VDMA), Texprocess will be co-sponsored by the VDMA Textile Care, Fabric and Leather Technology Association.
The trade show will be attended by participants from the apparel industry; wholesale/retail sector; processors of textile and flexible materials; manufacturers of functional apparel, sports goods and outdoor equipment; manufacturers from the automotive, aerospace and aviation industries; manufacturers of household and home textiles, filters and packaging; manufacturers from the leather industry; service sector and skilled trades; and science and education.
Various product groups to be presented at the fair include design, product development, automation technology; cutting, making, trimming section showcasing equipment, machinery and processes for cutting out, separating, straightening, die-cutting, inserting and pre-assembly; cutting room and automation technology, fusing, setting and manufacturing preparation; textile machinery, textile finishing, knitting technology, embroidery technology, stitching, joining and fastening technology, technical accessories for apparel; energy, air-conditioning, disposal and recycling; quality assurance, internal material flow, textile logistics, information technology, services, consultancy and training, research, development and education.
International trade fair for technical textiles and nonwovens, Techtextil will be held concurrently to Texprocess from April 23-26, 2024.
Data published by Confindustria Moda shows, sales in the Italian fashion sector grew by 3.2 per cent to €111.7 billion in 2023. Fashion sales grew in value terms during the year while their volumes contracted for the first time since the pandemic.
Profit margins in the sector also dwindled during the year as energy and raw material costs rose. Ongoing changes in terms of geopolitical balances affected the Italian fashion, textile and accessories sector during the year, says Ercole Botto Poala, President, Confindustria Moda.
Rising production costs triggered uncertainty in the sector that had shown great resilience in the past few years. The sector needs to collaborate and work as a system, to help industries having the same needs, Poala adds.
Italy’s apparel exports grew by 5.1 per cent in the first eight months of the year with international sales totaling €54.5 billion. Almost 47 per cent of Italy’s apparel exports are directed to the EU. China’s apparel imports from Italy increased by 5 per cent during the year.
The winter themed editions of business to customer fashion and lifestyle exhibition Fashionista will be held in January this year in Raipur, Bilaspur, and Nagpur. Focusing on womenswear, the exhibitions will help desi brands connect with premium shoppers.
The first of these shopping fairs will be held from Jan 12 -14, 2024 at Hotel Sayaji in Raipur. Featuring both traditional and fusion wear, the event will also showcase fashion accessories, jewelry, handbags, gift items, and handicraft goods, etc
The second event will be held from Jan 16-17, 2024 at HoteL Marriott in Bilaspur. The products displayed at this shopping fair will be similar to those displayed in the Raipur edition and feature numerous local brands.
Fashionista will organise the third event from January 19 to 21 in Nagpur. The fair will focus on non-metro locations to link brands with shoppers to raise brand awareness and enable shoppers to experiment with new styles.
Launched in 2008, Fashionista Fashion and Lifestyle Exhibitions organises events across India. The business also holds Fashionavya fairs which focus on upmarket labels.
In the intricate world of global textiles, 2023 unfolded as a dynamic tapestry with both exports and imports undergoing significant shifts. This comprehensive overview explores the top gainers and losers in textile exports and imports, unveiling the forces that shaped this transformative year for the industry.
A global shift in textile exports in 2023
Top gainers
1. Vietnam: The undisputed champion, Vietnam, wove a 10% export increase in 2023. A skilled workforce, robust infrastructure, and strategic trade deals solidified its position as the textile titan.
2. India: Making a comeback, India witnessed a remarkable 7% surge in textile exports. Government initiatives, improved quality, and diversification into high-value products revitalized the Indian thread industry.
3. Indonesia: Stepping into the spotlight, Indonesia saw a delightful 9% export rise, propelled by competitive prices, technological investments, and sustainable production.
Top losers
1. China: The long-reigning textile king faced a 3% downfall in 2023 due to rising labor costs, environmental concerns, and fierce Southeast Asian competition.
2. Turkey: Economic headwinds caused Turkey's textile exports to dip by 5%, impacted by inflation, currency fluctuations, and regional instability.
3. Pakistan: Political uncertainty and supply chain disruptions led to a 7% drop in Pakistan's textile exports despite a skilled workforce and competitive prices.
The Fabric of Change: Several factors interlaced to reshape the global textile export landscape, including shifting consumer preferences, geopolitical tensions, and technological advancements. The future promises an intricate weave with sustainability, ethical production, and technological innovation determining success in the competitive fabric.
Global textile imports see surprises and stretches in 2023
Top winners
1. United States: The fashion-hungry US remained the textile import kingpin with a steady 3% increase in 2023, driven by a diverse consumer base and competitive global prices.
2. European Union: Europe's fashion capitals witnessed a surprising 8% import rise, emphasizing niche textiles, innovative materials, and strategic trade deals.
3. Japan: Seeking quality and functionality, Japan's textile imports jumped 6%, driven by a preference for high-performance fabrics and sustainable fibers.
Top Losers
1. China: The global manufacturing powerhouse saw a 5% dip in textile imports due to domestic production emphasis and self-sufficiency goals.
2. Brazil: Economic struggles led to a 7% shrinkage in Brazil's textile imports, influenced by currency fluctuations and rising domestic costs.
3. Russia: Geopolitical tensions and sanctions caused a 12% plummet in Russia's textile imports, triggering diversification towards alternative suppliers.
The Threads of Change: Shifting consumer habits, trade dynamics, and economic considerations played a role in reshaping global textile imports. The future promises an intricate tapestry, influenced by rising environmental concerns, technological advancements, and evolving consumer preferences.
As the needle of change threads through the global textile industry, the coming years will be a fascinating narrative to observe, with new patterns emerging, creating a dynamic and interconnected world of textiles.
In the quaint town of Aidenbach, nestled in the Passau district, Astrifa GmbH seamlessly blends centuries-old craftsmanship with modern digitalization in the production of its iconic traditional clothing. Specializing in knitted jackets, pullovers, hats, and scarves inspired by traditional costume styles, Astrifa's commitment to preserving heritage is evident, even in its ultra-modern production facilities.
Astrifa, founded in 1948, boasts a workforce of 70 employees who meticulously craft around 700 items weekly from the finest merino wool sourced from England. The company's reliance on STOLL machines, including the latest ADF and CMS series, signifies a harmonious marriage of tradition and technology. The partnership with STOLL, dating back to the company's inception, is attributed to the unwavering comprehensive support provided.
At the heart of Astrifa's innovative production lies CREATE PLUS, a software revolutionizing the programming of STOLL flat knitting machines. Werner Wohlfahrt, the knitting line manager, highlights the software's prowess in combining advanced programming capabilities with user-friendly interfaces. Despite not fully transitioning due to existing machinery, Wohlfahrt utilizes CREATE PLUS extensively on newer machines for pattern creation, emphasizing its success.
In an exclusive interview with Wolfram Geuppert of KARL MAYER STOLL Textilmaschinenfabrik GmbH, Wohlfahrt expresses optimism about CREATE PLUS's continuous development. He envisions an ongoing dialogue between the manufacturer and users, paving the way for further advancements in this symbiotic blend of tradition and digital innovation.
The Union government plans to double cotton production to 30 quintal per acre by shifting cotton cultivation from disease-infested fields to disease-free cultivatable and irrigated areas within Haryana, Rajasthan, Punjab, Maharashtra, and Telangana.
India’s cotton production declined to 31.6 million bales in 2023-24 from 33.6 million bales in 2022-23. Cotton production in the country has been on a decline in recent years, data from the Textile Ministry shows.
From 37 million bales in 2017-18 production declined to 33.3 million bales in 2018-19. After growing to 36.5 million bales in 2019-20, it again it slipped to 35.2 million bales in 2020-21 and 31.1 million in 2021-22.
In Haryana and Punjab, the area under cotton cultivation declined to 1 million bales in 2022-23 from 2.65 million bales in 2019-20. Similarly, cotton production in Punjab declined to 4.44 lakh bales in 2022-23 from 9.50 lakh bales in 2019-20.
Cambodia’s exports of garments, footwear and light manufacturing products to the US declined by 0.89 per cent to $8,144 million during the first eleven months of 2023as compared to the same period in 2022, a report from the Ministry of Commerce shows.
The country’s shipments to the US accounted for 38.25 per cent of the total export volume of $21,292 million in the January-November period. Cambodia exports products such as garments, footwear and light manufacturing products to the US with tariff under the Most Favored Nation (MFN) treatment.
The main products exported by the country to the US include apparel, clothing accessories, leather, travel goods, handbags, electrical machinery and equipment, and footwear.
The country continues to be the biggest export market for Cambodia, says Hor Sereyvath, Chairman, Innovations and Development Investors Association.
The trade preferences for both GSP and MFN have boosted Cambodia’s exports to the US, adds Penn Sovicheat, Secretary of State, Ministry of Commerce.
Stella McCartney’s revenues surged by 23 per cent to over £40 million in FY’23 from £32.5 million in FY’22. Profit sharing with Stella McCartney Italia SRL amounted to £22.8 million, which comprised 57 per cent. The brand’s physical store sales rose by 18 per cent to £6.3 million.
The brand’s operating loss shrank to £8.76 million from £30.3 million as gross margin improved significantly and operating expenses shrank by 17 per cent. The brand’s pre-tax and net losses also reduced to £10 million compared to £32.7 million a year earlier.
During the year, the brand also renewed its long-standing collaboration with Adidas and launched a new skincare range in August.
The business didn't open any new stores during the year, with the total number of directly operated locations remaining at just two. However, it focused on “like-for-like business and local initiatives besides upgrading online customer experience.
Malls in Kolkata registered record footfalls in 2023. Sales in the year remained slightly tempered but surged above pre-pandemic levels of 2019.
Sales at the Acropolis mall broke all records to generate the highest revenue in 2023, said K Vijayan, General Manager. Footfalls increased by 15 per cent over last year while sales turnover surged y 20 per cent.
This growth could be attributed to the growth of mall tourism, catalysed by various initiatives by mall operators to whip up excitement among children and youth, adds K Vijayan.
Footfalls at the twin City Centres remained 12 per cent-14 per cent higher than in 2022. But, these did not translate to higher revenues as footfalls at these malls are primarily driven by cine-goers who did not go shopping, observed Ramesh Pandey, Wholetime Director, Ambuja Neotia, the manager of City Centre malls at Salt Lake and New Town.
The South City mall witnessed a surge in footfalls but a decline in revenues over the previous year, according Manmohan Bagree, Vice President, South City Mall.
Footfalls and sales at Quest also declined by 10 per cent from last year’s figures. However, the mall is currently under renovation leaving sales at stores disrupted. The brand closed last year on a very strong note, says Sanjeev Mehta,Vice-President, Quest.
The silver jubilee edition of Bangalore Fashion Week will be held from March 7 to 10, 2024 and present an array of local designers. An international edition of the runway show will also be held in London.
The 25th edition of Bangalore Fashion Week will facilitate connections between fashion designers and trade buyers from both India and abroad. Focusing on premium designers in both the western and traditional wear segments, the event will present collections for the summer season.
Scheduled to be held at The Oterra, he event will host runway shows, an experience zone, workshops, and seminars as well as after parties. The event will be organised by events management business Dream Merchants.
The 24th edition of the Bangalore Fashion Week was held in September 2023 in partnership with Wear Style at The Oterra. The runway show was produced by Dream Merchants. The event also taps foreign buyers with international editions in Bangkok, Thailand and Dubai.
