FW
For the larger benefit of the Indian textile sector under the new GST regimethe Federation of Gujarat Weavers Welfare Association (FOGWWA) has demanded that the central government should implement fiber policy for all types of fibers to attract the same duty.
A memorandum was submitted by FOGWWA to district collector Mahendra Patel on Friday with a slew of demands, including implementation of fiber policy, refund of accumulated GST credit, no GST on all types of job work required to manufacture grey fabric by the powerloom weavers, lowering GST on yarn at 5 per cent or 12 per cent and imposing extra duty on the imported fabrics.
FOGWWA office-bearers says that the inverted duty structure will increase the cost of fabric. The weaving job-work is done by the small units. Around 70 per cent of the units in the decentralized textile sector are working on job-work. The 18 per cent GST on job-work will force the small units to down the shutters as the cost of fabric will increase compared to the fabric manufactured in composite units.A huge number of powerloom units are engaged in job-work, there will be high job losses in the industry.
President of FOGWWA, Ashok Jirawala states that they are not opposed to GST, but there is a need of simplification of the tax in the sector. According to him there should be a uniform duty in the textile and the government should not treat the MMF sector as a step baby. Jariwala further added, that they will be visiting Gandhinagar on Tuesday to seek support from the opposition parties to help the MMF sector. With just few days to go, the sector needs clarity on the GST rates. The industry can't survive with 18 per cent and 5 per cent rates.
Cone Denim is excited to celebrate the 10-year anniversary of its revolutionary S GENE technology, developed and first introduced by Cone Denim in 2007. The advancement of this performance technology has included Level II S GENE introduced in 2015 and the latest and most advanced power stretch denim incorporating S GENE yarns introduced this year, representing the latest evolution of the S GENE dual-core stretch yarn technology.
S GENE and denim fabrics feature exceptional stretch and recovery performance along with the added benefit of increased strength. Additionally, the polyester component of the newest S GENE and yarns is 100 per cent recycled, making for the most sustainable superior stretch Cone Denim fabric yet. S GENE innovation was the first of its kind, originally introducing S GENE denim fabrics in 2007. S GENE yarn with dual core technology is designed to provide superior stretch and recovery.
“This year we are launching S GENE+ in celebration of the technology’s 10-year anniversary. This newest stretch innovation brings sustainability to stretch. We are committed to developing S GENE denims using 100 per cent recycled polyester content, offering a new level of eco-conscious denim to the marketplace” said company’s spokes person.
Other S GENE innovations include CONEFLEXTM denim utilizing S GENE technology. These denims feature stretch yarns in the warp and the weft providing 360-degree, four-way advanced stretch. CONEFLEX fabrics have low shrinkage, excellent recovery and give garments better shape retention across multiple fits, all with the authentic look and feel of traditional 100% cotton denim.
"The nonwoven industry is on a sustained growth momentum since last four decades and is a key constituent of the man-made fibre market. European Disposables and Nonwovens Association (EDANA), the international association, most recent summary of its annual statistic shows that, the overall production of nonwovens in Greater Europe grew by 3.3 per cent per cent in volume in 2016 to reach 2,395,098 tonnes despite an uncertain economic climate. EDANA has also previously estimated that the production of nonwovens in Greater Europe represents approximately 25 per cent of the worldwide market in 2014."
The nonwoven industry is on a sustained growth momentum since last four decades and is a key constituent of the man-made fibre market. European Disposables and Nonwovens Association (EDANA), the international association, most recent summary of its annual statistic shows that, the overall production of nonwovens in Greater Europe grew by 3.3 per cent per cent in volume in 2016 to reach 2,395,098 tonnes despite an uncertain economic climate. EDANA has also previously estimated that the production of nonwovens in Greater Europe represents approximately 25 per cent of the worldwide market in 2014.
Asian nonwoven market
Until the last decade, the nonwoven industry was primarily based in Europe, North America, and Japan. Now, nonwovens are produced on thousands of lines around the world. The nonwoven industry is now truly global and Asia is now the dominant nonwoven producing region, accounting for 42 percent of the world’s production in 2014. China accounts for a significant proportion (66 per cent) of the Asia volume and is now the most important nonwovens producer worldwide with production volume in 2014 estimated at 2.4 million tonnes and increasing gradually.
Nonwoven market in India
India’s nonwoven market is growing at a rate of 8-10 per cent. However, in the coming years, the continuous growth of India’s GDP, increasing purchasing power and India’s initiative in the economic development will give a boost to this field, and it is assumed that it would achieve a growth rate of 12-15 per cent. Now, the production of nonwoven in India is touching 190,000 tonnes. As per the expert report, the per capita nonwoven fabric consumption in India was 155 gm, which nearly reached to 350 gm by 2015 and likely to be 600 gm by 2020.
Bangladesh gaining stronghold
Currently, Bangladesh is rising as a significant player in nonwoven industry as it is being considered that the market is offering huge opportunities, which is a welcome sign for the nonwoven industry in Bangladesh. But against this large demand, there are only a few manufacturers who are producing nonwoven products. Hence, this large market is controlled by little number of countries. In that case, Bangladesh has large opportunity to capture this huge market by establishing a significant number of nonwoven fabric industries in Bangladesh.
The future
The global nonwovens market will grow to be worth $50.8 billion in 2020, up from a value of $37.4 billion in 2015, according to the latest exclusive research from Smithers Pira. Data shows that global consumption in 2015 was 9.0 million tonnes and this will increase at annual rate of 6.2 per cent and 7.2 per cent respectively over the next few years with consumption scheduled to reach 12.1 million tonnes in 2020.
Globalisation will accelerate over the next decade, and global economic power will likely to shift eastward. Europe, Japan, and the US will experience a relatively slow growth, while Asian economies grow faster. Besides the global markets, low and middle-income countries are becoming the world’s largest consumer markets, the demand will likely to increase for all nonwoven products. One can expect a boom in construction nonwovens, as well as further growth of low-impact consumer and hygiene products.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has extended support for the revival of Pakistan’s textile industry. The federation has also appealed for government support for the development of the textile industry. More than 60 per cent of the country’s exports constitute textile products, which contribute majorly to revenue generation.
FPCCI also raised concerns over the protests held by textile trade bodies. Opposition through protest will affect the working of the industry and will also affect the economy of the country, says FPCCI.
The textile industry contributes around eight per cent to the GDP, employs about 40 per cent of the industrial labor force of Pakistan.
For efficient functioning of Pakistan’s textile industry, FPCCI has asked the government to release the pending finances. The export incentive package announced by the prime minister in January this year should be implemented at the earliest, it says.
It has appealed to the government to withdraw the levy of Rs 3.63 per kwh surcharge in electricity bills and reduce textile related imports from China to prevent the textile industry from totally collapsing.
The Federation of Pakistan Chambers of Commerce and Industry is the apex body of trade and industry in Pakistan and the chief representative of the private sector in Pakistan.
Michael Kors will close 100 to 125 stores, joining a growing list of retailers who are shutting brick-and-mortar outlets as e-commerce grabs more market share. For the fourth quarter total revenue slumped 11.2 per cent.
US based Kors is a global handbag and apparel empire. Synonymous with luxury style and effortless polish, Michael Kors has a sophisticated, jet-set aesthetic.
Known for his laidback, luxurious, wearable and quintessentially American silhouette, designer Michael Kors started his label in 1981 and has dressed Hollywood actresses, music superstars and first ladies. Among them is Melania Trump. While some prominent designers have refused to dress her in opposition to her husband’s politics, Kors said the Slovenian-born former model had attended his runway shows in the past.
The label offers clothing, shoes, bags, jewelry, accessories, sunglasses and watches. Men can choose from tailored shirts, sweaters, vests, jackets, pants, wallets, card cases, messengers and totes.
For women there are fit and flare, sheath, or shift dresses, platforms, heels, wedges, clutches, earrings, bracelets, rings, necklaces. The shoes are polished and can be worn with skirts, pants, jeans.
Michael Kors menswear was launched in 2002, and two other lines, Michael and Kors, are now produced, offering a more affordable fashion collection as well as shoes and jeans.
Louis Vuitton may open a factory in the US. Manufacturing in the US may prove to be beneficial for Louis Vuitton, when considering that the US accounted for over a quarter of the world’s luxury goods market sales in 2016.
The LVMH-owned brand also has plans to open a new production center in France and expand its infrastructure in Portugal. By 2020, 70 per cent of the tanneries LVMH sources from will be Leather Working Group certified. The aim is to make that 100 per cent by 2025.
For the past year, Louis Vuitton has been using salpa, a type of reconstituted leather, to produce some of the models for its leather goods products, which enables it to avoid using real leather.
The group uses leather offcuts to reduce waste. The group is working on eliminating chemical substances that are not compliant with the LVMH restricted substance list by specifically targeting hexavalent chromium in its leathers. Exotic leathers, including crocodile leathers, are also the subject of particular attention. LVMH owns an exotic leather tannery and several crocodile farms.
LVMH sales increased five per cent in 2016 and sales exceeded expectations in the first quarter of 2017. Louis Vuitton, in particular, has the fashion world's attention, with close to 20 million Instagram followers.
Liberty is relaunching its menswear department in August and is introducing more than 20 new brands. Liberty is a department store in London. The menswear space on the lower ground floor is modeled on an eclectic home and features rooms that are centered around fireplaces and decorated with art. Textile designs from the print archive will be used on tapestries and drapes to create a Liberty London atmosphere.
A previously unused staircase has been reinstated to create a smooth customer journey directly into the menswear department from the store’s entrance. Original paneling and beams will also be restored.
A new grooming service will also be introduced, providing razor shaves, beard and skin consultations and haircuts. Accessories will be displayed in large uncased vintage cabinets. Finishes in the shoe department will include charred timber panels, tapestries and printed drapes, and the product will be displayed on circular green glass tables.
The space will house a refreshed denim department, offering styles from denim brands including Edwin and Acne Studios. There will also be a new Japanese area hosting cult brands such as Fabric, FDMTL, and Kapital. New Parisian labels Harmony and Études will also be added to the department store’s contemporary offering.
Swimwear is an outfit designed for the people engaged in a water-based activity or water sports such as swimming, surfing, water skiing, or other activities such as sunbathing. Swim suits can also be worn as the undergarment in specific sports. In a similar way, beachwear is the apparels used for wearing at a beach, particularly metropolitan beach. It is a subtype of swimwear-based outfits.
The global swimwear and beachwear market is majorly segmented for product type, as casual clothing, swimwear, beach wear, swim trunks, rash guards, wet suits, racing suits, briefs, board shots, and speedos.
Expansion of beauty and spa industries is also boosting the swimwear and beachwear market growth to some extent. The demand of swimwear such as shorts and boards shots have increased significantly, increasing participation in water features and popularity of beachwear accessories are some of the factors influencing the growth of the global market.
Europe and the United States are anticipated to be the largest players in the global swimwear and beachwear market. In addition, Asian countries such as China are expected to experience rapid growth in the near future. However, few factors such as social, religious, and cultural protocols in some parts around the globe may hinder the overall market growth of swimwear and beachwear market in future.
The European Apparel and Textile Confederation, Euratex, has warned against a hard Brexit, suggesting it is in the common interest of the UK and the EU27 industries to push for a smooth Brexit, thus enabling the current highly integrated supply chains to keep on working smoothly from fibers to end products.
Euratex says divergences in the regulatory legislation of the EU and UK would create trade barriers, result in high additional costs for consumers, would have a very serious impact on the industries of both sides given the comparably high import tariffs that would apply in the textile and clothing sector.
It says a future comprehensive EU27-UK trade and investment agreement should consider the already existing close economic relationship between the European textile and clothing industries and that a transitional arrangement should cover suspension of customs duties and all legal and regulatory areas with relevance for the textile and clothing industry.
The EU28 textile and clothing industry remains a significant industry within the EU, despite considerable outsourcing to southeast Asia over the past two decades. European textile and clothing companies are globally leading, regarding technical textiles, sophisticated high-quality yarns and fibers, and high-end apparel goods.
The UK lies in third place for the EU27's most important trade partners in textile and clothing goods.
Recently at Loughborough University Cotton USA has announced the successful close to its first innovation competition in the UK, in partnership with the textiles innovation and design school. The competition was meant to provide opportunity for students to work innovatively with high-quality US cotton fabrics.
Running in partnership with the university’s Textiles: Innovation and Design programme, which was recently rated the leading university for fashion and textiles in the Guardian University Guide 2018 for the third time in four years, the competition worked with second year students who specialised in both textiles and fabrics.
The competition gave them guidance on how to develop new and innovative ways of working with US cotton, while encouraging them to be as creative as possible within an allocated budget. After six weeks of exemplary work, Cotton USA announced the winner of the Innovation Competition as Lucy Dennis, and the three runners-up as Emily Brennan, Alice Charter and Sophie Tresadern.
The winning submissions were judged and announced by a panel of experts from Cotton USA and Loughborough University at a special ceremony. In addition to the support provided by Cotton USA throughout the competition, it will continue to work with the winner and runners-up to promote their talents to a network of professionals across the industry. The competition has given all participants a number of opportunities to demonstrate their technical knowledge, while also elevating the profile of their creative designs.
Kerry Walton, programme director of textiles: innovation and design at Loughborough University says that the company is delighted to have worked with Cotton USA on the innovation competition and is committed to providing the students with the right opportunities to help them thrive, and outstanding, relevant insight into the world of contemporary textiles.
Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching and strong links with industry. It has been awarded five stars in the independent QS Stars University rating scheme, putting it among the best universities in the world.
