FW
"Cotton has predominantly been a volatile commodity and depends on many natural factors. It does impact on imports of yarn in China, yet niche buyers are always on buying table for good quality yarns and here Indorama has been having edge. Chinese knitting companies are large in size and look for big volumes of consistent quality. “Apart from huge local base, they look for Imports as well and demand has been fairly consistent from quality buyers."
Cotton has predominantly been a volatile commodity and depends on many natural factors. It does impact on imports of yarn in China, yet niche buyers are always on buying table for good quality yarns and here Indorama has been having edge. Chinese knitting companies are large in size and look for big volumes of consistent quality. “Apart from huge local base, they look for Imports as well and demand has been fairly consistent from quality buyers. Cotton seems to be going strong for the 2017-18 period and with depleting cotton stock in, the world is looking at China increasing its buying and expecting spike in cotton buying and interest from Hedge funds who are unfortunately controlling the commodity prices,” says Anil Tibrewal, PT Indorama Synthetics, Indonesia.
Global cotton outlook
With an increase in spindles in Xi’an and India, yarn production is increasing and so is demand. “At the end of the day, everything depends on fashion and final garment price. If brands decide to increase garment prices, threat from polyester which is all time low, may intervene and check. Bangladesh, China, Turkey and Egypt remain the largest markets for cotton yarn and readymade garments,” he says. Production base in Bangladesh is ever increasing backed by very low power and labour cost and availability of yarn locally.
China has many alternatives to India and Vietnam. “Duty free agreement will hurt Indian exports to China but domestic competition in India is hurting more than outside. Mere dependency on government subsidies to survive in cotton business needs to be checked with better infrastructure/port facilities, which I feel will improve in coming days after demonetization,” Tibrewal opines.
He says, TPP is important globally and its actual impacts are yet to be seen. “I am seeing positive factors as TPP could have been disastrous to textiles. Increased manufacturing in US with higher buying power may give a boost to overall textile trade. Manufacturing cost in textiles in US is not going to be cheaper either. They might still continue importing from across the border despite failed TPP and NAFTA as the cost of imports after adding the 20-25 per cent duty is still cheaper than local buying. Americans are used to larger margind contrary to Asians and would like to encash on this opportunity for quicker deliveries,” believes Tibrewal.
Promising prospects
Indorama is optimistic about the current situation of cotton business in China. In 2017, the trend is tilting towards cotton and cotton blended based products. Consumption is increasing and demand for good quality cotton yarn is on an upswing in China. “We are enjoying good buyer base in China. We are specialised with large production of 100 per cent combed compact contamination-free cotton yarns from Indonesia apart from virgin cotton open end yarns suitable for knitting. Above two products are not easily available and buyers are relishing the kind of quality we are shipping,” Tibrewal sums up.
"The second day of Mercedes-Benz Fashion Week Russia was opened with the show of KOMOD. Alain Nega presented her collection “Living In a Dream” giving the sense of tranquility and winging. Asymmetric floor-length dresses, exposed shoulders and low-cut necklines, basques and zephyrian translucent textures – this line of images is accomplished in somber colors: classic black, medium grey, powdery color with attractive silver accents."
The second day of Mercedes-Benz Fashion Week Russia was opened with the show of KOMOD. Alain Nega presented her collection “Living In a Dream” giving the sense of tranquility and winging. Asymmetric floor-length dresses, exposed shoulders and low-cut necklines, basques and zephyrian translucent textures – this line of images is accomplished in somber colors: classic black, medium grey, powdery color with attractive silver accents. The evening gowns from "Flying Butterfly Collection" by Anastasia Mishina were all covered with butterflies, a well-known symbol of rebirth, reincarnation and freedom. All dresses were made of pieces of fabric that smoothly transformed into peculiar trendy images.
Femininity, elegancy and pageantry – this is all about the collection by BLUE JASMINE. The dresses both in shape and color reminded of morning rosebuds. The tenderness of the gowns was emphasized by translucent sleeves and veiling cascade skirts that advantaged in contrast with asymmetric jackets and heavy flower-embroidered dress trains. Boys were offered checked slacks with single color shirts and hats.
The women’s collection BGN styled by Alexandr Rogov is non-pretentious casual in restrained colors, without eye-catching or loud accessories. The collection included both formal images and cocktail and promenade gowns. Girls choosing BGN parlays individuality and comfort.
Fall/Winter 2017/18 by IVANOVA “The Lady / The Hooligan” embodies the ambiguity of the modern woman’s nature. The designer gallantly experiments with shapes and textures, and plays with various fabrics – moreen, tweed, knitted jersey and silk are used to create elegant shapes retaining the illusion of softness and lightness. The designer uses neutral shades of gray with some pink and jade.
The brand of wedding dresses Speranza Couture by NADEZDA YUSUPOVA presented transparent zephyrian dresses embroidered with crystals and laced flakes. This time the designer turned to tales of the East. She chose the shades of precious stones to color her collection up – amethysts, topazes, sapphires, morganites and diamonds. All the lines are traced with so much love to a woman’s body and the charming effect it provides on her chosen one. Low-cut necklines beautifully emphasize back and decolette zones, and trumpet skirts accent thighs and slim wastes. The ensemble is completed with luxurous embroidered trains. Novel and up-to-date images carry on the subject of eternal charm of love that inspires Nadezda.
Ksenia Knyazeva was inspired by female omnitude. The hero of her collection, Jeanne d’Arc, embodied fragility and belligerency, transparency and enigma. This combination was presented in minimalistic slim-fit dresses, sweatshirts and wrapper coats finished with feathers and decorated with embroidered roosters. Formal long vests and culotte’s ensembles were attenuated with scandalous shirts, sword-knots, lacing and fishnet tights, adding some Gothics into the image. The Medieval theme was supported by aquarelle floral elements reminding of tinted glass.
Julia Dalakian presented her magical collection hypnotizing with its modest shimmering radiance. Deep copper and radiant metallic were complemented with paillettes and insolent inclusions like chains or fur bracelets emphasizing the model’s fragile vulnerability. There were also asymmetry, translucent and velvet fabrics and provocative bold cuts.
Consistent elegance expressed with simplicity and accuracy was the feature of the show by ISABEL GARCIA. This collection was a true berry cocktail. It started with embroidered rowanberries on formal suits and was followed by cranberry romantic A-line chiffon dresses. The final accord were clingy blackberry milk dresses and streamy skirts with cascade flounces.
All the collection by Bella Potemkina was made of Kanecaron modacrylic fibers that are used to make high quality eco-fur. The colors were bright and various – fuchsia and purple accompanied classic black and white, and the brand hero was bold, brave and ready to experiment. All images demonstrated deliberate negligence, easiness, sexuality and gloss. Cut-offs, bodysuits, over-knee boots, enameled leather, paillettes and double-breasted dresses – no superstitions, only bold visualization.
During Kazakhstan Fashion Week four brands presented their collections. The show started with evening gowns by AELITA. Besides relevant powdery, classic black and white colors there was languid raspberry. Multilayer flounces, trumpet and veiling skirts were a tribute to tendencies, whereas the brand surprised the audience with the variety of sleeve models and stunning corsets.
Minimalism, comfort and color coding are three pillars supporting the philosophy of DiSiitova. Pastel and sandy shades contrasted black and dark blue denim. Regular and pinafore dresses, overcoats and waist bags added new colorful layers and made complicated ensembles of simple elements. To go out in the evening the designer offered paillette dresses with slashed sleeves.
The collection by LIBАS Atelier celebrated youth and feminine charm. Fine organza dresses were covered with multiple flounces and drapes transforming into flowers and bouquets. The color palette repeated the ambience: brightness of fresh greens, transparency of brooks, first twilight shades.
ZHEREBTSOV presented bright street-style images, both brutal and dramatic. Metal was the main motive – clutch bags had chain handles, large studs decorated coat sleeves, shorts and knee-high socks. Metal elements contrasted red checked fabric and tie-dye denim. The designer used the classic epatage approaches like enlarged shoulders, guys dressed in fur coats and yellow shirts, zebrine trouser stripes.
In the presentation corner F.GENE, the St. Petersburg brand, demonstrated its hand-made eco-leather bags for tablets and notebooks. Light backpacks, shoulder bags and clutch bags were decorated with animalistic and geometric prints. In the brand’s Web-site the designer offers to make a personalized bag online – you can choose the length of handles, the color, the shape and the decorations.
"The global apparel fabrics and accessories industry is gathering in Shanghai on Wednesday for the Intertextile Shanghai Apparel Fabrics-Spring Edition 2017. The world’s largest trade event for the spring/summer season will host over 3,300 exhibitors from 26 countries and regions in seven halls of the National Exhibition and Convention Center until Friday. Intertextile Shanghai Apparel Fabrics-Spring Edition 2017 is co-organised by Messe Frankfurt (HK); the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Centre."
The global apparel fabrics and accessories industry is gathering in Shanghai on Wednesday for the Intertextile Shanghai Apparel Fabrics-Spring Edition 2017. The world’s largest trade event for the spring/summer season will host over 3,300 exhibitors from 26 countries and regions in seven halls of the National Exhibition and Convention Center until Friday. Intertextile Shanghai Apparel Fabrics-Spring Edition 2017 is co-organised by Messe Frankfurt (HK); the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Centre.
“With 2016 a challenging year for some in the industry, we found this fair became even more important for our international exhibitors and buyers as a key meeting place where business was still being conducted,” explains Wendy Wen, Senior General Manager, Messe Frankfurt (HK) and adds, “After strong growth in recent years, the current scale and quality of the fair, particularly with the industry-leading brands that both exhibit and source here, now makes this event an unrivalled business platform for the global industry to connect with the Chinese market, and vice versa.”
Major Attractions: International, Chinese pavilions, product zones
The quality of the fair’s offerings is widely evident in the International Hall (hall 5.2). The SalonEurope section will once again house the Milano Unica Pavilion, as well as the France and Germany Zones. In addition, Asian Pavilions from India, Japan, Korea, Pakistan and Taiwan, and Group Pavilions by Dyetec, Convergence Institute of Natural Materials and Lenzing feature alongside individual exhibitors from numerous countries.
To ensure ease of sourcing for buyers and increased exposure for exhibitors, key product groups are located in distinctive zones. In the International Hall, All About Sustainability, Functional Lab, Premium Wool Zone and Verve for Design feature the latest products, technologies and trends in these respective sectors, while Beyond Denim and Accessories Vision are in halls 6.2 and 8.1, respectively. Chinese exhibitors are grouped by product end-use in halls 6.1, 6.2, 7.1, 7.2, 8.1 and 8.2, with a number of regional and association pavilions also featuring throughout these halls.
Fringe Programs
Adding to the product diversity is the fair’s fringe programs, which feature a range of seminars and panel discussions along with four S/S 2018 trend forums: the Intertextile Directions Trend Forum (hall 5.2) and three Fabrics China Trend Forums for Fashion Focus (hall 7.2), suiting (hall 6.1) and ladieswear (hall 8.2). As well as Intertextile Shanghai Apparel Fabrics, four other textile fairs are also held concurrently at the National Exhibition and Convention Center: Yarn Expo Spring (hall 5.1), Intertextile Shanghai Home Textiles – Spring Edition (hall 4.2), CHIC (halls 1, 2, 3 & 4.1) and PH Value (hall 3).
Intertextile Shanghai Home Textiles-Spring Edition 2017
This fair is also happening concurrently at the National Exhibition and Convention Center (Shanghai) from March 15 to 17. Around 200 domestic and international exhibitors come together at hall 4.2 to showcase an impressive selection of finished products. These include: bedding, duvets, pillows, towelling, carpets, rugs and many more. Wen says, the success of last year’s Spring Edition proved their decision to recommence the fair was right, and demand in China for finished products at this time of the year grown. She expects the fair to be a great success this time round. Among the major highlights are the top industry leaders such as as Anhui Honren, Asahi Kasei, Cotton Council International, Zhejiang Hexin Holding, Jaspa Herington, Jiangyin Hongliu, Jihua 3542, Jinbaili, Lenzing AG among others exhibiting at the fair. Nine pavilions including one India and eight Chinese regional pavilions will exhibit their specialized products. Seven themes zones have been lined for different sourcing needs and to increase the business effectiveness of the fair. These include bedding and Interior Decoration Products Zone, Brand Bedding Products Zone, Towel Products Zone, Machinery Equipment Zone, Upholstery Fabrics Zone, Finished Curtains Zone and Designers’ Studio will host top suppliers of those sectors. Along with sourcing zones, the fair will host a Tmall to create valuable learning platform for the industry. Leading exhibitors will conduct a series of seminars to help educate the industry on latest consumer trends and product buying habits.
Korea is investing in Vietnam’s textile and garment industry in a big way. The move is to satisfy growing orders from US importers, mostly leading retailers such as Target, Walmart, Kohls, Kmart, Sears and Tesco. With more than 500 businesses based in Vietnam, and nearly $2 billion in total committed capital, Korean investment has helped bolster Vietnam’s textile and garment industry.
The Sea-A group has been operating in Vietnam for nearly six years and has a garment plant that turns out seven million products a year and has a workforce of 3,000. Korea is now Vietnam’s fourth largest export partner in terms of value, after the US, the EU and Japan.
Vietnam’s textile and garment exports to Korea have jumped sharply in recent years, from less than $300 million in 2009 to nearly $1.2 billion in 2013 and an estimated $750 million in the first five months of this year. This has given Vietnam’s textile and garments a 24.2 per cent market share in Korea, only behind China, with 43.2 per cent.
After the Asean-Korea free trade agreement Vietnam’s textile and garment industry saw significant growth. South Korea currently provides nearly 20 per cent of Vietnam’s textiles and with the large volume of ancillary materials it also exports.
At Technotex 2017, TTF will bring a delegation of eight of Taiwan’s top textile suppliers to ‘Taiwan Select’. Taiwan Select is being held by the Textile Export Promotion Project, commissioned by the Bureau of Foreign Trade. Taiwan Select will also provide sourcing support to buyers and manufacturers and provide industry information about Taiwan textile industry. The Taiwanese textile industry has developed environmentally-friendly concepts and done recycled polymer and polymer blends. From yarns for apparels to industrial and sport accessories, recycled yarns are growing in importance and are a core part of Taiwan’s textile industry.
Mixtures of new technologies and fashion allow new design elements that were hard to imagine in the past. Polymer based yarn developments in polyester, nylon, recycled and blended with natural fibers, lead the way. It is possible to have the look and feel of natural fiber fabrics with performance and flexibility of synthetics. Comfortable, breathable, wind and water resistant textiles are mixed and matched in breathtaking design elements. Odor control and a myriad of product enhancements allow new and innovative design directions bringing the consumer endless options.
The final piece of the Taiwan textile value equation is the vertical integration of many of its core textile suppliers into the finished garment business. Garments for yoga, outdoor, fleece and traditional woven apparel and knits of all types can be sourced directly with Taiwanese companies that have facilities in multiple international locations designed to deliver the quality and price needed. Taiwan brings a designed integrated flexibility in apparel from a group of innovative world class textile companies.
Sutlej Textiles and Industries clocked in a turnover of Rs 1,674 crores during the first nine months of the current financial year as compared to Rs 1,546 crores during the same period last year. Sutlej is into value-added dyed yarns and home textiles.
The company has undertaken an expansion project of 35,280 spindles for producing value-added cotton mélange and cotton blended dyed yarn. Sutlej will install 17 circular knitting machines by June next. Home textile capacity is being expanded to 9.6 million meters a year. An increased presence in the home textile segment will result in further strengthening Sutlej’s end-to-end operations – yarn to home textiles.
The company has also been continuously upgrading and modernizing its existing manufacturing facility. It has invested around Rs 49 crores during the first nine months of the current financial towards technology upgradation, debottlenecking etc. This will result in further improvement in efficiency and sustaining plant utilization.
The total spinning capacity of the company presently stands at 3,80,714 spindles. Sutlej has a strong global clientele and exports to more than 60 countries. The industry has seen a sharp increase in the cost of raw materials such as cotton and manmade fibers. Despite such adverse pressure on margins, Sutlej has been able to withstand the headwinds with full capacity utilization due to its diversified portfolio of value-added products.
For the quarter ended December 31, 2016, turnover for Nitin Spinners has gone up 30.34 per cent compared to the corresponding quarter of the previous year. Turnover for the nine months ended December 31, 2016, has increased by 12.43 per cent compared to the corresponding period in the previous year.
Nitin Spinners makes cotton yarn in single, multifold slub, compact, core spun and Elitwist yarns. The products are suitable for applications such as high value apparels and garments, undergarments, terry towels, denims, woven and medical fabrics, carpets, mattresses, stockings, furnishing fabrics and industrial fabrics.
The company caters to textile companies like Arvind, Raymonds, Alok, Bhaskar, Nandan, RSWM etc. About 65 per cent of the production goes to more than 50 countries across the globe including the US, Latin America, Middle East, Far East, European Union, Africa etc. The production capacity is 50,000 tons a year of cotton yarn and 8500 tons a year of knitted fabrics.
The company will be able to produce superfine compact premium yarns in the new facilities. During 2015-16, Nitin clocked a turnover of Rs 767 crores, out of which exports totaled Rs 531 crores. Operating profit before interest, depreciation and tax was Rs 137.76 crores and PAT was Rs 44.16 crores.
In financial year ’18, India’s share in the global textile and apparel trade could see an increase. This may happen given US’ exit from TPP and the likelihood of tax rationalisation under GST. Other helpful factors are strengthing of cotton production, cost and quality competitiveness due to increasing integrated fiber to apparel capabilities, the stimulus to exports, declining interest rates and a stable currency regime.
Meanwhile India’s exports of cotton yarn, both in terms of volume and value, dipped 11.6 per cent and 15.5 per cent during January to December 2016 compared to the corresponding period of the previous year. While December 2016 cotton yarn export volume grew 50.2 per cent, in value terms growth was only 20.1 per cent.
The drastic drop in the off take of cotton yarn by China has hurt Indian spinning industry. Inventory has been piling up and production in the powerloom, handloom and made-up sectors has come to a near halt.
The industry wants schemes like Merchandise Exports from India and Integrated Environmental Solutions to be extended for the benefit of cotton yarn as well. All other products in the textile value chain have been included in the list. It is felt that such extension to far-off destinations would help offset the high cost of transportation.
"Shanghai is ready to host the 2017 edition of Yarn Expo Spring from tomorrow. Expanding by nearly 20 per cent this year, the fair will occupy the entire hall 5.1 of the National Exhibition and Convention Center (Shanghai) to host over 390 suppliers from 12 countries and regions including China, Hong Kong, Japan, India, Indonesia, Korea, Pakistan, Singapore, Slovakia, Thailand, Uzbekistan and Vietnam."
Shanghai is ready to host the 2017 edition of Yarn Expo Spring from tomorrow. Expanding by nearly 20 per cent this year, the fair will occupy the entire hall 5.1 of the National Exhibition and Convention Center (Shanghai) to host over 390 suppliers from 12 countries and regions including China, Hong Kong, Japan, India, Indonesia, Korea, Pakistan, Singapore, Slovakia, Thailand, Uzbekistan and Vietnam.
Yarn Expo Spring will showcase some of the world’s highest quality yarn and fibre products, such as natural and blended yarns including cotton, wool, flax/ regenerated flax, silk, and man-made fibres and yarns, as well as specialty products including elastic, and fancy and blended yarns.
An all-encompassing product line-up awaits trade buyers
This year, the fair will once again cover a comprehensive range of high-quality sourcing options to accommodate the changing needs of the market. The overseas exhibitor line-up remains strong with 90 international suppliers taking part. While the India Pavilion, Pakistan Zone as well as leading exhibitors from Uzbekistan and Vietnam will showcase competitive cotton yarns, elastic yarns and eco-products, exhibitors from Indonesia, Japan, Korea, Slovakia and Thailand will impress buyers by exhibiting a series of cutting-edge fancy yarns, and synthetic, knitting and metallic fibres and yarns. What’s more, Birla Planet is returning to the fair to demonstrate its popular Birla Spunshades, Birla Micro-Viscose and Birla Micro Modal products.
The fair’s domestic offerings are not to be missed either. Over 300 of China’s domestic exhibitors will be showcasing in six display zones – Fancy Yarn Zone, Natural Cotton Yarn Zone, Colourful Chemical Zone, Quality Wool Zone, Green Linen Zone and e-Commerce Zone –revealing a wide range of innovative yarns and fibres, such as nylon, viscose filament, renewable & recycled fibres and much more. Other than selling and sourcing, all fairgoers can also gain inspiration and learn the latest market insights from the Shenghong China Fibre Trend Area 2017-18 in the Colourful Chemical Zone, as well as from a series of informative seminar sessions.
Concurrent shows
Together with Yarn Expo Spring 2017, four other textile trade fairs are held concurrently from 15 – 17 March in the same venue: Intertextile Shanghai Apparel Fabrics – Spring Edition, Intertextile Shanghai Home Textiles – Spring Edition, PH Value and the China International Fashion Fair (CHIC). Yarn Expo Spring is organised by Messe Frankfurt (HK); The Sub-Council of Textile Industry, CCPIT; China Cotton Textile Association; China Wool Textile Association; China Chemical Fiber Association; China Bast & Leaf Fibres Textiles Association; and China Textile Information Centre.
Heimtextil has started preparations for next trade fair to be held from January 9 to 12, 2018. Trend researchers from Denmark, Germany, France, the United Kingdom, Japan, the Netherlands and US discussed current trends in interior design, architecture, fashion and art.
Given that participants come from different continents, the team at Heimtextil draws from a comprehensive pool of inspiration. Designers analyse developments in materials and textures, colors and patterns from all corners of the world and determine the stylistic design themes. At the end of the process, a mutual, globally applicable trend prognosis for the coming 18 months will be agreed upon and presented.
A team from Denmark will be involved in the development of Heimtextil trends for the first time. SPOTT aims at the individual development of brands and combines trend research with neuroscience and commercial expertise. A team from the Netherlands focuses on textile innovations, predictions, color trends and strategic design concepts. WGSN from the US is one of the leading international trend studios for color and design. Via a global network of design consultants and color specialists, the company creates trend statements, quantifiable forecasts, outlooks and product data as well as reliable color trends.
British design studio Franklin Till comprises trend researchers, designers and stylists as well as a broad-ranging international network of creatives and visionaries.
