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In the first four months of 2017, Vietnam’s exports to Russia grew by 78.2 per cent. The two-way trade value in 2016 was up 25 per cent over 2015. In the first four months of 2017, it climbed 30 per cent year on year.
Garment and textile exports from Vietnam to Russia were up 146.47 per cent year on year followed by coffee. However coffee exports to Russia fell 18.14 per cent on year.
In addition, Vietnam’s exports of electronic devices were up 16.6 per cent and exports of footwear to Russia were up 10.82 per cent. Vietnamese companies are investing in Russia. To date, Vietnam has about 20 investment projects with a total registered capital of nearly three billion dollars in Russia.
Vietnam-Russia economic cooperation has been strengthened in the areas of trade, investment, oil and gas, and electricity. The two-way trade has been on the rise and forms of cooperation and investment have also been increasingly diversified.
More opportunities for bilateral cooperation are expected especially when the two countries adopt bilateral payment in domestic currencies.
Brands are in a race to evolve their supply chains and manufacturing technologies in order to get new products to the market faster.Brands like Nike and Adidas have made moves to increase speed to market. They have shed the old model in which new shoe styles could take up to 18 months to crawl from conception to store shelves.
These efforts have led to a huge cut in supply chain lead times, reducing the chance of having excessive, slow-moving inventory and increasing sportswear makers' odds of keeping up with the latest trends. That could add an additional 15 per cent to top line growth.
So almost 20 per cent of Nike’s and Adidas' production may be automated by fiscal 2023. Innovations like digitized design, automated production, 3D printing could also increase their share gains.
After the supply chain changes take hold, almost no small brand or private label footwear maker for the foreseeable future will be able to offer comparable quality products to what Nike and Adidas have at similar prices.
So major athletic wear brands are poised to offer better products.
Sales in the athletic wear industry may have a seven per cent annual global growth by 2021.
Cotton futures are to retreat into 2018 more significantly than investors are factoring in, sapped by rising world production – although reviving economic growth stands to raise demand further ahead.
For now, cotton prices look poised for more of the sharp moves which saw futures soar 14 per cent in three sessions in mid-May to a near-three-year high, only to give back nearly all that found over the following week.
Most of the additional production - besides that in China, and an amount equivalent to some four million bales, the size of Australia's harvest - will be available to world markets.
This will weigh on the price of cotton futures. However, further ahead, a positive backdrop for demand is expected, boosted by world economic growth pegged at 3.65 per cent for 2018 and 3.68 per cent for 2019.
Cotton demand is expected to grow 1.5 per cent next year and two per cent in 2019. Expansion would be highly concentrated in developing Asian markets, bar China. Consumption growth in the spinning sectors of Vietnam, Bangladesh and Indonesia may drive global demand growth.
Area in India is expected to increase eight per cent year on year in 2017-18. A hike in US cotton sowings is possible this year, thanks to the better returns offered to growers by the fiber compared with the likes of corn, rice, soybeans and wheat.
Tonrose is introducing the Better Cotton Initiative (BCI) mark to its products. It’s the first time a member who supplies end products to businesses in the service industry has introduced BCI-specific on-product marking and the company is hoping it will help influence other UK and international trade linen brands to also join BCI.
The Tonrose Group is one of Europe’s longest established trade linen companies. Tonrose was the first UK trade linen company to become a member of the Better Cotton Initiative and, as a leading provider to the hospitality sector, it is driving the sector’s agenda on Better Cotton and ethical luxury.
The group owns a growing portfolio of brands including Tonrose (hotel and leisure linen supply), Tradelinens (luxury linen division), Tielle Love Luxury (retail), and Sirona (specialist spa trade business).
Tonrose feels a strong responsibility to ensure it works closely with its supply partners to ensure that ten per cent of its cotton procurement becomes Better Cotton by the end of 2017. As more mills around the world get involved, the company hopes to make this a feature across its entire linen range.
Better Cotton Initiative was established in 2009 to address the most pressing sustainability issues in global cotton cultivation, with an equal focus on environmental, social and economic impact.
The UK male clothing market grew at twice the rate of the women's equivalent last year.The men’s wear market is estimated to have grown by 2.8 per cent in 2016 compared with the 1.3 per cent rise seen in the women’s market.
However the men’s wear sector still only accounts for 27 per cent of the total clothing market, trailing behind women’s wear sales.Young men are more likely than young women to have bought footwear in the last quarter, with the rising popularity of trainers driving men’s footwear sales.
Meanwhile, men aged 25 to 44 have overtaken women of the same age when it comes to buying clothes in the three months to December 2016, at 47 per cent compared to 43 per cent. A 12.3 per cent increase in men’s wear sales has been forecast between 2016 and 2021.
More retailers and brands have been tapping into the growing men’s wear market by expanding their men’s clothing offer as well as launching stores and separate websites dedicated to men's fashion.
Millennial men are also becoming more demanding, wanting higher quality pieces, frequently updated collections and unique designs and they will choose to buy clothes from those retailers and brands that step up to the plate.
Aarvee Denims & Exports reported net loss of Rs 1.30 crore in Q4 March 2017 as against net profit of Rs 3.35 crore in Q4 March 2016. One of its manufacturing units in Ahmedabad has been shut. A closure notice was issued by the Gujarat Pollution Control Board for safety and health concerns. The company plans to re-open the unit after taking remedial measures as directed by the pollution control board. However, Aarvee Denims and Exports’ net sales rose 16.8 per cent in the fourth quarter of March 2017 over the fourth quarter of March 2016.
Aarvee, which opened in 1988, is a leading global player in the textile industry. It is engaged in the manufacturing and selling of denim and non-denim fabrics and garments. It offers denim and non-denim fabrics in various colors such as regular indigo blue, dark indigo blue and sulfur bottom indigo top and in various types of structures, such as 1/1, 2/1, 3/1, broken twills and herringbone. It mainly produces and offers bottom wear jeans, casual trousers and jackets for men, women and children. Products include T-shirts, casual shirts, jeans and winter wear products.
The company has three manufacturing plants located in Ahmedabad. Its offerings include fabrics, garment and retail. Aarvee has a cotton spinning capacity of 34,000 tons per annum, texturizing capacity of 11,200 tons per annum, and fabric capacity of 85 million meters per annum.
Levi’s debuts its fourth Pride collection last week that offers a gender-neutral collection with a “Fight the Stigma” theme.
Launching soon after the company celebrated its partnership with the National Center for Lesbian Rights, the Pride 2017 line stands as a reminder to the world that the company stands with the LGBTQ community. All of the proceeds from the collection will be donated to support work of two of Levi’s LGBTQ partner organizations, the Harvey Milk Foundation and Stonewall Community Foundation.
The line features exclusive T-shirts and tanks with the “Fight the Stigma” call to action of the ’80s and shorts inspired by the AIDS Memorial Quilt with a “Remember Their Names” patch and rainbow tab. Rounding out the collection is a 505 CT denim short with a rainbow shank and tab. Levi’s offers the line across the Americas and Europe now online and in select stores.
With the advent of new technologies in the retail industry a lot of prominent fashion brands are embedding lights in apparel, in order to enhance its look. As consumers around the world are taking conscious efforts to implement a healthier lifestyle, retailers are extending the technology of embedding smart sensors to active wear as well. Lighting apparel is made by a special kind of fabric stitched with light emitting devices, such as LEDs.
Companies are focusing on introducing interesting innovations in lighting apparel, such as interactive garments, to attract potential customers and these apparel embedded with lights can be charged using a USB charger. Convergence of smart sensors with lighting apparel could pose as an opportunity for this market. The concept of lighting apparel and fabric was initially introduced for consumers working in hazard prone environment such as mining and construction sites. At first, reflective fabric, which uses the phenomenon of light reflection to enhance the contrast of the clothing, was used.
Fashion brands established a new trend by introducing the idea of lighting apparel and fabric, which has become popular among celebrities. On the other hand due to the healthier lifestyle adopted by the consumers has led to introduction of lighting active wear apparel.Active wearable lighting apparel and fabric market in regions like Asia Pacific and Middle East and Africa is expected to witness a significant growth because of increasing urbanization in these regions.
Active wearable lighting apparel and fabric market can be segmented on the basis of type of apparel, type of lighting, vertical and region. Upper garments will include jackets, t-shirts, shirts and others. Whereas, lower garments can be segmented into leggings, track pants and others. By type of lighting, market can be segmented into reflective fabric, sensor embedded fabric and others. On the basis of vertical, active wearable lighting apparel and fabric market can be segmented into sports, fashion, industrial and others.
Owing to the presence of established fashion brands selling lighting apparel such as CuteCircuit, Western Europe active wearable lighting apparel and fabric market is expected to grow at a significant rate
Christian Duyckaerts is now the president of Fespa.He joined the board of Fespa in 2002, representing the Belgian printing trade association Febelgra, where he presides over the screen and digital workgroup. He is also managing director and founder of Retail Communicators, a visual communications specialist delivering brand retail solutions from concept and print to installation for many international household brands.
Christian was previously CEO and co-owner of two of the largest POS and outdoor print production companies in Belgium, Print & Display and GSI Printing. He started his print career at Hamiscreen after completing his graphic technology studies at TSM and the HIGRO school.
His challenge is to prepare Fespa for 2020 and beyond, to exploit the area of digital transformation where the industry is facing many opportunities, not just with web-to-print but also with omni channel solutions and many areas of customisation.
Fespa is the leading European exhibition for textile printing, where vendors offer new textile printing solutions. Printers and sign makers attend. Visitors have access to a comprehensive line-up of suppliers of technology, materials for printing and sign-making, consumables and accessories.
The expo is a forum for meeting customers face-to-face, making concrete sales and developing business pipelines. Printers from all parts of the world attend but particularly from Europe and the Middle East.
Alexandre Bompard is chairman and chief executive officer of Carrefour.
Carrefour, based in France, is one of the world’s leading retailers, the second largest retailer in the world and the largest in Europe. The group now features four major grocery retail formats: hypermarkets, supermarkets, cash & carry and convenience stores.
The group now operates on three major markets: Europe, Latin America and Asia. With a presence in more than 30 countries, it generates more than 55 per cent of its sales outside France. With over 9900 company-owned and franchise stores, Carrefour gives priority to local supply chains. So 75 per cent of all its food products come from local suppliers in the countries in which it operates.
The chain is often the premier private employer in the countries in which it operates. This is obviously the case in France but it also holds true in countries such as Brazil, Argentina and Italy.
