FW
There are new opportunities for local denim goods producers because of diversion of orders from Bangladesh's rivals. Industry insiders said that this is potentially aiding the country to replace China as the world's No. 1 exporter. Bangladesh's denim industry is going for an expansion and up-gradation to cope with the increasing demand.
The second largest producer of denim products, Bangladesh ships about 200 million pieces of denim jeans around the world every year. The country has more than 5,000 factories concentrated around Dhaka and Chittagong.
Anwar-ul-Alam Chowdhury Parvez, Managing Director, Argon Denims said that export orders were good, mainly because of an increase in denim consumption across the globe. He said that good price range and quality were the two factors helping the country to reach as the world's biggest denim exporter.
The demand for denim goods is increasing and the European Union (EU), the US and Russia top the list in denim importing nations, Parvez added. Also, local investors are setting up large plants in the country to meet the growing demand to the international market.
In the last couple of years more than 66 international brands including G-Star, Jack and Jones, River Island, H&M, PVH, etc., have turned to Bangladesh for denim imports, according to Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Former President of the Bangladesh Textile Mills Association (BTMA), Jahangir Alamin said that many companies are set to almost double their capacity and that new export orders for denim goods have surged by nearly 20 per cent.
Other rival countries, apart from China too, such as India, Pakistan, Vietnam and Indonesia are also losing their market share to Bangladesh for denim goods in the US and EU market, according to Abdus Salam Murshedy, Managing Director of the Envoy Group.
www.bgmea.com.bd
Lectra has said that a German competitor’s machine was declared as infringing a Lectra’s patent protecting a solution for cutting one-piece-woven (OPW) airbags in Germany.
The July 2015 final court ruling stated that the competitor’s OPW-airbag-cutting machine makes use of Lectra patent EP 1 321 839’s inventive technical teaching, thus legally acknowledging that the machine infringes the patent. The German Federal High Court confirmed Lectra’s patent as valid in September 2014. The patent runs until December, 2022 and covers Canada, China, the Czech Republic, France, Germany, Japan, Portugal, Spain, South Korea and the US. Lectra considers that any use of an infringing machine in these countries violates its patent rights, and the company will use all legal means to have these rights respected.
Over the last ten years, the company has invested €180 million in research and development, which represents 9 per cent of its revenues. As a result of this commitment, Lectra’s dedicated airbag-cutting solutions guarantee quality, safety and profit margins, allowing unparalleled productivity and offering sustainable competitive advantage. They are used by the largest suppliers in the automotive industry.
The hosiery industry in India is developing a cost index. This is a step toward making the industry more aware of its costing and profitability.
This will be the first cost index for any textile industry segment in the country. It will enable companies to benchmark their pricing to a systematic cost plus scenario. It highlights the average movement in costing for a representative basket of hosiery goods over a period of time. If the cost was Rs 100 in January 2010, and the index is 132 today, it means over the period the cost for the industry has gone up by 32 per cent though specific products may have gone up more or less depending on its specifications.
The index gives a broad idea for the industry as a whole. Its relevance is more in giving an idea of the direction of the movement of costing rather than any absolute movement. Over time the hosiery index is expected to become a reference point for the entire hosiery and knitwear industry.
India’s Rs 8,000 crores hosiery market currently has an equal percentage of branded and non-branded players. Ludhiana's hosiery industry also supplies a range of sweaters, pullovers, jackets, shawls and blankets.
In view of China’s commitment in environmental protection, President, Xi Jinping announced targets to peak CO₂ emissions around 2030 and to increase the non-fossil fuel share of all energy to around 20 per cent by 2030, in the joint announcement with the US government on the climate change and clean energy cooperation last November.
By 2016, China’s new environmental standards for the textile and apparel industry will be implemented, which will have impacts on all textiles and garments imported and exported to/from China. GONG Yan, Professor of the Beijing Institute of Fashion Technology, who participated in the policy formulation, will introduce the new standards required by the Chinese government and their recommendations at a workshop to be held on October 27, 2015 in Hong Kong.
Another prominent speaker, Joyce CHAU, Chief Representative China of the Foreign Trade Association from Belgium will talk about sustainable supply chain through environmental due diligence in the academy. Open discussion chaired by Francis YUK, SVP, Centre Testing Intl Group Co will follow.
This workshop is ideal for sourcing executives of buying offices of international brands and retailers, executives involved in sustainability development, product exports and imports, textile and apparel manufacturers, suppliers or traders and service providers.
www.bift.edu.cn
The volume of US apparel imports from all countries grew 13.5 per cent year-on-year in August, up from the 7.1 per cent increase in July. Cambodia led the pack, posting a solid double-digit gain, with strong increases also recorded by China, Bangladesh and Vietnam.
Shipments from China - the largest supplier of apparel to the US - were up 19.5 per cent. Nearest rival Vietnam grew 18.8 per cent compared to the same month a year ago. Bangladesh saw apparel shipments rise 10.35 per cent. Of the remaining supplier countries, Cambodia recorded the strongest growth at 36.1 per cent, followed by Honduras (up 7.6 per cent) and India (up 6.1 per cent).
Three countries saw apparel shipments decline during August. Pakistan recorded the largest drop, followed by Indonesia and Mexico. US apparel and textile imports increased 9.5 per cent between January and August. Within this, textiles grew 11.4 per cent while apparel shipments were up 7.05 per cent.
Bangladesh’s clothing industry continues to build on its momentum as a low-cost sourcing destination. Vietnam has benefited as producers and buyers diversify their supply chains. China remains a compelling source for apparel buyers as rising prices are largely being offset by productivity gains.
At one time some regions of Tanzania stopped cultivating cotton due to diseases and pests that damaged the crop. But now there is a belief the introduction of Genetically Modified Organisms (GMOs) in the country will help revive cotton growing in the country.
GMO refers to seeds implanted with certain genes to withstand droughts, pests and diseases developed by scientists using the latest molecular biology technology. The seeds or planting material are modified in laboratories to enhance desired traits such as increased resistance to diseases or improved nutritional content.
Apart from GMOs’ increasing farmers’ yields, the hybrid seeds will also improve quality hence making Tanzania being able to compete with other major cotton producers in the world. GMO cotton is resistant even to climate change and yields high quality products and hence fetches higher prices.
Genetically engineered cotton has been approved as being safe for use. Countries such as Senegal, which cultivate GMO cotton have increased yields and improved quality of the crop allowing farmers to improve their lives. Kenya and Uganda are already undertaking field trails to pave the way for commercial cultivation of GMOs. With GMOs pests like red bollworm are not expected to spread or affect the crop.
At the Première Vision show in Paris, major players that supply materials and services to the global fashion industry met for three days to present and discover the latest innovations from the whole textile industry.
Partner companies and big brands who choose to play better by the new responsible innovation rules showcased their new and amazing collections, which was witnessed by C.L.A.S.S. Since 2007, C.L.A.S.S. has been sharing this vision along with brands that lead the market with extraordinary, performing and beautiful fabrics, while innovating with consciousness. For the first time this year, responsible innovation as a great new added-value to be pursued was discussed by fashion and industry. The need for a shift in large scale industrial processes is now getting real.
Sustainability standards too are now being discussed by the most authoritative European fashion councils. Hosted by Première Vision on September 15, 2015, instigated and appointed by Giusy Bettoni, Founding President of C.L.A.S.S., Carlo Capasa, President of the Camera Nazionale Della Moda, Caroline Rush, Chief Executive of the British Fashion Council, and Chantal Malingrey, Director of Marketing and Development at Première Vision, sustainable innovation and development were the main topics discussed during the Smart Conversation Masterclass. ‘Smart Creation Première Vision’ was officially launched as the new platform during the show.
www.classecohub.org
The Trans-Pacific Partnership (TPP), which includes 12 nations such as United States, Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, has been concluded successfully. Almost 40 per cent of global gross domestic product is represented by these countries.
Responding to the announcement that the Obama Administration successfully concluded the Trans-Pacific Partnership (TPP), NCTO expressed gratitude to US negotiators for their close cooperation on key issues in the textile segment.
NCTO is anxious to learn the exact details of the final TPP agreement just like all private sector stakeholders. NCTO will undertake a thorough analysis of the text to assess the impact of the agreement on domestic textile manufacturers after it’s released to the public.
Augustine Tantillo, NCTO President, who was in Atlanta for the talks said that they thanked Ambassador Michael Froman and the US government for working closely with NCTO throughout the TPP process. Their briefings at the Atlanta TPP round made them believe that US negotiators were able to achieve a well-balanced and reasonable outcome for US textile manufacturers and their partners within the Western Hemisphere, although they are waiting to examine the final details.
Tantillo said that textile and apparel exports from the current TPP countries to the US totalled $19 billion last year. Thus, there was a need for TPP to establish a yarn forward system, which would form the basis for rule of origin determinations and the setting of multi-year tariff phase-outs on sensitive textile and apparel products.
Ustr.gv/tpp
Inlegmash, the international exhibition for textiles manufacturing and processing and Techtextil Russia, the international trade fair for technical textiles, nonwovens and protective clothing will be held on the same dates from February 24 to 26, 2016 at the Expocentre fair grounds in Moscow.
The visitors and exhibitors will be acquainted with all the key aspects of the industry in the same place and at the same time to provide a unique business platform. The decision to hold both these fairs together was taken since Techtextil Russia and Inlegmash have longstanding professional experience and deep knowledge of the market. As both exhibitions are mutually supported events in the industry, they successfully complement each other.
Besides, the whole spectrum of equipment, raw materials, component parts, innovations and integrated products and services for the light industry and technical textiles in particular is represented by both the exhibitors. Russian and foreign exhibitors can use these opportunities for further development of business processes as there would be world-renowned brands at the fairs and professional organisation, beneficial terms of participation and a strong fringe programme.
Both the exhibitors are a perfect combination to lend success to the projects and represent excellent prospects for the future development of the shows on the Russian exhibition market, believe the organisers of the event, Messe Frankfurt RUS and IEC Expocentre.
www.techtextil-russia.ru
The Indian textile machinery industry is expected to touch Rs 45,000 crores by 2022. Right now the industry is worth Rs 22,000 crores. It grew by 8 to 10 per from 2013 to 2014.
The textile and apparel market in the country is growing. New projects are being planned and there is an emphasis on setting up textile parks. For textile machinery manufacturers from Switzerland, Germany, Belgium, Italy and Spain, India remains a very important market.
India is expected to be a leading textile producing country in the world by 2020. The Make in India program is expected to help the textile sector by way of increase in demand for modern machinery. The country has the potential to become a manufacturing hub in textile machinery and has an abundance of skilled low cost labor and natural resources. But for this, sufficient focus has to be given to research and development in order to ensure that modern and innovative technologies are developed in the country.
The tenth India International Textile Machinery Exhibition will be held in Mumbai, December 3 to 8, 2016. This is the largest textile machinery and accessory exhibition in the country. It will be spread over 1,50,000 sq mts and is expected to witness participation from 93 countries.
