FW
Hansae will set up a production facility in Haiti. Hansae is a South Korean garment manufacturing company. It will build the factory for manufacturing garments and generate jobs for 5,000 people. It will help Hansae better serve its clients in the US market.
Retailers are on the lookout for opportunities to source production as costs rise in Asia. Hansae is mainly engaged in manufacturing garments like shirts, knits, women’s suits and casual apparel. It has production units in Guatemala, Indonesia and Vietnam, from where it exports to overseas buyers such as Abercrombie & Fitch, American Eagle, Gap, Hollister, Sears, Kohl's, Nike, Old Navy and others.
Textiles are a crucial component of Haiti’s economy. They represent Haiti’s largest manufacturing sector, accounting for 90 per cent of exports, and about 10 per cent of the country’s gross domestic product.
Most garment companies operating in Haiti focus on high volume, low margin apparel almost exclusively for the US mass market. Besides being close to North America, Haiti-based producers have competitive advantages that have enticed South Korean investors in recent years. Those include competitive labor costs, tax benefits and US legislation that expands duty-free access for textiles made in Haiti to include those made with fabrics sourced from anywhere.
China’s exports declined by 6.1 per cent over the previous year in August. The country continues to face challenges in rebalancing to cope with slowing export demand, particularly after the recent yuan devaluation.
China has been making strategic investments outside of its own market into other Asian countries which offer more competitive labor costs. While China remains the largest supplier of textile apparel to the US, Vietnam’s apparel exports to the US showed a 12.7 per cent year over year increase. Cambodia’s exports also showed a 7.2 per cent increase in July 2015 compared to July 2014.
Vietnam ranked second among the EU’s largest trading partners in 2014, exceeded only by China. With the long-awaited free trade agreement finally reached between the EU and Vietnam, this developing economy is due for further expansion and is rapidly becoming the new dominant force for apparel.
Bangladesh now meets the criteria to be reinstated in the Generalized System of Preferences (GSP) trade program, having lost its membership in 2013. The 2015 depreciation of the rupee to a two-year low is expected to have mixed effects on India’s fiber, yarn and apparel exports. While the rupee’s depreciation makes Indian exports more competitive, most of India's cotton (70 per cent of total fiber exports) historically went to China where buyers, after the yuan was devalued in August, will likely attempt to renegotiate prices. As a result, Indian exporters will see increased pricing competition and will not get the full benefit of the rupee depreciation.
The Cotton Corporation of India (CCI) will start purchasing cotton if the crop fits into parameters set by the procurement agency in terms of moisture content.
CCI will first attempt to sell its stock of 17 lakh bales procured during the previous season and then take a call on buying cotton from farmers subject to market conditions.
Now prices of cotton are around Rs 2,500 per quintal, which is above minimum support price, and therefore there is no requirement as yet for cotton procurement. However, as arrivals increase, a possibility could arise for procurement from farmers.
At present, arrivals that have begun in parts of the country have a moisture content between 18 to 20 per cent. CCI purchases cotton with a moisture content below 12 per cent.
The agency expects to begin procurement from Telengana this season followed by Andhra Pradesh and Maharashtra. In Telengana, CCI has established 84 purchase centers. Some 330 centers may be opened across cotton growing regions of the country.
Mills from the country have been purchasing cotton from the corporation. There is an expected slump in cotton output by 5 to 10 lakh bales this year because acreage has been affected to the tune of some 20 per cent.
cotcorp.gov.in
Officials said, at the bilateral commerce secretary-level meeting to be held in mid-October, Bangladesh will place a fresh list of products seeking duty-free access to Nepal.
They said that so far, against Dhaka's granting of full duty-free access of 108 products to the Himalayan nation, Kathmandu had agreed to offer nominal preferential access to 50 Bangladeshi products.
A senior official of the Ministry of Commerce (MoC) said that they had asked the Bangladesh Tariff Commission to prepare a fresh list of products to place in the next meeting of commerce secretaries seeking duty-free access to Nepal.
Nepalese officials agreed to grant tariff preference to 50 Bangladeshi products; most of these are hardly imported by the country. Of the 50 products, Nepal agreed to reduce duty by 3.0 per cent for products having import-duty more than 15 per cent. It agreed to reduce duty by 5.0 per cent for products that have less than 15 per cent import duty.
Bangladesh and Nepal’s two-way trade is still meagre. Bangladesh exported goods worth US$13.68 million to Nepal and imported goods worth US$21.50 million from the Himalayan nation in the fiscal year 2013-14.
Bangladesh mainly exports woven garments, knitwear, agri-products, footwear, raw jute, and jute goods to Nepal, while it imports vegetable products, animal or vegetable fats and oils, products of chemical or allied industries, plastics and rubber articles, textiles and textile articles, natural or cultured pearls, etc.
www.mincom.gov.bd
Turkish brands to share their success stories
Fashion conference at the IAF Convention will highlight positive global developments in the fashion industry under the title ‘Making it better’. Istanbul is one such example that has seen a number of positive developments in the global fashion industry.
The conference covers supply chain, CSR and sustainability, raw materials and marketing and branding. In the emerging brands session, upcoming successful Turkish brands share their success stories with the apparel world. Their development from manufacturer to brand to retailer to cross border success shows how in emerging economies such as Turkey, the apparel industry continues to evolve and create more value added. Brands such as Kigili, Lia Lea, Les Benjamins and 2Wins will demonstrate how in practice it is done.
Young designer session
In the young designer session, Dominique Jacomet, the Director of the Institut Francais de la Mode and Wendy Malem, Director of the Centre for Fashion Enterprise, will present the unique worth project, that has spawned a number of great new and innovative products and that has brought together the designers with manufacturers, including Turkish producers.
IAF and TCMA have brought this project to the stage because it shows such a good combination of a new generation of fashion companies, with new methods of financing, creating new business for manufacturers. But also, Colombian designer Andrea Landa, winner of the IAF Designer Award 2014 and Turkish designer Asli Filinta will share with the audience how they are growing a new fashion business.
Fashion industry experts to descend in Istanbul
Christoph Auhagen, CBO of Hugo Boss will be a keynote speaker on October 14. Other speakers include Gordon Richardson (Creative Director of Topman), Jan Hilger (COO of Ahlers), Leyla Ertur (Country Manager Production, Europe Region of H&M) and Murat Akkun (CSR Country Manager of Inditex).
October 15 will offer a matchmaking programme connecting delegates to the Turkish garment industry and specialised workshops. During the IAF General Assembly there will be a unique discussion session on the future of the industry. This session will be led by the World Bank's lead specialist Emiliano Duch.
Industry association executives and board members from major associations from five continents will be in the panel. The World Bank is collaborating with the IAF on forming a clearer picture of what are the most successful strategies and policies to create a stronger fashion industry globally.
www.iafconventionistanbul.com
A cooperation between the three industry partners Kelheim Fibres, Linz Textil and DyStar has led to a development of an innovative new viscose melange yarn named Danufil Proshade.
Danufil Proshade has a blend of standard viscose fibres and Kelheim’s speciality viscose fibre Danufil Deep Dye and is only dyed as needed at a later stage in the process, which is new, as usually, a melange yarn is spun out of differently coloured fibres. Particular properties of the fibre make this possible. There’s a substantially higher dye-absorption capacity than standard viscose fibres due to this speciality fibre’s permanent cationic charge.
A selected range of Levafix and Remazol dyes allows a salt-free dyeing process. The environment benefits as because of shorter dyeing cycles it is possible to save up to 30 per cent water and energy, at the same time increasing productivity–a time saving of up to 40 per cent.
Also, numerous tests have proved excellent reproducibility, levelness, and a high level of light-fastness and fastness to washing. Besides, a comprehensive customer support is offered, which includes, support in developing dye recipes that ensure optimum results. Moreover, Danufil ProShade can replace a stock of differently dyed yarns or fabrics, thus reducing significantly the amount of capital required.
A fast and flexible reaction to orders and production on demand, even of small melange lots is possible as the subsequent dyeing can be done in thousands of different melange tones according to the customer’s specific needs.
High-quality dyes and customer-oriented support from DyStar together with Kelheim Fibres’ expertise in the manufacturing of viscose speciality fibres, know-how and innovative spinning technology from Linz Textil make an innovative product, which delivers a higher level of efficiency and a better ecological performance in melange production.
www.kelheim-fibres.com
www.dystar.com
Sutlej Textiles has acquired Birla Textile Mills. The acquisition will help increase its market share and the company is expecting a double digit growth in the current year.
The existing capacity of Sutlej Textiles is 2,93,000 spindles and after the acquisition it will go up to 3,77,000 spindles, a 25 to 30 per cent increase in capacity. The company is also looking to increase its capacity in the home textiles segment, from 2.6 million meters to 9.6 million meters at a capex of Rs 88 crores.
Sutlej Textiles has also lined up a Rs 270 crores project for about 35,000 spindles. Sutlej is one of India’s leading textile producers with a value chain extending from yarns to home textiles. It has a presence in several countries.
Sutlej exports value added synthetic and blended dyed spun yarn. It is a prominent manufacturer of cotton and cotton blended dyed and mélange yarn. Sutlej Textiles is also among the few exclusive spinners in India for specialty yarns such as modal, lyocell and tencel. The company is a one-stop shop for all types of spun yarns.
sutlejtextiles.com
Suryalakshmi has commissioned a fourth spinning mill to produce value-added and premium fancy yarns. The plant in Amravati, a cotton producing hub, will take the total capacity of the mill to 87,000 spindles. The plant includes fully automated, state-of-the art imported spinning technology. The company anticipates annual revenues of Rs 150 crore plus from this plant alone.
Suryalakshmi Cotton Mills is an integrated yarn to garment manufacturing company. With commencement of operations at the new plant, it can significantly cut down its dependence on third-party vendors for procuring yarn, enabling better quality control and increased cost efficiencies.
Due to the location, which is a cotton belt in Maharashtra, the unit has abundant access to high quality raw material and labour. The high value yarns produced in this plant would be used for captive consumption in its denim division. It will enable Suryalakshmi to be in sync with the latest trends in the world of denim and cater to global and domestic fashion demands more effectively.
Founded in 1962, Suryalakshmi manufactures yarn, denim fabric and garments for leading private labels, fashion brands and retail chains in 29 countries across the globe. It is also a leading producer of denim fabric in India with a capacity of 40 million meters per annum.
www.suryalakshmi.com
Cooperative spinning mills and National Textile Corporation (NTC) units in Tamil Nadu, as well as the private sector, are putting in efforts for modernisation and value-addition, though the textile sector is going through a challenging phase with a dip in demand.
The State government had sanctioned Rs 175 crores for modernisation of six cooperative spinning mills, which were completed in July, said officials. From blow room to spindles, there was complete modernisation of these six mills and trial run is on at present. Also, the Tamil Nadu Textile Corporation (TNTC) has invested of Rs 5 crore, and commissioned a new loom shed, with 10 shuttle-less looms at Kurichi.
For the free dhoti and sari scheme, production of school uniform and to meet the requirements of various government departments yarn and fabric from the cooperative spinning mills and the TNTC is used. Productivity and quality will improve and more number of people will be employed with the modernisation and the new loom shed, according to officials.
Consolidation and modernisation is being considered by NTC, which has seven mills in the State. Two years ago, it had taken up capacity addition in two mills and invested in modernisation between 2008 and 2010. A Arulsamy, Executive Director (South) said this has helped the mills improve productivity, reduce costs and improve quality. However, another round of consolidation and modernisation is needed now.
Ntcltd.co.in
13,075 visitors from 109 countries - the same as in September 2014 - made this 37th event generally steady, but with a slight increase in the number of visitors from the Americas in particular. Fluctuations in rates of exchange disadvantageous to Europe and economic crises undoubtedly played a part, but, as many exhibitors said, many American buyers could not attend due to religious holidays.
Considerable rise in French visitors
Michael Scherpe, CEO of Messe Frankfurt France, commented, "I noticed a significant rise in the number of French visitors in February 2015. This has persisted this time round, because France is becoming the leading country of origin of our visitors, with a marked rise of almost 12 per cent. I am delighted that Texworld Paris' offer meets the expectations of French buyers in every respect, all the more so because we have applied much more rigorous selection criteria, which have brought about an expansion in the range of exhibitors' offers, particularly in respect of creativity, style and aesthetics, in perfect harmony with current trends and "western" tastes.”
Messe Frankfurt France took over halls 2 and 4 at the Le Bourget Exhibition Centre, staging a new concept. Much more open stands, easier movement through the aisles and clearer, more evident division allowed visitors to refine their search for exhibitors whilst still making new discoveries. The new layout was greatly appreciated not only by visitors, but also by exhibitors.
Pankaj Srivastana, General Manager of Shahi Exports, said, “Texworld Paris is really well organised. It was very easy for us to locate good products and new suppliers. Even our most recent fashion requirements were met.” Added Gijsbertha Dancery, an independent materials buyer, “I come especially to see the latest trends, but this time I found the fair very welcoming. Far more open stands are very hospitable. They tempt us far more to discover the collections.”
First time visitor, Dhanarat, Managing Partner at VGS Exports, said “Texworld Paris has proved an excellent trade fair for purchasing. What I like is that you can find fabrics for garments and accessories under one roof. I shall be back next time.”
Except Russia, fair saw rise in international visitorsApart from France, which is taking over the lead in Europe, ahead of the UK and Spain, a pronounced increase in the number of professionals from Tunisia (38 per cent) and Morocco (18 per cent) was observed. Portugal, a major buyer of garments, confirmed this trend at 17 per cent, as did Romania, which was very much in evidence this time, at 51 per cent.
Problems associated with difficulties in relations between Europe and Russia were however felt to a great extent. Russian visitor numbers did not rally (-25 per cent). In contrast, Ukraine held its own at 51 per cent. Asia as a whole remained remarkably stable (1 per cent). Hong Kong registered a score of 48 per cent, underlining its craving for creative, top of the range products. The UAE were up 11 per cent and Australian visitors increased by 11 per cent. All three trade fairs maintained their international leadership in France, with 88 per cent of visitors coming from outside metropolitan France.
Overall business sentiment picking up
On the business front, "everything is going Ok" became the exhibitors' watchword at this event. It was the expression heard most frequently at the fair, from the opening onwards. The exhibitors were happy to see many existing clients and also to observe a previously unseen interest in their collections from new buyers. Messe Frankfurt France's adoption of a policy of selecting exhibitors by stricter criteria, particularly their satisfaction of trending fashion criteria, has borne fruit. Visitors were genuinely able to experience an expansion in the range of exhibitors' offers.
This was particularly underlined by the success of two aspects of Texworld Paris - steadily-increasing interest in the small order itinerary, featuring more than 150 exhibitors, offering to take orders for small quantities from fashion designers and niche businesses and interest in ecological and/or fair-trade fabrics were well highlighted by the trends in ‘My Sustainable Forum’, in collections by around thirty established exhibitors, but also in the general offer, which saw fibres such as linen and hemp flourish. It should be added that there was sustained interest in technical, intelligent fabrics with new functions at the first-ever Avantex trade fair, held within the framework of Texworld Paris.
The programme of daily presentations appealed to the audience and those dedicated to world fashion trends were packed out. On Wednesday, September 15, 2015, Texworld Paris welcomed Xu Ying Xin, the Executive Vice-President of CCPIT-Tex, the Chinese Textile Industry Chamber of Commerce, to discuss the current state of the industry in the light of China's recent economic history. Next edition of Texworld Paris will be held February 15 to 18, 2016.
www.texworld.messefrankfurt.com
