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Spring Fair 2025 concluded its 75th edition at NEC Birmingham, bringing together over 38,000 retail buyers and industry professionals. The UK’s largest retail trade show for home, gift, and fashion showcased trends, fostered business growth, and strengthened industry connections.
Retail growth and innovation at the forefront
The event welcomed top retailers, including Marks & Spencer, John Lewis, Tesco, ALDI, Wayfair, The Walt Disney Company, and many more. With a mission to drive retail growth, Spring Fair expanded significantly, with a 14 per cent rise in exhibitors and 18 per cent more new exhibitors. Buyers at the event reported increased budgets and higher spending thresholds.
Event Director Soraya Gadelrab emphasized the show’s evolution beyond size, focusing on its impact on retail businesses. “Spring Fair is building the ultimate retail experience, helping the UK retail sector thrive,” she said. Many exhibitors shared success stories, with businesses forming new partnerships and securing major deals.
Supporting new brands and emerging talent
The show placed strong emphasis on supporting emerging brands through initiatives like the #SBS Village and New Business Pavilions. First-time exhibitors gained valuable exposure, with some making key connections that had previously been out of reach. The event introduced several enhancements, including the New Licensing Lab stage, an immersive Buyers Lounge, and the Gift of the Year Showcase. These initiatives provided retailers with hands-on experiences and insights into market trends.
Both major chains and independent boutiques praised the event for its business opportunities." The Buyer Lounge, designed to resemble a high street experience, allowed visitors to interact with products in real-life settings. The launch of Heritage 75 fragranced candles and diffusers added a commemorative touch to the anniversary edition.
Moda x Pure made its debut at Spring Fair, expanding the fashion sector with a diverse range of clothing, footwear, accessories, and jewellery. The fashion catwalk showcased contemporary trends, highlighting emerging designers and brands. Exhibitors secured new stockists and large orders, reflecting strong buyer interest.
Shaping the future of retail
Throughout the event, keynote speakers and panel discussions provided industry insights. Laurence Llewelyn-Bowen discussed licensing and creativity, while Theo Paphitis encouraged small businesses to remain confident in their unique offerings. Retail trend forecasting sessions emphasized sustainability, individuality, and experiential retail, offering actionable strategies for buyers.
The show also featured Ambiance Clinics, offering personalized business advice on productivity and revenue growth. Industry leaders and exhibitors highlighted the importance of community collaboration in reimagining the future of retail.
Exhibitors reported strong sales and new partnerships, with some securing 40-50 per cent new customers. Many businesses highlighted the show’s impact on brand visibility and expansion into new markets. The success of Spring Fair 2025 reinforced its status as the UK’s premier retail trade event, setting the stage for further growth in 2026.
Growing at a 5.4 per cent CAGR from 2024 to 2033, the global textile yarn market is projected to reach $22.7 billion by 2033, from $13.6 billion in 2023. This growth is likely to be fueled by an increasing textile demand across apparel, home furnishings, and industrial sectors, driven by rising global population, urbanization, and disposable incomes.
The growing popularity of sustainable textiles is also driving innovation in organic and recycled yarns. Government investments in textile-producing regions, supporting infrastructure, innovation, and SMEs, create a favorable environment. Stricter regulations on environmental impact and labor practices are pushing manufacturers toward cleaner production and sustainable sourcing.
Opportunities for both new and established players exist in this market that involves the production and distribution of yarns used in fabrics, apparel, and industrial textiles. While new entrants can focus on niche markets like organic, recycled, or specialty yarns, established players can leverage their expertise to explore emerging markets and diversify product portfolios, investing in automation and smart manufacturing. They can also collaborate with fashion brands and sustainability advocates to enhance market presence.
Key market segments include plant-sourced yarns (55 per cent share), cotton yarn (65 per cent), and apparel applications (70 per cent). Growth in the market is being driven by factors including fast fashion industry’s demand for diverse yarns, growth in technical textiles requiring specialized yarns, development of sustainable fibers, athletic wear requirements for performance yarns, and manufacturing automation improving quality and efficiency.
The Asia Pacific region leads growth in this segment with a 37 per cent share. Driven by large-scale textile production in countries like China, India, and Bangladesh, this growth is attributed to the region’s large-scale textile production, strong manufacturing capabilities, and growing demand for both synthetic and natural yarns. Cost-effective manufacturing and technological advancements further fuel this growth. Rising middle-class populations and increasing disposable incomes also contribute to the demand for high-quality apparel.
The Lyst Index, a quarterly ranking of fashion's most coveted brands and products, has released its highly anticipated report for the fourth quarter of 2024 (October to December). This definitive guide to the industry's hottest trends offers valuable insights into consumer behavior and the ever-evolving landscape of fashion.
Miu Miu's dominance continues
For the third time in 2024, Miu Miu has claimed the top spot, cementing its status as the year's most influential brand. The Prada-owned label has consistently captured the zeitgeist, resonating with fashion enthusiasts through its innovative designs, strategic marketing efforts, and a knack for setting trends that resonate across demographics.
Table: Lyst Index top 10 brands
|
Rank |
Brand |
Movement |
|
1 |
Miu Miu |
Same |
|
2 |
Saint Laurent |
+2 |
|
3 |
Prada |
Same |
|
4 |
Loewe |
-2 |
|
5 |
Coach |
+10 |
|
6 |
Bottega Veneta |
Same |
|
7 |
Alaïa |
-2 |
|
8 |
Moncler |
+5 |
|
9 |
The Row |
Same |
|
10 |
Ugg |
New |
Highlights from the Q4 2024 report
Saint Laurent's Ascent: Saint Laurent climbed two spots to secure the second position, driven by its successful "Emilia Pérez" film project, starring brand ambassador Blackpink's Rosé, and continued popularity among celebrities and influencers. The brand's sleek tailoring and classic yet edgy aesthetic continue to resonate.
Coach's Resurgence: Coach made a remarkable leap of 10 places to reach number five, fueled by its strategic focus on Gen Z consumers and competitive pricing during sale seasons. The brand's Brooklyn Bag emerged as the quarter's hottest product, with searches growing by 65 per cent quarter-on-quarter. Collaborations with popular musicians and a strong emphasis on accessible luxury have proven successful.
Ugg's comeback: Ugg made its debut on the list at number 10, capitalizing on the ongoing nostalgia for 2000s fashion and the brand's resurgence among trendsetters. Searches for Ugg boots skyrocketed by 358 per cent over the quarter. The brand's inclusive sizing and focus on comfort have also contributed to its renewed popularity.
Quiet luxury's lingering influence: The "quiet luxury" aesthetic continued to influence consumer preferences in Q4. Brands like The Row, which maintained its position in the top 10, benefited from this trend. Consumers are increasingly drawn to understated elegance, high-quality materials, and timeless designs.
The rise of ‘Gorpcore’: While not explicitly dominating the top 10, the Lyst Index noted a growing interest in ‘gorpcore’ – a style blending outdoor and technical wear with everyday fashion. Brands like Arc'teryx and Salomon saw increased search volume and engagement, hinting at a potential trend for future quarters.
Sustainability's growing importance: The report also highlighted the increasing importance of sustainability in consumer purchasing decisions. While not a primary driver of brand rankings in Q4, Lyst noted a growing number of searches for sustainable fashion and brands that prioritize ethical production practices.
Emerging brands to watch
The Lyst Index also highlighted several up-and-coming brands that experienced significant growth in Q4. These include:
Charlotte Simone: The vintage-inspired outerwear brand saw a 242 per cent search surge after being worn by Taylor Swift.
Our Legacy: This Stockholm-based label gained traction with its minimalist and contemporary designs.
Demellier: The handbag brand's popularity soared, driven by its chic and functional styles.
Auralee: This Japanese brand's focus on high-quality materials and timeless designs resonated with consumers.
The Lyst Index report delves into specific case studies to illustrate the factors driving brand success. For instance, it highlights Coach's strategic approach to engaging Gen Z through social media campaigns and collaborations with popular influencers. The report also examines Ugg's resurgence, attributing it to the brand's ability to tap into the Y2K nostalgia trend and its clever use of TikTok marketing. Furthermore, the report analyzes Miu Miu's consistent success, noting its ability to balance high-fashion creativity with commercial appeal.
The Lyst Index for Q4 2024 offers a fascinating snapshot of the ever-changing fashion landscape. It underscores the importance of brand authenticity, consumer engagement, and the ability to adapt to evolving trends. As the industry continues to evolve, the Lyst Index remains an invaluable resource for understanding the forces that shape our fashion choices.
Pakistan's textile and apparel sector, faces a critical juncture as the European Union (EU) scrutinizes its commitment to human rights and governance under the Generalised Scheme of Preferences Plus (GSP+). Recent statements from EU officials, while acknowledging Pakistan's progress and its status as the largest GSP+ beneficiary, also carry a stark warning: continued trade benefits hinge on demonstrable progress on human rights and other key areas. This uncertainty casts a long shadow over the sector, raising concerns about potential economic fallout should the preferential trade access be revoked.
The stakes are high
GSP+ provides significant advantages to Pakistan's exports, particularly in the textile and garment sector. Zero-rated or preferential tariffs on nearly 66 per cent of tariff lines have led to a substantial increase in exports to the EU market. Between 2014 and 2022, Pakistan's exports to the EU rouse by 108 per cent, reaching €14.85 billion, with textiles playing a dominant role. The sector contributes significantly to Pakistan's GDP, employs millions of workers, and is a crucial source of foreign exchange. Withdrawal of GSP+ would not only impact export volumes but also reverberate throughout the entire value chain, affecting employment, investment, and overall economic stability.
The EU's concerns
While the EU acknowledges Pakistan's economic significance and its positive trajectory in some areas, the emphasis on human rights and rule of law remains paramount. The EU's concerns, though not explicitly detailed in recent statements, are around freedom of speech, rights of minorities, labor rights, and the implementation of international conventions related to these areas. Ambassador Skoog's statement underscores the need for "tangible reforms" and continued progress on these issues as Pakistan prepares for reapplication under the new GSP+ regulation.
What's at stake
For Pakistan a lot is at stake primarily it could lead to economic losses as reduced export earnings, job losses, decreased investment, will have negative impact on GDP. Withdrawal of GSP+ would also signal concerns about Pakistan's commitment to human rights and governance, potentially affecting foreign investment and international relations. What’s more, Pakistan's textile sector would lose its competitive edge in the EU market, potentially losing market share to other exporting nations.
Therefore, Pakistan needs a multi-pronged approach to address the EU's concerns and secure continued GSP+ status. First it needs to focus on diplomatic engagement or proactive and transparent dialogue with the EU to understand specific concerns and demonstrate progress on reforms. It als needs to take concrete actions, tangible improvements in human rights, labor rights, and governance, supported by legislative and administrative measures is the need of the hour. And close collaboration between government, industry, and civil society is needed to address the challenges and ensure compliance with international standards.
The future of Pakistan's textile sector is inextricably linked to its GSP+ status. A concerted effort to address the EU's concerns is crucial to safeguard this vital sector and ensure its continued growth and contribution to the national economy. Failure to do so could have significant and lasting consequences.
The Cotton Corporation of India (CCI) is urging farmers not to sell their cotton at low prices, assuring them that it will purchase all fair-grade cotton brought to its designated yards. This assurance comes as cotton prices hover around the Minimum Support Price (MSP).
Trade sources indicate that the CCI is handling upto 80 per cent of the cotton purchases with traders buying smaller lots. The Corporation has procured 8.6 million bales of cotton across India this season, informs LK Gupta, Chairman and Managing Director, CCI. This is significantly more than the 3,284 million bales procured during the entire last season, he adds.
The farmer’s MSP has been increased by 7.5 per cent. While lint cotton prices are at or below last year's levels, seed cotton prices have increased by 7.5 per cent compared to last year. This increase in MSP has increased the corporation’s role in supporting the country’s cotton farmers, avers Gupta.
Emphasizing on the CCI's commitment to continuous procurement, Gupta notes, any temporary suspensions in certain areas due to space constraints are typically resolved within a few days. All procurement centers across the country are expected to function normally by this weekend, he adds.
Some temporary gaps in procurement occurred in areas like Maharashtra, where a few factories closed briefly in late January due to high arrivals. However, Gupta describes this as a routine occurrence. As of last week, the CCI had purchased 3.85 million bales in Maharashtra
A new study by the University of Nottingham’s Rights Lab and GoodWeave International reveals the ongoing risks of modern slavery and child labor in Bangladesh’s garment supply chain. The report highlights exploitation in hidden, subcontracted factories and provides recommendations for stakeholders to protect workers and children.
Bangladesh’s ready-made garment (RMG) sector employs over four million people, mostly women, and exports 80 per cent of its products to Europe and the US. While labor conditions in export factories have improved since the 2013 Rana Plaza disaster, exploitation in subcontracted production remains largely undocumented.
With funding from UK International Development, researchers surveyed over 2,000 workers, including minors, across 20 industrial clusters in Dhaka and Chattogram. Findings reveal that child labor persists, particularly in subcontracted factories, with all minors interviewed being illegally employed. The study also found that 32 per cent of adult workers earn below the minimum wage, and 7 per cent live under the international poverty line. Nearly one-third of factory workers exceed legal overtime limits, and female workers earn significantly less than men. Additionally, 56 per cent of surveyed workers reported experiencing threats or abuse, with women and minors being the most affected.
The report urges the Bangladeshi government, global brands, suppliers, and labor organizations to enhance supply chain transparency, enforce due diligence, ensure fair wages, and implement stronger protections against child and forced labor. It calls for establishing effective grievance mechanisms to safeguard worker rights.
The Rights Lab and GoodWeave will hold a series of events to discuss the findings, starting with a virtual session at the 2025 OECD Forum on Due Diligence in the Garment and Footwear Sector on February 10.
Flagship company of the LNJ Bhilwara Group, RSWM will blend traditional wisdom with modern technology with its showcase of ‘Panchtatva’ inspired textile innovations at Bharat Tex 2025.
RSWM's ‘Panchtatva’ initiative embodies Prime Minister Narendra Modi's ‘Mission LiFE,’ a people-to-planet approach. It highlights mindful textile innovation and a commitment to a sustainable future, reflecting India' s heritage of harmony with nature while focusing on future-ready products that meet evolving lifestyle needs. RSWM will exhibit at Booth B6, Hall No.1 and C,17, Hall No.6 at Bharat Mandapam, New Delhi, from February 14-17, 2025.
RSWM's ‘Panchtatva’-inspired products embody the five natural elements, combining protection, comfort, and innovation. Harnessing the power of fire, RSWM offers fire-retardant, UV-resistant, and heat-protective textiles with advanced thermoregulating technology. Drawing on the stability of earth, RSWM creates durable, sustainable products using organic cotton, hemp, jute, and biodegradable polyester. Reflecting water's fluidity, the textiles offer moisture-wicking, quick-drying, and water-repellent properties. Inspired by air's lightness, the collection includes breathable, anti-odor yarns, mesh knits, and lightweight denim. Finally, embracing the vastness of space, RSWM engineers future-ready textiles with high-tech fibers, graphene-enhanced fabrics, and adaptive materials, underscoring its commitment to sustainability and technological advancement.
Riju Jhunjhunwala, Chairman & Managing Director, RSWM, states, deeply rooted in a tradition that values both legacy and harmony with nature, the company’s ‘Panchtatva'-inspired innovations embody these elements, balancing tradition and sustainability. At Bharat Tex 2025, the company celebrates not just textiles, but the timeless connection between nature, culture, and craftsmanship."
Rajeev Gupta, CEO, RSWM, adds, Bharat Tex 2025 provides RSWM with a platform to showcase India’s leadership in sustainable textile solutions. Through the 'Panchtatva' initiative, the company blends ancient wisdom and modern innovation to create eco-conscious, functional, and globally competitive textiles. This aligns with the Prime Minister's vision for the industry as we build a responsible, future-ready textile ecosystem.
Guided by the ‘Panchtatva’ philosophy, RSWM’s sustainability initiatives are integrated across its operations. The company replaces coal-based boilers to use biofuels. Embracing earth's stability, it minimizes environmental footprint through tree planting, organic manure use, and recycled/organic fibers. Respecting water, its Zero Liquid Discharge system and water-saving measures conserve over 1.3 million kiloliters annually. Protecting air quality, RSWM reduces CO2 emissions by 800,000 metric tons yearly. Finally, inspired by space, the company generates 76.5 million kilowatts of renewable energy through solar and wind power.
Valued at $29 billion in FY2024, India's technical textiles market is poised for significant expansion, per the latest report by leading provider of risk management and monitoring services, Rubix Data Sciences.
As per this report, this growth is fueled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery. The report highlights the high growth expected in key segments like packtech, mobiltech, meditech, and agrotech due to increased investment and demand for high-performance fabrics.
Cutting-edge advancements, including energy-harvesting fabrics, PCM-based adaptive clothing, and smart e-textiles for sports and fitness, are shaping the future of this industry. Government initiatives such as the PLI scheme, PM MITRA parks, and quality control mandates are also playing a critical role in positioning India as a global leader in advanced textiles.
More than just durability, technical textiles are about intelligence, adaptability and sustainability, says Mohan Ramaswamy, Co-founder and CEO, Rubix Data Sciences. Budget 2025 has given the sector an added push towards sustainable innovation, automation, and smart materials. The industry’s landscape is evolving rapidly, be it in term of self-cleaning fabrics, military-grade protective gear, or biodegradable packaging. Businesses capitalizing on these advancements now will remain ahead of the curve, he adds.
As India strengthens its manufacturing base and expands its global trade footprint, Rubix Data Sciences continues to provide data-driven intelligence to help businesses navigate this industry shift. With global demand for high-performance fabrics on the rise, the Indian market presents significant opportunities for investment, exports, and innovation.
Monforts has installed the Baldwin TexCoat G4 digital spray unit at its Advanced Technology Center (ATC) in Monchengladbach, Germany, for customer trials. Integrated into one of the Montex stenter lines, the unit applies water-based chemicals such as softeners, antimicrobials, and flame retardants precisely to textiles.
When combined with Montex stenters, it can reduce water, chemistry, and energy consumption by up to 50 per cent compared to traditional pad application methods.
Monforts is supporting textile manufacturers in enhancing product quality while maximizing resource utilization. The ATC features two Montex stenter finishing lines, a Thermex range for continuous dyeing, and lab-scale systems for smaller trials, allowing customers to test fabrics under real production conditions.
Rick Stanford, VP of Global Business Development at BW Converting, notes the growing interest in the TexCoat G4, with several manufacturers eager to use the system. “This collaboration with Archroma and Baldwin is accelerating change in the industry, lowering resource consumption while improving productivity and quality,” he says.
Michael Schuhmann from Archroma highlights how this partnership will lead to further advancements in chemical functionalization and coloration, offering textile mills clear proof of efficiency under real-world conditions.
Salvatore Ferragamo CEO Marco Gobbetti, former Burberry chief, will step down on March 6 after three years, failing to revive sales at the luxury brand. Chairman Leonardo Ferragamo will assume executive duties until a successor is found.
Gobbetti, who joined in 2022, aimed to modernize Ferragamo but faced challenges amid slowing global luxury demand, particularly in Asia. The brand reported an 8.2 per cent revenue drop in 2024, with Asian sales plunging 19 per cent.
Gobbetti will receive a €4.5 million exit package after waiving his 2024 bonus. Ferragamo’s advisory committee, including former CEO Michele Norsa, will assist in leadership transition.
The family, which owns 54.3 per cent of the company, has repeatedly dismissed sale rumors despite years of struggles. Ferragamo’s stock has fallen two-thirds since Gobbetti took over.
