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Apparel Textile Sourcing Miami will be held from May 20 to 22, 2019. This is the second edition of Florida’s first ever international apparel and textile show. It is the largest apparel and textile sourcing show in the southern US and Latin America.

Dozens of apparel and textile organizations – from some 15 countries –will have a presence at the show. ATSM 2019 event, which presents three days of networking, seminars and fashion shows and connects Southeastern US, the Americas and the Caribbean to the production world of apparel, textile, and fashion – will host more than 300 international and domestic manufacturing companies exhibiting a wide range of products and process solutions in the field of manufacturing and sourcing services.

The 2019 event is expected to double in size from this year’s inaugural show. Apparel Textile Sourcing Miami is expected to attract a large number of domestic and international industry decision makers and promote Florida as a premier destination for the industry and stimulate the local economy.

The China Chamber of Commerce for Import and Export of Textile and Apparel, the largest textile and apparel trade agency in the world, supports ATSM. ATSM’s sister shows are Apparel Textile Sourcing Canada and Apparel Textile Sourcing Germany.

 

Thursday, 22 November 2018 12:56

Levi Strauss plans IPO in 2019

Levi Strauss is planning an initial public offering. The company is likely to go public in the first quarter of 2019 and is aiming to debut with a valuation of about five billion dollars. This could be the company's return to the public markets, nearly five decades after going private.

The company first went public in 1971, but descendants of Levi Strauss, the creator of the blue jeans, took the company private shortly after. For the latest quarter the company’s sales rose ten per cent and net income jumped 44 per cent, mainly due to demand for its jeans at both retail stores and online.

Levi Strauss has undertaken a series of leadership moves designed to streamline decision-making and consolidate accountability for core business growth drivers. The company has established a new strategy and analytics organization, elevating the importance of data and analytics and pairing it with strategy to shape the future. This addition reflects the company’s belief that it has an untapped competitive advantage in unleashing the power of data and analytics.

The expansion of its retail network along with the emergence of digital has increasingly given the company a direct relationship with consumers — one that did not exist when the company was exclusively a wholesaler.

 

Thursday, 22 November 2018 12:55

JC Penney sales down five per cent in Q3

For the third quarter JC Penney’s net sales declined 5.8 per cent. Comparable sales fell 5.4 per cent on an unshifted basis. Marking out the calendar shift this year due to the 53rd week in 2017, comparable sales dropped down by 4.5 per cent.

The US-based department store chain’s women’s and men’s apparel along with accessories were the brand’s top performing segments in the recently concluded quarter. The company expects comparable sales for fiscal 2018 to be in low single digits. JC Penney operates more than 860 stores across the US, Puerto Rico and also offers its services via its exclusive e-commerce platform.

JC Penney finds itself weighed down by years of errors and muddled attempts to establish a clear identity with shoppers.

By the end of 2010, sales had fallen ten per cent from their 2006 high. Without testing shoppers’ reactions first, JC Penney changed its advertisements, its logo, its store designs and its pricing model, all attempts to make the retailer more palatable to wealthier shoppers. Penney ditched top private-label brands with loyal followings and introduced new ones that had little relevance to low- and middle-income customers.

As rivals adopted digital strategies and invested to improve their store experiences, Penney's financial distress gave it little room to spruce up stores, buy trendy merchandise, and hire more employees.

 

Thursday, 22 November 2018 12:54

Gap to close underperforming stores

Gap will start closing a part of its 775 brand specialty stores globally, due to underperformance. Details on the locations and sequencing of the upcoming closures are yet to come, but the specifics should come as part of the forecast for FY2019., Gap plans to continue growing its e-commerce business, which makes up roughly 20 percent of revenue, and the more than 500 Gap outlet stores that account for about 30 percent of total Gap Global revenue.

The other 50 per cent of revenue for Gap stores all comes from the ailing specialty store segment of Gap Global and there is a wide variance in profitability among the group. The company’s sales declined 7 per cent in Q3 and earnings per share guidance for FY2018 narrowed to $2.55 to $2.60 from the previous guidance of $2.55 to $2.70. Meanwhile, sales were up 4 percent at Old Navy and up 2 percent at Banana Republic.

 

C&A has released the world’s first Cradle to Cradle certified Gold denim jeans. The jeans innovation posed both a material and design challenge that required designers to be open-minded and flexible in the way they utilized materials.

Cradle to Cradle is a science-based quality certification that acknowledges continuous improvement and innovation of products and processes. The release of C&A’s jeans comes on the heels of the first ever Cradle to Cradle certified Gold, fully compostable T-shirt collection launched in 2017. The denim jeans provide an example of ways to collaborate within the industry to split the materials into biological and technical nutrients to create a closed-loop system of design.

The challenge was in creating a garment that has the same performance as traditional models, but doing so in a way that is either 100 per cent technical or 100 per cent biological to allow them to return to their respective cycles at the end of use. Another option, which was adopted for the jeans, was to make them easily separable so the biological and technical nutrients can return to their respective cycles.

All the components in the jeans were made to be easily separable so that the biological and technical nutrients can return to their respective cycles.

 

Thursday, 22 November 2018 12:50

Denim jeans wave continues unabated in the US


Although denim jeans are mostly known as a fashion garment, they are still worn as protective garments by some individuals, such as cattle ranch workers and motorcycle riders, due to their high durability as compared to other common fabrics. The global jeans market is growing at a CAGR of 0.8 per cent from 2018.

Denim jeans are a cornerstone of the American wardrobe and an important cotton product accounting for almost one-fifth of all cotton clothing at retail. They are purchased for durability, longevity, and versatility because consumers find greater value in a product they know will last longer and fit better; therefore price is not the main factor in the denim jeans purchase decision, unlike other clothing. This positioning ensures that denim jeans will continue to have a place on store shelves and in consumers’ closets.

Denim is on the upswing in the US. Retailers are starting to rebuild their denim assortments. Brands that are consumers’ favorite are Levi’s, Lee, Wrangler, Gap, Old Navy and so on.

European consumers want more transparency from apparel brands and retailers. They want fashion brands to publish the factories used to manufacture their clothes and they want fashion brands to say where the materials used in their products come from.

As per a study by Fashion Revolution, supply chain transparency and sustainability impact consumers’ purchasing decisions when shopping for clothing, accessories and shoes. When buying clothes, more than one in three consumers consider social and environmental impacts. For more people buying clothes made by workers paid a fair, living wage is important than any other topic including environmental protection, safe working conditions, animal welfare, local production and use of recycled materials.

Most people think it is important for fashion brands to reduce their long-term impacts on the world by addressing global poverty, climate change, environmental protection and gender inequality. People have an urgent, emotional desire to know more about how their clothes are made, and that they haven’t harmed the environment, the people who made them nor were tested on animals. And they want governments to hold brands and retailers to account to ensure this happens.

Fashion Revolution surveyed some 5000 European consumers aged 16 to 75 in the five largest European markets, including Germany, United Kingdom, France, Italy and Spain.

A recent report by Allied Market Research reveals, the global digital textile printing machine market is expected to reach $1,248 million by 2024, growing at a CAGR of 10.0 per cent from 2018 to 2024.Surge in consciousness toward fashion and trends among consumers and growing adoption of sustainable and eco-friendly printing methods will drive market growth.

The direct-to-garment (DTG) segment is expected to grow at the fastest CAGR of 10.3 per cent from 2018 to 2024 due to high efficiency of DTG printers for short-run orders and their extensive use in the production of customised garments such as sportswear, pillow covers, tees, bottom wear, tops, and others.

However, the direct-to-fabric (DTF) segment is expected to remain dominant through the forecast period. This is because of the ability of DTF printers to print on a variety of materials such as cotton, rayon, silks, polyester blends, and others. Enhanced speed, higher print quality, and superior color gamut provided by DTF printers offer lucrative prospects for growth.

Europe contributed about 37 per cent of the total market share in 2017, while Asia-Pacific is expected to grab the largest market share by 2024, registering the fastest CAGR of 12.8 per cent from 2017 to 2024.

 

Thursday, 22 November 2018 12:46

Cotton Incorporated focuses on denim recycling

Keeping denim out of landfills is a big priority for Cotton Incorporated. The company’s Blue Jeans Go Green program founded in 2006 allows people to recycle their old denim clothing of any brand in exchange for savings on new pairs of jeans. The program has collected more than two million pieces of denim. Those who’d like to recycle their denim jeans, skirts and similar items are able to drop them off at select clothing retailers, which offer a discount on a new pair of jeans.

The collected denim will be returned to its natural cotton fiber state and upcycled into Ultra Touch Denim Insulation for housing organizations across the US, helping to divert denim from landfills where millions of pounds of textiles are discarded annually.

To date, the program has kept over 700 tons of textile waste out of landfills. The Ultra Touch Denim Insulation is made of 80 per cent post-consumer recycled denim. It’s durable, environmentally friendly, has great sound absorption and is also mildew resistant. It’s a high-quality housing insulation product.

The average American throws away approximately 70 pounds of clothing and other textiles each year. Textile waste, including denim, which is made from biodegradable cotton, takes up nearly five per cent of all landfill space.

 

Fashion firms fear they will have to stop sourcing from Bangladesh if Accord ceases operations. One of these is Esprit, which produces about a third of its garments in Bangladesh. They feel the closure of Accord’s office will undermine the reputation of the textile industry.

Accord has been asked to cease operations on November 30, 2018. Accord has inspected more than 2000 factories in Bangladesh and helped draw up plans to fix 1,50,000 structural and fire hazards. Some 90 per cent of those issues have since been addressed.

More than 200 firms - including the world’s top fashion retailers like Inditex and H&M - signed the legally-binding, five-year Accord after at least 1,100 people were killed when the Rana Plaza complex collapsed. Low wages have helped Bangladesh build the world’s second-largest garment industry after China, with 4,000 factories employing about four million workers. The sector exports more than 30 billion dollars worth of clothes a year, mainly to the United States and Europe.

Brands fear the premature shut down of Accord, leaving workers in unsafe circumstances, would jeopardize brands’ ability to source from a safe industry and that activism in key market countries could make the Bangladesh brand toxic to consumers in spite of the tremendous improvements achieved in recent years.