Good times are spinning for the Indian hosiery industry expectations unfold for a ten-fold growth in the next 25 years with focus on a long-term adoption of good cotton farming practices and India becoming more self-reliant. Like a fish in troubled waters, now is the time for India to increase its global ... Read more
When the sector’s growth percentage for 2022 is at 22per cent, then luxury can claim to have returned to its pre-pandemic glory. As per a Bain & Company Luxury Study presented earlier this week in Milan, the news is good for a sector that took a beating during the last two pandemic years. ... Read more
Vietnamese textile and garment factories are currently in muddy waters as they are facing lower-than-expected orders from key trading partners along with a decline in cotton and yarn, fabrics and textile exports over the last two months of September and October.
The fluctuations are however slight and an... Read more
From a proud stamp of ‘Made in India’, Modi’s vision of a ‘Make In India’ dream project has now completed eight years with annual FDI doubling to $83 billion while transforming the country into a leading global manufacturing and investment destination. This flagship program o... Read more
With COP 27 underway at Egypt’s Sharm El Sheikh, the fashion industry and its associates are present in large numbers to attend exhibitions, discussions and announcements pertaining to the sector that is under the spotlight for its excesses. For a while now, the global fashion industry has bee... Read more
The US Cotton Trust Protocol established in 2020, has become the international benchmark for the sustainable farming of cotton worldwide in two years. Its commitment, transparency, meticulous data capture and aggregation that leads to annual reports has won over more than 40 global brands as members, such... Read more
The world spent two years in lockdown, with varying intensities based on local laws and work from home became the norm. Indeed, professionals are finding it hard to break in 2022. Is it any wonder then that sleepwear and loungewear the preferred garments for spending time at home has turned to comfortable... Read more
Gujarat’s industrial clusters are losing order volumes and revenues to falling demand. As orders dwindle, operating margins are shrinking.A trifecta of headwinds — high domestic cotton prices, dwindling exports and grossly underutilized capacities — has eroded the profitability of ... Read more
The Global Organic Textile Standard (GOTS) which was set up by leading standard setters to define worldwide recognized requirements for organic textiles is now forming many new rules to increase its credible assurance and protect the integrity of the organic cotton supply chain.
The GOTS certification en... Read more
There is no dispute over the tremendous success of fast fashion and despite questions being raised about it using the planet as a dumping ground, its popularity continues. Globally, this segment of the fashion industry grew from $91.23 billion in 2021 to $99.23 billion in 2022 at a compound annual growth ... Read more
Even though the latest Euromonitor International Industry Forecast statistics point towards a mere 4 per cent rise in global sales of personal accessories by the end of 2022, recovery to pre-pandemic value sales levels is around the corner the study indicates. Despite recent marginal slowdown thanks to th... Read more