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Physical stores continue to remain relevant as new retail trends emerge

Physical stores continue to remain relevant as new retail trends emerge

  Major retail destinations across the globe struggled to sustain demand throughout 2020 and 2021 as they continued to grapple with domestic lockdowns and international travel bans. Landlords were forced to reconsider rental terms in a few markets as footfalls at stores declined. Extensive vaccination progr... Read more

Asia Pacific to dominate global textile growth as market moves to organic c…

Asia Pacific to dominate global textile growth as market moves to organic clothing

  Currently worth $530.97 billion, the global textile market is expected to grow at 8.3 per cent CAGR to reach $575.06 billion in 2022. The sector’s market share is expected to grow at 7.2 per cent CAGR and be worth $760.21 billion in 2026. Growth will be dominated by the Asia-Pacific market valued at... Read more

India-EU FTA to make trading system more fair and sustainable: Euratex

India-EU FTA to make trading system more fair and sustainable: Euratex

  The current trade balance between the European Union and India in textiles and clothing is hugely tilted in India’s favor. The EU annually imports clothing and textiles worth over €6 billion from India while exporting just half a billion worth of these products to India. India can leverage this... Read more

Fashion for Good’s first India report highlights textile recycling initiati…

Fashion for Good’s first India report highlights textile recycling initiatives

    To reduce dependence on virgin resources and decarbonize operations, the fashion industry needs to introduce, new textile recycling technologies, says Katrin Ley, Managing Director, Fashion for Good that recently released its most comprehensive report on textile waste recycling in India. Titled, &ls... Read more

Maternity apparels market to reach $41.3 billion value in 2031: Report

Maternity apparels market to reach $41.3 billion value in 2031: Report

  Latest Future Markets Insights report shows, global sales of maternity apparel will increase 5.8 per cent year-over-year in 2021. Demand for maternity apparels will be driven by growing number of women professionals continuing to work through their pregnancy From 2021-2031, global maternity apparels mark... Read more

APTMA outlines new reforms to stabilize Pakistan’s economy, boost exports

APTMA outlines new reforms to stabilize Pakistan’s economy, boost exports

    Sri Lanka’s economic fallout made headlines in the last few months. Pakistan is also on a similar path with most of the country’s foreign currency reserves fast depleting and inflation levels rising to unprecedented levels. The country’s exchange rates are also on a downfall while ... Read more

Sri Lanka’s Stretchline Holdings using the downturn to spread wings beyond …

Sri Lanka’s Stretchline Holdings using the downturn to spread wings beyond country’s shores

  The recent success of high-end apparel manufacturing nations like Sri Lanka can be attributed to three defining characteristics including robust secondary supply chains, high-skilled staff and a cost-competitive location. Sri Lanka has one of the most skilled workforce besides being strategically located,... Read more

Vietnam’s textile and garment exports continue to grow despite challenges

Vietnam’s textile and garment exports continue to grow despite challenges

  A conference organized by the Trade Promotion Department, Vietnam’s Ministry of Industry and Trade highlighted, the country has grown to be the third largest clothing exporter in the world. Vietnam’s textile and garment exports account for 6.4 per cent of the world’s total after China wi... Read more

Economic slowdown to impact global luxury sector: Survey

Economic slowdown to impact global luxury sector: Survey

  Nearly 59 per cent of respondents to a survey by the Global Expert Network members of the Luxury Institute believe, current economic slowdown will lead to a downturn in the global luxury goods and services sector. Around 41 per cent predict, current situation will lead to a recession in the global luxury ... Read more

Global secondhand market to grow at 11.2% CAGR from 2021-2031: Study

Global secondhand market to grow at 11.2% CAGR from 2021-2031: Study

  Increasing focus on sustainability is propelling the growth of global secondhand apparel market that is likely to expand at 11.2 per cent CAGR from 2021-2031. Sales through online channels are likely to grow at 17.9 per cent CAGR through the assessment period, says latest Future Markets Insights report. ... Read more

India’s apparel retail revenues to grow 13% in FY2023: ICRA

India’s apparel retail revenues to grow 13% in FY2023: ICRA

   Upgrading the retail sector’s outlook from negative to stable, credit rating agency ICRA projects a 13 per cent revenue growth for the sector in FY2023, with operating profit margins rising by 150 bps to 8.2 per cent Y-o-Y. Retailers curb discounts as costs increase Reduced sales compelled r... Read more

Global apparel and footwear exports reach $582.1 billion in 2021: Study

Global apparel and footwear exports reach $582.1 billion in 2021: Study

    Consumer’s desire for fast fashion continues to grow stronger with each passing year, shows the latest data from FactSet compiled with the data from United Nation’s Comtrade Using UN customs export data by countries, the report shows, the apparel and footwear industry manufactured and e... Read more

New investments, laws to help sustain Bangladesh’s home textile export grow…

New investments, laws to help sustain Bangladesh’s home textile export growth

    Home textile has gradually become the second most export earning sector for Bangladesh after readymade garments. A recently report from Export Promotion Bureau shows, Bangladesh’s home textiles grew 41.3 per cent to $1.46 billion during July-May 2021-2022. In fiscal 2021-22, Bangladesh’s... Read more

Hike in minimum wages plays havoc in Los Angeles apparel manufacturing indu…

Hike in minimum wages plays havoc in Los Angeles apparel manufacturing industry

  The 7 per cent hike in the minimum wages of workers in Los Angeles is impacting apparel makers in the city. The hike is leading to an additional $60,000 a week in wages for workers in the city. According to Dov Charney, Founder, Los Angeles Apparel, it forces the domestic manufacturer to be more efficient... Read more

Greater transparency can help address fashion industry issues: Report

Greater transparency can help address fashion industry issues: Report

  The latest Fashion Transparency Index by Fashion Revolution says, world's largest fashion brands and retailers will have to increase transparency to tackle the climate crisis and social inequality. Ranking 250 of the world’s largest fashion brands and retailers for their public disclosure of human r... Read more

A strong differentiation strategy can boost resale companies’ businesses, s…

A strong differentiation strategy can boost resale companies’ businesses, say experts

The pandemic has fuelled US consumers’ love for pre-owned fashion. A report by resale clothing website ThredUp, shows, in 2020, the pandemic year, around thirty-three million consumers in the country bought secondhand apparel for the first time. Around 76 per cent of these first-time buyers plan to increase the... Read more

US fashion industry optimistic about future prospects: USFIA Study

US fashion industry optimistic about future prospects: USFIA Study

Optimism thrives in the global fashion industry with 77 per cent respondents to the 9th annual Fashion Industry Benchmarking Study expecting brighter prospects for the industry over the next five years.  Conducted by, The United States Fashion Industry Association (USFIA) the study surveyed over 30 leading fashi... Read more

Sales recovery drives up apparel brands expansion plans in India

Sales recovery drives up apparel brands expansion plans in India

Apparel retail has started buzzing again with prices increasing in both India and globally. The apparel and footwear segments in India are growing in double digits with offline retailers’ revenues rising almost 25 per cent this year, as CRISIL report indicates. Encashing on this, Indian apparel retailers are se... Read more

Booming sales drive apparel prices as consumers shop for more high-end garm…

Booming sales drive apparel prices as consumers shop for more high-end garments

Refreshing wardrobes has now become more expensive for consumers with apparel prices rising 0.8 per cent in June compared to May and 5.2 per cent year over year, according to the US Bureau of Labor Statistics’ consumer price index.  In recent times, many apparel retailers including Target, Gap and Walmart... Read more

China’s stockpiling move fails to boost cotton prices

China’s stockpiling move fails to boost cotton prices

To boost recovery of China’s cotton market, Beijing aims to buy half a million tons of Xinjiang cotton for state reserves. China’s cotton market has been on decline ever since US announced ban on cotton made in Xinjiang. Beijing has announced plans to buy between 300,000 and 500,000 tons of Xinjiang cott... Read more

European apparel makers urge nearshoring textile machinery

European apparel makers urge nearshoring textile machinery

Apparel makers are urging European manufacturers of equipment ranging from embroidery machines to textile cutters to bring back production closer home. Arthur Kitta, Head-Sales-Europe and Africa, Durkopp Adler GmBh attributes this to the desire of factories in Europe, North Africa and Middle East to expand and moder... Read more

Maintaining price-flexibility will help brands tide over recession: Report

Maintaining price-flexibility will help brands tide over recession: Report

Fast fashion brands across the US and the UK markets have increased price points across, reveals latest data from Stylumia. Based on latest analysis by KPMG, the report compares retail list price of select brands and retailers in the standard and fast-fashion segments. The performance of these brands and retailers is... Read more

China’s textile industry outlook remains bleak as 30% companies report loss…

China’s textile industry outlook remains bleak as 30% companies report losses

The outlook for China’s textile industry is rather bleak. Nearly, 30 per cent companies have reported a loss in the first five months of this year, as per data by China National Textile and Apparel Council. Similarly, companies’ total profit declined 20 per cent compared to the same period last year. The ... Read more

Plant-based materials to dominate A/W 2022-23 collections: Textile Intellig…

Plant-based materials to dominate A/W 2022-23 collections: Textile Intelligence

The European fashion industry seems to be going back to nature as fabrics made from plant-based materials are set to dominate most collections in autumn/winter 2022-23 season. A report titled ‘Survey of the European fabric fairs for autumn/winter 2022-23,’ by the global business information company Textil... Read more

Big fashion brands continue to grow with new partnerships and collections

Big fashion brands continue to grow with new partnerships and collections

After last year’s record number of partnerships, the fashion industry is witnessing a few big partnerships this year as well. Some major partnerships are from design houses like Louis Vuitton, Gucci, Prada, Balenciaga, etc. The first of these partnerships includes the collaboration of Kanye West and Gap’... Read more

Bangladesh ready to cope to EU’s new sustainability decision

Bangladesh ready to cope to EU’s new sustainability decision

Apparel Industry experts in Bangladesh believe, the country is fully equipped to cope with the European Union’s recent decision end to fast fashion by 2030 The EU recently announced an expansion of its eco-design rules in textile products. The Union also urged big companies to disclose the volume of unsold inv... Read more

Moscow Fashion Week (June 20-26, 2022)
Lubovi BOY 0595
 PHOTO      Designer Lubovi      VIDEO 
Julia Dalakian BOY 1487
 PHOTO      Designer Julia Dalakian      VIDEO 
IANIS CHAMALIDY BOY 0741
 PHOTO      Designer IANIS CHAMALIDY      VIDEO 
Das BOY 0473
 PHOTO      Designer DAS      VIDEO 
ZA ZA BOY 0849
 PHOTO      Designer ZA_ZA (St. Petersburg)      VIDEO 
Dear Passenger N. BOY 0039
 PHOTO      Designer Dear Passenger N. (St. Petersburg)      VIDEO 
Maison Kaleidoscope BOY 0552
 PHOTO      Designer Maison Kaleidoscope      VIDEO 
Maison ESVE BOY 1097
 PHOTO      Designer Maison ESVE      VIDEO 
BÜRO UNIQUE x Gala Borzova BOY 0956
 PHOTO   Designer BÜRO UNIQUE x Gala Borzova    VIDEO 
SHOCKING AFTERTASTE BOY 0467
 PHOTO   Designer SHOCKING AFTERTASTE    VIDEO 
Zuhat BOY 0515
 PHOTO   Designer ZUHAT   VIDEO 
KISSELENKO St. Petersburg BOY 0786
 PHOTO   Designer KISSELENKO (St. Petersburg)   VIDEO 
Loom by Rodina BOY 1243
 PHOTO   Designer Loom by Rodina   VIDEO 
TANYA KOTEGOVA BOY 2953
 PHOTO   Designer TANYA KOTEGOVA (St. Petersburg)   VIDEO 
VANYA VANIN BOY 3621
 PHOTO   Designer VANYA VANIN   VIDEO 
DISOBEDIENCE St. Petersburg BOY 1614
 PHOTO   Designer DISOBEDIENCE (St. Petersburg)   VIDEO 
BITTE RUHE BOY 2367
 PHOTO   Designer BITTE_RUHE   VIDEO 
AKHMADULLINA BOY 4245
 PHOTO   Designer AKHMADULLINA   VIDEO 
STUDIO 29 BOY 0505
 PHOTO   Designer STUDIO 29   VIDEO 
VESTIAIRE BOY 0368
 PHOTO   Designer VESTIAIRE   VIDEO 
White Crow BOY 1364
 PHOTO   Designer White Crow   VIDEO 
1377 Volgograd BOY 0184
 PHOTO   Designer 1377 (Volgograd)   VIDEO 
Measure BOY 0453
 PHOTO   Designer Measure   VIDEO 
Gerda Irene BOY 0321
 PHOTO   Designer Gerda Irene   VIDEO 
VICTORIA ANDREYANOVA BOY 0645
 PHOTO   Designer VICTORIA ANDREYANOVA   VIDEO 
Sasha Gapanovich Murmansk BOY 1386
 PHOTO   Designer Sasha Gapanovich (Murmansk)   VIDEO 
SHATU 1997 Kirov BOY 0032
 PHOTO   Designer SHATU 1997 (Kirov)   VIDEO 
Dima Magny BOY 0012
 PHOTO   Designer Dima Magny   VIDEO 
ABZAEVA Ulan Ude BOY 0444
 PHOTO   Designer ABZAEVA (Ulan Ude)   VIDEO 
MASTERPEACE BOY 0156
 PHOTO   Designer MASTERPEACE   VIDEO 
ESTER ABNER BOY 3864
 PHOTO   Designer ESTER ABNER   VIDEO 
SERGEY SYSOEV BOY 0562
 PHOTO   Designer SERGEY SYSOEV    VIDEO 
TRUSTME STUDIO BOY 0673
 PHOTO   Designer TRUSTME STUDIO    VIDEO 
JENESAQ BOY 0651
 PHOTO   Designer JENESAQ    VIDEO 
VALENTIN YUDASHKIN BOY 2107
 PHOTO   Designer VALENTIN YUDASHKIN    VIDEO 
ANNPOLYAKOVA Krasnoyarsk BOY 0432
 PHOTO   Designer ANNPOLYAKOVA (Krasnoyarsk)    VIDEO 
EXPERT OPINION
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TEXTILE TECHNOLOGY UPDATE

INSIGHTS

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Spurring the biggest economic contraction since World War II, COVID-19 has hit every sector from finance to hospitality. Its discretionary nature makes the sector particularly vulnerable, say McKinsey... Read more

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

Top global brands/retailers have been flocking to Bangladesh for the quality of denim products at competitive prices. A new relatively new entrant in denim, Bangladesh expects strong demand for their ... Read more

COVID-19 is not the only reason for decay of brands and retailers today

COVID-19 is not the only reason for decay of brands and retailers today

Even before COVID-19 pandemic, most Western brands and retailers were struggling to survive. In the new millennium, brands and retailers increased their reach to new geographies by opening more and mo... Read more

McKinsey suggests five strategies for fashion companies to combat COVID-19

McKinsey suggests five strategies for fashion companies to combat COVID-19

Even as brick-and-mortar shut down, fashion firms can position themselves for recovery when the COVID-19 pandemic fades, says a McKinsey study. However, to achieve these objectives, firms need to firs... Read more

Time for brands to protect the industry by standing by their commitments

Time for brands to protect the industry by standing by their commitments

CANCEL the shipments, is not the right word at the moment, perhaps to HOLD could be more reasonable. Brands should stand by their commitments as their orders are already in process. This is the only ... Read more

 
COTTON INDEX
Cotton - Daily Price - Commodity Prices - Price Charts, Data, and News - FashionatingWorld
 
eZine
eZine
 
Coronavirus Impact
LEADERS SPEAK

‘Retailers need to inform customers about the category of masks they are selling’

Bobby Arora, Director, Status Quo

Bobby Arora Status Quo“We wait for customers to come into our stores. At this moment it is important for every offline retailer to reach out to their customers and tell them about the new products they have started selling. They need to tempt and bring their customers to buy their product and when they buy they will obviously come in and buy more products. Sometimes even though we do not want to buy online but the continuous rotation of ads tempt us to buy the product but this doesn’t happen offline. In today’s situation retailers will have to adopt this approach of showing customers the products they need as it could be they are delaying the purchase of these products.” 
Read Full Interview Here

“China’s superiority may remain unchanged even after COVID-19”

Akira Kawashima, Senior Director, Japan Fashion Week Organization/Textile Division
Akira Kawashima Senior Director“Due to the turmoil caused by COVID-19, global apparel and textile industry has been greatly affected. In Japan, many people are forced to work from home and consequently not only individual workers (including freelancers) but also company employees are frightened of large-scale personnel-cuts. Incomes have reduced to 60 per cent of normal. Amid such a situation, people’s desire for ‘dressing’ is low. This tendency will continue for a while even after COVID-19 is over, which will lead to local small-mid-sized textile companies suffering from lack of funds, as they cannot wait for recovery, causing more bankruptcy and/or voluntary closures.” 
Read Full Interview Here

“Discount retailers and value-oriented brands stand to win”

Usha Periasamy, Director, Brands & Operations, Classic Polo
Usha Periasamy Director Brands Operations Classic Polo“Consumer spending is dramatically curtailed during a recession. Consumers have adopted short-term behaviour during the pandemic that in many cases will become permanent, as a lesson learned from such unprecedented occurrences. Not only do consumers become more financially conservative but also credit may become less available and a large cohort may go into default on their debt, dramatically limiting purchasing power. Consumers will wake up from the pandemic in a new economic reality, changing their commercial behaviours in extreme ways.
Read Full Interview Here

“Deferral of some duty payments and import fees would provide needed liquidity” 

Steve Lamar, President and CEO, AAFA
Steve Lamar President and CEO AAFAUS deferred duty payments on some imports for 90 days. American Apparel & Footwear Association (AAFA) President and CEO Steve Lamar agreed the deferral of some duty payments and import fees would provide "some of the liquidity needed to keep more Americans employed and more American companies operational during this crisis."
But he added: "Limiting the goods that qualify for deferral will in turn limit the relief that is provided for America's employers and also limits the beneficial impact for US supply chains that have been mobilised to meet the personal protective equipment shortage we face domestically. We urge that all goods – including textiles, apparel, footwear, and accessories facing Section 301 tariffs – be covered by this deferral action. Every day we have to pay those duties means another day we can't pay our workers." 
Quoted in Just-Style

Don’t use this opportunity to stitch up suppliers’

Simon Carter, Founder, Simon Carter menswear brand, UK
Simon Carter Founder Simon Carter menswear brand UKMy approach at the moment is that if you don’t need the expense, cut it, but don’t use this as an opportunity to stitch up suppliers. We are hearing stories of brands and retailers that are doing that but in my opinion it won’t serve them well in the longer term. The supply chains are going to be ravaged after this and you will need them. People will remember.
Cut costs and try to keep your cash where you can but you will be judged at the end of this. Try and make low level payment plans at the very least. Similarly, the Coronavirus Jobs Retention Scheme is very generous scheme. Be very careful with the furlough process and don’t abuse it. The government will be checking up. 
Quoted in UKFT

Crisis presents opportunities, and we will be ready to act on those that make good strategic sense”

 Chip Bergh, CEO, Levi Strauss
Chip Bergh CEO Levi Strauss“I also believe that crisis presents opportunities, and we will be ready to act on those that make good strategic sense,” said Chip Bergh, CEO, Levi Strauss , “ not underplay the human cost of the pandemic, or the need to protect employees,” he said, during a conference call with investors.
“Whether that’s taking back underperforming franchise businesses, or upgrading real-estate locations because of retail bankruptcies, or finding great talent in a decimated job market, the crisis gives us an opportunity to not just renew the business, but to reset it for the future.”
“We will play to our strengths, leveraging the strength of the brand, our connection with our fans, and the digital capabilities and omnichannel capabilities that we’ve invested in over the last few years,” he added. 
Quoted in WARC

“Coronavirus lockdown has changed our lifestyles in ways that make buying new clothes particularly irrelevant”

Andrew Lipsman, Principal Analyst, eMarketer
Andrew Lipsman Principal Analyst eMarketerConsumers are actually spending more on essential goods: Grocery stores saw a 26.9% increase in spending and health stores saw a 4.3% increase. This is partly because these are the only brick-and-mortar stores that are allowed to remain open right now, but it is also because consumers are worried about spending money unnecessarily with a significant recession looming on the horizon. Across the board, sectors that rely on discretionary spending have seen declines. “There is a lot of uncertainty and anxiety about the future,” says Andrew Lipsman, principal analyst at the research firm eMarketer. “People are shifting their spending to focus on the things they really need and cutting their budgets on less essential goods.” Quoted in Fast Company
Read Full Interview Here

‘India can take advantage of this situation and increase its textile exports’

G B Aras, Director Textile Engineering Group, ATE
G B Aras Director Textile Engineering Group ATE“One inherent advantage Indian textile industry has is that we are fully independent as far as the supply chain is concerned. Compared to other industries like pharmaceutical, electronics etc, their supply chain is dependent of global suppliers including China. So the industry that can really take advantage from global market with sustainable increase in exports is textile. If the government realizes this and gives proper support the industry will bounce back faster and increase its export share.”
Read Full Interview Here

“Buyers and Sellers should plan together to see how they can sustain”

K K  Lalpuria, MD, Indo Count 
K K Lalpuria MD Indo Count“The current situation is very uncertain, complex and unprecedented. Customers who closed their stores or point of sales have no option but to cancel their orders. In fact, we are unable to ship to even those who have not cancelled their orders. Some have deferred it where there is low impact believing it may start by the first week of June. As the situation has impacted both parties in the business they should take each other’s views in resolving issues; should be open for suggestions and see mutually how they can minimize the loss. They should plan together to see how they can sustain their market share and build on opportunities.
Read Full Interview Here

‘We need to learn from this crisis and push ourselves to be self-dependent’

R K Agarwal, Chairman, Telangana Spinners Association
R K Agarwal Chairman Telangana Spinners Association“Not only India and but the entire world is realizing, we need to have alternate supply sources. Indeed, this is a big eye opener for everyone more so for us since we are in competition with China. There is nothing that stops us from creating large capacities where we will be able to cater to the world’s requirement in various segments, and fulfill the entire value chain in apparel and the downstream industry. I am sure, many entrepreneurs will come forward to assess the pitfalls we are going through and the lessons learnt from them. In future, some investments will go through in fabric and other raw materials that we are sourcing from China. We need to learn from this and push ourselves to be self-dependent.” 
Read Full Interview Here

‘There is an opportunity for India as everyone will look for an alternative source’

Ramesh Poddar, Chairman, Siyaram
Ramesh Poddar Chairman Siyaram“Definitely there is an opportunity for India as everyone will look for an alternative source. Hence, if we are able to exploit this chance, then definitely there is a possibility for India to be the next sourcing hub. China on the other hand has the advantage of bulk production and to get that kind of advantage and to come to their cost structure will take time though our labour costs are comparatively the same and the advantage they have is of mass scale production. I feel India should take this challenge and fill the gap." 
Read Full Interview Here

‘Future apparel sale will depend on the sentiment that prevails after COVID-19’

R K Rewari, Managing Director, Morarjee  Textiles 
R K Rewari Managing Director Morarjee Textiles“It is wait and watch strategy as we have been informed by customers due to the pandemic all orders are on hold. We can prepare ourselves for future challenges of low demand. Low demand means markings are also low and competitiveness is higher in the market this puts pressure on us to go back to basics to see our cost structure, ways of doing business etc. Many things might change. One is low demand, and the other is new rules of conducting business, most of which will be through video conferencing etc. It looks like there could be a systematic change in overall structure. We are preparing ourselves by keeping our morale high, think positive and identifying the gaps that need to be filled to enable us to meet the challenge of demand whether it is low or high." 
Read Full Interview Here 
“When will life go back to normal? Hopefully never” 
Marina Gorbis, ED, Institute for the Future
Marina Gorbis ED Institute for the Future"The normal wasn't normal," said Marina Gorbis, executive director of Palo Alto's Institute for the Future. "The normal wasn't good." The Institute focuses not only on forecasting the future but also developing innovative solutions. "What kind of future do we want to live in?" she asks. "What kind of future do we want to create? And what can we do to promote that desirable future?" COVID-19 has disrupted what we thought was normal. Gorbis said we're at the first of three stages. The first is reaction to the crisis. Reset is second when we re-assess and evaluate what happened and why. The third is reinvention. For example, the pandemic has revealed weaknesses in hospital capacity and gaps in who has health coverage. The pandemic has exposed the need for government help with many households vulnerable when a paycheck ends. "The fact that millions of people don't have $400 in savings in case of emergency is unacceptable. That's not normal," "I don't want to go back to normal," she concluded. "We need to create a new normal."

“I do not think any country is equipped to replace China including India”

Thomas Verghese, Former-Chairman, CII Marketing, Retail and Textile Councils
Thomas Verghese Former Chairman CII Marketing Retail and Textile Councils“Lack of credibility and trust will lead to many large brands looking for alternative sourcing to China but I do not think any country is equipped to replace China including India.  India does not have that kind of capacity to feed global demand and are not in a position for bulk manufacturing of normal commodity items. We do more of customized exports. We don’t do manufacturing of bulk items. We don’t have that capacity and infrastructure at the moment. It will take two to four years minimum even if everyone is aligned and the government gives supporting fiscal and tariff benefits. Given the reality of Indian industry and government’s policy support measures, it seems an unrealistic expectation.”
Read Full Interview Here

‘Once the country opens up, we will face severe worker issues’

R D Udeshi, President, Polyester Chain, Reliance Industries
R D Udeshi President Polyester Chain“Once the country opens up after the lockdown, at the onset, we will face severe worker issues. Textile industry is a labour-intensive industry and with large number of workers having returned to their native bases before and during the lockdown, availability of labour would be scarce. This is generally noticed after festivals and we are likely to face a greater challenge in bringing them back to work. However, we expect things to normalize by May, assuming that the lockdown is partially and reasonably eased by April. Some units will restart aiding workers to return back to their manufacturing hub and situation would gradually stabilise” 
Read Full Interview Here
A slowdown in demand will be seen for fairly a long time 
Arvind Mathur, CEO, Raymond UCO Denims
Arvind Mathur CEO Raymond UCO DenimsThe garment industry is facing a challenging situation. While buyers have stopped orders as they are facing their own problems and production have been cut down but what is bothering is that payments are being held back in most cases. As for our own operations, due to the national lockdown we are adhering to government directives and have stopped work. Once the lockdown opens in India and globally, we will decide the market as most of our products are export based and we do not foresee any immediate change in the situation. There will be a substantial cut down of orders and orders that are on hold or pending may or may not come back soon. I feel, India’s lockdown may continue for a longer time even though I hope it does not extend beyond April 14. Even the domestic market may not be normal once the lockdown is over. A lot of thing has shifted dramatically during this period the impact is going to be for long term. A slowdown in demand both from domestic and export market will be seen for fairly a long time after the lockdown.”

In short to midterm, it would impact as there’s disruption in global supply chain

Dilip Gyanchandani, Country Manager, India, Wool Mark Company
Dilip Gyanchandani Country Manager India Wool Mark CompanyFrom the textile and garment industry prospective there would be short- to mid- term business impact on volumes as due to the lockdown working factories have come down to minimum production levels. From September onwards, normalcy should be restored but it will take about three to four months for the industry to bounce back. Things are looking good now but it is an uncertain period and is difficult to say something at this stage because it looks like we are containing the pandemic.
Read Full Interview Here

‘Once everything normalizes there will be a big momentum’

Debabrata GoshOerlikon, General Manager India 
Debabrata Gosh General Manager India Oerlikon“Once everything normalizes there will be a big momentum. The advantage is that we have a huge potential and such big domestic market hence we are not dependent on exports alone. I don’t see any threat for the textile industry. As for opportunities, we are expecting more export orders in future because the same has happened in the yarn segment and it will happen in the fabric segment also and the world will take India more seriously as a manufacturer. So far everybody was dependent on China. Since they offered cheaper rates, people switched to China but now the world will think in a different way to keep the supply chain active from India.”
Read Full Interview Here
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HOW TEXTILE RECYCLING WORKS

RGE to launch sustainable research center with NTU

   Singapore-based greentech manufacturing firm Royal Golden Eagle (RGE) plans to ... Read more

Vietnam’s textile exports rise by 17.7 % in H1FY’22: VITAS

   According to the Vietnam Textile and Apparel Association (VITAS), the country&r... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

Levi Strauss & Co collaborates with TGW Logistic Group for distribution…

   Levi Strauss & Co has collaborated with TGW Logistic Group to design, engin... Read more

Vietnam’s garment textile export turnover to reach $45.70% in 2022

   Vietnam hopes to clock $45.70 billion export turnover in garment and textile se... Read more

The Lycra Company partners with Browzwear

   The Lycra Company has partnered with Browzwear, a pioneer of 3D software for th... Read more

Japan’s textile, apparel imports grow by 8.8% in June

   Japan's textile and apparel imports grew by 8.8 per cent Y-o-Y but declined by ... Read more

Global denim market to grow at 6.7% CAGR from 2022-2029

   The global denim market is expected to grow at a rate of 6.7 per centCAGR in th... Read more

Hawico to expand operations

   A luxury Scottish Borders cashmere knitwear brand Hawico plans to expand after ... Read more

CISMA held from July 29-Aug 01 in China

   After being postponed for three times, CISMA 2021 was finally held from July 29... Read more

Kontoor Brands expects FY22 revenues to grow by 6%

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Zara collaborates with Renewcell for a recycled textiles collection

   Global fashion brand and part of Inditex Group, Zara has collaborated with Rene... Read more

US denim jeans market go grow at 3.14% from 2021-2025

   The US denim jeans market will grow at 3.14 per cent from 2021-2025 as against ... Read more

Vietnam’s garment –textile exports revenues grow by 20% Y-o-Y in July

   Revenues from Vietnam’s garment and textile exports grew by 20 per cent Y... Read more

Polyester and Polyester-cotton yarn trades higher in Ludhiana

   Better demand led to few counts and varieties of polyester and polyester-cotton... Read more

Global zippers market to reach $22,280 million by 2028

   Presently valued at $16.760 million, the global zippers market is expected to g... Read more

Fast fashion waste to reach 134 million tons by 2030: UN Charter on Climate…

   A statement from the United Nations Charter on Climate Action projects, waste f... Read more

Global textile colors market to reach $11.1 billion in 2032: Report

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Groz-Beckert to participate in 18th Indo Intertex

   Groz-Beckert will exhibit its innovations at the upcoming 18th Indo Intertex th... Read more

Asos appoints Elena Martinez Ortiz as new Director-Womenswear

   British clothing e-tailerAsos has appointed Elena Martínez Ortiz as its ... Read more

Synthetic clothing contributes to microfibre pollution in India: Report

   A new research report by environmental research organization Toxic Link reveals... Read more

GartexTexprocess India inaugurated in New Delhi

   Textile Secretary ShriUpendra Prasad Singh inaugurated the seventh edition of G... Read more

Plus size clothing market to grow at 5.7% CAGR till 2032

   The plus size clothing market is expected to grow at a 5.7 per cent CAGR from $... Read more

Ensure MMF garments are made from local yarn, urges BTMA

   Mohammad Ali Khokon, President, BTMA urged TipuMunshi, Commerce Minister to ens... Read more

Cotton conference in Coimbatore attended by 400 ginners and traders

   Nearly 400 cotton ginners, brokers, spinners, and traders from different parts ... Read more

US apparel industry registers highest growth in July

   Eleven manufacturing industries in the US reported growth in July, with apparel... Read more

Vietnam hopes export earnings from garment-textiles to rise to $45.7 billio…

   Vietnam expects to earn $45.7 billion from garment-textile exports this year am... Read more

SpydaSilk representatives attend SaigonTex

   Representatives of KraigBiocraft Laboratories, Inc’s apparel brand SpydaS... Read more

ReshaMandiforays into the global market

   India’s largest farm-to-fashion natural fibre digital ecosystemReshaMandi... Read more