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Asian apparel factories face danger of rising sea level

Asian apparel factories face danger of rising sea level

  A new analysis by researchers at Cornell warns, rising sea levels threaten to take large apparel producing areas across Jakarta, Phnom Penh, India, Bangladesh, Guangzhou, Columbo and Ho Chi Minh City underwater by 2030. The research uses the open-source factory database, classified under, the Open Apparel Reg... Read more

Delayed supplies threatening fast fashion brands’ profit margins

Delayed supplies threatening fast fashion brands’ profit margins

  With brands struggling with slower deliveries and rising transportation costs, the fast fashion industry is under grave threat. The industry is being threatened by declining profits as highlighted by the 40 per cent drop in Asos’ annual profit this year and the huge dent in full year profits of Boohoo, ... Read more

US’ apparel imports rebound with 23 per cent growth in August

US’ apparel imports rebound with 23 per cent growth in August

  For the first time in the year, US’ apparel imports rose to 8.07 billion in August ’21. As per an Apparel Resources report, the country recorded a 23 per cent Y-o-Y surge value-wise in apparel imports during the month. In volume terms, imports increased to 2,841.04 million SME of garments. The cou... Read more

Despite shutting shop, Gap, Benetton continue to inspire future busine…

Despite shutting shop, Gap, Benetton continue to inspire future businesses

  Once renowned as ‘category killers’, fashion retailers Gap and Benetton now face an uncertain future with Gap closing all its stores across the UK and Ireland, and Benetton no longer being in demand. However, the brands continue to inspire fashion lovers across the world with their rich history wr... Read more

Healthcare and military sectors to drive conductive textiles market ti…

Healthcare and military sectors to drive conductive textiles market till 2022

  Largely used in smart textile applications such as sensors, heating textiles and electrostatic discharge clothing, conductive textiles are seeing higher demand with the spread of COVID-19. These textiles basically comprise fabrics woven with metal or carbon that are mostly used in the fitness apparel and heal... Read more

Europe’s textile and clothing sector recovers, Q2 growth above 2019 le…

Europe’s textile and clothing sector recovers, Q2 growth above 2019 levels

  An important part of its manufacturing sector, the textile and clothing sector plays a crucial role in ensuring the economic and social well-being of European countries. With around 160,000 companies operating in this space and 1.5 million workers, it is an essential pillar of the economy across many EU regio... Read more

US emerges the largest importer as India’s home textile exports rise i…

US emerges the largest importer as India’s home textile exports rise in July ’21

The largest exporter of home textiles after China, India witnessed a significant increase in home textiles shipments this year. As per a Textile Value Chain report, India’s exports of home textiles including blankets and travelling rugs increased to $108.24 million in July 2021 from around $79.01 in June 2020... Read more

Focus on core issues will help Bangladesh benefit from new GSP scheme

Focus on core issues will help Bangladesh benefit from new GSP scheme

   The new generalized scheme of preferences (GSP) proposed by the European Commission is likely to limit Bangladesh’s gains from the current ‘GSP plus’ scheme, says a report by the Daily Industry. The report suggests, focusing on core issues like climate protection and good governanc... Read more

Global fashion map alters as brands move away from Asia

Global fashion map alters as brands move away from Asia

    With brands like Benetton moving away from Asia to countries like Serbia, Croatia, Turkey and Egypt for their sourcing needs, COVID-19 pandemic seems to have altered global fashion supply chain forever. Benetton plans to halve its Asian supply chain by end of 2022, says Massimo Renon, CEO. The group... Read more

A cautious approach can help apparel exporters boost prices

A cautious approach can help apparel exporters boost prices

  Slowly but surely, the fashion industry is getting back on its feet from the debris created by the pandemic that threatened the entire world. As per a Textile Today report, the industry is bouncing back from the crisis with manufacturers bagging large orders from buyers. Reopening of stores is also boosting s... Read more

China-Cambodia FTA heralds a new era in trade corporation during pande…

China-Cambodia FTA heralds a new era in trade corporation during pandemic

  In October last year, Cambodia signed a free trade agreement (FTA) with China to boost its COVID-19-hit economy. As per a Business Times report, the agreement includes development of infrastructure and connectivity projects to facilitate transportation of goods between the two countries. The FTA was signed un... Read more

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Garmon Studio joins Stella Blu for a sustainable capsule collection

   Application laboratory of Garmon Chemicals, Garmon Studio has joined Stella Blu... Read more

Material Exchange to acquire agency portion of OlahInc

   Virtual marketplace Material Exchange will acquire the agency portion of denim ... Read more

adidas launches additional share buyback program

   adidas has decided to launch an additional share buyback program. Starting on O... Read more

Benetton to increase RMG sourcing from Bangladesh

   Italian fashion brand, Benetton plans to increase its sourcing of readymade gar... Read more

Ikea Foundation partners Enviu and CAIF for a circular textile waste model

   IKEA Foundation has partnered with Enviu and Circular Apparel Innovation Factor... Read more

Ikea, H&M team up to explore recycled textiles potential

   Swedish home furnishings big box chain Ikea and fashion industry giant H&M ... Read more

Kingpins24 to return from October 19-21

   Kingpins24 will return this yearfrom October 19-21, 2021. Running in digital fo... Read more

Strong Q3 rebounds encourages Hugo Boss to raise current year outlook

   Rebound in third-quarter earnings has encouraged German fashion retailer Hugo B... Read more

Officina+39 exhibits latest technologies and collaborations at Denim Premiè…

   Officina+39 showcased its latest creations in chemical applications dedicated t... Read more

Reebok launches first collection made with Thermowarm + Graphene technology

   Reebok has launched the Thermowarm+Graphene apparel collection, the first comme... Read more

Strong Q3 rebounds encourages Hugo Boss to raise current year outlook

   Rebound in third-quarter earnings has encouraged German fashion retailer Hugo B... Read more

Officina+39 exhibits latest technologies and collaborations at Denim Premiè…

   Officina+39 showcased its latest creations in chemical applications dedicated t... Read more

Reebok launches first collection made with Thermowarm + Graphene technology

   Reebok has launched the Thermowarm+Graphene apparel collection, the first comme... Read more

New Reclothe’s platform by Fashion4 Development and CLASS Eco Hub

   Fashion 4 Development and CLASS Eco Hub have launched their digital platform ca... Read more

Capitalize on compliance to EU, US markets advises GIZ GmbH Bangladesh stud…

   A study commissioned by the Deutsche Gesellschaft für Internationale Zusam... Read more

LVMH fashion and goods division sees 24 per cent rise in sales in Q3

   Third quarter sales of French luxury group LVMH's fashion and leather goods div... Read more