Year 2022 will be one of the best years for luxury fashion, say analys…
Pandemic-led supply chain disruptions have caused product shortages across the fashion industry. Luxury fashion; especially, has been a key sufferer of this, says the annual report, ‘The State of Fashion,’ by Business of Fashion and McKinsey. Supply chain disruptions have affected around... Read more
Australia’s growing textile waste demands urgent action from companies…
The second highest consumer of textiles per person in the world, Australia discards around 23 kg textiles into landfills every year. A large part of this waste comprises non-renewable, synthetic materials that cannot be recycled. This waste is not regulated at the federal levels and requires a shift to a ... Read more
Cambodia’s garment and footwear exports surge in 2021: GMAC
Cambodia’s garments, textiles and footwear exports have surged by 10 per cent annually over the last decade. Garments industry bounced back last year after a year of decline in 2020 due to the COVID-19. Members of Garment Manufacturers Association Cambodia (GMAC) hope to mark 2021 as a year of stron... Read more
Women’s footwear grows at steady pace as brands launch innovative rang…
Concerned about their physical appearance, women often engage in a variety of activities like trekking, training, yoga, etc. Regular exercising has become an essential part of their daily lives. However, this is also creating demand for exercise-appropriate outfits and footwear. As per recent Future Mark... Read more
Bangladesh emerges a major accessory hub in South East Asia
In the last 15 years, Bangladesh has emerged as a major hub for manufacturing accessories and packaging materials. The country has a market worth $160 million for buttons and supplies around 90 per cent of locally-made buttons to the industry. Not just buttons, Bangladesh also makes around 30 other garmen... Read more
India’s cotton stocks to decline by 12 lakh bales in FY2021-22: CAI
The Crop Committee, Cotton Association of India (CAI) has released its December estimate of the cotton crop for the season 2021-22. As per estimates, cotton stock in India is likely to drop by 12 lakh bales to 348.13 lakh bales against earlier estimate of 360.13 lakh bales. From October 2021 to December 2... Read more
Cost-effectiveness can help Vietnam maintain competitiveness in T&…
One of the fastest growing garment and textile markets in South East Asia, Vietnam is facing increasing competition from Asian and other markets. In the fourth quarter of FY21, Vietnam was able to meet its target of $39 billion in textile and garment exports, growth of 11.2 per cent compared to 2020. Howe... Read more
New Fashion for Good project to accelerate shift to dry processing
A consortium project to bring together several innovations in textile pre-treatment and coloration has been launched by the global platform for innovation Fashion for Good. Known as e D(R)YE Factory of the Future, the project accelerates a shift from wet to mostly dry processing, reducing greenhouse gas e... Read more
Better collaboration can smoothen EU-UK trade flow: Euratex
Brexit was expected to change the European trade scenario. However, the impact it has had on textile and apparel trade between the EU and UK has been very dramatic causing significant losses for companies on both sides. The situation may worsen with full customs regime between UK and EU coming into into f... Read more
Bangladesh: Follow global currency trends BGMEA advises regulatory aut…
Though the current depreciation of the Bangladeshi Taka against the American dollar proves to be a boon for garment exporters, in the long run, it threatens the competitiveness of Bangladeshi apparels in world market, points out Faruque Hassan, President, Bangladesh Garment Manufacturers and Exporte... Read more
GST may drive consumers away from value brands fear apparel retailers
Deferment in GST rate hike on textiles from 5 per cent to 12 per cent hardly brings any relief to consumers as they still have dole out extra cash for branded clothes. As Charath Narsimhan, CEO, Indian Terrain Fashion says, with rise in raw material prices like cotton, yarn, fabrics and packaging ma... Read more
Eraldo Poletto to be Diesel’s new CEO for North America
OTB Group-owned Diesel has appointed Eraldo Poletto new CEO for North America. ... Read more
Chinese fashion retailer Shein plans to launch an IPO in New York this year
As per a Business Today report, the IPO would be the first major equity deal by... Read more
Scheme to trial dry processing technologies launched
Sportswear giant Adidas, luxury fashion brand Kering, US clothing giant PVH Cor... Read more
Bangladesh lingerie exports surge 43% in 2021
Bangladesh exported $150.39 million worth of lingerie products, including categ... Read more
Zimbabwe’s textile and footwear exports surge 85 per cent in 2021
As per trade promotion body ZimTrade, Zimbabwe’s textile and footwear exp... Read more
M&S to step up Bangladesh sourcing
Currently buying £1 billion worth of clothes from Bangladesh each year, M... Read more
Lack of units creates demand-supply gap for checked and striped shirts in B…
The reluctance of textile business to set up fabric manufacturing units in the ... Read more
Rising yarn prices cause loss in orders for exporters
Rising yarn and fabric prices are causing loss of orders for garment exporters,... Read more
Adidas Originals and Prada debut into the metaverse
Adidas Originals and Prada are debuting into the metaverse with a new project c... Read more
Hohenstein joins hands with Presize
Hohenstein, a leading specialist in fit and pattern engineering, has joined for... Read more
Rising yarn prices cause loss in orders for exporters
Rising yarn and fabric prices are causing loss of orders for garment exporters,... Read more
Adidas Originals and Prada debut into the metaverse
Adidas Originals and Prada are debuting into the metaverse with a new project c... Read more
Hohenstein joins hands with Presize
Hohenstein, a leading specialist in fit and pattern engineering, has joined for... Read more
Italian trade shows Micam, Mipel and Milan Design Week postponed
Italian trade shows Micam, Mipel and Milan Design Week have been postponed to M... Read more
Denim brands celebrate Chinese New Year with tiger-themed collections
Denim brands Diesel and Levi’s are launching tiger-themed collections for... Read more
Bangladesh garment sector may face raw material crisis in February, March
The Bangladesh Textile Mills Association (BTMA) believes, the garment sector ma... Read more