Luxury Loses Luster: A slowdown shakes the high-end market
The first half of 2024 has been a rough ride for luxury fashion. Once a seemingly invincible sector, major brands are grappling with declining sales, particularly in Asia, leading to significant drops in market value and billionaire fortunes. Luxury's struggles by the numbers • Market downtur... Read more
EUCCC, AmCham Shanghai reports highlight waning confidence on China's …
Recent reports by well-known organizations like The American Chamber of Commerce in Shanghai and the European Union Chamber of Commerce in China (EUCCC), have cast a shadow over conducting business in China. These reports, backed by statistics, case studies et al highlight the waning confidence, particula... Read more
Dornbirn GFC 2024: Leading the future of fiber innovation
The 63rd Dornbirn Global Fiber Congress (GFC), a premier event in the fiber and textile industries, concluded on September 13, 2024. Celebrated for over 60 years, the congress serves as a critical platform for innovation, networking, and knowledge exchange in the global fiber sector. A global stage... Read more
SIMA drives policy changes to boost Indian cotton textile sector
The Indian textile and clothing industry, heavily reliant on cotton, remains a cornerstone of the nation's economy, contributing 12 per cent to industrial production, 8 per cent to exports, and generating approximately Rs 40,000 crores in GST revenue. Employing around 110 million people, the sector has be... Read more
ITMF-IAF Conference in Samarkand highlights industry innovations and c…
The ITMF Annual Conference and IAF World Fashion Convention took place from September 8-10 in Samarkand, Uzbekistan, a city renowned for its rich history and burgeoning textile sector. Hosted by Uztextileprom, the Uzbekistan Textile and Garment Industry Association, and the Chamber of Commerce... Read more
Yarn Expo Autumn 2024: A resounding success, facilitates global eco-tr…
Yarn Expo Autumn 2024 concluded on a high note, welcoming nearly 22,000 buyers from 81 countries and regions. The event showcased the textile industry's commitment to sustainability and innovation, featuring a wide array of eco-friendly products and solutions. Diverse offerings and international part... Read more
Ukrainian fashion rises amidst war, raising awareness and defying chal…
Amidst the ongoing conflict, Ukrainian Fashion Week 2024 made a triumphant return, showcasing the resilience and creativity of the nation's fashion industry. From September 1 to 4, over 50 Ukrainian labels, including internationally recognized names like Litkovska, Ruslan Baginski, Frolov, and Ksenia Schn... Read more
Bangladesh garment factories in crisis with layoffs and closures, futu…
Bangladeshi garment industry, a vital clog in the country’s economy and an important supplier to global brands, is facing a deep crisis marked by mass factory closures and impending layoffs. This raises questions about the industry’s future stability and reliability for international brands. ... Read more
Intertextile Shanghai Apparel Fabrics celebrates 30th Anniversary as a…
Intertextile Shanghai Apparel Fabrics successfully concluded its 30th anniversary edition from August 27-29, 2024. The event reaffirmed its position as a global leader in apparel textiles sourcing, showcasing innovative products and solutions that address industry challenges and trends. Key highlight... Read more
Global Sourcing Expo to showcase expanding international sourcing in A…
The Global Sourcing Expo, organized by the International Expo Group, has positioned itself as Australia’s premier sourcing platform, with editions in both Sydney and Melbourne. This event plays a crucial role in connecting exhibitors from across the globe with manufacturers, wholesalers, and retaile... Read more
GREENEXT EXPO concludes, paving the way for a sustainable future
The GREENEXT EXPO, a major event focused on sustainability and environmental responsibility, recently concluded in Shanghai. The Expo, held at the Shanghai Exhibition Center, brought together global leaders, innovators, and industry experts to explore the intersection of environmental protection and busin... Read more
Ashworth's Global Ambition: From golf course to global lifestyle fashi…
In a recent interview at Centerstage, William Fu, CEO of YGM Group, shed light on the evolution of Ashworth, a golf and lifestyle brand with a rich history. From its American roots to its worldwide expansion under YGM's stewardship, Ashworth is navigating the changing landscape of consumer behavior and em... Read more
Rising fiber prices weaken India's textile industry's supply chain and…
India's textile industry is facing significant challenges due to the rising prices of fibers, both natural and synthetic. Higher costs are disrupting supply chain, affecting domestic production, and impacting export competitiveness. The financial impact of escalating fiber prices is evident in industry da... Read more
White House tightens De Minimis loophole, impacting US Apparel imports…
The de minimis provision, a trade rule dating back to the 1930s, allows goods valued under a certain threshold (currently $800) to enter the U.S. without paying duties or undergoing the usual scrutiny applied to larger shipments. While intended to streamline low-value imports, this loophole has increasing... Read more
As cotton prices rise in India, ripple effects felt across supply chai…
Cotton prices in India have reached new heights of late, surpassing the Minimum Support Price (MSP) by 3 per cent. Experts anticipate a further price increase in the coming days. This escalating trend is triggered by various factors, including reduced cotton acreage this Kharif season, crop damage from he... Read more
India loses ground to Vietnam, Bangladesh as low-cost manufacturing hu…
A recent World Bank (WB) report highlights a concerning trend for India's manufacturing sector. Vietnam and Bangladesh have surpassed India as the preferred low-cost manufacturing and export hubs. This shift signals a potential challenge for India's ambitions to become a global manufacturing powerhouse. ... Read more
From Landfill to Loop: Global regulations driving garment recycling
The fashion industry's environmental impact is undeniable, with tons of textile waste ending up in landfills each year. For example, the global fashion industry produces an estimated 92 million tons of textile waste annually. Less than 1 per cent of clothing is recycled into new clothing, highlighting the... Read more
Brands continue to opt for synthetic fibers despite increased regulations: …
Despite increasing regulatory pressure, major fashion brands continue to rely h... Read more
Lectra acquires 18% stake in Singapore-based SaaS solutions developer Six A…
Lectra has partnered with Singapore-based Six Atomic to acquire an 18 per cent ... Read more
DO Apparel and Kornit Digital partner for custom jersey production
Kornit Digital, a global leader in sustainable digital textile production techn... Read more
Pakistan records 5.37% rise in textile exports during July-Aug‘24-25
Pakistan’s textile exports increased by 5.37 per cent in the first two mo... Read more
Apparel factories in Sri Lanka to expand workforce by 10% this year
Sri Lanka’s apparel industry is experiencing a rebound, with factories pl... Read more
ICA backs MTLC in EU labelling push
The International Cotton Association (ICA) has officially joined the Make the L... Read more
Aldo redefines athletic fashion with new sneakers collection
Global footwear and accessories brand Aldo has unveiled its latest collection t... Read more
Eastman’s Naia highlights sustainable innovation at NYC Market Week
Naia from Eastman is making an impact at NYC Market Week, featured at the Lenzi... Read more
British Fashion Council partners with JD.com for LFW
The British Fashion Council (BFC) and JD.com have announced a partnership aimed... Read more
Stefan Lux appointed Managing Director of KM.ON GmbH
As of September 1, 2024, Stefan Lux has been appointed Managing Director of KM.... Read more
Eastman’s Naia highlights sustainable innovation at NYC Market Week
Naia from Eastman is making an impact at NYC Market Week, featured at the Lenzi... Read more
British Fashion Council partners with JD.com for LFW
The British Fashion Council (BFC) and JD.com have announced a partnership aimed... Read more
Stefan Lux appointed Managing Director of KM.ON GmbH
As of September 1, 2024, Stefan Lux has been appointed Managing Director of KM.... Read more
ICA Liverpool 2024 to tackle key cotton industry issues
The International Cotton Association (ICA) has confirmed the programme for its ... Read more
Juki Corp dispatches first batch of ‘Made-in-India’ industrial sewing machi…
A renowned Japanese provider of sewing technology, Juki Corporation has dispatc... Read more
Calvin Klein, Nensi Dojaka team up for a new womens wear collection
In a noteworthy Fashion Week collaboration, Calvin Klein and designer Nensi Doj... Read more
Bangladesh apparel exports to the US decline 10.27% from Jan-July’24: OTEXA
Bangladesh's apparel exports to the US declined by 10.27 per cent Y-o-Y to $4.5... Read more
Portugal experiences 6% Y-o-Y decline in T&A exports during Jan-July’24…
Textile and apparel(T&A) exports by the Portugal declined by 6 per cent Y-o... Read more
BFC partners JD.com to expand British and international brands in China
The British Fashion Council (BFC) has entered into a new partnership with JD.co... Read more
Workers protests compel over 50 apparel factories in Bangladesh to shut ind…
Over fifty apparel factories in Bangladesh have been shut down indefinitely as ... Read more
Mahlo GmbH +Co to showcase latest innovations in the textile industry at IT…
Mahlo GmbH + Co KG will showcase its latest innovations in efficient, sustainab... Read more
Athlesiure brand Lole acquires Louis Garneau Sports
A global brand known for premium athletic wear and outerwear, Lolë has acq... Read more
Bangladesh crisis: An opportunity for India’s textile and apparel industry
The political instability in Bangladesh offers India a chance to capture a larg... Read more