Demand for tailored suits to resurge as pandemic restrictions ease
COVID-19 has changed office dress codes forever as tailored suits are a rarity these days. In fact, even before the pandemic, the general trend was towards dressing down. The pandemic further accelerated this trend with Refinery’s business dropping by almost 80 per cent during the period, says As Stanto... Read more
Loosing GSP will hamper Sri Lankan’s apparel exports, reduce profit ma…
The European parliament’s recommendation to suspend Sri Lanka’s GSP+ status comes as a huge blow to the country’s apparel industry – which accounts for 47 per cent of the nation’s exports and 15 per cent of its industrial employment. As per a Daily News report, the Generalized Sy... Read more
Canada’s garment industry suffers as investments, skills in the sector…
Canada is stuck in a strange predicament. As per a recent survey, post pandemic, the country has witnessed renewed demand for locally made goods. Yet, shopping for local products in the country has become more challenging, says a report by Macleans. As per a 2019 report, most clothing purchased in Canada ... Read more
It’s time for brands to ensure transparency in cotton supply chains
Growing allegations of forced labor in their cotton supply chains have made sourcing awareness a top priority for fashion brands. Brands across the world are pressurized to refute usage of Xinjiang cotton in their garments. One such instance is Japan-based casual wear brand Uniqlo whose US shipments were bloc... Read more
GSP+ scheme could help Bangladesh address LDC graduation losses
Bangladesh graduation from Least Developed Countries (LDCs) is likely to be bittersweet. On one hand, Bangladesh will progress to being a developing country on the other it stands to lose LDC specific preferences and privileges afforded by international development partners. One of its most significant losses... Read more
Sustainability, personalization, key for luxury brands success in Asia…
For the last few years, Asia Pacific region has been making significant contributions to global luxury fashion business. Though global market for personal luxury goods shrunk 15 per cent in 2020, Asia Pacific’s share increased from 32 per cent in 2019 to 37 per cent in 2020, reports Euromonitor Inte... Read more
Singed by the pandemic, textile machinery sector sees a sharp drop
Like other sectors, the textile machinery segment has also suffered from COVID-19-induced downturn. Released by the International Textile Manufacturers Federation (ITMF), the 43rd annual International Textile Machinery Shipment Statistics (ITMSSS) show, global shipments of all types of textile machines in... Read more
Trend-free styles can ensure a sustainable future for the fashion indu…
For years, fashion experts have been advocating clothing rental as an ideal solution for the rising fashion pollution. Popularized by rental platforms including Rent the Runway, Rebag and GlamCorner, the ‘sharing economy’ has become the latest trend in fashion. Brands including Levi’s and Lu... Read more
Slowing down growth can help fashion brands curb overproduction, labor…
Fast fashion production has doubled in the past 20 years ago, estimates a Business Insider report. The industry produces clothes equivalent to one garbage truck full of clothing waste in its single production cycle, says World Economic Forum. Notorious for its gross disregard for the environment, the industry... Read more
Focus on booming sectors can help retailers emerge from the COVID-19 c…
The retail industry has staged a quick recovery from the COVID-19 crisis. However, the pandemic has widened the gap between industry leaders and laggards with some companies noting a dramatic increase in their market value. As per a McKinsey & Company report, companies that adopted tech-forward busine... Read more
Fashion industry needs to operate as per highest environmental, social…
Efforts at increasing transparency in the fashion industry seem to be failing with just 25 per cent apparel brands surveyed by Fashion Revolution in its annual ranking being honest about their carbon emissions. Less than 20 per cent disclosed the amount of carbon content in their raw materials, says an Edie r... Read more
US May textiles and apparel imports up 22 per cent
US textile and apparel imports were up 22.6 per cent in May 2021 compared with ... Read more
US apparel imports from China fall as Bangladesh, Vietnam gain ground
US apparel and footwear imports from China declined to 37.9 per cent in 2019. I... Read more
Upcoming China Sewing Machinery Association fair to have a smart theme
China Sewing Machinery Association (CSMA) will be held from September 26 to 29,... Read more
Prada records 66 per cent jump in revenues in second half
Prada sees strong sales growth in the second half of the year. Total revenues o... Read more
Puma Q2 sales jump 95 per cent with store reopening
In the second quarter Puma’s sales increased 95.8 per cent. All regions a... Read more
Utilize Berry Amendment to increase US Content Rules for domestic purchases…
Klim Glas, CEO and President, has urged the Biden government to utilize the Ber... Read more
Bangladesh workers’ union calls for stronger rules to protect labor rights
In an open letter to European Commissioners Didier Reynders and Thierry Breton,... Read more
Japan’s apparel imports fall
Japan has recorded a 2.13 per cent dip in apparel from January to May 2021. The... Read more
Hermes Q2 FY21 sales soar 127 per cent
Hermes’ Q2 FY2021 soared 127 per cent Y-o-Y and 33 per cent on a two year... Read more
Kering’s Q2 sales double riding on Gucci which recorded a sharp rise in sal…
Sales of French luxury group Kering nearly doubled in the second quarter. Compa... Read more
Japan’s apparel imports fall
Japan has recorded a 2.13 per cent dip in apparel from January to May 2021. The... Read more
Hermes Q2 FY21 sales soar 127 per cent
Hermes’ Q2 FY2021 soared 127 per cent Y-o-Y and 33 per cent on a two year... Read more
Kering’s Q2 sales double riding on Gucci which recorded a sharp rise in sal…
Sales of French luxury group Kering nearly doubled in the second quarter. Compa... Read more
Jeans one of the most popular searches among Americans: Study
US consumers are searching for jeans in a big way reveals data from product int... Read more
Vietnam garment units under severe stress due to pandemic lockdowns
The apparel, textile, footwear, and electronics industries in Vietnam have been... Read more
Shutdown affects Bangladesh units
Global demand for readymade garments by big fashion houses from Bangladesh has ... Read more