Knits

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Indian hosiery sector outperforms global growth trends

The hosiery sector has come a long way from just providing bare necessities through innovations in fabric and knitting technologies. In 2022, the global sector including men’s and women’s hosiery was valued at $41.8 billion and is projected to reach $55.6 billion by 2030, growing at a CAGR of 3.... Read more

Women’s active wear promotes body negativity: Study

The women’s active wear promotional segment seems to be doing more harm than good with most women experiencing negative body image as they compare their own body shapes with fit and toned models in tight-fitting clothing on these websites. Most images are far from realistic as these photo-shopped body... Read more

Bangladesh terry towels exports rise to $1.2 billion annually

Around 110 companies produce home textile and terry towel items in Bangladesh currently, according to the Bangladesh Terry Towel & Linen Manufacturers & Exporters Association. Their factories employ nearly 65,000 workers and have investments totaling around $1.20 billion. The success of the terry towel busin... Read more

Bangladesh regains global position as the second largest RMG expo…

Bangladesh is back to being the world’s second-largest apparel exporter. Latest Export Promotion Bureau (EPB) statistics show, Bangladesh’s apparel exports surged 30.30 per cent to $23.99 billion from July to January 2021-22. Knitwear exports surged 32.89 per cent to $13.27 billion. On the oth... Read more

Activewear, one of the hottest selling categories for DTC brands …

The DTC activewear market remained one of the busiest in 2021 with a large number of acquisitions and IPOs being launched. Some of the most prolific deals in during the year included the acquisition of Sweaty Betty by Wolverine World Wide, the purchase of Beyond Yoga by Levi’s and the snapping up of Osp... Read more

Italian hosiery sector opt for eco-textiles, innovations to move …

Driven by technological innovation and sustainability, the Italian hosiery sector is growing at a robust pace even in the midst of the global pandemic. As per a Knitting Industry report, pandemic has increased the sector’s sustainability awareness and its use of eco-textiles. Alessandro Gallesi, Preside... Read more

Vietnam could gain if Bangladesh fails to tap duty-free knitwear …

National perspective plans ‘Vision 2021’ and ‘Vision 2041’ were launched by Bangladesh to transform itself from least developed countries (LDCs) to a middle-income country, and become a developed nation by 2041. ‘Vision 2041’ aims to amplify Bangladesh’s bilateral tra... Read more

Brands wake up to growing maternity activewear market

Athleisure shopping for pregnant women is a complicated exercise as it involves searching online discussion forums for recommendations and testing several products. And pointed out in ‘The Next Big Activewear Opportunity’ in the Business of Fashion, though reputed brands have been serving this seg... Read more

Specialized zone, product innovation to boost Bangladesh sportswe…

Sports apparel has gained a lot of traction in Bangladesh with increased health awareness and fitness activities among consumers. Growing demand for trendy and fashionable sports apparel both among adults and kids is expected to drive future growth of the sportswear market in Bangladesh. Leading sportswear br... Read more

Comfort over fashion scores as loungewear becomes new dressing no…

As the work from home culture grows across the world, Fashion Snoops women’s wear editor and head of intimates and loungewear Patricia Maeda and Nia Silva, Fashion Snoops’ materials editor, expect a few key apparel trends to wash over the loungewear and intimates categories in the next 18 months. As per th... Read more

China to ship first facemask machine to Italy

March 23, Beijing Chonglee Machinery Engineering Co.Ltd., a subsidiary to China Textile Academy, signed a business contract at its medical-purpose equipment and protective gear workshop to start up the export of its first batch of facemask lines to Italy. (Mr, Wang Xusheng{in the middle}, Vice Presid... Read more

Knitting industry major Shenzhou International bounces back as a …

There is a well-known saying in China’s textile industry to commend Shenzhou International Group quoted as “Shenzhou is to the knitting industry what Foxconn is to the electronics industry”, speaking highly of the knitting giant that has grown up synchronically with the rapid development of the whole ... Read more

India: Tiruppur exporters coping with high costs, labor shortage,…

Accounting for almost 46 per cent of India’s garment exports, Tiruppur knitwear hub has been under acute stress since for the last few years due to the twin blows of demonetisation and GST. Cheaper products, duty-free access attract buyers to competing countries The multi-crore industry in the cluster is on the... Read more

Hosiery industry gets a revamp with the launch of eco-friendly ti…

If spring/summer 2020 runways are to go by, trendy tights have caught the attention of many designers across the globe. British designer Richard Quinn has launched a new range of tights decorated with brash florals to match the prints on his gowns. The mania of logo is also rife with labels like Gucci, Saks Potts and F... Read more

Fashion to become more sustainable with rise in manmade fibers an…

The world’s leading provider of industrial machine needles, precision parts and fine tools, Groz Beckert Asia offers its customers systems and services for production and joining of textile fabrics. The company, founded in 1852, employs more than 9,000 people and has production sites in Germany, Belgium, the Czec... Read more

Quality consciousness, cost management to help textile manufactur…

“The knitting industry has grown over the past few years with over 4,500 machines making knitted shoe uppers in New Delhi today,” notes Rajesh Bihani, Managing Director, RI Texsolutions, a company engaged in manufacturing knitted shoe uppers for adults and children. Dismal outlook for future However, the ... Read more

Turkey to lead performance-based textile market in future

"Turkey is not just the biggest textile producing country on the European continent but also the third largest textile exporter of Europe, the seventh largest apparel exporter in the world, the fourth largest apparel supplier of Europe, and the fourth interior textiles exporter in the world" Over the past seve... Read more

SgT Group’s quality management solutions balance performance with…

"To cater to this demand of their consumers, GST continuously invests in new technologies to ensure top performance and sustainability of their products. The group has laboratories close to its factories to customise the testing of its products It can also provide fast lab testing and adapted onsite testing, helping wi... Read more

Nike, Li-Ning adopt unique ways to target professional players in…

"Making history in the Chinese e-sports industry, global sportswear brand Nike signed a four-year exclusive apparel sponsorship deal with TJ Sports on February 28, 2019. The deal industry supply of sports apparels for China’s League of Legends Pro League (LPL), running until 2022. This deal includes supply of Nik... Read more

Time to set a new paradigm in knitwear production

"Tailored Industry, Co-founded by Alex Tschopp, believes many knitwear brands today are forced to plan lengthy production cycles and undertake astronomically high order quantities which prevents them from launching new collections. Their chronic overproduction also results in vast quantities of unwanted apparel ending ... Read more

Shipments of spinning machinery rise while knitting machinery dec…

"The latest results of the 41st annual International Textile Machinery Shipment Statistics (ITMSS) shows, there was an increase 1.5 per cent and 13 per cent in global shipment of new short-staple spindles and open-end rotors to the world spinning industry in 2018. Similarly, shipment of draw-texturing spindles increase... Read more

Scoop to unveil SS 20 collections of new brands

"Contemporary designer womenswear trade show, Scoop has unveiled a tantalising line-up of “new brands” who will showcase their SS20 collections at the show to be held from July 21-23, 2019 at the iconic Saatchi Gallery in London. The carefully curated and enticing selection of new designers will includ... Read more

British Wool to sponsor 2019 Shearing & Handling World Champi…

"British Wool will sponsor the England, Scotland and Wales teams at the 2019 Shearing & Wool Handling World Championships. The Championships, to be held in Le Dorat, France from July 01-07 July, 2019, will see the teams from England, Scotland and Wales face competitors from over 20 countries, up to 300 shearer... Read more

Shima Seiki wants to KNITify the World

Shima Seiki , the industry leader in knitting, showcased here at ITMA Bacelona, with a great new ambition and confidence, a new way of looking at knitting and wide range of possibilities that knitting can offer under its new theme KNITify the World – Smart Solutions in Textiles, Proposing knitting as an alternati... Read more

Stäubli launches new-generation machines at ITMA

"At ITMA, Stäubli is exhibiting a wide range of machinery equipped with state-of-the-art high-end technologies and software solutions that offer new and expanded benefits to textile mills. Stäubli solutions can boost weaving or sock-knitting performance and overall mill efficiency, besides offering decisive f... Read more

Growing health consciousness sees athleisure scale new heights in…

With China becoming health conscious the country has over 37,000 fitness facilities. A recent wellness trends report published by the Global Wellness Summit notes over 104 million Chinese have at least one fitness app on their phones while another five million have a gym membership. The country, home to approximately 5... Read more

Goller to introduce new Knit Merc at ITMA 2019

"Goller, a CHTC Fong’s International Group Company, will introduce the new Knit Merc at ITMA 2019 to be held from June 20-26, 2019 in Barcelona, Spain. The development will help in achieving the highest quality mercerisation of knitted fabrics at the lowest tension and with under 3 per cent variation in dimension... Read more

India: Labor issues cloud India’s knitwear hub Tirupur’s developm…

"Once touted as the ‘knitwear capital of India, Tirupur, is currently mired by labor issues. Underemployment and rising costs of living, coupled with the continuing impact of policy measures such as the Goods and Services Tax, especially on small-scale manufacturers, is stagnating growth in the city with the shor... Read more

Athleisure market to get a makeover with six new fabrics

"A new report titled, “Activewear Market by Product and Fabric: Global Opportunity Analysis and Industry Forecast, 2017-2024,” by Allied Market Research reveals, the global activewear market, currently valued at $351,164 million in 2017, is expected to reach $546,802 million by 2024." A new report ... Read more

India’s knit T-shirts exports drop in Q2, Nigeria and South Afric…

"Growth in India’s knit T-shirt exports in Q2 FY 18-19 declined by 9.62 per cent over the previous quarter. Within the knitted T-shirts segment, cotton tees accounts for 73 per cent of the total share value at $414.54 million. The second topmost commodity in Q2 FY 18-19 under the knitted T-shirt segment included ... Read more

India’s T-shirts exports in Q2 declined across all countries

"Export of knit T-shirts by India registered an export value of $570.17 million in Q2 FY 18-19. This is a 9.62 per cent decline over the previous quarter. This trend of falling exports is an indication for exporters to move towards more value added apparel exports, rather than competing with countries like Bangladesh.&... Read more

Tirupur garment exporters set up units beyond Indian shores to ta…

"The Tirupur’s garment industry employs nearly 7 lakh people directly. Until last year, the industry grew at a rate of 20 per cent year-on-year. The cluster, last year, witnessed negative growth for the first time in nearly a decade. After GST was implemented, the cluster lost nearly 5.4 per cent of total drawbac... Read more

Facing tough times, exporters in Tiruppur, India bank on falling …

"Tiruppur’s garment industry, which has around 3,500 small, medium and large garment manufacturers, generates around Rs 45,000 crore ( US$ 6.16 bn) every year until last year, it had been growing at a rate of 20 per cent year-on-year. After GST was implemented, the 5.5 per cent excise rebate was included in GST. ... Read more

3D-knitted shells support five-ton concrete structure

Researchers at ETH Zurich have 3D-knitted a structure on a computerised flat knitting machine that serves as the primary shaping element for curved concrete shells. The new technology is now being used to create a five-tonne concrete structure for an exhibition in Mexico City. The heart of the four-metre-tall curved c... Read more

From Casual to Chic: Streetwear comes of age

"Katie Smith, Retail Analyst and Insights Director, Edited points out the shift towards more comfortable and functional clothing led to an increase in activewear as a trend. According to the Cotton Council International & Cotton Incorporated’s activewear study, about 3 out of 5 consumers have adopted activewe... Read more

Asia Pacific to dominate global knitwear market by 2026

"A new market report by Transparency Market Research titled ‘Knitwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-26 reveals the global knitwear market is expected to expand at a CAGR of 5.3 per cent from 2018 to 2026 reaching $817,402.7 million by 2026. In terms of vo... Read more

UK sportswear growth pegged at 8.7 per cent

"UK Sportswear Market 2017-2022 report predicts 8.7 per cent growth this year, on top of estimated UK sportswear sales of £2.5bn in 2017. And the sector is changing swiftly to cater to ever-evolving consumer demands as the market matures. Global Data’s report reveals as a sector focussed on lifestyle, the l... Read more

Socks and hosiery industry gear up for mega shows

"FIMAST, the much-awaited trade show for hosiery and knitting machinery, will be held from May 30 to June 2, 2018 at Brescia in Italy. The exhibition will showcase latest technological trends and ideas in the production of socks and hosiery throughout the supply chain. The show will be attended by most renowned manufac... Read more

Turkey second only to China in global socks exports

"Overriding Italy, Turkey has jumped to second place after China in socks exports globally, accounting for 10 per cent of world exports in 2016. China, the world’s largest socks maker, makes up 40 per cent of the world socks exports, reveals Ozkan Karaca. Though the gap is huge, yet it’s substantial win for... Read more

Growing knitting sector bring innovative technologies in the lime…

"Knitting industry is on a roll with a number of players announcing new products and planning new collaborations. To start with, to commemorate its 80th anniversary, leading warp knitting machinery manufacturer Karl Mayer organised a series of open house events at its headquarters in Obertshausen, Germany, this July. T... Read more

Is athleisure trend nearing its end? Opinion divided…

"Retail analysts closely following the US apparel trends feel the athleisure trend is going to end soon. The insight came as Dick’s Sporting Goods reported its same-store sales performance up by a weak 0.1 per cent in the second quarter. John Zolidis, President of Quo Vadis Capital, pointed out skidding athleisur... Read more

Not every customer opts for fast-fashion, brands learning to adap…

"After witnessing the quick success gained by two fast fashion giants, H&M and Zara, retailers have come to believe if you give customers latest trends in a short period of time, they will be lured to purchase. While this trend stayed far longer than anticipated, winds of change seem to be turning towards a more su... Read more

Synthetic ind questions GST slab, raises issue of Cenvat credit

It is surprising to know that the govt still thinks polyester is a fibre for high class and cotton is for poor class, that is the reason growth is restricted. Soon a day will come when govt will have to think independently, if it wants to grow at bigger pace like Bangladesh/Vietnam etc, says R K Vij, Ad... Read more

Asia dominates as shipment destination for textile machinery: ITM…

"Global shipments of electronic flat knitting machines soared by 99 per cent in 2016.Asia received the highest share of shipments, at 94 per cent. China remained by far the world’s largest investor for flat knitting machines in 2016 with Chinese investments having a global share of 73 per cent, according to The 3... Read more

Activewear gaining ground in China, Euromonitor study

"Till now, the US used to be main market for athleisure companies but now, the table seems to be turning towards China. The market of activewear/athilesiure in the US with a population of 321 million people is estimated at $44 billion, says a NPD Group study. While the category is expected to continue to grow trend as ... Read more

Vu Ba Phu, Director General, Vietnam Trade Promotion Agency (Vietrade), on the new trade show VIATT and its association with Messe Frankfurt

“The Vietnam Trade Promotion Agency (Vietrade) recognized the need for an international trade exhibition in Vietnam and approached Messe Frankfurt to organize it. The event, Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) aims to strengthen trade relations between China and Vietnam, as well as other countries in the region. It is expected to be an annual event and will showcase a wide range of products, including home interiors, textiles, garments, fabrics, and garment technology. The goal is to create a collaborative environment rather than a competitive one, with the aim of benefiting the entire Asian textile industry”.

Alexandro Barberis Canonico President Milano Unica Alexandro Barberis Canonico, President, Milano Unica, on impact of the pandemic on the textile industry and the return of Milano Unica to the Intertextile Shanghai fair.

“Market is slowly recovering and luxury products are still performing well. Italian manufacturers are focusing on niche markets and special fibers, such as cashmere and vicuna. Creativity and sustainability are important factors for Italian manufacturers, who are investing in the Chinese market. The exhibition response has been positive, with better figures than in 2019. The trends in the Chinese market are about functional fabrics and the use of natural fibers”.

Yuko Watanabe, Director International Communication, JFWO on business scenario in japan

“Japanese domestic market, particularly in the department store and textile industries, is facing challenges due to the pandemic and rising costs. Although, online shopping is growing but offline stores are struggling. The weak yen has made exporting raw materials to China and other countries less profitable, while importing goods has become expensive. The tourism industry has also been affected, with only wealthy tourists able to travel to Japan, international tourism can help the domestic market to some extent, but it is not enough to fully recover”.

Kim Bu-Heung, General Director of Korea Textile Center, on business with Chinese market

“China had been a significant investment destination for Korean enterprises. However, the current low demand in China has translated into reduced exports and investment returns. This underscores the shift in China's textile landscape and its impact on neighbouring countries”.

Joshua Lane, Regional Director - Asia at Holland & Sherry, on Intertextile and the challenges brought about by the COVID-19 pandemic and the subsequent changes in market dynamics.

The Intertextile provided a valuable opportunity to assess market conditions, observe competitors, and gauge the recovery of the Chinese economy in the textile sector. 2023 has been marked by a more subdued global textile market, with China experiencing a slowdown, but not entered a recession but was gradually tapering off its growth trajectory. For the textile sector, however, globally the trend was still upward, with a growing demand for custom-made clothing from reputable European brands.

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