Rising food prices force Indonesians to reduce apparel shopping
Indonesia’s Import Identification Number (API) chairman Ade Sudrajat has said that rising food prices have forced people of Indonesia put aside their clothing preferences. The absorption of the domestic market,…
Sales of global apparel expected to cross $1.4 trillion this year
The global apparel market, that has been experiencing a slowdown in growth since 2009, is now showing signs of recovery and sales are expected to exceed $1.4 trillion this year,…
Lectra, Politecnico di Milano host design & technology seminar
Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, recently co-hosted a Design & Technology seminar in Milan with the…
It’s digitize or die for supply chains
"More than 64 per cent of supply chain professionals in manufacturing and retail plan to ramp up spending on supply chain digitization in the next three years. More than 25…
CAB revises cotton estimates for 2015-16
Seeing a comfortable cotton supply position for the cotton season of 2015-16, the Cotton Advisory Board (CAB) has estimated the closing stock at 43 lakh bales as against its previous…
Bangladesh exported RMG worth $28.09 bn last fiscal
The Bangladesh garment industry has generated exports worth $28.09 bn in 2015-16 with a 10.21 per cent growth from the previous year, according to a data of the Export Promotion…
Pak textile industry may be exempted from load-shedding
The Pakistan’s textile industry is likely to be exempted from load shedding, the textile industry was vying for resumption of load shedding by the end of the holy month of…
US retailers to stick with Bangladesh RMG despite terror attacks
North American apparel brands and retailers’ group have decided to stay with readymade garment (RMG) sector in Bangladesh despite the terrorist attack on July 1 that saw the killing of…
Nandan Denim eyes 6-7 per cent volume growth
Nandan Denim is in the midst of expanding its capacity from 99 million metre per annum (mmpa) to 110 which would come on stream in the next three months, according…
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Physical stores continue to remain relevant as new retail trends emerge
Major retail destinations across the globe struggled to sustain demand throughout 2020 and 2021 as they continued to grapple with... Read more
Asia Pacific to dominate global textile growth as market moves to organic clothi…
Currently worth $530.97 billion, the global textile market is expected to grow at 8.3 per cent CAGR to reach $575.06... Read more
India-EU FTA to make trading system more fair and sustainable: Euratex
The current trade balance between the European Union and India in textiles and clothing is hugely tilted in India’s favor.... Read more
Fashion for Good’s first India report highlights textile recycling initiatives
To reduce dependence on virgin resources and decarbonize operations, the fashion industry needs to introduce, new textile recycling technologies, says... Read more
Maternity apparels market to reach $41.3 billion value in 2031: Report
Latest Future Markets Insights report shows, global sales of maternity apparel will increase 5.8 per cent year-over-year in 2021. Demand... Read more
APTMA outlines new reforms to stabilize Pakistan’s economy, boost exports
Sri Lanka’s economic fallout made headlines in the last few months. Pakistan is also on a similar path with most... Read more
Sri Lanka’s Stretchline Holdings using the downturn to spread wings beyond count…
The recent success of high-end apparel manufacturing nations like Sri Lanka can be attributed to three defining characteristics including robust... Read more
Vietnam’s textile and garment exports continue to grow despite challenges
A conference organized by the Trade Promotion Department, Vietnam’s Ministry of Industry and Trade highlighted, the country has grown to... Read more
Economic slowdown to impact global luxury sector: Survey
Nearly 59 per cent of respondents to a survey by the Global Expert Network members of the Luxury Institute believe,... Read more
Global secondhand market to grow at 11.2% CAGR from 2021-2031: Study
Increasing focus on sustainability is propelling the growth of global secondhand apparel market that is likely to expand at 11.2... Read more