In the recent past, you have wished and been wished a happy new year. When was the last time someone wished you happy new product? In case you have to stretch your memory about your last new product launch, chances are your products are dated! Let’s take a sock manufacturer as an example. Say, they have been happy with their business as the local market they have been supplying to has been kind to them. Business is steady and profits are healthy. They are unlikely to innovate, presumably somewhat oblivious that they are indeed part of the booming worldwide socks market. As retailers and e-tailers look for fresh new products to woo their customers, this sock manufacturer is likely to take a back seat. On the global scene, the socks market is one of the fastest growing segments of the apparel industry with a compound annual growth rate of 8.5% at present. By 2023, the global socks market is estimated to be worth around the $11.6 billion mark. Specialty socks, athletic s... Read more
Pinakin Chaubal holds Master’s degrees in Management and Textile Engineering. He has been a long time assessor for NATA ISO 17025 laboratory accreditation and has contributed to the review and drafting of several Australian, Joint Australian / New Zealand and International Standards on textiles, clothing and footwear. Global brands like H&M, Zara and most others are getting settled in India at an unprecedented rate. In fact, it’s more a case of who hasn’t entered the zoo, rather than who has. Global selling platforms like amazon.com have been successfully wooing Indian suppliers. Historically price sensitive apparel products like inner ware are moving to brand sensitive categories in the minds of local consumers. Now where does all this leave your product? At the centre stage! In this competitive market, if your product does not take the centre-stage, it will lag, struggle for a while and may eventually suffer from severe competitive arrest. Brand ma... Read more
The fourth edition of Texhibition Istanbul Fabric, Yarn, and Textile Accessories Fair, held at the Istanbul Expo Center from September... Read more
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a report states, in fiscal year 2022-23, the readymade garment export... Read more
The impact of climate change is here and how. Random flooding is commonplace and summer heat waves are the new... Read more
Wazir Advisors September 2023 report spanning June and July 2023 reveal not much has changed since August in terms of... Read more
One of the most popular clothing items across the world, denim jeans never go out of style and that is... Read more
CENTRESTAGE, Hong Kong's premier international fashion extravaganza, concluded with a resounding applause on September 9, 2023, marking a spectacular moment... Read more
Europe was and continues to be in pole position for western wear for men, women and children. A recent report... Read more
Hong Kong's own fashion sensation, REDEMPTIVE, by designer Wilson Choi took the spotlight at CENTRESTAGE Hong Kong 2023, unveiling its... Read more
As the curtains fell on the 2023 edition of CENTRESTAGE, Asia's premier fashion event, a sense of accomplishment and innovation... Read more
Japanese fashion designer Emi Funayama and her brand FETICO made their Hong Kong debut at CENTRESTAGE 2023, Asia's leading fashion... Read more