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Retail discount schemes seesaw in impending recession markets

Retail discount schemes seesaw in impending recession markets

  To give or not to give, is the question that retailers and brands across all apparel categories are asking when it comes to giving discounting schemes to clear inventories piled up during the Covid years as well as to tide over the impending recession. As no two downturns are exactly alike, all branded se... Read more

Resale fashion ready to close the circularity loop

Resale fashion ready to close the circularity loop

    The once looked-down upon as the poor woman’s go-to, second hand fashion is no longer the poor country cousin but all the rage as societal changes are amply clear about today’s aware and evolved consumers habits, their relationship with ownership of material things and their buying behav... Read more

Proposed mega textile parks a potential game-changer for India's texti…

Proposed mega textile parks a potential game-changer for India's textiles industry

    The government’s decision of setting up seven Mega Integrated Textile Region and Apparel parks across the country will boost India’s textile industry and take it to the next level. The initiative aims to create world-class facilities, state-of-the-art infrastructure and an integrated val... Read more

Global inflation hits some countries harder

Global inflation hits some countries harder

    Top apparel exporters have been hit badly by ongoing inflation and unstable prices across the globe.Retail outlets are finding it tough to pay electricity bills,shipping charges and other logistics. At the same time, food prices have almost doubled leaving consumers cash-strapped in many countries a... Read more

Coats opens state-of-the-art Sustainability Hub in India

   Coats, the global leader in thread and structural components for apparel and footwear, has opened a new Sustainability Hub in Madurai, India. The state-of-the-art spinning and twisting pilot plant will further the company’s sustainability commitment and help achieve its new targets for 2026. Over... Read more

Fragmented lifestyle export market slowdowns Indian economy

Fragmented lifestyle export market slowdowns Indian economy

  India’s lifestyle industry is up and running with demand for locally made products for international markets reaching customers through online mediums. The changed landscape of Indian apparel industry has seen many small and local businesses enter the segment with specific and sophisticated products... Read more

Bangladesh RMG units increase sourcing raw materials from India

Bangladesh RMG units increase sourcing raw materials from India

  The saying that one man’s loss is another man’s gain is currently apparent for China. The country has been constantly losing ground in global market due to extended Covid restrictions and strict US sanctions that have made Bangladesh shift focus towards India for supply of man-made fiber yarn ... Read more

War and Xianjiang affect global raw cotton prices

War and Xianjiang affect global raw cotton prices

  In February 2022 Russia invaded Ukraine and a year later, economic upheavals across the globe have made everything worse in a post-pandemic world. Even after 12 months, there is no solution in sight for Ukraine and Russia as both try out newer forms of battle strategies and the world watches in despair. ... Read more

China’s market resurgence post-lockdown could turn up the heat on new …

China’s market resurgence post-lockdown could turn up the heat on new overseas players

  China’s economy has been effected because of year-long Covid restrictions and lockdowns coupled with drop in overseas demand. Consequently, business has slowed down creating widespread employment. Currently, there is huge pressure on Chinese factories as US demand has dropped after an inventory pile... Read more

Hyve Group UK and Products of Change drive fashion towards sustainabil…

Hyve Group UK and Products of Change drive fashion towards sustainability

    The Hyve Group’s bi-annual Spring-Autumn Fair, usually held at the National Exhibition Centre in Birmingham, UK, is the country’s leading offline and online marketplace for wholesale fashion, home and gift items. As a part of its commitment to the United Nation’s 17 Sustainable Dev... Read more

India’s cotton import bill up 200 per cent

India’s cotton import bill up 200 per cent

     Driven by record high cotton prices amid a global shortage last year, India’s cotton import bill surged 200 per cent in the 10 months to January 2023. Imports picked up sharply between July 2022 and December 2022. India imported close to 1,750,000 bales in the second half of 2022 compare... Read more

NCC predicts revival of world cotton consumption amidst a turbulent ec…

NCC predicts revival of world cotton consumption amidst a turbulent economy

  The National Cotton Council (NCC) of America’s 2023 ‘World Cotton Economic Outlook’ predicts a rebound of world cotton consumption, despite the pressures of a turbulent global economy. Year of 2022 was full of uncertainty and upheaval, and the US markets have been affected by increased m... Read more

Regulatory norms for e-commerce sector in focus among WTO members

Regulatory norms for e-commerce sector in focus among WTO members

    E-commerce is fast emerging the most preferred channel for trading and retailing, be it business to business trade or business to consumer retail. Having become a worldwide transactional platform, there is an urgent need for the rules and regulations to be standardized so that they can be applicable... Read more

Global brands put spotlight on textile mislabelling and fraud

Global brands put spotlight on textile mislabelling and fraud

  Global apparel retailers are now realizing that what you see is not always what it seems and are seeking to verify the authenticity of their products from supply sources to protect themselves from fabric mislabelling and fraud. Many premium brands are implementing strict regulations and monitoring process... Read more

Vietnamese textile and apparel exports gain 14.7 per cent YOY in 2022

Vietnamese textile and apparel exports gain 14.7 per cent YOY in 2022

    There was much concern in Vietnam about textile and apparel exports during the pandemic as the country’s textile and garment products account for a global market share of 5.2 per cent, making Vietnam the world’s third largest textile exporter. As per Vietnamese General Department of Cust... Read more

Global fast fashion polluting Africa

Global fast fashion polluting Africa

  Cheap and cheerful fast fashion on-trend clothing designs that move quickly from catwalks to shop shelves and online websites have taken over the global apparel segment. This fast fashion garment factory production focuses on quick trend replication and uses low-quality materials and synthetic fabrics tha... Read more

Cambodia’s garment exports slows down with EU recession woes

Cambodia’s garment exports slows down with EU recession woes

    The predicted economic recession with a trade slowdown this year in the US and European countries has hit major garment export markets like Cambodia. And it is expected to have a far-reaching effect both on the country’s apparel industry and living standards of lower wage earners. Having alway... Read more

18th ITMF survey instils optimism about business in 2023

18th ITMF survey instils optimism about business in 2023

    The International Textile Manufacturers Federation (ITMF), as the international forum of global textile industry, is now in a state of flux as the business situation has changed in a post-pandemic world. The just released 18th ITMF Global Textile Industry Survey highlights the ongoing gloomy economi... Read more

As technical textiles captures global attention, growth momentum to co…

As technical textiles captures global attention, growth momentum to continue

    Global technical textile market is growing at four per cent a year. The market for technical textiles is expected to increase across a variety of end-use industries, including agriculture, construction, aerospace, medicine, and packaging as more people become aware of their advantages. Modern biotec... Read more

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Making Indonesia 4.0: Govt implements machine restructuring program to boos…

   Indonesia's Ministry of Industry is rolling out a machine restructuring program... Read more

H&M posts surprise Q1 operating profit despite weak demand amid soaring…

   H&M, the world's second-largest fashion retailer, has reported a surprise o... Read more

Comprehensive development plan set to uplift Egypt's textile industry

   The Ministry of Public Business Sector in Egypt is set to open new textile fact... Read more

H&M, IKEA invest in plant pioneering sustainable regenerated cellulosic…

   A €35 million pilot plant has been established in southern Sweden to manuf... Read more

Global denim fabric market projected to reach $27.9 Bn by 2030, with a CAGR…

   The global denim fabric market witnessed a market size of $18.1 billion in 2020... Read more

ISSB unveils first global sustainability reporting standards for clothing, …

   The International Sustainability Standards Board (ISSB) has developed the first... Read more

LCF and Selyn redefine handloom textiles with blockchain technology

   London College of Fashion (LCF) students from the University of the Arts London... Read more

Zara's parent company invests in sustainable agriculture to protect the env…

   Inditex, the fashion retail group that owns Zara, has invested 15 million euros... Read more

Government calls for industry leaders to invest in Indonesia's supply chain…

   Indonesia's textile and footwear industries have demonstrated resilience in the... Read more

"A New Textiles Economy" report highlights urgent need for sustai…

   A new report released earlier this week by the Intergovernmental Panel on Clima... Read more

Eco-friendly textile chemicals drive market growth in Europe

   The Europe Textile Chemicals market is expected to experience steady growth in ... Read more

Global buyers shift sourcing to India, place big orders at Texprocil Event

   Buyers from around the world place big orders at an event organized by the Cott... Read more

Yarn Expo Spring 2023 to feature several fashion shows, trend zones

   The Yarn Expo Spring 2023 trade fair is set to take place from March 28-30, 202... Read more

Europe and US drive exports for Indonesia's TPT industry

   Indonesia's textile and footwear industries are driving the country's economy a... Read more

Inatex and Indo Intertex : Shaping Indonesia a TPT industry leader

   The Indonesian Textile Association (API) and several other associations will ho... Read more

China's spandex exports decline in first two months of 2023

   China's spandex exports have seen a decline in the first two months of 2023, ac... Read more

Unavailability of cotton and LC restrictions plunge Pak ind into crisis, ri…

   The textile industry in Pakistan is facing severe challenges due to the unavail... Read more

India's T&A exports decline in February 2023 due to anticipated global …

   India's exports of readymade garments (RMG) and raw textiles dropped by 12.1% a... Read more

New study finds way to recycle blended cotton and polyester fabrics using e…

   Researchers at North Carolina State University have discovered a way to use enz... Read more

“PVH diversifies sourcing from higher number of vendors in 2022”, as per an…

   PVH Corporation, the owner of popular fashion brands like Calvin Klein and Tomm... Read more

India Fashion Tex 2023: Reverse Buyer Seller meet attracts over 1000 intern…

   The India Fashion Tex 2023-Reverse Buyer Seller Meet (RBSM), jointly organized ... Read more

India's cotton exports surge as Turkey and Europe increase imports

   Turkey and Europe have been importing Indian cotton yarn at an unexpected rate ... Read more

European Commission exposes industry's self-governed sustainability definit…

   More than half of the green claims made by clothing and textile web pages are u... Read more

Texhibition Istanbul showcases latest textile trends with a focus on sustai…

   Texhibition Istanbul Fabric, Yarn and Textile Accessories Fair has successfully... Read more

India: Lalit Kumar Gupta appointed as new CMD of CCI

   The Appointments Committee of the Cabinet (ACC) has approved Lalit Kumar Gupta ... Read more

India's imports of viscose staple fiber surge as cotton prices hit record h…

   India's import of viscose staple fiber has been on the rise in recent years, wi... Read more

EU Proposes Net-Zero Industry Act to boost clean tech manufacturing

   The European Commission has unveiled a new proposal, the Net-Zero Industry Act,... Read more

India's rupee trade policy gains momentum as Sri Lanka and 7 other countrie…

   India's policy to facilitate trade in rupees is gaining attention from more cou... Read more

YKK recognized as "Supplier Engagement Leader" for reducing green…

   YKK Corporation, a global leader in fastening solutions, has been recognized as... Read more