Textile

Global contents also translated in Chinese

MMF focus can help Bangladesh enhance textile value chain

From 2009-19, global textile and apparel trade grew at 3 per cent CAGR to reach $818 billion in 2019. Majority share is likely to be claimed by the apparel segment which is likely to grow to $470 billion, says a Textile Value Chain report. This will be followed by fabric and yarn as the second and third large... Read more

Highlighting achievements will help remove stigma around Bangladesh ap…

Bangladesh is regularly criticized for poor working conditions in its apparel factories, rising pollution, water wastage, etc. However, for several years, Bangladesh has supported apparel factories through the Accord and Alliance for Bangladesh Worker Safety agreement. The country has also carried out maj... Read more

Slow apparel, textile recovery calls for patience from industry leader…

The first quarter of this year is proving to be a boom for China’s textile and apparel industry with exports increasing 43.8 per cent to reach $65.1 billion, reveals China Customs Statistics Express statistics. As per China Textile, though China reduced its export projection for the year due to the pand... Read more

Regenerative agriculture gains ground in fashion with more brand inves…

A new concept known as regenerative agriculture is taking root in the fashion industry with brands like Patagonia, Allbirds, Timberland, Mara Hoffman, Christy Dawn, and luxury conglomerate Kering making heavy investments. As per reports, currently brands are producing only a small proportion of their raw mate... Read more

India’s yarn exports expected to surge as fabric exports remain stable

The boost provided by the US-China trade war to India’s cotton exports in marketing year (MY) 2019-20 was offset by the spread of pandemic. However, the country was able to control the pandemic’s impact through lockdowns and vaccination, reports SRTEPC. This also boosted area under cotton cultiv... Read more

Fast fashion brands come under fire for involvement in forced labor

Fast fashion brands, Uniqlo, Inditex, Skechers USA and French apparel group SMCP have come under fire after a French legal association Sherpa, human rights NGO Collectif Ethique Sur L’etiquette, the Uyghur Institute of Europe and an individual Uyghur victim filed a complaint against them with the ... Read more

Slowdown in EU, US create new opportunities for Chinese textiles and a…

The bull run that the Chinese textile and apparel industry experienced from November 2020 lasted until March 2021. However, by mid-M arch, the Chinese market started gradually weakening as in 2020 the US retail market struggled with inventory stabilization and recovery. US’ imports of textiles and appa... Read more

HKTDC International Sourcing Show underlines brands’ need to focus on …

In the webinar titled ‘The Perfect Storm: Future-Proofing Your Fashion Business’, Michael Ho, Marketing & Brand Partnerships Manager, Zalora, described 2020 as a year of expansion. The webinar was a part of the three fashion-related webinars hosted by the Online HKTDC International Sourcing Sh... Read more

Innovation and resilience to boost Bangladesh denim industry’s growth …

From production of basic wear, the Bangladesh and garment industry is fast transforming into a manufacturer of sophisticated garments aided by high-end technologies. A large part of this growth is being led by the denim industry, says a Denim Focus report. Already a reputed name in the world denim market, Ba... Read more

A new EU legislation may help thwart ‘land grab’ culture in Uzbekistan

The ban on Xinjiang cotton has shifted apparel brands’ attention to Uzbek cotton as well. As Apparel Insider report, huge tracts of land in Uzbekistan are being transferred to private operators for cotton cultivation. However, this has left many farmers destitute and poor. Farmers in the country are bei... Read more

COVID 19: An opportunity for luxury brands to create stronger value

The pandemic has brought profound challenges for the global luxury goods industry. As per a Bain & Company report, luxury goods sales fell to $331 billion in 2020. They are expected to reach 2019 levels only 2022-end or early 2023. A Forbes report estimates 2021 to be a year of transition for the luxury f... Read more

Green energy projects need policy support to boost COVID-19 recovery

Nearly all governments across the world have announced fiscal stimulus packages for their economies to recover from the effects of COVID-19. However, the proportion of funds allotted for sustainability initiatives in these packages is much lower than those announced during the Great Recession, says a report b... Read more

RMG focus can help Pakistan counter impending textile slowdown

As against the entire world, COVID-19 has proved to be a blessing in disguise for the Pakistan textile sector. The country has not only received backlogged orders but also orders diverted from other regional countries like India and Bangladesh. As per Business Recorder, against 5.6 per cent growth recorded du... Read more

Securing workers’ rights a major step towards building a better future

With order cancellations and payment deferrals becoming the order of the day during the pandemic, factory owners started laying off workers without paying even their due wages. As per an Al Jazeera report, some of these workers hail from countries that do not offer social security. In February 2020, a garment... Read more

Indonesia needs to focus on trade promotions to boost falling T&A …

COVID-19 changed public consumption patterns across the world last year. As per Indonesia’s industry ministry, consumption of textile and apparel products (T&A) declined to -8.8 per cent on an annual basis during the year. And as Redma Wirawasta, Secretary General, Association of Indonesian Fiber an... Read more

China needs to drive up use of lyocell fibers in textile industry

Despite being known as the green fiber of the 21st century, prices of lyocell’s prices increased only 6 per cent in January-February 2021 period, while prices of most other fibers increased over 30 per cent. As per a CCF Group report, one reason for this is the slackness in demand due to China’s L... Read more

Cutting consumption can reduce industry’s reliance on polyester

With lockdowns increasing demand for activewear, there has been 80 per cent rise in use of recycled polyester since 2019, says a report by The Gaurdian. A recent McKinsey & Company survey also finds a 151 per cent rise in search for sustainable activewear while 67 per cent consumers were seen scouting for... Read more

Spinning machines leader Marzoli India to relocate operations

Textile machinery manufacturer, Marzoli India plans to relocate its India assembly line from Hosur to Coimbatore. Incorporated in October 1994 in Bengaluru, Marzoli India’s parent company Marzoli International has over 170 years experience in manufacturing spinning machines. It was established... Read more

High-value apparel products will help India mitigate COVID-19 effects:…

Fashion retail markets across the world were under severe stress even before the COVID-19 crisis. A new KPMG report ‘Covid-19: Mitigation strategy for Indian textile and apparel sector’ highlights issues like deep discounting and damp consumer sentiments were already threatening the future p... Read more

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