Textile

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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

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…

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

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

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

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

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 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…

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

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…

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

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 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

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

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

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

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…

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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