Apparel import slight upward trend Q1 2023: Wazir Report
The reputed India-based consultants Wazir Advisors released their report on the first quarter of 2023, analyzing apparel imports and retail sales by four major economies, namely the US, the EU, the UK and Japan. The report also includes the analysis of India’s performance as an exporter of rea... Read more
Ethical fashion awareness promotes a greener environment
The Ethical fashion market has catapulted into the limelight in post-Covid times with rising awareness among consumers through social media campaigns and government initiatives of the environmental impact of fast fashion, and the growth of e-commerce is currently bringing about this change. Th... Read more
Indian textile and apparel not guaranteed good times ahead
The dreaded trending word that haunted the global economy in 2022, recession continues trending in 2023, claiming its latest victim, the world’s fourth largest economy, Germany. As the third largest economy, Japan’s recovery is painfully slow and the USA is continually teetering at the e... Read more
Brands recognize the growing influence of social platforms to boost online …
Social media when used wisely can give a casual and conversational extension to a retail company’s selling promotional campaigns and result in sales. Apparel companies are now using various kinds of social media to create a compelling customer journey according to age group and socioeconomic l... Read more
Environmental consciousness reshaping consumer’s preferences for fashion
Sustainability in the fashion sector is decades old now. It started when apparel companies began to introduce environmental practices into their businesses in the late 1980s. It's part of the movements creating more awareness on numerous environmental problems since the 1960s. The movement started g... Read more
Increased sales of yoga apparels sculpts the fitness industry
The pandemic if nothing else has proved that there is always a rainbow after the storm lifts, and that is the case with the global health and wellness industry as sales figures spiral up with customers increasingly purchasing apparels and accessories suited for their fitness regimes. Yoga as the most anci... Read more
Unreasonable demands from global exporters affect Bangladesh RMG makers
Things do get worse before they get better and the Bangladesh RMG segment is counting on that as their current profit margins sink deeper with international clothing brands demanding further discounts to place orders from their local apparel retailers. Global big and small clothing brands are now de... Read more
Japan markets encourage high-quality RMG exports from Bangladesh
Japan is emerging a strong market for Bangladesh readymade garments (RMG) industry with a healthy growth of over 42 per cent to cross the billion-dollar mark in the first nine months of 2022. And this trend is continuing in 2023 as well. Although the US and Europe are the largest export destination as mos... Read more
China’s luxury segment oscillates between highs and lows
China’s luxury apparel market is on a seesaw ride with its highs and lows leaving analysts puzzled with what is yet to come by the end of 2023. While some feel profit levels will be low with a post-Covid slow economy that has drastically hit spending, others opine it will soar, up and away int... Read more
Kelsun yarn made from seaweed to revolutionize the apparel industry
With a global slogan of a better environment for a better tomorrow, environmentalists have kick-started the fashion industry into combatting textile waste and changing the fashion segment into a sustainable and circular economy. The fashion segment is one of the world’s biggest polluters, with... Read more
Plagued by illegal imports and other challenges, Indonesia’s textile sector…
Indonesia, at the last count in 2022, was the world’s 10th largest exporter of textiles. However, the Ministry of Industry’s April stats revealed in March 2023, textile exports rose by 16.87 per cent compared to February 2023. The government-funded Export Task Force is keen to make texti... Read more
Premium jeans market on a high, projected to touch $12 bn by 2027: Study
Premium jeans are more a statement than the standard pair of denims. As Claire Dupuis, Senior Product Trend Forecaster at Cotton Incorporated and a denim specialist explains, the basic difference between a premium and a regular pair is the price with the lowest starting point being $100 for the form... Read more
India: Textile industry in Tamil Nadu faces loss as government requests mor…
The Tamil Nadu government has requested the Centre to allow more time for the textile industry to comply with quality control orders (QCOs) for the importation of viscose and polyester fibres. The government has suggested that the implementation of QCOs should be delayed until the Bureau of I... Read more
Customized graphic T-shirts will be top seller this summer: Study
The time is always ripe for upgrading wardrobes every season if the wallet permits as the saying goes: fashion is like eating and you shouldn’t stick to the same menu. Urban dressing has now become all about creating your unique visual style which is a reflection of attitude and personality an... Read more
Driven by steady demand, Nylon 6 market expected to touch $26 million by 20…
The synthetic polymer market led by nylon fibres which are far stronger and elastic than polyester fibres and can create smooth and lightweight fabric with high tensile strength, is doing rather well in the global markets. The Nylon-6 polyamide fibre which is semi-crystalline and commonly known as p... Read more
Imminent face-off between Shein and US authorities
Is the most successful fashion app Shein going the TikTok way? The U.S.-China Economic and Security Review Commission (USCC) just filed in a report about Chinese fashion app Shein and Temu in relation to data risk, which the Chinese view as retaliatory tactics by the federal government of the US tar... Read more
EU’s forthcoming GSP regulation may undo Bangladesh’s success story
The forthcoming European Union Generalised System of Preferences (GSP) scheme does no favor Bangladesh, points out EuroCommerce, the European body representing retail and wholesale sectors. It says the safeguard measures proposed in the forthcoming GSP would severely affect Bangladesh. Currently, Banglade... Read more
Luxury continues ruling while world tackles an economic slowdown
At the conclusion of 2022, the top five luxury brand values indicate that even though most of the world is in a fix with never-ending inflation, luxury just carries on as if all is well with the world. The top five luxury brands closed 2022 with brand values of: Louis Vuitton $124,273 million, Hermè... Read more
‘Bangladesh wants to cooperate and collaborate instead of competing with India,’ BGMEA President
Bangladesh apparel industry has bounced back from the pandemic with order books full and deliveries happening across the globe. Expecting to touch $41 billion in apparel ... Read more
‘Suppliers, brands need to rebuild relationships not to repeat similar mistakes in future’, IAF President
The pandemic and now the Russia-Ukraine war have put a lot of pressure on global apparel market across the value chain. The industry is coping with numerous issues includ... Read more
Growing demand from domestic, foreign players boosts India’s textile machinery b…
Heralding a textile revolution in India, the textile machinery industry is transforming from labor-intensive to a more modern and automated manufacturing ... Read more
Innovation key highlight at ITMA 2023
ITMA has announced it will continue to present and share innovative manufacturing technology and materials with the industry at its 19th edition in Milan.... Read more
Santoni launches new XT intarsia machine
Leading Italian circular knitting machine builder SantoniSpA has launched its new unique XT intarsia machine that combines all of the knitting possibiliti... Read more
Gartex Texprocess to be launched as a hybrid event
In conjunction with MEX Exhibition, Messe Frankfurt Trade Fairs India will hold Gartex Texprocess India as a hybrid event. The event will scheduled alongs... Read more
Kornit Digital reports revenues of $57.4 million in Q3
Kornit Digital reported revenues of $57.4 million in its third quartercompared to $47.3 million, net of $2.4 million attributed to the non-cash impact of ... Read more
European Parliament Tackles Fashion Industry's Harmful Effects
The European Parliament has taken a significant step in addressing the unregulated and detrim... Read more
Uganda Textiles Union broadens to include informal workers
The Uganda Textiles, Garments, Leather, and Allied Workers Union (UTGLAWU) is actively mobili... Read more
CHINA INSIGHTS
Contributed by Mr. Zhao Hong & Ms. Xing Rong
Amid unprecedented Non Woven growth, China revises mask quality standards
With the daily output of masks touches over 20 million, China introduces new standards for... Read more
China: Silk city Shengze is pilot zone for the world-class textile cluster
Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more
Bangladesh's Garment Exports Diversify Amidst Decline
Amidst negative growth in garment shipments to major destinations caused by inflationary pres... Read more
EURATEX Decries EP Report's Sustainability-Competitiveness Imbalance
EURATEX, the European Apparel and Textile Confederation, has expressed concerns about the Eur... Read more
Calvin Klein's Landmark Entry in New Zealand
Calvin Klein, the renowned fashion brand, has made its debut in New Zealand by ... Read more
Tom Glaser Headlines World Fashion Convention
The International Apparel Federation (IAF) and the Sewn Products Equipment &... Read more
Brazilian Textile Firms Thrive at Emitex Trade Fair in Argentina
The annual Emitex trade fair, held from April 25th to 27th, brought together ov... Read more
Target Faces $10B Valuation Drop Amid Pride Clothing Backlash
In the past 10 days, retail giant Target has experienced a $10 billion loss in ... Read more
Sri Lanka Apparel Exporters Struggle Amid Western Economic Slowdown
Sri Lanka's apparel exporters are facing a challenging period as they witness a... Read more
H&M Shutters Beijing Flagship Store Amid Changing Fashion Trends
Swedish fashion giant H&M recently announced its decision to close its flag... Read more