Synthetic fibres ruling global textile markets, time for India to take adva…
In a world that prefers synthetic rather than natural materials due to lower pricing and easy availability in just about anything in daily living, man-made fibres are doing well in the textile industry. Market analysts say the global synthetic fibre market was valued at $62.65 billion in 2021 and is expec... Read more
10th Intex India to be attended by leading Indian and Overseas buyers from …
The 10th Intex India, the premier international textiles sourcing show of South Asia, will be held in Hall 3GF, Pragati Maidan New Delhi from December 8 to 10, 2022. This year, alongside the exhibition, Intex India will hosted RBSM which is jointly organised by FICCI Federation of Indian Chamb... Read more
Metaverse emerging the new playground for fashion retail: McKinsey-BOF repo…
In 2014, when Mark Zukerberg acquired the virtual reality platform Oculus for Facebook, no one knew what would follow. Leap forward by seven years and October 28, 2021 saw Facebook Metaverse launched. This virtual platform was the opening up of Pandora’s Box, in a good way. The myriad possibil... Read more
Social shopping gains traction in fashion retail, states McKisey-BOF report
Social shopping isn’t exactly new as an e-commerce technology which uses shared social network of friends and contacts. It replicates an individual’s shopping experience of being with friends or those who influence their choices – suggestions, recommendations, validations – all rea... Read more
Devoid of business, Pak still awaits Christmas buyers
Textile exporters in Pakistan are still waiting for their Christmas orders. A buying freeze abroad has hit all segments, from apparel, denim and knits to home textiles. As a rule of thumb, international markets move six months in advance. Hence, Christmas orders are placed in June-July and de... Read more
Apparel, footwear to be ‘deprioritized’ with consumer shift in purchases in…
The much-awaited ‘The State of Fashion 2023’ report launched on the second day of the annual gathering of industry experts in London by the Business of Fashion Voices in association with McKinsey & Co reiterates a fact that has already been trending, i.e. global slowdown of the fashion sec... Read more
Consumers can look forward to lower apparel pricing in 2023
Every cloud has a silver lining and industry analysts are predicting good things for 2023. After rampant inflation in 202, with disruption in supply chains after the pandemic, there is a positive projection that the cost of goods as a whole, including apparel, should start to come down by next year. US-b... Read more
Gen Z to drive growth in gender fluid fashion in 2023 says, BOF-McKinsey’s …
Year 2023 shows a greater acceptance and following of gender-fluid fashion as detailed research in the just published Business of Fashion and McKinsey & Company’s report ‘State of Fashion 2023’ reveals. Gen Z is the key segment driving popularity as this generation does not ide... Read more
Textile chemical market grows by four per cent
The global market for textile chemicals is growing by four per cent a year. Textile chemicals are used in many parts of the manufacturing process to ensure that fabrics, yarns, and fibers are produced with consistent results across multiple batches. In addition, textile chemicals can help create innovat... Read more
Almost 56% top fashion industry leaders expect a slowdown next year: says M…
The Russia-Ukraine war, growing inflation and supply chain pressures are two of the biggest threats to the global fashion industry in the run-up to a challenging year, states The State of Fashion 2023 released by The Business of Fashion and McKinsey & Company today. The other key insights of the... Read more
October textiles exports a downer for India
The world of international trading has been grappling with one challenge after the other since the pandemic, followed by the war theatrics Europe. Many sectors had roller coaster rides and are continuing to do so, trying their best to keep their heads above the water. For the Indian textile exporter... Read more
Unpredictable times for global brands as inflation, war hit consumer sentim…
At the beginning of 2022, across the world few brands were surpassing their pre-Covid performances. They benefited from a burst of pent-up consumer demand that was expected to continue. But the Ukraine War, cost-of-living crisis and ongoing supply chain issues has eroded this optimism somewhat... Read more
Despite recession fears, global luxury market grows 21%, outlook bright: Ba…
The global luxury market has grown 21 per cent from 2021, says a recent report by Bain & Co. and Altagamma. Despite worsening economic conditions, high inflation and rising costs of living, coupled with ongoing Covid restrictions, some 95 per cent luxury brands have clocked in positive growth in... Read more
Remake’s Fashion Accountability Report 2022 shows fashion companies not mee…
After the two years of the pandemic that turned the world upside down, Remake World – a global advocacy organization that fights for fair pay and climate justice in the $3 trillion clothing industry- is all out to revamp sustainability issues and repair and remake the future of fashion. Remake Worl... Read more
Indian cotton gains market share in Turkey’s textile sector
October 2022 saw a decline of cotton prices globally and Turkish cotton growers are feeling the pinch as they are struggling to control their production cost to meet worldwide prices. However, between January and October 2022, Turkiye has seen an overall growth in its textile exports, primarily led by Afr... Read more
IAF rebuilds trust issues in garment export segment
A fairer distribution of risk and reward between buyers and producers is the main focus of International Apparel Federation (IAF) in the aftermath of Covid years. IAF, the world’s leading federation for apparel manufacturers, (SME) brands, their associations and the supporting industry with membersh... Read more
Lenzing tops Canopy’s Hot Button Ranking 2022 for third time
Austria-based Lenzing Group is spinning waves in the textile industry. Recently it emerged in top position in the Hot Button Ranking 2022 of Canadian non-profit organization, Canopy, which works collectively with some of the world’s largest fashion and beauty brands to bring forest-saving solutions ... Read more
Delhi to host 10th Intex India from December 8, leading buyers from India a…
The 10th Intex India, a premier International Textiles Sourcing Show in South Asia, will be held in New Delhi from December 8 to 10, 2022. Showcase fabrics, accessories from across the world To keep accelerating India positive growth story, Intex India will showcase international suppl... Read more
Economic slowdown in the West will affect global apparel exports in 2023: W…
Wazir Advisor’s latest report, ‘Apparel Trade Scenario in Key Global Markets and India - Nov 2022’ reveals India’s garment export was not up to the mark at all, having suffered a decrease of 24 per cent compared to October 2021. However, on YTD basis the exports are 11per cen... Read more
Clean Clothes Campaign red flags Pakistan on safety
Since 1989, Netherlands-based Clean Clothes Campaign has been working for the interest and betterment of workers in the textile and garment industries. It is now a global network of 235 organizations across 45 countries, helping identify work-force related issues that workers in these industries face and ... Read more
India should focus on emerging as the world’s largest producer and exporter…
Good times are spinning for the Indian hosiery industry expectations unfold for a ten-fold growth in the next 25 years with focus on a long-term adoption of good cotton farming practices and India becoming more self-reliant. Like a fish in troubled waters, now is the time for India to increase its global ... Read more
Its return to luxury as sales rise across the world, Asia leads the pack
When the sector’s growth percentage for 2022 is at 22per cent, then luxury can claim to have returned to its pre-pandemic glory. As per a Bain & Company Luxury Study presented earlier this week in Milan, the news is good for a sector that took a beating during the last two pandemic years. ... Read more
Vietnam textile industry faces demand decline due to slowdown
Vietnamese textile and garment factories are currently in muddy waters as they are facing lower-than-expected orders from key trading partners along with a decline in cotton and yarn, fabrics and textile exports over the last two months of September and October. The fluctuations are however slight and an... 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
Pak men’s apparel exports to China up 17 per cent
Pakistan’s exports of men’s apparel to China increased by more than... Read more
Fall in China retail sales value
China’s retail sales value of consumer goods was down 0.5 per cent year o... 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
Yarn Expo in March 2023
Yarn Expo will be held in China, March 8 to 10, 2023. A comprehensive selection... Read more
Premiere Vision New York show will feature Brazil
Brands from Brazil will participate in Premiere Vision New York, January 17 and... Read more
Victoria’s Secret Q3 revenues down nine per cent
Victoria’s Secret revenues for the third quarter fell nine per cent. Comp... Read more
Vietnam gets environmental friendly
Vietnam’s textile and apparel industry plans to be more environmental-fri... Read more
Shein tops popular brands list
Shein is the world’s most popular fashion brand. So says price comparison... Read more
Forever 21 launches on metaverse
Forever 21 is a celebrating a year on Roblox. Since its launch on Roblox last y... Read more
Drop in Bangladesh export value addition
The value addition in Bangladesh’s garment exports decreased in the first... Read more
Europe turns to secondhand clothing
Reselling platforms are giving clothes a new life. So says Savoo. Among these p... Read more
Germany hosts View Premium Selection
View Premium Selection took place in Germany, November 29 to 30, 2022. The show... Read more
Bangladesh fair in February
‘Dhaka International Textile Garment 2023’ will be held in Banglade... Read more
Cotton production faces sustainability challenges
Cotton is the most used natural fiber. Cotton originates from the Arabic word q... Read more
India: Orissa seeks textile and apparel investors
Orissa is inviting investors for textile and apparel. The aim is to facilitate... Read more
Despite sustainability challenges, fast fashion market set to grow
The fast fashion market is growing at four per cent a year. Fast fashion is an... Read more
EU seeks thicker winter clothing to fight energy crisis
Due to the energy crisis in Europe it has been receiving requests for thicker w... Read more
Eurojersey and Cifra offer hi-tech crochet
Eurojersey has partnered with Cifra in introducing a revolutionary new feature ... Read more
H&M cuts down on staff
H&M will cut some 1500 jobs. This has been made necessary because of weaker... Read more
Iran revives garment exports
Iran’s garment exports are on the rise. Iraq, Azerbaijan and Afghanistan ... Read more
Giordano opens stores in the Gulf
Giordano is expanding business opportunities in the Middle East. This includes ... Read more
Birkenstock clogs in hall of fame, other brands awarded
Birkenstock’s Boston clogs are the shoes of the year. So says luxury fash... Read more
Bangladesh wants duty free into US
Bangladesh wants the US to allow duty-free imports of clothing made from US cot... Read more
Recycled waste to produce Ctrl+Z denim fabric
New circular concepts, efficiency-driving technologies and fashion are enticing... Read more