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
As inflation impacts sales, fashion brands look for ways to cope with press…
Global fashion industry, just like most other consumables industries have realised the ongoing inflation isn’t going to slow down any time soon as the world couldn’t find time to recover from the pandemic before being hit by the economically-disruptive Russian invasion of Ukraine. High inflati... Read more
Global lingerie segment to jump from $78.7 billion to $ 119.4 billion in si…
Lingerie has come a long way since the time it was considered a female tool of seduction and titillation.The global lingerie marketwas worth $78.7 billion in 2022, reinforcing demand worldwide. A study by the IMARC Group expects the market to reach $119.4 billion by 2028, growing at a compounded ann... Read more
Report on environmental cost of online’s free returns policy in UK released
According to a report by the British Fashion Council's Institute of Positive Fashion, “Solving fashion’s product returns: How to keep value in a closed-loop system”, outlines a framework of recommendations to address the issue. The report highlights the need for the fashion industry to t... Read more
Global ethnic wear market to reach $177.2 Billion by 2031, driven by rising…
The global ethnic wear market is expected to reach $177.2 billion by 2031, growing at a CAGR of 7.2 per cent from 2022 to 2031, according to a new report published by Allied Market Research. The report cites increasing demand for fusion wear globally, the emergence of mix-and-match styles, the availabili... Read more
Global home textile market to be a $140 billion industry by 2027: Study
Canada-based Transparency Market Research has published a comprehensive analytical report on the global status of the home textile sector. The research covering 2019 to 2027 states, the market growing at a CAGR of 5 per cent will be worth $ 140 billion. In another report published by Markets & R... Read more
India: GST and high inflation a deadly combo for Surat mills
Mills in Surat reported a substantial drop in business around Diwali 2022. The estimated decline compared to the same festive season of 2021 was 60 per cent, a near death-knell for the synthetic textile sector in Gujarat’s second largest city. What are the main reasons for this sharp decline i... Read more
Tencel and RCGD Global showcase sustainable fashion at the Oscars for the f…
Lenzing’s Tencel brand and RCGD Global, formerly known as Red Carpet Green Dress, have teamed up for the fourth year running to highlight eco-couture at the Oscars. Sustainble Oscar occasion wear Bailey Bass and Chloe East wore bespoke sustainable occasion wear made from Tencel branded fibres and ... Read more
Men’s formal suit segment undergoes alterations
The traditional classic readymade men’s suit will always stay relevant in the premium formal wear retail segment, even if its popularity has slightly waned in post-Covd dress-down times. With an USP of making the wearer stand out whenever and wherever, this is a forever style even when bespoke or made-t... Read more
China’s exports move south as global companies relocate production
Weakening demand from globally fashion brands due to supply chain chaos, higher manufacturing costs post-Covid and international concerns about inhuman factory working conditions are leading to a major economic slowdown in China. With supply chain risks, many brands across the apparel industry are r... Read more
Demand for plus size clothing reinforces the niche category’s global growth
On, February 22, 2023, Amazon India went live with its plus size store that has the finest collection of plus size clothing for Indian consumers, curated from leading fashion brands in India – Biba, Bigbanana, Pluss, Allen Solly, NYKD and the U.S. Polo Association among others. The outlet offe... Read more
Recovering China textile markets reflect unpredictable demand
While analysts await the results of China’s textile demand in the first quarter of 2023, there seems to be some improvement in textile end-user demand compared to the second half of 2022, mainly apparent in the country’s domestic demand. Although end-user demand graph may be close to the peri... 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
Showcasing complete approach to the vibrant ensemble
Benetton’s new creative director Andrea Incontri's latest runway show, held on Feb 25 for the United Colors of Benetton incorporates the concept of infinity to represent the brand's generational history. The linearity of time is transformed into an endless cycle of products, values, and aesthetics, ... Read more
Denim apparels continue to reign globally as casual dressing becomes the no…
Denim market growth has always been a steady even in the most fluctuating of global economies. Reason: it is a fundamental component of the casual wardrobe and popular across all social and economic segments for men, women and children. With casual dressing becoming the norm in a post-pandemic world, many... 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
Fashion retailers expect modest holiday-quarter results
With post-pandemic-induced shopping spree, global industry-wide Christmas sales and India’s wedding and festive season all over, apparel retailers are now doing reality checks. This is because the first financial quarter of 2023 has opened bleakly. What’s more, recession fears are looming in t... 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
Minister promises to address liquidity crunch for Pakistani garment exporte…
Federal Commerce Minister Syed Naveed Qamar has responded positively to the dem... Read more
Sharaf Group plans to open 17 new stores globally
Sharaf Group, a prominent retail conglomerate, is planning to open 17 new store... 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
UAE, Cambodia conclude talks on Comprehensive Economic Partnership Agreemen…
The United Arab Emirates (UAE) and Cambodia have recently finalized discussions... Read more
China's apparel exports to UAE decline in 2022 despite post-COVID recovery
China's apparel exports to the United Arab Emirates (UAE) experienced a decline... Read more
India to export $350 Bn worth of goods through e-commerce by 2030: GTRI
India should aim to export USD 350 billion worth of goods through e-commerce by... Read more
Brands embrace omnichannel strategies to improve customer experience, boost…
Fashion brands such as Zara, Nike and others are adopting omnichannel retail st... Read more
India: TN's textile industry set to benefit from govt's policy initiatives …
Tamil Nadu's textile industry, which accounts for one-third of India's textile business siz... Read more
Bangladesh apparel exporters lobby for extended duty benefits
Bangladeshi apparel exporters are lobbying major trading partners and blocs to ... Read more
Tennis apparel market in Americas set to grow by $82 Million by 2027, drive…
The tennis apparel market in Americas is set to grow by USD 82.08 million betwe... Read more
Surging garment imports from Bangladesh, a cause of concern for India
Bangladesh’s garment exports to India surges significantly to over 61 % t... Read more
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