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Ensuring investment security, profitability through rightsizing

Ensuring investment security, profitability through rightsizing

  Bigger may not be better in case of the textile and apparel industry; especially during the current unprecedented times. And as Md. Eousep Novee argues in the article ‘Rightsizing the textile and apparel industry to make business sustainable’ published in TextileToday, the industry needs to tame i... Read more

Aligning business with changing values to help sportswear brands ensure sus…

Aligning business with changing values to help sportswear brands ensure sustainability

  It’s common to see people wearing suit with casual shoes, leggings with heels, or yoga pants at work. Growing interest in health, recycling and environmental protection is compelling consumers to mix sports and fashion and create new style trends. Sportswear brands are adapting to this new reality by co... Read more

US retail bankruptcies reach a record high

US retail bankruptcies reach a record high

  As the pandemic stretches on, retail bankruptcies have reached an all time high in a decade. COVID-19 is bleeding the US retail industry with around 43 retailers filing for bankruptcies so far, says S&P Global Market Intelligence report. Latest retailers to go into administration include Le Tote, owner of... Read more

Fashion industry seeks a plastic free future

Fashion industry seeks a plastic free future

  Global response to ‘ban plastic’ call has been quite encouraging with people discarding most of their plastic bottles and bags. However, this is not enough to control rising plastic pollution as majority of microscopic, hair-like plastic fibers are not visible to the naked eye. They easily course ... Read more

Retailers in US, Europe face uncertain future with second round of store cl…

Retailers in US, Europe face uncertain future with second round of store closures

  A resurgence of the pandemic in the US, Australia and some European countries has led to governments tapering off support for fashion businesses in these countries. Compounded by the stress of intermittent reopening and reclosing of stores, fashion retailers in these countries are planning to declare bankrupt... Read more

World textiles, apparel exports fell in 2019, India remained among top expo…

World textiles, apparel exports fell in 2019, India remained among top exporter: WTO

  Global economic slowdown and US-China trade war caused the world merchandise trade to fall for the first time in 2019 since the 2008 global financial crisis. According to newly released World Trade Statistical Review 2020 report by WTO, world merchandise trade fell by 3 per cent in value and 0.1 per cent in v... Read more

Efficient returns management helps retailers improve their eco-footprint

Efficient returns management helps retailers improve their eco-footprint

  COVID-19 has made the returns process much more easier and eco-friendly than earlier, says Charlotte Monk-Chipman, Marketing Director, ReBound, which has worked with Asos since 2015, as well as Toms and PrettyLittleThing, among others. Earlier, customers had to download and print their labels and return infor... Read more

A blow to Asia as companies diversify supply chains post COVID-19

A blow to Asia as companies diversify supply chains post COVID-19

  Disruptions caused by COVID-19 is inducing 57 per cent textile and apparel organizations to diversify their sourcing away from Asian countries like China, Vietnam and Bangladesh, says the Supply Chain Resilience Report 2020 by BCI. Many apparel companies plan to shorten their supply chains due to the pandemic... Read more

Diversification is key to future success of Lithuanian textile and clothing…

Diversification is key to future success of Lithuanian textile and clothing sector

  In April’20, the Lithuanian Association of Clothing and Textile Companies (LATIA) predicted one third of its clothing and textile companies would go bankrupt and a quarter of people would lose their jobs. The association welcomed the government’s post-quarantine assistance measures, in particular ... Read more

Rise of new Chinese domestic luxury shopper

Rise of new Chinese domestic luxury shopper

  As the pandemic has incapacitated Chinese high-end shoppers, luxury players like Balenciaga and Montblanc are rethinking their strategies to reach these consumers in Mainland China. Earlier, around two-thirds of Chinese consumers shopped for luxury goods overseas, says consultancy Bain & Co. This shopping... Read more

Rebuilding trust between brands and retailers essential for future business

Rebuilding trust between brands and retailers essential for future business

  COVID-19 is drastically altering relations between brands and retailers. With fear of bankruptcies and subsequent non-payment looming over them, factories are choosing their retail partners with due diligence and emphasizing on a strategic partnership. As Peter Maerevoet, Global Chief Financial Officer and S... Read more

Deep-pocketed investors to shape the future of fashion market

Deep-pocketed investors to shape the future of fashion market

  COVID-19 forced investors across the world to go into ‘life-raft’ mode and shore up their businesses. However now, investors are reconnecting with potential partners leading to some significant deals in the last few months. Some of the most significant deals that were cracked recently include KKR&... Read more

Better quality, transparency to boost Vietnam’s apparel & textile expor…

Better quality, transparency to boost Vietnam’s apparel & textile exports post-EVFTA

  Despite Europe being a huge market, Vietnam’s textile and apparel exports to the continent is worth merely $8 billion. The country exported over $2 billion worth garments and textiles to Europe in past six months while exports to the continent in the past year exceeded $8 billion. Currently, European Un... Read more

A committed and responsible garment industry to drive Asian economies post …

A committed and responsible garment industry to drive Asian economies post COVID-19

  Recovery strategies planned by governments across the world would be of no value for Asian countries if they fail to address the issues of local garment sectors. As data from World Trade Organization indicates; a bulk of Bangladesh’s merchandize exports in 2018 comprised apparels. Similarly, the garment... Read more

Behavioral changes, sustainable materials can help brands manage biodiversi…

Behavioral changes, sustainable materials can help brands manage biodiversity

  The planet’s biodiversity is declining at a fast rate with the apparel industry being one of the most significant contributors to this loss. Indeed, global apparel companies have been launching myriad initiatives to become carbon neutral. However, measuring the impact of their operations on the environm... Read more

HKTDC launches advanced online virtual exhibition

HKTDC launches advanced online virtual exhibition

  In view of the current COVID-19 pandemic situation, the Hong Kong Trade Development Council (HKTDC) has migrated the nine physical exhibitions originally scheduled to be held by the end of July onto an online platform. In addition, an artificial intelligence (AI)-enabled business matching service is being int... Read more

Innovators can help garment industry break the shackles of low productivity

Innovators can help garment industry break the shackles of low productivity

   As majority of cotton farming and global textile and garment production happens in the developing countries, the textile and apparel industry is beset with issues such as inhuman working hours, lack of proper sanitation and drinking water, dreadful work environment and disregard for workers’ healt... Read more

Circularity and sustainability in focus at 1st digital Global Apparel Sourc…

Circularity and sustainability in focus at 1st digital Global Apparel Sourcing Expo

   Believing that unprecedented times call for unprecedented measures, the International Apparel Federation launched its first digital Global Apparel Sourcing Expo on July 16 in partnership with Foursource and Sourcing Journal. Featuring over 10,000 products by more than 200 exhibitors, the expo was launch... Read more

China beats COVID-19 blues with record attendance at CHIC Shezhen

China beats COVID-19 blues with record attendance at CHIC Shezhen

  Indicating China’s strong recovery from COVID-19 pandemic, the latest edition of Greater Bay Area International Textile and Apparel Expo, held from July 15 to 17, 2020 recorded the presence of over 42,374 visitors. Spread over 80,000 sq. mt. exhibition space the three expos CHIC Shenzhen, Intertextile, ... Read more

Global cotton production at a four-year low in 2020-21

Global cotton production at a four-year low in 2020-21

  The 14th USDA Cotton and Wool Outlook predict global cotton production in 2020-21 will decline to a four-year low of 116.2 million bales. This is also 5.5 per cent decline from production in previous year. In 2020-21, the area under cotton cultivation is also forecasted to decline by 6 per cent to 33.0 millio... Read more

Brand accountability calls for collaborative efforts by suppliers

Brand accountability calls for collaborative efforts by suppliers

   For decades, suppliers have been made a scapegoat by fashion companies and the same is true during COVID-19 as well. Taking undue advantage of the ongoing pandemic, companies have either been exploiting the loopholes in their contracts to cancel orders or voluntarily changing the terms of supplier agree... Read more

Transparency and innovation to help brands and retailers improve sales post…

Transparency and innovation to help brands and retailers improve sales post COVID-19

  Fashion analysts including McKinsey believe brands and retailers, who successfully navigate through COVID-19 crisis, will drive new online customer experiences, product information transparency and seamless payments and delivery. In a recent article ‘The fashion market needs a reset’ published in ... Read more

An organic supply chain can help India boost exports, employment

An organic supply chain can help India boost exports, employment

   Companies that once prided on having their supply chains spread across the world, are now mulling new technological solutions within Industry 4.0 domain such as Artificial Intelligence (AI), robotics and additive technologies (3D Printing) to bring manufacturing home (back-shoring) or in countries close... Read more

COVID 19: An opportunity for fashion retailers for a circular business mode…

COVID 19: An opportunity for fashion retailers for a circular business model

  A report by GlobalData revealed post COVID-19, sustainability has become one of the most important theme for fashion businesses across the world. Public anger over the lack of action on climate change and corruption has accelerated sustainability discussions amongst fashion retailers. Retailers need to adapt... Read more

Nearshoring, a distant dream feel US apparel manufacturers

Nearshoring, a distant dream feel US apparel manufacturers

  Even though it’s perceived as a positive step, US apparel manufacturers are skeptical about increasing calls for nearingshoring supply chains. They believe, textile and apparel production in the US is unlikely to return to its former glory as it does not have the required scale and quality of raw materi... Read more

Bangladesh RMG sector needs a proper cost analysis to push up earnings

Bangladesh RMG sector needs a proper cost analysis to push up earnings

  The second-largest apparel supplier to the global apparel market, Bangladesh might soon lose its coveted title to Vietnam as its apparel exports declined to just 0.44 per cent against 7.30 per cent export growth achieved by Vietnam in 2019. Since the last few years, the Bangladesh readymade garments sector ha... Read more

Chinese designers make a mark with exclusive boutiques, fashion shows

Chinese designers make a mark with exclusive boutiques, fashion shows

  Known for their artsy, edgy and socially risky designs, Chinese designers like Qiu Hao and his partner Wang Chuqiao (Qiaoqiao) have cemented their position by opening designer boutiques in the country. These collective designer shops such as those on Brand New China (BNC) and Dong Liang have provided Chinese ... Read more

Coronavirus Impact
LEADERS SPEAK

‘Retailers need to inform customers about the category of masks they are selling’

Bobby Arora, Director, Status Quo

Bobby Arora Status Quo“We wait for customers to come into our stores. At this moment it is important for every offline retailer to reach out to their customers and tell them about the new products they have started selling. They need to tempt and bring their customers to buy their product and when they buy they will obviously come in and buy more products. Sometimes even though we do not want to buy online but the continuous rotation of ads tempt us to buy the product but this doesn’t happen offline. In today’s situation retailers will have to adopt this approach of showing customers the products they need as it could be they are delaying the purchase of these products.” 
Read Full Interview Here

“China’s superiority may remain unchanged even after COVID-19”

Akira Kawashima, Senior Director, Japan Fashion Week Organization/Textile Division
Akira Kawashima Senior Director“Due to the turmoil caused by COVID-19, global apparel and textile industry has been greatly affected. In Japan, many people are forced to work from home and consequently not only individual workers (including freelancers) but also company employees are frightened of large-scale personnel-cuts. Incomes have reduced to 60 per cent of normal. Amid such a situation, people’s desire for ‘dressing’ is low. This tendency will continue for a while even after COVID-19 is over, which will lead to local small-mid-sized textile companies suffering from lack of funds, as they cannot wait for recovery, causing more bankruptcy and/or voluntary closures.” 
Read Full Interview Here

“Discount retailers and value-oriented brands stand to win”

Usha Periasamy, Director, Brands & Operations, Classic Polo
Usha Periasamy Director Brands Operations Classic Polo“Consumer spending is dramatically curtailed during a recession. Consumers have adopted short-term behaviour during the pandemic that in many cases will become permanent, as a lesson learned from such unprecedented occurrences. Not only do consumers become more financially conservative but also credit may become less available and a large cohort may go into default on their debt, dramatically limiting purchasing power. Consumers will wake up from the pandemic in a new economic reality, changing their commercial behaviours in extreme ways.
Read Full Interview Here

“Deferral of some duty payments and import fees would provide needed liquidity” 

Steve Lamar, President and CEO, AAFA
Steve Lamar President and CEO AAFAUS deferred duty payments on some imports for 90 days. American Apparel & Footwear Association (AAFA) President and CEO Steve Lamar agreed the deferral of some duty payments and import fees would provide "some of the liquidity needed to keep more Americans employed and more American companies operational during this crisis."
But he added: "Limiting the goods that qualify for deferral will in turn limit the relief that is provided for America's employers and also limits the beneficial impact for US supply chains that have been mobilised to meet the personal protective equipment shortage we face domestically. We urge that all goods – including textiles, apparel, footwear, and accessories facing Section 301 tariffs – be covered by this deferral action. Every day we have to pay those duties means another day we can't pay our workers." 
Quoted in Just-Style

Don’t use this opportunity to stitch up suppliers’

Simon Carter, Founder, Simon Carter menswear brand, UK
Simon Carter Founder Simon Carter menswear brand UKMy approach at the moment is that if you don’t need the expense, cut it, but don’t use this as an opportunity to stitch up suppliers. We are hearing stories of brands and retailers that are doing that but in my opinion it won’t serve them well in the longer term. The supply chains are going to be ravaged after this and you will need them. People will remember.
Cut costs and try to keep your cash where you can but you will be judged at the end of this. Try and make low level payment plans at the very least. Similarly, the Coronavirus Jobs Retention Scheme is very generous scheme. Be very careful with the furlough process and don’t abuse it. The government will be checking up. 
Quoted in UKFT

Crisis presents opportunities, and we will be ready to act on those that make good strategic sense”

 Chip Bergh, CEO, Levi Strauss
Chip Bergh CEO Levi Strauss“I also believe that crisis presents opportunities, and we will be ready to act on those that make good strategic sense,” said Chip Bergh, CEO, Levi Strauss , “ not underplay the human cost of the pandemic, or the need to protect employees,” he said, during a conference call with investors.
“Whether that’s taking back underperforming franchise businesses, or upgrading real-estate locations because of retail bankruptcies, or finding great talent in a decimated job market, the crisis gives us an opportunity to not just renew the business, but to reset it for the future.”
“We will play to our strengths, leveraging the strength of the brand, our connection with our fans, and the digital capabilities and omnichannel capabilities that we’ve invested in over the last few years,” he added. 
Quoted in WARC

“Coronavirus lockdown has changed our lifestyles in ways that make buying new clothes particularly irrelevant”

Andrew Lipsman, Principal Analyst, eMarketer
Andrew Lipsman Principal Analyst eMarketerConsumers are actually spending more on essential goods: Grocery stores saw a 26.9% increase in spending and health stores saw a 4.3% increase. This is partly because these are the only brick-and-mortar stores that are allowed to remain open right now, but it is also because consumers are worried about spending money unnecessarily with a significant recession looming on the horizon. Across the board, sectors that rely on discretionary spending have seen declines. “There is a lot of uncertainty and anxiety about the future,” says Andrew Lipsman, principal analyst at the research firm eMarketer. “People are shifting their spending to focus on the things they really need and cutting their budgets on less essential goods.” Quoted in Fast Company
Read Full Interview Here

‘India can take advantage of this situation and increase its textile exports’

G B Aras, Director Textile Engineering Group, ATE
G B Aras Director Textile Engineering Group ATE“One inherent advantage Indian textile industry has is that we are fully independent as far as the supply chain is concerned. Compared to other industries like pharmaceutical, electronics etc, their supply chain is dependent of global suppliers including China. So the industry that can really take advantage from global market with sustainable increase in exports is textile. If the government realizes this and gives proper support the industry will bounce back faster and increase its export share.”
Read Full Interview Here

“Buyers and Sellers should plan together to see how they can sustain”

K K  Lalpuria, MD, Indo Count 
K K Lalpuria MD Indo Count“The current situation is very uncertain, complex and unprecedented. Customers who closed their stores or point of sales have no option but to cancel their orders. In fact, we are unable to ship to even those who have not cancelled their orders. Some have deferred it where there is low impact believing it may start by the first week of June. As the situation has impacted both parties in the business they should take each other’s views in resolving issues; should be open for suggestions and see mutually how they can minimize the loss. They should plan together to see how they can sustain their market share and build on opportunities.
Read Full Interview Here

‘We need to learn from this crisis and push ourselves to be self-dependent’

R K Agarwal, Chairman, Telangana Spinners Association
R K Agarwal Chairman Telangana Spinners Association“Not only India and but the entire world is realizing, we need to have alternate supply sources. Indeed, this is a big eye opener for everyone more so for us since we are in competition with China. There is nothing that stops us from creating large capacities where we will be able to cater to the world’s requirement in various segments, and fulfill the entire value chain in apparel and the downstream industry. I am sure, many entrepreneurs will come forward to assess the pitfalls we are going through and the lessons learnt from them. In future, some investments will go through in fabric and other raw materials that we are sourcing from China. We need to learn from this and push ourselves to be self-dependent.” 
Read Full Interview Here

‘There is an opportunity for India as everyone will look for an alternative source’

Ramesh Poddar, Chairman, Siyaram
Ramesh Poddar Chairman Siyaram“Definitely there is an opportunity for India as everyone will look for an alternative source. Hence, if we are able to exploit this chance, then definitely there is a possibility for India to be the next sourcing hub. China on the other hand has the advantage of bulk production and to get that kind of advantage and to come to their cost structure will take time though our labour costs are comparatively the same and the advantage they have is of mass scale production. I feel India should take this challenge and fill the gap." 
Read Full Interview Here

‘Future apparel sale will depend on the sentiment that prevails after COVID-19’

R K Rewari, Managing Director, Morarjee  Textiles 
R K Rewari Managing Director Morarjee Textiles“It is wait and watch strategy as we have been informed by customers due to the pandemic all orders are on hold. We can prepare ourselves for future challenges of low demand. Low demand means markings are also low and competitiveness is higher in the market this puts pressure on us to go back to basics to see our cost structure, ways of doing business etc. Many things might change. One is low demand, and the other is new rules of conducting business, most of which will be through video conferencing etc. It looks like there could be a systematic change in overall structure. We are preparing ourselves by keeping our morale high, think positive and identifying the gaps that need to be filled to enable us to meet the challenge of demand whether it is low or high." 
Read Full Interview Here 
“When will life go back to normal? Hopefully never” 
Marina Gorbis, ED, Institute for the Future
Marina Gorbis ED Institute for the Future"The normal wasn't normal," said Marina Gorbis, executive director of Palo Alto's Institute for the Future. "The normal wasn't good." The Institute focuses not only on forecasting the future but also developing innovative solutions. "What kind of future do we want to live in?" she asks. "What kind of future do we want to create? And what can we do to promote that desirable future?" COVID-19 has disrupted what we thought was normal. Gorbis said we're at the first of three stages. The first is reaction to the crisis. Reset is second when we re-assess and evaluate what happened and why. The third is reinvention. For example, the pandemic has revealed weaknesses in hospital capacity and gaps in who has health coverage. The pandemic has exposed the need for government help with many households vulnerable when a paycheck ends. "The fact that millions of people don't have $400 in savings in case of emergency is unacceptable. That's not normal," "I don't want to go back to normal," she concluded. "We need to create a new normal."

“I do not think any country is equipped to replace China including India”

Thomas Verghese, Former-Chairman, CII Marketing, Retail and Textile Councils
Thomas Verghese Former Chairman CII Marketing Retail and Textile Councils“Lack of credibility and trust will lead to many large brands looking for alternative sourcing to China but I do not think any country is equipped to replace China including India.  India does not have that kind of capacity to feed global demand and are not in a position for bulk manufacturing of normal commodity items. We do more of customized exports. We don’t do manufacturing of bulk items. We don’t have that capacity and infrastructure at the moment. It will take two to four years minimum even if everyone is aligned and the government gives supporting fiscal and tariff benefits. Given the reality of Indian industry and government’s policy support measures, it seems an unrealistic expectation.”
Read Full Interview Here

‘Once the country opens up, we will face severe worker issues’

R D Udeshi, President, Polyester Chain, Reliance Industries
R D Udeshi President Polyester Chain“Once the country opens up after the lockdown, at the onset, we will face severe worker issues. Textile industry is a labour-intensive industry and with large number of workers having returned to their native bases before and during the lockdown, availability of labour would be scarce. This is generally noticed after festivals and we are likely to face a greater challenge in bringing them back to work. However, we expect things to normalize by May, assuming that the lockdown is partially and reasonably eased by April. Some units will restart aiding workers to return back to their manufacturing hub and situation would gradually stabilise” 
Read Full Interview Here
A slowdown in demand will be seen for fairly a long time 
Arvind Mathur, CEO, Raymond UCO Denims
Arvind Mathur CEO Raymond UCO DenimsThe garment industry is facing a challenging situation. While buyers have stopped orders as they are facing their own problems and production have been cut down but what is bothering is that payments are being held back in most cases. As for our own operations, due to the national lockdown we are adhering to government directives and have stopped work. Once the lockdown opens in India and globally, we will decide the market as most of our products are export based and we do not foresee any immediate change in the situation. There will be a substantial cut down of orders and orders that are on hold or pending may or may not come back soon. I feel, India’s lockdown may continue for a longer time even though I hope it does not extend beyond April 14. Even the domestic market may not be normal once the lockdown is over. A lot of thing has shifted dramatically during this period the impact is going to be for long term. A slowdown in demand both from domestic and export market will be seen for fairly a long time after the lockdown.”

In short to midterm, it would impact as there’s disruption in global supply chain

Dilip Gyanchandani, Country Manager, India, Wool Mark Company
Dilip Gyanchandani Country Manager India Wool Mark CompanyFrom the textile and garment industry prospective there would be short- to mid- term business impact on volumes as due to the lockdown working factories have come down to minimum production levels. From September onwards, normalcy should be restored but it will take about three to four months for the industry to bounce back. Things are looking good now but it is an uncertain period and is difficult to say something at this stage because it looks like we are containing the pandemic.
Read Full Interview Here

‘Once everything normalizes there will be a big momentum’

Debabrata GoshOerlikon, General Manager India 
Debabrata Gosh General Manager India Oerlikon“Once everything normalizes there will be a big momentum. The advantage is that we have a huge potential and such big domestic market hence we are not dependent on exports alone. I don’t see any threat for the textile industry. As for opportunities, we are expecting more export orders in future because the same has happened in the yarn segment and it will happen in the fabric segment also and the world will take India more seriously as a manufacturer. So far everybody was dependent on China. Since they offered cheaper rates, people switched to China but now the world will think in a different way to keep the supply chain active from India.”
Read Full Interview Here
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INSIGHTS

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Creativity, innovations to help brands face the COVID-19 storm: McKinsey study

Spurring the biggest economic contraction since World War II, COVID-19 has hit every sector from finance to hospitality. Its discretionary nature makes the sector particularly vulnerable, say McKinsey... Read more

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

COVID-19 Impact: Unchartered way forward for Bangladesh’s denim industry

Top global brands/retailers have been flocking to Bangladesh for the quality of denim products at competitive prices. A new relatively new entrant in denim, Bangladesh expects strong demand for their ... Read more

COVID-19 is not the only reason for decay of brands and retailers today

COVID-19 is not the only reason for decay of brands and retailers today

Even before COVID-19 pandemic, most Western brands and retailers were struggling to survive. In the new millennium, brands and retailers increased their reach to new geographies by opening more and mo... Read more

McKinsey suggests five strategies for fashion companies to combat COVID-19

McKinsey suggests five strategies for fashion companies to combat COVID-19

Even as brick-and-mortar shut down, fashion firms can position themselves for recovery when the COVID-19 pandemic fades, says a McKinsey study. However, to achieve these objectives, firms need to firs... Read more

Time for brands to protect the industry by standing by their commitments

Time for brands to protect the industry by standing by their commitments

CANCEL the shipments, is not the right word at the moment, perhaps to HOLD could be more reasonable. Brands should stand by their commitments as their orders are already in process. This is the only ... Read more

 
Trends that will Influence 2020
TRENDSPOTTING 2020
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HKTDC HT 2020
CEO 2020 FE
 
TEXTILE TECHNOLOGY UPDATE

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Cotton - Daily Price - Commodity Prices - Price Charts, Data, and News - FashionatingWorld
 
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EVENTS SUPPORTED BY US
Textile Printing Expo 2020

CFW launches new digital platform to live stream events

   Organizers of Copenhagen Fashion Week (CFW) have unveiled its new digital platf... Read more

Bangladesh RMG reports massive job losses due to COVID-19: WTO

   The coronavirus pandemic has triggered massive job losses, especially for women... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

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

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

CFW launches new digital platform to live stream events

   Organizers of Copenhagen Fashion Week (CFW) have unveiled its new digital platf... Read more

Coats launches new range of protect yarns

   Coats, the world’s leading industrial thread company has launched Coats A... Read more

H&M suspends employees for using racist language

   Fashion giant H&M has suspended a few of its employees for using racist lan... Read more

J Brand launches Limitless Stretch

   Fast Retailing-owned J Brand has launched Limitless Stretch, a fabric created a... Read more

Kontoor records improved performance in Q2

   Kontoor Inc., with a portfolio led by the Wrangler and Lee brands, has strength... Read more

Multi-designer store Curato to launch online operations

   Curato, a Mumbai based multi-designer store exclusively for men is all set to l... Read more

New report highlight high rate of dismissal of union workers

   A new report, from the Business and Human Rights Resource Centre (BHRCC), portr... Read more

Walmart Labs launches new global identity

   Walmart Labs, the technology arm of the US retail giant, has launched its new g... Read more

Hyve to launch three virtual forums

   Tradeshows giant Hyve plans to launch three virtual forums next month, Fashion ... Read more

Vietnam-based S Korean apparel producers to benefit from EVFTA: KITA

   Vietnam-based South Korean fashion firms are likely to benefit from the Europea... Read more

SaigonTex/Saigon Fabric to be combined with 2021 edition

   SaigonTex/SaigonFabric 2020 has been postponed and the trade fair will now be c... Read more

Withdraw regulartory duty on polyester spun yarns: FPCCI

   Khawar Noorani, Chairman- Standing Committee on Imports, Federation of Pakistan... Read more

Santa Fe Indian Market to go virtual

   The annual Santa Fe Indian Market fashion show, will go virtual this year on Au... Read more

USFIA releases Seventh Fashion Industry Benchmarking Study

   The United States Fashion Industry Association (USFIA) has released the seventh... Read more

Apparel Impact Institute expands mill improvement program

   The Apparel Impact Institute (Aii), which scales up textile mill improvements b... Read more

Shandong Ruyi refutes claims of Lycra sale

   Fashion conglomerate Shandong Ruyi has refuted claims of selling to textile mak... Read more

Madhya Pradesh government to set up textile tourism circuit

   The Madhya Pradesh government will set up a textile tourism circuit in Chanderi... Read more

Bangladesh ships apparels worth $3.24 billion in July: EPB

   Bangladesh earned $3.24 billion from apparel shipment in July though the amount... Read more

Manhattan to close 230,000 small businesses permanently

  According to the group, Partnership for New York City, in addition to national chains... Read more

South African designers can help rejuvenate apparel manufacturing: Study

   A study by the Department of Trade Industry and Competition (DTIC) and the Sout... Read more

US’ yearly apparel imports fall by 43 per cent

   Latest data from OTEXA shows, US apparel imports fell 43 per cent on Y-o-Y basi... Read more

Unifi expects increased demand for Repreve fabric

   Unifi, a leading innovator in recycled and synthetic yarns, expects demand for ... Read more

Eurozone sales volume rebounds in June

   The volume of retail sales in the eurozone rebounded in June to levels recorded... Read more

Azerbaijan, Uzbekistan exporters to hold online forum

   Azerbaijan and Uzbekistan exporters will hold Made in Uzbekistan Textile online... Read more

G-Star Raw introduces world’s first regenerative indigo dyed fabric

   G-Star Raw has introduced the word’s first regenerative indigo diyed fabr... Read more

Momad postpones September edition

   Madrid-based fashion tradeshow Momad has postponed its next edition to February... Read more

Adidas expects to return to profitability in Q3

   German sports giant Adidas expects to bounce back to profitability in the third... Read more

Asia to remain the dominant sourcing base for US fashion companies: Survey

   The ‘2020 Fashion Industry Benchmarking Study’ says despite the cha... Read more

Turkish denim mills discuss strategies for post COVID-19 growth

   Executives from four Turkish denim mills discussed their strategies for navigat... Read more

Bangladesh remains the third largest apparel sourcing country: Survey

   According to the seventh edition of the survey report, conducted jointly by the... Read more

Columbia Sportswear to invest in strategic priorities

   Columbia Sportswear Company will continue to invest in strategic priorities bes... Read more

Lectra India webinar focuses on need for fabric optimization in factories

   A webinar organized by Lectra India – a leading fashion, textile, technic... Read more

Inditex, IndustriALL sign joint declaration to support industry growth

   Inditex, the leading multinational garment company owners of Zara and other hig... Read more

Bangladesh's global clothing exports share rises to 6.8 per cent: WTO

   According to the World Trade Statistical Review 2020, published by the World Tr... Read more

Lord & Taylor, Tailored Brands file for bankruptcy

   Lord & Taylor and Tailored Brands have joined the list of retailers aiming ... Read more

Uniqlo sales rise by 4%

   Fast Retailing brand Uniqlo’s same-store sales (including online) in July... Read more

New COVID-19 wave may hit Vietnam T&A sector badly

   A fresh wave of COVID-19 may worsen the situation of Vietnam’s textile an... Read more

ITKIB urges government for financial support

   Istanabul Textile and Apparel Exporters Association (ITKIB) urged the governmen... Read more