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Synthetic fibres ruling global textile markets, time for India to take adva…

Synthetic fibres ruling global textile markets, time for India to take advantage

  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 …

10th Intex India to be attended by leading Indian and Overseas buyers from 18+ countries and regions

     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…

Metaverse emerging the new playground for fashion retail: McKinsey-BOF report

    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 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

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…

Apparel, footwear to be ‘deprioritized’ with consumer shift in purchases in 2023: McKinsey- BOF report

  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

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 …

Gen Z to drive growth in gender fluid fashion in 2023 says, BOF-McKinsey’s ‘State of Fashion 2023’ report

   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

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…

Almost 56% top fashion industry leaders expect a slowdown next year: says McKinsey-BOF The State of Fashion 2023 Report

    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

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…

Unpredictable times for global brands as inflation, war hit consumer sentiment

     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…

Despite recession fears, global luxury market grows 21%, outlook bright: Bain

    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…

Remake’s Fashion Accountability Report 2022 shows fashion companies not meeting green commitments

  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

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

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

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…

Delhi to host 10th Intex India from December 8, leading buyers from India and abroad to attend

      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…

Economic slowdown in the West will affect global apparel exports in 2023: Wazir Advisor

   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

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…

India should focus on emerging as the world’s largest producer and exporter of hosiery, says Rikhab Chand Jain

  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

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

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

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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

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

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