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
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
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
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
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
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
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
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
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
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
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