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China's shifting export dynamics and the declining importance of the U…

China's shifting export dynamics and the declining importance of the US market

  A recent analysis by David Birnbaum reveals a significant shift in China's export focus, specifically concerning the US’ as a major destination for Chinese goods. While the US remains a big player in certain sectors, particularly garments, the overall importance of the US market to China's economy is ... Read more

Apparel demand remains strong, but economic clouds loom: Wazir Advisor…

Apparel demand remains strong, but economic clouds loom: Wazir Advisors report

  Wazir Advisors April 2025 ‘Apparel trade scenario in key global markets and India’ captures the evolving dynamics of global apparel trade and retail. Data from major supplier and buyer nations points toward a steady recovery in demand, even as underlying economic signals hint at emerging challen... Read more

Vietnam and India eye mutual gains amidst global trade shifts

Vietnam and India eye mutual gains amidst global trade shifts

  At a time of evolving trade policies and geopolitical uncertainties, Vietnam and India are looking to deepen their cooperation in the textile and garment sector, recognizing the significant mutual benefits that can be unlocked. A recent statement by Bùi Trung Thướng, Trade Counselor at the Vietnam Tr... Read more

US tariffs spark Chinese resurgence, domestic focus intensifies

US tariffs spark Chinese resurgence, domestic focus intensifies

  The recent escalation of reciprocal tariffs between the US and China has sent ripples through the global fashion, apparel, and textile industries, with Chinese manufacturers and consumers alike bracing for impact. While anxieties about reduced export volumes to the US are palpable, a rise in nationalistic s... Read more

South Korea's apparel market undergoes a budget revolution

South Korea's apparel market undergoes a budget revolution

  South Korea's fashion market is seeing growing demand for affordable and functional apparels. This shift is challenging the dominance of traditional premium brands and reshaping market dynamics across various segments. The rise of value fashion A growing segment of value-conscious consumers is boosting th... Read more

As US consumer confidence crumbles it casts a looming shadow over fash…

As US consumer confidence crumbles it casts a looming shadow over fashion spending

  A chilling wave of pessimism has swept across the US, with consumer sentiment falling to levels unseen since the depths of the Great Recession, according to the University of Michigan's latest survey. The preliminary reading of 50.8, the second-lowest since 1952, paints a stark picture of American anxieties... Read more

Legacy Titans Under Siege: How fast fashion is outpacing iconic brands

Legacy Titans Under Siege: How fast fashion is outpacing iconic brands

  As the global fashion industry evolves once-unchallenged legacy brands, the titans of the industry, now find themselves besieged. They are grappling with falling margins, sluggish supply chains that seem frozen in time, and a business model creaking under the weight of its own inefficiencies. Meanwhile, fas... Read more

EU's T-shirt market: Steady consumption, rising imports shows changing…

EU's T-shirt market: Steady consumption, rising imports shows changing dynamics

  The European Union's appetite for T-shirts remains robust, with consumption expected to grow steadily over the next decade, albeit at a moderate pace. However, the market is witnessing a significant shift, with imports playing an increasingly dominant role as domestic production falters. A recent market ana... Read more

China's 'Trade War TikTok' Strategy: Undermining US retail, luring tou…

China's 'Trade War TikTok' Strategy: Undermining US retail, luring tourists

  As trade tensions between the US and China persist, a new battleground has emerged: social media platform TikTok. Chinese manufacturers are using viral videos to expose the supply chains of luxury goods, fashion, and apparel sold at significantly higher prices in the US. This strategy, dubbed 'Trade War Tik... Read more

India eyes zero-duty deal with US amid tariff tensions, textile sector…

India eyes zero-duty deal with US amid tariff tensions, textile sector poised for pivotal role

  In a strategic move to mitigate the impact of the US’ recent 26 per cent reciprocal tariff, India is considering offering zero-duty imports across several sectors, including those under the Production Linked Incentive (PLI) scheme, to expedite a crucial bilateral trade agreement (BTA). Officials famil... Read more

EU's T-shirt market: Steady consumption, rising imports shows changing…

EU's T-shirt market: Steady consumption, rising imports shows changing dynamics

  The European Union's appetite for T-shirts remains robust, with consumption expected to grow steadily over the next decade, albeit at a moderate pace. However, the market is witnessing a significant shift, with imports playing an increasingly dominant role as domestic production falters. A recent market ana... Read more

China's neo-luxury era redefines consumer aspirations

China's neo-luxury era redefines consumer aspirations

  As China's affluent consumers mature, a there is a shift in the luxury market. The days of conspicuous consumption and Western-centric status symbols are fading. A new ‘Neo-Luxury Era’ has emerged, driven by a demand for depth, authenticity, and cultural resonance. At the heart of this transform... Read more

Next Big Opportunity for Indian Textile &Apparel: Strategic focus …

Next Big Opportunity for Indian Textile &Apparel: Strategic focus on key product categories for US market share

  A compelling analysis by Sanjay K Jain, Chairman of the ICC National Textile Committee at the Indian Chamber of Commerce, shines a spotlight on a transformative opportunity for India's textile and garment export sector. His analysis into the top textile and apparel items imported by the USA from China in 20... Read more

Local brands challenge global titans amid evolving consumer demand in …

Local brands challenge global titans amid evolving consumer demand in China’s sportswear market

  China has consolidated its position as a powerhouse in the global sportswear market, driven by a growing middle class, increasing health consciousness, and government initiatives. The global sportswear market, valued at approximately $400 billion in 2023, is projected to reach over $600 billion by 2030, at ... Read more

Global Sourcing Expo 2025 to strengthen India-Australia textile ties

Global Sourcing Expo 2025 to strengthen India-Australia textile ties

  Julie Holt, Director, Global Business & Exhibition has led the expo since its inception in 2010. She is focused on developing the exhibition’s portfolio to assist more businesses realise cross border opportunities. Holt speaks about its growing importance for Indian textile business to increase th... Read more

EU vs. US Garment Imports: A tale of diverging trends

EU vs. US Garment Imports: A tale of diverging trends

  The global garment industry is a complex web of production, distribution, and consumption, with shifting trends and regional disparities shaping its landscape. A focal point in understanding this dynamic is the comparison between the European Union (EU) and the United States (US) in terms of garment imports... Read more

Luxury's China Playbook: Why Tmall remains essential despite Douyin's …

Luxury's China Playbook: Why Tmall remains essential despite Douyin's rise

  The narrative surrounding China's luxury market has been rife with talks of a slowdown. However, a recent report by DLG (Digital Luxury Group) firmly rejects this notion. “We fundamentally reject this narrative,” states Jacques Roizen, Managing Director, Consulting at DLG. The report highlights ... Read more

 
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TEXTILES & FASHION

NCTO criticizes tariffs on Mexico, Canada, urges de minimis fix

  The National Council of Textile Organizations (NCTO) has raised concerns over the Tru... Read more

Fashion for Good, Microfibre Consortium tackle fibre pollution

  Fashion for Good and The Microfibre Consortium have launched Behind the Break: Explor... Read more

YKK wins top prize at Orange Innovation Award 2024

  YKK Corporation (Tokyo, Japan) secured the top prize at the Orange Innovation Award 2... Read more

AAFA warns of rising tariff burden on US businesses

  The American Apparel & Footwear Association (AAFA) has strongly opposed the Biden... Read more

Urban Revivo, Chinese fashion brand, expands globally with US, Europe push

  Chinese fashion brand Urban Revivo is making a bold move into Western markets, set to... Read more

Giorgio Armani closes Milan Fashion Week with two fashion shows

  Giorgio Armani closed Milan Fashion Week with two signature fashions shows, staged in... Read more

Ability to attract Americans away from Nike, crucial for Adidas’ success: A…

  Investors and analysts believe, Adidas's ability to attract more American shoppers aw... Read more

Consumers’ shift to cheaper clothing options boosts Temu, Shein’s popularit…

  A cause of concern to local fashion brands, e-commerce platforms Temu and Shein are w... Read more

Ally Fashion goes bankrupt; closes 185 stores across Australia

  Australian fashion retailer Ally Fashion has gone bankrupt, leading to the closure of... Read more

Hermes’ Q4, FY24 sales grow in double-digits

  Despite an uncertain market environment, Hermès reported double-digit sales gr... Read more

Consumers’ shift to cheaper clothing options boosts Temu, Shein’s popularit…

  A cause of concern to local fashion brands, e-commerce platforms Temu and Shein are w... Read more

Ally Fashion goes bankrupt; closes 185 stores across Australia

  Australian fashion retailer Ally Fashion has gone bankrupt, leading to the closure of... Read more

Hermes’ Q4, FY24 sales grow in double-digits

  Despite an uncertain market environment, Hermès reported double-digit sales gr... Read more

AATCC to host key conferences on PFAS, sustainability, and circularity

  The American Association of Textile Chemists and Colorists (AATCC) is set to host a s... Read more

AAFA urges Federal Trade Commission to allow digital care labels for appare…

  The American Apparel & Footwear Association (AAFA) has petitioned the Federal Tra... Read more

Suzano ends investment in Spinnova collaboration, strategic review begins

  Spinnova Plc announced today, 28 February 2025, that Suzano Plc will not invest in th... Read more

SECL and ATDC partner to train 400 youth in apparel skills

  South Eastern Coalfield Limited (SECL) and Apparel Training & Design Centre (ATDC... Read more

PDS certified as Great Place to Work, wins WOW Workplace Award

  PDS, a global fashion solutions and infrastructure company, has been certified as a G... Read more

Expanding presence in Europe, Skechers launches concept store in Milan

  Expanding its retail presence in Europe in Europe, footwear and apparel Skechers has ... Read more

US, Mexico, Canada Textile Groups urge Trump to avoid tariffs, close loopho…

  The National Council of Textile Organizations (NCTO), National Chamber of the Textile... Read more

Anavila launches maiden home textiles collection showcasing indigenous Indi…

  Luxury womenswear brand Anavila has expanded into homeware with its debut home textil... Read more

Calvin Klein offers foundation styles with debut shapewear collection

  Calvin Klein has launched its debut shapewear collection offering foundation and fash... Read more

Beximco Textiles ceases operations; lays off entire workforce

  A major player in Bangladesh's textile industry, Beximco Textiles has ceased all oper... Read more