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China to overtake the US as the world’s largest fashion market in 2019

"As per ‘State of Fashion 2019’ report by McKinsey & Company and the Business of Fashion (BoF), China will overtake the US as the world’s largest fashion market for the first time in 2019. The report predicts the leading trends expected to shape luxury fashion industry in 2019. Despite predicting ... Read more

US Apparel sales sees highest growth since 2011, inventory issues plag…

"The apparel industry seems to be bouncing back with shoppers flocking reputed stores such as Lululemon, Abercrombie & Fitch, Old Navy and Urban Outfitters this holiday season. As Abercrombie & Fitch CEO Fran Horowitz reveals, outerwear sales are trending higher during the fourth quarter, thanks to cooler tempe... Read more

Consumer pressure leads to global brands increasingly sustainability focus

"Consumers and government are increasingly focusing on the environmental impact of fashion across the globe. While last month’s BBC3 documentary Fashion’s Dirty Secrets exposed the industry’s failings to the public, the Environmental Audit Committee is conducting an inquiry into sustainability in fash... Read more

4th Intex South Asia gets an overwhelming response with over 3,500 attendee…

"The 4th edition of Intex South Asia, held from November 14 to 16, 2018, at the Sirimavo Bandaranaike Memorial Exhibition Centre (BMICH) in Colombo, Sri Lanka, showcased a wide range of innovative yarns, apparel and denim fabrics, clothing accessories and allied services. The show was jointly inaugurated by Taranjit Si... Read more

With Accord closing operations, Bangladesh workers could face a bleak …

"Working conditions for garment workers in Bangladesh are likely to turn bleak as the High Court of Bangladesh will soon give its judgment on the closure of Dhaka office of Accord on Fire and Building Safety and evict its inspectors. Established after the 2012 collapse of Rana Plaza, Accord is a legally-binding agreeme... Read more

EVFTA will pave the way for a wider EU-Southeast Asia trade

"The change of climate in Vietnam is causing its inhabitants to shift from agriculturally-rich Mekong Delta to urban areas. As recent government statistics reveals, over 1.7 million residents have relocated out of the vast expanse of fields, rivers and canals over the last 10 years. Adverse climate conditions such as e... Read more

Tariff increase on Chinese imports to escalate prices, hinder growth

"The apparel industry is waiting with bated breath for the much-anticipated meeting between President Trump and Chinese President Xi Jinping that will decide the future of US tariffs on Chinese exports. Trump is expected to slap tariffs on another $267 billion worth of Chinese goods, which also includes apparel and foo... Read more

Textile industry takes steps to detox from harmful chemicals

"As per Chinese Textile Industry Association, the textile industry uses 25 per cent of global chemical output. Out of this 42 per cent is used by China reveals the United Nations Environment Program. Greenpeace published a report, Dirty Laundry in 2011 that urged consumers worldwide to demand change in the fashion indu... Read more

Fashion retailers adopting unique initiatives to reduce eco-impact

"Although the fashion industry has kept pace with changing consumer demands, it fails to cater to their most important need that of altering consumption patterns to ensure the survival of the planet. The industry produces 20 per cent of global wastewater and 10 per cent of global carbon emissions with textile dyeing be... Read more

Micro-textile model promises a new dawn for the industry

"A T-shirt manufacturing factory proved to be the torchbearer for digital printing technology and DTG (direct to garment) printing that facilitated customised manufacturing. Today, multiple textile technologies offer a sustainable option to conventional production. They rationalise workflow besides offering the client ... Read more

Pioneer B2B media & publication platform connecting with Fashion Brands & Retail

E-com to boost global knitwear market in future

"A report on the global knitwear market for 2016-26 predicts a rise in demand for knitwear products across the globe due to increasing use of e-commerce. There is also an increase in global online sales of knitwear products, which are part of the fashion and apparel industry. The global e-commerce business of fashion a... Read more

Global textile industry needs to innovate to emerge from its current f…

"The global economy is currently in such a fragile state that it is poised delicately between a slow recovery and a second slide. At this stage, it is important to sit collectively, analyse the current scenario, and jointly consider various future strategies. Continuous global crisis, high oil prices and turmoil and po... Read more

Unfazed by global competition local brands dominate interior Chinese m…

"Fashion brands like H&M and Zara might dominate the global market but penetrating the low cost clothing market in the Taobao villages’ of China is tough for them. The clothing brands operating here are fully domestic. International brands, inspite of their aggressive marketing have failed to make inroads int... Read more

Fashion accessories face supply chain issues with ongoing tariff wars

"In recent years, these companies have been facing many challenges from the Chinese markets. Prices are increasing, minimum units required are rising, there are worker shortages, late shipments and factories are closing. Although some large companies have begun shifting production elsewhere to find cheaper labor costs ... Read more

Mexico emerges a strong market for UK, European brands

"Studies by research firm Global Data shows, the overall retail expenditure in Mexico is likely to grow 29 per cent to reach £285 bn by 2022. The country’s expenditure on clothing and footwear is forecast to grow by 45 per cent to £27bn – driven by a 167 per cent rise in online sales. The nation... Read more

US consumers most affected by Trump’s tariffs and ongoing trade war

"Around 23 years ago, the General Agreement on Tariffs and Trade (GATT) was refurbished as the WTO with almost every country in the world joining the organisation. As per agreed norms, trade tariffs amongst member countries are reduced through negotiations and the agreed rates applied uniformly to all trade partners. H... Read more

Buyer-Seller Meet to promote India-Scandinavia trade relations

The Export Promotion Council for Handicrafts (EPCH) with the support of Embassy of India in Denmark and office of Development Commissioner (Handicrafts) organised a Buyer-Seller Meet from November 19-20, 2018 in Copenhagen, Denmark. The council is the nodal agency for the promotion and development of handicrafts export... Read more

Melbourne’s International Sourcing Expo opens today with strong Indian…

"The 9th edition of the International Sourcing Expo, co-located with the 3rd edition of the Footwear and Leather Show will be held from November 20-22, 2018 at the Melbourne Convention & Exhibition Centre. The three day event will be Australia’s premier international sourcing show for apparel, textiles, footw... Read more

CITI Global Textiles Conclave 2018 to cover the entire textile value c…

"Confederation of Indian Textile Industry (CITI), one of the leading industry chambers of the textile and clothing sector of India, completed 60 years of its operation in 2018. To celebrate this milestone, the association will organise the ‘CITI Global Textiles Conclave 2018’ from November 27-28 in New Delh... Read more

Opportunities open up as global textiles supply chain heads for recali…

"Arvind Ltd will demerge some of the brand’s business and engineering business in about a month’s time. The company will relist the engineering and business in January 2019. “We are excited about the opportunity in the textile business as the world is heading for a large recalibration of supply chain ... Read more

Pakistan should develop its apparel sector to solve myriad issues

"Due to a massive crisis in its balance of payments (BoP), Pakistan is facing immense pressure on its Forex reserves. The country’s dollar reserves have fallen to $8,408 million, sufficient only to cover its import bill for few months. To buttress these depleting reserves, the country’s finance minister pla... Read more

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