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At the 26th United Nations Climate Change Conference of the Parties (COP26), .Vietnam's textile and garment industry leaders said, they currently aim to reach their green production target and reduce emissions to help implement the Government’s commitment to net-zero emissions by 2050.

As per a SRTEPC report, the global fashion industry is one of the biggest contributors toclimate change. Hence, many well-known fashion brands and textile manufacturers worldwide have set goals related to climate and the environment. To support Vietnamese textile and garment enterprises to reduce emissions and increase use of natural resources and energy, and chemical management, the German Development Cooperation Organisation (GIZ) and French sporting goods retailer Decathlon signed anMoU on cooperation in improving the environmental performance of Vietnamese garment and textile suppliers.

Accordingly, GIZ partners with Decathlon Vietnam through its projects, “Climate protection through sustainable bioenergy markets in Vietnam’ (BEM) and ‘Fostering and advancing sustainable business and responsible industrial practices in the clothing industry in Asia’ (FABRIC), to help Decathlon's Vietnamese suppliers improve their ability in climate change adaptation, efficiently use of water and energy, and manage chemicals at factories in 2022.

Specifically, the GIZ FABRIC project will offer free e-learning courses namely “Climate Action Training” and “Chemical Management Training (e-REMC), via the platform www.atingi.org.

  

Global leader in branded lifestyle apparel, footwear and accessories, VF Corporation has been recognized by Ethisphere as one of the 2022 World’s Most Ethical Companies.

As per a Business Wire report, VF has been recognized for the past six years and is one of only two honorees in the apparel industry to be named this year. In 2022, 135 honorees were recognized spanning 22 countries and 45 industries.

Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

  

The global market for textile printing market is projected to reach a revised size of 28.2 billion sq m by 2026, growing at a CAGR of 4.3 per cent over the period analysis period. As per the latest report by ResearchAndMarkets.com, Screen printing,segment is projected to grow at a 2.8 per cent CAGR to reach 24.6 billion square meters by the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the digital printing segment is readjusted to a revised 16.5 per cent CAGR for the next 7-year period. This segment currently accounts for a 7.8 per cent share of the global Textile Printing market.

The market for traditional textile screen printing, which is a labor-intensive technique, has witnessed growth led by steady population growth, rising consumer spending of people across the world, and rapidly changing fashion trends. However, with the emergence of digital textile printing and its fast adoption in the global market, the conventional screen printing method is facing stiff competition.

Growth in digital printing segment will be driven by digital printing technology`s ability to address technical limitations that are encountered in conventional printing applications, and its use in small-volume productions involving varied designs, which proves to be inefficient in the case of traditional printing.

Wednesday, 16 March 2022 16:50

Van Heusen launches new sub-brand

  

India’s leading power dressing brand from Aditya Birla Fashion and Retail (ABFRL), Van Heusenhas launched a new sub-brand “Flex”. Van Heusen Flex i for modern-day professionals who seamlessly shift between work and play. The brand has also launched a distinctive campaign ‘Fashion meets performance’ to announce its entry into the active wear category.

Targeted at young professionals, the Van Heusen Flex range is designed to look sharp and engineered to provide true freedom of movement and is infused with superb style and comfort. The international brand stands for fashion and functionality, with each item of clothing a perfect blend of comfort and performance.

Van Heusen Flex offers an entire range of t-shirts, jackets, sweatshirts, shorts, and track pants for men. The collection uses anti-microbial technology to keep odour out, Easy Dry Technology with quick-drying fabric, ergonomic design, high stretchability, and durability. It also has an innovative “reflect technology” with reflective elements that look normal during the day but glow in the dark.

The brand’s new campaign is live across its social media pages, including Facebook, Instagram and YouTube. The highlights of the campaign were also featured in the recent India-South Africa cricket series, which was live on Disney Hotstar. The campaign was also visible through high impact properties like live squeeze-ups and branded cards during the Test and ODI matches.

Wednesday, 16 March 2022 16:45

RAW TO A T to be held from May 24-26

  

Designed to drive forward new collaborations and opportunities for a regenerative future facing the fashion industry in Australia, circular sourcing event RAW TO A T will be held in Melbourne, Australia from May 24-26 2022,

RAW TO A T is designed to deliberately challenge the status quo. The organizers RawAssembly, and its collaborating partners, are curating an immersive, innovative and circular design fashion and textile event, designed to stimulate and drive tangible changes to the way fashion is produced and consumed.”

Part conference, part experience, this event, the first of its kind in the Asia Pacific region, brings a diverse range of stakeholders across the ecosystem together to explore how, what and when the fashion industry can transform its current model of production and consumption to a system that better protects people and the planet.

With leading industry speakers, the jammed packed content program will tackle some of the key issues the industry is working hard to resolve today. From New York, London, Europe through to Australia and New Zealand the global panels and presentations will bring discussion, debate and action centre stage.

  

Stussy has named Shein in a trademark infringement and counterfeiting lawsuit. filed in a federal court in California, As per The Fashion Law report, Stussy alleges that its trademarks – including (but not limited to) its stylized brand name – are being knowingly and intentionally infringed by Shein to cause confusion and divert customers” away from Stussy for its own benefit.

Stussy claims that Shein is on the hook for trademark infringement and counterfeiting, trademark dilution, and unfair competition in connection with its sale of products that bear “copies and close reproductions of the Stussy trade marks.” By making use of the Stussy mark in a way that is “virtually identical to the genuine Stussy marks” on apparel and footwear, Stussy claims that the Chinese fast fashion giant’s use goes beyond trademark infringement and meets the higher bar of counterfeiting. However, “in order to hide [its] counterfeit products, Shein avoids using the term Stussy’ in connection with [the listings for its counterfeit Stussy products, claims Shein

  

A world leader in sustainable and eco-efficient technology development, Jeanologia has launched Colorbox, a revolutionary technology for garment dying transforming the traditional way that garments are dyed in an efficient and faster process that respects the environment.

Colorboxreduces the environmental impact of the garment dying process, reducing resource use and pollution load of wastewater.

Through the perfect combination of Jeanologia technologies, the company provides the industry with advanced technical solutions, guaranteeing better production results at a lower environmental and production cost.

Enrique Silla, CEO, Jeanologia, says. Colorbox considerably reduces water, chemical, energy and salts use in comparison with traditional garment dying processes, allowing a low EIM score. The average saving for water and chemicals is 60 per cent, 45 per cent for energy and 76 per cent for salt in garment dying.

Jeanologia creates a new eco-efficient operating model for garment dying. This technology makes it is possible to dye the product, not only at the beginning of the process, but at any point during the manufacturing of the product, responding quickly to customer demands.

  

To be held from April 14-16, 2022, the Spring Edition of Intertextile Shanghai Apparel Fabrics will offer latest and most innovative products currently driving and thriving off the developments in the market. The fair will show sustainable and athleisure products that will continue to dominate new trends in the fashion and apparel industry.

With years of expertise, Messe Frankfurt has been a pioneer for promoting and developing sustainable initiatives through trade fairs in the textile sector. Green fabrics, fibres and solutions can be found not only in the All About Sustainability zone, but across all product group zones such as Beyond Denim, whilst high-performance fabrics for sports and outdoor wear will be on display at the Functional Lab, Messe Frankfurt said in a press release.

Long-term exhibitors at Intertextile apparel, BossaTicaretVeSanayiIsletmeleri TAS from Turkey, are among the suppliers constantly innovating to achieve a more green future. Since launching their eco-friendly RESET series in 2006, each season the collection evolves further, using organic cotton, natural chemicals & dyestuff whilst manufacturing 100 per cent recycled denim from recycled cotton / PET.

This spring, they will display their new S/S 22-23 products at the Beyond Denim zone, including their ‘Future Healing’ blend denim made from man made cellulosic and natural fibres. High-tech materials such as hemp, soybean, Repreve, Naia, Ciclo, and Smartcell are paired with clean indigo styles that make it the perfect choice for a seasonless style. The production process retains quality whilst using less water and energy consumption, demonstrating how innovation can meet luxury, without compromise.

  

Clothing Manufacturers Association of India (CMAI) believes, the pandemic has made both apparel brands and consumers more price conscious even though the badly hit sector is poised to clock 75-80 per cent of pre-pandemic revenues by FY22 on the back of a strong recovery.

Brands are looking at tweaking their design specifications to become more price competitive, says Rahul Mehta, Chief Mentor CMAI. They have also learnt to work with lesser inventory, finance and manpower than before the pandemic, the timelines have become shorter and there is greater pressure to avoid excess stocking, he adds.

Last week, CRISIL Ratings estimated that the brick-and-mortar apparel retail sector’s revenue will grow at an average of 20-25 per cent year-on-year in FY22, after declining 40 per cent year-on-year in FY21 because of Covid-19. This was an upward revision of their previous estimate of 15-20 per cent growth. The sector was badly hit during the pandemic. However, sharp recovery seen in the second and third quarters this fiscal, and the expected healthy performance in the fourth quarter, is expected to propel revenue to 75-80 per cent of the pre-pandemic level adds AnujSethi, Senior Director, CRISIL Ratings.

Wednesday, 16 March 2022 14:32

Prada returns to profitability in 2021

  

Prada SpA returned to profitability in 2021 due to a sharp acceleration in retail sales, including online, and a growth in all product categories, especially in the Americas and Asia-Pacific markets.

In the 12 months ended Dec. 31, Prada’s net profit climbed to €294 million compared with a net loss of €54 million in 2020. In 2019, net profit amounted to €256 million, but that figure was lifted by the Patent Box tax benefit.

In 2021, revenues totaled €3.36 billion euros, climbing 41 percent from €2.42 billion in 2020. Compared with 2019, sales rose 8 percent. In the second half of 2021, sales grew 16 percent compared with the same period in 2019.

In 2021, retail sales climbed 40 percent to €2.93 billion compared with 2020, and 15 percent compared to 2019. The growth last year was driven by full-price sales and local spending with a strong acceleration in the second half of 2021. The trend further accelerated in the year as the group’s retail sales the fourth quarter rose 24 percent compared with the same period in 2019.

Online sales accounted for 7 percent of retail sales, growing fivefold compared with 2019. Compared with 2020, they rose 61 percent.