Gartex will be held in Mumbai, March 19 to 21, 2020.

This is a trade show on garment textile machinery. Exhibitors will present the latest innovations, machines, plants, processes and services to various stakeholders in the industry, including manufacturers and suppliers. The event is aimed at providing business opportunities to international and national suppliers as well as trade visitors through networking sessions with industry experts and engaging in investment opportunities. Gartex unifies various stakeholders within the garment and textile manufacturing supply chain and provides stakeholders greater accessibility to their buyers in the western and southern regions. The objective is to reach out to the major textile hubs of west and south India. This edition will complement the existing New Delhi edition while also increasing the expanse of the show by reaching out to smaller-sized companies and start-ups in the region. The show will provide insights on technological developments in the garment and apparel manufacturing sector. Innovative products and technologies, defining the latest trends in the industry, will be showcased at the four concurrent shows -- Denim Show, India Laundry Show, Fabrics and Trims Show and Digitex Show-- during the three-day event.

India’s textile and apparel exports are expected to go from five per cent to 15 per cent by 2024-25.

Cotton ginners are hopeful that notwithstanding the present slump, India will be able to export at least 40 lakh bales each of 170 kg of cotton in the current season. Ginners believe that in case the trade slump caused by the spread of coronavirus in China ceases, the export could be more than 45 lakh bales. Meanwhile, raw cotton from India is expected to find favour in the international markets as the produce is around 5 to 7 per cent lower than the international prices.

Estimates by the Cotton Association of India (CAI), the industry body that represents the cotton value chain, have shown that till January 31, 192.89 lakh bales have arrived in markets, which industry sources say, is around 55 per cent of the produce.

The Cotton Corporation of India (CCI) under its Minimum Support Price (MSP) operations have procured 56 lakh bales while the country has seen 10 lakh bales of imports. Robust procurement by the CCI and a spike in prices of cotton seed has seen average traded prices of kapas (which contains 33-34 per cent lint, with the balance accounted for by seed) in the Rs 5,100-5,200 per quintal range in majority of the wholesale markets of the country.

Ginners from Khandesh — comprising Nandurbar, Jalgaon, Dhule, Nashik and Ahmednagar districts — are hopeful to export directly to Bangladesh. In this regard, a special team will be leaving for Bangladesh towards the end of February.

According to the International Cotton Advisory Committee’s (ICAC) February update of cotton conditions, the global cotton trade will grow by 2 percent in the 2019-20 season, to reach 9.4 million tonne. China will remain the world’s top importer at 1.8 million tonne, but that would represent a year-over-year decline of 14 percent

Production is expected to decline in some major producing countries, with Turkey revised downward to 815,000 tonne and Pakistan to 1.35 million tonne. As a result, imports will increase for both countries to 818,000 tonne and 967,000 tonne, respectively

Latin American countries should meet some of that additional demand. Brazil’s production is expected to remain high at 2.76 million tonne and exports are expected to grow 19 percent to 1.7 million tonne. Argentina is also forecast to increase its production, to 358,000 tonne, posting a gain of 39 percent, while imports are expected to increase by 57 percent to 186,000 tons. The latest U.S. Department of Agriculture (USDA) report forecast U.S. production to be 20.1 million bales in the current season compared to 18.4 million bales in 2018-2019.

USDA expects U.S. exports to be unchanged at 16.5 million bales for the season, which represents the second-highest volume on record. Stability in the export forecast caused each of the four consecutive decreases in the U.S. production forecast, representing a decrease of 2.3 million bales since August, to result in four parallel decreases in ending stocks.

The current projected increase in U.S. ending stocks of 11 percent, or 550,000 bales, has dropped from a forecast 48 percent gain to 2.4 million bales in August.

Bangladesh’s apparel exports to the US grew 9.83 per cent last year. Bangladesh’s readymade garment exports to the US in January to June 2019 were 14.49 per cent higher than in the same period of 2018. From July to December they grew by only 5.19 per cent.

That means export growth to the US market was satisfactory until the first half of 2019 but it declined in the second half of the year. The country failed to achieve the required export growth in the US market in 2019 as it could not take advantage of the US-China trade war. The export growth of Vietnam and Cambodia, two competing countries of Bangladesh, to the US was much higher than Bangladesh as they grabbed most of the business shifted from China due to the trade war. Bangladesh’s competitiveness is eroding due to the increasing production cost and overvalued local currency. Exports are expected to decline more in the coming months. The country’s export earnings have continued to slump as the major economies of the world are facing a recession amid the US-China trade war, reducing the buying aspirations of consumers. Europe is the pivotal export market for Bangladesh. While Bangladesh relies on apparel exports consumers have cut back on clothing and entertainment.

The move to slash tariffs is an effort to alleviate economic and trade frictions and expand economic and trade cooperation with the US. Tariffs will be cut on certain US imports from ten per cent to five per cent. Duties on other items will be brought down from five per cent to 2.5 per cent.

The US has also agreed to curb tariffs on some China-originating goods, eliminating a slated December set and halving the tariff rate on list 4A goods to 7.5 per cent. For the apparel and textiles sector, the relief is nominal, as 92 per cent of the apparel originally targeted in the trade war is still facing tariffs. Tranche 3 tariffs, for one, are still in effect, plaguing thread, yarn, textiles and handbags with punitive duties.

China is battling an escalating health crisis. The coronavirus outbreak has significant portions of the country under lockdown, goods piling up at ports, and workers—including truckers who would handle goods movement in the country—warned off from returning to work in the hopes of minimizing further spread of the virus.

Since tariffs automatically increase the cost of imported goods, it would be inherently contradictory public policy to want more Chinese purchasers to buy American products and yet at the same time make them more expensive than necessary because of such tariffs.

In the wake of international medical crisis emerged by Coronavirus, Apparel Sourcing Week (ASW), India's premier garment sourcing show, has rescheduled ASW2020 to June 18-20, 2020. The event will be held at the same venue Sheraton Grand Whitefield, Bengaluru with the same partners & same agenda, from the earlier announced dates of February 20-22, 2020.

Apparel Sourcing Week 2020 (ASW2020) has taken this decision considering the public health and safety of their exhibitors, visitors and speakers are of prime concern, especially as countries have issued advisories to curb international travel and movement in crowded places.

Similar concerns were shared by many of ASW's exhibitors/sponsors/speakers from abroad and within the country. While some had already excused themselves, many others were unsure of whether they would eventually be able to make it to the show. Hence, ASW has decided to reschedule the event.

Global fashion luxury group Capri has announced that the China coronavirus outbreak could hit its revenues for the fourth quarter and full-year 2020. In its full-year fiscal 2020 outlook, Capri estimates revenue to decrease by around $100m and earnings a share by $0.40 to $0.45. Capri reported third-quarter revenue growth of 9.2 per cent gross profit of $932m and $210m net income, which exceeded expectations.

The group has also noted that brand comparable store sales guidance ranges will not be provided in the fourth quarter.

The parent company of fashion brands such as Michael Kors, Versace and Jimmy Choo has closed approximately 150 of its 225 stores in mainland China as of 5 February.The rest of the stores that remain open are operating with reduced hours and fewer customer visits.

Other major retailers who are victims of the outbreak include Ralph Lauren, Gap, Hugo Boss, Swatch and more. Additionally, Nike and Apple have both confirmed store closures this week across mainland China.

Techno-features, comfort and a natural feeling are the main characteristics of the 2021 A/W collection by Carvico and Jersey Lomellina. The two International leaders in the production of warp knitted and circular knitted stretch fabrics, headquartered in the district of Bergamo, are taking Munich Fabric Start by storm with a selection of performance fabrics for the fashion industry, which are ideal for the creation of high performance, unique and trendy garments.

An exclusive and bold collection telling about leisure and great passions. The details, the treatments, the quality and techno-features which usually characterize sportswear items translate into versatile, comfortable and stylish apparel items designed to be worn 24/7 in very different occasions, from the most casual settings to the most glamorous ones.

Smooth or dynamic textures, metal or velvety surfaces, glossy or matt fabrics with a soft or a technical hand feel: Carvico and Jersey Lomellina collections have been designed to suit any type of performance and application.

A selection of high performance fabrics which are also extremely comfortable, with the same fit as the Revolutional family by Carvico which has expanded with the brand new Revolutional Sweet and Revolutional Zenit whose most interesting features are their versatility, sexiness and light weight.

A selection of classic and elegant, modern and innovative fabrics like Oxford and Cambridge by Jersey Lomellina, the ideal solution for the creation of men and women shirts.

Carvico and JL fabrics are synonymous to made in Italy, but also stand for “made with integrity”: sustainability is actually the new key word for the fashion world and Carvico and Jersey Lomellina, have always been concretely active in this field and committed to lower the environmental impact of their production, to the point that they have achieved amazing results with regard to their green vision. So we can all dress up while being respectful of the environment, wearing high performance, sustainable fabrics which originate from ghost fishing nets, tulle, industrial waste materials, fluff and textile waste materials. Take Revolutional Eco as an example of the green fabrics by Carvico, the sustainable evolution of the Revolutional fabric, made of ECONYL regenerated nylon yarn.

Carvico and Jersey Lomellina are exhibiting at Munich Fabric Start several beautiful, elegant, innovative, high quality fabrics which can interpret and anticipate the market trends.

Pure Origin, the new home for international garment, fabric and supply chain sourcing, will put the spotlight on Turkey at the next show taking place alongside Festival of Fashion Pure London at Olympia London from 9th – 11th February 2020.

As the world’s 7th largest apparel exporter with 17 billion USD export, and with 72% of total apparel export going to the EU, Turkey represents a huge opportunity for UK brands and designers, with short delivery times and integrated supply chain capabilities. Turkish brands have always had a strong presence at Pure London, and this season’s show is no exception with more than 20 businesses from the region showcasing within Pure Origin, and over 20 Turkish brands showing in Pure London - supported by Turkey, Discover the potential campaign. Joining the Pure Origin line-up this season include S&M Tekstil, Titbas Tekstil, Isik Etiket, Creazone, Günerler, Ersa Tekstil, Trakya Tekstil and Aysan Tekstil among many others.

Nihat Berktas, Turkey Country Manager for Pure London and Pure Origin says; “The interest in Turkish companies at the show is growing exponentially every year as the appetite for the UK market is increasing. The UK is the 2nd largest export market for Apparel/Textile for Turkey, and UK buyers are looking to manufacture more in closer countries like Turkey. Pure Origin will offer visitors a huge variety of new Turkish businesses to explore this season.”

Pure Origin, hosted together with Pure London, brings the entire fashion supply chain, from fibre to finished collection, under one central London roof. Pure Origin provides access to seven curated sectors across supply and manufacturing. It also features its own dedicated platform for content including talks, workshops, trend presentations and catwalk shows. Together with Pure London, guests can explore the full fashion supply chain under one roof – creating the only fashion trade show in the UK that offers this unique experience.

Festival of Fashion, Pure London, in partnership with its trends partner Unique Style Platform, has revealed a snapshot of next season’s future trends in preparation for bringing them to life at the show taking place from 9th – 11th February at Olympia London. Based on intelligence provided by Unique Style Platform, visitors to Pure London will be presented with the key trends for the AW20/21 buying season during regular daily trend presentations and via catwalk shows on the Pure London Runway Stage.

The collections include HIBERNATE, ATTUNE, OPULENCE and NU-TECH.

Offering over 1,300 of the latest collections across the entire industry, visitors to Pure London and Pure Origin from the 9th – 11th February 2020 can explore the full fashion supply chain under one roof – creating the only fashion trade show in the UK offering this unique experience.