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Autumn Fair 2024 A premier retail

 

Autumn Fair, the UK's foremost retail marketplace scheduled for September 1-4 at NEC Birmingham, is primed for its highly anticipated return. Renowned for its role as a vital hub in the latter part of the year, the fair offers an indispensable platform for buyers to explore an extensive range of new and captivating products from leading brands in the retail industry.

Curated selection

With over 600 carefully selected suppliers spanning Home, Gift, and Fashion sectors, Autumn Fair prides itself on its curated selection of products. Notably, more than 30 per cent of brands showcased are exclusive to Autumn Fair, making it a unique and sought-after event in the retail calendar. Among the confirmed exhibitors for 2024 are industry giants like Widdop & Co, Lesser and Pavey, Hill Interiors, and a host of others, promising an exciting showcase of the latest offerings in the market.

Anticipation and excitement

Jackson Szabo, Portfolio Director of Autumn Fair, exudes confidence in the upcoming event, expecting an impressive turnout of over 12,000 visitors. With a staggering 85 per cent of attendees coming with the intent to buy or source products, Szabo emphasizes Autumn Fair as the perfect destination for retailers looking to meet key suppliers and place orders ahead of the peak shopping season. The event is touted as a wholesale platform that not only celebrates quality homewares, gifts, and fashion products but also streamlines the shopping experience with fast fulfilment, catering specifically to the winter season's demands.

Appeal to retailers

Autumn Fair's appeal extends to retailers of all scales, from major players to independent businesses. With over 80 per cent of attendees wielding purchasing power, and a vast majority attending to procure products for their businesses, the fair holds paramount importance in the retail industry. Jane Harris, Buyer for Anne Furbank in Buckden, praises the fair as an invaluable opportunity to engage with a diverse array of suppliers, including smaller, independent businesses that often offer unique and niche products.

Strategic platform for exhibitors

For exhibitors, Autumn Fair represents a strategic platform to showcase new product ranges and capitalize on the lead-up to the festive season. Alan Pimm, Managing Director of Sifcon, expresses enthusiasm for returning to Autumn Fair, citing the event as the ideal stage for launching new products and leveraging the momentum generated by Spring Fair 2024. Similarly, Jonny Greves, Director at Lesser and Pavey, highlights the significance of ensuring sufficient stock availability for retailers during the busiest quarter of the year, emphasizing the pivotal role of Autumn Fair in driving success for exhibitors.

Value of face-to-face interaction

Stephen Illingworth from Widdop & Co emphasizes the irreplaceable value of face-to-face interactions facilitated by trade shows like Autumn Fair. He underscores the importance of such events in enabling companies to engage effectively with customers, particularly during critical selling periods like autumn and Christmas. Illingworth stresses the necessity of showcasing new launches and engaging with customers directly, which he believes is best achieved through trade shows.

A cornerstone event

As Autumn Fair 2024 approaches, anticipation mounts within the retail industry for an immersive experience where retailers can source the best products to meet consumer demand during the peak shopping season. With its comprehensive selection of brands and products, Autumn Fair stands as a cornerstone event for industry professionals seeking innovation, quality, and efficient sourcing solutions. As the countdown to September begins, all eyes are on NEC Birmingham, where Autumn Fair promises to once again set the stage for a successful end-of-year retail season.

 

 

Textile exports from India declined by 4.2 per cent Y-o-Y in the initial 11 months of the current fiscal year, owing to challenging economic conditions in key markets like the European Union (EU), the US, and West Asian countries, as per data from the Commerce Ministry. The figures reveal a drop from $32.33 billion to $30.96 billion in textile exports during April 2023 to February 2024 compared to the same period in the previous fiscal year.

Specifically, RMG exports decreased by 11.4 per cent to $13.05 billion, while jute exports declined by 22.5 per cent to $310 million. Yarn exports declined at a lower rate of 5.3 per cent to $4.23 billion during the 11-month period until February.

Despite these challenges, industry experts anticipate a potential improvement in exports in the coming months, particularly with signs of recovery in the US market. CRISIL projects growth in India's textile industry in 2024, driven by rising domestic demand, gradual export recovery, and favorable cotton prices.

Anand Ramanathan, Partner, Deloitte India, highlighted the importance of exploring alternative markets in the East, such as Japan and Korea, and leveraging India's expertise in natural fibers and cotton. Additionally, he emphasised opportunities in the luxury sector due to its relative immunity to economic fluctuations and India's rich heritage in weaving and embroidery.

Main buyers of Indian ready-made garments predominantly come from European nations, notably Germany, the Netherlands, Italy, Poland, and Denmark.

The ongoing targeting of ships in the Red Sea by Yemen's Houthi militants has further exacerbated the situation, leading to higher shipping costs for Indian exports due to rerouting from Africa. Approximately 95 per cent of vessels have diverted around the Cape of Good Hope, resulting in extended journey times.

Despite these challenges, India remains the world's sixth-largest exporter of textiles and apparel, with the sector contributing significantly to the country's GDP, industrial production, and exports. 

According to the body established by the Ministry of Commerce and Industry, Indian Brand Equity Foundation, Currently growing at a CAGR of 14.59 per cent, India’s textile and apparel market expected to reach $387.3 billion by 2028 from $172.3 billion in 2022.

 

 

Teresia Wairimu Njenga, Chair, Mitumba Consortium Association of Kenya, has opposed a proposal seeking restrictions on export of used clothing from EU. 

The proposal was put forth by several representatives from France, Denmark, and Sweden, citing concerns over environmental pollution and the need to promote textile recycling within the EU. 

The proposal aims to apply the Basel Convention, banning exports of hazardous textile waste and requiring prior consent for importing textile waste.

 Njenga argues that imports of used clothes support livelihoods and contribute to tax revenues in Kenya. She denies claims that the imports contain significant amounts of unusable items that end up in landfills, asserting that imported clothes are of good quality.

Kenya, along with other African countries such as Ghana, Senegal, and South Africa, heavily relies on imports of used clothing. According to UN trade data, Kenya imported 177,386 tons of used clothing in 2022, marking a significant increase from previous years.

Research commissioned by the Mitumba Consortium Association of Kenya indicates that only 1 per cent-2 per cent of each imported bale of used clothes ends up as waste. Njenga has been actively lobbying against the proposal, meeting officials from various EU countries and planning further discussions with officials from the European Commission's Directorate-General for Trade and the Directorate-General for the Environment.

 

 

In February, Sri Lanka's apparel export earnings registered a marginal growth of 0.19 per cent Y-o-Y to $398 million.

Export figures revealed a mixed trend across key markets. While exports to the United States and the United Kingdom experienced growth, expanding by 5.94 per cent and 22.61 per cent to $165 million and $64 million respectively, exports to the EU faced a slight decline, dipping by 1.05 per cent Y-o-Y to $112 million. 

Additionally, exports to other markets saw a significant decrease, plummeting by 25 per cent Y-o-Y to $56 million in February.

However, the cumulative export performance for the January to February period showed a contraction, declining by 4.8 per cent to $756 million. During this timeframe, exports to the United States, European Union, and other markets experienced decreases of 6.2 per cent, 5.2 per cent, and 10.32 per cent respectively. Notably, exports to the United Kingdom bucked the downward trend, growing by 7.31 per cent.

 

 

Copenhagen Fashion Week, as the pioneer in global fashion events, has mandated Sustainability Requirements for brands since 2023, ensuring a commitment to eco-conscious practices. Today, the unveiling of the updated Sustainability Requirements marks a significant evolution from the original framework introduced in 2020, signaling a continued dedication to driving sustainability in the fashion industry. Effective January 2025, these updated criteria will serve as the compulsory benchmark for brands seeking inclusion in the official show and presentation schedule.

Cecilie Thorsmark, CEO of Copenhagen Fashion Week, emphasizes the imperative of annually enhancing these requirements to propel brands forward and maintain global leadership in setting sustainable standards. The revisions not only raise the performance bar for participating brands but also align with evolving industry dynamics and forthcoming EU policies, ensuring relevance and effectiveness.

Building on insights from a year of implementation, as well as comprehensive mapping of EU regulations, the updated framework prioritizes continual advancement in sustainability practices. Frederik Larsen, Co-founder of In Futurum, underscores the framework's role in fostering industry-wide progress, particularly amidst evolving regulatory landscapes and heightened political scrutiny.

The latest updates to the Sustainability Requirements introduce three new Minimum Standards, elevate existing standards from commitment to implementation stages, and integrate 31 additional actions, notably emphasizing social sustainability. Importantly, while the framework retains its foundational structure encompassing strategic direction, design, material selection, working conditions, consumer engagement, and show production, it now reflects a deeper emphasis on holistic sustainability approaches.

Marie Busck, Head of CSR & Sustainability at Dansk Fashion & Textile, stresses the importance of aligning the framework with evolving legal frameworks and incorporating stakeholder feedback to enhance clarity and effectiveness.

In essence, Copenhagen Fashion Week's updated Sustainability Requirements herald a new era of heightened sustainability commitments, reflecting industry evolution, regulatory developments, and stakeholder feedback, while reaffirming its leadership in driving positive change within the fashion sector.

 

 

Italian denim mill, Candiani Denim has joined forces with eco-friendly fiber maker Lenzing to convert recycled geotextiles into a Glacier Jacket.

Akin to the fabric used in landscaping, geotextiles play a crucial role in shielding glaciers from the detrimental effects of climate change. However, conventional geotextiles often utilise fossil-based fibers, posing a threat to water supplies due to microplastic contamination.

In response to this environmental challenge, Austria-based Lenzing innovated a geotextile crafted from cellulosic fibers, which boast natural biodegradability and recyclability. After successful trials on the Stubai Glacier in Austria, where Lenzing's geotextile received acclaim in the Swiss Bio Top Awards for wood and material innovations, the initiative has been expanded to safeguard all Austrian glaciers frequented by tourists.

Berndt Köll, Emerging Business Development, Lenzing, expressed enthusiasm about the project's positive outcomes, underscoring its potential as a sustainable solution for glacier preservation, both domestically and internationally.

Building on this success, Lenzing collaborated with Candiani Denim to take the geotextile program a step further by repurposing fibers from discarded geotextiles into a novel creation—the ‘Glacier Jacket.’ Leveraging innovative recycling techniques, Candiani repurposed glacier waste yarn into a white denim fabric, which was then fashioned into garments. This closed-loop approach ensures continuous recycling, breathing new life into materials and minimizing environmental impact.

This collaboration marks Lenzing's second partnership with a denim manufacturer this year, following a collaboration with Advance Denim in China to produce sustainable denim using Lenzing's matte Tencel lyocell fibers, renowned for their authentic vintage aesthetic.

Despite reporting financial setbacks in their 2023 earnings report, Lenzing has celebrated environmental victories, notably reducing non-recycled waste by nearly 50 percentage points and expanding partnerships to enhance circularity within its supply chains.

The eagerly anticipated Glacier Jacket will premiere at Salone de Mobile in Milan, showcasing the innovative prowess of Candiani Denim's micro-factory. In addition to Candiani Denim, Lenzing collaborated with Marchi & Fildi Spa, specialists in mechanical recycling, and Blue of a Kind, an avant-garde fashion studio, exemplifying a shared commitment to driving sustainability and innovation in the textile industry.

Florian Heubrandner, Executive Vice President-Commercial Textiles, hailed the project as a testament to the power of collaboration and shared vision in advancing sustainability goals, mitigating environmental impact, and fostering collective action against climate change on a global scale within the textile industry.

 

 

The Hong Kong Trade Development Council (HKTDC) embarked on an ambitious series of Fashion Hong Kong 2024 campaigns, aimed at spotlighting the distinctive allure of Hong Kong's designer brands on the global fashion stage. Kicking off this month, the campaigns sought to captivate international audiences with the creativity and innovation inherent in Hong Kong's fashion landscape.

One of the hallmark events of these campaigns was the successful conclusion of the Hong Kong Pop-up Design in Paris on March 25. Organized by the HKTDC in collaboration with the Hong Kong Economic and Trade Office in Brussels, this pop-up shop showcased 11 emerging Hong Kong designer brands. It presented an eclectic array of fashion products ranging from clothing and leather goods to jewelry and accessories. By facilitating cultural and business exchanges between France and Hong Kong, the event underscored the cosmopolitan appeal of Hong Kong's fashion scene.

Fashion Hong Kong has been making waves on the international circuit since 2015, participating in prestigious events like international fashion weeks in New York, London, Paris, and beyond. Concurrent with the Paris pop-up, promotional campaigns were also underway in Thailand and Shanghai, underscoring the commitment to promoting Hong Kong brands on both Mainland China and global stages.

Central to the Paris pop-up was a focus on sustainable fashion, with brands like Arty:Active, Coat Tote, Oleada, and Soulmatte leading the charge with their environmentally conscious design ethos. Additionally, the event showcased art and culture-centric brands such as ditto ditto, Jarden Des Fontaines, and Pair Pair Full, offering unique perspectives on Hong Kong's rich cultural tapestry.

Moreover, Fashion Hong Kong seized upon burgeoning e-commerce opportunities in the Asean market by partnering with Pinkoi to launch a dedicated page for Hong Kong sports and leisure brands on its Thailand-specific platform. This initiative aimed to facilitate cross-border e-commerce sales in Thailand and beyond, capitalizing on the region's growing appetite for Hong Kong fashion.

Looking ahead, Fashion Hong Kong is gearing up for an exciting showcase at Resee, a trendy boutique in Shanghai's Huaihai 755 shopping mall, coinciding with Shanghai Fashion Week. Additionally, participation in the Dada Showroom during the event will facilitate valuable networking opportunities for brand designers, further amplifying Hong Kong's presence in the global fashion arena. 

 

Bangladesh aims to expand its garment exports to $100 billion by 2030. To achieve this, the sector plans to shift towards producing high-value, fashionable clothing.

Traditionally known for basic items, Bangladeshi apparel exporters are now focusing on producing more complex and stylish garments, like jackets, lingerie, sportswear, and suits.

Leading this transition is the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), which is spearheading the initiative to facilitate the shift towards high-value items. Faruque Hassan, President, BGMEA recently visited factories to see firsthand the production of these high-end items. 

During these visits to companies like Universal Menswear, Suad Garments Industries, Yunusco, UHM Ltd, and Remi Holdings, he engaged with factory management and officials to gain insights into the prospects of such garments in global markets.

He discussed ways to support manufacturers and boost Bangladesh's capabilities in this area. Hassan also underscored the opportunities presented by non-cotton fiber products for diversification, stating, by shifting towards non-cotton and the high-end segment, Bangladesh can not only seize the opportunity but also position itself as a key player in the global fashion industry.

As more and more garment factories move towards manufacturing high-end and value-added products, more brands need to step up investments in innovation and technological upgradation, opined Hassan.  He urged factories to embrace this trend and manufacture diversified high-end products to capitalise on the opportunities in the global market.

 

 

A leader in sustainable denim manufacturing, Soorty is tackling environmental challenges head-on with their innovative Regenagri Initiative. Launched in collaboration with the Rural Education & Economic Development Society (REEDS) in Pakistan, this project aims to revitalise agricultural ecosystems through regenerative farming practices.

Highlighting the essence of regenerative agriculture, Muhammad Yousaf, Project Head-SRI, Soorty, emphasises that it goes beyond maintaining the status quo. According to him, regenerative agriculture is about actively enhancing soil health and biodiversity. Through SRI, Soorty seeks to demonstrate that ecological restoration and premium cotton production can coexist harmoniously.

The primary objective of the initiative is to bolster climate resilience, thereby safeguarding the livelihoods of farmers associated with the textile industry. By promoting biodiversity conservation, reducing chemical reliance, and advocating water conservation, Soorty aims to enhance sustainability and traceability within the cotton industry.

Shahid Saleem, Executive Director, REEDS, expressed alignment between SRI's commitment to empowering farmers and sustainable practices with REEDS' mission. He states, together, the two organisations nurture a future where vibrant ecosystems and prosperous communities thrive hand-in-hand.

Soorty has engaged with 1,100 small-scale farmers to impart sustainable practices through educational campaigns. It is anticipated that the SRI initiative will yield approximately 1,225 metric tons of cotton this year, paving the way towards a sustainable future.

Ebru Debbag, Executive Director, Soorty, underscores the holistic impact of SRI, emphasising that it extends beyond sourcing better cotton. She remarks, with SRI, Soorty invests in the well-being of entire communities. This ethical stance resonates with customers who recognise that genuine sustainability transcends the product itself.

 

France Cracks Down on Fast Fashion A step forward or a symbolic gesture

 

France's recent bill targeting ultra-fast fashion with penalties and advertising bans has sparked debate on its effectiveness in tackling environmental concerns within the clothing industry. Here's a deeper look at the issue, considering various perspective.

The regulation to curb environmental impact 

The proposed law aims to curb the environmental impact of fast fashion, particularly from companies like Shein, known for its trendy, low-cost clothing. The penalties will gradually increase to €10 per garment by 2030, and advertising for such products will be banned. Shein argues their model generates less waste, claiming their unsold items remain in the "low single digits," compared to traditional retailers' 40 per cent waste. According to a McKinsey & Company report fashion contributes 3-5 per cent of global carbon emissions, with a significant portion coming from the production of synthetic fibers like polyester.  The French bill seeks to address this by:

Implementing and gradually increasing fines (up to €10 per item by 2030) on ultra-fast fashion products.

Banning advertising for such products.

France's repair scheme with consumer reimbursements promotes extending clothing life and reducing waste.

While the French bill represents a proactive approach, its effectiveness remains to be seen. Because of its limited scope as the bill primarily targets French companies or those selling within France. The global nature of the fast-fashion industry demands international cooperation for a more impactful solution. Critics argue the fines might be negligible for large corporations, potentially rendering the bill a symbolic act. In fact, the €10 per garment might not significantly impact large companies like Shein. The effectiveness hinges on strong enforcement and potential expansion to other EU countries. Targeting advertising might have limited impact if consumers still seek out these products online.

The ideal solution is a multi-pronged approach

Experts suggest a combination of measures:

Stronger legislation: Global regulations targeting production practices, material usage, and waste reduction are needed.

Consumer awareness: Educating consumers about the environmental impact of fast fashion and promoting sustainable alternatives like buying second-hand or repairing clothes are key.

Producer responsibility: Holding brands accountable for the lifecycle of their products, including take-back programs for used clothing, could incentivize more sustainable practices.

A global approach to regulating the fashion industry is likely more effective than individual efforts. The EU ban on used clothes exports suggests a growing international awareness of the issue, potentially paving the way for broader.

Indeed, France's bill is a step towards tackling fast fashion's environmental impact. However, its effectiveness remains to be seen. Long-term solutions require a global shift towards sustainable production, responsible consumption, and robust regulations.