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M&S buys stake in Nobody’s Child
Marks & Spencer has snapped up a 25 per cent share in fashion brand Nobody’s Child. Nobody’s Child was the first third-party brand M&S stocked online. It will continue to operate as an independent business. The deal means the brand will now be able to access M&S’s infrastructure and investment to scale up its business. For M&S Nobody’s Child will bring a number of benefits, including its focus on near-sourcing supply.
The move is part of M&S’ strategy, which uses business models, including exclusive collaborations, strategic acquisitions, wholesale agreements and investments. M&S now works with over 30 partner brands, including Clarks and Ghost. Working with other brands helps M&S become more relevant to more people while working with M&S is an attractive proposition for other brands because of the retailer’s broad customer base.
Nobody’s Child is an eco-conscious fashion brand for women and aims for zero-waste capsule collections at accessible prices. Founded in 2015 Nobody’s Child is affordable, directional and approachable for thinking millennials who want style with substance.
Marks & Spencer has 268 franchise stores in 34 markets and an established joint venture in Greece as well as India. It also trades online in 21 markets reaching customers through its fully localised owned and operated websites via established marketplaces such as Myntra in India and Zalando in Europe and with its established franchise partners.
Egypt’s textile exports up 28 per cent
Egypt’s textile exports increased 28 per cent during the first nine months of 2021. Fabric exports went up 17 per cent. Higher exports were driven by the gradual easing of restrictions and the high vaccination rates across the world. Egypt wants to have stronger trade relations with Africa. And to achieve this, its taking part in international exhibitions in Africa and setting up an Egyptian-African free trade zone. The main countries Egypt is interested in are Kenya, Zambia and Ivory Coast.
Egypt plans to develop its textile industry with the objective of becoming the next textile factory of the planet. Machinery will be renovated and workers will be trained. The vision is to quadruple exports of textiles and garments by 2025. The aim is to support Egypt’s private sector upstream manufacturers’ competitiveness in the world markets. The restructuring program aims at restoring Egypt’s prominent position in the world market and capitalising on the globally renowned fine Egyptian cotton fiber. The program includes the modernisation of spinning, weaving, knitting, dyeing, finishing, printing and confection, based on a product line definition which brings forth added value to Egyptian cotton, from cotton farming to readymade goods with world class levels in terms of quality and efficiency.
Mumbai hosts technical textiles event Techtextil
Techtextil was held in Mumbai, November 25 to 27, 2021. This is a trade fair for technical textiles and nonwovens and was one of the first major business events in India for the technical textile sector since the pandemic. The aim was to present a strong showcase of technical textile technologies crucial for the development of India across industries such as healthcare, agriculture, construction, infrastructure, sports, apparel etc.
Covering the most demanding application areas, the trade fair attracted buyers from the fields of agriculture, automotives, building, clothing and protective clothing, environmental protection, geo-technology, housing and home, medical science, packaging and sports, among others. The three-day business event included a series of digital symposiums to present a global outlook on technical textile trends, the current industry debate on sustainability and digitalisation as well as opportunities for Indian technical textile players in the global arena.
Leading technical textile players from Tamil Nadu and across the nation participated in the business event. There are several inherent advantages for the growth of technical textiles in Tamil Nadu. Since raw materials used in the production of sanitary products, artificial ligaments, seat belt webbings and airbags are still heavily imported, the Techtextil India Forum was seen as a way of reducing import dependency and bringing investments in R&D, manufacturing by partnering with global technical textile companies. The Indian market for technical textiles is growing at a CAGR of 12 per cent, three times faster than the global growth rate, indicating strong export opportunities.
Sales surge for UK retailers pre-Christmas
UK clothing and department stores are seeing a big upward swing in sales volumes, says the Confederation of British Industry. British retailers reported their strongest pre-Christmas demand since 2015. Christmas seems to have come early for retailers. Although stock levels are adequate for the first time in seven months, previous shortages of some goods appears to have made shoppers want to make their purchases earlier this year. Retail sales rose in October 2021 for the first time since April. British retail sales surged in March and April when shops reopened after a lockdown, but then fell steadily as other businesses reopened and consumers faced a wider range of spending options.
There is also evidence of surging price pressures in Britain, which may push the Bank of England to raise interest rates very soon for the first time since the start of pandemic. Retailers have reported the most widespread rise in prices since May 1990. Employment in the sector - which has been under long-term pressure from online retail - also rose for the first time since November 2016. Overall, retailers are becoming more optimistic, with both employment growth and investment intentions picking up strongly. Cost pressures remain a very real concern, however.
Pakistan’s textiles exports up 26 per cent
The value of textile and garment exports from Pakistan increased by 26.55 per cent year on year in dollar terms in the first four months of fiscal 2021-22. Knitwear exports rose a sharp 35.45 per cent year on year during the four-month period while exports of non-knit readymade garments were up 22.34 per cent. Among textiles, cotton yarn exports increased 71.39 per cent. Exports of cotton fabric rose 18.54 per cent during the period under review. Bedwear exports jumped 21.30 per cent.
On expenditure side, synthetic fiber imports shot up by 58.56 per cent year on year while imports of synthetic and artificial silk yarn rose 42.80 per cent. Meanwhile, the value of textile machinery imports by Pakistan increased significantly by 109.95 per cent year on year during the four-month period. In fiscal 2020-21 ending June 30, textile and garment exports from Pakistan increased by 22.94 per cent.
Pakistan’s overall exports increased 24.71 per cent in the first four months of the current financial year. Exports of men’s garments increased 32 per cent. Exports of home textiles increased 22 per cent. Cotton fabric exports grew 20 per cent. Cotton yarn exports increased 73 per cent.
Apparel industry needs to clean up its act
The global apparel and textile industryis responsible for water pollution, greenhouse gas emissions and landfill.
The fashion industry contributes more than ten percent to global emissions.Fast fashion – the continual delivery of new styles at very low prices – has led to a big increase in the quantity of clothes produced and thrown away.Around 50 billion new garments were manufactured in 2000, and in just 20 years, the figure has doubled. But the recycling rate of these garments remains less than one percent.Policymakers, scientists and activists have been urging the sector to adopt a science-based approach to reduce massive water, fiber and energy consumption to become sustainable.
COP 26 is one of the most important summits, where world leaders come from all over the world to accelerate action towards the goals of the 2015 Paris Agreement and the 1994 UN Framework Convention on Climate Change. COP26 has set four prime goals, where the first goal is to secure global net-zero emissions by mid-century and keep the global temperature rise under 1.5 degrees celsius, in line with the Paris Agreement.The apparel industry can play a real and effective role with the collaboration and partnership of brands and buyers to reach COP26’s goal.
TrusTrace offers traceability ecosystem
TrusTrace has formed a coalition of industry players to introduce a traceability ecosystem. The ecosystem aims at launching holistic solutions to the fashion industry’s biggest traceability and transparency challenges and this will happen as the development of a powerful integrated solution through seamless data integration and knowledge exchange has been planned.
TrusTrace is a supply chain solutions provider. Among the coalition of industry players are Higg, the Open Apparel Registry, Circle Fashion, Renoon and Haelixa. TrusTrace’s open architecture platform ensures the company is able to integrate seamlessly with other sustainability solution providers within this ecosystem. The first phase of traceability ecosystem launches with sustainability insights platform Higg and global apparel open-source database the Open Apparel Registry and will facilitate the integration of TrusTrace and Higg data sharing. This will help TrusTrace clients understand the social and environmental impact of their supplier facilities and their products by accessing their data from Higg on TrusTrace.
The integration will also help users understand the materials’ footprints in a single location and analyse supply chain and material combinations. Customers will also be able to access the Higg Facility Environmental Module and the Facility Social and Labor Module (FSLM) against their supplier facility profiles on TrusTrace to provide them with a single view of all the sustainability information for a facility.
India pitches itself as preferred sourcing partner at Expo 2020 Dubai
Expo 2020 is being held in Dubai from November 26 to December 2, 2021. India is pitching for becoming the preferred sourcing partner for the global textile industry during the event. Global investors are being invited to invest in the Indian textile value chain and make it a preferred sourcing partner. The Textile Week at the India Pavilion sees many activities including roundtable discussions on India as a sourcing and investment destination for textiles along with the production linked incentive scheme. This scheme is aimed at domestic technical textile firms and manufacturers of fabrics and apparel in the manmade fiber segment.
India is the world’s second largest exporter of textile and clothing and focuses on both quality and scale of production to become a global manufacturing hub. India is recognized as one of the best sourcing destinations for garments, textiles and accessories. The textile share in India’s GDP is estimated at around 2.3 per cent and it is the largest employer, employing about 45 million workers. India’s FDI policy is recognized as the most liberal in emerging economies, which allows 100 per cent investment under the automatic route in the entire textile value chain. The textile industry has been encouraged to focus on speed, skill and scale and get into innovative partnerships.
Supply chain glitches affect Nike retailers
Nike has been affected by the disruption in global supply chain for sneakers. Nike has voiced concerns about its ability to sell seasonal collections for year-end festivities, with half of Nike sneakers are sourced in Vietnam. In the last few weeks, the sector has hinted at the difficulties multibrand retailers might experience on stocks of Nike’s most popular products in the near future. Nike Futures orders for Spring/Summer ’22, and the balance Winter ’21 orders, stand cancelled. Nike has also indicated that re-stocking would not be possible until further notice. A few years ago, Nike announced it intended to prioritise direct sales channel and a limited number of close retail partners but the fact that the group’s retailers are having their orders cancelled is concerning.
Covid continues to impact global supply chain and create transportation disturbances. Like Nike, German groups Adidas and Puma are dealing with closures at their Vietnamese suppliers’ factories in recent months and with difficulties in shipping goods from Asia to the rest of the world. They are expecting stock-outs for some products during the year-end festivities. The same disruption is expected to hit the production of spring/summer 2022 collections.
Performance Days Munich is cancelled
Performance Days Munich which was to have been held in Germany, December 1 to 2, 2021, has been cancelled due to the sharp rise of Covid cases. The event organizers of Performance Days were in the final stages of preparations for the fair and the goal of being able to realize a fully booked fair with a portfolio like in pre-pandemic times seemed to be within reach. But the digital fair on December 1 to 2, 2021, will go on.
As a part of The Loop, there is the opportunity as of now to view online the fabric innovations and news for the winter season ’23/’24, this year’s focus topic, The Sustainable Future of Nylon, and the latest color trends. In the Marketplace, visitors will be able to view the numerous exhibitor products, including the Performance Forum’s curated sustainable fabric highlights.
Throughout the digital fair, exhibitors and fair visitors can look forward to extensive networking opportunities. For example, as part of the digital supporting program on December 1, with various expert talks, there will be discussion rounds and speakers via livestream and Q&A live from the studio. On December 2, the sustain and innovate conference on this year’s focus topic will kick off with discussions and panels.












