gateway

FW

FW

Ijaz A. Khokhar , Chief Coordinator,  Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged upon the government to chalk out next five years plan to bring boom in exports and stablilise the national economy. He feels, the government should formulate short term and long term policies for getting economic benefits.  It should take effective steps to explore non-conventional international markets to boost export volumes. The PRGMEA Coordinator further disclosed that Trade Development Authority of Pakistan (TDAP) is organising the Textile Exhibition (TEXPO) from April 11 to 14, at Expo Centre Lahore. Delegations from Middle East, Far East, China, Africa and Europe will attend the exhibition alongiwth over 250 domestic delegations. 

The exhibitors will showcase products like knitwear, readymade garments, sportswear and accessories, etc. The exhibition will provide an opportunity to domestic businessmen to develop not only B2B links bout also help in establishing joint ventures with their foreign counterparts.

 

Driven mostly by soaring sales of products other than men's bottoms, Levi Strauss registered double-digit revenue and operating income growth in 2018. This momentum carried over into the first quarter of 2019. The company’s revenue increased in double-digit percentage on a constant-currency basis, and its adjusted operating income grew at an even quicker pace. The company's guidance for the full year was a little less impressive, but Levi still sees revenue and earnings marching higher in 2019.

Levi's revenue growth was driven by both the wholesale business and the direct-to-consumer business. Its wholesale revenue totaled $869.3 million, increasing by 5 per cent year over year, while direct-to-consumer revenue jumped 9.6 per cent to $565.1 million. Its direct-to-consumer revenue included sales at its company-operated stores, company-operated shop-in-shops located in third-party retail stores, and company-operated e-commerce sites.

Levi's revenue also grew across its three geographic regions. America’s revenue increased by 9 per cent year over year; European revenue increased by 3 per cent year over  year; and Asian revenue was up by 8 per cent year over year. All three regions also saw increases in operating income.

Levi's adjusted operating income growth was driven by higher revenue and a reduction in operating expenses as a percentage of revenue. However, adjusted net income soared primarily due to a $37 million charge related to undistributed foreign earnings in the prior-year period.

Itma to be held in Spain from June 20 to 26, 2019, will feature companies that use new and emerging textile technology. One is Natural Fiber Welding that uses a closed loop platform to fuse fibers together without denaturing the natural polymers of the fibers. The technology hinges on a key technical insight that the glue that holds cellulose molecules in cotton together – intermolecular forces – can be extended from within a fiber to bridge surrounding neighboring fibers. The technology uses intrinsically safe salt-based chemistries to activate fibers to controllably fuse them together (using no resins, glues, or synthetic plastics) to make new materials. The salt is then continuously reclaimed and recycled making the process closed loop.

Software Automation is a US-based company that’s disrupting the sewn products industry by creating autonomous sewbots that use artificial intelligence to automate garment and footwear production. Software uses machine vision to map fabric and robotics to steer the fabric through the needle. This is the critical step to creating rapid reaction urban manufacturing anywhere in the world regardless of the supply of cheap labor.

Wider is a company that provides diagnostic tools such as workers’ mobile phones to track and encourage improvement in labor practices along the textile supply chain.

 

Isko is presenting Denim Sound Textures at Milan Design Week, April 8 to 14, 2019. This is an immersive and interactive experience that will introduce guests to the surprising multi-sensoriality of denim. This project is the result of Isko’s focus on pushing the unlimited possibilities of denim: an ongoing technical, aesthetic and functional research process which highlights the core values of the company – competence, creativity, social and environmental responsibility – as its leading force. Isko presents this experience in collaboration with a selection of premium fashion brands like Hugo, Madewell, Replay, Dovetail Workwear, François Girbaud, Taylor Stitch, 7 For All Mankind, Blue de Gênes, Tiziano Guardini and O’Neill which have relied on Isko fabrics for their collections.

The core of the project is a series of advanced denim technologies that Isko designed and developed over the years. Isko was the first to introduce the life cycle assessment methodology in the denim industry, which in line with the ISO 14040 and ISO 14044 certifications makes it possible to evaluate and quantify the environmental footprint of a product throughout the entire life cycle, from the raw material to the finished product. The company is committed to applying the life cycle assessment to all its 25,000 products, with the aim of identifying areas for improvement for sustainability.

 

The Cotton Association of India (CAI) has estimated exports for the season 2018-19 at 47 lakh bales which are lower by 22 lakh bales compared to the export of 69 lakh bales estimated last year. The CAI has estimated cotton crop for 2018-19 at 321 lakh bales of 170 kg each, which is lower by 7 lakh bales than its previous estimate of 328 lakh bales made during last month. The CAI reduced crop estimate for Gujarat by 1 lakh bales, Maharashtra by 80,000 bales, Telangana by 4 lakh bales, Andhra Pradesh by 1 lakh bales and Karnataka by 75,000 bales whereas there is marginal increase of 50,000 bales in Tamil Nadu and 5,000 bales in the State of Orissa.

The main reason for reduction in cotton crop during this year is the scarcity of water in some states and the fact that farmers uprooted their cotton plants in about 70-80 per cent area without waiting for 3rd and 4th pickings.

At the 14th edition of Prime Source Forum in Hong Kong, IAF President Han Bekke, stated the apparel supply chain is dramatically fragmented at the moment and needs more collaboration. IAF (International Apparel Federation) has taken the initiative to participate in projects with global reach and focus on industry development and harmonisation. In his address to the Forum, Bekke mentioned that the collaborative work with OECD, SLCP and ITMF has reduced audit and standard fatigue.

IAF is the only global network for the apparel industry with members in more than 60 countries around the globe. Its mission is to unite all stakeholders of the fashion and apparel industry including brands, retailers, manufacturers, suppliers and country associations from around the world to enable and promote smarter, stronger and more sustainable supply chains. This years 35th IAF World Fashion Convention will be held from November 12-13, 2019 in Lahore, Pakistan.

Rubana Huq, Managing Director, Mohammadi Group, and the first woman to head one of Bangladesh’s biggest garment associations, BGMEA plans to boost female leadership in the country. She looks to educate women workers to secure their futures and step up to mid-managerial levels in factories. She also plans to set up a gender-based leadership program that ensures more women are empowered to take on these roles.

In Bangladesh’s 4,500 RMG factories, women have traditionally had to negotiate with male managers over pay, workplace safety and respect on the job. Haq’s election comes at a time when Bangladesh’s Supreme Court is deciding whether to shut down Accord, a factory inspection mechanism set up by European fashion labels after the Rana Plaza factory collapsed in 2013, killing 1,100 people. Huq has urged manufacturers to strengthen their own monitoring mechanisms to help the government take over from the Bangladesh Accord - signed by about 200 major brands.

Wednesday, 10 April 2019 12:49

EU and China move toward trade agreement

The European Union and China will strengthen their trade relationship and work toward opening up China’s economy for foreign investors. On surrendering intellectual property to gain access to China’s market, both sides have agreed there should not be a forced transfer of technology. The EU and China have agreed to a joint study on improving the inter-connectedness of rail systems. Both have also stressed a shared commitment to a rules-based system.

The EU has grown increasingly concerned about Chinese state-led companies buying key European assets while the level of market openness is not reciprocated in China. Politicians and businesses in the EU and the United States have criticized China for forcing foreign companies to hand over intellectual property in order to gain access to China’s economy — which is the second largest in the world.

The EU is China’s biggest trading partner. China is the bloc’s second-biggest trading partner, coming in only after the US. The US seemed to be the protectionist elephant in the room throughout the EU’s negotiation process with the Chinese. The US, by virtue of its heavy tariffs, has more muscle and may yet extract more in the way of hard concessions from China than the EU, which has mainly won more in political commitments.

Wednesday, 10 April 2019 12:47

E-com facilitates global knitwear growth

Globally, there has been an increase in online sales of knitwear products. Knitwear products are a major segment of the fashion industry. The e-commerce fashion industry in the US and Europe is expected to expand at a CAGR of 8.8 per cent and 8.7 per cent between 2017 and 2022. The e-commerce fashion industry in China is expected to grow at a CAGR of 14.1 per cent between 2017 and 2022.

In terms of product type, knitwear is classified into innerwear, T-shirts and shirts, sweaters and jackets, sweatshirts and hoodies, shorts and trousers, evening dresses, suits and leggings, and accessories. Based on material type, the market is classified into natural, synthetic, and blended. On the basis of application, the market is segmented into outerwear, innerwear, sportswear and others. Based on consumer group, the market is segmented into men, women, and children.

Technology advances are expected to influence the expansion of the global knitwear market. The global knitwear industry ecosystem analysis includes a value chain analysis of the global knitwear industry including natural, blended, and synthetic fabric suppliers, textile companies spanning knitwear fabric and knitwear manufacturers, knitwear products distributors and export channels, and various retail outlets including department stores, specialty stores, discount chains, and mass merchandise chains.

Dubai’s textile industry is adopting innovative technology solutions. A manufacturing plant is being set up to make pellets from old clothes that are broken down into raw material. The plant will break down old clothes with polyester and cotton fiber through a recycling process to create PET pellets. These pellets are then used to manufacture new fabric that is then put back into the supply chain for a variety of uses including the fashion industry. The technology is already being used by high-end retailers such as H&M for whom a Japanese company is making clothing by dissolving polyester fiber from used clothing, purifying it and then turning it into a polyester resin that can be used again as raw material for polyester. Innovative technologies can be the answer to a greener footprint within the hydrocarbon dependent textile industry. The commercial benefits of the manufacturing process will save the textile industry millions of dollars every year as it weans its dependence away from the hydrocarbon industry.

In the UAE, textile industry is the country’s largest trading sector after oil. UAE’s textile exports cover more than 90 countries in Africa, the Middle East, South Asia and Europe.