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In the quaint town of Aidenbach, nestled in the Passau district, Astrifa GmbH seamlessly blends centuries-old craftsmanship with modern digitalization in the production of its iconic traditional clothing. Specializing in knitted jackets, pullovers, hats, and scarves inspired by traditional costume styles, Astrifa's commitment to preserving heritage is evident, even in its ultra-modern production facilities.

Astrifa, founded in 1948, boasts a workforce of 70 employees who meticulously craft around 700 items weekly from the finest merino wool sourced from England. The company's reliance on STOLL machines, including the latest ADF and CMS series, signifies a harmonious marriage of tradition and technology. The partnership with STOLL, dating back to the company's inception, is attributed to the unwavering comprehensive support provided.

At the heart of Astrifa's innovative production lies CREATE PLUS, a software revolutionizing the programming of STOLL flat knitting machines. Werner Wohlfahrt, the knitting line manager, highlights the software's prowess in combining advanced programming capabilities with user-friendly interfaces. Despite not fully transitioning due to existing machinery, Wohlfahrt utilizes CREATE PLUS extensively on newer machines for pattern creation, emphasizing its success.

In an exclusive interview with Wolfram Geuppert of KARL MAYER STOLL Textilmaschinenfabrik GmbH, Wohlfahrt expresses optimism about CREATE PLUS's continuous development. He envisions an ongoing dialogue between the manufacturer and users, paving the way for further advancements in this symbiotic blend of tradition and digital innovation.

 

 

The Union government plans to double cotton production to 30 quintal per acre by shifting cotton cultivation from disease-infested fields to disease-free cultivatable and irrigated areas within Haryana, Rajasthan, Punjab, Maharashtra, and Telangana.

India’s cotton production declined to 31.6 million bales in 2023-24 from 33.6 million bales in 2022-23. Cotton production in the country has been on a decline in recent years, data from the Textile Ministry shows. 

From 37 million bales in 2017-18 production declined to 33.3 million bales in 2018-19.  After growing to 36.5 million bales in 2019-20, it again it slipped to 35.2 million bales in 2020-21 and 31.1 million in 2021-22.

In Haryana and Punjab, the area under cotton cultivation declined to 1 million bales in 2022-23 from 2.65 million bales in 2019-20. Similarly, cotton production in Punjab declined to 4.44 lakh bales in 2022-23 from 9.50 lakh bales in 2019-20. 

 

 

Cambodia’s exports of garments, footwear and light manufacturing products to the US declined by 0.89 per cent to $8,144 million during the first eleven months of 2023as  compared to the same period in 2022, a report from the Ministry of Commerce shows.

The country’s shipments to the US accounted for 38.25 per cent of the total export volume of $21,292 million in the January-November period. Cambodia exports products such as garments, footwear and light manufacturing products to the US with tariff under the Most Favored Nation (MFN) treatment.

The main products exported by the country to the US include apparel, clothing accessories, leather, travel goods, handbags, electrical machinery and equipment, and footwear. 

The country continues to be the biggest export market for Cambodia, says Hor Sereyvath, Chairman, Innovations and Development Investors Association.

The trade preferences for both GSP and MFN have boosted Cambodia’s exports to the US, adds Penn Sovicheat, Secretary of State, Ministry of Commerce.

 

 

Stella McCartney’s revenues surged by 23 per cent to over £40 million in FY’23 from £32.5 million in FY’22. Profit sharing with Stella McCartney Italia SRL amounted to £22.8 million, which comprised 57 per cent. The brand’s physical store sales rose by 18 per cent to £6.3 million.

The brand’s operating loss shrank to £8.76 million from £30.3 million as gross margin improved significantly and operating expenses shrank by 17 per cent. The brand’s pre-tax and net losses also reduced to £10 million compared to £32.7 million a year earlier.

During the year, the brand also renewed its long-standing collaboration with Adidas and launched a new skincare range in August. 

The business didn't open any new stores during the year, with the total number of directly operated locations remaining at just two. However, it focused on “like-for-like business and local initiatives besides upgrading online customer experience. 

 

 

Malls in Kolkata registered record footfalls in 2023. Sales in the year remained slightly tempered but surged above pre-pandemic levels of 2019.

Sales at the Acropolis mall broke all records to generate the highest revenue in 2023, said K Vijayan, General Manager. Footfalls increased by 15 per cent over last year while sales turnover surged y 20 per cent. 

This growth could be attributed to the growth of mall tourism, catalysed by various initiatives by mall operators to whip up excitement among children and youth, adds K Vijayan.

Footfalls at the twin City Centres remained 12 per cent-14 per cent higher than in 2022. But, these did not translate to higher revenues as footfalls at these malls are primarily driven by cine-goers who did not go shopping, observed Ramesh Pandey, Wholetime Director, Ambuja Neotia, the manager of City Centre malls at Salt Lake and New Town. 

The South City mall witnessed a surge in footfalls but a decline in revenues over the previous year, according Manmohan Bagree, Vice President, South City Mall. 

Footfalls and sales at Quest also declined by 10 per cent from last year’s figures. However, the mall is currently under renovation leaving sales at stores disrupted. The brand closed last year on a very strong note, says Sanjeev Mehta,Vice-President, Quest. 

 

 

The silver jubilee edition of Bangalore Fashion Week will be held from March 7 to 10, 2024 and present an array of local designers. An international edition of the runway show will also be held in London. 

The 25th edition of Bangalore Fashion Week will facilitate connections between fashion designers and trade buyers from both India and abroad. Focusing on premium designers in both the western and traditional wear segments, the event will present collections for the summer season. 

Scheduled to be held at The Oterra, he event will host runway shows, an experience zone, workshops, and seminars as well as after parties. The event will be organised by events management business Dream Merchants.

The 24th edition of the Bangalore Fashion Week was held in September 2023 in partnership with Wear Style at The Oterra. The runway show was produced by Dream Merchants. The event also taps foreign buyers with international editions in Bangkok, Thailand and Dubai.

 

 

Held from November 28-December 2, 2023, the BRICS+Fashion Summit 2023 allowed international designers to present their collections at professional fashion shows.

Giving a unique dimension to BRICS+Fashion Summit 2023, B2B Showroom and Fashion Intensive Course were held on 3,000 sq m in the Parking Gallery in Zaryadye Park. The World Fashion Shorts Festival was held at the Artplay Design Center (Multimedia Hall) and discussed the films demonstrated with experts.

The B2B showroom featured brands like Akhmadullina Dreams, Naushad Ali, Chapurin, Victoria Andreyanova, Loom by Rodina, Surovaya, BLCV, Gapanovich and many other renowned brands.

The Fashion Intensive Course was a special educational platform organised within the Summit. The course gave fashion students and emerging designers an opportunity to learn from 37 lecturers from esteemed universities and international fashion institutions from Brazil, China, India, Argentina, Russia, Colombia, Turkey, South Africa and Nigeria among others.

The World Fashion Shorts featured films from regions as diverse as South Africa, North America, Europe, Central and Southeast Asia to expand consumers’ understanding of fashion in a vast array of cultures.

 

 

Currently worth $70 million, the global denim jeans market is projected to grow to $114.6 million by 2030-end.

As per the 'Denim Jeans-Global Strategic Business Report' by ResearchAndMarkets, growth in the global denim jeans market will be driven by a surge in online sales that are expected to grow by 12 per cent CAGR during the analysis period.

On the other hand, the offline sales of denim jeans are projected to grow att 4.2 per cent CAGR and reach $77 million during the analysis period. 

Growth in global denim jeans market will be steered by China which will grow at 8.9 per cent CAGR to reach a value of $25.9 million by 2030. Japan and Canada are expected to grow by 3.4 per cent and 5.1 per cent, respectively, over the 2022-2030 period.

Growth in the Europe market will be dominated by Germany which will grow at 3.9 per cent CAGR approximately. Denim players will tap evolving consumer preferences by leveraging digital channels and driving innovation in the segment. 

 

 

Jemmy Kartiwa Sastraatmaja, General Chairman, Indonesian Textile Association (API), says, the recent issuance of the Minister of Trade Regulation No 36 of 2023 by Indonesia’s government  might trigger a huge influx of batik-patterned fabric from abroad, particularly China, affecting small-scale IKM batik craftsmen.

Introduced at a rather unfortunate times, the policy aims to regulate batik textile products imports for ministry agencies and general public, notes Mohammad Faisal, Executive Director, Center of Reform on Economics (CORE). To make it more effective, the government should focus on improving access to local products in the domestic markets, he adds.  

Nailul Huda, Director-Digital Economy, Center of Law and Economic Studies (CELIOS),  emphasises, the government should introduce stricter controls on batik and batik-patterned cloth imports, especially those from China, as they are impacting local producers.

The government needs to prioritise batik sourcing from local producers rather than foreign imports. It also needs to introduce new policies to help balance imports with domestic batik products, he adds. 

 

 

Myanmar’s export of CMP garments exceeded $3.1 billion value during the period of April 1-December, 2023, according to a report by the Ministry of Commerce. 

Myanmar exported CMP garments to 80 countries including Japan, Poland, Spain, Germany, South Korea, the United Kingdom, the Netherlands, Italy, the United States, France, Denmark and Belgium. 

In fiscal 2022-23, Myanmar’s earnings from CMP garment exports to over 100 countries reached $5.3 billion.

The Southeast Asian country's overall export earnings during the period reached over 10.13 billion dollars, according to the data.