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Monday, 09 October 2023 09:27

Dune London launches A/W’23 collection

 

Dune London, the London-born, globally worn brand, has launched its Autumn Winter ’23 collection, featuring a blend of trend-led and signature silhouettes. The collection features functional detailing, standout finishing touches, and bespoke elements, such as the interlocked DD branding, which features heavily in the AW23 range.

With a Blend of Trend-Led and Signature Silhouettes; This season's iconic premium profiles are crafted from the finest genuine leather and feature a fresh trim inspired by a nautical knot for a stylish touch. The collection also introduces a special edition vinyl collection with shimmering Aurora Borealis crystals, inspired by the Northern Light.

The new collection combines luxurious textures for standout style, with accessories featuring trend-led evening bags with diamante handles and Micro bags embracing style and versatility.

The new Men's range bridges the gap between casual and put-together with minimalist loafers, designed with a contrasting off white cup sole for a more modern and sportier look.

 

 

German textile care, fabric, and leather technology manufacturers saw sales increase 20% in real terms in the first eight months of 2023, with sales from Germany up 61% year-on-year and from abroad up 9%. However, new orders fell 17% short of the previous year's result in the same period, with orders from within Germany down 7% and orders from abroad down 20%.

German suppliers of laundry and dry-cleaning technology increased their exports by 2% to €239 million in the first seven months of 2023, with Poland, France, and the USA the most important export markets. German sewing and garment technology also saw exports rise by 3% to €247 million in the same period, with the most important customer markets being Italy, the USA, and France. 

Manufacturers of shoes and leather technology in Germany even recorded an increase of 19% to €37 million in the period January to July 2023, with the main customer countries being the USA, Mexico, and France.

Italian technology suppliers also reported growth in exports in all three sectors in 2022. Italian exports in the laundry and dry-cleaning technology sector increased by 2% to €442 million in 2022 and were primarily shipped to Turkey, Poland, and Bangladesh. 

Exports by Italian sewing and garment technology manufacturers also increased by 17% to €317 million in 2022. The main customer countries were Turkey, the USA, and Bangladesh. Italian shoes and leather technology suppliers increased their exports by 9% to €309 million in 2022, with the main customer countries being China, France, and Spain.

The mood among European textile care, fabric, and leather technology manufacturers is currently subdued, with the outlook uncertain, due to the tense geopolitical situation, ongoing labor shortage, and rising energy and primary product costs. 

However, the steady increase in customer demands for automation, digitization, and sustainability gives hope for a surge in investment and thus an improvement in the order situation.

 

 

Swiss textile manufacturer Schoeller Textil AG has unveiled its latest collection, FLEX SHIELD, focusing on the intersection of protection, comfort, and durability. In response to modern consumers' desire for products that balance functionality with comfort, the FLEX SHIELD collection offers a range of textiles designed to provide both protection and freedom of movement.

Antonio Gatti Balsarri, Chief Commercial Officer at Schoeller Textil AG, emphasized the collection's commitment to dynamic protection that allows unrestricted movement. Each item in the collection incorporates Schoeller's pioneering textile technologies, ensuring breathability, thermal regulation, wind, and water resistance. A standout technology is the schoeller ceraspaceTM, boasting remarkable abrasion resistance that outperforms high-quality leather.

Moreover, Schoeller's focus on intelligent textile technologies enhances fabric properties, prolonging the lifespan of high-quality textiles and contributing to environmental preservation.

The FLEX SHIELD Collection will debut at the A+A event in Duesseldorf from October 24-27, 2023. Schoeller's dedication to quality, innovation, and Swiss craftsmanship shines through in this latest release, catering to the evolving needs of the modern consumer.

 

 

The Global Textile Industry Survey (GTIS) by ITMF, conducted in September 2023, reveals a cautious sentiment prevailing in the global textile sector. The key news angle is the persistent struggle of companies across the textile value chain, grappling with mounting costs and sluggish demand. 

The business situation indicator paints a grim picture, standing at -27 percentage points, while business expectations have stagnated at around +20 pp since July, defying hopes of a boost from the Chinese economy.

Despite concerns about weakening demand, a global economic hard landing remains unlikely. Order intake briefly improved in May 2023 but plummeted in July and hit a new low in September (-28 pp), with the entire value chain operating on minimal orders. 

The report does offer a glimmer of hope as order backlog slightly increased to 2.2 months in September, but the overall capacity utilization rate remains low at 69%, with manufacturers expecting this trend to persist.

One persistent concern is the impact of high inflation rates driven by soaring energy and raw material prices. However, the survey indicates that order cancellations are not a significant issue, and inventory levels remain steady along the textile value chain.

 

 

The Textiles and Clothing (T&C) sector in Tamil Nadu, known as the backbone of the state's economy, is grappling with multiple challenges that threaten its stability and global competitiveness. With the industry contributing significantly to the state's economy, generating employment for over 60 lakh individuals, and contributing substantial foreign exchange earnings and GST revenue, the current scenario demands attention.

The global recession, exacerbated by factors like the Russia-Ukraine conflict, has led to a reduction in the purchasing power of international consumers, resulting in decreased export orders. Additionally, issues such as the shortage of quality cotton, high import duties on cotton, price volatility, and stringent Quality Control Orders have led textile manufacturers to scale down production, eroding global competitiveness.

As Tamil Nadu prepares to host the Tamil Nadu Global Investors Meet 2024, with aspirations to become a USD 1 trillion economy by 2030, it is imperative to strengthen policy initiatives. Other states have enticed textile investments with lucrative incentives, including capital subsidies and power subsidies, making the power-intensive sector competitive.

The textile industry, which was once a magnet for investments due to its power cost advantage, now faces an uncertain future. Unless the state government revisits policies, especially power tariffs, the survival of textile mills in Tamil Nadu remains in jeopardy.

Dr. S.K. Sundararaman, Chairman of The Southern India Mills' Association (SIMA), has appealed to Chief Minister M.K. Stalin to reconsider energy policies, including annual banking facilities for older windmills and network charges for rooftop solar panels. These measures are critical to sustaining the industry's competitiveness amidst a challenging environment.

 

The ITMF's Global Textile Industry Survey (GTIS) conducted in mid-September 2023 found that survey participants exhibited a cautious sentiment regarding the current business situation. The indicator for the business situation stood at -27 percentage points (pp), as companies in the entire textile value chain were struggling with rising costs and weak demand. Business expectations have remained unchanged since July at around +20 pp.

Order intake recovered in May 2023, but flattened in July and remained very weak in September (-28 pp). The entire textile value chain is running on minimum levels of orders. As long as brands and retailers do not increase orders, the entire value chain will continue struggling. Order backlog slightly increased globally, from 1.9 months in July to 2.2 months in September 2023. This indicator had been on a falling trend since the end of 2021. 

The average capacity utilisation rate dropped again globally (69%). Textile manufacturers expect this rate to remain low in six months’ time as well.

Weakening demand has been the major concern in the global textile value chain for a year. In September 2023, this concern grew even stronger due to high inflation rates measured in the last few months, a phenomenon fueled by high energy and high raw material prices. Nevertheless, participants seem not to be concerned by order cancelations and inventory levels remain average along the textile value chain.

 

 

Apparel Group, a leading fashion conglomerate, has partnered with Forever New, a renowned global womenswear brand, to launch the brand in the Middle East.

The partnership will see the opening of three flagship stores in Kuwait and the launch of an online presence on 6thStreet.com in the UAE.

Forever New is known for its contemporary elegance and style, offering women timeless fashion pieces that blend seasonal trends with feminine silhouettes and distinctive detailing.

Neeraj Teckchandani, CEO of Apparel Group, commented on the partnership, saying that the company is excited to bring Forever New's unique aesthetic and quality collections to the fashion-savvy consumers of Kuwait and the UAE.

He added that the collaboration is a testament to Apparel Group's ongoing commitment to elevating the fashion landscape in the region and providing unparalleled shopping experiences.

Dipendra Goenka, CEO of Forever New, said that the company is proud to partner with Apparel Group to further expand its presence in the Middle East.

 

 

Better Cotton, the world's largest cotton sustainability initiative, and Cotton Egypt Association (CEA), the organisation responsible for promoting and protecting Egyptian cotton worldwide, have renewed their strategic partnership to further enhance the yields and sustainability credentials of Egyptian cotton while ensuring fair working conditions for farmers and workers.

Enhance Sustainability of Egyptian Cotton

The event was an important opportunity for dialogue between Better Cotton producers, supply chain actors, and key stakeholders from the British retail industry. It is anticipated that the event will result in increased demand for more sustainably produced Egyptian cotton.

Khaled Schuman, Executive Director of CEA, said that the event was a celebration of years of dedication, collaboration, and hard work that has led to the success of the two organizations in driving the sustainability of Egyptian cotton. He added that the great interest shown by retailers and the support from all stakeholders in attendance will pave the way for more success, more production of Egyptian sustainable cotton with Better Cotton's standards, and more uptake from retailers.

Key Takeaways:

Better Cotton and CEA have renewed their strategic partnership to further enhance the yields and sustainability credentials of Egyptian cotton.

The two organizations aim to ensure fair working conditions for farmers and workers.

The event was an important opportunity for dialogue between Better Cotton producers, supply chain actors, and key stakeholders from the British retail industry.

It is anticipated that the event will result in increased demand for more sustainably produced Egyptian cotton.

 

Saturday, 07 October 2023 05:21

Levi's Celebrated for Branding Excellence

 

Levi’s, the iconic brand that epitomizes classic American style and effortless cool, has achieved a remarkable milestone by winning the prestigious Superbrands status. Alongside nine other exceptional brands, Levi’s was honored at a grand ceremony held at the Intercontinental Hotel, Dubai Festival City on the 28th of September.

The Superbrands organization, globally recognized as an independent authority and arbiter of branding excellence, celebrates outstanding brands and promotes the discipline of branding. This accolade serves as a testament to Levi’s relentless commitment to quality, innovation, and customer satisfaction.

Neeraj Teckchandani, CEO of Apparel Group, expressed his strategic perspective on this recognition, emphasizing that receiving the prestigious award is both an honor and a validation of their commitment to excellence and innovation. The award underscores their unwavering dedication to delivering unparalleled quality and value, reflecting the strength and resilience of their brand portfolio. Neeraj Teckchandani also praised the dedicated team whose consistent efforts enhance the brand’s reputation and strategically position them for continued growth in the competitive global market.

Levi’s exceptional ability to thrive in the competitive market reinforces its status as a leading brand in the global fashion and lifestyle industry. The award highlights Levi’s unique resonance with consumers, offering distinctive products and experiences that stand out in the marketplace.

Furthermore, this recognition underscores Apparel Group’s exceptional talent for nurturing and growing brands in a fiercely competitive market, further solidifying their position on the global stage.

 

Friday, 06 October 2023 09:30

Forest Essentials' Commitment to Excellence

 

Recognition for branding brilliance

Along with other 9 brands, Forest Essentials received this recognition at a grand ceremony held on the 28th at the Intercontinental Hotel, Dubai Festival City.

Significance of the Superbrands Award

The Superbrands organization, renowned globally as an independent authority and arbiter of branding brilliance, is dedicated to honoring exceptional brands and fostering the discipline of branding. The accolade is a testament to the relentless pursuit of quality, innovation, and customer satisfaction that each of the winning brands epitomizes.

CEO Neeraj Teckchandani's Perspective

In his strategic perspective on the recognition, Apparel Group CEO Neeraj Teckchandani stated, "Receiving this prestigious Award is both an honor and a valuable affirmation of our strategic commitment to excellence and innovation. This recognition underscores our relentless pursuit of delivering unparalleled quality and value, reflecting the strength and resilience of our brand portfolio. I am immensely proud of our dedicated team, whose consistent efforts enhance our brand's reputation and strategically position us for continued growth and success in the competitive global market."

Forest Essentials' Commitment to Excellence

This award bear witness to Forest Essentials’ exceptional ability to grow and exceed in the competitive market, reinforcing its status as a leading brand in the global fashion and lifestyle industry. The award demonstrates Forest Essentials’ unique ability to resonate with consumers, offering products and experiences that stand out in the marketplace.

Apparel Group's Expertise in Nurturing Brands

This recognition capitalizes on Apparel Group's exceptional ability to nurture and grow brands in the competitive market, further solidifying their position in the global market.