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Uniqlo unveils eco-friendly prototype store with floral and coffee shops
Global fashion brand Uniqlo has launched its new prototype roadside store, the Uniqlo Maebashi Minami IC Store, in Japan.
The store is designed to appeal to customers while also incorporating a range of energy-saving features and lifestyle services. The company intends to use the store as a blueprint for future roadside stores.
The Maebashi store has been developed to reduce energy consumption and includes solar panels, skylights, glass facades and eaves to reduce the amount of energy used for lighting and air conditioning.
It also incorporates the Uniqlo FLOWER florist shop, Uniqlo COFFEE café, and RE.UNIQLO STUDIO, a repair, reuse, recycle and remake service.
By 2030, Uniqlo aims to reduce its greenhouse gas emissions by 90% compared to 2019 levels.
The new store is expected to use around 40% less electricity compared to conventional Uniqlo roadside stores.
Luxury sector to grow 5-10% in 2023, driven by momentum from China
China-based retailers are driving growth in the luxury fashion industry. The latest figures show that wholesale transaction volumes from China-based retailers were up 61% compared to last year, from 1 February to 16 March 2023, according to data from fashion industry wholesale management ecosystem Joor.
Joor's findings are supported by McKinsey's fashion forecasts, which predict that the luxury sector will grow by 5-10% in 2023, driven by strong momentum from China.
Sales to Chinese consumers globally are expected to grow by 25-35% in 2023, according to investment company Bernstein. Other global regions also saw healthy growth, with China-based retailers buying North America-based brands up 12% and APAC-based brands up 7% compared to last year.
The Chinese market is expected to be a growth engine for the luxury fashion industry this year, and Joor's exclusive data clearly illustrates this trend for the forthcoming AW23 season.
Reports from the latest international fashion weeks in Milan and Paris also documented an influx of Chinese buyers returning to international fashion presentations.
Chinese retailers have been flooding back to the fashion calendar since COVID-19 restrictions were lifted.
Joor facilitates both in-person/showroom ordering through its new Pro Retail App and online sales through its digital platform.
China's cotton subsidy ceiling creates market concerns
China has clarified the subsidy ceiling for cotton in Xinjiang at 5.1 million tons, leading to concerns over a decrease in cotton supply and its impact on the market.
The target price for Xinjiang cotton has remained at 18,600 yuan/mt since 2016, with the subsidy amount limited to 85% of the national average cotton production in the base period.
However, the latest statistics show that Xinjiang's cotton output for the 2022/23 cotton year may exceed the subsidy quantity, which could cause a decline in cotton production and lead to an increase in cotton futures prices.
Some cotton farmers may choose to plant other crop varieties, while spinning and weaving mills may need to import more cotton or turn to other fibres such as cellulose fibre.
The reduction in cotton subsidies may not exceed 500kt, and the market share for cellulose fibre may increase by just over 100kt. The impact of the subsidy reduction on the industry and the stability of demand for other fibres’ remain to be seen.
Global textile industry faces "Perfect Storm" amidst high costs and low demand: ITMF
The global textile industry has been experiencing a negative trend since June 2022, with a "perfect storm" scenario of high production costs and relatively low demand affecting companies across all segments, according to recent survey done by ITMF
This has resulted in a decrease in order intake, which has been steadily declining since November 2021, with weak demand cited as a major concern since July 2022. The industry has also been grappling with the issue of inflation, which remains a top concern worldwide.
However, there is some optimism among industry players, with expectations for the business climate in six months' time showing improvement since November 2022. It remains unclear whether this is due to a belief that the situation cannot get much worse or anticipation of a well-founded economic normalisation.
Despite these challenges, there are some positive signs for the industry, with order cancellations remaining relatively low and inventory levels stabilising. The 19th Global Textile Industry Survey (GTIS) found that 53% of respondents had no order cancellations during the last four months, with South America and spinners and weavers being particularly affected. Additionally, 58% of respondents rated inventory levels as average, with home textile producers reporting the highest levels of inventory.
As the industry looks towards the second half of 2023, there is hope that these positive signs will continue and lead to a brighter future. However, companies must remain vigilant and proactive in navigating the challenges they currently face.
Is growth projection in plus-size fashion in India for real?
The fashion industry in India is becoming more inclusive towards plus-size women, with a growing number of designers and brands launching plus-size clothing lines.
The change in attitude reflects growing public criticism of fat-shaming and has been aided by public naming and shaming of discriminatory practices by industry watchdogs.
The Indian market for plus-size clothing is estimated at $2 billion per year, and the plus-size segment is projected to reach $696.7 billion globally by 2027. However, some people argue that the newfound inclusivity is little more than tokenism.
Global textile industry set for upward growth trajectory with retail outlets and sustainable technologies
Valued at USD 1.7 trillion in 2022, the global textile industry is on an upward growth trajectory, with the rising footprint of retail outlets and supermarkets, according to a recent report from Grand View Research.
The industry is set to benefit from the adoption of data analytics, AI, IoT and 3D technologies, which have redefined clothing production and minimized waste.
The demand for low-cost clothing has prompted brands to inject funds into synthetic and sustainable garments, with temperature-sensitive clothes poised to be the next big thing to boost sustainability in the apparel sector. Additionally, there has been a paradigm shift in fashion production, with the demand for vegan leather and more ethical practices, including investing in cruelty-free, eco-friendly, and fur-free options.
The report highlights that the household textile market share will rise with surging consumer spending on renovation and furnishing, with retailers poised to inject funds into sustainable home décor.
The industry is expected to prioritize recyclable fabrics and sustainable packaging to bolster their environmental profile. The technical textile sector is also expected to see bullish investments with heightened demand for durability and strength from various industries.
Investments in bio-based polyester and fashion textiles are expected to grow in the European market, while the Asia Pacific textile industry is set to benefit from buoyant investments in garments and apparel across China, India, and Bangladesh.
Gap x Barbie collection set to take the fashion world by storm
Gap has partnered with Mattel to launch a new clothing line inspired by the iconic Barbie doll, ahead of the release of the new film "Barbie" in late May.
The Gap x Barbie collection will include an assortment of T-shirts, skirts, logo hoodies, denim, button-downs and accessories, as well as pet apparel, retailing from $24 to $69.
The collaboration is part of a series of collaborations that will also feature Hot Wheels, American Girl, Thomas & Friends, Masters of the Universe and others.
This marks one of Mattel’s largest softlines partnerships, which will be available on Gap's website and select stores globally.
Better Cotton's revised standards reflect farmer-centric approach
Better Cotton, the world's largest cotton sustainability initiative, has announced the revision of its Principles & Criteria (P&C) to drive continuous improvement and deliver sustainability impact at field-level.
The P&C define the organisation's approach to more sustainable cotton production, and farmers must comply with the requirements to attain a licence and sell their cotton as 'Better Cotton.'
More than two million farmers worldwide, from large to smallholder operations, currently hold a licence. The revised Principles cover Management, Natural Resources, Crop Protection, Fibre Quality, Decent Work, and Smallholder Livelihoods, as well as Gender Equality and Climate Change.
The revised standard will have a farmer-centric approach and serve as a more locally relevant standard that addresses the environmental, social, and economic matters most pertinent to cotton production today.
The P&C revisions will ensure the responsible use, conservation, and enhancement of natural resources and promote wellbeing in farming communities, supported by more robust requirements surrounding Decent Work and Gender Equality, in addition to the inclusion of a new principle: Smallholder Livelihoods.
Hong Kong brings host of creative, contemporary lifestyle tradeshows, along with Fashion InStyle and Home InStyle
The Hong Kong Trade Development Council (HKTDC) unveiled seven creative events yesterday covering fashion, lifestyle and licensing at the Hong Kong Convention and Exhibition Centre (HKCEC). The events are the Hong Kong Gifts & Premium Fair; Home InStyle; the Hong Kong International Home Textiles and Furnishings Fair; Fashion InStyle and the Hong Kong International Printing and Packaging Fair, as well as the Hong Kong International Licensing Show and Asian Licensing Conference.
These seven events have attracted more than 4,100 exhibitors from 23 countries and regions, covering gifts, home products, home textiles, fashion, printing and packaging solutions, licensing projects and more, while the Asian Licensing Conference has invited about 30 global industrial giants and insiders to share insights.
The events have recruited more than 200 buying missions from 50 countries and regions, including buyers from the mainland, Japan, Korea, Association of Southeast Asian countries, India, the Middle East, Germany, France and the United States to source in Hong Kong.
During a media tour, Sophia Chong, Deputy Executive Director HKTDC affirmed, “HKTDC has always been committed to promoting Hong Kong creative and design industry to the world through exhibitions, conferences and other activities. Seven major events are being held under one roof for the first time,providing a unique platformtocultivatenewpossibilities.We believe this will create greater synergies and will open up more business opportunities across industries and disciplines.”
“This year, the exhibitions featured about 70% non-local exhibitors and welcomed numerous provincial and municipal delegations from Mainland China – a testament to the return of international businessmen to Hong Kong,” she added.
Fashion InStyle and Home InStyle reflect the new repositioning of the shows
Speaking at overseas journalists breakfast meeting today morning Katherine Fang, Chairperson HK Garment Advisory Committee, Hong Fashion Week the earlier titled show has been repositioned and renamed as Fashion InStyle keeping in mind that fashion today spans into lifestyle space not just restricting itself to apparels. Fashion InStyle, the new identity truly represents what the exhibition and various forums have to actually offer. HKTDC has another show Centrestage which is held during September month will showcase brands and designers through many catwalks and fashion shows.
“The new positioning and new identity represent more inclusiveness of the show, as we introduce new fashion technologies and AiDLab forum in the show, broadening the concept of the show”, added Joe Leung, Associate Director, Marketing & Buyer Engagement, HKTDC.
Designer brands across lifestyle products showcase very creative works
As the cultural and creative industries flourish, the Cultural and Creative Corner zone debuts at the Gifts Fair and Home InStyle to showcase designer brands and products with cultural characteristics, unique and tasteful designs.
At Home InStyle, the Zhejiang Pavilion features handcrafted home-decor products from different provincial cities under the Zhejiang Ingenuity: Culture and Quality theme. Fashion InStyle has attracted about 500 exhibitors, including a debut Jiangxi Province pavilion where 25 exhibitors showcase fashion and accessories.
HK designers and brands showcase their creativity
The Hong Kong Houseware Fair has been renamed Home InStylewith the expectation of bringing more design and style-oriented products to buyers. The Hong Kong Industrial Designers Association (IDSHK) will join Home InStyle for the first time.
The HKTDC has been a staunch advocate for the development of local creative culture and protection of intellectual property, including ReMix, SHIBAINC, Falling Cyan, Malut Design and 8EGGS Studio – displaying the products of Hong Kong creative minds.
Technology leads to sustainable future
Fashion InStyle’s zone InnoFashion and Trade Services focuses on fashion technology and a variety of innovative fashion technologies, including the AiDLab of the Hong Kong Polytechnic University, which brings in world’s first designer-led AI system (AiDA) that facilitates designer’s inspiration and speeds up the whole ideation and design development process, improving the sustainability of the production chain. Demand for environment-friendly products continues to rise in global markets.
The AiDLab Summit debuted at Fashion InStyle with academic experts discussing artificial intelligence (AI) application in fashion design.
Retail's uncertain future: How e-commerce is reshaping the industry
Retailers and the global economy face an era of hope and uncertainty as countries strive to recover from the COVID-19 pandemic. Despite the efforts to return to "normal," it is unclear what the new normal will look like with customers accepting digital communication, remote services, and mobile technology at unprecedented levels.
McKinsey reports that retail had the highest rate of consumer digital adoption with online clothing purchases increasing by 40% and online grocery purchases up by 100%. With digital adoption at an all-time high, retailers must adapt to increasing prices, escalating inflation, and supply disruptions.
The trends that will shape the retail industry going forward include eCommerce, hybrid experiences, digitally aware millennials and Gen Z, customization, effortless customer experiences, and workforce empowerment.
Although brick-and-mortar sales are recovering, eCommerce remains a primary focus. Retailers are transforming their physical stores into a combination of fulfillment hubs for online orders and customer experience centers. Hybrid experiences combine digital and physical elements to create unique, memorable shopping experiences.
Younger customers are digitally aware, and they shop according to their values. Brands must show their commitment to social causes to gain their trust and loyalty. Ultra-personalization engages clients emotionally and increases brand loyalty.
Retailers must invest in a customer experience management platform that allows them to understand customer behavior and chart customer journeys. Retailers must adapt to these trends to succeed in the current scenario and beyond.
Companies must also rethink employee empowerment to boost headcount with creating healthier, happier workplaces.












