gateway

FW

FW

Thursday, 20 October 2022 08:13

Albania September exports up 16 per cent

  

Albania’s exports in September 2022 were up by 16 per cent year on year.

The biggest contributor to the annual rise in exports was the textiles and footwear sector. Exports from Albania’s large textiles and footwear sector grew strongly, pushing up total exports by 5.8 percentage points.

Albania’s strength in this area dates back to the communist era, when textile production and garment manufacturing was one of the most important sectors of the economy. It developed later thanks to Albania’s low costs and its proximity to Italy, one of the world’s fashion capitals. However, the sector was badly hit by the pandemic and is only now recovering.This also contributed to the 16 per cent year on year increase in exports to Italy.Typically, clothes and shoes are exported almost complete from Albania to Italy, where Italian workers add the final touches and packaging, allowing the products to go out to the shops with the prestigious Made in Italy label.

Another major contributor to the overall increase in exports was mineral, fuels and electricity, which added 5.2 percentage points followed by machinery, equipment and spare parts (three percentage points).However, exports in some segments decreased, with a fall in exports of construction materials and metals dragging down total growth by 1.3 percentage points.

  

Nohltaced is the indication of reverse of Decathlon. The brand is promoting reverse shopping in Belgium. As a buyback, customers can resell old or unused sporting goods to Decathlon, for repair and resell under warranty.

Already, Decathlon has purchased back 26,000 items during a test phase earlier this year. The goal of this campaign is to reuse as much equipment as possible by reducing its environmental impact.

The brand feels the classic consumption pattern has to change and involve buying fewer new products and reselling, repairing or renting older material.The French sporting goods retailer is present in 69 countries around the world including the United States, Algeria, Vietnam, Malta, Japan, South Korea and Ukraine, and the target is to reduce by 2026 carbon dioxide emissions per product sold by 40 per cent for all its sports categories. Decathlon wants to achieve these targets by a number of sustainable strategies, including using 100 per cent renewable electricity by 2026 in its stores and warehouses.

In addition, all of Decathlon’s new products will be eco-designed and Decathlon is also striving towards using just one per cent air freight for its transportation needs and reducing the impact of other means of transport, such as through maritime or road. The aim is to grow sustainably and make sure everyone can play sports in an environmentally conscious way.

Thursday, 20 October 2022 17:35

GoodWeave adds to board

  

GoodWeave has added Siddharth Kara and Jacqueline Joudo Larsen to its board of directors.

This is part of the organization’s ongoing effort to ensure a balanced and diverse group of stakeholders participate in decision-making forums that influence GoodWeave’s work.

Kara is a leading researcher and activist on modern slavery and child labor, and the author of several books. Joudo Larsen is deputy director and head of global research at Walk Free, an international human rights organization working to end modern slavery, and a co-author of several editions of the Global Slavery Index.They are expected to help GoodWeave strengthen its impact on human rights, gender equality and wages, among other pressing issues.

GoodWeave, a nonprofit founded in 1994, works at stopping child labor in global supply chains through a market-based system and holistic approach. GoodWeave partners with companies and local producer communities to bring visibility to hidden supply chains, protect workers’ rights, provide assurance that no child, forced or bonded labor has been used in the making of carpet, home textile and apparel products. The GoodWeave certification label can be found on rug and home textile products. Standards Committee members represent a cross section of stakeholders including nonprofit and nongovernmental organizations and industry representatives.

Thursday, 20 October 2022 17:31

Fabrics dominate Chinese textile H1 exports

  

Fabrics constituted 78 per cent of the total textile exports of China during the first half of 2022.

China is the world’s largest textile exporter. Numerous small garment-exporting countries are dependent on China for upstream products.China prefers exporting value-added products. The country’s yarn exports in the relevant period were 17 per cent of its total textile exports. And its fiber exports were a mere 4.03 per cent of its total textile exports. China’s exports of manmade textile products in the first half of 2022 were 64 per cent of its total textile exports.

This shows the dominance of China in the manmade textile industry. Manmade textiles mainly comprise polyester, viscose, and acrylic products.China’s cotton textiles exports were 21 per cent in the period under review. Exports of textiles made from wool and animal hair were two per cent, silk one per cent, flax 0.82 per cent, true hemp 0.01 per cent and others at nine per cent.

China’s garment and accessory exports during January 2022 to August 2022 grew by 11 per cent. In the same period the country’s textile exports grew by ten per cent.

The EU countries, the US, Japan and Asean countries are still the major destinations for China’s textile and apparel exports.

Thursday, 20 October 2022 17:26

Indian cotton output may rise 12 per cent

  

India’s cotton production in the 2022/2023 season is likely to be up 12 per cent from a year ago.

One reason is that farmers have expanded the crop area. The rise in output in the world’s biggest producer of cotton could weigh on global prices that have corrected sharply after rising earlier this year to their highest in a decade.

The cotton crop area has increased by around ten per cent. India started the new season with carry forward stocks of 3.19 million bales, down from last year's 7.18 million bales. The country’s cotton consumption, which was affected by lower stocks and higher prices, could improve to 32 million bales in the new season from 31.8 million bales a year ago. Exports could fall to 3.5 million bales in the new season from 4.3 million bales a year ago.

India faces challenges in cotton yields though perhectare yields are likely to rise this year. While the yield in India is at 460 kg per hectare, it is at about 1,850 kg per hectare in China, Brazil and Turkey. Initiatives under consideration in India include promoting high density planting, drip irrigation, rainwater harvesting, inter-cropping.

Globally, farmers are working on artificial intelligence-based technology to improve productivity and spraying operations since the cotton crop is more sensitive to pest attacks.

Thursday, 20 October 2022 17:06

Inditex may quit Russia, Zara to be renamed

  

Inditex may leave Russia and hand over its Russian assets to partners in some other country.

So Massimo Dutti, Oysho and Zara Home will leave the Russian market altogether, while the rest of the brands, including Zara, will open under new names and with new collections no earlier than spring 2023.

Days after the war began, Inditex decided to close its 502 shops in Russia, its second largest market after Spain, with more than 9,000 employees, and to suspend online sales in the country as a result of the Russian invasion of Ukraine. Of the 502 stores, 86 were Zara shops.Russia accounts for around eight per cent of the group's global net operating income.

In the first half of 2022 Inditex’s sales rose by 24 per cent. Store and online sales were up 11 percent year-on-year.Profits were up 41 percent and gross margin was up 57 percent, marking the strongest first half in seven years. Inditex has a nunique fashion proposition, an increasingly optimized shopping experience for customers and a focus on sustainability. In the face of possible supply chain tensions entering into the second half of the year, Inditex accelerated the current-season inventory flow.

Thursday, 20 October 2022 16:57

Lanka September exports up 4%, outlook grim

  

Sri Lanka’s apparel exports in September 2022 were up by four per cent compared to September 2021.

This year on year growth was the lowest in six months. Prior to September, apparel exports had grown year on year by a high of 39 per cent (June) and a low of 19 per cent (August). In March export growth was flat.

Exports to the US in September 2022 were down by four per cent while shipments to the EU were up by 15 per cent. Exports to the UK were up three per cent and other markets up 13 per cent. Apparel exports in the first nine months of 2022 were up 18 per cent year on year.

Despite impressive exports so far in 2022 the industry envisages a 30 per cent decline in the remainder of the year. This is because the economic downturn is impacting future orders from the US and EU while the war in Ukraine has pushed up logistics and energy costs. The US, EU and the UK comprise about 86 per cent of Sri Lanka’s total apparel exports.

For the period of January 2022 to August 2022, merchandise exports increased by 12 per cent. Apparel and textile exports increased by 19 per cent.

Thursday, 20 October 2022 16:48

Lenzing partners with European consortium

  

Lenzing is a member of Cisutac. Cisutac (Circular and Sustainable Textile and Clothing) is a project co-funded by the EU that was established to support the transition to a circular and sustainable textile sector.

The aim of the consortium is to prevent, identify and eliminate barriers to the circularity of the clothing chain. Cisutac aims at removing current bottlenecks in order to enhance textile circularity in Europe. Its goal is to minimize the sector’s total environmental impact by developing sustainable, novel and inclusive large-scale European value chains.

Lenzing is reinforcing its commitment to circularity by becoming a partner with Cisutac and is focusing on the development of recycling processes for cellulose fibers in line with its own corporate strategy.As a pioneer of circularity, Lenzing is making crucial progress in this field thanks to its expertise.

Lenzing provides specialty fibers for the textile and nonwoven industries. Change is urgently required in the textile and clothing industry as it is one of the most harmful sectors to the environment, generating 40 million tonnes of waste every year.In recent years, Lenzing has set itself the target of actively promoting circularity, reducing the consumption of resources, avoiding environmental pollution and waste, increasing value creation and resource efficiency, and mitigating the negative social impact on people.

Thursday, 20 October 2022 16:42

Pakistan quarterly textile exports up 3%

  

Pakistan’s exports of textile goods increased by three percent during the first quarter of the current fiscal year.

Among the textile products, exports of cotton cloth grew by four percent while exports of knit wear increased by 15 percent. Exports of tents, canvas and tarpaulin increased by 40 per cent, readymade garments by five percent, art, silk and synthetic textiles by 0.35 percent. Exports of cotton (carded or combed) declined by 85 percent, yarn (other than cotton yarn) by four percent, bedwear by two percent, towels by one percent, made-up articles (excluding towels, bedwear) by eight percent, while exports of all other textile materials went down by one percent. Textile goods’ exports increased by two percent in September 2022 against exports in September 2021.Textile goods’ exports however declined by three percent in September 2022 when compared to exports in July 2022.

The overall trade deficit fell by 21 percent with a considerable decline in imports and an upward trend in exports during the first quarter of the current fiscal year as compared to the corresponding period of last year. Exports during July to September grew by one percent.

Thursday, 20 October 2022 16:34

Workwear uses Discover PLM

  

Workwear Outfitters has partnered with Discover e-Solutions. Workwear will use Discover’s Product Lifecycle Management software for streamlining and centralizing its lifecycle management and managing its large and complex product assortments across apparel, footwear, and accessories.

Workwear needed a single solution, and chose Discover’s PLM for its flexible blend of features ideal to remove process silos and centrally manage all of its product development. Agile configuration, in-depth line planning, advanced costing, and similar company purposes are standout reasons why Workwear chose Discover e-Solutions as its enterprise PLM partner. And Discover is proud of the new partnership with Workwear Outfitters and looks forward to supporting the brand’s ongoing technology improvements.

Workwear Outfitters, based in the US, is a supplier of innovative and authentic work apparel and footwear. The company employs more than 5,800 people in facilities spanning the globe.

Discover e-Solutions, founded in 2002, and having locations in the United States and Turkey, is a market leader in digital transformation solutions including integrated end-to-end PLM software for the fashion, apparel, textile, footwear, and retail sectors. It offers a widerange of critical tools for today’s progressive and sustainability focused companies.Modular design provides flexibility and scalability to leverage digital technologies from SMB to enterprise level businesses.