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Mango launches new sustainable fashion brand Alter Made
Spanish fashion retailer Mango has launched a new sustainable fashion brand called Alter Made.
As per Apparel Resources, the new brand will offer the best of durable and timeless high-quality pieces with sustainable characteristics. Mango plans to use a short-run production strategy to reduce its material surplus.
The key is also to focus on promoting ‘local production’. Importantly, apparels for the brand will be made in Europe and Turkey, while the suppliers will be picked based on expertise and traceability control.
Also, fabrics and raw materials will be examined according to certifications of sustainability and quality.
The brand will be available online in some select European countries from November 2021.
The worldwide fiber market to reach $1.7 billion by 2028
Growing at a CAGR of 15.1 per cent from 2021 to 2028, the worldwide abaca fiber marketis expected to reach $1.7 billion by the end of the forecast period. As per a Textile Focus report, growth in the market would be promoted by the adoption of natural fibers as a substitute for harmful synthetic fibers and metals in many sectors.
During the projection period, the paper and pulp sector will emerge as the most important application category. The major target markets will be Japan, the United States, and European nations. Due to growing demand for non-wood fibers as raw materials for specialty paper applications, the pulp and paper product category will account for the biggest revenue share of $347.3 million in 2020. Due to strong demand for items like as ropes, currency notes, automobiles, and food packaging, Asia Pacific dominated in terms of income. The revenue share of the fiber craft product sector is anticipated to rise at a CAGR of 11.8 percent over the forecast period.
Global Fashion Agenda adds Ralph Lauren as a strategic partner
Leading non-profit for industry collaboration on sustainability in fashion, Global Fashion Agency has announced that incorporation of Ralph Lauren Corporation as its strategic partners. Through this partnership Ralph Lauren aims to help lead the fashion industry’s journey toward a more sustainable future through bold action on sustainability and will play an active role in developing Global Fashion Agenda’s thought leadership platform – including the Fashion CEO Agenda. Global Fashion Agenda’s circle of hand-picked industry leaders also includes: ASOS, BESTSELLER, H&M Group, Kering, Fung Group, Nike, PVH Corp., Sustainable Apparel Coalition, and Target.
. Throughout its history, Ralph Lauren has prioritized sustainability in fashion, most recent innovative steps include developing Color on Demand, a revolutionary platform that aims to transform how the fashion industry dyes cotton, introducing a circularity strategy and increasing transparency across social and environmental impacts. Most recently, the company integrated key ESG metrics into its executive remuneration and its ambitious goal to achieve net zero global greenhouse gas (GHG) emissions from its operations and its value chain by 2040.
Cambodia raises workers’ wages
Leading apparel exporter Cambodia has raised the minimum monthly wage for workers in its key textiles and footwear industry by $2 to $194. As per Apparel Resources, the new wage will be effective from January 2022.
Currently worth $7 billion, the country’s garment industry, is Cambodia’s largest employer, with renowned brands and retailers like H&M, adidas, Nike and Gap sourcing from the country.
As per reports, the factory wages have long been a tricky balancing act for Cambodia’s Government – to keep costs competitive for investors and brands while satisfying influential unions representing 7,00,000 workers, which have held strikes in previous years.
Kaing Monika, Deputy Secretary General, Garment Manufacturers Association of Cambodia (GMAC), says the raise could be problematic with operating costs also expected to rise. Even a $2 increase would have a negative impact.
Employers would spend more on pension and healthcare contributions and workplace measures to counter COVID-19, including up to $4 monthly per head on tests, adds Monika
PavSina, President, Collective Union Movement of Workers, says,the new wage announced by the labour ministry would be a struggle to live on. He requested all stakeholders, the employers and the Government to consider the possibilities of adding more to the workers’ wage.
Egypt’s annual apparel trade surpasses EGP 300 billion
According to Mohamed Abdel Salem, Chairperson, Federation of Egyptian Industries’ Ready-Made Garments Chamber, the country’s apparel trade now surpasses EGP 300 billion per year as imports have dropped due to Decree No. 42, which required importers to register with the General Organization for Export and Import Control (GOEIC). In addition, the Ready-Made Garment Chamber and Gahez Digital Marketing recently inked a collaboration pact.
Salem says, these factors aided local businesses to improve their products and produce high-quality clothes to meet market demands. The Federation of Egyptian Industries (FEI) is one of the country’s largest employers’ associations, with 20 industrial chambers as members, representing over 60,000 industrial enterprises, with over 90 per cent of them belonging to the private sector, which employs over 7 million people and accounts for 20 per cent of the country’s GDP.
2021 World Cotton Day to focus on fiber’s positive impact
The 2021 edition of the World Cotton Day will be on the theme ‘Cotton for Good’. It will celebrate the fiber enduring positive impact. The event will feature a virtual seminar with notable speakers such as Bert Jacobs, CEO and Co-Founder, Life is Good, and Maxine Bédat, Director, New Standard Institute. Other global industry experts include Cotton Council International, Viterra India, International Cotton Advisory Committee, Better Cotton Initiative and African Cotton Foundation.
Organized by the International Cotton Advisory Committee (ICAC), the webinar will focus on keynote topics such as responsible fashion, sustainability and the importance of cotton in countries around the world. Attendees will learn about the US Cotton Trust Protocol®, which aligns with the U.N. Sustainable Development Goals to bring quantifiable and verifiable goals and measurement to sustainable cotton production.
The United Nations celebrates October 7, each year as World Cotton Day. On this day, stakeholders from the global cotton community come together to speak on the benefits of cotton. Formed in 1939, the ICAC is an association of cotton producing, consuming and trading countries. It acts as a catalyst for change by helping member countries maintain a healthy world cotton economy; provides transparency to the world cotton market by serving as a clearinghouse for technical information on cotton production; and serves as a forum for discussing cotton issues of international significance.
SVP Global Ventures to set up technical textiles facility in Rajasthan
Cotton yarn manufacturer, SVP Global Ventures plans to set up a 4,375 mt per annum Greenfield facility for technical textiles in Rajasthan. To be set up with an investment of Rs 100 crore, the facility will make significant contribution to the group’s topline and margins. It will courage the group’s revenues of approximately Rs 175 crores per year from the technical textiles, says OP Gulia, CEO, SVP Global.
SVP will manufacture protective uniforms, functional garments, medical textile, mobiltech, hometech, anti-odour and antibacterial knitted fabric for sports, medical and cosmetic uses in apparel in the facility. Expansion will complement the company’s core business and the plant is expected to start commercial operations in 12 to 15 months, adds Chirag Pittie, Director, SVP Global. SVP Group has also commenced commercial operations at its textile plant in Oman. The textile brand invested $150 million in this expansion. For Q1 of FY22, the company reported a growth of over 300 per cent Y-o-Y with net sales of Rs 412 crore.
Cotton futures unlikely to surpass $2 levels of 2011
While the recent surge in cotton futures past $1 a pound for the first time in decade is psychologically significant, the rally likely won’t surpass the $2 level reached in 2011, says Louis Rose, Director-Research, Rose Commodity Group. Adverse weather and shipping snags led to cotton futures racing past $1 a pound for the first time in nearly a decade, driving up costs for clothing around the world. In New York, the contract for December delivery climbed as much as 3.6 per cent to $1.0155 a pound, the highest since November 2011. Price has surged 28 per cent this year. Gains are being intensified by traders rushing to cover short positions.
With cotton projected to see a second year of global supply deficits, traders are focusing on an updated figure for the shortfall due this week from researcher Cotlook. The fundamentals aren’t in place for a doubling in cotton prices, adds John Robinson, Economist, Texas A&M’s AgriLife Extension in College Station. While supply chain disruptions are hurting cotton, US production fears are overhyped, he adds.
Fila to launch eco-friendly shoes range
Seoul-based global apparel brand Fila plans to launch a new range of eco-friendly shoes made with recycled materials. Called ‘Earth Touch’, the new range is made by applying various environmentally-friendly products such as recycled cork and biodegradable waterproof paper. Some models use up to 85 per cent recycled materials for synthetic leather that covers the upper part. Packaging materials such as shoe boxes and product tags use 100 percent recycled paper.
Kakao Commerce, the e-commerce wing of South Korea's web service company Kakao, announced in June 2021 that the company would replace vinyl and plastics used in the packaging and delivery of character goods with eco-friendly paper by July. Bottled water companies are also releasing label-free polyethylene terephthalate (PET) bottles for easy recycling so that consumers do not have to remove labels made of a thin sheet of plastic.
Shutdowns in industrial provinces to boost China’s textile and garment prices
The planned shutdowns in industrial provinces of Jiangsu, Zhejiang and Guangdong are likely to boost China’s textiles and garments’ prices 30 to 40 per cent in the coming weeks. The shutdowns will range from 40-60 per cent, and continue till December 2021, as the Chinese government plans to curb emissions ahead of the Winter Olympics scheduled for February 4 to 22, 2022, in Beijing.
Another reason for planned power blackouts is the extremely tight supply globally, as the boost in demand after lifting of COVID-19 induced lockdowns is seeing an economic rebound the world over. However, in case of China, there is a short supply of coal from Australia on account of its strained relations with that country.
China is a major supplier of several products, including textiles and apparel, to countries across the world. Hence, the continuing power crisis would result in shortage of those products, disrupting global supply chains. On the domestic front, China’s GDP growth rate may falter to around 6 per cent in the second half of 2021, after growing at over 12 per cent in the first half.












