Italian manufacturer of knitted fabrics for apparel, underwear and sports, Innova Fabricshas incorporated Roica™ by Asahi Kasei, the Japanese leader of premium stretch fiber, in its new responsible line RF (Residual Free).

Roica ™ V550, part of the Roica Eco-Smart™ family, is the premium, sustainable stretch yarn that degrades without releasing harmful substances into the environment, according to the Hohenstein's environmental certification. Roica V550 also carries the Gold Level Material Health certificate from the Cradle-to-Cradle Product Innovation Institute, which evaluated the yarn's impact on human and environmental health.

The strong relationship established between Innova Fabrics and Roica™ by Asahi Kasei is a long-standing one: from the very beginning, the textile company chose Roica as its main reference for premium stretch, using RoicaColour Perfect™ in most of its articles.

Pakistan’s textile and garment exports grew by 25.43 per cent Y-o-Y in value to $14.242 bilionin the first nine months of fiscal 2021-22, as per the data from Pakistan Bureau of Statistics.

Knitwear exports by the country surged by 34.12 per cent Y-o-Y to $3.729 billion during the nine-month period, while exports of non-knit readymade garments increased by 26.24 per cent to $2.863 billion.

Bedwear exports increased by 19.33 per cent to $2.448 billion during the nine-month period

Pakistan’s cotton yarn exports increased by 25.97 per cent to $908.487 million in July-March 2021-22, as against exports of $721.216 million made during the corresponding period of 2020-21. Exports of cotton fabric also rose by 26.51 per cent and were valued at $1.795 billion during the period under review.

On the other hand, synthetic fibre imports surged by 27.51 per cent year-on-year to $562.281 million, while imports of synthetic and artificial silk yarn rose 30.10 per cent to $650.219 million during July-March 2021-22.

Industrial Fabrics Association International (IFAI) has included Upholstery & Trim International Council (UTIC) and its members into the association. The association comprises manufacturers and distributors of fabrics and accessories for applications in the automotive, marine, industrial and contract markets.

According to Brian Joyner, Chairman, UTIC, the council aims to protect and advance the interests of businesses providing aftermarket products and services to all their markets. UTIC educates, informs, serves, and provides networking opportunities for companies that manufacture or distribute interior and exterior fabrics, associated hardware and other specialty products.

UTIC’s annual convention focuses on building relationships between the premier trim wholesalers and exhibitors in the auto industry. This year’s UTIC Convention is scheduled for November at the Westgate Las Vegas Resort and Casino.

Footwear has been excluded from the 1,157 products included in the India-UAE Comprehensive Economic Partnership Agreement (CEPA), finalized on May 1.

According to FAQs prepared by the Commerce Ministry on the pact, the CEPA is likely to benefit about $26 billion worth of Indian products subjected to 5 per cent import duty by the United Arab Emirates.

The pact has also stringent product-specific rules of origin that reflect the requirement for substantial processing. The certificate of origin, a key document required to avail the duty benefits under the pact, will be issued by the UAE ministry of economy to prevent circumvention of the rules of origin criteria.

The agreement has built-in protection to ensure that no third country product enters Indian market through the UAE and benefit from concessional tariffs without being substantially transformed, the FAQ document added.

The agreement is operationalized and implemented through a joint committee, which would meet biennially to review the agreement to consider additional measures to further enhance the pact.

Denim is still a favorite amongst shoppers despite the recent rise in demand for loungewear, shows recent data by size and fit platform True FitThe data was culled from over 90 million active registered consumers while shopping across the platform’s network of retail partners between December 2020 and December 2021.

The survey report names, Bode quality, the omnichannel shopping experience launched by Old Navy in August 2021 as consumers’ favorite-fitting brand overall and consumers’ favorite-fitting brand in the U.S.

Bode quality provides consumers a more inclusive shopping experience online and in stores. The merchandising strategy is carried into Old Navy’s website, which has aimed for “less size segmentation to give fluid buying journeys to all shoppers, whichever size they wish to buy.”

True Fit stated that the retailer’s inclusive women’s size range (0-30 and XS-4X) arrives as demand for plus-size fashion rises in the U.S.

Old Navy’s new FitsYou 3-in-1 denim also addresses fit and size fluctuation, which has become a hotter topic as consumers order more online and update their closets to fit their post-pandemic bodies. The high-rise skinny jean is offered in sizes 0-00, 2-6, 8-12, 14-18, 20-24 and 26-30. Additional features include a contoured extra-high-rise waistband and “secret-smooth” front pockets that provide a slimming effect.

American Eagle, which did $2 billion in Q4 denim sales, ranked No. 3 in the U.S. Recent collections centered on loose fits, comfort stretch and authentic washes have drawn attention from older audiences outside of their comfort zone with a teen specialty retailer.

Adidas AG and Foot Locker have expanded their partnership.

In a joint announcement released by the Herzogenaurach, Germany-based athletic brand and the U.S.-headquartered retail chain, the companies attributed product innovation, elevated experiences and deeper consumer connectivity as the impetus for the enhanced partnership. According to the new agreement betweenthe two companies Foot Locker will be the lead partner for Adidas in basketball. It will also include “hype launches” and the development of key franchises in women’s and children’s, as well as apparel among other initiatives.

Spanning all Foot Locker banners in North America as well as Europe, the Middle East and Africa and the Asia Pacific regions, the strategic partnership aims to reach more than $2 billion in retail sales by 2025, nearly tripling last year’s figures. This year, Adidas expects to generate up to €100 million, due to the new partnership.

Last year, the global market for athletic apparel generated about $193 billion in revenue. These revenues are expected to grow to $270 billion by 2028, according to Statista.

Kasper Rorsted, CEO, Adidas, says, the brand is strengthening the partnership as it continues to execute its ‘Own the Game’ strategy.” With 61,000 employees globally, Adidas generated €21.2 billion in sales last year.

Richard Johnson, Chairman and CEO, Foot Locker highlights, how the “close partnership” will result in the retailer bringing “consumers even more unique, pinnacle products from iconic brands,” while accelerating its push into apparel and attracting more customers.” With about 2,900 stores in 28 countries, Foot Locker Inc.’s portfolio includes Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Atmos, WSS and Sidestep.

Jerry Lorenzo, Founder and Designer, Fear of God will lead the Adidas basketball range at Foot Locker. Lifestyle and performance products will be in the mix including exclusive designs, as well as key Originals franchises like NMD, Superstar and Stan Smith. Foot Locker will also have an integral role in the launch of Adidas’ new sportswear product division that is geared more for lifestyle shoppers than hard-core athletic ones.

Bangladesh’s apparel exports to the US grew in terms of both value and volume during the first quarter of 2022.

Bangladesh’s RMG exports to the US surged by 62.23 per cent Y-o-Y to $2.47 billion during Q1FY’22, according to OTEXA, an affiliate of the US Department of Commerce.

The country's apparel exports also sustained a 50.12 per cent growth in terms of volume to 909.25 million square metres during January to March, up from 605.68 million square metres during the corresponding period of 2021.

Despite the COVID-19 pandemic, Bangladesh exports apparels worth $7.14 billion to the US in 2021, keeping the market as its single-largest destination without any duty preference.

The 2021 RMG exports also surpassed those of the pre-pandemic level in 2019, when Bangladesh earned $5.92 billion.

Biancalani has launched two machines that offer solutions for difficulties faced during textile finishing process.

The first of these is the IDRA, a combined modular washing and milling machine. This textile finishing machine with independent channels is designed to independently wash and mill woollen fabrics of different compositions.

In the different IDRA channels it is possible to load fabrics of varying composition, width and weight because the parameters used in each individual channel do not influence those of the others.

The greatest innovation is that each channel is completely independent, so each will complete its pre-programmed cycle automatically, while the others will continue to operate until their own milling cycle reaches its conclusion, allowing the milling of woollen fabrics with different weights independently.

The other machinery is MILLA a combined washing and milling machine. Both machineries created by Biancalani Textile Machinery are milestones of woollen fabric manufacturing. In this short video we show and explain you how our combined washing and milling machine MILLA works.

IDRA and MILLA are equipped with an air-jet device – patented and constantly innovated by Biancalani – that ensures the absence of creases and permanent strains in the fabric. In addition to this, milling time has been significantly reduced with special attention to limit consumption and thus preserving the environment.

Furthermore, IDRA & MILLA can be used both for heavy fabrics and lightweight articles manufacturing, ensuring a deep milling action on the first and a safe one on delicate fabrics. Obviously, the milling step is at the core of wool manufacturing and thus of what we see in big brand stores. Nowadays, brands are attentive to details and their motto is “always demand the best and never settle for anything less.

The Q1 FY22 revenues of the Italian luxury group ErmenegildoZegna grew by 25.4 percent to €377.6 million.

Over the course of 2021, the ZegnaGroup achieved a number of milestones, says GildoZegna, Chairman and CEO. In December, the group listed on the New York Stock Exchange after a business combination with Investindustrial Acquisition Corp. and a rebranding of Zegna, which reworked the logo, dropping the first name of the founder, revisiting its store concept and communications.

Assuming no further deterioration or geographic extension of the war in Ukraine, a normalization of the COVID-19 pandemic in Greater China before the summer, and no other unforeseen events, the group confirmed its outlook for the year, expecting a growth in revenues in the low-teens and continued improvement to adjusted earnings before interest and taxes. This can be achieved building on the accelerated expansion achieved in 2021, when the group delivered an adjusted EBIT of 11.5 percent on revenues, exceeding its own guidance of around 10 percent.

In the first quarter, the revenues of the Zegnasegment grew b 27.1 percent Y-o-Y to €283.5 million with “robust performance” in all product lines.

The Thom Browne segment rose 22.3 percent Y-o-Y, with revenues totaling €98.1 million with consistent performance in both direct-to-consumer and wholesale channels.

Revenues of Zegna-branded products, which include apparel, bags, shoes and leather goods, as well as licensed goods and royalties, surged by 22.1 percent Y-o-Y to €224 million. The group attributed this gain in large part to the growth in luxury leisurewear and shoes, and a strong rebound of made-to-measure.

Revenues of the group’s textile business rose by 64.6 percent to€ 30.2 million.

Zegna also saw a 56.8 percent increase in revenues for the third-party brands, which reached 24.4 million euros, reflecting its strong supplies capability.

The uncontrolled rise in cotton prices for the last one year is compelling most fashion retailers like Shoppers Stop, Celio and Arvind Fashions to increase apparel prices. Despite efforts to be cost-efficient, retailers have not been able to absorb the entire surge in input costs, says Kulin Lalbhai, Director, Arvind Fashions and Executive Director, Arvind Limited. Menswear Celio has revealed plans to increase prices of upcoming winter collection. As per Satyen Momaya, CEO prices are expected to go up around 6 per cent.

Other apparel retailers too are following the same track of hiking prices by around 5-15 per cent. Departmental-store chain Shoppers Stop pushed up prices 10-12 per cent and plans further hike to control rising inputs costs, indicates Venu Nair, Managing Director and CEO.

Demand in value segment gets affected

Cotton forms 50 per cent of the materials used to make casual wear items like denim. Other clothing products such as T-shirts also contain 40-50 per cent cotton. A surge in cotton prices affects profit margins of all these products. And as Nair points out, even though the price hike has not affected demand for new apparels in India, demand in the value segment has declined.

Price rise fuelled by decline in end stocks

The rise in cotton prices, since the last one year is attributed to tight global supplies and increasing demand in international markets. The hike has been a cause of concern for most fashion retailers in India Reaching its peak, cotton futures price on the Intercontinental Exchange (ICE) has surpassed $1.5 per pound, reveals Crisil data. Average cotton prices in India have increased 45 per cent Y-o-Y to reach Rs 8,220 per quintal compared to Rs 5,728 per quintal last year. Pushan Sharma, Director, CRISIL Research opines, one of the main reasons for increase in cotton prices is the estimated decline in end stock at both global and national level.

As per United States Department of Agriculture (USDA) estimates, global end stocks will decline by around 7 per cent in 2021-22. The Cotton Corporation of India estimates, cotton end stock in India will fall 36 per cent to 45.46 lakh bales in 2021-22. In the 2021-22 season spanning October-September, international cotton prices increased 150 cents per pound as against 85 cents per pound in previous season. The increase is attributed to decline in output of key producers, including China and West Texas; supply-chain hurdles, restriction on China’s Xinjiang cotton by Western countries among others. v Sustained demand to boost prices further

Reopening of economies is sustaining cotton demand despite constrained supplies. This is adding more pressure on cotton prices that have been rising uncontrollably since the last year, affirms Rajani Sinha, Chief Economist, CareEdge. While Indian apparel makers continue to battle high cotton prices, exporters plan to boost global cotton supplies. This is likely to fuel further price rise of the commodity. To control the hike, government is toying with the idea of banning cotton exports temporarily.