Indian leather manufacturers and traders have urged the government to impose an anti-dumping duty on Chinese footwear to decrease the amount of cheap imports and make Indian businesses more competitive. The leather industry has also demanded an increase in import duty on chemicals used in the leather treatment process. Leather businesses have demanded increase in import duty on chemicals imported from China including basic chrome sulphate and sodium sulphide from the current rate of 8.2 per cent to 35 per cent.

Numerous Indian industries have also urged their customers to boycott Chinese goods in order to boost Indian manufacturing in the wake of lockdown and following border tensions between India and China. The Confederation of All India Traders has also been vocal about boycotting Chinese products, claiming that Chinese imports are costing Indian workers their jobs.

According to the Council of Leather Exports, a large number of Indian factories that manufactured the chemicals used to treat leather have closed down as they were unable compete with Chinese imports. China also manufactures a far greater volume of footwear than India and Chinese footwear exports to India have risen in recent years as India’s annual footwear consumption has increased.

Athletic apparel and footwear powerhouse JD Sports has bought back the assets of its adventured-oriented Go Outdoors for £56.5 million ($70.7 million), putting the outdoor retailer into administration. As a part of the administration process, JD Sports will soon begin restructuring the unit. The onset of COVID-19 pandemic made future viability of Go Outdoors “materially uncertain” as it was forced to shut 67 stores on March 23. Hence, JD Sports’ board of directors decided it was not in the best interest of the company and its shareholders to provide continued financial support to Go Outdoors in its existing form.

A company statement states, the terms of the present property leases Go Outdoors had been locked in were extremely inflexible. Leases have an average remaining expiration period of approximately 10 years with rent prices that can either go up or stay the same, but never go down, which is designed to protect the landlord from unforeseen market circumstances. Many of the leases are fixed at rates above inflation regardless of the market rent in the stores’ locations.

With the company put into administration, its Peter Cowgill, Executive Chairman looks forward to have positive conversations with landlords and agreeing to new flexible lease contracts to reflect the widely reported challenges of reduced consumer footfall.

In order to revamp its business, JCPenney plans to shut 13 more stores in the first week of July. Last month, the retailer had announced its plans to shut 192 stores by February 2021 and then close another 50 stores in 2022. It recently released a list of 154 stores and initiated liquidation sales at 136 locations.

The 13 stores that the retailer plans to close are located in the Mid Valley Mall, Sunnyside, WA; Greenville West Mall, Greenville, MI; Owosso in MI; Omache Shopping CTR, OMAK, WA; Big Rapids, MI; Northtown Village, Alma, MI; Bay City Mall, Bay City, MI; MT Pleasant Shopping CTR, MT Pleasant, MI; Mall at Prince George’s, Hyattsville, MD; Meridian Mall, Okemos, MI; South Shore Mall, Bay Shore, NY; Poughkeepsie Galleria, Poughkeepsie, NY and Sun Valley Mall, Concord.

The global functional apparel market size is expected to grow at a CAGR of 7.4 per cent between 2020 and 2027 to be worth around $550 billion by 2027, says a research report by US-based Acumen Research and Consulting. The report expects suppliers to shift away from China with the intention of reducing potential market costs and growing the cluster in a given country to ease supply chain.

The report says, increased awareness about healthy lifestyle led to a rise in demand for sportswear, which in turn will allow the global market for functional apparel to expand. Moreover, the growth of the target market is driven by a growing number of sports and other recreational events, including trekking, cycling, etc. Growing demand for convenient apparel and accessories, as well as the rising youth participation in various fields of sport, are two of the main factors for the growth of the target market.

Another element expected to boost demand for medical wearing laboratory apparel is increased research and development activities in medical laboratories to propel growth of the world market. Increasing mobile and Internet penetration boosts demand for many functional wear products like activewear, wear safety, etc., which, on the other hand, are projected to drive growth of the global market for functional wear over the anticipated period.

A second aspect projected to impede growth of the target market is the emergence of replication goods at a lower rate.

Resorting to unfair trade practices, fast fashion brands are not just cancelling orders but also refusing to pay their workers in India. A recent example of this is H&M which cancelled orders after a major chunk of it was completed. Most of these fast-fashion brands and companies, and even some high fashion brands, do not have their own factories or ateliers. Instead, a bulk of the manufacturing work is outsourced to India, Bangladesh, and other developing nations where the labor is cheap and raw material is easily procurable.

The factories where the work is outsourced to, is responsible for procuring the raw materials, creating a product, say jeans or a shirt, ship a batch of the finished product to the nearest headquarter of the brand, where it undergoes a quality and check, and then sent across the world. Normally, once the finished product passes inspection, the brands release a majority of the payment. Few brands, do give the factories a token advance, but not all of them. Workers in these factories are barely given the minimum wages. On top of that, most of these factories flout basic safety measures. The workers in these factories often work under appalling conditions, with practically no job security.

The production of face masks in EU is set to increase 20-times more by November 2020, compared to pre-crisis times. This means EU-based producers will be able to make the equivalent of 1.5 billion three-layer masks a month, say the recently released figures by EDANA, the leading global association serving the nonwovens and related industries. At the start of the pandemic in March the main bottleneck in global supply chain for face masks was a shortage of ultra-fine meltblown (MB) filament web, which is the indispensable high-tech filter layer used in all nonwoven masks. Once electro statistically charged, this nonwoven fabric is able to stop very fine particles and droplets carrying bacteria and viruses.

However, thanks to the efforts of EU-based producers there would be enough meltblown capacity in the EU by November to produce the equivalent of 1.5 billion three-layer surgical masks per month. In contrast with the rest of the supply chain, where European players were no longer in a leadership position, the world’s most sophisticated technology platforms producing meltblown nonwovens belong to European machinery companies.

Over the last three months, EDANA has been liaising with partner associations including MedTech Europe, ESF, and EURATEX to ensure sufficient supplies of essential public health equipment. EDANA has been recognized by the European Commission as the voice of industry on all issues relevant to the nonwoven-based face masks supply chain.

Last week EDANA convened a new sector group representing face mask converters, nonwoven suppliers, testing laboratories and equipment manufacturers to work together to develop an independent and self-sufficient supply chain for medical face masks and personal protective masks in the EU. The group will work to ensure adherence to applicable European Standards and to encourage responsible product stewardship throughout the life-cycle of face-masks from raw material sourcing to end-of-life solutions.

Seeking opportunities in times of adversity, Indian government is seriously thinking of allowing PPE makers to export nearly 50 lakh personal protective equipment (PPE) suits a month. Several industry bodies like AEPC and others have been urging the government to allow PPE export . As AEPC chairman, A Sakthivel points out exports would help manufacturers cover the financial losses suffered due to the COVID-19 pandemic. He says countries like Bangladesh, Indonesia, Pakistan and others have already lifted their ban on PPE exports and are receiving huge orders. Pakistan recently received $100 million worth export orders, which is likely to go up to $500 million. Similarly, Bangladesh has also received huge orders from countries like the US, Nepal, Sri Lanka and Kuwait. Hence, India too should tap this opportunity, Sakthivel urges.

As of now, India’s exports for Covid-19 primarily comprise: hydroxychloroquine and paracetamol. While the former is being explored as a treatment, the latter is used to address Covid-19 symptoms such as fever and body ache.

Ramping domestic production capacity

Meanwhile, the government recently ramped up India’s capacity to manufacture PPE kits and ventilators in collaboration with private players. Production is being led by Empowered Group III under ‘Make in India’ initiative of the central government. The group includes top officers from the Ministries of textiles, external affairs, home affairs, and health & family welfare, besides officers of the Central Board of Indirect Taxes and Customs, the Defence Research and Development Organization, the Prime Minister’s Office, and the Cabinet Secretariat.

Before February, India just had 20 PPE manufacturers but these have now grown to over 600. Similarly, the number of ventilators has grown to over 50 from eight before February. In all, India currently manufactures an estimated eight lakh personal protective equipment (PPE) kits and around 1,000 ventilators daily. Hence, industry leaders had been urging the government to allow them to first export PPE followed by ventilators, masks and later RT-PCR (testing) kits, along with reagents and swabs, among other products.

Growing export prospects

In response, the government has asked industry leaders to prepare their PPE equipment for global certification. For this, manufacturers would have to acquire a Conformité Européene or CE marking that would enable them to export their PPEs to the European Union, and a certification from the Food and Drug Administration (FDA) for the US market. This certification can be done in two ways - either the seller sends the PPE samples to these authorities or these agencies allow their accredited labs in India to certify manufacturers here. There are also certain functional requirements such as health and safety for different countries that these manufacturers would have to follow.

In an effort to connect with their consumers and form a bond, brands across different product segments are building new apps that broadcast their latest campaigns and new collections. In February this year, Gucci launched Version 6.0.0 of its official app to display its latest collections and news. Featuring mini games and podcast episodes, the app uses the augmented reality (AR) lens to enable its users to try on lipstick colors and footwear virtually.

Helping brands identify customers

One of the most significant advantages of building an app for brands is that it enables them to identify their consumers. Hence, it is crucial for them to build their own private channels. This helps to improve engagement with consumers besides increasing sales prospects. The recent chat module R Message developed by Burberry and Apple allows consumers to communicate with choices and preferences directly to the sales associates of the brand.

Such applications are common in China where brands can execute their CRM activities, launch exclusive products and reactivate consumers through their service accounts or dedicated mini programs on WeChat. The transactional and behavioral data on this application can be tracked by the brands which can use this data to service their existing clients and also form new ones.

However, such solutions are not common in the Western countries which focus mainly on remarketing and SMS or email marketing. In such countries, applications like R Message and StyleHint can create an opportunity for brands and consumers to interact with each other.

A two-pronged approach to increase traffic

Brands in such countries can also adopt a two-pronged approach to increase their private traffic. They can create a controlled environment for engaging with consumers by launching new apps besides using channels like WeChat to engage with their Chinese consumers.

Increasing competition in the global fashion market has made it imperative for brands to increase their communication with their clients. These brands are now focusing on leveraging the available CRM opportunities that enable to form long-term relationships with their clients.

With continuous growth and delivery of genuine business outcomes each year, Yarn Expo has established its global reputation as a leading networking destination for worldwide visitors and exhibitors, with a wide variety of yarn and fibre products on offer.

Yarn Expo Autumn 2019 had a record breaking 543 exhibitors from 14 countries and regions, covering 26,000 sqm of exhibition space and attracted 19,155 visitors from 93 countries and regions.

This year, Yarn Expo Autumn 2020 returns to Hall 8.2, National Exhibition and Convention Center (Shanghai) from September 23-25, weaving the net for professionals from the yarn and fibre sector to meet, connect and exchange.

Yarn Expo Autumn 2020 will be held concurrently with Intertextile Shanghai Apparel Fabrics – Autumn Edition, PH Value and CHIC, giving you a concentrated overview of the latest trends and developments in the entire textile industry.

Page Industries reported net sales of Rs.551.17 crore during the period ended March 31, 2020 as compared to Rs.797.28 crore during the period ended December 31, 2019.

The company posted net profit of Rs.31.02 crore for the period ended March 31, 2020 as against Rs.87.01 crore for the period ended December 31, 2019.

The company reported EPS of Rs.27.82 for the period ended March 31, 2020 as compared to Rs.78.02 for the period ended December 31, 2019.

The company reported net sales of Rs.2,970.06 crore during the 12 months period ended March 31, 2020 as compared to Rs.2,888.62 crore during the 12 months period ended March 31, 2019.

The company posted net profit of Rs.343.22 crore for the 12 months period ended March 31, 2020 as against Rs.393.94 crore for the 12 months period ended March 31, 2019.

The company reported EPS of Rs.307.72 for the 12 months period ended March 31, 2020 as compared to Rs.353.19 for the 12 months period ended March 31, 2019.