The trade deal that the US and China are crafting would give China time until 2025 to meet commitments on commodity purchases and allow American companies to wholly own enterprises in the Asian nation. Under the proposed agreement, China would commit by 2025 to buy more US commodities, including soybeans and energy products, and allow 100 per cent foreign ownership for US companies operating in China.

The limited time frame raises questions about how much a deal would reshape the longer-term economic relationship. While some progress is being made, resolving more contentious issues such as the forced transfer of technology is taking longer. The US is pushing for China to front-load a big chunk of the commodities purchases in the first two years the agreement is in place.

One of the key issues is what will happen to the tariffs the two sides have imposed about $360 billion of each other’s goods in the past nine months. At least some of the tariffs may stay in place. The text will also include benchmarks, likely set at 90 days and 180 days after signing, by which China is asked to fulfill key pledges. The US wants the right to take unilateral, proportional action against China if it fails to abide by the rules.

A survey by McKinsey & Company and Camera Nazionale della Moda Italiana, Italian fashion’s governing body shows, sustainability has become an increasingly important factor in what buyers choose to stock. Researchers surveyed buyers at the most important international department stores including Saks Fifth Avenue and Barneys in New York, Takashimaya in Japan, Printemps in France, and Hyundai in South Korea. They shared the results at the Italian group’s third international roundtable on sustainability in Milan on March 26, 2019.

As per the survey, buyers expected to double their purchases of sustainable products over the next five years, raising it from 23 per cent of their total budgets to 42 per cent. A quarter of those surveyed had also stopped selling a brand or product that fell short on sustainability. What mattered most to store buyers was how a brand sources its fabrics, its transparency, and the treatment of workers at the factories making its clothes. They were ready to even pay a small premium for sustainable products.

Research funded by Australian Wool Innovation claims the Sustainable Apparel Coalition’s Material Sustainability Index (MSI), a product-focused tool that compares the sustainability of different textile materials, also needs better data inputs, improved transparency, to account for microfibre pollution and to consider the full lifecycle of products.

Researchers Dr Stephen Wiedemann and Dr Kalinda Watson performed a comprehensive analysis of the Sustainable Apparel Coalition’s MSI in a bid to provide a “constructive contribution” to increasing the reliability and quality of information in the rating system, which is increasingly an important reference tool by many international apparel brands and retailers.

Among key recommendations are the tool is improved to adhere global standards and guidelines for best practice in LCA. A key issue the researchers have is that the tool in its current guise excludes the product use phase and end of life.

The research also argues for microplastic pollution to be included in the MSI, although in fairness to the SAC, there is not – as yet – a universally agreed upon means of measuring microfibre impact, and the SAC has already told us that as soon as one is available, it will be incorporated.

The researchers claim the quality of data in the MSI is, in many instances, poor. They point out that it is common practice in LCA – and other fields of science – to report the scientific confidence in the results, indicating whether the differences are meaningful or just ‘noise’.

Nitin Spinners is investing in the best global technology to offer high quality products. Nitin Spinners was established in 1993 in Bhilwara. Today, Bhilwara produces about 80 million meters of fabric a month. Its strategic location is another plus point. It is located on the borders of Gujarat and Madhya Pradesh, which are cotton-producing states. At present, the company has two production units. One in Bhilwara which is a parent unit with a capacity of 2,25,000 spindles and the other one at Chittorgarh. Both these facilities are a composite unit. The decision to expand the open-end spinning capacity by upgrading the technology was important since the machines eliminate waste and increase production significantly.

In the last 20 years, the company has seen continuous growth. The compound annual growth rate in volumes and financial numbers has been more than 20 per cent. In the spinning sector, 3,00,000 spindles are in operation, producing 180 tons of yarn a day. The open-end capacity has increased to 3500 rotors producing 25 tons of yarn. As of now, knitting produces 800 tons of knitted fabric a month. Currently, the company is looking into expand into weaving. The reason is that the company is having high profits from the yarn business. The company has further expanded its profile to worsted spinning and woolen spinning.

Apparel Textile Sourcing Miami will be held from May 28 to 30, 2019. More than 10,000 fashion industry representatives will converge for a first-hand discovery of new developments and insights in the apparel and textile market — from concept to consumer. Among the key topics to be presented are latest updates on US trade policy, customs and imports, investment opportunities for apparel brands and retailers, industry trends and forecasts, and the future of fashion, technology and sustainability. The show will put together the most comprehensive sourcing seminars, expert panels and Q&A segments to arm representatives across all segments of the industry — brands, retailers, e-commerce sellers, designers, importers and buying offices — with the knowledge, tools and practical solutions they need to address current industry issues and navigate through the rapidly-transforming sourcing ecosystem.

There will be updates on latest developments in global trade, tariff and non-tariff barriers, and new sourcing opportunities. Navigating through the complex supply chain and other complicated issues associated with trade present a challenge for businesses, small and large. They can learn about ensuring compliance with current trade laws and policies surrounding imports, exports and customs, and reducing duty exposure. Global color authority Pantone will unveil trends for autumn/winter 2020/2021.

Kingpins Amsterdam will take place on April 10 to 11, 2019. The show will host 99 exhibitors. Different initiatives will be explored on the show floor. For this edition, initiatives by companies will be showcased. The most important attraction will once again be a mix of exhibitors and educational opportunities. The Kingpins Transformers area will return. New additions include installation of student work from a competition Kingpins supported earlier this year. Winning and runner-up collections will be displayed at the show. Avery Dennison will join Kingpins for the first time and highlight their products.

The show will ask denim spinners who exhibit to comply with, or exceed, current CSR regulations relating to environmental protection and the use of chemicals. The show’s goal is to become even more engaged in promoting environmental responsibility within the industry. Advise and support will be offered to exhibitors in order to help them transform their approach. Kingpins does not wish to introduce new certifications, but the organisers are keen to promote the strictest existing ones. Once they have drawn up a set of social responsibility specifications for exhibitors, they plan to share them with other textile shows, in order to promote collective change across the supply chain.

Intertextile Pavilion will be held in China from July 4 to 6, 2019 in Shenzhen, China’s fashion capital. This is a sourcing show. Around 1000 leading exhibitors are expected to display a wide range of fabric product categories including manmade, knitted, silk, linen/ramie, wool, denim, sportswear/functional, lace and embroidery and swimwear/lingerie, as well as yarn and fiber and accessories. New product groups will be featured, including OEM, sewing equipment and textile additives.

The Taiwan Pavilion will feature knitted, jacquard, lace and embroideries, woven fabrics, functional and denim fabrics. The Korea Pavilion will display a wide range of women’s wear fabrics, such as manmade fashionable fabrics, knits, embroidery jacquard, tri-acetate woven and printed fabrics. Some members will also showcase functional fabrics and faux fur. The Japan Zone will cover a range of high-quality cotton and manmade fabrics for women’s wear as well as casual wear, with the ability to handle small order quantities, product-in-stock orders and quick delivery service.

Shenzhen has a 70 per cent share of China’s high-end women’s wear market with around 30,000 fashion designers and over 2,000 fashion retailers. It has a solid industry, from design to manufacturing.

Indorama Ventures has bought 30 per cent of Indo Rama Synthetics’ enlarged share capital.

Indo Rama Synthetics is a fiber manufacturing facility located in Maharashtra. This facility has a combined capacity of 6,05,000 tons per annum, consisting of polyester chips, fibers and filament yarns. This strategic investment provides Indorama Ventures entry into a large domestic market where local presence gives duty and logistic benefits. India is the largest textile market and Indo Rama Synthetics has a key position. The strategic investment is expected to grow shareholder returns. This market has a large, untapped potential that will be highly lucrative as it expands.

Indorama Ventures has already invested in India over three years in the PET business. India is the second largest polyester market in the world after China with consumption growing at about seven per cent per annum. India’s per capita consumption of polyester is about three kg, compared to 14 kg in China. This low level per capita consumption is expected to increase along with the rise in India’s per capita GDP, which will provide affluence-related consumption and opportunities for growing into more functional and high value-added products. Indorama Ventures is in a strong position to benefit from this evolving trend, backed by its strong R&D capabilities.

H&M Foundation, in its 2019 edition of the Global Change Awards awarded the €1 million grant to five winners, selected among some 6,000 projects. The Loop Scoop project by German company circular. fashion earned a €300,000 grant for providing information to designers on materials, cuts and production processes to optimise their work, also in terms of the products’ end-of-life management and recycling.

Swiss company Dimpora was awarded a €250,000 grant for its water-proof, biodegradable membrane made of minerals. The nettle farm project set up by Kenya’s Green Nettle Textile was awarded a grant of €150,000. The fourth Global Change Award winner Petit Pli also earned a €150,000 grant for its original approach to childrenswear. Finally, Peru-based company Le Gara was awarded a €150,000 grant for developing an alternative to leather.

The five winners will also benefit from a one-year mentorship, allowing them to interact with H&M staff and travel to New York and Hong Kong to learn about the expectations of the US and Chinese markets. They will also meet corporate experts, like those from Accenture, a partner of the award. A major opportunity for these innovative start-ups to foster their growth.

Fashion Box, the parent company of Replay, records 21 per cent jump in ebitda. Based in Italy, Fashion Box is the parent company of denim brand Replay. Exports account for 85 per cent of the company’s sales. The positive results in 2018 are the reward of a long-term strategy based on constant attention paid to the quality of the products and the company’s ability to generate a steady stream of innovative projects. This goes hand in hand with an effective distribution strategy, implemented directly and through carefully selected partners. Fashion Box will be aiming especially at the development of new markets, together with the strengthening of the existing ones in order to continue an organic and healthy growth.

International expansion will remain a key focus for business in 2019. Five new Replay stores opened in Brazil in 2018 and two launched in Colombia. Further five stores are planned for Colombia by 2022. An expansion of the wholesale business is planned in Eastern Europe. Eight mono-brand stores will open by 2021 across Bosnia and Herzegovina, Serbia, Kosovo, Macedonia, Montenegro and Romania. Last year, Fashion Box forged a partnership with Reliance Brands to distribute Replay in India. Two flagship stores are planned for this year, in Mumbai and Delhi.