Upendra Prasad Singh, Textile Secretary released a Compendium on MMF (Man Made Fibre) Garments during the Executive Committee meeting of the Apparel Export Promotion Council (AEPC) at the Apparel House in Gurugram.

The compendium covers details of all 90 MMF garment HS lines, including the top 10 high potential MMF garments for the USA market. It has the details of fabrics used to produce the 90 HS lines and their supplier details.

Singh said that the Rebate of State and Central Taxes and Levies (RoSCTL) scheme, along with the proposed Production Linked Incentive (PLI) scheme and Mega Investment Textile Parks (MITRA), would help apparel manufacturers see their exports registering a quantum jump.

The aim of the compendium, which has details of HS codes, pictures, fabric suppliers and prices, is to ensure better preparedness by the industry. Presently MMF garments contribute to around 165 billion dollars in total RMG exports of 470 dollars billion globally. India’s mill fibre consumption ratio of Cotton Vs MMF is 60:34. On the contrary, the global mill fibre consumption ratio of Cotton Vs MMF is 30:70. It gives a huge opportunity for Indian apparel manufacturers to diversify in MMF garments, he added.

Dipali Goenka, CEO & Joint Managing Director, Welspun India says, the government’s decision to extend the RoSCTL scheme till March 2024 will help the company to increase competitiveness with Bangladesh and Vietnam.

As per a CNBC TV 18 report, the company aims to make more investments in the textile category besides increasing FDI and generating more employment opportunities. Goenka adds, the PLI scheme focuses more on man-made fibres sector. However, Rebate of State and Central Levies and Taxes (RoSCTL) extension will provide a massive boost to the cotton segment.

On July 14, 2021 the Indian government approved the continuation of Rebate of State and Central taxes and Levies (RoSCTL) on exports of apparel, garments, and made-ups till March 31, 2024.

The RoSCTL scheme will continue with the same rates as notified by the Ministry of Textiles vide Notification on March 8, 2019, in exclusion from the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for these chapters.

The value of India’s textile exports to the US outpaced China during January to May ’21 period, following a rebound in the market.

As per OTEXA, a trade body of US Department and Commerce, India textile shipments to the US grew by 66.69 per cent to $2.28 billion in the first five-month period of 2021.

During the same time, US’ import of textile products grew by 39 per cent to $12.47 billion. India’s share to this value remained 18.32 per cent.

On the other hand, China shipped textiles worth $4.32 billion from January to May ’21 period, constituting around 34.65 per cent of total textile import value of US.

The share of India’s textile exports increased by over 3 per cent, signaling a shift of business from China is not just on papers as rumoured by some industry stakeholders in the neighbouring countries.

Made ups constituted larger chunk in the total shipment from India to the US, valuing $1.92 billion, and growing by 64.54 per cent on Y-o-Y basis.

Yarn shipment increased by 88.37 per cent to $55.16 million, while fabrics’ exports clocked $302.92 million.

Clean Clothes Campaign has called for the immediate implementation of Fair Labor Association’s (FLA) recommendation with the launch of a new documentary, How to Steal Your Workers’ Future, an intimate and powerful portrayal of the long-term devastation that severance theft causes for garment workers and their families.

The film highlights the case of Jaba Garmindo, an Indonesian garment factory producing for Uniqlo, among other brands, that went bankrupt in 2015. Since then, 2,000 former Jaba Garmindo workers have been fighting for the US$5.5 million in severance pay that is legally-owed to them. Life for these workers has been extremely hard, made worse since Covid-19, and many have been surviving on mounting loans or, as shown in the film, by earning a couple of dollars a day collecting and selling trash. Uniqlo, a brand worth $9.2 billion, continues to deny any responsibility towards the workers and refuses to pay up.

The film launch comes a week after the FLA released the results of their 18-month investigation into the Jaba Garmindo case and the responsibilities of two of its member brands, Uniqlo and s.Oliver, who were both buyers from the factory. Clean Clothes Campaign welcomes the recommendation made in the report that brands give financial relief to the ex-Jaba Garmindo workers.

The 12-minute documentary, produced by Fat Rat Films, presents a window into the harsh realities of severance theft, and what it really means when big name brands such as Uniqlo turn their backs on workers. There has been an exponential rise in severance theft cases since the pandemic began, with between $500-$850 million in severance pay stolen from garment workers in the first year of the pandemic alone and How to Steal Your Workers’ Future highlights the urgent need for brand accountability.

Scheduled to be held on June 22-26, 2021, the Hightex International Textile and Non-Inventive Trade Fair has been postponed to June 14-18, 2022 due to the impact of the ongoing COVID-19 epidemic in the world.

As per a Textile Today, Hightex 2022 will be held in Istanbul Tuyap Fair and Congress Center alongwith with the ITM 2022 Exhibition.

The trade fair will host the first and only exhibition of its field in Turkey for five days in Istanbul. It will host the world’s leading technical textile and non-woven manufacturers. Many companies from Turkey and abroad will showcase their latest technology and products at the event.

Industry leaders from those involved in textile and apparel treatments to ready-to-wear, decor to cosmetics, from automotive to defense, will visit the fair. It will showcase the latest technological innovations of the technical textiles and nonwovens industry. It will host industry professionals from the technical textiles and nonwovens sectors in Middle and Eastern Europe.

A community of entrepreneurs is trying to solve some of the greatest challenges facing the textiles and fashion industries in Finland.

As per an UNDP report, Business Finland funds innovation projects to help researchers, companies and public sector develop new technologies and business models. The organization encourages co-innovation as it accelerates the innovation process, says Markika Ollaranta, Head-Biio & Circular Finland Program.

Infinited Fiber solves the problems of textile waste and production using a unique technology that cleans and breaks down textile waste at the molecular level and then uses the remaining cellulose and regenerates it into new fibers, adds Petri Alava, CEO.”

Kristoffer Ekman, CEO, NordShield says, his firm addresses the harmful leaching of chemicals and heavy metals and bacterial resistance that derive from common antimicrobial treatments for textiles. NordShield’s solution is a unique wood-based, biodegradable technology derived from forestry side streams. It works with partners to ensure its raw materials are sourced from responsibly-managed forests which do not compete for land with food crops, are not genetically modified and do not require land-use change,

A South Korean-owned shoemaker and supplier to Nike, Changshin Vietnam has suspended production at three of its factories near Ho Chi Minh City due to COVID-19 outbreak.

As per a report by the Thomson Reuters Foundation, the company has shut factories in Dong Nai province, which employ nearly 42,000 workers, until July 20.

Vietnam has until recently successfully contained its coronavirus outbreaks, with limited disruption to its crucial manufacturing sector, which produces garments, footwear and electronics goods for some of the world's biggest brands.

The outbreak since late April has been more of a challenge, however, with record cases on many days this month, most of those in the commercial hub Ho Chi Minh City and its neighbouring industrial provinces of Dong Nai and Binh Duong.

The outbreak prompted Taiwan's Pou Chen Corp, which makes footwear for companies like Nike and Adidas, to suspend operations at its Ho Chi Minh City plant from Wednesday.

Eclat Textile Co, a Taiwan-based garment and fabric supplier, has suspended production at its Dong Nai plant until July 17, it told the Taipei stock exchange.

Vietnam has recorded 38,200 infections and 138 deaths overall, the vast majority of those since May.

Sympatex Technologies has been recognized as one of ‘Best for the World™ B Corp companies of 2021.

The Munich-based functional specialist has been awarded for its initiatives including the European industry partnership wear2wear for the rapid closure of the textile cycle, offer of the world's first climate-neutral membrane, and co-designing and being the first signatory of the ‘UN Fashion Industry Charter for Climate Action.’

As a B Corp company, Sympatex Technologies has always met highest standards of social and environmental performance, public transparency and accountability in order to balance profit with purpose. The award motivates the company to continue to work successfully with the global B Corp community and positively influence all stakeholders in a sustainable way.

Since the founding of the B Corp NGO in 2006, there are now over 4,000 certified B Corporations in more than 77 countries. Their goal to reconcile profit maximisation with a social mission unites all B Corp companies in their journey towards creating a responsible, environmentally sustainable and socially fair business future. Around 800 B Corps from more than 50 countries were named to the 2021 Best for the World lists, including TOMS, Too Good To Go and Patagonia.

The B Corp certification is based on a company's verified performance in the so-called B Impact Assessment. It assesses the companies in five categories of corporate governance, employees and impact on the environment, customers and society.

As one of the worldwide leading producers, Sympatex® Technologies has been a synonym for high-tech functional materials in clothing, footwear, accessories and technical fields of application since 1986. Together with selected partners, Sympatex develops, produces and distributes membranes, laminates and functional textiles as well as finished products worldwide. The Sympatex membrane is highly breathable, 100 per cent wind- waterproof, and regulates the climate. It is 100 per cent recyclable, bluesign® and 'Oeko-Tex-Standard 100' certified. It is also PTFE-free and PFC-free.

Bangladesh RMG manufacturers fear that the government’s decision to keep garment factories closed for 14 days amid a peak season for export and purchase orders might hit the apparel industry hard.

As per a Dhaka Tribune Report, from July 23, the Bangladesh government decided to shut all kinds of industries, including apparel factories till August 5 to contain the rising rate of COVID-19.

However, manufacturers argue, this may prevent them from completing the received orders for Spring and Summer from US and Europe. They will not be able to supply the products in accordance with the lead time as per the purchase order. Then foreign buyers will cancel the purchase orders or take advantage of the discounts, said apparel manufacturers.

They also said that the garment workers will run to the village with their families if they get two weeks off and come in contact with many people, thus increasing the risk of infections.

Shahidullah Azim, Vice President, BGMEA, says, June, July and August are the peak season for exporting apparel items — especially winter clothes and closing of factories might result in order cancellations and surge in discounts as Europe and US markets are stabilizing. Buyers might even shift their orders for spring and summer seasons to competing countries if they fail to deliver in time, he adds.

Azhar Khan, Chairman, LEED Platinum certified Mithela Textile Industries, adds, the shutdown till July 30 would have been more appropriate as it would coincide with the Eid holidays. Mostafiz Uddin, Managing Director of Chittagong-based Denim Expert urges the government to reconsider the decision to protect the lifeline of the country's economy.

The retail industry has staged a quick recovery from the COVID-19 crisis. However, the pandemic has widened the gap between industry leaders and laggards with some companies noting a dramatic increase in their market value. As per a McKinsey & Company report, companies that adopted tech-forward business models managed to race ahead. The market capitalization of companies dealing in home décor items, new fashion styles and beauty products surged almost 35 per cent from February 2020 to April 2021. Particularly, those with strong digital capabilities registered a robust growth in their profit margins.

American and Chinese companies led growth by capturing 75 per cent of the market. The tech-forward and asset-light business models adopted by these companies led them to be clubbed under the Super 25 category by McKinsey. Overall, these companies represented over 90 per cent of the sector’s market capitalization growth with five American companies generating more than 80 per cent of all value created in US retail.

Super 25 expand market cap with diversification and expansion

The companies clubbed under the Super 25 category are 12 times bigger in size and have average market capitalization of $122 billion. They can be divided into four categories: home-economy players, value retailers, online specialists, and platform players.

In the home improvement category, companies like Home Depot and Lowe’s and furnishings provider RH (formerly Restoration Hardware) increased their market capitalization by 11 per cent while the market cap of value-oriented retailers such as Costco, Dollar General, and the TJX Companies gained 10 per cent during this period.

The combined market capitalization of leading e-commerce specialists in the Super 25 grew by 192 per cent and contributed 5 per cent to the industry’s market-cap growth. These companies included regional online retailer Zalando and niche companies such as pet products supplier Chewy and crafts marketplace Etsy.

Besides companies benefitting from the consumers’ changing demands, another group that managed to blur industry lines were Shopify and Square that added $165 billion in market capitalization since February 2020. These companies used scale and expandability of their business models to generate higher returns. They focused on diversifying and expanding their product basket beyond the traditional range.

Three Chinese companies—Alibaba, JD.com, and Pinduoduo—delivered 29 per cent of the global retail industry’s market-cap growth through the peak months of the pandemic. They were aided by digital facilities such as short videos and live streaming that helped fuel sales. These companies invested in new business models, such as community group buying to attract high-frequency grocery shoppers, particularly in smaller cities.

E-commerce platforms outside China including Reliance Industries and Mercado Libre grew their market capitalization by 11 per cent while the capitalization of Alibaba grew 6 per cent and that of Amazon added by 62 per cent

An aggressive approach needed to target specific customer needs

Consumers’ buying and consumption patterns underwent a huge transformation in the past 16 months. Retailers who managed to cater to these needs through agile working styles and fast decision making, surged ahead of their peers Platflorm players including Walmart, Home Depot, Alibaba and JD.com, were able to expand their offerings and deepen their relationships with consumers.

Retailers lagging behind need to adopt an aggressive approach to target specific customer needs and occasions. They need to increase the value and size of their product basket besides optimizing ware¬housing and delivery efficiencies, and intro¬ducing smart offers to drive customer loyalty. They also need invest in newer delivery models, exit lagging categories and focus on booming areas of growth. Such bold initiatives will help retailers emerge from present economic crisis and maintain their edge over competitors.