As per a report by textileexcellence.com, in contrast to world exports, India’s exports of baby garments increased 4.90 per cent in 2019. The country accounted for a 12 per cent share in world babywear market. Of all, knitted apparels were the most exported items with its exports growing by 9.64 per cent to $927.61 million over the previous year. However, exports of babies’ woven garments declined by 10.70 per cent to $229.82 million in 2019.

Babies’ garments made from the cotton fibers traded most during the year. Exports of these garments grew by 9.52 per cent to $ 77.01 million in 2019 over the previous year. Under this segment, export of knitted garments grew 9.84 per cent to $708.64 million in 2019 over the previous year. While exports of woven cotton apparels grew by 8.18 per cent to $163.37 million. The second most exported fiber for babies’ wear from India is other textile material fiber. Under this fiber, the export of knitted garments grew by 9.36 per cent to $165.98 million while those of woven garments declined by 29.4 per cent to $ 36.76 million.

India’s exports of baby wear made from synthetic fibers recorded a significant drop of 33.73 per cent to $77.68 million in 2019 over previous year. Under this fiber, knitted garment exports totaled $52.99 million with a negative growth of 21.62 per cent in 2019.

US, UK remain top export markets for India

US was the largest export market for India’s baby wear in 2019. India’s exports to the US grew 35.77 per cent to $292.78 million in 2019. Knitted cotton babywear was the most exported commodity in this segment with exports totaling to$215.85 million in 2019.

UK was the second largest market for India’s babywear exports in 2019. India’s exports of knitted cotton garment exports declined by 2.89 per cent to $149.62 million in 2019. Exports of knitted babywear of other textile material grew by 8.25 per cent to $19.34 million in 2019.

UAE was the third largest market for this commodity for India. However, India’s exports during the year fell by 29.82 per cent to $114.73 million in 2019. In this category, knitted garments made of synthetic fiber were more in demand with its exports totaling $40.42 million. India’s exports of knitted babywear to Poland increased 38.46 per cent to $ 27 million in 2019. In this category, exports of knitted cotton garment by 65.32 per cent to $15.81 million in 2019.

World babywear market declines by 4 per cent

In contrast to India’s exports, the world exports of babywear declined by 3.99 per cent to 9,808.03 million in 2019. US led the world market for babywear during the year with its babywear imports totaling $2245.86 million in 2019. China was the largest supplier of babywear to the US, followed by Cambodia, India, Vietnam and Bangladesh. China’s exports to the US fell by 13.75 per cent to $779.25 million. Around 67 per cent of the total exports of babies’ garments exported to US from China were cotton knitted ones. The US accounts for 54 per cent share in Cambodia’s total export of babies’ garments and it the only major market for Cambodia. Cambodia’s exports to the US totaled $246.03 million with a growth of 24.39 per cent in 2019.

Mustafa Guitepe, Chairman, Istanbul Textile and Apparel Exporters Association (ITKIB), said the industry witnessed a 16.5 per cent year-onyear (YoY) contraction in exports between January and July. Hence, the government should provide financial support, including tax exemptions and debt delays, to help the sector remain competitive during the COVID-19 pandemic.

The sector initially set a target of a 10 per cent rise in exports for 2020, but had to revise the projection after orders drastically declined in March following the global spread of the virus. There was a 27.4 per cent contraction in March and 61.6 per cent in April. In May, exports declined by 48.2 per cent, meaning exports decreased by 26.1 per cent in the first five months compared to last year.

The sector recorded an upward trend in July, however, posting a 25 per cent increase in exports thanks to the gradual reopening of world economies and the rapid recovery in the European Union markets. The industry is seeking the lifting of customs duties, recently introduced for importing intermediate products like zippers, buttons and fasteners used in textile factories.

New research from Placer.ai, the consulting service that monitors retail foot traffic, shows that shopper visits to Macy’s , JC Penney and Dillard’s all started to trail off in July following substantial gains in the two months before.

At each of the three national retailers, store traffic began to fall starting in the second half of June and continuing to July. Prior to that the department stores saw impressive gains as they reopened and consumers began to emerge from stay-at-home requirements. While none of the stores were hitting 2019 levels they were edging closer until pandemic numbers began to rise again.

Macy’s growth stalled with COVID resurgences and the brand appears to be increasingly affected by the ongoing impacts of the pandemic. Penney is following a similar path while Dillard’s mid-July visits generated some of the lowest traffic across the weeks measured.

Placer.ai concluded, the success of this sector – at least in the short term – will depend on the government’s ability to effectively control the impact of the pandemic.

As per Apparel Resources, US’ brassieres imports grew by 13.86 per cent in June ’20 over May ’20 to $124.30 million. China, Bangladesh, India and Sri Lanka were the biggest exporters, while other major shippers such as Vietnam, Thailand and Cambodia couldn’t tap growth. On a yearly basis, US’ imports fell 36.19 per cent in June ’20 over June ’19.

China’s exports of brassieres grew by 19.47 per cent in June ’20 to clock $50.10 million. Vietnam was the second top shipper of brassieres to the US. However, its exports fell by 30.21 per cent to $24.40 million. On the other hand, the country noted a 16,07 per cent growth in exports on a yearly basis over H1 ’19.

The exports of Sri Lanka surged by 346.38 per cent to $13.26 million worth of brassieres to the US in June ’20 as compared to just $2.97 million in May’20.

The exports of India and Bangladesh too grew significantly on M-o-M basis by 234.48 per cent and 87.28 per cent, respectively. India’s brassieres exports to the US valued $4.85 million in June ’20 as compared to US $ 1.45 million in May ’20. Bangladesh exports brassieres worth $4.34 million in June ’20 as compared to $2.32 million in May ’20.

A new report by Coresight Research says, though retail sales have been growing year-on-year (Y-o-Y) in the US, the UK and Germany, apparel sales have been highly negative in June. Malls in the US have been massively hit by closures of apparel stores and Chapter 11 filings by fashion giants like J Crew, JC Penney, Brooks Brothers, RTW Retailwinds, Tailored Brands, Neiman Marcus.

In the UK too, many apparel brands have collapsed into administration lately like M&Co, JD-owned Go Outdoors, Debenhams, etc. Though apparel stores have reopened in the US, the UK and Germany, consumers are still wary of going out. Hence there is huge dip in demand for apparels and fashion products.

Retail sales in the US in June shot up due to home-improvement demand – with sales touching nearly 23 per cent Y-o-Y in June. Even in the UK and Germany, sales for this sector saw growth in double digits.

The Uttar Pradesh government aims to double its MSME exports in the next three years to touch Rs 2.40 trillion. The state exported nearly Rs 1.14 trillion and Rs 1.20 trillion worth of MSME products during 2018-19 and 2019-20 financial years. Besides, the government aims to tap the lucrative global textile supply chain by providing a competitive avenue to international buyers, who are currently procuring textile and fabrics from China. It is holding discussions with UP-based units with regards to providing an alternative vendors base in UP to international buyers sourcing goods from China.

The government also plans to host virtual exhibitions (e-exhibition) during the current fiscal year 2020-21. Through these exhibitions, the state will offer help to exporters under the flagship Market Development Assistance (MDA) Scheme. The UP Export Promotion Council will also organize virtual exhibitions for the state exporting firms.

The sudden transition to working from home has undermined American retailers that sell dress clothes. Men’s Wearhouse, Jos A Bank, Brooks Brothers, Lord & Taylor, Ann Taylor, Loft and Neiman Marcus are among the retailers whose parent companies have entered Chapter 11 bankruptcy in recent weeks, having experienced a sudden drop-off in sales due in part to what industry leaders are calling “casualization.”

In 2011, Men’s Wearhouse accounted for 1 in 5 suits sold in America. Less than a decade later, demand for its suits has collapsed with its parent company Tailored Brands filing for Chapter 11 protection this month. The retailer plans to close up to 500 locations.

Revenue for men’s clothing stores is expected to decline by 13 per cent in 2020, according to research firm IBISWorld, and continue falling for several years. he pandemic has simply accelerated an ongoing pivot toward more casual wear in business, said Ray Wimer, an assistant professor of retail practice at Syracuse University’s Whitman School of Management.

Some retailers, such as women’s apparel chain Chico’s have benefited from earlier shifts toward more casual wear. But some retailers say the decline in celebratory events is hurting them more than the pivot toward casual wear in the work-from-home environment.

Retailers that specialize in dress clothes are adjusting their strategies to avoid going out of business altogether. Brooks Brothers recently announced a tentative deal to sell itself for $305 million to SPARC Group, a conglomerate including mall owner Simon Property Group and Authentic Brands, which used a similar strategy to rescue fashion chain Aeropostale.

Last month, retailers across the globe adjusted 258,300 jobs to employ 14.8 million at specialty stores. Economic recovery also led to 1.8 million more jobs in the sector as unemployment rate fell to 10.2 percent from 11.1 percent in June. Nearly half of the retail job gains during the month came from apparel and accessories specialty stores, which added a seasonally adjusted 120,800 jobs last month to employ 924,500. Department stores increased payrolls by 45,100 to 1 million.

Despite improvement, troubling unemployment figures still play into a rough cycle that is made all the more brutal by the Coronavirus and is bearing down on fashion and the broader economy. Among the latest to get trapped were Lord & Taylor parent Le Tote and Tailored Brands, which filed for bankruptcy recently. While Tailored Brands is likely to scale back operations, Le Tote plans to liquidate its assets.

Even retailers that are managing to stay afloat through the crisis are expected to muddle along. Moody’s Investors Service doesn’t expect operating profits in retail to come back to pre-COVID-19 levels until 2022 — at the earliest.

The Sustainable Apparel Coalition’s latest edition of the Higg Material Sustainability Index (MSI) shows the environmental impact of polyester has fallen from 44 to 36 – making it by far and away the most sustainable fiber on the planet. Meanwhile, Higg’s continues to attach the silk industry as its environmental impact per kilo has risen from 681 to 1086 per kilo.

SAC offers no explanation for changing the scores for silk and polyester. It remains secretive about the underlying LCA data on which the new scores given to silk and polyester are based

Kassatly argues that the Higg MSI cannot be trusted and lacks all credibility because, among other things, it ignores socioeconomic impact, it is cradle to grave only and it ignores the appalling environmental impact of polyester microfiber shedding.

A report by e-commerce aggregator, iPrice Group reveals Southeast Asians are looking for high-end brands online even more so after the pandemic struck. The report noted that as the region’s consumers are restricted from visiting physical stores due to the virus, there is an increase in Google impressions on the top luxury and sports fashion brands on iPrice’s platform.

Comparing January and February’s impressions versus May and June’s, iPrice concludes that French luxury retail brands garnered the most interest amongst consumers during this period. Their demand for skincare products increased by 1,205 percent while demand for bags increased by 877 percent.

Demand for Louis Vuitton’s products increased by a whopping 555 percent followed by demand for Yves Saint Laurent and Chanel products. The iPrice report found Southeast Asians are investing in luxury watches during the pandemic. Searches for luxury watch brands Rolex and Tudor were 160 per cent and 51 percent respectively during this period.

Although industries and livelihoods have been severely affected by the pandemic, interest in fashion brands has not wavered, as proven by the iPrice study. Southeast Asian consumers are still searching for luxury and fashion items. In China where consumers account for roughly one-third of global luxury sales, brands are now launching aggressive digital campaigns to cushion the coronavirus blow. Luxury brands such as Cartier, Montblanc and Prada have set up online shops in China in order to reach out to consumers from a distance.