FW
Nigeria hopes for cotton bonanza
Nigeria is aiming to produce up to 4,50,000 metric tons of cotton in three years. This is part of an effort to revive the textile and garment industry. Up to 3,00,000 farmers will be engaged to achieve this aim in 26 out of the 36 states of the country. Six thousand metric tons of cotton seed have been imported and an additional 2000 metric tons have been sourced locally.
The total expected yield at the end of the current season is 3,02,440 metric tons. Nigeria is aiming at accelerating a sustainable increase in the production and processing of cotton. The cotton sector aims at increasing production by 20 per cent as farmers are encouraged by better returns due to increasing cotton prices and improved yields. At one time Nigeria’s textile industry created over 8,00,000 jobs, representing 25 per cent of the total number of jobs in the manufacturing sector. There were 175 textile mills in the country during its golden era (i.e. 1985 - 1991) out of which all but 27 of them have gone under. Key challenges affecting the sector are lack of cotton lint, smuggling and counterfeiting, inadequate infrastructure, limited access to power and funding. Funds needed by manufacturers to recapitalise have been hampered by the high interest rates charged on loans by financial institutions.
Sri Lanka to host Intex South Asia this November
Intex South Asia will be held in Sri Lanka, November 13 to 15, 2019. This is the only international textile sourcing show in South Asia, where buyers from around the world meet with quality suppliers. Suppliers from 12 countries and regions will showcase yarns, apparel fabrics, denim fabrics, chemicals, clothing accessories and allied services. A textile dyes and chemicals zone from India will host leading textile chemical, dyes intermediates, pigments and auxiliaries companies. With the inclusion of this pavilion, Intex South Asia has successfully integrated the textile value chain at a single global trading platform.
The Interactive Business Forum will deliver high quality market intelligence to support industry efforts to upgrade, move up the value chain and better understand intra-regional trade and help manufacturers gain a competitive edge. The forum will feature workshops covering a range of topics, including the latest trends, market developments and technological advances in the industry and enable all to access current global market intelligence.
There is a clear shift from the west to the east. While western economies are slowing down, the economies of South Asia are among the fastest growing in the world. Industry and businesses are coming to this region and Intex South Asia aims at speeding up this process.
Harsh times for garment workers in Eastern Europe
Garment workers in Eastern Europe are coping with difficult conditions. Romania is one of Europe’s biggest garment producers and the sector is among its top exports. European fashion brands have long found a foothold in the Eastern European country, with at least 4,00,000 people employed in the industry. But a large number of Romanian garment workers are living on the poverty line, earning below the minimum wage as they are regularly abused by the factory owners. Overtime, up to 15 hours a week - often goes unpaid in Romania. Factories are poorly ventilated. Managers deny basic human rights and barely allow toilet breaks. Changes to the country’s tax code have also added to the workers’ challenges. In January 2018, the burden of social contributions payable by the employer was shifted to the employee. The new provisions, while decreasing income tax from 16 per cent to ten per cent, now provide 35 per cent in mandatory social contributions to be paid by the worker. The new fiscal move hits people who are at a higher risk of poverty. Romania’s poverty rate is already ten per cent higher than the EU’s average.
Bulgaria’s garment and textile sector accounts for around 10 per cent of the country's total exports. But unpaid salaries over the years have seen protests erupt. When Bulgaria joined the EU in 2007, there were 1,65,000 textile workers. Today only 90,000 remain.
Indian cotton stocks build up
Cotton stocks are building up in India due to sluggish exports and fresh crop arrivals in Punjab, Haryana and Rajasthan. A cotton output of 7.5 million bales is expected in Punjab, Haryana and Rajasthan, compared with 6.5 million bales last year. Cotton spot rates are hovering around the minimum support price for the commodity, down eight per cent to ten per cent from a year ago. The domestic cotton market is also suppressed due to headwinds in exports of cotton yarn, but demand for cotton seeds and better quality of fiber this season are managing to keep prices from slipping further.
Indian prices have to come down to buttress sagging exports of cotton yarn. Either domestic cotton prices needs to be at par with international prices to arrest the fall in exports or the currency valuation of the rupee and the dollar needs to be favorable for the trade. A good crop is anticipated in the current year as the condition of the standing crop is good. If the favorable weather keeps up, a record output and a high quality of cotton is expected this year. The condition of cotton plantations across the country is good and a record harvest is on the cards.
Ethiopia textiles and apparel exports up 32 per cent
Ethiopia’s exports of textiles and apparel grew 32 per cent from 2012 to 2016. The share of textile and garment exports in the country’s total exports grew from 2.46 per cent to 5.46 per cent during the same period.
Ethiopia is transitioning from an agriculture-based economy. The textile-apparel industry is a significant element of the economy, in both financial and social terms, as it is a major source of employment and foreign exchange. Cotton consumption in Ethiopia is expected to increase in the coming years as a result of expansion in the textile industry due to foreign investment from countries such as China, India, and Turkey, among others. The Ethiopian cotton sector currently meets 70 per cent of the domestic industry’s raw material requirements. Several foreign companies have committed to investing in industrial parks to accelerate textile production and garment manufacturing. There are at least a dozen spinning mills in the pipeline to address some of the expected demand for yarn. These planned facilities, plus the 15 existing spinning mills currently operating, will bring the country’s installed annual processing capacity of lint cotton to 2,00,000 metric tons.
In sub-Saharan Africa, cotton-producing countries export about 90 per cent of their fiber.
Cotton USA offers material innovations
Cotton USA showcased it latest innovations at Première Vision in Paris, France, held from September 17 to 19, 2019. The innovations on offer included new performance materials and origin tracing technology. The aim is to inspire the textile industry with new ideas, technologies and opportunities that propel businesses forward and help its partners rise to meet growing customer expectations and build business opportunities. Becoming a Cotton USA licensee can benefit businesses. The Cotton USA mark is of high value to consumers and can drive both preference and higher prices. Cotton USA is dedicated to providing the entire supply chain with networking opportunities, ongoing education, and the latest research and technological innovations. This is a platform that not only promotes close collaboration between upstream manufacturers with fashion designers, but also showcases denim fashion that combines art, technology and innovation through the creativity of designers.
Cotton USA is a part of Cotton Council International (CCI), a non-profit trade association that promotes US cotton fiber and manufactured cotton products around the globe. CCI’S reach extends to more than 50 countries through 20 offices around the world. With more than 60 years of experience, CCI’s mission is to make US cotton the preferred fiber for mills/manufacturers, brands/retailers and consumers, commanding a value-added premium that delivers profitability across the US cotton industry and drives export growth of fiber, yarn and other cotton products.
Brands gear up to tap the growing female sportswear market
"Women power is gaining prominence in 2019 as many female sportspersons are setting records in some of the world’s historically male sports. This was particularly evident when Cori ‘Coco’ Gauff become the youngest player to qualify for Wimbledon and the USA’s women’s soccer team won their second consecutive FIFA World Cup title. Also, more women now occupy high level positions like head coaches and even as owners of male dominated sports teams."
Women power is gaining prominence in 2019 as many female sportspersons are setting records in some of the world’s historically male sports. This was particularly evident when Cori ‘Coco’ Gauff become the youngest player to qualify for Wimbledon and the USA’s women’s soccer team won their second consecutive FIFA World Cup title. Also, more women now occupy high level positions like head coaches and even as owners of male dominated sports teams.
This growth in female sportspersons is being tapped not just by activewear but also other fashion brands. Edited’s retail data platform analysed the new offerings launched by brands for two of the most prominent US female team sports.
The data tracked over 500 new soccer related products. It noted that the vast majority of products stocked by
these brands included T-shirts and jerseys. The top two stockists included Fanatics and Dick’s Sporting Goods, which stocked 255 and 129 products respectively. Retailers like Walmart and Macy’s are also breaking into the top five list with their product offerings too. This trend suggests that there’s demand for this product and retailers are capitalising on it. This is encouraging retailers to stock more sports-related assortments, and align their drops around particular sporting events.
WNBA increases stock of women sports apparels
Founded in 1996, the WNBA recently increased its stock of women sports apparels by 261 per cent YoY. The league procured its apparels from not just existing goods retailers but also first time investors. Its pricing structure for buying these apparels has also changed with the price of its cheapest garment decreasing from $22.00 last year to $7.99 this year. However, price of its most expensive garment has increased from $75.00 to $139.99. The average full price commanded by the brand has risen dramatically, while its number of products discounted has declined.
Growing market influences brands to launch new styles
The sportsworld has not just influenced the runway but has successfully translated well into the mass market. For example, many brands launched new sports jerseys as a part of their Spring ’20 collection. They also introduced new athleisure styles. For instance, Nike, which earlier stocked only $35.00 Dri-Fit t-shirts, now offers premium $100.00 WNBA jerseys.
The growing popularity of sports apparels makes it necessary for brands to launch innovation trends in this sector. Edited helps these brands to achieve this goal besides helping them to monitor new upcoming market trends.
Brands look for a seal of approval with sustainability certificates
"With most brands today swearing by their sustainability initiatives, it has become difficult for retailers to distinguish between genuine and fake adopters. Therefore, retailers are now planning to acquire sustainability certificates that help them establish and enforce their environmental quality standards. These certificates enable brands to apply a seal of approval on their products and its packaging acts as social proof and validation for their efforts."
With most brands today swearing by their sustainability initiatives, it has become difficult for retailers to distinguish between genuine and fake adopters. Therefore, retailers are now planning to acquire sustainability certificates that help them establish and enforce their environmental quality standards. These certificates enable brands to apply a seal of approval on their products and its packaging acts as social proof and validation for their efforts.
A recent research by PEFC shows over 80 per cent consumers prefer to shop from brands that use labels on their products to communicate about their responsible sourcing practices. Similarly, 54 per cent consider these certificates to be the strongest proof of their environmental and sustainable practices.
Certificates add a competitive edge, communicate brand value
Another research firm HBR also notes this approach of integrating certificates within their brand messages and
on product labels is a powerful way to influence consumers purchasing behavior. These certificates give a competitive edge to brands that have made sustainability inherent to their operations. They not only communicate the brand’s value but also make consumers’ purchasing decisions easier. This is the reason why more retail brands are planning to apply for such certifications in future. A case in point is Fashion brand Faherty, which recently applied for the Bluesign certification. This certificate focuses on improvements around the manufacturing process of consumer textiles. It ensures consumer safety, low-impact product manufacturing, and the responsible use of resources.
Besides Faherty, European clothing brand Frances Austen is adopting the certification route. The brand’s cashmere yarn is spun by Italian cashmere producer Carriagi, which is Oeko-Tex Standard 100certified. It has also obtained the ISO 14001 Certification, which monitors its consumption of water, energy, paper, and plastic besides ensuring the presence of sustainable, environmentally-friendly standards.
These sustainability certificates add a layer of easy-to-grasp social proof for the brand’s consumers. However, consumers first need to be aware about the requirements of these certificates for which they need to ask approximate questions that hold the responsible holding these certificates truly responsible for the implied standards.
Fespa showcases latest innovations in the printing industry
Fespa was held in Mexico from August 22 to 24, 2019.
This digital and textile printing exhibition showcased the latest innovations and technologies of the printing industry in Latin America. It received more than 11,000 visitors. Exhibitors presented the latest product innovation for large format digital printing, screen printing, textile printing, sublimation, signage, garment decoration, finishing equipment and 3D printing. They used this exhibition as a platform to showcase their machinery, supplies and services and met and networked with customers from different sectors of the industry. Visitors came from the United States, Colombia, Guatemala, Costa Rica, Panama, Argentina, Brazil, Germany, Spain and Taiwan. Digital printing was one of the many interest areas for visitors, and 40 per cent came with the mission of buying machinery with new technology, while 30 per cent sought to discover new products. Fespa is a window for the Mexican market, where they can discover a portfolio of solutions. There is everything to support them in developing their business, including cost analysis, productivity and print quality. A series of events, conferences and workshops were featured by experts from the graphics industry. Print Make Wear allowed visitors to see the process of making a garment, from design to labeling and packaging.
Fespa is the global federation of specialised print, education and training. Every year the show continues to grow.
Indian customs dept to monitor Bangladesh trade bodies
The Directorate of Revenue Intelligence (DRI) has directed the customs to carefully scrutinise the origin of certificates issued for garments imported from other countries through Bangladesh. Garments that are being imported through Bangladesh from other countries take advantage of duty concessions offered under the free-trade pact.
There was concern over growing cheap imports from third countries through Bangladesh and that the agency wanted to ensure that imports from only Bangladesh were brought in. In August, the agency issued a show-cause notice on 83 garment consignments that were allegedly imported from third countries and routed through Bangladesh to avail of zero import duty. Also, the DRI fears that other importers would abuse the route and hence wants the customs to stay alert.
The customs department is also watching over garment imports entering the country through Bangladesh under the South Asian Free Trade Area agreement.
For import by other countries, a 30 per cent local value addition is mandated by the South Asia Free Trade Agreement in least developed nations. These local value addition rules are included in the trade pacts to ensure contribution to the exporting partner’s economy and local job creation through a criterion of very strict value addition, as well as to protect the importing partner.












