Apparel

Global contents also translated in Chinese

US consumers most affected by Trump’s tariffs and ongoing trade war

"Around 23 years ago, the General Agreement on Tariffs and Trade (GATT) was refurbished as the WTO with almost every country in the world joining the organisation. As per agreed norms, trade tariffs amongst member countries are reduced through negotiations and the agreed rates applied uniformly to all trade partners. H... Read more

Buyer-Seller Meet to promote India-Scandinavia trade relations

The Export Promotion Council for Handicrafts (EPCH) with the support of Embassy of India in Denmark and office of Development Commissioner (Handicrafts) organised a Buyer-Seller Meet from November 19-20, 2018 in Copenhagen, Denmark. The council is the nodal agency for the promotion and development of handicrafts export... Read more

Melbourne’s International Sourcing Expo opens today with strong Indian…

"The 9th edition of the International Sourcing Expo, co-located with the 3rd edition of the Footwear and Leather Show will be held from November 20-22, 2018 at the Melbourne Convention & Exhibition Centre. The three day event will be Australia’s premier international sourcing show for apparel, textiles, footw... Read more

Opportunities open up as global textiles supply chain heads for recali…

"Arvind Ltd will demerge some of the brand’s business and engineering business in about a month’s time. The company will relist the engineering and business in January 2019. “We are excited about the opportunity in the textile business as the world is heading for a large recalibration of supply chain ... Read more

Pakistan should develop its apparel sector to solve myriad issues

"Due to a massive crisis in its balance of payments (BoP), Pakistan is facing immense pressure on its Forex reserves. The country’s dollar reserves have fallen to $8,408 million, sufficient only to cover its import bill for few months. To buttress these depleting reserves, the country’s finance minister pla... Read more

Yoga pants conquer closets in the US, boosts fabric innovations

"The first pair of yoga pants for women were sold by Lululemon in 1998. A mix of nylon and Lycra, these pants were synthetic elastic fibers that provided the stretch and softness needed to manage all those sweat-inducing contortions during a lengthy session on the mat. Twenty years laters, yoga pants have conquered the... Read more

Facing tough times, exporters in Tiruppur, India bank on falling rupee…

"Tiruppur’s garment industry, which has around 3,500 small, medium and large garment manufacturers, generates around Rs 45,000 crore ( US$ 6.16 bn) every year until last year, it had been growing at a rate of 20 per cent year-on-year. After GST was implemented, the 5.5 per cent excise rebate was included in GST. ... Read more

'Not the US, more people elsewhere, own denim'

"Filled with themes and variations that will help create $130 billion sales by 2021, the blue jean is an American original with a global appeal. Consumers, around the world, own an average of 5.4 pairs of blue jeans. It would therefore be natural to expect United States to own the highest per capita in blue jeans, give... Read more

India’s textiles and clothing market, including exports grows in 2018

"As per key findings of the annual ‘Market for Textiles and Clothing (MTC)’: National Household Survey 2017, the overall market size of textiles and clothing including exports increased to $146.63 billion in 2016 and further to $164 billion in 2018. Aggregate demand for textiles & clothing was 41.06 bil... Read more

Revolutionising the clothing re-commerce market, some players take lea…

"As re-commerce, when particularly executed by partners, unleases a low-risk, high-reward market for goods, and offers a straightforward path into a more circular business model, clothing brands are increasingly turning to re-commerce partners to tap into secondary markets. As thredUp's 2018 Resale Report indicates, th... Read more

Bangladesh denim exports report healthy growth as it goes beyond China

"According to the US Office of Textiles and Apparel (OTEXA), from January to September 2018, Bangladesh witnessed a 14.20 per cent increase in its export earnings to the US; i.e. from $367.10 million to $419.21 million during the same period of 2017. China on the other hand earned a $683 million from exports a hike of ... Read more

From Casual to Chic: Streetwear comes of age

"Katie Smith, Retail Analyst and Insights Director, Edited points out the shift towards more comfortable and functional clothing led to an increase in activewear as a trend. According to the Cotton Council International & Cotton Incorporated’s activewear study, about 3 out of 5 consumers have adopted activewe... Read more

CMAI Apparel Index : Q2 records lowest ever growth at 0.18, Small bran…

"CMAI’s Apparel Index for Q2 (July-Sept FY 2018-19) indicates growth has fallen to almost a no growth level and touched 0.18 points. It is the lowest ever, in last five years. Small brands are the big losers with negative growth of -1.71 points. However, big brand’s (Mid, Large and Giant together) cumulativ... Read more

Positive sales predicted for apparel industry despite US-China trade w…

"In face-to-face interviews conducted with 234 buyers and 72 exhibitors, Centrestage, a fashion brand-promotion, launch platform and trade exhibition organised by the Hong Kong Trade Development Council (HKTDC) noted that many industry players are optimistic about their sales prospects over the next 12 months. Around, ... Read more

Asia Pacific to dominate global knitwear market by 2026

"A new market report by Transparency Market Research titled ‘Knitwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-26 reveals the global knitwear market is expected to expand at a CAGR of 5.3 per cent from 2018 to 2026 reaching $817,402.7 million by 2026. In terms of vo... Read more

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