Big retailers should focus on ‘value’ to help tide over crisis
With customers dwindling and stocks rising, the retail sector was already facing a crisis. Covid-19 has only added to their woes. The pandemic has forced people out of public sphere as only stores selling essential goods remain open, department stores are worst hit. Major retailers like Nordstrom, Macy's, J.C. Penney ... Read more
COVID-19: Companies to walk the tight rope balancing profits, human ri…
Times are tough as textile and apparel companies across the world are being forced to swim against the tide. As a recent blog co-published by the Business & Human Rights Resource Centre and the Harvard Kennedy School- Corporate Responsibility Initiative, notes the onset of COVID-19 is forcing companies to walk on a... Read more
‘With demand compression it is sensible to conserve cash’
Thomas Verghese, Former-Chairman, CII Marketing, Retail and Textile Councils “Lack of credibility and trust will lead to many large brands looking for alternative sourcing to China but I do not think any country is equipped to replace China including India. India does not have that kind of capacity to... Read more
Sourcing Lessons: A positive business environment to help tide over cr…
China‘s initial experience with COVID-19 highlights some important lessons in supply-chain management. Some of key lessons included sources of supply related to materials, having contingency plans for interruption supply, and understanding the capabilities and vulnerabilities of critical elements within the value... Read more
Exports gloom, as production booms in China: Latest Survey
China National Textile and Apparel Council (CNTAC), the voice of the textile industry in China, issued a survey report on Friday April 3 for a close look at the reignited production status due to the impact of coronavirus outbreak this year. CNTAC organized a series of online surveys to monitor the production graph, an... Read more
Cambodia’s EBA Withdrawal: An opportunity to streamline, diversify ope…
Last month, the European Commission partially withdrew tariff preferences granted to Cambodia under the EU’s ‘Everything But Arms” (EBA) scheme. EBA grants least developed countries such as Ethiopia, Bangladesh and Myanmar, duty- and quota-free access to the European single market. According to Draper... Read more
Clothing rental and resale market face tough times as consumers stay h…
As both retailers and consumers are grappling with the effects of COVID-19, rental platforms like Rent the Runway and RealReal are also facing a shortage of orders. Demand for rented work wear and occasion wear is drying up as conferences, weddings and other events are being canceled across the board. This can be... Read more
Testing times for global apparel trade and sourcing as exports stagnat…
As the dark clouds of Covid 19 continue to hang over global economy, the situation in global apparel sourcing and trade is worsening. From lack of raw materials, the industry is rapidly shifting to orders being cancelled. With stores across the EU, US, Asia being shut, retailers are being forced to either postpone or c... Read more
Xinjiang bounces back with planning of 0.5 mn ton PET project
Amid global pandemic outbreak, there comes an encouraging news, for laying down foundation stone on March 29, 2020, for a breakthrough investment Polyester fibre (PET) production with the capacity of 500,000 tons per year in Bayingol Mongolian Autonomous region of Xinjiang. Local leaders and in... Read more
Moda to co-host SS21 edition alongside Autumn Fair in September
Amid challenging times, Moda, the heart of UK fashion, has decided to push back the date for the show to September. The SS21 edition for the show, which was originally planned for August, will now take place from September 06-08, 2020 at The NEC Birmingham. This move reflects organiser Hyve Group’s commitment to... Read more
COVID-19 makes fashion industry more flexible and swift
Covid-19 is having a tremendous impact on the global textile and apparel industry. As Andreas Kelsch, Sales Director of Turkey-based Be Ma, reveals, be it at trade fairs, which are witnessing fewer visitors or production and delivery delays, the pandemic is impacting all aspects of business. Impact on the entire value... Read more
Inditex ramps up Asia operations
Inditex SA’s main import and export airport hub in Spain is ramping-up as business in Asi... Read more
Munich Fabric Start to hold fairs on schedule
Munich Fabric Start (MFS), the international fabric trade fair, is organizing the next two fair... Read more
Levi Strauss to furlong staff as profits decline
Levi Strauss plans to use the pandemic as an opportunity to come out stronger on the other side... Read more
Convid-19: IAF urges for supply chain solidarity
In the face of the Covid-19 crisis, the International Apparel Federation (IAF) has urged the ap... Read more
Convid-19: Apparel production halts in Tirupur
The Covid-19 pandemic has completely halted production in Tirupur with payments delayed for the... Read more
Clarks to shut few stores permanently
British shoe brand Clarks is planning to permanently close some of its stores as the footwear r... Read more
H&M, M&S cancel billions of dollars of Turkish orders
Turkish clothing exports may slump almost 80 per cent as global brands cancel billions of dolla... Read more
PETA purchases stocks of apparel companies to ban harmful materials
PETA has purchased stocks at nearly a dozen fashion and apparel companies in the hopes of pushi... Read more
Levi's opens most stores in China
Levi Strauss & Co hased open majority stores in China, where the COVID-19 outbreak first em... Read more
PETA purchases stocks of apparel companies to ban harmful materials
PETA has purchased stocks at nearly a dozen fashion and apparel companies in the hopes of pushi... Read more
Levi's opens most stores in China
Levi Strauss & Co hased open majority stores in China, where the COVID-19 outbreak first em... Read more
India pledges 23 billion package for garment workers
India - which has about 4,070 confirmed cases and at least 107 deaths - has pledged a $23 billi... Read more
PRGMEA, PHMA appreciate exemption of textile industry from lockdown
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Pakistan H... Read more
India’s Buying Agents Association urges global buyers to retain export orde…
India’s Buying Agents Association (BAA) recently appealed to large international companie... Read more