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Big retailers should focus on ‘value’ to help tide over crisis

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…

COVID-19: Companies to walk the tight rope balancing profits, human rights

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’

‘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…

Sourcing Lessons: A positive business environment to help tide over crisis

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

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…

Cambodia’s EBA Withdrawal: An opportunity to streamline, diversify operations

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…

Clothing rental and resale market face tough times as consumers stay home

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…

Testing times for global apparel trade and sourcing as exports stagnate

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

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

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 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

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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