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India-Bangladesh rupee trade a mixed bag for both sides, say experts

India-Bangladesh rupee trade a mixed bag for both sides, say experts

  As India forges ahead towards becoming the world’s fifth largest economy it is ambitious about making it’s the rupee a global trading currency.  With the aim to decrease US dollar dependency, so far 18 countries have been allowed by the Reserve Bank of India to trade in Indian rupees and Ba... Read more

Despite interventions UK’s textile strategy yet to take off

Despite interventions UK’s textile strategy yet to take off

UK, the fourth largest producer of textile waste, has been losing its grip from being a nation that was leading in delivering key interventions through governmental policies for the fashion sector. On June 8, 2022, erstwhile Prime Minister Boris Johnson had expressed his support for the new 10-year Fashion Industry... Read more

UN’s playbook recommends end of excessive consumerism in fashion

UN’s playbook recommends end of excessive consumerism in fashion

In the real world, despite pledges and commitments, the fashion industry continues its various strategies and tactics to sell more. Social influencers are working overtime recommending ‘look of the day’ and ‘look of the occasion’. Digital engagements have found newer avenues like the Metaver... Read more

With AGOA ending in 2025, a new act should focus on strengthening regi…

With AGOA ending in 2025, a new act should focus on strengthening regional textiles sector

With 2025 its date of expiry drawing close, the African Growth and Opportunity Act (AGOA) that gives duty-free benefits to goods of designated sub-Saharan African (SSA) countries, is now set for a change for better or worse. The AGOA legislation was approved by the US Congress in May 2000 and signed by President Cl... Read more

European Parliament’s takes the lead with its new sustainability norms…

European Parliament’s takes the lead with its new sustainability norms for garment industry

The Environment Committee of the European Parliament has made its stance clear – the time has arrived for the model of ‘take, make, dispose’ that harms our planet, our health and our economy -- to end it once and for all. Well over a year ago, the committee had put forward a proposal for a regulat... Read more

Euratex wants European Parliament to take a realistic view of issues f…

Euratex wants European Parliament to take a realistic view of issues facing the sector

The European textile sector is miffed with the European Parliament as it’s acknowledging the efforts put in by the sector to be aligned to EU Strategy for Sustainability and Circular Textiles. When European Union law makers adopted the report on the strategy published in Brussels on June 1, the general feedba... Read more

China’s stockpiling move fails to boost cotton prices

China’s stockpiling move fails to boost cotton prices

To boost recovery of China’s cotton market, Beijing aims to buy half a million tons of Xinjiang cotton for state reserves. China’s cotton market has been on decline ever since US announced ban on cotton made in Xinjiang. Beijing has announced plans to buy between 300,000 and 500,000 tons of Xinjiang cott... Read more

Focus on priority sectors can help Nepal achieve LDC targets

Focus on priority sectors can help Nepal achieve LDC targets

  Despite being confronted by unfavorable conditions, Nepal, has made significant socio-economic progress in the last few years. However, it has demonstrated an absurd growth curve where below average economic growth is being supported by a sharp reduction in poverty. As per a report by Himalaya Times, in the l... Read more

A new year’s gift to the industry as government defers GST hike on tex…

A new year’s gift to the industry as government defers GST hike on textiles

  Smiles are back on the faces of textile industry leaders as the GST Council has unanimously deferred its proposed hike to GST rates on textiles. The GST rate hike on textiles from 5 to 12 per cent was to come into effect from January 1. The decision to defer the hike was made at the 46th meeting of the GST Co... Read more

Brand accountability calls for collaborative efforts by suppliers

Brand accountability calls for collaborative efforts by suppliers

   For decades, suppliers have been made a scapegoat by fashion companies and the same is true during COVID-19 as well. Taking undue advantage of the ongoing pandemic, companies have either been exploiting the loopholes in their contracts to cancel orders or voluntarily changing the terms of supplier agree... Read more

Pakistan eyes $28 billion textile exports by 2025

Pakistan eyes $28 billion textile exports by 2025

"The recently approved Textile Policy 2020-25 of Pakistan sets an ambitious target of increasing the country’s textile exports to $28 billion by 2025. To achieve this target, the country aims to boost cotton production from nine million bales to 20 million bales within five years. It also aims to improve the qual... Read more

Despite FDI relaxations, single brand retailers choose local partners …

Despite FDI relaxations, single brand retailers choose local partners for India

"The Department for Promotion of Industry and Internal Trade (DPIIT) recently clarified that single brand retailers, owned by foreign companies, can fulfill their local sourcing requirements by procuring goods produced in units based in special economic zones (SEZs). It further clarified these goods to be sourced by th... Read more

Vu Ba Phu, Director General, Vietnam Trade Promotion Agency (Vietrade), on the new trade show VIATT and its association with Messe Frankfurt

“The Vietnam Trade Promotion Agency (Vietrade) recognized the need for an international trade exhibition in Vietnam and approached Messe Frankfurt to organize it. The event, Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) aims to strengthen trade relations between China and Vietnam, as well as other countries in the region. It is expected to be an annual event and will showcase a wide range of products, including home interiors, textiles, garments, fabrics, and garment technology. The goal is to create a collaborative environment rather than a competitive one, with the aim of benefiting the entire Asian textile industry”.

Alexandro Barberis Canonico President Milano UnicaAlexandro Barberis Canonico, President, Milano Unica, on impact of the pandemic on the textile industry and the return of Milano Unica to the Intertextile Shanghai fair. 

“Market is slowly recovering and luxury products are still performing well. Italian manufacturers are focusing on niche markets and special fibers, such as cashmere and vicuna. Creativity and sustainability are important factors for Italian manufacturers, who are investing in the Chinese market. The exhibition response has been positive, with better figures than in 2019. The trends in the Chinese market are about functional fabrics and the use of natural fibers”. 

Yuko Watanabe Director International CommunicationYuko Watanabe, Director International Communication, JFWO on business scenario in japan

 “Japanese domestic market, particularly in the department store and textile industries, is facing challenges due to the pandemic and rising costs. Although, online shopping is growing but offline stores are struggling. The weak yen has made exporting raw materials to China and other countries less profitable, while importing goods has become expensive. The tourism industry has also been affected, with only wealthy tourists able to travel to Japan, international tourism can help the domestic market to some extent, but it is not enough to fully recover”. 

Kim Bu Heung General Director of Korea Textile CenterKim Bu-Heung, General Director of Korea Textile Center, on business with Chinese market

“China had been a significant investment destination for Korean enterprises. However, the current low demand in China has translated into reduced exports and investment returns. This underscores the shift in China's textile landscape and its impact on neighbouring countries”.

Joshua Lane Regional Director Asia at Holland SherryJoshua Lane, Regional Director - Asia at Holland & Sherry, on Intertextile and the challenges brought about by the COVID-19 pandemic and the subsequent changes in market dynamics.

The Intertextile provided a valuable opportunity to assess market conditions, observe competitors, and gauge the recovery of the Chinese economy in the textile sector. 2023 has been marked by a more subdued global textile market, with China experiencing a slowdown, but not entered a recession but was gradually tapering off its growth trajectory. For the textile sector, however, globally the trend was still upward, with a growing demand for custom-made clothing from reputable European brands.

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Su.Su Kazan Russia
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Aida KaumeNOVA Kazakhstan
UMMAYA Grozny Russia
SAHARA Ufa Russia
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HADÁMI Makhachkala
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SANET Keewa Indonesia
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Abzaeva Gapanovich
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H&M to Resume Operations in Ukraine in November

  Swedish fashion retailer H&M announced on Thursday that it plans to reopen most o... Read more

India: National e-commerce policy nearing finalization

  The commerce and industry ministry is finalizing the national e-commerce policy. The ... Read more

Germany backs Philippines-EU trade talks for stronger ties

  Germany has expressed firm support for the revival of negotiations concerning a free ... Read more

'Make in India' initiative drives economic transformation, global investor …

  The "Make in India" initiative, launched in 2014, has been a major success. FDI in th... Read more

“NTBs, a growing threat to textiles trade”, says AEPC India

  Non-tariff barriers (NTBs) are increasingly proving to be a formidable weapon capable... Read more

Sri Lanka's apparel industry leaps ahead with sustainable compliance initia…

  Amidst the economic challenges confronting Sri Lanka and the introduction of stringen... Read more

India-UK free trade agreement nears realization

  India and the United Kingdom are making gradual progress towards formalizing a free t... Read more

India-Bangladesh trade in rupees to boost commerce

  India and Bangladesh have agreed to exclusively employ the rupee for their bilateral ... Read more

Shein achieves record sales 2023

  Despite facing multiple lawsuits and government scrutiny in the US, Shein has experie... Read more

Sri Lanka Seeks Added Duty Free Apparel Access To India

  Sri Lanka seeks a six-fold expansion of duty-free access for its apparel in India und... Read more

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

  Better Cotton, the world's largest cotton sustainability initiative, has provided f... Read more

VDMA opposes EU's PFAS ban

The VDMA, representing over 3,600 German and European mechanical and plant engineering compan... Read more

Zero Carbon co-locates with COP28 in Dubai

World Textile Information Network (WTiN) plans to co-locate Innovate: Zero Carbon with COP28 ... Read more

SAC Revives China Manufacturer Forums

Sustainable Apparel Coalition (SAC) is relaunching its Manufacturer Forums, starting with the... Read more

France promotes sustainable fashion repair

In a bid to combat the harmful effects of fast fashion and reduce waste, France has introduce... Read more

APTMA urges action on high energy costs

Pakistan's textile industry has seen a troubling 26% decline in cotton yarn and cotton cloth ... Read more

Brexit's Impact on UK Fashion: Report & Recommendations

A comprehensive report has been released, analyzing the consequences of Brexit on the fashion... Read more

Bangladesh-India: Rupee trade added to dollars

According to reports, there is a new arrangement that allows the use of Indian Rupees to cove... Read more

India Initiates Sustainable Textile Drive

India's government takes proactive steps to establish the nation as a global center for susta... Read more

FTA, Textile Cooperation Deliberated at EU-India Conference

The Europe India Centre for Business and Industry (EICBI) collaborated with Morten Lokkegaard... Read more

Indonesian Apparel Exports Soar 45.92%

The Indonesian textile industry, specifically the apparel sector, witnessed a remarkable surg... Read more

EU tackles textile waste, promotes sustainability by 2028

In a recent move, the European Commission (EU) has recognized the urgency to address textile ... Read more

EU Pushes Sustainable Fashion Regulations, 2028 Deadline

The European Commission is determined to enforce regulations for sustainable fashion by 2028,... Read more

China's Textile Exports Grow, Value Affected

China's textile and apparel exports grew year-on-year from January to May 2023, but the expor... Read more

Southeast Asia's garment trade declines

Garment and footwear trade between Southeast Asia and the United States is declining due to h... Read more

India: UK removes duty benefits, concerns rise

The UK's removal of duty benefits for Indian garment exporters under the new Developing Count... Read more

U.S. Urges Mexico on Worker Rights, Suspends Settlement

The United States has called on Mexico to examine allegations of workers' rights violations a... Read more

Philippines seeks US trade inclusion

The Philippine government is actively pursuing the inclusion of its garment exports in the re... Read more

Minister seeks collaboration for Cambodia-Japan FTA

Minister of Commerce Pan Sorasak called on all relevant parties to cooperate in exploring the... Read more

Preserve SVAT for Export Sector, urges JAAF

The Joint Apparel Association Forum (JAAF) has expressed deep concern and disappointment over... Read more

India's Sportech Industry: Tremendous Growth Ahead

India, led by Smt Darshana Vikram Jardosh, Hon'ble Minister of State for Textiles & Railw... Read more

RMG Exports in India Rebound

After a notable decline in April, India's ready-made garment (RMG) exports are rebounding in ... Read more

Bangladesh Textile Industry Seeks Clarity in Budget

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) expressed disappointme... Read more

European Parliament Tackles Fashion Industry's Harmful Effects

The European Parliament has taken a significant step in addressing the unregulated and detrim... Read more

USFIA joins other industry groups to voice concerns over 301 tariffs

The US Fashion Industry Association (USFIA) has joined other retail and fashion industry groups... Read more

Indonesia to use new technologies to increase textile industry competitiven…

Making Textile and Textile Product (TPT) industry, is one of priority areas in the Making Indon... Read more

Trade in rupee may not help apparel exports

Indian garment exports are not likely to get much boost from the new additional arrangements fo... Read more

Rebate scheme extended to 2024

The Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) has been extended till Mar... Read more

SIMA hails RBI’s decision on Exim trade with Indian rupee

The Southern India Mills Association (SIMA) has welcomed the RBI announcement on the internatio... Read more

India: Industry associations want GST hike to be scrapped totally

   Praising the Goods and Services Tax Council’s decision to poste GST hike ... Read more

PLI incentives guidelines out, its payable for only five years

PLI incentives guidelines out, its payable for only five years

     The incentive under the Production Linked Incentive scheme will be pa... Read more

India to have uniform GST from January 2022

   Uniform goods and services (GST) tax will be applied at 12 per cent on manmade ... Read more

India: ATUFS makes progress in settling claims

Out of the total settlements under the Amended Technology Upgradation Fund Scheme (ATUFS) since... Read more

West Bengal to make textiles into a 70,000 crore industry in 5 years

The West Bengal government aims to make the state’s textile industry into a Rs 70,000 cro... Read more

Simplfy rules in Simple Advance Authorization Scheme: AEPC

   The Apparel Export Promotion Council (AEPC) has urged the government to simplif... Read more

PLI scheme to boost India's share in global textiles market: CITI

   According to T Rajkumar, Chairman, Confederation of Indian Textile Industry (CI... Read more

Textie Ministry designs policy framework to promote handloom products

   Textiles minister Smriti Zubin Irani says textile ministry has designed a polic... Read more

Kenya’s KBES develops new protocol for import of used clothes

   As per a report by the Kohan Textile Journal, Kenya Bureau of Standards (KBES) ... Read more

India: Remove anti-dumping duty on VSF, urges CITI, industry stakeholders

   The Confederation of Indian Textile Industry (CITI), along with other industry ... Read more

DGFT amends export policy for surgical masks and medical coveralls

   The Directorate General of Foreign Trade (DGFT) has amended the export policy f... Read more

CFA appeals for postponement of partial withdrawal of EBA

   The Cambodian Footwear Association (CFA) has appealed to the European Commissio... Read more