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US Cotton Trust Protocol sets the stage for use of sustainable cotton acros…

US Cotton Trust Protocol sets the stage for use of sustainable cotton across the globe

    In November 2021, the COP26 summit held in Glasgow held up a red flag for global fashion industry and the need to act fast and now. According to McKinsey report, under the current trajectory, the fashion industry will overshoot greenhouse gas emissions needed to achieve a 1.5º C global warming ... Read more

Domestic brands give tough competition to global ones in China’s apparel re…

Domestic brands give tough competition to global ones in China’s apparel retail market

    A surge in nationalist sentiment and growing hostility to foreign labels is compelling global fashion brands to reduce their footprint in China. A report by SCMP indicates, US clothing brand Gap is reducing its retail footprint in China by cutting down the number of stores to 143. And experts say, f... Read more

Argentinian clothing manufacturers face cost-related challenges

Argentinian clothing manufacturers face cost-related challenges

  For a country facing numerous economic challenges for long, the fact that its clothing sector has about 50 per cent import component is in itself a challenge. As per The National Institute of Statistics and Censuses (INDEC), clothing is one of the highest performing sectors year-on-year. By June 2022, th... Read more

New EU green legislation to step up sustainability efforts in Bangladesh

New EU green legislation to step up sustainability efforts in Bangladesh

    The huge amount of waste produced by the global textile industry has accelerated the need to reduce continued damage to planet Earth. Textile produces over 100 billion pieces of clothing year. This results in 84 per cent of the textile waste worth $3.7 billion being sent to landfills every year. To ... Read more

EU textile sector wants cap on gas price

EU textile sector wants cap on gas price

    The European textiles industry has called on the European Union to adopt a wholesale price cap for gas. It says a cap above a certain level will result in collapse of businesses. It wants the TTF benchmark parameters to be changed and TTF to be decoupled from the electricity market and the revision... Read more

Rising demand will boost global custom T-shirt printing market to clock in …

Rising demand will boost global custom T-shirt printing market to clock in 9.7 CAGR: Study

  Global custom T-shirt printing market is expected to surpass $9,009.3 million with a CAGR of over 9.7 per cent to 2023 says a new study by Future Markets Insights (FMI) a premier provider of market intelligence and consulting services. In its latest report, FMI cited customized T-shirts are gaining immens... Read more

China faces turmoil, exports growth falls

China faces turmoil, exports growth falls

    Chinese exporters are having a difficult time. Softer foreign markets are forcing them to shed workers. They are switching to lower-value goods and even renting out their factories. Customers are placing fewer orders and are reluctant to buy expensive products. Compared to 2020 and 2021, this year ... Read more

Demand for used clothes in Africa rides on affordability, sustainability: S…

Demand for used clothes in Africa rides on affordability, sustainability: Study

  The pursuit of pre-loved clothing is emerging as the most prominent trend in the African market with consumers continually upgrading their wardrobes by donating or reselling used items. As per an Euromonitor International report, known as Madunusa in South Africa, Okrika in Nigeria, and Mtumba in Kenya, ... Read more

Fusing street styles with active wear help segment stay ahead in post-pande…

Fusing street styles with active wear help segment stay ahead in post-pandemic times

  Old habits die hard in the post-pandemic global active-wear segment as consumers still prefer to wear comfortable the clothes they have become used to over the last two years. With healthy lifestyles taking precedence over having a good time and an indulgent lifestyle, majority of consumers (76 per cent) ... Read more

Global luxury brands bank on quick recovery in China market to up sales

Global luxury brands bank on quick recovery in China market to up sales

   Life is like a game of boomerang and sooner or later, everyone sits down to a banquet of consequences of human actions or natural causes. China quickly recovered from the global economic downturn after Covid 19 and became global saviour of luxury brands almost doubling in size compared to 2019 level... Read more

UK fashion industry calls for greater clarity on trade with EU

UK fashion industry calls for greater clarity on trade with EU

   Even after 18 months of UK officially leaving the European Union, the country has failed to resolve bilateral trade issues. As Mark Neale, CEO, Mountain Warehouse opines, supplying materials to retail stores in Europe has become more complicated and tiresome post Brexit. Increased costs and bureaucr... Read more

Retailers look at lower earnings with inflation squeezing consumer buying

Retailers look at lower earnings with inflation squeezing consumer buying

    American Eagle is no longer soaring high as it joins the growing list of premium clothing retailers reporting bleak earnings worldwide. The apparel industry is currently trying to figure out what the consumer wants in post-pandemic period with lower demand as inflation squeezes tight budgets of the ... Read more

Global retailers adjust offerings post covid

Global retailers adjust offerings post covid

     American Eagle’s comparable sales in the latest quarter fell six per cent from a year ago. The brand’s priorities are adjusting its assortments and rightsizing inventory. Other retailers including Walmart, Target, Gap and Kohl’s face similar problems with bloated inventories... Read more

Indian exports optimistic despite downtrend

Indian exports optimistic despite downtrend

  India’s upbeat export figures weren’t immune to the pandemic outbreak and Russo-Ukrainian conflict. Last month, exports recorded a decline of 1.15 per cent year-on-year. The worst hit were cotton yarn, fabrics and handloom products which experienced negative growth of nearly 33 per cent. Weak... Read more

Centrestage begins in Hong Kong

Centrestage begins in Hong Kong

     Centrestage is being held in Hong Kong, September 9 to 11, 2022. This is Asia's premier fashion event being organised by the Hong Kong Trade Development Council (HKTDC). A number of renowned and emerging fashion brands from Hong Kong and overseas are presenting their spring/summer 2023 collec... Read more

Apparel resellers see growth sustain through quarters, continue to push ahe…

Apparel resellers see growth sustain through quarters, continue to push ahead

  A two-year long pandemic followed by an ongoing war has shaken the global economy. Inflation, economic volatility seems like the new norm as consumers worldwide rethink purchase of non-essentials. In the global apparel reselling sector, the emerging picture is many shades of grey. Are apparel resellers di... Read more

India emerges as big Christmas décor items exporter

India emerges as big Christmas décor items exporter

    India has the potential to be one of the world’s largest exporters. The value of festival goods and accessories sent by sea to the US in August 2022 from India was roughly three times what it was at the same time last year. Even though China exports a sizable portion of Christmas déco... Read more

Diversity, equity, inclusion in business model can help boost luxe business

Diversity, equity, inclusion in business model can help boost luxe business

    Euromonitor International’s latest research shows, future prospects for global luxury goods and fashion industry appear bright despite current political and economic instability and the ongoing global pandemic. Key players continue to navigate challenges by reassessing their priorities and ope... Read more

Growing fascination for trendy fashion drives up growth in menswear globall…

Growing fascination for trendy fashion drives up growth in menswear globally

  With shoppers trading their skinny jeans and fitted suits for wide-legged trousers, loose-fitted tees and casual attire, menswear business is booming across the globe. As per a Business of Fashion report, the category grew 40 per cent compared to the same period last year at London-based luxury retailer M... Read more

Big global sportswear brands struggle in China as cheaper local ones flouri…

Big global sportswear brands struggle in China as cheaper local ones flourish

  Adidas, the mega German manufacturer of athletic shoes, apparels and sporting goods is currently floundering in post-pandemic murky waters of China. In the second quarter of 2022, Adidas observed a revenue drop of 35 per cent in China market while dragging operating profits down 28 per cent and net sales ... Read more

Party time for private labels in fashion retail markets

Party time for private labels in fashion retail markets

     he Indian fashion market has seen many changes after the pandemic, and one of the most prominent has been the sharp rise of private labels in both online and offline retail. These two advantages of high availability and cheaper pricing than national brands, have made private-label products con... Read more

Value addition in Bangladesh RMG exports declines in 2021-22

Value addition in Bangladesh RMG exports declines in 2021-22

  With a massive 84 per cent contribution to total exports earnings of Bangladesh, the readymade garment (RMG) sector witnessed depreciation in the just-ended fiscal year (FY) 2021-22. As per a Textile Today report, Bangladesh’s RMG exports totaled $42.61 million in FY 2021-22 while import of textile ... Read more

Bangladesh apparel exporters in a fix as top US retailers cancel orders

Bangladesh apparel exporters in a fix as top US retailers cancel orders

    Falling demand in home country is leading to US clothing retailers including Walmart, Target, The Children’s Place, Costco, TJX and Kohl’s cancelling orders placed with apparel manufacturers in Bangladesh. Few buyers are also deferring shipments with most planning to reduce dependence on... Read more

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Bangladesh tops green garment factory count

   Bangladesh now has the highest number of green garment factories in the world w... Read more

Bangladesh apparel exports down 12 per cent in September

   Bangladesh’s apparel exports fell 12 per cent in the first 18 days of Sep... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

C.L.A.S.S. advocates smart production at White Sustainable Milano

   C.L.A.S.S. or Creativity Lifestyle And Sustainable Synergy returned for the sec... Read more

India’s second PLI scheme offers wider incentives

   The second production-linked incentive (PLI) scheme for textiles is likely to o... Read more

Vietnam’s Son Ha Garments inducts Coats Digital’s GSDCost

   Son Ha Garment has implemented Coats Digital’s GSDCost and seen significa... Read more

Green Machine wins ITMF sustainability award

   Green Machine has won the ITMF Awards 2022 in the sustainability and innovation... Read more

Bangladesh eyes bigger share of South Korean garments market

   Bangladesh aims at hiking apparel exports to South Korea. South Korea currently... Read more

Textile Association of India to organize digitalization conference in Octob…

   The Textile Association of India is organizing a conference on digitalization a... Read more

Shanghai Fashion Week returns to physical format

   Shanghai Fashion Week (SFW) will be held in September. After being forced to go... Read more

India’s textile and apparel exports fall in first five months of this fisca…

   India’s exports of textiles and apparel fell by one per cent during the f... Read more

Lenzing suspends 2022 earnings guidance

   Lenzing has suspended its guidance for the development of earnings in the 2022 ... Read more

Isko opens German product development center

   Isko has opened its second product development center in Germany and the other ... Read more

Bemberg to present new fiber at White Sustainable Milano

   At White Sustainable Milano Bemberg by Asahi Kasei will present a brand new sta... Read more

Textile Exchange amends Organic Content Standard to prevent frauds

   Textile Exchange is making changes to the Organic Content Standard (OCS). OCS w... Read more

Montex new finishing range has vast capabilities

   The new Montex finishing range by Monforts has a working width of two meters. ... Read more

Shein plans to expand in the US

   Shein is planning to deepen its foothold in the US as its sales to American sho... Read more

China helps raise Ethiopian industry standards

   China is helping Ethiopia improve environmental, social, and labor standards in... Read more

Inditex opts for price hike

   Inditex plans to hike prices again. Earlier in spring and summer, the fast fash... Read more

Kenya partners with India in developing textile industry

   Kenya and India have partnered to promote trade and investment in the textile a... Read more

Global golf clothing market grows at six per cent

   The global golf clothing market is growing at six per cent a year. The Asia-Pac... Read more

Puma embraces recycled materials

   Sports giant Puma is embracing recycled materials with the launch of Re:Collect... Read more

Buyers want Berlin Fashion Week rejigged

   Brands feel the format of the Berlin Fashion Week needs to move forward. They w... Read more

Metaverse event planned

   RLTY, Fabricant and World of Women have collaborated on a metaverse fashion eve... Read more