Rising number of Chinese investors has acquired existing Vietnamese apparel manufacturing to avoid strict regulations since the local Vietnamese authorities are against investments in the textile industry since textile factories lead to several environmental hazards. So to expand their businesses in the country, Chinese investors are acquiring local production units in Vietnam.
According to Thai Tri Dung from the HCM City Economics University, its high time, Vietnamese give a thought to the fact that they are becoming satellite companies in Chinese chains. Most of the skilled Vietnamese workers are poached by the Chinese investors, which Dung says could influence human resource development and exports. He went on to say that once Vietnamese companies become Chinese subsidiaries, Vietnam’s export markets would become China’s markets and most of the businesses would be under China’s control.
Most of the industry experts are of the opinion that Vietnamese companies are running a huge risk by letting their companies merge with Chinese ones. And since textile and garment is Vietnam’s key export industry, China’s control over it can lead to the country getting access and control over other business fields such as agriculture and seafood as well.
Vietnamese experts are against Chinese investments in the country since they are of the opinion that they mostly bring outdated technologies to Vietnam which causes environmental pollution.
TRENDSPOTTING 2016 : "Fashion and textile industry has never been in a more interesting spot ever before. When human imagination and innovation is taking industry and businesses to a new height with the help of cutting edge technology, fashion and textile industry is also being a part of it. 2016 seems to be a benchmark year for the textile and fashion industry paving the way for new opportunities."
Fashion and textile industry has never been in a more interesting spot ever before. When human imagination and innovation is taking industry and businesses to a new height with the help of cutting edge technology, fashion and textile industry is also being a part of it. More than ever before, the garment industry is going to witness a phase which is marked by innovation and technology. With all the pioneering changes taking places in technology, manufacturing and even in the consumer mindset, 2016 seems to be a benchmark year for the textile and fashion industry paving the way for new opportunities.
With some trendsetting changes taking place in technology sector, fashion and textile, like all other industries is witnessing a major impact on what we produce and conceive. Smart fabrics, interactive fabrics, 3D printed fashion and many other innovations have opened up a whole array of possibilities that will have a huge impact on the world of fashion as we know it. However, it is technology coupled with innovation that is setting the trend for fashion in 2016. Young designers, entrepreneurs and forward thinking brands that explore the boundaries of fashion are now conceiving alternatives to traditional materials and fabrics that we know today.
Continuing with increased environmental awareness the major trend for the sector would be significant innovations in sustainability – reducing water and energy consumption, which are vital developments for the benefit of the environment and saving costs. Environmental and economic considerations go hand¬ in ¬hand, and have been the driving force for the last few years. Even in areas such as finishing, where water consumption and pollution was a particular issue. Another important development is the rise of digital printing, which doesn’t require water. Digital printing is not only an environmentally friendly technology, it also offers opportunities for re¬shoring because it can produce small lots of printed fabrics. The impact of this new technology will be very important for the downstream industry.
There has been a revolutionary change in the mass mindset which has fuelled fashion players to think of their environmental responsibilities. Initiatives like ‘the shoe that grows’ will inspire brands to consider sustainable alternative to grow their brands. In this new development a sustainable production process and the use of water-based polyurethanes and water-based finish is of great importance to support the mindset of sustainable fashion. Solutions we have been working on for years because we think this development is of great importance in ensuring a sustainable future full of opportunities for all of us.
In recent years, technical textile has become a major segment globally because of several advantages like functional requirement, health and safety, cost effectiveness, durability, high strength etc. The global technical textile industry has witnessed an increase in consumption from 25 per cent in 1998 to 37 per cent 2010. The largest segments are Mobiltex, Indutex and Sportex which contribute to about 55-57 per cent of the total Technical Textiles globally. In the US and Western European countries, there is legislation for mandatory use of such products which has further fuelled growth in demand. China, Brazil and Canada are some other countries to play important role in shaping the technical textile industry in 2016.
Ever since the establishment of denim and basics brand DSTLD in 2013, it has raised $4.3 million, turning to venture capitalists including CAA Ventures and Wavemaker Partners and then DSTLD’s sales increasing by 640 per cent to more than 34,000 units crowdfunding became the business buzzword of the year. Instead of turning once again to venture capital firms, the co-founders decided to launch a campaign on equity crowdfunding platform SeedInvest, which allows companies to raise money from Internet users. Although companies are projected to raise $34.4 billion in crowdfunded investments in 2015, according to research and advisory firm Massolution, just a sliver of those using crowdfunding operate in the apparel sector. Of the 93,546 projects successfully funded on Kickstarter since the platform launched, only 3,163 (or 3 percent) have been fashion-related. However the concept is expected to gain strength in 2016. Even venture capitalists themselves seem to be opening up to the idea of fashion crowdfunding platforms.
In 2015, spinning industry witnessed a trend of smaller order sizes which is likely to continue in 2016. The combination of high demand and decreasing raw material costs has also provided spinners with the opportunity to enhance margins, which have historically been very thin for this industry. Perhaps the biggest change in 2015 over past periods of sustained prosperity is the size of orders. Orders are relatively small, at least for most specialty spinners, and the variety of yarns spun is on the rise.
The overall printing industry across the globe is estimated to be about one trillion US dollars, out of which textiles is about $150 billion constituting about 15 per cent of total value. A major area which is promising for technical innovation is ink, which has the ability to get better and print on more types of fabric. With a Silicon Valley-based company such as EFI getting deeply involved in textiles, the market is going to see a very meaningful innovation in software applications, helping colour to be accurate and improving efficiency in the printing process to save customers time and money. There is no doubt that this is an exciting time for innovation in the textile industry. Industry 4.0, the concept of interconnected production chains with the potential for cloud or mobile- based management - speaks to the evolution path of technological innovation that textile professionals need.
"Gone are the days when almost 95 per cent sold in America was a product of the New York City’s Garment District spread over 7.7 million sq. ft. of manufacturing space, generating over 100,000 jobs. Today, the space has shrunk to mere 1.1 million sq. ft employing just above 7,000 people. However, realising the need to salvage ‘Made in New York’ apparel manufacturing, several designers and labels are initiating measures."
Gradually, apparel manufacturing activity which had moved out of the US is returning back to the nation for good. Even consumers are now demanding fashion Made in USA. Other than ‘Made in USA’, ‘Made in New York’ according to the experts carries its own sentimentality. Five factory owners, for example, came together in 2007 to launch ‘Save the Garment Centre’, a nonprofit organisation to promote manufacturing in New York. And Stefan Siegel, a former model turned investment banker based in London founded ‘Not Just A Label’ (NJAL) in 2008 - a global platform to promote domestic products and works of emerging designers. NJAL has also opened pop-up stores in Berlin, Dubai, Venice and finally in New York.
Stakeholders are putting in serious efforts to revive New York’s manufacturing hub. The Garment District houses many design offices including Public School to Engineered Garments and Aimé Leon Doré, whose production still happens in NYC. For designers ‘Made in New York’ means something close to their hearts than the ‘Made in USA’ label.
For instance, designers like Greg Rosborough, who focus on ‘Bespoken’, a label that won GQ’s ‘Best New Menswear Designer in America’ award in 2014, and Abasi Rosborough, his own line of futuristic clothes designed with his partner Abdul Abasi, call ‘Made in New York’ label something akin to being made in Paris instead of France.
While the cost of making garments in New York is not less since it involves high production costs and rentals, among other things. However, despite being the most expensive place to make clothes, designers like Dominic Sondag, manufacturing in New York is of advantage since he can oversee everything and if a sample is not according to his expectations, he can quickly work upon it. So while the cost of the end-product tends to be a little higher, making in New York also helps these designers support the local economy.
Also since designers are involved at every level of production process, it also means they can be responsible for everyone, who is a part of the supply line resulting in fair wage practices and unity among workers. Also the garment district’s artisans possess the required skill-sets to create an ensemble so the designers don’t really have to depend upon a factory and its workers at some faraway place, whose skill-sets are not known. Workers in the garment district are experienced pattern-makers and tailors, whose skills are polished since they are engaged in the business for last several decades.
Garmentech will be held in Bangladesh from January 13 to 16, 2016. This is an apparel machinery trade show which brings technology suppliers, agents and garment manufacturers under one roof.
More than 200 exhibitors will be there at the fair this year. Also the 2016 edition will be 20 per cent bigger than last year. There will be eight halls in total at the show. The previous show witnessed near about 12,851 visitors. The new venue which is closer to many buying houses and garment factories will attract more visitors. It is more comfortable and organised and therefore, it will be beneficial for exhibitors as well as visitors.
Companies such as Duerkopp Adler, Eastman Technocraft, Typical, Juki, Vibemac, ASS, Focus, New Tech and many more are set to exhibit their latest products and technologies at the show.
Garmentech has been the most preferred technology and machinery sourcing forum in Bangladesh for the past 14 years. Among the exhibits are international and domestic machinery, chemicals, accessories and allied products. Manufacturers and distributors will showcase their latest products and services to the tanning and finished leather, footwear and leather goods manufacturing industries in Bangladesh.
In 2015, readymade garment manufacturers in Bangladesh had to work to restore retailers’ confidence in workplace safety. People across the globe raised questions about readymade garment workers’ rights and safety plus electrical and structural integrity. The sector was able to restore buyers’ confidence through improvement of safety standards over the last few years to ensure a safer workplace.
In 2016, Bangladesh will focus on skills development, efficiency improvement, productivity and use of modern technology to save the environment. Another challenge is to relocate shared building factories to make them fully compliant.
In 2016, the RMG sector expects buyers to come to Bangladesh and place more orders. But manufacturers want better prices since factories have invested a lot on improving safety standards. If buyers do not increase prices, manufacturers say they do not want to hurt their competitive edge and will just say ‘no’.
Meanwhile the industry is preparing to concentrate on product and market diversification along with product upgradation as Vietnam, a major competitor of Bangladesh, is being connected with the Trans-Pacific Partnership.
The RMG sector in Bangladesh contributes over 81 per cent to total export earnings and over 10 per cent to GDP. The sector has 40 lakh workers, of which 80 per cent are women, mostly from rural areas.
Yiwu Tex accommodated 160 exhibitors to showcase over 550 professional textile machineries, and attracted 9,985 local and international trade visitors from 25 countries and regions. Over 70 industrial associations and enterprise delegations visited and sourced at the exhibition.
This was a four day machinery show held in China in December 2015. It included knitting and hosiery machinery, sewing and automatic garment machinery and dyeing and finishing machinery.
Theme zones at the show displayed exhibits on advancement, energy saving and automation technology.
As a specialised show focusing on knitting and hosiery, Yiwu Tex provides a one-stop platform running through the knitting and garment industry.
The exhibits were of very high quality though there was a slight decrease in exhibitor number compared with previous editions.
There were a number of events like Green and Sustainable Textile Technology Forum, Fashion Trend Forecast Forum, and Using Internet to Realize Textile Transformation and Upgrading.
Companies used the show to maximise business prospects, promote their technology and strengthen their brand image.
The trend of textile machinery development is to be safer, more eco-friendly and easier for operation. More equipment with high performance and low energy consumption is expected for Yiwu Tex, June 14 to 16, 2016.
www.yiwutex.com/
World cotton mill use is likely remain unchanged from 2014-15 at 24.3 million tons. International cotton prices have remained similar to those registered last season, while polyester prices have continued to fall. After decreasing steadily since 2010-11, China’s mill use was stable at 7.5 million tons in 2014-15, but is projected to decline by three per cent in 2015-16. India’s mill use is forecast to increase by three per cent while Pakistan’s may decrease by 12 per cent.
While cotton consumption is expected to overtake production in 2015-16, the global supply of cotton is still abundant. World stocks at the end of 2015-16 are forecast to be 20.6 million tons, 58 per cent of which will be in China.
World imports are projected to decline in 2015-16 by four per cent. While imports outside of China are forecast to increase by six per cent, this rise will not offset the decline in China’s imports, which are expected to decrease by 34 per cent.
Production in Australia is forecast to increase by 11 per cent in 2015-16. A 13 per cent reduction in harvested area in the United States coupled with lower yields due in part to excessive rains in autumn are expected to lead to a fall in production of 18 per cent.
Centre for Sustainable Fashion (CSF), part of the London College of Fashion, to support the United Nations Climate Change conference COP21 has launched its ‘Dress For Our Time initiative’ that aims to address climate change. The initiative by Professor Helen Storey will be released in a series of chapters, the first of which is a dress that has been produced using a tent gifted by United Nations High Commissioner for Refugees and fitted with digital data displays that clock the effects of climate change if we do nothing, with the aim of fuelling a conversation on the important topic.
The Dress For Our Time was placed on display at London’s St Pancras train station during the COP 21 summit to create a stir among the delegates and dignitaries passing through the station to Paris where the conference was taking place. The dress has been developed in partnership with interactive creative agency Holition and uses data from a study conducted by a team of global scientists and provided by the Met Office. It hopes that by giving the tent a second life as a public fashion art installation will represent the “importance of nurturing and protecting all people and safeguarding generations to come”.
The project has been two years in the making and was born from a meeting where Professor Storey gathered climate scientists and researchers to look at how we are or are not responding to climate change. In collaboration with different backgrounds, from business, science, technology and fashion to humanitarian work, the Dress For Our Time project was born as a way to engage a public debate that uses the power of fashion to allow people to connect with the issue in a different way.
Sustainable-fashion.com
In its move to crackdown against non-compliant garment making units in Bangladesh, the North American retailers' group Alliance decided to stop work with almost two-dozen garment exporters. Earlier, European buyers-led Accord too took a similar action against eight local garment makers.
The Alliance has published the names of 23 factories on its official website. “The listed factories have been suspended from the Alliance compliant factory list because of their lack of progress in one or more Alliance programs, thereby failing to make progress in ensuring a safe working environment,” the Alliance said. The reasons of suspension included failure to comply with the review panel's recommendations and respond CAP meetings and lack of adequate remediation progress, according to the website.
Contrary to the action taken by these two agencies, Commerce Minister Tofail Ahmed recently said that no extension will be granted to Accord and Alliance to monitor Bangladesh’s readymade garment factory conditions. Speaking at the inauguration ceremony of an international exhibition on building and fire safety at the Bangabandhu International Conference Centre in Dhaka, he said that the country’s garment factories have undergone a transformation.
Bangladeshaccord.org www.
bangladeshworkersafety.org
Covestro has been cooperating with IAF last year with a series of workshops in which it featured as an excellent example of the value of innovation in raw materials for the apparel industry. Central in its presentation was the new waterborne method for PU coatings used mainly in artificial leather that it had developed. In this method, the PU-coated fabrics are processed entirely without solvents, which remove hazardous substances from the material manufacturing, eliminates environmental pollution risks, and greatly reduces the amount of water and energy needed.
One of the world’s leading polymer materials suppliers, from September 1, 2015, Bayer MaterialScience started operating under the Covestro name. The company is now legally and economically independent from Bayer AG and has a new logo and vision.
The workshops organized by IAF and Covestro not only involved showing what the technology could do, but also addressed the model used by Covestro to overcome current supply chain constraints to the implementation of new technologies. Covestro has launched a technology and services model under the brand name INSQIN in 2014. It combines the technology itself with a high level of co-creation of new materials together with customers and downstream players.
iafnet.eu
Seven major trade exhibitions organised by the Hong Kong Trade Development Council (HKTDC) concluded successfully, drawing nearly 100,000 buyers from... Read more
Rising inflation, increasing interest rates, and global uncertainties are have impacted consumer behaviour and spending has become more cautious. This... Read more
The reign of the skin-tight legging, once the undisputed monarch of the fitness world, is showing signs of a graceful... Read more
At a time where individuality and self-expression reign supreme, the denim and jeanswear industry is witnessing an unprecedented shift toward... Read more
The global apparel market is witnessing a fascinating competition between Bangladesh and Vietnam, each vying for dominance after China. Data... Read more
A recent analysis by David Birnbaum reveals a significant shift in China's export focus, specifically concerning the US’ as a... Read more
Wazir Advisors April 2025 ‘Apparel trade scenario in key global markets and India’ captures the evolving dynamics of global apparel... Read more
At a time of evolving trade policies and geopolitical uncertainties, Vietnam and India are looking to deepen their cooperation in... Read more
The recent escalation of reciprocal tariffs between the US and China has sent ripples through the global fashion, apparel, and... Read more
South Korea's fashion market is seeing growing demand for affordable and functional apparels. This shift is challenging the dominance of... Read more