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Non-Woven Tech Asia 2017, The 4th International Exhibition & Conference of Nonwoven Industry starting tomorrow (June 08-10, 2017) is organized by Radeecal Communications at Bombay Exhibition Centre, Mumbai, INDIA.
Being the only event in India, Non Woven Tech Asia 2017 focuses exclusively on nonwovens, it has its participation from industry’s leading players like Sonali Polymers, Feather feel Nonwoven Prosper Choice Import Export, Flexography India Press, Vidhi Enterprise, Atlas Chemical Littleberg Offset and many more.
Non Woven Tech Asia 2017 is one of the endeavors of Radeecal Communications, with the potential goal of being the annual pilgrimage for the stake holders of the nonwoven industry. Nonwoven fabrics are one of the most recognized and extraordinary types of fabric that are accessible and commonly used by consumers worldwide. They are bonded together by entangling fiber or filaments mechanically, thermally or chemically.
Non Woven Tech Asia 2017 exhibition is a perfect platform to showcase the products and services of your company and can create the awareness of nonwovens in contemporary life. The exhibitors can expect visitor participation from Andhra Pradesh, Delhi, Maharashtra, Gujarat, Rajasthan, Telengana, Kerala, etc and from international countries also such as Belgium, China, Italy, Japan, etc. Around 8000 visitors during this event from the: medical and health care, hotel industry, yygiene and sanitary products manufactures, packaging industry, schools, luggage products, Textile and apparels, retailers and corporates, traders and distributors, public offices etc segments are to be expected at the exhibition.
Radeecal Communications focuses in conceptualizing, planning, organizing/managing Industry Specific Events in tandem with various Associations and Industry leaders. It objective is to benefit the Industry as a whole.
Bangladesh’s exports rose nearly 1.4 per cent in May from a year earlier, but still 8.5 per cent below target.
For July to May, the first eleven months of the country’s 2016-17 financial year, exports rose 3.7 per cent from a year earlier, 4.7 per cent below the target. For the full year ending on June 30, the export target is 37 billion dollars.
In July to May shipments of readymade garments, comprising knitwear and woven items, were up 2.2 per cent on year. Exports in the financial year that ended in June 2016 were up 9.7 per cent from the previous year, on the back of stronger garment sales.
Bangladesh’s resilience boils down to a combination of the world’s lowest wages after Myanmar and Sri Lanka, the right skills and the fact that China has become less competitive in recent years.
Bangladesh has been aggressively pushing garment exports and has made a slew of policy changes to facilitate these. The country is the world’s second largest exporter of clothing.
Garment exports contribute 80 per cent to Bangladesh’s total export earnings. Bangladesh intends to double its apparel exports to 50 billion dollars by 2021. The US is the largest importer of garments from Bangladesh.
"The Hong Kong Fashion Week for Spring/Summer will embark its 24th edition from 10-13 July 2017 at the Hong Kong Convention and Exhibition Centre. The four-day fair is expected to receive some 1,100 exhibitors from across the globe, presenting an array of spring/summer clothing, garment, designer collections, fashion and clothing accessories, fabrics and related professional services. The concept of informality in dressing is adopted feverishly by fast fashion retailers, sports retailers, and even luxury retailers."
The Hong Kong Fashion Week for Spring/Summer will embark its 24th edition from 10-13 July 2017 at the Hong Kong Convention and Exhibition Centre. The four-day fair is expected to receive some 1,100 exhibitors from across the globe, presenting an array of spring/summer clothing, garment, designer collections, fashion and clothing accessories, fabrics and related professional services. The concept of informality in dressing is adopted feverishly by fast fashion retailers, sports retailers, and even luxury retailers. The concept of informality in dressing is adopted feverishly by fast fashion retailers, sports retailers, and even luxury retailers. The trend to seeking a casual alternative to dressing is becoming more acceptable, amongst others, “athleisure”, which is defined as “casual clothing meant to be worn for both exercising and for general use” has become so popular that it has carved out a niche in the clothing industry. Morgan Stanley's 2015 report estimates that the sportswear industry will represent $83 billion in sales by 2020, or more than 30% growth. The Chinese mainland in particular, attributes the projected growth in the sportswear market to its booming middle class whom are now more aware of maintaining a healthy lifestyle.
The Hong Kong Fashion Weeks will be adding new elements, such as, following the Fall/Winter edition held last January, the two new zones- Fashionable Sportswear and Urban Essentials will again take centre stage at the Spring/Summer edition to encompass sportswear and casualwear respectively. The Thai female fashionable sportswear retailer, Wakingbee offers all kinds of sportswear for yoga, fitness and running as well as leisurewear. The fair is zoned to provide maximum exposure for different sectors of the industry such as high fashion and brand labels, as well as Fabrics and Yarn, Clothing Accessories and Menswear, Bags, Footwear, Gloves, and many more all at a glance.
Fashion parades will be arranged for exhibitors to present their latest collection to buyers to provide more promotional channels. While the fair promises to be the region’s premier sourcing and marketing platform, it is also a golden opportunity for information exchange within the industry. Renowned international trend forecasters, will be invited to unveil the latest trends ahead. Co-organised with Hong Kong Research Institute of Textiles and Apparel (HKRITA) will also be organised. Also, during the fair a networking reception will be arranged.
Established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and services providers. The company promotes and organises international exhibitions, conferences and business missions for doing business with China and throughout Asia.
"Man-made fibre and synthetic yarn would be levied 18 per cent tax under GST regime while the fabric only 5 per cent. Industry experts feel that keeping the rates of key inputs at a higher level will negatively the competitiveness of small and medium synthetic textile manufacturers. Stating the same as concern of inverted duty structure problem, Confederation of Indian Textile Industry (CITI) chairman J Thulasidharan, recently said that the textile sector is suffering from various disadvantages like high energy costs and infrastructure bottlenecks."
Man-made fibre and synthetic yarn would be levied 18 per cent tax under GST regime while the fabric only 5 per cent. Industry experts feel that keeping the rates of key inputs at a higher level will negatively the competitiveness of small and medium synthetic textile manufacturers. Stating the same as concern of inverted duty structure problem, Confederation of Indian Textile Industry (CITI) chairman J Thulasidharan, recently said that the textile sector is suffering from various disadvantages like high energy costs and infrastructure bottlenecks. This announcement would further dent the growth of the industry.
According to him, India is already suffering a huge competitive disadvantage in the global textile market as the MMF based textile products are attracting higher rates of import duty. Keeping the GST rates at this rate will undoubtedly cripple hundreds of small and medium synthetic textile manufacturers. He further emphasizes and asked the government to reconsider the rates of MMF products and bring it at 12 per cent. He also pointed out that the high rates announced for MMF fabric and yarn, dyeing and printing units, embroidery items at 18 per cent can lead to an increase in input costs and can adversely affect the entire textile value chain.
Different viewpoints
Giving a different perspective, Synthetic and Rayon Textile Export Promotion Council (SRTEPC) chairman Narain Aggarwal that keeping the GST of 5 per cent on fabrics is quite favourable for the industry. The GST of 18 per cent on synthetic fibre is again not a bad news, because the tax rate is same as it was earlier. Meanwhile, The Southern India Mills’ Association (SIMA) and CITI have appealed to the government to exempt the textile jobs from service tax as it would benefit the predominantly decentralised and MSME nature of the industry, especially the powerloom, knitting, processing and garmenting sectors.
Shares of G-III Apparel Group jumped 15.2 percent, to 28 per cent for the quarter ended April 30, sales climbed 15.6 percent to $529.0 million.The net loss came to $10.4 million, or 21 cents per share, compared to net income of $2.8 million, or 6 cents, in the prior year’s comparable period. The latest quarter included $2.5 million, or 3 cents a share, in charges tied to professional fees, severance and one-time debt costs tied to its acquisition of Donna Karen International.
The clothing manufacturer and distributor swung to a loss of 18 per cent per share from a prior-year profit of 6 per cent a share, better than expectations for a 37-cent per-share loss. Revenue rose 16 per cent to $529 million as compared to forecasts for $500 million.
Excluding charges related to the acquisition of Donna Karan, the company had a loss of 18 cents a share, compared with a Fact set consensus for a loss per share of 40 cents. According to the company the Donna Karan business has reached an inflection point and is expected to turn profitable in the second half. Chief Executive Morris Goldfarb commented that the company is reducing operating costs in retail business, closing and repurposing stores and enhancing the store product offerings, overall helping the company and reducing the losses in the retail operations. The company stated it now expects full-year sales of about $2.76 billion and adjusted EPS of $1.20 to $1.30. The Fact Set consensus is for full-year EPS of $1.01 and sales of $2.72 billion. Shares have fallen 32 per cent in 2017 through Monday, while the S&P 500SPX, -0.28 per cent has gained 9 per cent.
DuPont Protection Solutions developed Tychem 2000 SFR a new chemical protective clothing to help safeguard men and women from chemical hazards that can and can’t be seen, such as dangerous vapors, liquids, and particles.
The company has designed the brand to reduce worker chemical exposure while performing their jobs. Plus, the company is helping to make the hazardous work a less hazardous to the worker. David Domnisch, global marketing manager for Tyvek Protective Apparel says that this is first of several new protective apparel solutions that Tyvek and Tychem product range will be launched during 2017 and the company will be celebrating 50th anniversary of Tyvek pay tribute to the past but to focus on the future.
Tychem 2000 SFR provides an effective barrier against a range of inorganic acids and bases, plus industrial cleaning chemicals, as well as particles. In the event of a flash fire, Tychem2000 SFR garments will not ignite, and therefore do not contribute to additional burn injury if the wearer uses appropriate flame-resistant (FR) personal protective equipment (PPE). If a fire hazard exists, Tychem 2000 SFR garments must be worn over an appropriate FR garment, along with other PPE that protects workers' faces, hands and feet. Tychem 2000 features a respirator fit hood with DuPont ProShield 6 SFR fabric lining; chin flap with double-sided adhesive tape etc.
Talking about the protective apparel for industrial workers, it is among the first commercial applications for Tyvek®, a unique nonwoven material that has provided protection, security and safety in a wide variety of industries and applications.
Established in 1967 DuPont Protection Solutions is a global leader in products and solutions that protect what matters people, structures and the environment. The DuPont approach to solving global challenges is rooted in the science and engineering expertise.
Canada’s apparel retailers continue to grapple with a rapidly changing retail environment like fast fashion rivals and e-commerce. Reitmans will close 40 stores this year and Le Chateau will close 18. In 2016 Reitmans shuttered 104 stores, including the entire Smart Set chain (29 locations) and 42 Reitmans stores.
Le Château, meanwhile, is struggling with debt coming due in early June. Material uncertainties may cast doubt on the ability of the company to continue as a going concern.
Signs of progress at Le Chateau in 2016 included a slight increase in comparable store sales and an increase in online sales of 43.6 per cent.
Zara, H&M and Forever 21 have created a new league of competition, and new retailers continue to enter the market including Quebec-based Simon’s and Japan’s Uniqlo.
One challenge is that mall traffic is down at all but the biggest shopping centers. People go to the mall with a single item in mind, go to the store where they know they can buy it, buy the item they need and leave the mall.
Reitman is focused on making the remaining stores more inviting to customers. This year Reitmans will open seven stores and renovate 34. It is looking at ways to expand the wholesale business internationally in plus-size apparel.
There are already signs of improvement. Same store sales increased 7.6 per cent and sales were up 1.6 per cent despite a net reduction of 90 stores over the year. E-commerce sales increased 50.7 per cent.
Textile engineering industry, which contains of more than 2,800 units has shown a steady increase in the last five years.
According to R. Rajendran, president of Textile Machinery Manufacturers’ Association, all the spinning machinery manufacturers have a base in India and China now and these countries have slowly becoming a manufacturing hub for textile machinery.
S. Chakraborty, advisor of Textile Machinery Manufacturers’ Association, stated that the exports increased from Rs 1,523 crore in FY12 to Rs 2,466 crore in FY15.
Talking about the present scope for exports Rajendran commented that India is a major manufacturer of spinning and processing machinery and over here a huge amount of looms, knitting and garmenting machinery are imported by the textile industry.
Textile machinery like tools, accessories, garmenting, machinery and autoconersimports were Rs 7,643 crore in 2011-2012 and Rs 10,305 crore in 2015-2016.
This economic slowdown had affected investments by the domestic textile industry, investments continue in select pockets. Some States have come out with State-specific textile policies. Industries that focus on value addition, expansion, modernisation and replacements are driving investments in the domestic market. A lot of emphasis is given to the development of machinery for weaving and processing sector by the Union Government. It has supported loom development projects on public-private partnership mode and also cleared a project to set up a common engineering facility centre. As per Chakraborty, huge affection in investments are due to reduction in allocation of funds for Technology Upgradation Fund Scheme and backlog in payment of subsidies in the past.
Manmade fiber and synthetic yarn would have an inverted duty structure problem as they would be levied Goods and Services Tax (GST) at 18 per cent. The industry feels keeping the rates of key inputs at a higher level will affect the competitiveness of small and medium synthetic textile manufacturers.
The opinion is that India is already suffering a huge competitive disadvantage in the global textile market as the manmade fiber based textile products are attracting higher rates of import duty. Keeping the GST rates at this level would cripple the hundreds of small and medium synthetic textile manufacturers.
These manufacturers say the rates of manmade fiber products should be brought down to 12 per cent.
There is apprehension that the high rates announced for manmade fabrics and yarns, dyeing and printing units, embroidery items at 18 per cent can lead to an increase in input costs and can adversely affect the entire textile value chain.
The GST of five per cent on fabrics is thought to be quite favorable for the industry.
Mills in southern India say textile jobs should be exempt from service tax as this would benefit the predominantly decentralized and medium and small scale power loom, knitting, processing and garmenting sectors.
Muhammad Amjad Khawaja vice chairman Pakistan Hosiery Manufacturers and Exporters Association (North Zone) in a press conference stated that the textile sector has been forced to come on the road as the government has failed to fulfil its commitments and resolve the issues confronted by this sector.
According to Amjad Khawaja textile export is main stay of the national economy. Its share in total export is around 60 per cent but unluckily it is facing a steep decline only due to the ill-conceived policies of the government and there should be immediate release of Rs 180 billion with a withdrawal of Gas Infrastructure Development and Fuel Surcharge. He also added that along with leading textile exporters had repeated meetings with concerned government sectors and apprised them of the issues faced by the textile exporters.
He strongly criticized the step-motherly treatment with this foreign exchange earning sector of the country and cautioned that they are now not ready to take their begging bowl to anyone. This had led them to take a decision on coming to road along with their workers if government failed to fulfil its commitments. The protest will take place immediately after ramzan.
He wishes to have a real assurance from the government side because for a longer period government as yet not given any assurance to release funds under textile package in addition to the payment of refund claims.
Further he stated that they are ready to negotiate and resolve the issues provided if the government shows a positive attitude. Rizwan Ashraf - FCCI says that already issued RPOs were cancelled last month which is an indicative of the non-seriousness of the They also want that federal budget and government must approve the relief on the foreign exchange earning sector of textile.
