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Adobe’s first Digital Price Index (DPI) identifies tremendous choice, volume and velocity in the online apparel category. Nearly half of the 7,000 new apparel products that appear online each day are targeted at women (3,150), while one-quarter (1,750) target men and the rest are aimed at children, babies and footwear. Nearly one-third (30.8 per cent) of all spending on women's clothing went toward products that are one month old or less, while 18 per cent of spending on men's apparel was for items that were one month old or less.
May apparel data show prices for apparel online dropped faster than offline. The DPI found 4.3 per cent year-over-year price deflation in May. Data also points to the biggest discounts for the highest and lowest priced apparel online. High-end apparel, the top 25 per cent most expensive items online, shows a 5.5 per cent drop in prices year over year while low-end apparel, the lowest 25 per cent, saw prices decrease by 7.5 per cent over the same time period. The middle 50 per cent of apparel shows minimal deflation from the year prior.
Apparel sold online is clearly developed with a specific velocity in mind, and an incredibly high turnover rate, compared to other categories.
Research and Markets has announced the addition of the "Global Yoga Apparel Market 2017-2021" report to its offering.The analysts forecast the global yoga apparel market to grow at a CAGR of 3.16 percent during the period 2017-2021.
Global Yoga Apparel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is technological advances in product features. The manufacturers of yoga apparel are continuously looking to improve the technology and features of the product to achieve higher customer satisfaction. The consumers of yoga apparel analyze the quality of the products on various parameters.
According to the report, one driver in the market is rise in the popularity of yoga. Yoga is one of the ancient forms of workout and meditation that originated in India. In recent years, yoga has gained a significant popularity globally, especially in North America. The popularity of yoga in the United States and Canada is continuously increasing. The region exhibited a significant acceptance of yoga in recent years.
Further, the report states that one challenge in the market is volatility in raw material cost. In the present market scenario, fitness wear manufacturers are experiencing fluctuations in their profit margins. This is due to the fluctuating prices of raw materials and the increasing competition among vendor. An influx of local players has been observed in recent times because the establishment costs are low.
WRAP has produced a Sustainable Clothing Guide to share best practice on how to design, produce, and sell sustainable clothing. The charity is looking to encourage designers and technologists within brands and retailers to use the guide to embed durability in products by making them last longer and so they can easily be repaired and reused.
Extending the life of clothes by nine months of active use would reduce carbon, water & waste footprints by 4-10 per cent estimated by WRAP. A number of cases studies illustrate how small changes can make a difference. Those involved include ASOS, COS, John Lewis, New Look and Ted Baker.
The Textile Recycling Association was involved in the guide through WRAP’s work on the Sustainable Clothing Action Plan. Director Alan Wheeler says that it was generally believed that 80 per cent of a product’s environmental impact is decided at its design stage and this was more or less true for clothing.
There is a need to sell more clothing that is better quality and that is more durable to improve the overall sustainability of the clothing supply chain, being physically durable it needs to have emotional durability as well.
He further stated that there was no point having an item made to last but then going out of fashion so quickly that it sits in a cupboard for several years before being discarded. A well-designed garment would take into consideration how easily it can be recycled after it can no longer be reused.
Textile Exchange has released a Quick Guide to Organic Cotton, which gives an overview of the positive environmental benefits of organic cotton, in a bid to kick-start the growth and adoption of organic cotton by apparel retailers and brands. Textile Exchange (TE) has also published a series of frequently asked questions, with answers that claim organic cotton is the preferred fibre to choose.
Launching the new publication on organic cotton, TE managing director La Rhea Pepper, noted that the Quick Guide to Organic Cotton, highlights the benefit of organic production as a pathway to restorative, resilient and regenerative landscapes and communities and cotton production has evolved over the last 15 years and greater awareness of the health, economic and environmental benefits of organic farming practices by farmers and buyers has influenced corresponding improvements in many cotton production systems, including the input intensive practices of chemically grown cotton.
TE, has claimed the adoption of preferred cotton production methods grew to represent 8.6 per cent of the total cotton market in the 2016. But, as per Textile Exchange, organic cotton continues to have the lowest environmental impact. It is assumed that yields of conventionally grown agricultural systems are higher than organic systems of production. However, Carl Pepper, an organic cotton farmer in Texas, noted that farm 4,000 acres of organic cotton in the middle of the world’s largest cotton patch.
The guide also tackles the issue of water use in cotton agriculture. Typically, it’s suggested that cotton production, organic or conventional automatically requires huge amounts of water. But, Textile Exchange says it is “the geographical location of the cotton production that dictates the environmental impact of cotton production on water usage,” claiming conventional cotton production uses more water than organic cotton production, pointing to a Life Cycle Assessment that claims organic cotton production for an average t-shirt would use 1,982 gallons less than a shirt made with conventional cotton.
An upcoming meeting of the Preferred Fibre Working Group, in partnership with the Organic Cotton Round Table, is being held at the annual Textile Sustainability Conference, which begins on 9 October in Washington D.C.
For the larger benefit of the Indian textile sector under the new GST regimethe Federation of Gujarat Weavers Welfare Association (FOGWWA) has demanded that the central government should implement fiber policy for all types of fibers to attract the same duty.
A memorandum was submitted by FOGWWA to district collector Mahendra Patel on Friday with a slew of demands, including implementation of fiber policy, refund of accumulated GST credit, no GST on all types of job work required to manufacture grey fabric by the powerloom weavers, lowering GST on yarn at 5 per cent or 12 per cent and imposing extra duty on the imported fabrics.
FOGWWA office-bearers says that the inverted duty structure will increase the cost of fabric. The weaving job-work is done by the small units. Around 70 per cent of the units in the decentralized textile sector are working on job-work. The 18 per cent GST on job-work will force the small units to down the shutters as the cost of fabric will increase compared to the fabric manufactured in composite units.A huge number of powerloom units are engaged in job-work, there will be high job losses in the industry.
President of FOGWWA, Ashok Jirawala states that they are not opposed to GST, but there is a need of simplification of the tax in the sector. According to him there should be a uniform duty in the textile and the government should not treat the MMF sector as a step baby. Jariwala further added, that they will be visiting Gandhinagar on Tuesday to seek support from the opposition parties to help the MMF sector. With just few days to go, the sector needs clarity on the GST rates. The industry can't survive with 18 per cent and 5 per cent rates.
Cone Denim is excited to celebrate the 10-year anniversary of its revolutionary S GENE technology, developed and first introduced by Cone Denim in 2007. The advancement of this performance technology has included Level II S GENE introduced in 2015 and the latest and most advanced power stretch denim incorporating S GENE yarns introduced this year, representing the latest evolution of the S GENE dual-core stretch yarn technology.
S GENE and denim fabrics feature exceptional stretch and recovery performance along with the added benefit of increased strength. Additionally, the polyester component of the newest S GENE and yarns is 100 per cent recycled, making for the most sustainable superior stretch Cone Denim fabric yet. S GENE innovation was the first of its kind, originally introducing S GENE denim fabrics in 2007. S GENE yarn with dual core technology is designed to provide superior stretch and recovery.
“This year we are launching S GENE+ in celebration of the technology’s 10-year anniversary. This newest stretch innovation brings sustainability to stretch. We are committed to developing S GENE denims using 100 per cent recycled polyester content, offering a new level of eco-conscious denim to the marketplace” said company’s spokes person.
Other S GENE innovations include CONEFLEXTM denim utilizing S GENE technology. These denims feature stretch yarns in the warp and the weft providing 360-degree, four-way advanced stretch. CONEFLEX fabrics have low shrinkage, excellent recovery and give garments better shape retention across multiple fits, all with the authentic look and feel of traditional 100% cotton denim.
"The nonwoven industry is on a sustained growth momentum since last four decades and is a key constituent of the man-made fibre market. European Disposables and Nonwovens Association (EDANA), the international association, most recent summary of its annual statistic shows that, the overall production of nonwovens in Greater Europe grew by 3.3 per cent per cent in volume in 2016 to reach 2,395,098 tonnes despite an uncertain economic climate. EDANA has also previously estimated that the production of nonwovens in Greater Europe represents approximately 25 per cent of the worldwide market in 2014."
The nonwoven industry is on a sustained growth momentum since last four decades and is a key constituent of the man-made fibre market. European Disposables and Nonwovens Association (EDANA), the international association, most recent summary of its annual statistic shows that, the overall production of nonwovens in Greater Europe grew by 3.3 per cent per cent in volume in 2016 to reach 2,395,098 tonnes despite an uncertain economic climate. EDANA has also previously estimated that the production of nonwovens in Greater Europe represents approximately 25 per cent of the worldwide market in 2014.
Asian nonwoven market
Until the last decade, the nonwoven industry was primarily based in Europe, North America, and Japan. Now, nonwovens are produced on thousands of lines around the world. The nonwoven industry is now truly global and Asia is now the dominant nonwoven producing region, accounting for 42 percent of the world’s production in 2014. China accounts for a significant proportion (66 per cent) of the Asia volume and is now the most important nonwovens producer worldwide with production volume in 2014 estimated at 2.4 million tonnes and increasing gradually.
Nonwoven market in India
India’s nonwoven market is growing at a rate of 8-10 per cent. However, in the coming years, the continuous growth of India’s GDP, increasing purchasing power and India’s initiative in the economic development will give a boost to this field, and it is assumed that it would achieve a growth rate of 12-15 per cent. Now, the production of nonwoven in India is touching 190,000 tonnes. As per the expert report, the per capita nonwoven fabric consumption in India was 155 gm, which nearly reached to 350 gm by 2015 and likely to be 600 gm by 2020.
Bangladesh gaining stronghold
Currently, Bangladesh is rising as a significant player in nonwoven industry as it is being considered that the market is offering huge opportunities, which is a welcome sign for the nonwoven industry in Bangladesh. But against this large demand, there are only a few manufacturers who are producing nonwoven products. Hence, this large market is controlled by little number of countries. In that case, Bangladesh has large opportunity to capture this huge market by establishing a significant number of nonwoven fabric industries in Bangladesh.
The future
The global nonwovens market will grow to be worth $50.8 billion in 2020, up from a value of $37.4 billion in 2015, according to the latest exclusive research from Smithers Pira. Data shows that global consumption in 2015 was 9.0 million tonnes and this will increase at annual rate of 6.2 per cent and 7.2 per cent respectively over the next few years with consumption scheduled to reach 12.1 million tonnes in 2020.
Globalisation will accelerate over the next decade, and global economic power will likely to shift eastward. Europe, Japan, and the US will experience a relatively slow growth, while Asian economies grow faster. Besides the global markets, low and middle-income countries are becoming the world’s largest consumer markets, the demand will likely to increase for all nonwoven products. One can expect a boom in construction nonwovens, as well as further growth of low-impact consumer and hygiene products.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has extended support for the revival of Pakistan’s textile industry. The federation has also appealed for government support for the development of the textile industry. More than 60 per cent of the country’s exports constitute textile products, which contribute majorly to revenue generation.
FPCCI also raised concerns over the protests held by textile trade bodies. Opposition through protest will affect the working of the industry and will also affect the economy of the country, says FPCCI.
The textile industry contributes around eight per cent to the GDP, employs about 40 per cent of the industrial labor force of Pakistan.
For efficient functioning of Pakistan’s textile industry, FPCCI has asked the government to release the pending finances. The export incentive package announced by the prime minister in January this year should be implemented at the earliest, it says.
It has appealed to the government to withdraw the levy of Rs 3.63 per kwh surcharge in electricity bills and reduce textile related imports from China to prevent the textile industry from totally collapsing.
The Federation of Pakistan Chambers of Commerce and Industry is the apex body of trade and industry in Pakistan and the chief representative of the private sector in Pakistan.
Michael Kors will close 100 to 125 stores, joining a growing list of retailers who are shutting brick-and-mortar outlets as e-commerce grabs more market share. For the fourth quarter total revenue slumped 11.2 per cent.
US based Kors is a global handbag and apparel empire. Synonymous with luxury style and effortless polish, Michael Kors has a sophisticated, jet-set aesthetic.
Known for his laidback, luxurious, wearable and quintessentially American silhouette, designer Michael Kors started his label in 1981 and has dressed Hollywood actresses, music superstars and first ladies. Among them is Melania Trump. While some prominent designers have refused to dress her in opposition to her husband’s politics, Kors said the Slovenian-born former model had attended his runway shows in the past.
The label offers clothing, shoes, bags, jewelry, accessories, sunglasses and watches. Men can choose from tailored shirts, sweaters, vests, jackets, pants, wallets, card cases, messengers and totes.
For women there are fit and flare, sheath, or shift dresses, platforms, heels, wedges, clutches, earrings, bracelets, rings, necklaces. The shoes are polished and can be worn with skirts, pants, jeans.
Michael Kors menswear was launched in 2002, and two other lines, Michael and Kors, are now produced, offering a more affordable fashion collection as well as shoes and jeans.
Louis Vuitton may open a factory in the US. Manufacturing in the US may prove to be beneficial for Louis Vuitton, when considering that the US accounted for over a quarter of the world’s luxury goods market sales in 2016.
The LVMH-owned brand also has plans to open a new production center in France and expand its infrastructure in Portugal. By 2020, 70 per cent of the tanneries LVMH sources from will be Leather Working Group certified. The aim is to make that 100 per cent by 2025.
For the past year, Louis Vuitton has been using salpa, a type of reconstituted leather, to produce some of the models for its leather goods products, which enables it to avoid using real leather.
The group uses leather offcuts to reduce waste. The group is working on eliminating chemical substances that are not compliant with the LVMH restricted substance list by specifically targeting hexavalent chromium in its leathers. Exotic leathers, including crocodile leathers, are also the subject of particular attention. LVMH owns an exotic leather tannery and several crocodile farms.
LVMH sales increased five per cent in 2016 and sales exceeded expectations in the first quarter of 2017. Louis Vuitton, in particular, has the fashion world's attention, with close to 20 million Instagram followers.
