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Apparel Export promotion council (AEPC) has begun an incubation and resource center at its head office in Gurgaon. The center will provide an opportunity to startups to connect with investors, mentors and corporates it will also serve as a startup Incubation center where entrepreneurs from Textile/ Apparel/ Fashion sector will work, interact and accelerate their companies. The resource facility will also provide an opportunity to startup entrepreneurs to undergo training and participate in workshops and competitions conducted by the Industry partners of AEPC.
AEPC Chairman Ashok Rajani says that, India is world’s second largest exporter of textiles and the textile and clothing sector accounts for around 5 per cent of country's GDP and 15 per cent of Industrial output Supporting Indian manufacturing companies to enter and expand in foreign markets is one of the main mission of the AEPC and to help the council in the fulfillment of its objective, the AEPC Incubation and Resource facility has been initiated. The Centre will act as an Innovation hub and information dissemination center for the innovators and industry, bridging the gap between them.
To facilitate creation of new knowledge through acquisition, organization and dissemination of knowledge resources the AEPC Incubation and Resource center is envisioned to provide information to exporters on foreign markets, to serve as a Startup Incubation center.
Incorporated in 1978, AEPC is the official body of apparel exporters in India that provides invaluable assistance to Indian exporters as well as importers/ international buyers who choose India as their preferred sourcing destination for garments.
Biryogo market in Kigali, sold garments those are discards from men living in countries thousands of miles away.
But last year, Rwanda, Kenya, Tanzania, Uganda and Burundi announced their intention to phase out imports of second hand clothing and shoes from western countries by 2019.
But the decision in Rwanda has divided the population and left the tiny landlocked country in a trade dispute with the US. 'It's about our dignity’ says the country.
The report analyses worldwide production, trade and consumption stated that the Man-made fibres (MMF) production grew by around 5 per cent annually in the last 10 years while those of cotton and wool fell by 1.6 per cent and 1.2 per cent respectively, says the 53rd edition of ‘Information on Man-made Fibres’ published by the European Man-made Fibres Association (CIRFS).
The report also said that Europe is the world’s largest exporter of acrylic and cellulosic fibres and the biggest producer of ultra-high strength fibres and of polypropylene fibres. It is one of the global leaders in man-made fibres innovation and quality and its output is used in fashion, home textiles and various technical uses.
According to the director general Frederic Van Houte the European man-made fibres industry is the largest supplier of raw materials to the European textile industry.
Last fall, Paris-headquartered womenswear brand Ba &Sh opened a handful of boutiques on the East Coast. Now it is getting ready to unveil a new store in Beverly Hills, Calif.
The company recently put up storefront posters at 404 N. Beverly Drive announcing it will be doing business soon at the corner of Brighton Way and Beverly Drive. The 1,600-square-foot space was the former address for an Aldo footwear boutique and a location for the Kimora Lee Simmons brand.
The name Ba &Sh stands for the first names of founders Barbara Boccara and Sharon Krief, friends since childhood in France. They introduced the brand in 2003. Currently it is sold at more than 400 locations around the globe.
In 2015, private-equity firm L Catterton acquired 50 percent of the brand for an undisclosed amount to support Ba &Sh’s international expansion.
L Catterton is a partnership of luxe conglomerate LVMH; GroupeArnault, the family holding company of Bernard Arnault, LVMH’s chairman and chief executive officer; and U.S. private-equity company Catterton. Its portfolio of brands includes Rhon
Under the banner ‘Sustainable Backings’ Freudenberg Performance Materials will be exhibiting at Domotex in Hannover, Germany, from January 12 to 15, 2018. At Domotex, the world's leading trade fair for floor coverings, Freudenberg Performance Materials will be presenting its spunlaid nonwovens. These are an essential component of high-quality textile floor coverings.
As a leading global manufacturer of innovative technical textiles, the company will also be highlighting its contribution in helping carpet manufacturers to design more sustainable products and reduce their environmental footprint, yet maintain high stability and uniformity.
Manufactured using a proprietary Freudenberg technology, polyester spunlaids fulfils the demand for high-quality primary and secondary backings for carpet tiles, broadloom carpets and walk-off mats. They provide high dimensional stability, reliable and precise pattern repeat, exceptional lay-flat characteristics and constant surface uniformity.
Non-fraying edges permit precision fitting of carpet tiles as well as wall-to-wall applications. Freudenberg’seco-friendlytuft backings enable carpet manufacturers to combine high performance and sustainability in their products. At the fair, the company will be presenting their eco-friendly tuft materials for use as primary and secondary backings for carpets and carpet tiles. These products are made from recycled polyester, are 100 per cent recyclable and contain no chemical binders.
Taking inspiration from this year’s Domotex theme ‘Unique Youniverse’, Freudenberg’s stand will provide a unique experience with an immersive design and a carpet printed especially for the trade fair using the latest digital carpet printing technology. The carpet naturally features a Freudenberg primary backing.
Last fall, Paris-headquartered womenswear brand Ba &Sh opened a handful of boutiques on the East Coast. Now it is getting ready to unveil a new store in Beverly Hills, Calif.
The company recently put up storefront posters at 404 N. Beverly Drive announcing it will be doing business soon at the corner of Brighton Way and Beverly Drive. The 1,600-square-foot space was the former address for an Aldo footwear boutique and a location for the Kimora Lee Simmons brand.
The name Ba &Sh stands for the first names of founders Barbara Boccara and Sharon Krief, friends since childhood in France. They introduced the brand in 2003. Currently it is sold at more than 400 locations around the globe.
In 2015, private-equity firm L Catterton acquired 50 percent of the brand for an undisclosed amount to support Ba &Sh’s international expansion.
L Catterton is a partnership of luxe conglomerate LVMH; GroupeArnault, the family holding company of Bernard Arnault, LVMH’s chairman and chief executive officer; and U.S. private-equity company Catterton. Its portfolio of brands includes Rhone, Sweaty Betty, Seafolly swimwear and the Equinox high-end fitness studios.
The Head of the Cotton and Textile Industries Holding Company in Egypt, Ahmed Mostafa recently said that during the Parliament’s local administration committee’s meeting held to discuss a complaint regarding the misuse of state’s lands aligned with a spinning and weaving company in Beheira governorate, the government has come up with a five year plan to develop spinning and weaving companies in northern Egypt. This five year plan need money to the tune of about LE 20 billion.
As per the complaint, these lands were being sold and leased out for personal gains. Mostafa upheld the complaint that these lands were misused and said that this issue was under investigation. The government is working on resolving such issues through development plans for the spinning and weaving industry across the country so that the sector regains its past glory.
Mostafa assured that some of the companies’ lands will be used to secure the LE 20 billion needed to finance the government’s plan to develop the spinning and weaving industry in the north Egyptian governorates of Alexandria, Beheira and Gharbia. The Government aims to make these governorates attractive to the spinning and weaving industry.
In November, Gharbia Governor Ahmed Sakr said that an industrial zone for spinning, weaving and ready-made garments would be established in Mahalla. The project comprises three industrial zones targeted at attracting new investments of around LE 2 billion, it is expected to create 25,000 jobs and establish more than 100 new spinning and weaving mills to develop Egyptian industries — along with participation of the private sector.
Fashion designer Blake M. Patterson just announced its first mid-luxury ready-to-wear line. The designer released its collection just in time for the holidays as a lifestyle line including high-quality pieces with a special message.
The Putin Capsule collection combines both everyday clothing along with a bit of street style. The collection includes seasonal t-shirts, hoodies, sweaters, wool scarfs and more. The launch came from Patterson's past experience on Project Runway, where he joined the cast of the show's 14th season. He also showcased projects including an unconventional materials challenge for Macy's Front Row 2015 as well. He first launched his brand in 2016 with a modern, sophisticated style for women and men.
Moving forward, Patterson has put out this new launch with a message a unity and peace, reflecting the collection's name in honor of Russian leader Vladimir Putin. The brand is launching on Etsy as well as additional shopping sites to follow shortly.
The Chairman of the Apparel Exports Promotion Council (AEPC) was not happy with the fact thllat apparel exports from India have fallen down by 12 percent in the last three months as a result of GST. AEPC is of the viewthat the tax burden on the industry has increased post the transition to GSTfrom July this year and urged the government to take necessary step to enhance exports from the country.
As part of the Council’s efforts it has opened an office in the apparel and textile hub of Gujarat at the Gujarat Chamber of Commerce and Industries (GCCI) to lend a helping hand to the State’s garment manufacturing industry and help textile units make a smooth transition from farm to fashion.
Chairman, AEPC, Ashok Rajani was reported to have said.“There are several taxes which have not been subsumed under GST, including petrol-transportation, electricity and cotton seeds which increase the tax burden by 11.5 per cent. Due to this, the industry is suffering with apparel exports declining 12 percent over the last 3 months.
“Currently, apparel exports from India are worth $17 billion and if the government takes necessary measures, this is likely to grow by 20 per cent,” he added.
GCCI also announced that it will organise an international exhibition ‘Farm to Fashion’ to promote textile and apparel in the second week of March 2018.
The US Generalized System of Preferences (GSP) program for Sri Lanka and other beneficiary countries would expire on December 31, 2017, as the US Congress did not re-authorize GSP before adjourning for the year confirmed the US Embassy.
Accordingly, the immediate effect of GSP expiration is that the GSP eligible imports to the US from Sri Lanka and other GSP beneficiary countries and territories will be subject to non-preferential duties beginning January 1, 2018
In a statement, the embassy stated that the US is proud to serve as the top export market for Sri Lanka. According to the Global Trade Atlas, in 2016, the US imported $2.8 billion of Sri Lankan goods.
The US Customs and Border Protection’s web site has a page dedicated to GSP program information with detailed information on importation procedures during a program lapse.
