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The World Fashion Convention will be held in Holland, on October 9 and 10, 2018. The convention is a well-established event, bringing together leaders from the fashion industry from over 20 countries. On top of that, visitors get acquainted with the local fashion supply chain of the host country.
The event is hosted by the International Apparel Federation (IAF). This is a unique global federation uniting fashion industry associations, brands, retailers and major suppliers to the industry. Through the convention, IAF offers a place for the fashion industry to meet, to be informed and to be inspired by top national and international speakers.
The World Fashion Convention is being held in the city of Maastricht. This is a fashion conscious, smart and creative city with a strong international character and in close proximity to world class logistic and material science hubs. Here, a new type of fashion industry is coming to life: more interdisciplinary and with a bigger focus on technology and on sustainability.
Every year IAF organized a convention for its members, relations and all other interested parties called World Fashion Convention. The convention caters to industry leaders and therefore, covers a broad spectrum of strategic issues, ranging across the supply chain, from raw materials to retail and from sourcing and supply chain management to retail and branding.
Gerber Technology has software product lines that make it easier for customers to adopt technology and achieve optimization through improvements in their digital workflow. The world’s leading brands rely on Gerber to help them through their digital transformation.
Improvements have been made to the AccuMark family of products and a planned launch of YuniquePLM 8.0 coming in 2018. AccuMark Cloud offers all the features of AccuMark, the industry-leading pattern design, grading, marker making and production planning software, with the benefits of cloud computing.
AccuMark Creator leverages the core functionality of the YuniquePLM product in the form of simple AccuMark add-on modules beginning with virtual sample management, allowing AccuMark users easier and more efficient collaboration with internal and external partners.
Gerber Technology is partnering with Avametric on an advanced 3D simulation engine that powers AccuMark 3D, integrates into AccuMark 2D and gives users the most realistic representation of fabric properties to create digital samples, saving companies up to 50 per cent of time and associated cost. The Avametric partnership also expands Gerber’s 3D offer to cover the complete apparel value chain from retail/consumer all the way through design, development and production.
Yunique PLM 8.0 is the latest in easy-to-use, cloud-based PLM with an exciting, new look, more intuitive functionality and equipped with a self-guided tutorial for easier training and adoption.
Taipei In Style (TIS) is being held in Taiwan from November 16 to 19, 2017. This is an annual fashion trade show featuring displays, seminars and competitions. The fair aims to promote the country’s fashion industry and boost exchanges between local fashion talent and global professionals.
Promoted as an all-in-one trade fair, the event comprises house shows, seminars and business matching meetings. There are 208 booths for the 145 participating local and foreign exhibitors, while 14 fashion shows, four seminars and some design competitions will be held during the fair.
Taipei In Style is designed to give Taiwanese designers exposure, to further enhance the image of Taiwan and Asia, while enriching the regional and global market.
The event is punctuated with Taiwanese designers and their creative philosophies, as well as pieces from Japanese, Hong Kong, Korean, and other designers of varying nationalities. The theme of this year's show, a sustainable fashion future, is recognizable in each of the looks, each simultaneously futuristic and emanating eco-awareness. Garments of royal-colored furs mix with bright plaids and oh-so-many textures valiantly stand out as the models walk. Upbeat sounds, like a waterfall over a riverbed of plastic, accompany the models down the catwalk.
The menswear selections in particular resonate presence and confidence. Palettes both light and dark pair with unexpected garment lengths.
The global market for cooling fabrics is projected to grow at a compound annual growth rate of 11.1 per cent by 2024. Cooling fabrics help to keep the wearer’s body cool. The fabrics also help evaporate sweat and provide protection against heat stress.
The dramatic rise in market value over the years is being attributed to global technological advances combined with a rising awareness of cooling fabrics in the consumer sphere. Changing consumer trends and preferences, together with increasing R&D activities, are expected to drive the growth of the cooling fabrics market over the forecast period.
Cooling fabrics are getting prominence in sportswear and leisurewear, and as these two market areas are also growing in regions such as North America, Europe and Asia-Pacific, the market is set to grow even further.
Synthetic cooling fabrics currently dominate the market, with the trend expected to continue throughout the forecast period. Synthetic fabrics offer a wide range of benefits when compared to rival materials. Synthetic materials include polyester, nylon, rayon and spandex, which are not only breathable, but allow effective ventilation. These fabrics are also easily acquired for manufacturing.
Enhanced cooling and moisture management is one of the key benefits, particularly with regards to the sports and athleisure market. In addition, synthetic fabrics also provide higher strength and durability, meaning that they can be used for a wider variety of applications. The segment is expected to account for a large share of the overall market.
Colombiatex will be held from January 23 to 25, 2018. It will showcase textile-garment sector of Latin America. On display will be textiles, specialized solutions, supplies, chemicals, and machinery and more. More than 550 national and international exhibitors are expected with close to 15,800 buyers from 60 countries and more than 22,000 visitors, the trade show will be the meeting point for entrepreneurs, buyers, producers, marketers, managers of design, marketing, from the complete value chain of retail companies, students, renowned Colombian designers, and important communication media.
Colombiatex not only establishes the business agenda for American continent but also brings together supply and demand from every segment of the industry and every fashion category. Brazil will be a guest country in this edition.
Last January’s event hosted over 21,924 national and international visitors, 5.5 per cent more than last year. It had 510 exhibitors, mainly from Colombia, India, Brazil, Spain and Italy, as well as 1,928 international buyers, nine per cent more than last year.
Close to 41 per cent of the investments were directed towards textile purchases, 23 per cent for machinery and equipment, ten per cent for trims and fittings, seven per cent for chemical products, seven per cent for threads and yarns and 12 per cent registered for other categories.
In a development that might prove to be disastrous for the knitwear, garment and textile industry of Ludhiana, which has a turnover of Rs 15,000 crore per year and accounts for 95 per cent of total hosiery production in India, the Union government's move to cut down the duty drawback incentive on export of readymade garments from 7.7 per cent to 2 per cent.
In one of the worst drop registered this year, exports from the country have fallen more than Rs 3,712.67 crore in the month of October as compared to corresponding period last year. According to city exporters, this massive decline is just the beginning and the worst is yet to come as Pakistan has announced a large number of incentives for its garment and textile exporters under its prime minister's package of incentives.
Exporters are worried as they feel this move by Pakistan will hit them very hard in the global market as they will be unable to compete with the exporters of Pakistan due to cut in their incentives. It is an emergency situation for garment exporters as the duty drawback has almost been totally finished by the government. It is said that the situation won’t improve Until the union government tries to match the incentives given by the neighboring countries like China, Pakistan and Bangladesh to their exporters.
Cambodia’s garment exports are expanding at five per cent. Similar growth is expected in coming years if certain issues hindering the industry are addressed. Issues now hampering the sector include: high production costs, low productivity and access to a limited number of markets. The minimum wage will be raised from January. So, factories hope for a change in productivity, a reduction in the cost of doing business and new policies to help investors.
Cambodia’s total export volume reached $9 billion during the first nine months of the year. Eighty per cent of that trade consisted of garments or footwear. In 2016, Cambodia’s garment and footwear industry had 786 factories and a workforce of more than 7,00,000 people. The main export markets for Cambodian garments are the EU, the US, China, New Zealand and Japan.
Cambodia wants international buyers to increase investment in the garment and footwear sector and introduce new technologies. The garment sector is burdened by low productivity brought about by outdated technology, which sinks a country into low positions within global value chains.
A workshop will be set up with buyers, unions, factory owners and government agencies to hear from all sides and collectively prepare a strategy to guide development in the sector.
Cambodia has benefited from the US’ GSP scheme since 1997. In July last year, the US expanded GSP preferences to Cambodia by allowing Cambodian-made travel goods to enter the US market duty-free. However, Cambodia hopes footwear exports are included in the GSP scheme. This is an unlikely, since footwear has never been included in the scheme since it was established in 1976.
Meanwhile the US will review countries that have been granted GSP and see how they score on criteria like combating child labor, respecting internationally recognised worker rights, providing adequate and effective intellectual property protection, and providing the US with equitable and reasonable market access.
If a country fails to meet the criteria, the US could trigger a full review and strip a country of its status, thus ending duty-free access to the world’s largest consumer market. In the past, the US has excluded some countries from GSP coverage because they supported terrorism, for example, Libya, or were communist, like Vietnam, or were deemed to be facilitating intellectual property piracy.
Cambodia, for one, has always met criteria for the GSP scheme and secured its eligibility because of improvements in working conditions, especially in the garment industry that has seen higher wages.
In Q3 The Children’s Place net sales increased 3.4 per cent. Comparable retail sales increased 5.1 per cent.
Adjusted operating income in the third quarter of 2017 was 14 per cent of net sales. The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. It delivered exceptional operating results in the third quarter with comparable retail sales, gross margin, operating margin and earnings per diluted share all exceeding last year’s. Merchandise margin expanded for the eleventh consecutive quarter.
Store traffic experienced sequential improvement for each of the past six quarters and all of the key retail metrics increased - AUR, ADS, UPT, transactions and conversion. The retailer continues to make significant progress against each of its strategic growth initiatives - superior product, business transformation through technology, global growth through alternate channels of distribution and fleet optimization - all of which are supported by a best-in-class management team.
The company ended the quarter with 1,027 stores. Its international franchise partners opened 10 points of distribution and closed three in the third quarter, and the company ended the quarter with 168 international points of distribution open and operated by its seven franchise partners in 19 countries.
Leading industrial thread manufacturer and a major player in the Americas textile crafts market, Coats has roped in Hongyan Echo Lu (Echo) as a non-executive Director. She has 20 years HR, operations and general management experience. Echo started at Bristol-Myers Squibb, a global biopharmaceutical company, where she spent seven years in a series of HR roles. She spent 10 years at Tesco and was the managing director of Homebase. A bachelor of arts in international economy and finance from Fudan University and a master of science in industrial relations and human resources from West Virginia University, Echo is a native Mandarin speaker.
Echo has previously been a non-executive director at Dobbies Garden Centres and served as a steering committee Member of the Trestle Group Foundation, a non-profit organisation which supports women-led businesses in emerging economies. Coats hopes to benefit from her direct managerial experience in global companies operating in Asia, particularly Northeast Asia.
UK-based Coats, is at home in some 60 countries, Coats employs 19,000 people across six continents. Coats is the second largest supplier of zips to global brands. Each year it makes enough thread to go into eight billion pairs of jeans.
