Moscow Fashion Week concludes with a fusion of global chic and local innovation
Moscow Fashion Week concluded with a dazzling display of creativity, showcasing over 16 collections from Russian and international designers. The event presented a vibrant mix of styles, from bold grunge to romantic elegance, with a special focus on the fusion of Western and Eastern aesthetics.
The ramp at the fashion week was dominated by local designers, each offering a unique perspective. Gods Passion channeled a rebellious spirit with leather and denim, while Kolchuga embraced mystery with dramatic appliques and lace. Urban Romance offered a softer touch with flowing fabrics and lace blouses. General VI challenged the status quo with innovative takes on traditional designs, while Topaza Pella from St. Petersburg explored classic elegance with black and white trouser suits.
Adding a touch of global fair were international designers with Indian presence being particularly strong. NBC showcased a modern, wearable range while Geisha Design presented dazzling evening wear inspired by traditional saris. Serbian designer Darya Kipriyanova pushed boundaries with transformable clothing that allowed for quick outfit changes, a concept gaining traction for its sustainable aspect.
Besides established names, emerging talents like Measure from Makhachkala presented a modern take on history with his collection of Dagestani clothing. TimShee from Kazan presented a minimalist men's line with a Japanese influence. The week culminated with Ianis Chamalidy's versatile’The Art of Living’ collection blending classic and avant-garde elements.
Consolidating its position as a platform for diverse voices in fashion, the Moscow Fashion Week proved to be a testament to the seamless fusion of global trends with local traditions, showcasing innovative design that pushes the boundaries of what's possible.
Can EFTA countries become a gateway for Europe for Indian textile and apparel industry?
The European Free Trade Association (EFTA) nations have the potential to act as a bridge for the Indian textile and apparel industry to access the European market. The EFTA comprises Iceland, Liechtenstein, Norway, and Switzerland, all of which boasts of strong economic ties with the European Union (EU) through the European Economic Area (EEA) agreement. This agreement eliminates tariffs on most industrial goods, including textiles and apparel, traded between EFTA and EU nations.
Trade agreements between EFTA and Europe
The EEA agreement serves as the cornerstone of trade relations between EFTA and the EU in textiles and apparel. It ensures:
Duty-free movement of goods: Most textiles and apparel products can be exported and imported between EFTA and EU countries without any customs duties. Additionally, some EFTA countries have bilateral free trade agreements (FTAs) with the EU that further liberalize trade in specific sectors.
Harmonized standards: Both sides adhere to common technical regulations and safety standards, simplifying product compliance procedures.
Free movement of labor: Textile and apparel companies in EFTA can leverage the skilled workforce across Europe for enhanced production capabilities.
Textile and apparel trade between EFTA, EU
The EU is a major importer of textiles and apparel; imports reached €161 billion in 2022. This signifies a significant market opportunity for Indian exporters. And EFTA countries hold a significant share. Switzerland, for instance, is known for its high-quality textiles and clothing exports to the EU. India on the other hand is a leading textile and apparel producer, offering a wide range of products at competitive prices. By partnering with EFTA nations, Indian manufacturers can gain easier access to the lucrative EU market. While EFTA countries themselves might be smaller markets compared to the entire EU, they can serve as a stepping stone for Indian textile and apparel exporters. By establishing a presence in EFTA nations, Indian companies can benefit from duty-free access to the wider European market, gain valuable insights into European consumer preferences, and potentially build stronger relationships with European buyers.
Points to ponder
While EFTA presents a promising gateway, there are challenges to consider.
‘Rules of Origin’ is one of them. Companies must comply with specific rules of origin to qualify for duty-free access within the EEA. These rules ensure products originate from EFTA or EU countries. Competition is another factor. The European market is highly competitive, with established players from various regions. Indian manufacturers need to focus on quality, innovation, and cost-effectiveness to stand out. Also, efficient logistics are crucial for timely delivery across Europe. Partnering with EFTA companies with experience in navigating the European market can be beneficial.
Indeed, EFTA countries hold immense potential as a gateway for the Indian textile and apparel industry to access the European market. Leveraging the existing free trade agreements and strategic partnerships can pave the way for increased trade flows and mutual benefit. However, Indian exporters must be prepared to address challenges related to rules of origin, competition, and logistics for a successful foray into the European market through EFTA.
Russians designers redefine the runway at Moscow Fashion Week
The recent Moscow Fashion Week pulsed with a renewed energy, showcasing the rising prominence of Russian designers on the global fashion stage. This year's event wasn't just about showcasing stunning clothes; it was a testament to the resilience and creativity of the Russian fashion scene in the face of change.
A flourishing of homegrown talent
Gone are the days when Moscow Fashion Week was dominated by established names. This year, a wave of fresh talent took center stage, bringing a unique perspective to the runway, highlights this shift, mentioning designers from cities across Russia like Yekaterinburg, Kaliningrad, and Ulyanovsk presenting their collections alongside international brands .
Bold statements and cultural tapestry
The collections themselves were a kaleidoscope of bold colors, innovative silhouettes, and a touch of nostalgia for traditional Russian design elements. While the focus wasn't solely on traditional dress, many designers incorporated subtle nods to their heritage through rich fabrics, embroidery techniques, and reimagined historical silhouettes.
Standout trends
• Power dressing with a twist: Sharp tailoring and classic silhouettes were given a modern update with pops of color, unexpected textures, and asymmetrical hemlines.
• Sustainable chic: Eco-conscious design was a major theme, with designers using organic materials and upcycled elements to create unique pieces.
• The return of knitwear: Cozy knits were given a luxurious makeover with intricate detailing and unexpected layering.
Designers to watch
• Liza Okhor: This rising star's collection featured bold prints and playful textures, with a focus on empowering femininity
• Jan by Janina: Offering a contemporary take on traditional Russian craftsmanship, Jan's collection used hand-woven textiles and intricate embroidery to create truly unique pieces
• Gat? : Pushing the boundaries of gender-fluid fashion, Gat's collection offered a fresh take on suiting and outerwear
A bright future for Russian fashion
Veteran designer Slava Zaitsev spoke at the event about the challenges faced by the industry due to sanctions, but remained optimistic about the future: "We will find a way. We are a creative nation" . The outpouring of talent and innovation at Moscow Fashion Week is a testament to that creativity. Russian fashion is no longer on the rise – it has arrived, offering a unique voice and a fresh perspective to the global fashion conversation.
New payments rule causes 40% drop in orders for Indore garment units
Garment manufacturers in Indore are seeing a 40 per cent drop in orders due to a new rule requiring payments to suppliers within 45 days.
The garment industry typically operates on a much longer payment cycle. However, as a result of the new rule, manufacturers are being forced to cut back on production just ahead of the peak demand season, which starts around Eid.
Ashish Nigam, President, Readymade Textile Dealers Association says, the new rule makes clearing dues within 3 months a difficult task. The payment terms are forcing retailers to cut down on orders.
Readymade garments manufactured in Indore are supplied across the country with Tamil Nadu, Kerala and Andhra Pradesh as major markets sharing over 60 per cent of market share.
Due to the new rule, orders from Madhya Pradesh, Gujarat, Maharashtra and Southern India have declined. This is forcing most garment units to reduce manufacturing during the peak demand season amid confusion and doubts over the 45 day payment limit.
A hub for ready-made garment manufacturers, Indore has over 1,500 small and medium sized garment producers and festivals are the peak business season for the sector.
Donear announces Rs 400 crore investments in Jammu carpets unit
Marking its foray into home textiles, fabric maker, Donear has announced an investment of Rs 400 crore in a carpets and rugs production unit in Jammu, reveals Rajendra Agarwal,Managing Director.
The plant is expected to be operational within the next 24 months. Approximately 90 per cent of the products manufactured in this facility will be exported, according to Agarwal.
Donear debuted in the domestic market three years ago with the 'Neo Stretch' brand of fabric. Now, it plans to establish exclusive retail outlets dedicated to Neo Stretch products. Currently, Neo Stretch contributes to 10 per cent of Donear's domestic business. Additionally, Donear intends to inaugurate 50 to 100 multi-brand outlets showcasing its four national brands and eight sub-brands. The ambitious plan is to expand to 400 stores within three years.
With both the domestic and export textile markets expected to revive by July this year, Donear recently elevated its total spinleage to over 1 lakh. The company acquired two new spinning units. These units will help the company boost its revenues by Rs 400 crore, says Agarwal.
Shein to face stricter regulations for online content in the EU
Fast-fashion company founded in China, Shein, is poised to confront stricter regulations in the EU regarding online content, mirroring similar scrutiny faced by tech giant Meta Platforms.
Under the new rules known as the Digital Services Act (DSA), companies with over 45 million users are categorised as very large online platforms (VLOPs) and are required to intensify efforts against illegal and harmful content, as well as counterfeit products, on their platforms.
Shein, which has been eyeing a US initial public offering, expanded its marketplace into the EU in August 2023. The company disclosed that from August 1, 2023, to January 31, 2024, it averaged 108 million monthly active users across EU member states, a figure that caught the attention of the European Commission.
The DSA, which became effective for all online platforms on Feb 17, encompasses sixteen tech firms, including Amazon.com, and three pornography sites. These companies are currently under the scrutiny of the bloc, which is seeking information regarding the measures taken to combat illegal content and goods sold online. Moreover, the EU is conducting investigations into social media company X and ByteDance's TikTok, with potential fines of up to 6 per cent of a company's global turnover for violations.
The tightening regulations may pose another challenge for Shein's IPO plans, particularly as the company seeks approval from Beijing for a public listing that is likely to face rigorous scrutiny from US regulators.
UK-based cosmetics company The Body Shop declares bankruptcy
A renowned UK-based cosmetics company founded in 1976 by human rights activist and environmentalist Anita Roddick, The Body Shop is facing significant challenges. Recently, the company ceased operations in the United States and announced the impending closure of numerous stores across Canada due to bankruptcy proceedings.
In an official statement released earlier this month, The Body Shop declared the closure of its US subsidiary, effective March 1. Additionally, it disclosed plans to initiate liquidation sales at 33 out of its 105 Canadian stores immediately. Online sales through Canada's e-commerce platform will cease, although all Canadian locations will remain operational for the time being.
Celebrated for its commitment to natural, sustainable, ethical, and cruelty-free products, The Body Shop faced mounting challenges amid a shifting retail landscape and economic pressures. The rise in inflation in recent years particularly impacted the brick-and-mortar retailer, which primarily operated within malls and targeted middle-class consumers.
The Body Shop's ownership also changed multiple times over the years. The company was first acquired by cosmetics giant L'Oreal in 2006 for over $1billion. It was later sold to Brazilian company Natura in 2017 for a similar amount.
Natura's 2023 report highlighted The Body Shop's declining fortunes, with a significant 13.5 per cent Y-o-Y decrease in 2022. The challenges of that year, compounded by the normalisation of consumer behavior post-pandemic, contributed to a drop in sales, especially through direct-to-consumer channels.
In a bid to address its financial woes, The Body Shop was sold to asset management group Aurelius in a deal worth approximately $266 million late last year.
Mango to open 500 new stores by 2026
Founded four decades ago in Barcelona, Spanish fashion retailer Mango plans to open over 500 new stores by 2026, mainly in the United States, the UK, and France — its second-largest market after Spain.
Following a slowdown prompted by the COVID-19 pandemic, the family-owned company unveiled several large-scale stores worldwide including a 400-sq-m (1,300-sq-ft) store in Los Angeles, a similar-sized establishment in Manchester, England, and a flagship store in Bengaluru, India.
In the past year alone, Mango launched 115 stores, primarily in the United States, where its sales outlets have tripled, according to Cesar de Vincente, Global Director-Retail.
With stores spanning across 115 countries, Mango significantly expanded its presence, although it falls short of the nearly 6,000 stores worldwide owned by Inditex, the parent company of Zara, another Spanish clothing retail company.
This expansion drive propelled Mango's turnover, with expectations of it exceeding €3 billion ($3.3 billion) in 2023.
With roots tracing back to 1984, Mango opened its first shop on Barcelona's famed shopping street, Paseo de Gracia. Currently employing around 14,000 individuals, Mango aims to distinguish itself by elevating its position in the market. To enhance sales, Mango has enlisted high-profile ambassadors such as British model Kate Moss, Spanish actress Penelope Cruz, and French footballer Antoine Griezmann for its marketing campaigns.
Primark targets 100% sustainable cotton sourcing by 2027
One of Europe's leading fast fashion chains, Primark aims to source 100 per cent of its cotton from its sustainable cotton program, organic sources, or recycled materials by 2027.
Additionally, the company has set a target to manufacture all its products from recycled fibers or sustainably sourced materials by 2030. Currently, nearly 40 per cent of Primark's clothing comprises recycled fibers or more sustainable materials.
Earlier, Primark had announced its commitment to train an additional 125,000 smallholder cotton farmers in India, Pakistan, and Bangladesh in sustainable farming methods by 2023-end.
The company's sustainable cotton program educates farmers to use fewer chemical pesticides and fertilisers while conserving water resources. This initiative not only preserves biodiversity but also helps mitigate climate change impacts. Moreover, it reduces input costs for farmers, enhances yields, and boosts profits, according to Primark.
China to view VIATT's success with a mix of caution and opportunity
The recent show ‘The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 24’ sent a clear message: Vietnam's textile and apparel industry is a force to be reckoned with. The expo's success highlights a complex relationship between Vietnam and China, a story of competition and potential collaboration in the global market.
VIATT 2024: A Springboard for Vietnam
VIATT 2024 showcased Vietnam's growing capacity for mid-range apparel and value-added services, attracting new partnerships. Industry leaders believe the expo will strengthen regional collaboration within Southeast Asia, creating a more robust textile and apparel ecosystem. This new found confidence positions Vietnam as a key player, potentially influencing its future trade dynamics with China.
Data Table: Vietnam Textile & Apparel Exports (USD Billion)
| Year | Exports |
| 2020 | 31.1 |
| 2021 | 38.8 |
| 2022 | 40.0 (est.) |
| 2023 | 40 |
Vietnam shares a symbiotic, yet competitive landscape with China
From China's perspective, Vietnam is both a competitor and a collaborator. Vietnam's garment exports have surged to $40 billion in 2023, fueled by rising labor costs and trade tensions faced by China. However, Vietnam still relies heavily on China for raw materials like fabric, thread, and zippers with only 30-40% sourced locally. This creates a complex interdependence.
Vietnam: Trade agreements with China & the USA
Both China and Vietnam are members of the ASEAN Free Trade Area (AFTA), promoting lower tariffs for regional trade. This facilitates the movement of textiles and garments between the two countries. Whereas, China recently implemented stricter quality control measures (Order No. 259) for imported textiles, potentially impacting Vietnamese exports in the short term.
The US trade war with China has fueled the "China+1" strategy, with American companies seeking to diversify their sourcing. Vietnam's lower labor costs and geographical proximity make it a prime candidate, benefiting its garment industry. However, Vietnam still faces stiff competition from China in the US market, especially for high-volume, low-cost production.
Looking Ahead: Collaboration or competition?
Both China and Vietnam are experiencing rising labor costs and are moving towards higher-value production and automation. This shift could create opportunities for collaboration in areas like technology and design. Meeting stricter sustainability standards set by the EU and US will be crucial for both countries to maintain competitiveness.
VIATT 2024 has highlighted Vietnam's ambitions in the textile and apparel industry. China will likely view this with a mix of caution and opportunity. While Vietnam's rise presents competition, collaboration in areas like raw material sourcing and technological advancements could be mutually beneficial. The future of China-Vietnam textile trade hinges on navigating this complex dynamic, with VIATT potentially serving as a springboard for a more balanced and collaborative relationship.
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Sustainable fashion: Balancing materials and fair labor practices
The fashion industry has long been synonymous with cheap, disposable clothing and a relentless pursuit of the latest trends. Social media influencers, showcasing their fast fashion "hauls," have propelled this culture of overconsumption. However, a counter-movement led by figures like climate activist Greta Thunberg has emerged, championing sustainability as a lifestyle choice. As consumer choices face increasing scrutiny, what we wear is deeply intertwined with our identities.
Environmental impact of textile production
Behind the allure of fast fashion lies a significant environmental cost. The energy-intensive processes and reliance on synthetic materials contribute to 10 per cent of global carbon emissions, surpassing even the aviation sector. Despite these alarming figures, there's a glimmer of hope as consumer sentiment shifts towards sustainability, with over 70 per cent expressing willingness to pay more for ethically produced goods.
The textile industry grapples with the challenge of meeting market demands while ethically sourcing environmentally friendly materials. The Asia-Pacific region dominates the ethical fashion market, reflecting a growing awareness and demand for sustainable practices. However, achieving this balance requires a holistic approach that considers both environmental and social impacts.
Materials matter: The role of MMCFs
A significant aspect of the industry's transition involves the adoption of sustainable materials, particularly Man-made cellulosic fibers (MMCFs) derived from plant-based sources. While these offer a greener alternative to synthetic fibers, challenges such as deforestation and ethical labor practices in their sourcing must be addressed. A comprehensive approach that encompasses the entire lifecycle of these fibers is essential for meaningful progress.
The Rana Plaza tragedy serves as a stark reminder of the human toll behind the fashion industry's relentless pursuit of profit. Exploitative labor practices, inadequate safety measures, and wage theft persist in many regions. Transparency emerges as a key solution, empowering consumers to make informed choices and holding brands accountable for their supply chain practices.
Toward a sustainable future: Accountability and transparency
Initiatives like Fashion Revolution and the Fashion Transparency Index aim to shed light on the systemic challenges within the industry. However, progress remains slow, with many brands failing to address labor and environmental concerns adequately. Independent certification schemes like PEFC offer promise in verifying sustainable sourcing practices, but their effectiveness in addressing social issues warrants further scrutiny.
While consumer demand for sustainable fashion grows, true transformation requires collaboration across the supply chain. Brands must move beyond superficial changes and actively engage with suppliers, communities, and NGOs to embed ethical practices. The challenge lies in ensuring that sustainability encompasses both material sourcing and labor standards, reflecting a genuine commitment to positive change.
As the ethical fashion segment continues to expand, the industry faces a critical juncture. Will brands rise to the challenge of aligning profit with purpose, or will superficial gestures overshadow genuine progress? The answer lies in a collective effort to prioritize sustainability, transparency, and ethical labor practices across the fashion ecosystem.
Denim expert leads industry in sustainable practices
Denim Expert Ltd. emerges as a beacon of sustainability in the garment manufacturing sector, spearheading a transformative shift towards eco-conscious practices. Pioneering the charge towards zero impact, the company's unwavering commitment to environmental stewardship takes center stage with its pledge to achieve 100 per cent water recycling and eliminate the discharge of hazardous chemicals.
At the heart of this endeavor lies the unveiling of a cutting-edge effluent treatment plant (ETP), signaling a monumental leap in sustainable water management. This state-of-the-art facility underscores Denim Expert's relentless pursuit of reducing its ecological footprint and safeguarding local ecosystems through advanced water treatment technologies.
Mostafiz Uddin, Managing Director and CEO of Denim Expert Ltd., emphasizes the company's steadfast dedication to sustainable manufacturing practices. He champions the establishment of the new biological ETP as a testament to Denim Expert's commitment to upholding values that foster a healthier planet for generations to come.
Denim Expert's proactive stance on sustainability has earned global recognition, with accolades including being named a 'New Champion' by the World Economic Forum and partnerships with esteemed organizations such as the Sustainable Apparel Coalition, UNFCCC, and the Ellen MacArthur Foundation's Jeans Redesign program.
The company's initiatives, including joining the Partnership for Cleaner Textile and implementing the 3E program, underscore its resolve to achieve 100 per cent water reuse and reliance on solar energy, cementing its position as a harbinger of positive environmental change.
Under Uddin's leadership, Denim Expert's sustainability initiatives have garnered prestigious awards, including the 'Sustainable Fashion Champion' at the Drapers Sustainable Fashion Awards 2021 and Uddin's recognition as a 'Sustainability Thought Leader' in the Vogue Business 100 Innovators list for 2023. These accolades underscore Denim Expert's role in leading the fashion industry towards a more sustainable future.
Beyond its environmental endeavors, Denim Expert champions corporate social responsibility by employing marginalized individuals and advocating for higher education for female employees. The company's support for worker welfare associations further highlights its commitment to social inclusivity and welfare.
In essence, Denim Expert Ltd.'s proactive approach to safety, sustainability, and responsible business practices positions it as a catalyst for positive change. With an unwavering commitment to continuous improvement, Denim Expert leads the charge towards a brighter, more sustainable future in the garment manufacturing industry.
RCEP: Countries see mixed fortunes in textile and apparel trade, Cambodia remains top gainer
The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, has shown promising results for Cambodia in its first year. Its total trade with RCEP members reached nearly $30 billion, with exports growing by 28 per cent and imports falling by 13 per cent. However, the story is not without its nuances, and challenges remain for the future.
Cambodia emerges biggest gainer
RCEP has facilitated increased regional trade. Overall trade between Cambodia and other RCEP members reached nearly $30 billion in 2023, a positive sign for regional integration. Tariff reductions have benefited specific countries. Cambodia's exports to several RCEP members, like Indonesia, grew due to lowered tariffs. Indonesia emerged as the biggest gainer, becoming Cambodia's 6th largest trading partner with a 15 per cent trade volume increase. While imports also grew initially, they stabilized in 2023, potentially suggesting a shift towards higher value-added exports
|
Year |
Cambodia-RCEP Trade Value ($ billion) |
Cambodia Exports to RCEP (($ billion) |
Cambodia Imports from RCEP (($ billion) |
|
2021 (Pre-RCEP) |
N/A |
N/A |
N/A |
|
2022 |
25.8 |
6.35 |
19.45 |
|
2023 |
30.0 |
8.17 |
21.28 |
Concerns about gains
Even though RCEP promises tariff free trade among members, there are several concerns about its outcome. Viz.
Unequal benefits: Concerns exist regarding potential uneven distribution of benefits among member countries, with larger economies potentially dominating trade.
Competition: Increased regional competition within the textile and apparel sector could pressure smaller players like Cambodia to further enhance competitiveness.
Non-Tariff barriers: Simplifying non-tariff barriers remains crucial to fully unlock RCEP's potential. Concerns remain regarding non-tariff barriers. Complex customs procedures and regulations continue to hinder smooth trade flow in some regions. Some RCEP members saw declining exports from Cambodia, highlighting the need for diversification and value chain integration.
Road ahead
The RCEP is expected to further boost Cambodia's trade and economic growth. Diversifying exports beyond textiles and apparel remains crucial for long-term sustainability. Cambodia must address infrastructure gaps, improve logistics, and enhance competitiveness to fully capitalize on RCEP benefits. To move ahead, it’s important to eliminate trade barriers and foster regional cooperation to create a robust, integrated market. Streamline regulations, invest in infrastructure, and promote innovation for success. Moreover, countries need to look beyond traditional garment production and explore opportunities in higher-value segments like technical textiles and eco-friendly apparel.
Alchemie Technology to unveil new digital textile dyeing process in April 2024
Renowned for its pioneering digital textile dyeing solutions, Alchemie Technology will unveil the first-ever in-market demonstration of its innovative Endeavor digital textile dyeing process at Nantou, Taiwan, from April 10-12, 2024.
This exclusive event will offer attendees a unique opportunity to witness the Endeavor digital dyeing solutions in action, focusing specifically on polyester woven fabrics. Alchemie Endeavor represents a groundbreaking digital dyeing technology that empowers fashion apparel brands and dyehouses to drastically reduce their carbon and chemical footprint, while simultaneously achieving substantial operational cost reductions of up to 50 per cent.
The innovative solution by Alchemie dramatically cuts down energy and CO2 emissions by up to 85 per cent, facilitates chemistry savings of up to 30 per cent, and slashes water usage by up to 95 per cent, effectively eliminating wastewater pollution associated with traditional dyeing methods.
Alchemie Technology will also organise a demonstration of its newly launched breakthrough Discovery lab system at the event. The Discovery system serves as a cost-effective research tool designed to offer a comprehensive understanding of Alchemie’s digital dyeing technology. It replicates the production process of Endeavour and eliminates the need for traditional lab dip processes.
Furthermore, Alchemie will unveil its ambitious plans for 2024, showcasing a wide array of applications and fabrics that push the boundaries of innovation in the textile industry.
Dr. Alan Hudd, Founder and CEO emphasises the company's commitment to bringing about positive change by addressing climate change through clean-tech technology. He highlights the urgency for brands and governments to realise the importance of achieving Environmental, Social, and Governance (ESG) targets and to actively participate in this endeavor.
