The global spread of Coronavirus (COVID-19) is continuously impacting the fashion industry. Besides other consequences the pandemic is having on the market, one major impact is on the development of new fabrics, styles and sales models. For instance, China-based jeans wear maker, Advance Denim recently introduced bio-a... Read more
Uncertainty over the control of COVID-19 has led to a decline in trading in various industries as buyers are refraining from making new purchases. Especially cotton is nearing its lows of early December 2019, after a rally in January. Though in the last few weeks, sale and shipments of cotton have seen strong business ... Read more
"The recently approved Textile Policy 2020-25 of Pakistan sets an ambitious target of increasing the country’s textile exports to $28 billion by 2025. To achieve this target, the country aims to boost cotton production from nine million bales to 20 million bales within five years. It also aims to improve the qual... Read more
"With many markets witnessing slower growth and low consumer confidence, the fashion industry is going through a seismic transformation. As the recently released ‘The State of Fashion 2020’ report by The Business of Fashion reveals, under pressure brands are embracing digital operations, boosting earnings w... Read more
There is a well-known saying in China’s textile industry to commend Shenzhou International Group quoted as “Shenzhou is to the knitting industry what Foxconn is to the electronics industry”, speaking highly of the knitting giant that has grown up synchronically with the rapid development of the whole ... Read more
ICRA expects Indian apparel exporters to report moderate profits in FY20, with pressures likely to sustain at least in the near term, and turnover growth to be subdued, except for a few larger players with an established client base. The industry is facing numerous challenges like increased bargaining power of buyers a... Read more
Swiss textile machinery companies made a major impact at the inaugural ITME Africa trade show, with 12 member companies from Swissmem (the Swiss Textile Machinery Association) presenting their latest technologies. The event, staged in the Ethiopian capital Addis Ababa from February 14 to 16, featured more than 170 exhi... Read more
Since the last few years, the Indian textile industry has been facing problems like technological obsolesce, high input cost (power & capital), poor access to credit, fragmented units, absence of fiber neutrality etc. To address these issues, the government has been implementing various schemes over the years.
It ... Read more
Apparel sourcing in 2020 started with similar theme of volatility and rapid change amongst major suppliers for US brands and retailers, new patterns are now emerging as the year progresses.
China’s supremacy challenged by smaller countries
One of the most notable changes is the fading of China’s unchallen... Read more
Messe Frankfurt India has announced the Screen Print India 2020 - New Delhi debut edition. The trade fair will be held from 21 – 23 August, 2020 at Pragati Maidan, New Delhi concurrently with yet another premier tradefair Gartex Texprocess India.
Messe Frankfurt India Trade Fair Pvt Ltd, the Indian subsidiary of... Read more
The Mumbai unit of the Textile Association (India) organised a One-day seminar on “Opportunities for Textile Industry in Challenging Scenario” on February 29, 2020 at Hotel fortune Park Galaxy, Vapi (Gujarat). The seminar was inaugurated by Rajnikant S. Bachkaniwala, Chairman, Palod Himson Machines.
Rajnik... Read more
Graham Clark, Director of Marketing, British Wool explains why global expansion will benefit UK wool producers
British Wool is a farming co-operative. What value does this add for a producer?
Farming co-operatives provide strength in numbers, they’re about supporting the whole industry, at British Wool this mea... Read more
"The newly rebranded Intertextile Shenzhen Apparel Fabrics (formerly Intertextile Pavilion Shenzhen) will take place from July 15 to 17, at a brand new venue – the Shenzhen World Exhibition and Convention Center. Over 2,000 exhibitors are expected to join in a space spread over 60,000 sq. mt (2019: 1,065 exhibito... Read more