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Purchasing power of Gen Z consumers determine fashion trends today

Purchasing power of Gen Z consumers determine fashion trends today

    Almost 25 per cent of global population fall under GenZ category consumers. In developed countries as well as in urban pockets of emerging economies like India, Gen Z has the unique advantage of being the first generation of digital natives who are supremely confident of themselves and are genuinely... Read more

Resale fashion ready to close the circularity loop

Resale fashion ready to close the circularity loop

    The once looked-down upon as the poor woman’s go-to, second hand fashion is no longer the poor country cousin but all the rage as societal changes are amply clear about today’s aware and evolved consumers habits, their relationship with ownership of material things and their buying behav... Read more

Pakistan struggles for renewal of EU’s GSP Plus scheme

Pakistan struggles for renewal of EU’s GSP Plus scheme

    Pakistan, a significant beneficiary of the European Union’s GSP Plus scheme, is finding it tough to secure renewal for the next period starting 2024. GSP Plus booster for exports The GSP Plus is a special incentive arrangement for sustainable development and good governance and Pakistan has ... Read more

SHEIN faces multiple accusations in US, South Africa of using slave labor a…

SHEIN faces multiple accusations in US, South Africa of using slave labor and evading tariffs

    A coalition named "Shut Down SHEIN" is running a campaign to raise awareness of Shein's alleged human rights abuses and questionable business practices. Shein is a fast-fashion company based in China, claimed to have with links to TikTok and the Chinese Communist Party. The campaign's objective is ... Read more

Right merchandising can help fashion brands succeed in today’s uncertain en…

Right merchandising can help fashion brands succeed in today’s uncertain environment: McKinsey

    “Great merchandising, like great value, never goes out of fashion. In a dynamic and increasingly digital apparel, fashion, and luxury market, companies that get merchandising right tend to outperform their peers,” says McKinsey. In their article ‘Great merchandising never goes out ... Read more

Proposed mega textile parks a potential game-changer for India's textiles i…

Proposed mega textile parks a potential game-changer for India's textiles industry

    The government’s decision of setting up seven Mega Integrated Textile Region and Apparel parks across the country will boost India’s textile industry and take it to the next level. The initiative aims to create world-class facilities, state-of-the-art infrastructure and an integrated val... Read more

As Sri Lanka’s apparel workers face lay-offs, brands need to take responsib…

As Sri Lanka’s apparel workers face lay-offs, brands need to take responsibility

     Yohan Lawrence, Secretary General, Joint Apparel Association Forum (JAAF), Sri Lanka, is optimistic the country can increase its annual apparel export revenue by at least $500 million if they are allowed to export more items to India. Indeed, Sri Lanka’s apparel manufacturers have succes... Read more

India’s fashion retail segment poised for good growth with return to normal

India’s fashion retail segment poised for good growth with return to normal

    Finally India’s fashion retail can look ahead with more optimism as the sector is expected to see good double digit sales growth in FY23. As per a report by credit rating agency ICRA, rising discretionary spending and normalisation of store operations post pandemic, India’s fashion retai... Read more

Global inflation hits some countries harder

Global inflation hits some countries harder

    Top apparel exporters have been hit badly by ongoing inflation and unstable prices across the globe.Retail outlets are finding it tough to pay electricity bills,shipping charges and other logistics. At the same time, food prices have almost doubled leaving consumers cash-strapped in many countries a... Read more

February sees US apparel store sales grow as India’s exports share rise: Wa…

February sees US apparel store sales grow as India’s exports share rise: Wazir Advisors

    Despite inflationary pressures, monthly apparel store sales in the US for February 2023 recorded a 13 per cent increase to reach an estimated $14.9 billion compared to the same month of 2022. In 2022, sales were 7 per cent higher than in 2021. This was revealed in Wazir Advisors March 2023 ‘Ap... Read more

As inflation impacts sales, fashion brands look for ways to cope with press…

As inflation impacts sales, fashion brands look for ways to cope with pressures

  Global fashion industry, just like most other consumables industries have realised the ongoing inflation isn’t going to slow down any time soon as the world couldn’t find time to recover from the pandemic before being hit by the economically-disruptive Russian invasion of Ukraine. High inflati... Read more

Global lingerie segment to jump from $78.7 billion to $ 119.4 billion in si…

Global lingerie segment to jump from $78.7 billion to $ 119.4 billion in six years

    Lingerie has come a long way since the time it was considered a female tool of seduction and titillation.The global lingerie marketwas worth $78.7 billion in 2022, reinforcing demand worldwide. A study by the IMARC Group expects the market to reach $119.4 billion by 2028, growing at a compounded ann... Read more

Global home textile market to be a $140 billion industry by 2027: Study

Global home textile market to be a $140 billion industry by 2027: Study

    Canada-based Transparency Market Research has published a comprehensive analytical report on the global status of the home textile sector. The research covering 2019 to 2027 states, the market growing at a CAGR of 5 per cent will be worth $ 140 billion. In another report published by Markets & R... Read more

India: GST and high inflation a deadly combo for Surat mills

India: GST and high inflation a deadly combo for Surat mills

    Mills in Surat reported a substantial drop in business around Diwali 2022. The estimated decline compared to the same festive season of 2021 was 60 per cent, a near death-knell for the synthetic textile sector in Gujarat’s second largest city. What are the main reasons for this sharp decline i... Read more

Tencel and RCGD Global showcase sustainable fashion at the Oscars for the f…

Tencel and RCGD Global showcase sustainable fashion at the Oscars for the fourth year running

  Lenzing’s Tencel brand and RCGD Global, formerly known as Red Carpet Green Dress, have teamed up for the fourth year running to highlight eco-couture at the Oscars. Sustainble Oscar occasion wear Bailey Bass and Chloe East wore bespoke sustainable occasion wear made from Tencel branded fibres and ... Read more

Men’s formal suit segment undergoes alterations

Men’s formal suit segment undergoes alterations

  The traditional classic readymade men’s suit will always stay relevant in the premium formal wear retail segment, even if its popularity has slightly waned in post-Covd dress-down times. With an USP of making the wearer stand out whenever and wherever, this is a forever style even when bespoke or made-t... Read more

China’s exports move south as global companies relocate production

China’s exports move south as global companies relocate production

    Weakening demand from globally fashion brands due to supply chain chaos, higher manufacturing costs post-Covid and international concerns about inhuman factory working conditions are leading to a major economic slowdown in China. With supply chain risks, many brands across the apparel industry are r... Read more

Demand for plus size clothing reinforces the niche category’s global growth

Demand for plus size clothing reinforces the niche category’s global growth

   On, February 22, 2023, Amazon India went live with its plus size store that has the finest collection of plus size clothing for Indian consumers, curated from leading fashion brands in India – Biba, Bigbanana, Pluss, Allen Solly, NYKD and the U.S. Polo Association among others. The outlet offe... Read more

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Indonesia grapples with illegal imports of used clothing ,footwear, account…

   Indonesia's Cooperatives and Small and Medium Enterprises Minister Teten Masduk... Read more

Indonesia grapples with illegal imports of used clothing ,footwear, account…

   Indonesia's Cooperatives and Small and Medium Enterprises Minister Teten Masduk... Read more

inside fashion vol.23 no.2

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

ISSB unveils first global sustainability reporting standards for clothing, …

   The International Sustainability Standards Board (ISSB) has developed the first... Read more

LCF and Selyn redefine handloom textiles with blockchain technology

   London College of Fashion (LCF) students from the University of the Arts London... Read more

Ghana's dependence on soaring used clothing sparks debate over sustainabili…

   In recent years, Ghana has become a significant destination for used clothing e... Read more

Germany ranks second as global exporter of used clothing, textile waste inc…

   Germany's used clothing exports rose significantly in recent years, with the co... Read more

Dior's first official calendar show in India makes history, marks fashion r…

   Luxury fashion brand Dior is set to make history by holding its pre-fall 2023 s... Read more

Zara's parent company invests in sustainable agriculture to protect the env…

   Inditex, the fashion retail group that owns Zara, has invested 15 million euros... Read more

Stronger-than-expected sales for british retailers in February, reveals ONS

   New data from the Office for National Statistics (ONS) has revealed that Britis... Read more

Leather Free fashion takes center stage in the fight against environmental …

   The fashion industry has long been notorious for its negative environmental imp... Read more