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As textile chemical industry revamps and grows, Asia-Pacific will see highe…

As textile chemical industry revamps and grows, Asia-Pacific will see higher growth: Studies

    There's a lot more going on than what meets the eye when we wear and re-wear the clothes we buy over the years. Its textile chemicals at play which are an intrinsic part of the garment production industry providing special treatments to improve the look and feel of the fabrics, reduce wear and tear ... Read more

Global luxury segment thriving despite odds

Global luxury segment thriving despite odds

  The luxury market segment is like a pendulum swinging to and fro from a sea of sameness to something extremely different and value-creating that identifies a person. The segment is all about delivering on a promise of emotion and about the client only but it’s now in a turmoil as it focuses on the G... Read more

US manufacturing activity shrinks in Nov

US manufacturing activity shrinks in Nov

    Economic activity in the US manufacturing sector contracted in November 2022 for the first time since May 2020. The November manufacturing Purchasing Managers’ Index registered 49 percent, 1.2 percentage points lower than the 50.2 percent recorded in October 2022. Six manufacturing industries... Read more

Fashion drives India’s e-commerce boom, young millennials lead retail

Fashion drives India’s e-commerce boom, young millennials lead retail

    The pandemic-induced lockdown has catapulted online shopping for garments and accessories to a huge business for the fashion sector. As a great leveler, fashion became accessible beyond metros and Tier I cities, reaching out to larger consumer groups with purchase power in Tier II, III cities where ... Read more

Amidst fear of economic concerns, growth in discount sales boosts confidenc…

Amidst fear of economic concerns, growth in discount sales boosts confidence of US retailers

  Shopping in the US from Thanksgiving to Cyber Monday was up four per cent year on year. This has boosted retailers’ confidence despite inflationary pressures and economic concerns. Across each major event, the proportion of sales with a markdown increased, reaching a peak on Cyber Monday at 61 per ... Read more

Global knitwear segment poised for over 12% CAGR by 2029, North America to …

Global knitwear segment poised for over 12% CAGR by 2029, North America to be growth frontrunner: Study

  Latest report published by Data Bridge Market Research titled ‘Global Knitwear Market’ indicates this segment of the clothing was valued at $644.29 billion in 2021 and is projected to reach $1,606.67 billion by 2029, at a CAGR of 12.10 per cent. Changing perception of knitwear has helped the s... Read more

Synthetic fibres ruling global textile markets, time for India to take adva…

Synthetic fibres ruling global textile markets, time for India to take advantage

  In a world that prefers synthetic rather than natural materials due to lower pricing and easy availability in just about anything in daily living, man-made fibres are doing well in the textile industry. Market analysts say the global synthetic fibre market was valued at $62.65 billion in 2021 and is expec... Read more

10th Intex India to be attended by leading Indian and Overseas buyers from …

10th Intex India to be attended by leading Indian and Overseas buyers from 18+ countries and regions

     The 10th Intex India, the premier international textiles sourcing show of South Asia, will be held in Hall 3GF, Pragati Maidan New Delhi from December 8 to 10, 2022. This year, alongside the exhibition, Intex India will hosted RBSM which is jointly organised by FICCI Federation of Indian Chamb... Read more

Metaverse emerging the new playground for fashion retail: McKinsey-BOF repo…

Metaverse emerging the new playground for fashion retail: McKinsey-BOF report

    In 2014, when Mark Zukerberg acquired the virtual reality platform Oculus for Facebook, no one knew what would follow. Leap forward by seven years and October 28, 2021 saw Facebook Metaverse launched. This virtual platform was the opening up of Pandora’s Box, in a good way. The myriad possibil... Read more

Social shopping gains traction in fashion retail, states McKisey-BOF report

Social shopping gains traction in fashion retail, states McKisey-BOF report

  Social shopping isn’t exactly new as an e-commerce technology which uses shared social network of friends and contacts. It replicates an individual’s shopping experience of being with friends or those who influence their choices – suggestions, recommendations, validations – all rea... Read more

Devoid of business, Pak still awaits Christmas buyers

Devoid of  business, Pak still awaits Christmas buyers

     Textile exporters in Pakistan are still waiting for their Christmas orders. A buying freeze abroad has hit all segments, from apparel, denim and knits to home textiles. As a rule of thumb, international markets move six months in advance. Hence, Christmas orders are placed in June-July and de... Read more

Apparel, footwear to be ‘deprioritized’ with consumer shift in purchases in…

Apparel, footwear to be ‘deprioritized’ with consumer shift in purchases in 2023: McKinsey- BOF report

  The much-awaited ‘The State of Fashion 2023’ report launched on the second day of the annual gathering of industry experts in London by the Business of Fashion Voices in association with McKinsey & Co reiterates a fact that has already been trending, i.e. global slowdown of the fashion sec... Read more

Textile chemical market grows by four per cent

Textile chemical market grows by four per cent

  The global market for textile chemicals is growing by four per cent a year. Textile chemicals are used in many parts of the manufacturing process to ensure that fabrics, yarns, and fibers are produced with consistent results across multiple batches. In addition, textile chemicals can help create innovat... Read more

Almost 56% top fashion industry leaders expect a slowdown next year: says M…

Almost 56% top fashion industry leaders expect a slowdown next year: says McKinsey-BOF The State of Fashion 2023 Report

    The Russia-Ukraine war, growing inflation and supply chain pressures are two of the biggest threats to the global fashion industry in the run-up to a challenging year, states The State of Fashion 2023 released by The Business of Fashion and McKinsey & Company today. The other key insights of the... Read more

October textiles exports a downer for India

October textiles exports a downer for India

    The world of international trading has been grappling with one challenge after the other since the pandemic, followed by the war theatrics Europe. Many sectors had roller coaster rides and are continuing to do so, trying their best to keep their heads above the water. For the Indian textile exporter... Read more

Unpredictable times for global brands as inflation, war hit consumer sentim…

Unpredictable times for global brands as inflation, war hit consumer sentiment

     At the beginning of 2022, across the world few brands were surpassing their pre-Covid performances. They benefited from a burst of pent-up consumer demand that was expected to continue. But the Ukraine War, cost-of-living crisis and ongoing supply chain issues has eroded this optimism somewhat... Read more

Intex India- The Leading International Textile Sourcing Show in South Asia

Intex India- The Leading International Textile Sourcing Show in South Asia

     • Intex India – The Leading International Textile Sourcing Show in South Asia • Exhibitors from 10+ countries across South Asia, South East Asia, China, MENA Region, the EU, Central Europe, the USA and Central America • 125+ Leading Manufacturers from around the world an... Read more

CRISIL predicts gradual rise after a current slowdown in 2023

CRISIL predicts gradual rise after a current slowdown in 2023

    Weak consumer demand and the slowing down of private investments are the main reasons behind the global slowdown which is pulling down India’s export figures and industrial activity, according to the Union Budget 2023. Catching up to pre-pandemic levels is not a walk in the park for the appare... Read more

Despite recession fears, global luxury market grows 21%, outlook bright: Ba…

Despite recession fears, global luxury market grows 21%, outlook bright: Bain

    The global luxury market has grown 21 per cent from 2021, says a recent report by Bain & Co. and Altagamma. Despite worsening economic conditions, high inflation and rising costs of living, coupled with ongoing Covid restrictions, some 95 per cent luxury brands have clocked in positive growth in... Read more

Remake’s Fashion Accountability Report 2022 shows fashion companies not mee…

Remake’s Fashion Accountability Report 2022 shows fashion companies not meeting green commitments

  After the two years of the pandemic that turned the world upside down, Remake World – a global advocacy organization that fights for fair pay and climate justice in the $3 trillion clothing industry- is all out to revamp sustainability issues and repair and remake the future of fashion. Remake Worl... Read more

Indian cotton gains market share in Turkey’s textile sector

Indian cotton gains market share in Turkey’s textile sector

  October 2022 saw a decline of cotton prices globally and Turkish cotton growers are feeling the pinch as they are struggling to control their production cost to meet worldwide prices. However, between January and October 2022, Turkiye has seen an overall growth in its textile exports, primarily led by Afr... Read more

IAF rebuilds trust issues in garment export segment

IAF rebuilds trust issues in garment export segment

  A fairer distribution of risk and reward between buyers and producers is the main focus of International Apparel Federation (IAF) in the aftermath of Covid years. IAF, the world’s leading federation for apparel manufacturers, (SME) brands, their associations and the supporting industry with membersh... Read more

Lenzing tops Canopy’s Hot Button Ranking 2022 for third time

Lenzing tops Canopy’s Hot Button Ranking 2022 for third time

  Austria-based Lenzing Group is spinning waves in the textile industry. Recently it emerged in top position in the Hot Button Ranking 2022 of Canadian non-profit organization, Canopy, which works collectively with some of the world’s largest fashion and beauty brands to bring forest-saving solutions ... Read more

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India’s textile and apparel sector to reach $350 billion by 2030: Wazir Adv…

  Wazir Advisors latest report gives a detailed an insight into the way forward for the... Read more

Puma appoints product officer

   Maria Valdes is chief product officer at Puma. Before that she was general mana... Read more

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

US hosts Textile Exchange Conference

   Textile Exchange Conference was held in the US, November 14 to 18, 2022. The e... Read more

With support Indian technical textile exports can grow: SRTEPC

   With adequate support, Indian exports of technical textiles can grow and achiev... Read more

Lectra acquires stake in Textile Genesis

   Lectra is acquiring a stake in the Dutch company Textile Genesis. A major playe... Read more

Indonesia hikes imports of Brazilian cotton

   Brazil will supply reliable, sustainable, traceable and high-quality cotton to ... Read more

Fewer garment purchases can help planet’s health

   If consumers were to buy fewer clothes, that would help in the fight against cl... Read more

India urged to allow free cotton imports

   India needs to allow duty-free imports of cotton as higher raw material prices ... Read more

Munich Fabric Start in January

   Munich Fabric Start will be held in Germany, January 24 to 26, 2023. This fabr... Read more

Texworld Paris in February

   Texworld Evolution will be held in Paris, France, February 6 to 8, 2023. The F... Read more

EU bans import of forest products

   The European Union plans to ban the import of products linked to deforestation.... Read more

Bruckner partners with Sonoviato reduce textile pollution

   Bruckner Textile has partnered with Sonoviato develop a textile finishing machi... Read more

Bamboo apparel market grows at six per cent

   The bamboo apparel market is growing at six per cent a year. Manufacturers&rsq... Read more

Yarn duty alarms Pakistan exporters

   Traders in Pakistan are against the imposition of regulatory duty on yarn and t... Read more

Victoria’s Secret drops cashmere from its products

   Victoria’s Secret will not use cashmere any more in its products. The bra... Read more

Andrea Guerra is Prada’s new CEO

   Andrea Guerra will be the next CEO of fashion house Prada. Guerra, 57, is one o... Read more

Tiruppur exporters against export credit rate hike

   Exporters in Tiruppur are against an increase in the export credit rate. As per... Read more

Shein appoints brand head

   Shein’s global brand operations will be headed by Jessica Liu. She comes... Read more

Vietnam to host Global Sourcing Fair in April 2023

   Global Sourcing Fair will take place in Vietnam, April 26 to 28, 2023. The fai... Read more

Fibre52 cotton rivals synthetics with its eco-friendly dye technology

   Fibre52 may change the way cotton is prepared and dyed. The technology will min... Read more

Bangladesh looking for zero tariffs on apparels in the US

   Bangladesh wants zero tariffs on exports of finished apparel products — m... Read more

Heimtextil 2023 in January to showcase a range of fibers and yarns

   Heimtextil will be held in Frankfurt am Main, from January 10 to 13, 2023. Manu... Read more

Global baby clothing market to be worth over $30 bn from 2022-27: Study

   As per latest Technavio study the baby clothing market is expected to grow $30.... Read more