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T-MEC to boost apparel exports, fights undervaluation between US, Mexi…

T-MEC to boost apparel exports, fights undervaluation between US, Mexico, Canada

"The signing of a new regional trade deal between Mexico, the United States and Canada, on November 30, 2018 in Argentina, augers well for the Mexican garment and apparel industry. The deal, known by the acronyms USMCA in the United States, CUSMA and ACEUM in Canada, and T-MEC in Mexico, replaces the North American Fre... Read more

EU cautious about suspending trade benefits to Cambodia, Myanmar

EU cautious about suspending trade benefits to Cambodia, Myanmar

"The EU is reluctant to take action against Cambodia and Myanmar, who continue to enjoy duty-free market access to the EU, despite being accused of severe human rights violations. The Cambodian government, under longtime ruler Hun Sen has squelched democracy, while the Myanmar military has committed horrible atrocities... Read more

China to overtake the US as the world’s largest fashion market in 2019

China to overtake the US as the world’s largest fashion market in 2019

"As per ‘State of Fashion 2019’ report by McKinsey & Company and the Business of Fashion (BoF), China will overtake the US as the world’s largest fashion market for the first time in 2019. The report predicts the leading trends expected to shape luxury fashion industry in 2019. Despite predicting ... Read more

US Apparel sales sees highest growth since 2011, inventory issues plague re…

US Apparel sales sees highest growth since 2011, inventory issues plague retailers

"The apparel industry seems to be bouncing back with shoppers flocking reputed stores such as Lululemon, Abercrombie & Fitch, Old Navy and Urban Outfitters this holiday season. As Abercrombie & Fitch CEO Fran Horowitz reveals, outerwear sales are trending higher during the fourth quarter, thanks to cooler tempe... Read more

Consumer pressure leads to global brands increasingly sustainability f…

Consumer pressure leads to global brands increasingly sustainability focus

"Consumers and government are increasingly focusing on the environmental impact of fashion across the globe. While last month’s BBC3 documentary Fashion’s Dirty Secrets exposed the industry’s failings to the public, the Environmental Audit Committee is conducting an inquiry into sustainability in fash... Read more

4th Intex South Asia gets an overwhelming response with over 3,500 att…

4th Intex South Asia gets an overwhelming response with over 3,500 attendees

"The 4th edition of Intex South Asia, held from November 14 to 16, 2018, at the Sirimavo Bandaranaike Memorial Exhibition Centre (BMICH) in Colombo, Sri Lanka, showcased a wide range of innovative yarns, apparel and denim fabrics, clothing accessories and allied services. The show was jointly inaugurated by Taranjit Si... Read more

US-China trade war fuels demand for Bangladesh denim

US-China trade war fuels demand for Bangladesh denim

"Statistics from the Directorate-General of the European Commission Eurostat reveal Bangladesh denim exports to the EU, during January-August 2018, increased 4.23 per cent to reach €917.14 million compared to the same period last year. The country’s denim manufacturers saw a healthy rise in exports to the US... Read more

No beneficiaries of the US-China trade dispute

No beneficiaries of the US-China trade dispute

"As the US trade dispute with China gains momentum, experts analyse which countries would benefit most from the dispute. Asian countries like Taiwan, Thailand and Malaysia are luring electronics and computer companies to their shores while Cambodia, Philippines and Bangladesh are seeking more opportunities to increase ... Read more

Tariff increase on Chinese imports to escalate prices, hinder growth

Tariff increase on Chinese imports to escalate prices, hinder growth

"The apparel industry is waiting with bated breath for the much-anticipated meeting between President Trump and Chinese President Xi Jinping that will decide the future of US tariffs on Chinese exports. Trump is expected to slap tariffs on another $267 billion worth of Chinese goods, which also includes apparel and foo... Read more

Textile industry takes steps to detox from harmful chemicals

Textile industry takes steps to detox from harmful chemicals

"As per Chinese Textile Industry Association, the textile industry uses 25 per cent of global chemical output. Out of this 42 per cent is used by China reveals the United Nations Environment Program. Greenpeace published a report, Dirty Laundry in 2011 that urged consumers worldwide to demand change in the fashion indu... Read more

Fashion retailers adopting unique initiatives to reduce eco-impact

Fashion retailers adopting unique initiatives to reduce eco-impact

"Although the fashion industry has kept pace with changing consumer demands, it fails to cater to their most important need that of altering consumption patterns to ensure the survival of the planet. The industry produces 20 per cent of global wastewater and 10 per cent of global carbon emissions with textile dyeing be... Read more

Micro-textile model promises a new dawn for the industry

Micro-textile model promises a new dawn for the industry

"A T-shirt manufacturing factory proved to be the torchbearer for digital printing technology and DTG (direct to garment) printing that facilitated customised manufacturing. Today, multiple textile technologies offer a sustainable option to conventional production. They rationalise workflow besides offering the client ... Read more

E-com to boost global knitwear market in future

E-com to boost global knitwear market in future

"A report on the global knitwear market for 2016-26 predicts a rise in demand for knitwear products across the globe due to increasing use of e-commerce. There is also an increase in global online sales of knitwear products, which are part of the fashion and apparel industry. The global e-commerce business of fashion a... Read more

Global textile industry needs to innovate to emerge from its current f…

Global textile industry needs to innovate to emerge from its current fragile state

"The global economy is currently in such a fragile state that it is poised delicately between a slow recovery and a second slide. At this stage, it is important to sit collectively, analyse the current scenario, and jointly consider various future strategies. Continuous global crisis, high oil prices and turmoil and po... Read more

Unfazed by global competition local brands dominate interior Chinese m…

Unfazed by global competition local brands dominate interior Chinese market

"Fashion brands like H&M and Zara might dominate the global market but penetrating the low cost clothing market in the Taobao villages’ of China is tough for them. The clothing brands operating here are fully domestic. International brands, inspite of their aggressive marketing have failed to make inroads int... Read more

Fashion accessories face supply chain issues with ongoing tariff wars

Fashion accessories face supply chain issues with ongoing tariff wars

"In recent years, these companies have been facing many challenges from the Chinese markets. Prices are increasing, minimum units required are rising, there are worker shortages, late shipments and factories are closing. Although some large companies have begun shifting production elsewhere to find cheaper labor costs ... Read more

Mexico emerges a strong market for UK, European brands

Mexico emerges a strong market for UK, European brands

"Studies by research firm Global Data shows, the overall retail expenditure in Mexico is likely to grow 29 per cent to reach £285 bn by 2022. The country’s expenditure on clothing and footwear is forecast to grow by 45 per cent to £27bn – driven by a 167 per cent rise in online sales. The nation... Read more

US consumers most affected by Trump’s tariffs and ongoing trade war

US consumers most affected by Trump’s tariffs and ongoing trade war

"Around 23 years ago, the General Agreement on Tariffs and Trade (GATT) was refurbished as the WTO with almost every country in the world joining the organisation. As per agreed norms, trade tariffs amongst member countries are reduced through negotiations and the agreed rates applied uniformly to all trade partners. H... Read more

Buyer-Seller Meet to promote India-Scandinavia trade relations

Buyer-Seller Meet to promote India-Scandinavia trade relations

The Export Promotion Council for Handicrafts (EPCH) with the support of Embassy of India in Denmark and office of Development Commissioner (Handicrafts) organised a Buyer-Seller Meet from November 19-20, 2018 in Copenhagen, Denmark. The council is the nodal agency for the promotion and development of handicrafts export... Read more

Melbourne’s International Sourcing Expo opens today with strong Indian…

Melbourne’s International Sourcing Expo opens today with strong Indian participation

"The 9th edition of the International Sourcing Expo, co-located with the 3rd edition of the Footwear and Leather Show will be held from November 20-22, 2018 at the Melbourne Convention & Exhibition Centre. The three day event will be Australia’s premier international sourcing show for apparel, textiles, footw... Read more

CITI Global Textiles Conclave 2018 to cover the entire textile value c…

CITI Global Textiles Conclave 2018 to cover the entire textile value chain from "Farm to Fashion

"Confederation of Indian Textile Industry (CITI), one of the leading industry chambers of the textile and clothing sector of India, completed 60 years of its operation in 2018. To celebrate this milestone, the association will organise the ‘CITI Global Textiles Conclave 2018’ from November 27-28 in New Delh... Read more

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Ongoing trade war may impact Asia Pacific

The trade war between the US and China may have a bad impact on the Asia Pacific region. Tensio... Read more

Personal luxury goods is a dominant niche in China

China is a big market when it comes to personal luxury goods (PLG). Chinese nationals accounted... Read more

Pakistan to use Uzbek cotton seeds

Pakistan will have an agreement with Uzbekistan for agriculture research and technology transfe... Read more

Jeanologia joins SAC to focus on sustainability

Jeanologia has joined the Sustainable Apparel Coalition (SAC). The Spanish company will use the... Read more

Indonesia signs trade deal with EFTA

Indonesia has concluded a free trade agreement with the European Free Trade Association (EFTA).... Read more

Global economic outlook not very bright

Cracks are beginning to form around the world. The world’s two largest economies -- the U... Read more

FTAs with ASEAN, Japan and Korea increases India’s trade deficit

As per a study published by think-tank Third World Network, India’s three free trade agre... Read more

French Lingerie Show 2019 to be held in Paris next Januray

Promincor, Lingerie Française (Association for the Promotion of Corsetry Industries) and... Read more

EU and Japan conclude FTA agreement to be launched next year

The European Union and Japan will launch the world’s largest free-trade zone early next y... Read more

Bangladesh export earnings from India up 165 per cent

During the first five months of the current fiscal year Bangladesh’s export earnings from... Read more

Denim Première Vision’s maiden London edition sees 17 per cent growth in vi…

Denim Première Vision, the denim trade show’s first London edition on December 5 a... Read more

Asia to meet growth forecasts this year

Asia is expected to meet its growth forecasts for this year and the next on strong domestic dem... Read more

Production in Bangladesh garment units suspended as workers protest against…

Production in around 50 garment units in Bangladesh was suspended for three days recently as th... Read more

Yarn prices in Bangladesh drop by 12 per cent

Yarn prices in Bangladesh in the last two months have fallen at least 12 per cent. Prices, betw... Read more

Vietnam resets ties with China

Vietnam is taking advantage of the heightened US-China rivalry to rebalance its relationship wi... Read more

Revised duty drawback may help Indian exports

The revised duty drawback rates are expected to boost textile and apparel exports from India, i... Read more

New collection by Eurojersey focuses on performance

The Sensitive Fabrics collection by Eurojersey for the Spring/Summer 2020 season focuses on its... Read more

Bangladesh: Khondoker Latifur Rahman elected first VP of BGAPMEA

Khondoker Latifur Rahman has been elected as first Vice-President and Mozaharul Haque the secon... Read more

Lenzing scores high with its environment initiatives

Lenzing is expanding its environmental leadership commitment. The group is changing from coal-f... Read more

Laos RMG units grapple with labor shortage

Clothing manufacturers in Laos are encountering ongoing hurdles to survive and thrive. Shortage... Read more

Kering, Plug and Play launches ‘Sustainable Innovation Award’ in Greater Ch…

Kering with global innovation platform, Plug and Play launched the Kering Sustainable Innovatio... Read more

Indorama Ventures acquires specialised solutions textile provider UTT

Indorama Ventures Public (IVL) has entered into an agreement to acquire UTT Beteiligungsgesells... Read more

India: Simplified GST return forms to be rolled out from Apr 1

India’s new simplified return forms for goods and services tax (GST) will be rolled out f... Read more

Single, comprehensive retail policy could boost India’s retail sector

If India permits 100 per cent FDI in multi-brand retail trade it will improve the ease of doing... Read more

Apparel exporters in North India request for a review of duty drawback rate…

With readymade garment exporters losing competitiveness due to lower rates of export incentive ... Read more

Child labor falls in Cambodian apparel units

Child labor has fallen in Cambodia’s garment factories. A survey of almost 500 licensed g... Read more

Bangladesh waivers VAT for garment units

Bangladesh has given more tax waiver to encourage garment exports. Value added tax or VAT has b... Read more

Bangladesh denim exports to EU up four per cent

Bangladesh denim exports to the EU, during January-August 2018, increased 4.23 per cent compare... Read more

Fespa returns to Germany this May

Fespa will be held in Germany, May 14 to 17, 2018. Fespa caters to the screen and digital wide ... Read more