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Unpredictable fashion trends in post-pandemic high-end branded market

Unpredictable fashion trends in post-pandemic high-end branded market

    From Covid-19 lockdown times to economic slowdowns, the pandemic has hugely affected health, wealth and happiness parameters around the world. The cost of living for each income bracket has now changed and a brand strategy of smart retail intelligence is now the strongest line of defence for a compa... Read more

Fast Fashion grows at 7.7% CAGR despite dissent

Fast Fashion grows at 7.7% CAGR despite dissent

    As underdeveloped countries transit to developing status, their retail sectors are getting better organised and enabling a large number of brands use the affordability and accessibility platforms to reach out to the masses. The global fast fashion market size is expected to grow from $91.23 billion ... Read more

Reliance Retail poised to challenge international fast fashion giants

Reliance Retail poised to challenge international fast fashion giants

    Internally nicknamed Regalia, the fast fashion label from Reliance Retail is gearing up to take on international fast fashion brands like Zara and H&M. In India, fast fashion is the fastest growing segment in the apparel and lifestyle sector, the proof being the enormous success Zara, H&M a... Read more

Bangladesh eyes technical textiles to meet 100bn export target

Bangladesh eyes technical textiles to meet 100bn export target

     Second only to China, Bangladesh carved out an awe-inspiring success story in the global RMG supply. Exports worth USD 42 billion last year contributed to an 83% of its total export volume. Whilst the RMG sector in Bangladesh continues its growth, the two-year long pandemic and the drop in dem... Read more

Rise in apparel export to US rings in cheer, future uncertain

Rise in apparel export to US rings in cheer, future uncertain

     The pandemic rang in bad tidings for apparel exporters in Asia and South East Asia as the dip in US’ imports was significant. Compared to imports worth USD 111.033 billion in 2019, in 2020 imports worth USD 89.596 billion were registered. The trend took an upward turn in 2022 as The US D... Read more

Domestic brands give tough competition to global ones in China’s appar…

Domestic brands give tough competition to global ones in China’s apparel retail market

    A surge in nationalist sentiment and growing hostility to foreign labels is compelling global fashion brands to reduce their footprint in China. A report by SCMP indicates, US clothing brand Gap is reducing its retail footprint in China by cutting down the number of stores to 143. And experts say, f... Read more

New EU green legislation to step up sustainability efforts in Banglade…

New EU green legislation to step up sustainability efforts in Bangladesh

    The huge amount of waste produced by the global textile industry has accelerated the need to reduce continued damage to planet Earth. Textile produces over 100 billion pieces of clothing year. This results in 84 per cent of the textile waste worth $3.7 billion being sent to landfills every year. To ... Read more

Uganda needs more zeal to better utilize AGOA’s duty-free access to US…

Uganda needs more zeal to better utilize AGOA’s duty-free access to US market

    In spite of the African Growth and Opportunity Act (AGOA) providing duty-free access to the US market for over 6,000 products, Uganda government believes AGOA‘s potential hasn’t been maximized to its fullest potential even two decades later. The legislation’s primary goal was to pr... Read more

Global custom T-shirt printing market to clock in 9.7 CAGR: Study

Global custom T-shirt printing market to clock in 9.7 CAGR: Study

  Global custom T-shirt printing market is expected to surpass $9,009.3 million with a CAGR of over 9.7 per cent to 2023 says a new study by Future Markets Insights (FMI) a premier provider of market intelligence and consulting services. In its latest report, FMI cited customized T-shirts are gaining immens... Read more

China faces turmoil, exports growth falls

China faces turmoil, exports growth falls

    Chinese exporters are having a difficult time. Softer foreign markets are forcing them to shed workers. They are switching to lower-value goods and even renting out their factories. Customers are placing fewer orders and are reluctant to buy expensive products. Compared to 2020 and 2021, this year ... Read more

Demand for used clothes in Africa rides on affordability, sustainabili…

Demand for used clothes in Africa rides on affordability, sustainability: Study

  The pursuit of pre-loved clothing is emerging as the most prominent trend in the African market with consumers continually upgrading their wardrobes by donating or reselling used items. As per an Euromonitor International report, known as Madunusa in South Africa, Okrika in Nigeria, and Mtumba in Kenya, ... Read more

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Bata to make India a sourcing hub

   Bata is making steady progress toward transforming India into a sourcing hub fo... Read more

Nike Q1 revenue up four per cent

   For the first quarter Nike’s revenues were up four percent compared to th... Read more

Pakistan exports for two months up four per cent

   For the first two months of the fiscal 2022-2023, the value of textile and garm... Read more

Under Armour to eliminate biocides

   Under Armour is aiming at eliminating 100 percent of biocides in its products b... Read more

Spandex market grows by four per cent

   The global spandex market is growing by four per cent a year. The increasing de... Read more

South Korea and Cambodia sign FTA

   South Korea and Cambodia have signed a free trade agreement. This is expected t... Read more

Sitip, Italy offers versatile and durable fabrics

   Sitip’s fabric collections for sportswear, urbanwear and athleisure ensur... Read more

Levi Strauss aims at total renewable electricity

   Levi Strauss is aiming at total renewable electricity in all company-operated f... Read more

Global gym apparel market expanding at six percent

   Gym apparel market shows good growth, expanding at six percent a year. During ... Read more

H&M Q3 sales up three per cent despite pulling out of Russia

   For the third quarter H&M net sales increased by three percent. The reporte... Read more

Levi Strauss aims at total renewable electricity

   Levi Strauss is aiming at total renewable electricity in all company-operated f... Read more

Global gym apparel market expanding at six percent

   Gym apparel market shows good growth, expanding at six percent a year. During ... Read more

H&M Q3 sales up three per cent despite pulling out of Russia

   For the third quarter H&M net sales increased by three percent. The reporte... Read more

Hanoi Fabric show will be held in November

   Hanoi Fabric 2022 will be held in Vietnam, November 23 to 25, 2022. Several gro... Read more

Bangladesh exports face EU carbon tax

   Bangladesh’s apparel exports to the European Union may have to abide by t... Read more

Yarn Expo Shenzhen, concurrent events in Nov

   Yarn Expo Shenzhen will be held November 2 to 4, 2022. This is a trade fair tha... Read more