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Fast fashion companies working on strategies to lure customers

Fast fashion companies working on strategies to lure customers

Post releasing its Q4 results for 2017 in January, H&M which had its biggest profit decline in six years — 14 per cent for the full year —shut down 170 stores in 2018. Speaking on their results, Karl-Johan Persson, CEO, H&M said the fashion industry is changing fast. At the heart of the transformati... Read more

Lenzing redefines Tencel as its flagship brand

Lenzing redefines Tencel as its flagship brand

  The Lenzing Group (Lenzing) has redefined Tencel, as its textile premium brand at the 2018 Fibers & Yarns by Tecoya Group in Mumbai India. The redefining of Tencel brand is a key milestone of Lenzing’s new brand strategy to enhance product brand offerings, foster connection with customer... Read more

Copenhagen Fashion Summit 2018 ready with a power packed agenda

Copenhagen Fashion Summit 2018 ready with a power packed agenda

  Global Fashion Agenda, organiser of Copenhagen Fashion Summit has unveild the full programme for upcoming edition. It features a line-up of 75 leading voices and discussion topics ranging from robots to #metoo. On May 15-16, 2018, the 6th edition of Copenhagen Fashion Summit will open doors at the... Read more

Recycling clothes catches up in the apparel retail industry

Recycling clothes catches up in the apparel retail industry

Earth Day once more highlights the importance of buying clothes responsibly. As per the US Bureau of Labor Statistics Stats in 1977, clothing accounted for 6.2 per cent of US household spending; now, each households spends half as much (3.1 per cent). Earlier, retailers used to take time to introduce cl... Read more

Textile recycling gaining traction in New York

Textile recycling gaining traction in New York

"In line with various eco-efforts being taking place globally, non-profit organisation Fabscrap has invited clothing brands, designers, tailors and others in New York City to sign up for textile pickup and recycling. The organisation provides reusable bags in two colours – black for proprietary materials and brow... Read more

Challenges at workplaces hampering Burma’s textile sector growth

Challenges at workplaces hampering Burma’s textile sector growth

"Burma’s garment and footwear exports clocked in $3 billion in 2017, a growth of 25 per cent over last year. Factories have expanded from Yangon’s Hlaing Tharyar industrial zone to rural regions, in the wake of a tax holiday of seven or five years meant to encourage operations in less developed parts of the... Read more

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Constantly falling apparel exports a matter of concern for India

Constantly falling apparel exports a matter of concern for India

"India’s apparel exports registered a 17.78 per cent decline in March 2018 against the same period last year reveals latest trade data. Indian RMG exports were to the tune of $1.49 billion (approx.) in March 2018 against the corresponding month of February 2017, which was $1.81 billion (approx.). In rupee term, e... Read more

USTR lists out trade concerns with countries

USTR lists out trade concerns with countries

"The office of the US Trade Representative (USTR) released the 2018 National Trade Estimate (NTE) annual report, which highlights the foreign trade barriers American exports face. Robert Lighthizer, US Trade Rep., said the President is fully committed to addressing unfair foreign trade barriers through tough enforcemen... Read more

Fashion Access emerges strong a sourcing destination

Fashion Access emerges strong a sourcing destination

"The recently concluded Fashion Access and Cashmere World attracted over 10,000 international visitors from 85 countries during the three-days. Around 227 exhibitors from 20 countries and regions including well-known international brands such as Otto Kessler, LSR International, Cerutti – Massimo Cerutti, Simpson ... Read more

Automation and positive EU relations could boost Cambodia’s growth

Automation and positive EU relations could boost Cambodia’s growth

"While textile is one of the most important sectors in Cambodia’s economy, pressures from neighbouring countries is adversely impacting growth. To add to it, increasing automation and loss of preferential trade agreements is aiding to its woes. Employing 86 per cent of all factory workers, about 40 per cent of Ca... Read more

Fashion and its growing inclination towards sustainability

Fashion and its growing inclination towards sustainability

"Fashion industry is one of the biggest contributor towards global economy, with an annual worldwide revenue of well over £1 trillion. It aids millions of jobs around the world. A recent study by Global Fashion Agenda and Boston Consulting Group predicts a rise of 63 per cent in overall fashion consumption betwee... Read more

Pakistan’s textile industry regains its old verve

Pakistan’s textile industry regains its old verve

"Pakistan has always been a major textile market for India and the Asian region. Even after decades of political unrest, India is the 4th largest source for Pakistan’s total merchandised imports and second largest for textiles and clothing. Among Pakistan’s overall imports from India textile and clothing ta... Read more

US jeans retailers revamping their denim business

US jeans retailers revamping their denim business

"America’s biggest fashion retailers including Ralph Lauren, Calvin Klein are now looking at a revival of blue jeans while losing out to athleisure wear which has overpowered jeans in recent times. The US Census Bureau recently pointed out last year, imports of elastic knit pants surpassed those of jeans for the ... Read more

Bespoke Living launch at 5th edition of Heimtextil India and Ambiente …

Bespoke Living launch at 5th edition of Heimtextil India and Ambiente India

"Heimtextil India and Ambiente India, touted as India’s premium fairs for home textiles, homeware and interior décor, have launched Bespoke Living, an exclusive product showcase space dedicated to companies dealing with signature collections at Pragati Maidan, New Delhi from June 27–29, 2018. With fo... Read more

Bangladesh to become self reliant in textile & apparel

Bangladesh to become self reliant in textile & apparel

"Grabbing the third spot, Bangladesh is reigning its share in global exports of textile and apparel products. The country’s exports registered a growth of 9 per cent over the last five years to reach $34.4 billion in 2016, while imports have increased at a CAGR of 7 per cent in the same period to reach $10.3 bill... Read more

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Hong Kong twin fairs draw major crowds

Twin fairs, the Hong Kong Houseware Fair and Hong Kong International Home Textiles and Furnishi... Read more

Fossil Group and Puma sprinting into watches and wearables

Fossil Group and Puma has signed a global license partnership agreement for the design, develop... Read more

Fast fashion leaves communities gasping

Fast fashion leads to problems such as child labor and human trafficking. Mass consumption has ... Read more

Despite obstacles, Bangladesh export earnings rise

Bangladesh’s apparel sector export earnings moved north despite numerous obstacles. And a... Read more

Pure London launches Pure Conscious, aimed at sustainability

Big brands and retail giants are waking up to sustainability and need for green value chains su... Read more

Puma may shift from production from China with US trade tariffs

Puma may shift some production from China to other Asian markets if US tariffs are imposed on f... Read more

Kering’s Q1 revenues up 36 per cent

For Q1 Kering’s consolidated revenue is up 27.1 per cent on a reported and 36.5 per cent ... Read more

Industry wants zero-rated tax retained

Textile manufacturers in Pakistan want the zero-rated tax facility to continue. They also want ... Read more

Bangladesh garment makers want source tax waived

Bangladesh’s garment makers want source tax on export receipts to be waived for three yea... Read more

Intertextile Shanghai Home Textiles fair in August

Intertextile Shanghai Home Textiles will be held in China from August 27 to 30. The home textil... Read more

Industry wants zero-rated tax retained

Textile manufacturers in Pakistan want the zero-rated tax facility to continue. They also want ... Read more

Bangladesh garment makers want source tax waived

Bangladesh’s garment makers want source tax on export receipts to be waived for three yea... Read more

Intertextile Shanghai Home Textiles fair in August

Intertextile Shanghai Home Textiles will be held in China from August 27 to 30. The home textil... Read more

Itma Asia + Citma to be held in October

Itma Asia + Citme will be held in China from October 15 to 19, 2018. The event will showcase st... Read more

Adidas North America President Mark King to step down

President of Adidas North America will step down from his role on July 1. King will be succeede... Read more

Swiss clothing brands urged to sign up with Accord in Bangladesh

Swiss clothing retailers have been urged to sign up with Bangladesh’s Accord. Five years ... Read more

Vietnam’s textile, garment exports to the US touches $3.15 billion

According to General Department of Customs reports, Vietnamese textile and garment exports to t... Read more

US share in Vietnam’s cotton imports dips

Vietnam’s overall cotton consumption in 2018-19 is expected to grow 6.6 per cent year on ... Read more

Staubli leads high speed weaving with new innovations

Stäubli provider of weaving solutions offers range of solutions for automated weaving prep... Read more

Puma’s Q1 net earnings up 35 per cent

For the first quarter Puma’s net earnings went up by 35.8 per cent. Double-digit sales gr... Read more

Circularity gaining ground in global apparel industry

Circularity has become the buzzword in fashion circles today. But it’s usually an abbrevi... Read more

Indonesia hopes to lead global Muslim fashion category

Indonesia hopes to increase export of Muslim apparels by 10 per cent this year. The country&rsq... Read more

Hennes & Mauritz to cut dividend for first time since 1974

The buzz is that Hennes & Mauritz AB will probably cut dividend for the first time next yea... Read more

G Star Raw Creative Director Aitor Throup steps down

Aitor Throup has stepped down as Executive Creative Director, G Star Raw to focus on new challe... Read more