Brands recognize the growing influence of social platforms to boost online …
Social media when used wisely can give a casual and conversational extension to a retail company’s selling promotional campaigns and result in sales. Apparel companies are now using various kinds of social media to create a compelling customer journey according to age group and socioeconomic l... Read more
Environmental consciousness reshaping consumer’s preferences for fashion
Sustainability in the fashion sector is decades old now. It started when apparel companies began to introduce environmental practices into their businesses in the late 1980s. It's part of the movements creating more awareness on numerous environmental problems since the 1960s. The movement started g... Read more
Increased sales of yoga apparels sculpts the fitness industry
The pandemic if nothing else has proved that there is always a rainbow after the storm lifts, and that is the case with the global health and wellness industry as sales figures spiral up with customers increasingly purchasing apparels and accessories suited for their fitness regimes. Yoga as the most anci... Read more
Unreasonable demands from global exporters affect Bangladesh RMG makers
Things do get worse before they get better and the Bangladesh RMG segment is counting on that as their current profit margins sink deeper with international clothing brands demanding further discounts to place orders from their local apparel retailers. Global big and small clothing brands are now de... Read more
Japan markets encourage high-quality RMG exports from Bangladesh
Japan is emerging a strong market for Bangladesh readymade garments (RMG) industry with a healthy growth of over 42 per cent to cross the billion-dollar mark in the first nine months of 2022. And this trend is continuing in 2023 as well. Although the US and Europe are the largest export destination as mos... Read more
China’s luxury segment oscillates between highs and lows
China’s luxury apparel market is on a seesaw ride with its highs and lows leaving analysts puzzled with what is yet to come by the end of 2023. While some feel profit levels will be low with a post-Covid slow economy that has drastically hit spending, others opine it will soar, up and away int... Read more
Kelsun yarn made from seaweed to revolutionize the apparel industry
With a global slogan of a better environment for a better tomorrow, environmentalists have kick-started the fashion industry into combatting textile waste and changing the fashion segment into a sustainable and circular economy. The fashion segment is one of the world’s biggest polluters, with... Read more
Plagued by illegal imports and other challenges, Indonesia’s textile sector…
Indonesia, at the last count in 2022, was the world’s 10th largest exporter of textiles. However, the Ministry of Industry’s April stats revealed in March 2023, textile exports rose by 16.87 per cent compared to February 2023. The government-funded Export Task Force is keen to make texti... Read more
Premium jeans market on a high, projected to touch $12 bn by 2027: Study
Premium jeans are more a statement than the standard pair of denims. As Claire Dupuis, Senior Product Trend Forecaster at Cotton Incorporated and a denim specialist explains, the basic difference between a premium and a regular pair is the price with the lowest starting point being $100 for the form... Read more
Now, South Korea represents luxury’s battle royale
Morgan Stanley has declared South Koreans to be the world’s biggest spender on luxury. From pristine calf-leather Italian Prada bags or classic, checkered British Burberry trench coats, South Koreans are connoisseurs of luxury and outspend the Chinese and American luxury buyers per capit... Read more
Social malpractices rampant in fast fashion segment with women facing more …
The days of long-awaited major fashion seasons of spring/summer and fall/winter have now gone replaced by fast fashion clothing with shorter lead times, frequent product turnover and cheap and cheerful reasonable pricing. While fast-paced fashion may be accessible and affordable to all, the manufact... Read more
India: Textile industry in Tamil Nadu faces loss as government requests mor…
The Tamil Nadu government has requested the Centre to allow more time for the textile industry to comply with quality control orders (QCOs) for the importation of viscose and polyester fibres. The government has suggested that the implementation of QCOs should be delayed until the Bureau of I... Read more
Imminent face-off between Shein and US authorities
Is the most successful fashion app Shein going the TikTok way? The U.S.-China Economic and Security Review Commission (USCC) just filed in a report about Chinese fashion app Shein and Temu in relation to data risk, which the Chinese view as retaliatory tactics by the federal government of the US tar... Read more
EU’s forthcoming GSP regulation may undo Bangladesh’s success story
The forthcoming European Union Generalised System of Preferences (GSP) scheme does no favor Bangladesh, points out EuroCommerce, the European body representing retail and wholesale sectors. It says the safeguard measures proposed in the forthcoming GSP would severely affect Bangladesh. Currently, Banglade... Read more
Luxury continues ruling while world tackles an economic slowdown
At the conclusion of 2022, the top five luxury brand values indicate that even though most of the world is in a fix with never-ending inflation, luxury just carries on as if all is well with the world. The top five luxury brands closed 2022 with brand values of: Louis Vuitton $124,273 million, Hermè... Read more
Aspirational kids-wear brands sell well in the luxury market segment
The new kid on the block is the first-ever premium and super-expensive 0-12 months baby collection launched by the French luxury brand Louis Vuitton. Interestingly, it created love and hate among different strata of shoppers. Many luxury brands are creating the same unrest in societal strata by launching ... Read more
Optimism prevails as HKTDC’s trade shows successfully make strong comeback”…
Trade shows are back in business and exhibitors are excited about the positive impact that relaxed quarantine measures and the restoration of business travel will have on their sales and business. HKTDC successfully organised recently concluded seven shows including, the Hong Kong Gifts & Premi... Read more
Creative hub status of Hong Kong reaffirmed by HKTDC's successful lifestyle…
HKTDC successfully organised recently concluded seven shows including, the Hong Kong Gifts & Premium Fair; Home InStyle; the Hong Kong International Home Textiles and Furnishings Fair; Fashion InStyle; the Hong Kong International Printing & Packaging Fair as well as the Hong Kong International Lic... Read more
‘Bangladesh wants to cooperate and collaborate instead of competing with India,’ BGMEA President
Bangladesh apparel industry has bounced back from the pandemic with order books full and deliveries happening across the globe. Expecting to touch $41 billion in apparel ... Read more
‘Suppliers, brands need to rebuild relationships not to repeat similar mistakes in future’, IAF President
The pandemic and now the Russia-Ukraine war have put a lot of pressure on global apparel market across the value chain. The industry is coping with numerous issues includ... Read more
Growing demand from domestic, foreign players boosts India’s textile machinery b…
Heralding a textile revolution in India, the textile machinery industry is transforming from labor-intensive to a more modern and automated manufacturing ... Read more
Innovation key highlight at ITMA 2023
ITMA has announced it will continue to present and share innovative manufacturing technology and materials with the industry at its 19th edition in Milan.... Read more
Santoni launches new XT intarsia machine
Leading Italian circular knitting machine builder SantoniSpA has launched its new unique XT intarsia machine that combines all of the knitting possibiliti... Read more
Gartex Texprocess to be launched as a hybrid event
In conjunction with MEX Exhibition, Messe Frankfurt Trade Fairs India will hold Gartex Texprocess India as a hybrid event. The event will scheduled alongs... Read more
Kornit Digital reports revenues of $57.4 million in Q3
Kornit Digital reported revenues of $57.4 million in its third quartercompared to $47.3 million, net of $2.4 million attributed to the non-cash impact of ... Read more
Gap Inc Restructuring Efforts & Lower Supply Chain Costs Pay Off
Apparel retailer Gap Inc reported an unexpected profit in the first quarter, le... Read more
German Recession to Impact Indian Exports
India's exports, especially in sectors like apparels, footwear, and leather goo... Read more
CHINA INSIGHTS
Contributed by Mr. Zhao Hong & Ms. Xing Rong
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
Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more
M&S Forecasts Modest Revenue Growth for New Financial Year
Profit Exceeds Expectations Despite Decline; Marks & Spencer (M&S), the Briti... Read more
Yarn Expo Autumn 2023: Reconnecting Global Buyers and Suppliers
China Relaxes Travel Restrictions, Reviving Yarn and Fibre Industry Yarn Expo Autumn... Read more
Dony Garment, Vietnam: Meeting Global Apparel Needs
Dony Garment, a Vietnamese garment manufacturer, is catering to the growing demands o... Read more
Première Vision Shenzhen SS24: A Successful Event
Première Vision Shenzhen SS24, held from April 26-28, 2023, at the Shenzhen Wo... Read more
Ethical Cotton Sourcing: Collaboration for Responsible Practices
The Responsible Sourcing Network and Shahi Exports have joined forces to promote resp... Read more
Amsterdam's Better Cotton Conference: Advancing Sustainable Cotton
The Annual Conference; Better Cotton, the world's largest cotton sustainability initi... Read more
Shein Expands Production with Mexico Factory
Online fashion retailer Shein is reportedly considering building a factory in M... Read more
Significant Increase in Turkish Exports to Saudi Arabia
Turkish exports to Saudi Arabia have experienced a remarkable surge following t... Read more