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Macao, Malta to lead world economic growth

Macao, Malta to lead world economic growth

Global fashion industry faces a changing environment, with an economic downturn and protectionism threatening to mark the development of the two biggest world economies. Twenty years ago, China was the seventh biggest economy, post World War, globalisation led a move to the Western world. Twenty years later, China and ... Read more

Increasing cotton exports boosts profit margins

Increasing cotton exports boosts profit margins

"According to an ICRA report, the surge in exports of cotton yarn during the initial few months of current financial year helped the domestic spinners record a healthy recovery from the multi-year low profitability reported during FY2018. Cotton prices have softened with fresh arrivals in the recent months, cotton... Read more

Egypt emerges a major sourcing hub, Ethiopia to follow

Egypt emerges a major sourcing hub, Ethiopia to follow

"Rising labor costs in East Asia and tax-free access to the US market is encouraging Asian textile and garment manufacturers and Western buyers to turn to Egypt. China is planning to move 20 per cent of its production to Egypt either by setting up shop, through mergers or full acquisitions of local companies. The US-Ch... Read more

Africa emerges strong clothing, footwear sourcing destination

Africa emerges strong clothing, footwear sourcing destination

"The sub-Saharan African clothing and footwear market is worth $ 31 billion. The number of non-selected and African descent models has increased significantly, on global runways for fashion’s biggest brands. They are featured in leading fashion magazines and among most of the world’s land breaking advertisi... Read more

Tackling denim sustainability through blockchain

Tackling denim sustainability through blockchain

"One of the most popular types of clothing around the world, denim is also one of environmentally hazardous garments. A case in point is the river delta in China whose water turned blue from the washing of jeans from thenearby denim factories. Lately, many brands trying to arrive at a common consensus on the issue of s... Read more

Apparel Sourcing Show Paris:Bangladesh emerges among top RMG producer

Apparel Sourcing Show Paris:Bangladesh emerges among top RMG producer

"The recent Apparel Sourcing Show, hosted in Paris, noted that China's dominance of the global clothing manufacturing sector might soon come to an end. Bangladesh, with its lower production costs, will overtake China, with many Chinese manufacturers shifting their production facilities to the South Asian nation. A... Read more

Government schemes boost textile growth, imports cause concern: CITI

Government schemes boost textile growth, imports cause concern: CITI

"There is positivity in the entire textile value chain thanks to the pragmatic approach adopted by the government, says Confederation of Indian Textile Industry (CITI) has said. However, rising imports of textile products remains a key area of worry. As per Sanjay Jain, Chairman, CITI, the RBI Financial Stability Repor... Read more

Bangladesh: BTMA makes robust plans for future growth

Bangladesh: BTMA makes robust plans for future growth

"Mohammad Ali Khokon was recently elected president of Bangladesh Textile Manufacturers Association (BTMA) for a two-year term (2019-2020). As the President of BTMA, Khokon plans to work in the woven and knit sectors by filling demand gaps. Besides pushing the government to announce weaving as a separate sector and pro... Read more

Blockchain Technology revolutionises the global cotton market

Blockchain Technology revolutionises the global cotton market

"Blockchain technology is paving its path into the cotton market. This technology makes transactions and contracts simpler and tracing more accurate. But, the questions of reliability, scalability and governance of this revolutionary technology need to be answered before it is at a bigger scale. In October 2016, the We... Read more

GTTES 2019 to discuss trending industry topics, expand customer networ…

GTTES 2019 to discuss trending industry topics, expand customer networking

"New opportunities and prospects for the textile industry will emerge as over 400 exhibitors and 48 countries participate in the 2nd edition of Global Textile Technology & Engineering Show in Mumbai from January 18 to 20, 2019. This year, GTTES has seen 26 per cent growth by attracting about 168 companies. It has m... Read more

Additional US tariffs on China to make production expensive

Additional US tariffs on China to make production expensive

"While the trade truce between the US and China gave brands and retailers some time to plan their counteractions if President Trump levies tariffs on the remaining goods imported from China, it also extended the uncertainty over the future. Every time a new set of tariffs are announced, soft goods brands and retailers ... Read more

Digital Printing-The future of commercial printing

Digital Printing-The future of commercial printing

"Conventional textile printing is giving way to digital printing inorder to accommodate short runs, fast turnarounds, or new products. The market is supported by a complex and well-established textile supply chain, of which printers are only a very small component. Commercial printers therefore, need to focus on more a... Read more

Top 10 trends to define the fashion agenda in 2019

Top 10 trends to define the fashion agenda in 2019

"The ‘State of Fashion Report’, co-published by McKinsey & Company and Business of Fashion, dubs 2019 as a year of awakening as companies will pioneer new innovations in automation and AI, disrupting themselves before others do it for them. The report 10 key trends that will define the fashion agenda in... Read more

New technologies help cotton replace synthetics as new performance fab…

New technologies help cotton replace synthetics as new performance fabric

"With its inherent properties of breathability, insulation, anti-allergenic and odor control complementing new technologies, Cotton is setting its sights on the performance sector. In the sports and outdoor market, conventional cotton can’t compete with synthetic garments as it cannot manage moisture across its s... Read more

Cotton processing market to reach $72.6 billion by 2023

Cotton processing market to reach $72.6 billion by 2023

"Cotton processing market, estimated at $59.7 billion in 2018, is projected to grow at a CAGR of 4.0 per cent to reach $72.6 billion by 2023. Growth is being driven by increasing demand for cotton in the textile industry and rising animal feed. The Asia Pacific is projected to be the fastest-growing regional market wit... Read more

Dependence on China fickle, India needs to formulate its own strategie…

Dependence on China fickle, India needs to formulate its own strategies

"Textile industry in China maintained a moderate rise in the first quarter of 2016. Textile exports grew by 22.16 per cent reaching EUR 24.6 billion. Exports to the European Union and the United States declined to 9.7 per cent as the set quota limits reached the sum of EUR 7.3 billion, 47 percentage points lower than t... Read more

Strong domestic demand, growing exports boosts future of Indian textil…

Strong domestic demand, growing exports boosts future of Indian textiles

"India’s textiles sector has witnessed a spurt of investment in the last five years. The industry attracted FDI worth $2.97 billion from April 2000 to June 2018. Some of the major investments in include a new skill development scheme named 'Scheme for Capacity Building in Textile Sector (SCBTS)' by the Cabinet Co... Read more

February edition of The Fairyland for Fashion in Paris to attract 1,80…

February edition of The Fairyland for Fashion in Paris to attract 1,800 exhibitors

"The Fairyland for Fashion, the banner under which the twice-yearly Paris trade fairs held by Messe Frankfurt France at the Le Bourget exhibition centre are grouped, is dedicated to materials, clothing production and forward planning for textiles, clothing and accessories. The event comprising the upcoming Apparel Sour... Read more

Asia-Pacific blended fibers market to reach 9 million tons by 2024

Asia-Pacific blended fibers market to reach 9 million tons by 2024

"A new business intelligence report by Global Market Insights titled ‘Blended Fibers Market Research Report’ provides comprehensive market analysis with future prospects to 2024. The report predicts the blended fibers market in the Asia Pacific region will be over 9 million ton by 2024. This is driven by gr... Read more

Brexit to impact global economy slowly but surely

Brexit to impact global economy slowly but surely

"For the last two and a half years, Brexit has consumed the entire United Kingdom. The UK’s negotiations with the EU have dragged on through multiple déjà vu moments, and the consensus is that the economic fallout will be felt far more acutely in Britain than in the EU, let alone in countries elsewh... Read more

Tirupur garment exporters set up units beyond Indian shores to tap gro…

Tirupur garment exporters set up units beyond Indian shores to tap growth

"The Tirupur’s garment industry employs nearly 7 lakh people directly. Until last year, the industry grew at a rate of 20 per cent year-on-year. The cluster, last year, witnessed negative growth for the first time in nearly a decade. After GST was implemented, the cluster lost nearly 5.4 per cent of total drawbac... Read more

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

 
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The next edition of YARNEX to be held in February 2020

More than 8,000 manufacturers related to garment and textile industry visited the 14th edition ... Read more

Source Denim UK teamed up with Common Objective to offer green solutions

UK sourcing show Source Denim, Fashion SVP’s dedicated denim showcase was held from Janua... Read more

Pakistan yarn sector seeks duty relief

Textile industry in Pakistan wants duties on polyester and cotton yarn to be abolished. The rat... Read more

Lenzing, WTS team up to create a knits collection

Lenzing has partnered WTS to create a range of knits made with Tencel Refibra technology. Among... Read more

Sustainability to go mainstream in 2019

In 2019, sustainability will go mainstream and influence more aspects of our lives than ever be... Read more

India launches textile initiatives

India is rolling out initiatives for the textile sector. One such is the India-specific apparel... Read more

Both Vietnam and EU to benefit from FTA

The free trade agreement between the EU and Vietnam is expected to be a win-win agreement for b... Read more

GTTES textile show attracts over 9,000 visitors

Global Textile Technology and Engineering Show (GTTES) was held in Mumbai, from January 18 to 2... Read more

Ehtiopia to host ITME Africa next year

India ITME Society will host ITME AFRICA 2020 in Ethiopia in February next year. This is an uni... Read more

Vietnam needs to reduce import dependence

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected t... Read more

Raymond gets Sebi show cause for market violations

The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to textile mak... Read more

Vietnam depends heavily on imports

Vietnam emerged in second spot in global garment and textile export turnover in 2018. However, ... Read more

Global textile chemicals sector sees growing demand

The global textile chemical market is growing at a CAGR of 3.4 per cent. Textile chemicals incl... Read more

South Africa to launch black industrialist textile firm

Bulelani Magwanishe, the Deputy Minister of Trade and Industry and Sihle Zikalala, KwaZulu-Nata... Read more

Mumbai hosts GTTES showcasing latest innovations in textile tech

Global Textile Technology and Engineering Show (GTTES) is being held in Mumbai, from January 18... Read more

Malaysia to increase textile exports to the US

Amidst ongoing trade war between the US and China, Malaysia is seeing a huge potential of enhan... Read more

Indian cotton exports to Pakistan unlikely to increase despite duty cuts

India's cotton exports to Pakistan are unlikely to increase, despite the neighbouring country s... Read more

Crude oil volatility affects Indian synthetics sector

Volatility in crude oil prices has hit Indian synthetic textile manufacturers. When crude price... Read more

Textile show Colombiatex in Brazil this week

Colombiatex will be held in Brazil from January 22 to 24, 2019. This is Latin America’s m... Read more

Technical textiles hold a great future for India

The technical textile industry in India is growing at a CAGR of 20 per cent. The diverse range ... Read more

Orders start coming for Vietnam post US-China tariff war

The ongoing US-China trade war threatens to dent exports from the world's two largest economies... Read more

Pakistan enhances synthetic filament capacity

Pakistan is upgrading its filament production capacity. The aim is to ensure availability of th... Read more

Pakistan withdraws duties on cotton imports

Gas and electricity tariffs have been rationalised for the export-focused industry in an attem... Read more

Egypt industry ministry plans largest textile city

The Ministry of Trade and Industry in Egypt recently announced plans to establish the largest t... Read more

Cotton Connect works toward increasing organic cotton use

Volcom is working with Cotton Connect on a program to increase the supply of organic cotton. Th... Read more

Arvind to adopt sustainable dyeing technologies in its units across India

Textile major Arvind is keen on introducing DyeCoo’s CO2-dyeing technology at its manufac... Read more

US hopes for a steady trade agreement with EU

The US wants its trade agreement with the EU to develop rules of origin that ensure that prefer... Read more

Pure Origin London to launch own catwalk

Fashion festival Pure London, Pure Origin will launch its own forward trends catwalk showcasing... Read more

Pakistan’s textiles sector fails to meet targets for 2014-19

Pakistan’s textile policy for 2014-19 has failed to achieve its targets. The main reasons... Read more

Pakistan’s textile exports grew 0.06 per cent from July to Dec

Pakistan’s overall exports grew 2.19 per cent during July to December. Imports fell by 2.... Read more

Creativity to drive fashion S/S ’20 in forecasts Premier Vision

For spring/summer 2020 fashion has no problem playing with bizarre ideas and questionable aesth... Read more

Wool shearing practices come under spotlight

Abuses are rife in the wool industry though there are companies that claim their materials are ... Read more

Vietnam aims for 10 per cent higher turnover in garment, textile exports th…

This year Vietnam’s garment and textile export turnover is expected to be up 10.8 per cen... Read more

Turkey emerges a textile powerhouse

The Turkish textile sector has a strong image in the global market. The sector stands out with ... Read more

Trident Q3 profit up 53 per cent

For the third quarter Trident has had a 53 per cent rise in net profit. The company’s rev... Read more

Trade dispute may benefit Asia

Trade tensions between China and the US are expected to reap benefits for Southeast Asia. Tarif... Read more

Redress invites applications for sustainable fashion design competition

Redress is the world’s largest sustainable fashion design competition. With a focus on em... Read more