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
"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
"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
"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
"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
"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
"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
"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 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…
"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
"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
"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
"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…
"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, 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…
"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…
"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…
"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
"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
"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…
"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…
"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
"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
Textile show Colombiatex in Brazil this week
Colombiatex will be held in Brazil from January 22 to 24, 2019. This is Latin America’s most important textile show. In addition to offering apparel fabrics and inp... Read more
Monarch and BMSvision join forces to bring Industry 4.0 to the knitting industry
Monarch, one of the leading suppliers of high-end circular knitting machines and Belgium based BMSvision have entered into a co-operation agreement for the development, m... Read more
Kornit Digital Wins Silver in Hong Kong Digital Printing Award 2018
Hong Kong Digital Printing Association recognizes color vibrancy and print quality of a neon neck pillow, made from polyester and printed on Kornit Allegro HONG KONG, Ja... Read more
Sensient Inks announces new Turkish Distribution Partner
Sensient Imaging Technologies, a leading developer and manufacturer of digital inks, is delighted to announce that it has entered into a distribution agreement with Spot ... Read more
Italian textile machinery well represented at Colombiatex 2019
Aroud 15 Italian textile companies will participate in the upcoming edition of Colombiatex 2019 to be held in Medellin from the January 22-24, 2019. The exhibition will b... 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