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Despite COVID-19 US apparel industry’s revenue to grow in 2020: Survey

Despite COVID-19 US apparel industry’s revenue to grow in 2020: Survey

A new forecast by the Institute for Supply Management published in the ‘Spring 2020 Semiannual Economic Forecast’ indicates that in the US manufacturing, revenue, capital expenditures and utilization are all expected to contract substantially this year due to the coronavirus pandemic. However, the same sur... Read more

Global denim industry to be more creative and sustainable post- COVID-…

Global denim industry to be more creative and sustainable post- COVID-19

As businesses remain shut and balance sheets get stressed, the pace at which the denim industry is trying to develop a sustainable supply chain is slowing down. This is mainly because the crisis has generated extreme contraction in product consumption which has led to a decline in investments in sustainability, says Lu... Read more

China’s e-commerce report for Textiles and Apparel 2019 showed stable …

China’s e-commerce report for Textiles and Apparel 2019 showed stable growth

In the pre Corona period, statistics show 2019 as an year of continued growth in textiles and apparel online sales to conclude 6.69 trillion Yuan, up by 12.06 percent Year- on- Year. B2B ecommerce sales topped taking a lion-share of 73.24 percent at 4.9 trillion Yuan. Online retail sales of apparel/home-textiles mainta... Read more

CMAI welcomes economic package announced by the finance minister

CMAI welcomes economic package announced by the finance minister

CMAI has welcomed the measures announced by Nirmala Sitharaman, Finance Minister, especially those connected with the Government’s support to the MSME Sector – on which she focused on today. According to CMAI, the enhancing of the upper limits of the sector, the merging of the manufacturing and service sec... Read more

It’s back to business for fashion retailers as dust over COVID-19 begi…

It’s back to business for fashion retailers as dust over COVID-19 begins to settle

As the dust over COVID-19 begins to settle down, fashion retailers, who buckled out of business or downsized considerably some like Warehouse, UK, Oasis, Cath Kidston, Laura Ashley, John Lewis, and others declared themselves bankrupt and many others like Debenhams, Arcadia Group, JCPenney, Nordstrom, J Crew, are itchin... Read more

Fashion to become trendless as brands blend design with purpose

Fashion to become trendless as brands blend design with purpose

Lack of customer activity is increasing brands’ dependence on fashion forecasters who are guiding them to navigate the ongoing crisis. Firms like WGSN and Stylus are holding in-depth video meetings with clients to advise them on what the post-COVID-19 world might look like. These forecasters are not just providi... Read more

Apparel industry needs to evolve a manufacturer-friendly payment struc…

Apparel industry needs to evolve a manufacturer-friendly payment structure

Completely freezing the global textile and apparel value chain, COVID-19 has highlighted some of the major faults in the apparel industry that need to be addressed both in the short and long terms. Varied responses across the apparel value chain Though all parties of the apparel value chain were affected by COVID-19,... Read more

Personal wellbeing products to be the key to tap luxe consumers post C…

Personal wellbeing products to be the key to tap luxe consumers post COVID-19

The ongoing pandemic has turned Maslow’s Hierarchy of Needs upside down as shopping has shifted toward basics with many affluent experiencing online grocery shopping for the first time. An Affluent Perspective (AP) survey conducted by YouGov in early April reveals, for the first time these high net worth consumer... Read more

UK retailers find creative ways to clear unsold stocks

UK retailers find creative ways to clear unsold stocks

Excess unsold stock has become a multibillion-pound problem for fashion retailers whose trade is fast decimating as they are left with pounds of unsold spring and summer stock in their warehouses. Last week, UK-based brand Next recorded a steep decline in sales as more stocks are clogging up in its warehouses than was ... Read more

Medical nonwovens come to rescue for China’s textile economy in the fi…

Medical nonwovens come to rescue for China’s textile economy in the first quarter

Xiantao city which is known as “China Famous Town of Nonwovens”, has over 300 nonwoven manufacturers all are in operation. High-tech Jiahua Nonwoven Company diverted their original business to the melt-blown nonwovens on urgent notice in the middle of February to keep daily output for more than 20 tons, ade... Read more

Raw material focus, credit infusion will help India reclaim lost texti…

Raw material focus, credit infusion will help India reclaim lost textile glory

The advent of technology has rendered millions of artisans in the sector jobless with most of their their skills becoming outdated. COVID-19 has further compounded this problem with the crisis likely to render around one lakh workers in the industry jobless, estimates CMAI. Once famed across the globe as ‘artisan... Read more

COVID-19 to test fashion companies’ resilience, sustainability initiat…

COVID-19 to test fashion companies’ resilience, sustainability initiatives

In their new report titled, ‘Weaving a Better Future: Rebuilding a More Sustainable Fashion Industry After COVID-19,’ Boston Consulting Group (BCG) and technology company Higg Co lay out a framework for a phased rebuilding of the fashion industry that elevates the role of social and environmental commitment... Read more

“China’s superiority may remain unchanged even after COVID-19”

“China’s superiority may remain unchanged even after COVID-19”

Akira Kawashima, Senior Director, Japan Fashion Week Organization/Textile Division “Due to the turmoil caused by COVID-19, global apparel and textile industry has been greatly affected. In Japan, many people are forced to work from home and consequently not only individual workers (including freelancers) bu... Read more

China’s manmade fibre industry hit hard in sales, profits drop by 75%

China’s manmade fibre industry hit hard in sales, profits drop by 75%

In first two months; Jan-Feb 2020, according to the data from National Bureau of Statistics, the man-made fiber industry saw a freefall in profits by 74.78 percent,  PET fiber down by 132.01 percent and polyamide fiber (Nylon) down by 15.64 percent in profits. The total number of man-made fiber companies running i... Read more

Declining prices, falling orders threaten Indian cotton yarn mills

Declining prices, falling orders threaten Indian cotton yarn mills

When Prime Minister Narendra Modi extended the nationwide lockdown till May 3, most of cotton mills in India were shut down. However, the government allowed some spinners in Uttar Pradesh, Gujarat, and Punjab to resume production. A small number of spinners resumed work with operating rate ranging between 10 to 50 per ... Read more

‘Made in USA’ gains ground as import cost rise

‘Made in USA’ gains ground as import cost rise

Recent statistics reveal, the escalating US-China trade war, rising cost of imports, and consumers’ increasing demand for speed to market, is compelling the country to focus on products ‘Made in the USA.’ Textile and apparel production in the country grew to record high of $28.1 billion in 2018 with m... Read more

Huntsman Extends Its Support to the Community During COVID-19

Huntsman Extends Its Support to the Community During COVID-19

Huntsman, the global manufacturer and marketer of differentiated chemicals, has joined hands with social development advisory firm, Fulcrum to identify and assess critical areas amidst the current outbreak in order to support and take necessary action. The assessment revealed that over 200 families of migrant workers... Read more

Karl Mayer launches new jersey fabric collection

Karl Mayer launches new jersey fabric collection

Perfectly timed for Interfiliére in January 2020, Karl Mayer has developed a collection of warp knitted jersey fabrics titled jersey evolution. The production equipment used is the high-performance warp knitting machine HKS 2-S. The particular benefits of these new fabrics include a soft, sleek feel that’... Read more

COVID 19: Traditional textile, apparel retailers to suffer most as dem…

COVID 19: Traditional textile, apparel retailers to suffer most as demand slows

Private consumption accounts for about 58 per cent of India’s GDP, which is likely to grow to around $3,000 billion by the end of FY20. Of this, about 48 per cent is spent on merchandise shopping while the remaining $875 billion is spent on a range of services. Traditional mom & pop stores form the largest sh... Read more

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SIMA hails RBI's extension of term loan moratorium

The Southern India Mills’ Association (SIMA) has hailed the extension of moratorium perio... Read more

Albini Group develops new anti-viral fabrics

Albini Group, best known as a dress shirt fabric supplier to companies including Kering, Armani... Read more

COVID-19 hinders RCEP trade negotiations: Moody’s

Moody’s Investors Service, in its latest Global Trade Monitor report has, stated COVID-19... Read more

India’s apparel industry ready to play a key role in global PPE market: AEP…

The AEPC has said, India’s apparel industry is prepared to play a key role in the global ... Read more

Texcare International postponed to November 2021

Due to the economic situation caused by the global pandemic and travel restrictions, Messe Fran... Read more

Parisian trade show Tranoï seeks partners

The crisis caused by the Covid-19 pandemic is compelling long-established and internationally r... Read more

CCI procures record 92 lakh bales of cotton

The Cotton Corporation of India (CCI) has procured a record 92 lakh bales from cotton growing r... Read more

Brazilian textile industry launches new campaign

With the pandemic and social isolation, Abit (Brazilian Association of the Textile and Clothing... Read more

Strong balance sheet and liquidity boost Coat’s future outlook

Despite the challenges faced by the company due to COVID-19, Coats Digital, the world’s l... Read more

Cotton Council International to use Higg Index

Cotton Council International (CCI) will use Sustainable Apparel Coalition’s sustainabilit... Read more

Mumbai’s GMWA to set up textile, apparel park in Kutch

Garments Manufacturer Welfare Association (GMWA), an organisation of around 750 garments manufa... Read more

Asics invests in Seevix Material Science

Asics Corp.’s investment subsidiary, Asics Ventures, has invested in Seevix Material Scie... Read more

Vietnam targets 5% growth

Vietnam’s accomplishment in pushing back the pandemic was driven partially by a program o... Read more

AATCC to hold textile testing workshop

AATCC (the American Association of Textile Chemists and Colorists) is set to host a Textile Tes... Read more

Armani reopens 100 boutiques

Giorgio Armani reopened around one hundred boutiques in his global retail network with added se... Read more

Vogue, CFDA launch a fundraising initiative

American Vogue and CFDA had launched a fundraising initiative last month called ‘A Common... Read more

YKK expands range to boost COVID-19 essential kit production

YKK USA has expanded its product range to help manufacturers across the country make products e... Read more

Picanol rolls out 100,000th rapier weaving machine in Belgium

Picanol rolled off its 100,000th rapier weaving machine at its plant in Leper, Belgium. The 100... Read more

Bangladesh Bank increases loan limit for garment and textile factories

The Bangladesh Bank has increased the loan limit for garment and textile factories from the Exp... Read more

Lack of suppliers threatens US-China deal for hemp fiber

While China has agreed to purchase an unspecified amount of hemp fiber from the United States i... Read more

Japanese apparel maker Renown files for bankruptcy

Japan's Renown Inc, part of Chinese fashion empire Shandong Ruyi, filed for bankruptcy with 13.... Read more

Global Nylon market to grow by 5% CAGR: Fact.MR

A recent study by FactMR says, the global nylon industry is projected to rise at a healthy CAGR... Read more

Yarn Expo Autumn returns to Shanghai in September

After hosting a record breaking 543 exhibitors from 14 countries and regions, along with over 1... Read more

Karachi Cotton Brokers Forum demand separate cotton ministry

Karachi Cotton Brokers Forum (KCBF), in their budget proposals for the year 2020-21 sent to Pri... Read more

India initiates countervailing duty on Bangladesh jute goods

India has initiated an anti-subsidy investigation for imposition of countervailing duty (CVD) o... Read more

Cotton, textile associations urge for collaborative action against COVID-19

The Better Cotton Initiative (BCI), UK-based Committee for International Cooperation Between Co... Read more

USDA predicts a rebound in Bangladesh’s cotton production in 2020-21

A report of the United States Department of Agriculture (USDA) says Bangladesh’s raw cott... Read more

Revenues of Salvatore Ferragamo decline

As of 31 March 2020 the Salvatore Ferragamo Group reported total revenues of 222 million euros ... Read more

Demand for textiles and apparels in USA plunges

According to latest data by the CCF Group, United States has become the hardest hit and global ... Read more