Textile

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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-…

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 …

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 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…

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

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…

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…

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

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…

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…

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…

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”

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%

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

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

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, 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

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…

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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