Fast fashion brands, Uniqlo, Inditex, Skechers USA and French apparel group SMCP have come under fire after a French legal association Sherpa, human rights NGO Collectif Ethique Sur L’etiquette, the Uyghur Institute of Europe and an individual Uyghur victim filed a complaint against them with the ... Read more
The pandemic has created immense opportunities for Chinese luxury fashion with European brands opening new stores, expanding digital operations and boosting e-commerce activities in the country. According to Maura Maggioni, CEO-Asia Pacific, Golden Goose, China houses the entire world’s purchasing capac... Read more
Driven by technological innovation and sustainability, the Italian hosiery sector is growing at a robust pace even in the midst of the global pandemic. As per a Knitting Industry report, pandemic has increased the sector’s sustainability awareness and its use of eco-textiles. Alessandro Gallesi, Preside... Read more
The bull run that the Chinese textile and apparel industry experienced from November 2020 lasted until March 2021. However, by mid-M arch, the Chinese market started gradually weakening as in 2020 the US retail market struggled with inventory stabilization and recovery. US’ imports of textiles and appa... Read more
In February 2021, India’s export of basic textiles comprising fibres, spun and filament yarns increased 24 per cent Y-o-Y to $822 million. As per a report by Textile Value Chain, they accounted for about 2.9 per cent of total merchandise exported from India during the month. Driven by a sharp increase i... Read more
In the webinar titled ‘The Perfect Storm: Future-Proofing Your Fashion Business’, Michael Ho, Marketing & Brand Partnerships Manager, Zalora, described 2020 as a year of expansion. The webinar was a part of the three fashion-related webinars hosted by the Online HKTDC International Sourcing Sh... Read more
It’s said, winners seek opportunity in every adversity. So, when 2020 forced retailers to shut physical stores, Laura Pianazza, Founder, Denimazing, came up with a unique idea of launching an online platform for facilitating B2Bb/B2C sales of denims. Denimazing, the platform is a combination of two wor... Read more
From production of basic wear, the Bangladesh and garment industry is fast transforming into a manufacturer of sophisticated garments aided by high-end technologies. A large part of this growth is being led by the denim industry, says a Denim Focus report. Already a reputed name in the world denim market, Ba... Read more
The ban on Xinjiang cotton has shifted apparel brands’ attention to Uzbek cotton as well. As Apparel Insider report, huge tracts of land in Uzbekistan are being transferred to private operators for cotton cultivation. However, this has left many farmers destitute and poor. Farmers in the country are bei... Read more
The pandemic has brought profound challenges for the global luxury goods industry. As per a Bain & Company report, luxury goods sales fell to $331 billion in 2020. They are expected to reach 2019 levels only 2022-end or early 2023. A Forbes report estimates 2021 to be a year of transition for the luxury f... Read more
Nearly all governments across the world have announced fiscal stimulus packages for their economies to recover from the effects of COVID-19. However, the proportion of funds allotted for sustainability initiatives in these packages is much lower than those announced during the Great Recession, says a report b... Read more
Ready To Show & Virtual Fashion Tour, Italy the duo virtual concurrent events were concluded successfully recently. Held between March 16-19, 2021, the virtual events, first of its kind, were aimed at giving international apparels, accessories, textiles and leather manufacturers direct access for so... Read more
As against the entire world, COVID-19 has proved to be a blessing in disguise for the Pakistan textile sector. The country has not only received backlogged orders but also orders diverted from other regional countries like India and Bangladesh. As per Business Recorder, against 5.6 per cent growth recorded du... Read more
With order cancellations and payment deferrals becoming the order of the day during the pandemic, factory owners started laying off workers without paying even their due wages. As per an Al Jazeera report, some of these workers hail from countries that do not offer social security. In February 2020, a garment... Read more
COVID-19 changed public consumption patterns across the world last year. As per Indonesia’s industry ministry, consumption of textile and apparel products (T&A) declined to -8.8 per cent on an annual basis during the year. And as Redma Wirawasta, Secretary General, Association of Indonesian Fiber an... Read more
Despite being known as the green fiber of the 21st century, prices of lyocell’s prices increased only 6 per cent in January-February 2021 period, while prices of most other fibers increased over 30 per cent. As per a CCF Group report, one reason for this is the slackness in demand due to China’s L... Read more
The pandemic caused a seismic shift in fashion retail last year and retailers expect this change continue in future. Figures from UK’s Office of National Statistics show, fashion sales plunged 75.7 per cent and 49.3 per cent in March and April last year. By the end of the year, clothing sales declined a... Read more
To tide over disruptions like COVID-19 and become future-ready, fashion companies need to align themselves to new trends, says a new survey by IMD’s Center for Future Readiness. Pointing to the latest financial results of footwear and apparel brand Nike, the survey highlights its sales growth to $10.36 ... Read more
With lockdowns increasing demand for activewear, there has been 80 per cent rise in use of recycled polyester since 2019, says a report by The Gaurdian. A recent McKinsey & Company survey also finds a 151 per cent rise in search for sustainable activewear while 67 per cent consumers were seen scouting for... Read more
For years, Bangladesh reigned as the world’s most preferred apparel sourcing destination. However, a 2019 survey published by the Chief Procurement Officers of McKinsey & Company had highlighted Vietnam’s rising power in world apparel market. Titled ‘What’s next for Bangladesh&rsqu... Read more
Textile machinery manufacturer, Marzoli India plans to relocate its India assembly line from Hosur to Coimbatore. Incorporated in October 1994 in Bengaluru, Marzoli India’s parent company Marzoli International has over 170 years experience in manufacturing spinning machines. It was established... Read more
A big relief for the industry suffering from COVID-19 induced slowdown, this year’s CHIC Shanghai recorded over 88,000 visitors during the three days starting from March 17-19, 2021. Held at the National Exhibition and Convention Center NECC, CHIC Shanghai was attended by 905 exhibitors, 932 brand... Read more
The pandemic has changed the age old, shabby and worn out image of secondhand fashion and encouraged young Indian fashionistas to embrace pre-worn or used clothes. A report by The Times of India shows, Indian market for secondhand clothes is expected to grow 185 per cent over the next 10 years with many globa... Read more
In recent times, many brands have either launched new plus size ranges or expanded existing size ranges. Yet, only a few have been able to sustain their offerings due to outdated marketing styles or sizing issues and more, says a report by the Business of Fashion. Coresight Research estimates plus-size ... Read more
Fashion retail markets across the world were under severe stress even before the COVID-19 crisis. A new KPMG report ‘Covid-19: Mitigation strategy for Indian textile and apparel sector’ highlights issues like deep discounting and damp consumer sentiments were already threatening the future p... Read more
All’s not well with the Chinese fashion industry. While sales of luxury brands like Dior, Chanel and Louis Vuitton are surging rapidly, fast fashion brands like Gap are being compelled to shut shop due to lack of business. As per a Bloomsberg report, Old Navy has decided to pull out of Chinese market du... Read more
‘Retailers need to inform customers about the category of masks they are selling’
Bobby Arora, Director, Status Quo
“We wait for customers to come into our stores. At this moment it is important for every offline retailer to reach out to their customers and tell them about the new products they have started selling. They need to tempt and bring their customers to buy their product and when they buy they will obviously come in and buy more products. Sometimes even though we do not want to buy online but the continuous rotation of ads tempt us to buy the product but this doesn’t happen offline. In today’s situation retailers will have to adopt this approach of showing customers the products they need as it could be they are delaying the purchase of these products.”
Read Full Interview Here
“China’s superiority may remain unchanged even after COVID-19”
“Discount retailers and value-oriented brands stand to win”
“Deferral of some duty payments and import fees would provide needed liquidity”
‘Don’t use this opportunity to stitch up suppliers’
“Crisis presents opportunities, and we will be ready to act on those that make good strategic sense”
“Coronavirus lockdown has changed our lifestyles in ways that make buying new clothes particularly irrelevant”
‘India can take advantage of this situation and increase its textile exports’
“Buyers and Sellers should plan together to see how they can sustain”
‘We need to learn from this crisis and push ourselves to be self-dependent’
‘There is an opportunity for India as everyone will look for an alternative source’
‘Future apparel sale will depend on the sentiment that prevails after COVID-19’
“I do not think any country is equipped to replace China including India”
‘Once the country opens up, we will face severe worker issues’
In short to midterm, it would impact as there’s disruption in global supply chain
‘Once everything normalizes there will be a big momentum’
Spurring the biggest economic contraction since World War II, COVID-19 has hit every sector from finance to hospitality. Its discretionary nature makes the sector particularly vulnerable, say McKinsey... Read more
Top global brands/retailers have been flocking to Bangladesh for the quality of denim products at competitive prices. A new relatively new entrant in denim, Bangladesh expects strong demand for their ... Read more
Even before COVID-19 pandemic, most Western brands and retailers were struggling to survive. In the new millennium, brands and retailers increased their reach to new geographies by opening more and mo... Read more
Even as brick-and-mortar shut down, fashion firms can position themselves for recovery when the COVID-19 pandemic fades, says a McKinsey study. However, to achieve these objectives, firms need to firs... Read more
CANCEL the shipments, is not the right word at the moment, perhaps to HOLD could be more reasonable. Brands should stand by their commitments as their orders are already in process. This is the only ... Read more
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
Leading Italian circular knitting machine builder SantoniSpA has launched its new unique XT intarsia machine that combines all of the knitting possibiliti... Read more
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 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
To be held from March 9 to 12, 2021, FESPA Global Print and European Sign Expo 2021 are attracting a good line-up of exhibitors who are enthusiastic to en... Read more
Global leader in branded lifestyle apparel, footwear, and accessories, VF Corpo... Read more
People for the Ethical Treatment of Animals (PETA) plans to question Levi Strau... Read more
With the daily output of masks touches over 20 million, China introduces new standards for... Read more
Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more
Lenzing’s Veocel™ brand has introduced the industry’s first c... Read more
Hamilton International has returned as an independent supplier to the polyester... Read more
Industrial and business consulting company AMAC is strengthening its position i... Read more
As per a survey by Euromonitor International, around 74 per cent of global reta... Read more
The Lyrcra Company has launched a range of fibers made from 100 per cent textil... Read more
After almost 30 years with the company, Monforts Vice-President Klaus Heinrichs... Read more
Indian textile MSMEs are staring at business uncertainty in coming weeks. Fresh... Read more
Investment information firm ICRA expects the resurgence of COVID cases in India... Read more
Apparel brands are increasingly taking the direct-to-consumer (DTC) route to bo... Read more
Lenzing Group expects operating result for 2021 to reach 2019 levels. The group... Read more
Egypt is constructing the world’s largest textile factory in El-Mahalla. ... Read more
At virtual event for Earth Day 2021, Jaclyn Allen, Director-Corporate Sustainab... Read more
Redma Gita Wiraswasta, Secretary General, Indonesian Association of Fiber and F... Read more
A value-chain-based solution that encompasses manufacturers, retailers, brands,... Read more
A value-chain-based solution that encompasses manufacturers, retailers, brands,... Read more
AGI Denim and Panda Biotech have entered a global production partnership. As pe... Read more
Zipper and fastening products leader YKK has launched a new digital showroom to... Read more
In line with the recent announcements and new measures in place to tackle resur... Read more
Russian Fashion Week (MBFW Russia) kicked off with a show from local womenswear... Read more
Macy’s is reengaging its core customers besides adding new ones in the fi... Read more
To make its business model more sustainable, Swedish furniture giant Ikea has p... Read more
Global jeanswear and casualwear icon, Wrangler has launched the WeCare Wrangler... Read more
The closure of Primark stores led to 17 per cent drop in revenues of its parent... Read more
Since its launch in October 2019, direct-to-consumer lingerie brand Parade has ... Read more
Brands including Zara, Sandro and Maje owner SCMP, Skechers and Uniqlo have acc... Read more
Integrated reputation management advisory, 80 dB Communications has been appoin... Read more
British heritage sports brand Gola and the European division of Global Brands G... Read more
The Cotton made in Africa (CmiA) initiative plans to collaborate with the Afric... Read more
Most Bangladesh's export-oriented readymade garment (RMG) manufacturers kept th... Read more
A new report from RepTrak, a solution company that ranks global companies&rsquo... Read more
The new industrial level SuperColor F10070H dye sublimation formal printer by E... Read more
At a webinar organized by the Philippine Exporters Confederation Inc, the Depar... Read more
COVID-19 is likely to lead to a decline in Indonesia’s clothing and texti... Read more
South Africa’s largest cotton producer Benin’s exports are expected... Read more