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Commercialisation of circular business models is one of the key focus areas for VF Corporation, one of the largest apparel, footwear and accessories companies, to reduce its environmental impact, according to the latest iteration of its Made for Change Sustainability and Responsibility report. The company has also unveiled science-based targets (SBTs).Pic: VF CorporationVF’s Made for Change report details the company’s aspirations for advancing environmental and social improvements across its bu
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The Indian Texpreneurs Federation (ITF) has appointed CRISIL for a pan-India study on working capital issues and financial performance of spinning and readymade garment (RMG) sector. CRISIL will complete the study in next 30 to 40 days by covering 1146 spinning units and 690 RMG units covering Tamil Nadu, Karnataka, Gujarat, Maharashtra, Punjab, NCR region.Pic: ShutterstockAs part of its study, CRISIL will analyse the financial performance of entities in the spinning and RMG sector for four year
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Mobile phones are driving fashion shopping this festive season, accounting for 67 percent of traffic to fashion retail sites and 52 percent of online sales revenue, according to new research.Conversion rates on phones also jumped 53 percent higher since last year as consumers become more comfortable shopping with their mobiles and retailers work on better utilising personalisation technologies.That’s according to an early analysis of global fashion shopping habits by AI-powered e-commerce person
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Montreal-based fashion platform Ssense is expanding its product offering with the launch of dogwear.Brands featuring in the new assortment, which will span harnesses, leashes, collars, sweaters, collar charms and more, include 032c, Ashley Williams, Burberry, Heron Preston, Marine Serre, Moncler Genius, Paul Smith, Stutterheim, Versace, and VIP. Prices will range from 60 US dollars to 1,395 US dollars.Collections by 1017 Alyx 9SM, Misbhv, Martine Ali, Maisie Wilen, Thom Browne, and more will be
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Sri Lanka is taking great leaps to boost its one of the largest contributors to the economy – the apparel export industry. The USD 5 billion RMG manufacturing industry is planning to set up a fabric processing park in Eravur, Batticaloa in the east of the island, to lure investors from countries like China.Figure:This processing park will cut valuable lead time and reduce the input costs. Courtesy: MAS HoldingsThis processing park will cut valuable lead time and reduce the input costs.Sri Lanka’
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Fast fashion may have improved consumer choice but it has come at a cost. Thebefore being thrown away continues to decline, falling 36 percent in the 15 years to 2017. In the US, the average garment is worn just 40 times before it is discarded.Synthetic fabrics such as nylon, polyester and acrylic, which make up around 60 percent of garment production, are all forms of plastic produced from petroleum.Figure 1: APR is situated in Pangkalan Kerinci where it is vertically integrated up to the plant
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Since its independence, Bangladesh’s economy has been experiencing a largely concentrated export basket firstly by the Jute sector and then by Readymade Garment. It has always been a concern for the policy ecosystem to diversify the export base as a diversified economy performs better than concentrated one through overcoming export instability and negative impact of terms of trade.Figure 1: High value-added readymade garment and garment accessories will be the future export frontier.The export b
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Teijin Frontier Co., Ltd., the Teijin Group's fibers and products converting company, announced today that it has launched a lightweight, tear-resistant and flat-surfaced fabric that also is soft, eco-friendly and abrasion-resistant, making it ideal for sportswear. Teijin Frontier will promote its new fabric as a key product for 2021 spring / summer sports and outdoor collections, targeting sales for a wide range of applications.Teijin Frontier envisions its new fabric finding diverse applic
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Swedish textile machinery association TMAS is welcoming two new companies – both at the forefront of sustainable and Industry 4.0-enabled technologies – to its membership.A new benchmark for embroideryThe first is Coloreel, the developer of a thread colouring unit which enables the instant and high-quality colouring, fixation, washing and lubrication of thread to take place simultaneously to the actual embroidering of a fabric, representing a bold and entirely new approach to this traditional fi
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According to global analytical firm GlobalData, though the on-going US-China trade war highlights the country’s need to diversify clothing and footwear sourcing, it is not an easy task given its dominance of apparel supply chains. China is by far the largest clothing and footwear supplier, accounting for 42 per cent of all apparel and 69 per cent of all shoes imported into the US last year. All other countries combined are ill-equipped to handle the sheer volume of capacity that would be require