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In the first half of this year, the Council for the Development of Cambodia approved 153 investment projects worth around $5.2 billion, an increase of 48 from the same period last year. Leading Taiwan-based curtain manufacturer and seller Nien Made Enterprise Co plans to expand in Cambodia to avoid the fallout from the Sino-US trade war. The firm will expand its production line in Southeast Asia and will shift orders for finished products from China to Cambodia to avoid the risk of US tariffs. C
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Polyester/cotton yarn mills reported a slump in their overall demand this year, partly owing to the surge in supply caused by previous production shift and partly due to the change in market sentiment owing to the trade war. As the CCF Group notes, after initial smooth sales and low inventory in end-2018, the sales of polyester/cotton yarn stagnated with its inventory averaging at 20 days or above.Based on downstream plants, the sales in major producing areas are moving slowly with both domestic
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Trend Council. © Messe Frankfurt GmbH / Pietro SuteraThe development in Heimtextil exhibitors over the past few years shows that while the German market is going through a challenging period, Heimtextil in Frankfurt is positioned as a world-leading platform with a strong international appeal. This trend is set to continue at the upcoming trade fair for home and contract textiles, which takes place from 7-10 January 2020, according to organisers.Exhibitor numbers have increased year on year over
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European fashion brands who buy readymade garments from Bangladesh agreed on 3 September to hand over responsibility for issues like worker safety to a new body called the RMG Sustainability Council (RSC).On 2ndand 3rdSeptember, representatives of the BGMEA and the Steering Committee of the Accord on Fire and Building Safety in Bangladesh (Accord), met in Dhaka to discuss the establishment of the RSC as previously agreed in the ‘Memorandum of Understanding’ signed between the Accord Steering Com
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Aimed at improving safety for workers in the country’s garment industry, is set on a path to ignore workers’ voices and replicate mistakes from the pastThe Life and Building Safety (LABS) Initiative, developed by the Dutch “Sustainable Trade Initiative” IDH, launched its “industry-driven” safety program in Vietnam earlier this month and launches its India program today. Participating companies are Bestseller, Gap Inc., PVH, Target, VF Corporation, and Walmart. LABS announced it is planning expan
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Asda has become the latest big retailer to jump into the world of second-hand fashion with the announcement it will be setting up a ‘Re-Loved’ pop-up in its Milton Keynes store.Running for four weeks from 2 September, the pop-up will feature donated second-hand clothes from a number of different brands, and comes as part of a drive by George - Asda’s fashion brand and the UK’s second largest fashion retailer by volume - to “improve the environmental impact of its clothes and operations.”In March
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Retail footfall in the UK dropped more than expected in August, falling -9.8 percent against August 2018 after a promising recovery in recent months.According to Ipsos Retail Performance’s Retail Traffic Index, the deficit was the worst since last July 2018.Against July, average weekly footfall in the month was down 5.4 percent.London and the South East saw the most dramatic figures, with August’s numbers were down by 18.1 percent on last year and down 9.1 percent on the previous month.Expectati
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, a global leader in color and specialty chemicals towards sustainable solutions, announced that(‘Advance Denim’) will be the first Chinese denim manufacturer to offer a collection made with Archroma’s aniline-free Denisol® Pure Indigo, says a recent press release.Figure: Advance Denim Co Ltd (“Advance Denim”) will be the first Chinese denim manufacturer to offer a collection made with Archroma’s aniline-free Denisol® Pure Indigo. Courtesy: Advance DenimEstablished in 1987, Advance Denim is the
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Technical textiles market in the EU revenue amounted to $1.6B in 2018, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).Figure 1:Driven by increasing demand for technical textiles in the European Union, the market is expected to continue an upward consumption trend.The findings are published inby.The report showed, ove
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Applied DNA Sciences, a leader in PCR-based DNA manufacturing for product authenticity and traceability solutions, has announced a sales and marketing partnership with Navarpluma that extends Applied DNA’s textiles business to include the global down and feather supply chain.Formalisation of the partnership between the two companies follows the completion of a technological advance by Applied DNA to utilise itsSigNatureDNA system to allow for traceability of materials in the down and feather ind