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To help manufacturers of low value products to reduce cost of production, theshould promote large scale apparel manufacturing by incentivising medium-sized firms to scale up to large-sized, the Indian Texpreneurs Federation (ITF) has said. In FY 2018-19, twenty per cent of the items in high volume products basket were priced below $3 per apparel.Based on an analysis of 30 high volume HS codes, the Coimbatore-based organisation said 43 per cent of items in the high volume apparelbasket were price
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Superdry has announced the appointments of Helen Weir and Alastair Miller to its Board. The appointments will take effect from July 11, 2019. Helen Weir will be the senior independent director and Alastair Miller will become chair of the audit committee. The Superdrydesigns affordable, premium quality clothing, accessories, and footwear.Helen Weir was most recently chiefofficer (CFO) of Marks & Spencer, a role she held from 2015 to 2018. She currently sits on the boards of Just Eat and the R
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Several Asian nations may gain in the US clothingif the threat to impose additional tariffs on Chinese clothing imports is carried out, says aby global business information firm Textiles Intelligence. If additional tariffs are imposed, the landed prices of imports from Chinese suppliers will rise, negatively affecting imports from there.Suppliers in China have been under pressure in recent years to reduce their prices in order to maintain order volumes.Also set to benefit are the industries in B
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bluesign® Dialogue Dhaka 2019 held on 9 July at Le Meridian, Dhaka. ‘Excellence in responsible manufacturing’ was the key theme of the dialogue.The dialogue is the part of the global series organized by bluesign® technologies AG. The purpose of arranging the seminar is to focus on the latest knowledge and exchange know-how around responsible manufacturing with the experts of bluesign®.Figure:‘Sustainability as a Global Movement –Threats to and Opportunities for the Textile Industry in Bangladesh
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The global wool yarn market was pegged at more than US$ 33,500 mn in terms of value at the end of 2018, and is anticipated to reach nearly US$ 50,500 mn by the end of the forecast period 2029, registering a CAGR of over 4%.Figure: Globally the consumption of wool yarn has increased significantly.The report on the wool yarn market, for the period of 2014–2018 and assessment period of 2019–2029, analyzes the market, and forecasts the upcoming market scenario based on yarn type, wool type, applicat
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COPENHAGEN – Fashion brands need to speed up moves towards circularity according to a new report published today by Global Fashion Agenda, which shows only modest progress towards a set of ambitious targets by 90 brands and retailers who signed up to its 2020 Circular Fashion System Commitment in 2017.Today’s two year status report reveals that just 21 per cent of the original 213 targets, from four key 'action points', have so far been met by brands such as Nike, H&M, ASOS, Gap Inc.
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A near tug-of-war has resulted between the Imran Khan led Pakistan government and the textile sector. Other industrial sectors including sugar and cement have also joined them according to reports. The Pakistani government has recently taken a slew of measures recently in their budget for 2019-20 financial year which aims to increase tax to GDP ratio as well as come out of the economic turmoil they country is in. Among the measures that the industrial sectors feel went against them are increase
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The European Union and Mercosur states – Argentina, Brazil Paraguay and Uruguay, have reached a conclusion of negotiations for a comprehensive and ambitious Free Trade Agreement at the end of last month.Euratex, the European Apparel and Textile Confederation, said it welcomes the agreement. The organisation has been actively engaged in the negotiation process to ensure an agreement fit for textile and clothing companies, also preserving social and environmental standards in the manufacturing of
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Archroma, a leader in colour and specialty chemicals towards sustainable solutions, has launched its newDiresul Smartdenim Blue, a liquid sulphur blue dye designed to mimic indigo, at the ITMA exhibition, last month.The new Diresul Smartdenim Blue, a liquid sulphur blue dye designed to mimic indigo’s behaviour, here applied using Archroma’s Advanced Denim technology. © ArchromaThe new product will be the core of Archroma’sIndigo Reflection, a coloration system that behaves like indigo, with an e
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Eurofins Consumer Products Testing (CPT), an international group of laboratories providing testing and support services to pharmaceutical, food, environmental, agroscience and consumer products industries, has acquired Lab Solution Srl. The acquisition is a stepping stone for Eurofins into luxuryindustry with a renowned and well-established partner.Lab Solution has the technical pedigree to ensure fast, accurate and bespoke first-in-class services, thereby contributing to broadening Eurofins CPT