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  • Thehas cultivated a dangerous addiction to synthetic fibres, made from climate-destroying fossil fuels like oil and gas, to power its fast fashion business model, says a new report released by a group of organisations that charts how the, especially polyester, has doubled in textiles in the last 20 years.Use of synthetic fibres is likely to continue growing to reach nearly three quarters of total global fibre production in 2030, with polyester accounting for 85 per cent of this share, it says.Th
  • The global footwear market surpassed $410 billion in 2020, and is poised to reflect a moderate growth rate between 2021 and 2031, according to a study by Fact.MR, which said the market is estimated to register a 0.1 per cent growth in 2021 compared to last year. The market’s outlook remains steady over the coming years and will register a 4.5 per cent compounded annual growth rate (CAGR) till 2031.Pic: ShutterstockGlobal footwear consumption fell by around 20 per cent in 2020, representing a sho
  • Shahlon Silk Industries Ltd, a leading fabric and manmade fibre company in India, has announced that the company is expanding its geographical reach to cater to more markets as the demand for textile products showing excellent strength in both domestic and international markets led by increasing demand for fashion and furnishing products.Pic: Shahlon SilkAfter expanding its geographical base, the company exports its products to 15 countries like US, Europe, Middle East, Africa, Belgium, Egypt, J
  • The world’s largest apparel importer USA has nosedived significantly in its apparel imports during 2020 – both value-wise and volume-wise, according to OTEXA.USA imported 23,132.80 million SME of apparels in 2020 valuing US $ 64.07 billion and noted a downfall of 16.37 per cent and 23.46 per cent, respectively.All top shippers fell down in their respective exports to USA owing to pandemic outbreak. As far as volume-wise import of USA is concerned, China Indonesia and India fell in double digits,
  • Brands may seek to move orders to associated factories already in place in Bangladesh and VietnamThe latest coup in Myanmar has changed the dynamics of the whole region. Especially puts foreign investment – FDI commitments into Myanmar were worth $5.5bn in the 2020 FY, which ended in September – in the country’s apparel manufacturing at risk, poses a great threat with looming trade sanctions, and may push some clothing retailers to cut their sourcing ties with the country.Though Myanmar’s readym
  • With online shopping increasing worldwide and with that plastic waste, there is an increased need to find new solutions for more sustainable packaging. Now they introduce a new multi-brand paper packaging system that is reusable and recyclable.With Black Week just behind us and holidays around the corner, online shopping has reached its peak.  And due to the pandemic taking over this year, it is safe to say that e-commerce has changed forever. But while online orders increasing as a general glob
  • DUSSELDORF – German blockchain start-up Retraced has been awarded€1 million (US$1.2m) by investment firm Samaipata, which it will leverage to scale its supply chain transparency tool and broader suite of cloud-based solutions.Powered by solutions provider Oracle’s ‘Hyperledger Fabric’ blockchain platform, Retraced offers fashion industry firms the opportunity to digitise transactions thereby establishing an immutable overview of operations.José del Barrio, founding partner at Samaipata, commente
  • Some leaders of Zhejiang China Light Textile Industrial City Groupleading a team went todifferent markets of China Textile City and Logistics Center respectively from January 28thto January 29th to carry out workplace safety inspections before the Spring Festival. Theyclaimed thatmarkets andLogistics Center shouldpersistworkplace safetysystem andepidemic prevention and control measures to ensure the safety of group during the SpringFestival.
  • KINGSPORT – Eastman is looking at textiles as a key raw material for its newly announced US$250 million plastic-to-plastic recycling facility that will rely on ‘polyester and carbon renewal technology’ to boost its use of recycled raw materials in its ‘Renew’ branded polymers.The new plant initially aims to use over 100,000 metric tons of ‘plastic waste’ per year that cannot currently be recycled using mechanical methods. These specialty recycled polymers will then be used in the packaging, auto
  • The Government of India has imposed a 10 per cent duty (5 per cent basic customs duty and another 5 per cent Agriculture Infrastructure and Development Cess) on raw cotton with effect from February 2, 2021. This will make imports ofcostly, and may also lead to increase in prices of cotton in domestic market.Pic: ShutterstockIndia imports ELS cotton, especially Giza cotton from Egypt and Supima cotton from the US, to the tune of 10 to 12 lakhs bales per year to meet the demands of the global cust
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