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Boom or Illusion: Cushman & Wakefield's report on European luxury retai…

Boom or Illusion: Cushman & Wakefield's report on European luxury retail raises questions

  Cushman & Wakefield's (C&W) maiden ‘European Luxury Retail Report’ reveals a positive scenario of the industry, highlighting an increase in store openings and resilient consumer spending. However, a closer look the report reveals some potential shortcomings that could leave a more nuance... Read more

China's Shifting Sands: A new landscape for luxury

China's Shifting Sands: A new landscape for luxury

  China's luxury market, once marked by conspicuous consumption and a booming economy, is undergoing a significant transformation. The current economic scenario, with slower growth and a focus on domestic brands, is reshaping consumer preferences and forcing international players to adapt. Market resizes Th... Read more

Fast Fashion's Frenzy: A race against time and the environment

Fast Fashion's Frenzy: A race against time and the environment

  The fashion industry is in a whirlwind. Fast fashion, with its trendy clothes at rock-bottom prices, continues to dominate the market, projected to reach a staggering $291.1 billion by 2032 at a CAGR of 10.7 per cent. However, a growing shadow looms – the environmental cost of this relentless trend. ... Read more

From Waste to Wear: Booming rPET market paves the way for sustainable texti…

From Waste to Wear: Booming rPET market paves the way for sustainable textiles

rPET fibers, Patagonia, The North Face, Adidas, H&M, Mordor Intelligence Recycled polyester fiber (rPET), reborn from plastic waste, is rapidly transforming the textile industry. This eco-friendly alternative to virgin polyester offers a glimpse into a more sustainable future for fashion and beyond. The global ... Read more

Fashion for Good launches US report on textile circularity

Fashion for Good launches US report on textile circularity

  Fashion for Good, in collaboration with various industry stakeholders, has unveiled the Sorting for Circularity USA report, marking a significant milestone in understanding and advancing circularity within the textile industry in the United States. This pioneering report provides insights into consumer disp... Read more

DTY takes center stage, a shift in the global nylon filament yarn market

DTY takes center stage, a shift in the global nylon filament yarn market

  The traditional peak season of 2024 for the nylon filament yarn (NFY) market has brought a surprising twist. Unlike last year, where Fully Drawn Yarn (FDY) reigned supreme, Textured Yarn (DTY) has emerged as the hot commodity. This shift can be attributed to a combination of factors impacting global supply ... Read more

Indian Textiles: Weaving a path to $100 bn exports by 2030

Indian Textiles: Weaving a path to $100 bn exports by 2030

  The Indian textile industry, a cornerstone of the nation's economy, has set its sights on an ambitious goal: achieving $100 billion in exports by 2030. This target marks a significant leap from the current figures. According to the Directorate General of Commercial Intelligence and Statistics (DGCIS), India... Read more

Global apparel market poised for growth with APAC leading the charge

Global apparel market poised for growth with APAC leading the charge

  The global apparel industry is thriving, with market size estimated at $1.36 trillion in 2024 as per Mordor Intelligence. This positive trend is expected to continue, with various reports projecting a healthy Compound Annual Growth Rate (CAGR) in coming years. Various studies have estimated the market size... Read more

US home textile imports see upward trend in Q1 2024, but caution remains

US home textile imports see upward trend in Q1 2024, but caution remains

  US home textiles imports the first quarter of 2024 showed signs of a rebound, sparking cautious optimism in the industry. However, lingering questions about long-term trends and country-specific variations paint a complex picture. Shifting import trends Compared to the lackluster performance in Q1 2023, t... Read more

India's cotton fabrics & made-ups export presents a mixed bag

India's cotton fabrics & made-ups export presents a mixed bag

  While India remains a global leader in cotton production, its exports of cotton fabrics and made-ups (excluding yarn) painted a mixed picture in FY23 compared to previous years. Value wise cotton fabrics & made-ups exports reached $ 6.81 billion in FY23, a slight decline from previous years. The slight... Read more

AAFA slams continued tariffs on apparel and footwear, citing burden on cons…

AAFA slams continued tariffs on apparel and footwear, citing burden on consumers and businesses

  China “cheats” and “we won’t let it flood our market,” said US president Joe Biden on May 14, to justify quadrupling customs duties on Chinese electric vehicles, imposed alongside tariff rises on other goods. Among them, a wide range of textile and apparel products, a cause of ... Read more

As Walmart reshapes workforce, questions emerge on automation or office shu…

As Walmart reshapes workforce, questions emerge on automation or office shuffle

  Walmart, the retail giant, recently announced job cuts in its corporate sector alongside a push for in-office work. This has sparked questions about the true motives behind the moves. While automation is a stated goal, some speculate there's more to the story. Embracing automation Walmart claims these cha... Read more

European luxury retail thrives as bricks and mortar stores compete with onl…

European luxury retail thrives as bricks and mortar stores compete with online retail: Cushman & Wakefield report

  Despite the massive growth of e-commerce, a new report by Cushman & Wakefield (C&W), a global real estate services firm, paints a surprising picture of Europe's luxury retail sector – one brimming with resilience and growth. Their first-ever ‘European Luxury Retail Report’ delves i... Read more

EU cracks down on unsustainable fashion, new directive demands transparency

EU cracks down on unsustainable fashion, new directive demands transparency

  The European Union (EU) has ushered in a new era for sustainable clothing with the implementation of the Corporate Sustainability Due Diligence Directive (EUCSDDD). This legislation, effective in phases starting 2027, will significantly impact the textiles and apparel industry, forcing brands to clean up th... Read more

Vietnam's trade boom stimulated by China, raising concerns for US

Vietnam's trade boom stimulated by China, raising concerns for US

  The US-China trade war, marked by tariff hikes, has led to a surge in US imports from Vietnam. However, Vietnam's success in capturing market share from China comes with a twist: it relies heavily on Chinese inputs for its exports. Statistics reveal a clear picture. Vietnam's trade surplus with the US incr... Read more

Looming Threads: US tariffs on China's textiles spark uncertainty

Looming Threads: US tariffs on China's textiles spark uncertainty

  The American textile and apparel industry is facing a wave of uncertainty due to the recent announcement of tariffs and penalty clauses on imports from China. This move by the US administration has ignited a complex debate, with potential impacts on manufacturers, consumers, and China's textile exports. Wh... Read more

Burberry's bumpy road, growth despite revival efforts

Burberry's bumpy road, growth despite revival efforts

  Burberry, the iconic British luxury brand, has shown mixed signals in its recent performance. The brand reported a 10 per cent increase in full-year revenue for the fiscal year ending April 1st, 2024. This translates to £3.1 billion. Attributable profit also rose to £490 million, compared to &po... Read more

Almost half of UK clothes still end up in landfill despite recycling effort…

Almost half of UK clothes still end up in landfill despite recycling efforts, wrap report finds

  Despite growing awareness of sustainable fashion, a new report by WRAP, a leading climate action NGO, reveals that nearly half of all used clothes in the UK still end up in general waste bins. The report, titled ‘Textiles Market Situation Report 2024’, highlights that in 2022, out of the 1.45 m... Read more

France push for EU ban on used clothes exports, a complex issue with no eas…

France push for EU ban on used clothes exports, a complex issue with no easy answer

  The fashion industry is a major contributor to textile waste, with Europe alone generating 5.2 million tons annually. France is proposing a ban on EU exports of used clothing, aiming to curb this waste and prevent African nations from becoming dumping grounds for unwanted garments. This proposal has sparked... Read more

Made in the USA: A stitch in time for American apparel?

Made in the USA: A stitch in time for American apparel?

  The ‘Made in the USA’ initiative for apparel manufacturing has become a prominent thread in the American consumer landscape. It has gained traction due to several reasons. One primary objective is to revitalize the American textile and apparel industry, which has seen a significant decline in e... Read more

On-Demand Manufacturing: A blueprint for the fashion industry's waste crisi…

On-Demand Manufacturing: A blueprint for the fashion industry's waste crisis

  The global fashion industry is going through multiple levels of issues. Struggling sales, overflowing stockpiles, and unsustainable practices are just a few of the issues plaguing major brands. But a new solution is emerging: on-demand manufacturing. Mass production, mass waste Traditional fashion relies... Read more

Intertextile Shanghai Apparel Fabrics –March’24

What have been the major changes in market over the years?

Bruno Landi, Vitale Barberis Canonico, Italy
Bruno LandiThe major changes in the China market over the years have included a shift from buying high-quality, high-priced products to more price- conscious options, a transition from formal wear to leisure and outdoor products, and a slowdown in the market due to economic challenges such as high unemployment rates and real estate issues. Additionally, there has been a shift towards functional leisure products, with a small percentage of formal production transitioning to this new trend.”
Bob McAuley, President, HMS International
Bob McAuleyThe emerging trends in products around the world include a shift towards heavier fabrics, a preference for casual and performance fabrics with stretch, and a focus on more casual and sportswear options. Additionally, there is a trend towards more women's wear tailored clothing and a demand for heavier fabrics in many countries.”
Takashi Mitani, General Manager, Kurabo Textiles, Japan
Takashi MitaniThe world of textiles is changing in terms of focus on ecology and sustainability, with advanced markets like the USA and Europe leading the way. Japanese companies are also trying to promote ecology and sustainability, especially as they enter the China market. Additionally, there is a shift towards using Japanese technical expertise in production facilities in countries like Thailand, Vietnam, Indonesia and China. ”
 
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Sri Lankan labor law reform faces uproar from Rights Groups

  Amnesty International, Clean Clothes Campaign, and Human Rights Watch are calling for... Read more

Sportswear brand On appoints Laura Miele as independent board member

  Swiss sportswear brand On has appointed Laura Miele as its independent board member, ... Read more

A Cat Eye View Cat Eye <br />China Insight
CHINA INSIGHTS

Contributed by Mr. Zhao Hong & Ms. Xing Rong

Amid unprecedented Non Woven growth, China revises mask quality standards

Amid unprecedented Non Woven growth, China revises mask quality standards

With the daily output of masks touches over 20 million, China introduces new standards for... Read more

China: Silk city Shengze is pilot zone for the world-class textile cluster

China: Silk city Shengze is pilot zone for the world-class textile cluster

  Shengze, home to the largest silk wholesale market known for silk and man-made s... Read more

Fashion industry in Saudi Arabia to grow at 48% CAGR from 2021-25

  The fashion industry in the Kingdom of Saudi Arabia is poised to grow at a CAGR of 48... Read more

AlphaTauri unveils key looks for SS25

  AlphaTauri introduces Cirrus, an innovative Spring/Summer 2025 collection that transc... Read more

Chanel to boost retail investment by 50%

  Chanel plans to increase its investment in its retail network by at least 50 per cent... Read more

PVH signs individual binding agreements to support collective bargaining in…

  PVH signed individual binding agreements to support collective bargaining in Cambodia... Read more

SU.RE launches transformative project to revolutionise India’s apparel sect…

  SU.RE (Sustainable Resolution) aims to revolutionise India’s apparel sector thr... Read more

Mango expands retail spread with a new store in Norwich

  Spanish fast fashion brand Mango has expanded its retail presence with a new store in... Read more

Savio to unveil latest innovations at ITM 2024

  Savio is set to unveil its latest innovations, the Proxima Smartconer automatic winde... Read more

Eastman launches Naia Renew ES staple fibers at Intertextile Shanghai Appar…

  Showcasing its dedication to sustainability, Eastman unveiled the Naia Renew ES stapl... Read more

Vicunha Group inaugurates new sewage treatment plant

  A Brazilian multinational company specialising in denim manufacturing with operations... Read more

First chapter of Villa Zegna unveiled in Shanghai

  Zegna, the esteemed Italian company founded by Ermenegildo Zegna has unveiled the fir... Read more

Indo Count to produce Fieldcrest and Waverly branded products in the US and…

  The world’s largest manufacturer of home textile bed linens, Indo Count has ent... Read more

RE&UP unveils Next-Gen recycling at Global Fashion Summit

  At the Global Fashion Summit, RE&UP introduced a recycling ecosystem poised to re... Read more

RE&UP unveils Next-Gen recycling at Global Fashion Summit

  At the Global Fashion Summit, RE&UP introduced a recycling ecosystem poised to re... Read more

Japan-based retailer Diesel Shibuya unveils new store concept

  Recently reopened, one of Japan's largest stores, Diesel Shibuya has unveiled a new r... Read more

Grasim Industries registers 15.54% rise in net profit during Q4, FY24

  The flagship holding firm of the Aditya Birla Group, Grasim Industries registered a 1... Read more

Champion unveils Weighted Hoodie to promote mental health

  Renowned for its authentic athletic apparel since 1919, Champion has unveiled its lat... Read more

Mud Jeans to raise €250,000 in second crowdfunding round

  In its second crowdfunding round launched this week, circular denim brand Mud Jeans a... Read more

Half of Guess’ mainline apparel portfolio to be included under Eco Label by…

  US-based fashion brand Guess aims to incorporate half of its mainline apparel product... Read more