Collaboration, key to building a successful supply chain in future
Post COVID-19, the idea of a regional supply chain is taking roots amongst fashion brands. Searching for new alternatives for their current faulty operational systems, brands are increasingly shifting to circular supply chain that also considers environmental impact of clothes, says Imran Ahmed, Founder and C... Read more
India: Amazon-Future feud sparks foreign vs local debate
The legal spat between Amazon.com Inc and Reliance Industries over the Reliance-Future deal has invoked a xenophobic fervor amongst watchers by sparking a foreign vs local debate. Amazon has accused the Future Group of violating a contract by agreeing to a sale to the Mukesh Ambani controlled Reliance Industr... Read more
Second COVID-19 wave calls for external regulations to fix supply chai…
The European fashion industry is again being held at ransom by another wave of COVID-19 that is threatening brands with fresh order cancellations Though less frequent than they were in March, cancellations are coming faster as brand partners are choosing to act early, says Hilmond Hui, Vice President, PFGHL-a... Read more
India-US FTA can lay down trade rules for the 21st century
When 15 countries including the 10 ASEAN nations signing the Regional Comprehensive Economic Partnership (RCEP) deal on November 15 this year, India decided against participating as it perceived the deal could block India’s exports and spur imports, mainly from China. The China-backed deal would have ac... Read more
Localization can make India the epicenter of global textile growth
In June this year, home textiles major Welspun India forayed into the health and hygiene vertical by creating antimicrobial towels, sheets and carpets. Besides, antiviral products, masks and other goods, the company also launched several sleepwear products. The company started by manufacturing masks and distr... Read more
Luxury sector banks on pre-Christmas rush to boost business
Compensating for dismal performance in the second quarter, the global luxury sector surpassed expectations in the third quarter with notable performances from LVMH and Hermes. As per Business of Fashion, the fashion luxury sector was abuzz with activities this month with Tiffany reviving deal with LVMH ... Read more
Curbing overconsumption can help China tackle fashion waste
One of the world’s biggest fashion markets-China throws away 26 million tons of clothes every year. Less than 1 per cent of these discarded clothes are reused or recycled, which contributes to 10 per cent of global carbon emissions, says a report by the Ellen MacArthur Foundation. Exporting used clothe... Read more
Required: An urgent resizing of Indian sizing charts
In January this year, the Kerala government introduced a ‘fat tax,’ on certain food types not suitable for consumption. The tax aims to curb consumption of unhealthy foods in India. In fashion, especially couture, the tax refers to the practice of charging extra for clothes in bigger sizes. Fat t... Read more
Vietnam could gain if Bangladesh fails to tap duty-free knitwear expor…
National perspective plans ‘Vision 2021’ and ‘Vision 2041’ were launched by Bangladesh to transform itself from least developed countries (LDCs) to a middle-income country, and become a developed nation by 2041. ‘Vision 2041’ aims to amplify Bangladesh’s bilateral tra... Read more
RCEP: India stays out of largest trading bloc, US yet to respond
On Sunday, November 15, China and 14 other countries virtually signed the Regional Comprehensive Economic Partnership (RCEP), to create world’s largest trading bloc, encompassing nearly a third of all economic activity. The pact will cover 2.2 billion people with a combined GDP of $26.2 trillion. As per... Read more
British brands will continue to lure customers despite no-deal Brexit
A huge change awaits the British fashion industry as UK finally ends its 47-year membership of the European Union on January 1, 2021. For years, the fashion retail industry has lived with the uncertainty of how UK will fair after exiting the EU without a proper deal. Particularly vulnerable would be the Briti... Read more
Cancellation of VAT refunds to hit UK luxury brands and retailers
According to the New York Times, the cancellation of VAT refunds came as a majo... Read more
AfCFTA to provide business opportunities to African countries
The African Continental Free Trade Agreement (AfCFTA) will provide business opp... Read more
Messe Frankfurt urges manufacturers to focus on the future
Although the global textile and apparel market is currently experiencing a defi... Read more
GSP extension will increase US-Indonesia apparel trade to $500 billion
US’s extension of Indonesia’s Generalized System of Preference (GSP... Read more
JAAF confident of Sri Lanka’s apparel recovery by next year
Sri Lanka's largest apparel body, the Joint Apparel Association Forum (JAAF) is... Read more
Mulberry’s H1 revenues decline by 29 per cent
Mulberry announced its half yearly results and in the 26 weeks to September 26,... Read more
“#strongertogether” event to return to Italy in March
To be held from March 20-24, 2021, the “#strongertogether” will ret... Read more
Unspun teams up with H&M Group brand for custom-fit jeans
Unspun, the technology-driven made-to-order jeans company, has teamed up with W... Read more
Lauren Herbert to be the new CEO of Dicks Sporting Goods
American sports equipment retailer Dicks Sporting Goods has appointed Lauren Ho... Read more
J Crew to reshuffle current leadership
Troubled retailer J Crew Group plans to replace its present CEO Jan Singer with... Read more
Unspun teams up with H&M Group brand for custom-fit jeans
Unspun, the technology-driven made-to-order jeans company, has teamed up with W... Read more
Lauren Herbert to be the new CEO of Dicks Sporting Goods
American sports equipment retailer Dicks Sporting Goods has appointed Lauren Ho... Read more
J Crew to reshuffle current leadership
Troubled retailer J Crew Group plans to replace its present CEO Jan Singer with... Read more
US household expenditure posts more than expected rise in October: Report
Latest Commerce Department report shows more than expected rise in US household... Read more
Manufacturers seek reduction in raw material costs for MMF garments
Garment manufacturers in India believe, to compete in the fast-growing global M... Read more
Oxam report accuses Australian brands of sustaining systemic inequality
A new research from Oxam has accused some of biggest Australian fast fashion br... Read more