Increasing revenue and shrinking profits for Chinese garments

Related Keywords: apparel, China, clothing, enterprises, export, garment, MIIT, retail, Sales, technology

China
Increasing revenue and shrinking profits for Chinese garments
Summary: 
China's garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT). In the January-July period, the combined operating revenue of major garment enterprises each

China's garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT).

In the January-July period, the combined operating revenue of major garment enterprises each with an annual operating revenue of 20 million yuan (about 2.8 million U.S. dollars) rose 2.15 percent year on year to 896.2 billion yuan, MIIT data showed.

However, profits of those enterprises shrank 3.48 percent to 46.1 billion yuan compared with a year ago during the period, said the MIIT.

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New fund helps apparel industry to invest beyond sustainability

Related Keywords: apparel, C&A Foundation, fabrics, footwear, innovation, manufacturer, mill, supply chain, sustainability, technology, Textile

United States
New fund helps apparel industry to invest beyond sustainability
Summary: 
Innovation hubs Fashion for Good and The Mills Fabrica have teamed up with the C&A Foundation to launch an investment fund that will aim to “spearhead systemic change in the apparel and footwear supply chain”. The Good Fashion Fund has launched with initial funding of $13 million, but has a target of quickly attracting new investors and raising the size of the fund to $60 million . It will be managed by specialist

Innovation hubs Fashion for Good and The Mills Fabrica have teamed up with the C&A Foundation to launch an investment fund that will aim to “spearhead systemic change in the apparel and footwear supply chain”.

The Good Fashion Fund has launched with initial funding of $13 million, but has a target of quickly attracting new investors and raising the size of the fund to $60 million . It will be managed by specialist Amsterdam-based investment firm Fount.

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H&M remarketing damaged garments

Related Keywords: apparel, brand, CO2, environment, fashion, H&M, sustainable, Textile, water, waterless

Sweden
H&M remarketing damaged garments
Summary: 
The H&M Group has partnered with The Renewal Workshop to debut a new test collection made from unsold clothes that have been repaired and brought back to market through its COS (Collection of Style) branded stores. H&M says this ‘first of its kind’ ‘Restore’ collection developed by its internal innovation department ‘The Laboratory’ will and its fashion brand COS (Collection of Style) will launch tomorrow

The H&M Group has partnered with The Renewal Workshop to debut a new test collection made from unsold clothes that have been repaired and brought back to market through its COS (Collection of Style) branded stores.

H&M says this ‘first of its kind’ ‘Restore’ collection developed by its internal innovation department ‘The Laboratory’ will and its fashion brand COS (Collection of Style) will launch tomorrow in three stores located in Berlin, Stockholm and Utrecht. The COS brand launched in 2007 and currently operates over 250 stores in more than 40 worldwide markets.

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Apparel textile sourcing Canada show wraps up in Toronto

Related Keywords: apparel, ATSC, buying, Canada, Chin, e-commerce, export, import, show, sourcing, Textile, Torronto

Canada
Apparel textile sourcing Canada show wraps up in Toronto
Summary: 
One year after the global trade wars ignited, thousands of representatives from the Canadian apparel and textile industry – from designers and brands, to retailers, e-commerce sellers, importers and buying offices – were out in full force at the fourth annual Apparel Textile Sourcing Canada (ATSC) show in Toronto last week in search of trade policy updates, future market

One year after the global trade wars ignited, thousands of representatives from the Canadian apparel and textile industry – from designers and brands, to retailers, e-commerce sellers, importers and buying offices – were out in full force at the fourth annual Apparel Textile Sourcing Canada (ATSC) show in Toronto last week in search of trade policy updates, future market directions, and new opportunities for international trade and sustainable global sourcing.

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Does MADE IN USA still matter?

Related Keywords: AAFA, America, American Apparel & Footwear Association, apparel, brand, cloathing, Collection, cotton, Cotton Incorporated, fabric, labor, manufacturing

United States
Does MADE IN USA still matter?
Summary: 
This Labor Day marks the 125th anniversary of the national holiday that celebrates and honors the American worker. For a lot of people, it’s a day that symbolizes the end of summer, marked by a trip to the beach, a barbecue, or a day of shopping sales. But it began as an observance of the nation’s labor force, and all that it produced here. For most of the apparel industry, that has all

This Labor Day marks the 125th anniversary of the national holiday that celebrates and honors the American worker. For a lot of people, it’s a day that symbolizes the end of summer, marked by a trip to the beach, a barbecue, or a day of shopping sales. But it began as an observance of the nation’s labor force, and all that it produced here.

For most of the apparel industry, that has all changed, with production taking place around the world. Perhaps that’s why the brands that still produce in the U.S. feel a sense of pride about it—and believe their customers do, too.

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Levi Strauss & Co. announces new global water action strategy

Related Keywords: apparel, fabric, innovation, Levi Strauss & Co., lifecycle, manufacturing, PaCT, research, science, supply chain, sustainability, technology, water

United States
Levi Strauss & Co. announces new global water action strategy
Summary: 
Levi Strauss & Co. (LS&Co.) today announced a new water action strategy that represents an evolution in thinking around water use in a global supply chain, particularly in areas already facing water stress, and a new way to define successful water stewardship in manufacturing. It leverages the latest water science and data, consultations with leading water experts, and the company’s own water management experience

Levi Strauss & Co. (LS&Co.) today announced a new water action strategy that represents an evolution in thinking around water use in a global supply chain, particularly in areas already facing water stress, and a new way to define successful water stewardship in manufacturing. It leverages the latest water science and data, consultations with leading water experts, and the company’s own water management experience and leadership over the past three decades to set a new standard for the company and the industry.

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New technology enhances natural cotton properties

Related Keywords: apparel, cloathing fiber, cotton, FABRICAST, fabrics, manufacturing, Nanotex, technology, yarn

United States
New technology enhances natural cotton properties
Summary: 
If anyone doubts the staying power of cotton, consider that it was used 7,000 years ago for clothing in Ancient India, according to “The History of Clothing.” Its popularity has only continued, as modern performance technology has enhanced cotton’s natural properties so brands and designers can meet consumer demand for the fiber. Nanotex, a leading provider of nanotechnology

If anyone doubts the staying power of cotton, consider that it was used 7,000 years ago for clothing in Ancient India, according to “The History of Clothing.” Its popularity has only continued, as modern performance technology has enhanced cotton’s natural properties so brands and designers can meet consumer demand for the fiber.

Nanotex, a leading provider of nanotechnology solutions for textiles, has a number of innovations that are applicable to cotton, said Kathryn Czuchra, marketing manager.

0

Apparel is going out of fashion

Related Keywords: activewear, apparel, Ascena, fashion, global, Madewell, retail, Sales

United States
Apparel is going out of fashion
Summary: 
Considering the number of apparel retailers on the ground and online, it would appear to be a winning category. But broad sales trends are not in the sector's favor. Several apparel retailers are struggling. Ascena is regrouping as sales plummet, unloading its discount banners entirely. L Brands is propped up by its personal care brand Bath & Body Works as Victoria's Secret

Considering the number of apparel retailers on the ground and online, it would appear to be a winning category. But broad sales trends are not in the sector's favor.

Several apparel retailers are struggling. Ascena is regrouping as sales plummet, unloading its discount banners entirely. L Brands is propped up by its personal care brand Bath & Body Works as Victoria's Secret loses share. J. Crew is in disarray, hobbled by debt and putting its hopes into its much smaller Madewell brand.

0

Indian textile sector suffering in international market

Related Keywords: apparel, Bangladesh, China, clothing, cotton, export, fabric, import, India, Textile, Vietnam, yarn

India
Indian textile sector suffering in international market
Summary: 
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry. Sanjay K. Jain, chairman of the Confederation, has said in a press release that the space vacated by China was largely occupied by the least developed countries, including Vietnam and Bangladesh. India has not been able to tap the opportunities

India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry.

Sanjay K. Jain, chairman of the Confederation, has said in a press release that the space vacated by China was largely occupied by the least developed countries, including Vietnam and Bangladesh. India has not been able to tap the opportunities because of its competitive disadvantages and trade barriers in the international markets.

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Readymade garment import India

Related Keywords: apparel, Bangladesh, China, exports, fabrics, fiber, Garments, Imports, manufacturing, readymade

India
Readymade garment import India
Summary: 
Apparel industrialists here expressed worry over the duty free import trade of ready made garments (RMG)from Bangladesh. China has taken undue advantage of the free trade and is selling goods to India, they said. Under the South Asian Free Trade Area (SAFTA) agreement, Bangladesh was allowed to export more than 60 products including RMG to India without any duty. The neighbouring country’s share in international RMG market is next only to China. Industrial sources

Apparel industrialists here expressed worry over the duty free import trade of ready made garments (RMG)from Bangladesh. China has taken undue advantage of the free trade and is selling goods to India, they said.

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