India to benefit from the imposition of US duties on Chinese imports

Related Keywords: China, cotton, export, home-textile, India, retail, Textile, trade, US

India
India to benefit from the imposition of US duties on Chinese imports
Summary: 
The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued. Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels

The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued.

Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels and sheets.

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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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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.

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Ridgecut Toughwear launched by Tractor Supply

Related Keywords: apparel, clothing, coats, fabric, retail, supply chain, Tractor Supply Co., workwear

United States
Ridgecut Toughwear launched by Tractor Supply
Summary: 
Tractor Supply Co., a rural lifestyle retailer based in the United States, announced today the launch of a new exclusive apparel line, Ridgecut Toughwear. Ridgecut features workwear apparel and insulated outerwear created especially for people who regularly put their clothing through conditions that go beyond normal wear and tear. Available only at Tractor Supply, the apparel line features durable fabric and wear-resistant

Tractor Supply Co., a rural lifestyle retailer based in the United States, announced today the launch of a new exclusive apparel line, Ridgecut Toughwear. Ridgecut features workwear apparel and insulated outerwear created especially for people who regularly put their clothing through conditions that go beyond normal wear and tear. Available only at Tractor Supply, the apparel line features durable fabric and wear-resistant technology that is unparalleled in the marketplace.

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Gap Inc. signs renewable energy agreement with Enel Green Power

Related Keywords: apparel, climate, Enel Green Power, footprint, Gap Inc, global, retail, supply chain, sustainability

United States
Gap Inc. signs renewable energy agreement with Enel Green Power
Summary: 
Global apparel retailer Gap Inc. today announced that it has signed a 90 Megawatt (MW) virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of the largest offsite renewable energy contracts by an apparel retailer. The 12-year agreement is Gap Inc.’s latest renewable energy deal and will enable the company to reach its 2020 goal to reduce absolute

Global apparel retailer Gap Inc. today announced that it has signed a 90 Megawatt (MW) virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of the largest offsite renewable energy contracts by an apparel retailer. The 12-year agreement is Gap Inc.’s latest renewable energy deal and will enable the company to reach its 2020 goal to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions for its owned and operated facilities by 50 percent compared to 2015.

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Apparel maker IKAR elevates products with AR

Related Keywords: apparel, AR, Augmented Reality, CGTrader, fashion, Garments, IKAR, manufacturer, retail

Isreal
Apparel maker IKAR elevates products with AR
Summary: 
Here’s a technology to offer an enhanced product visualisation! And IKAR is initiating efforts to make this happen. The Israel-based designer and manufacturer of seamless garment, has collaborated with CGTrader, one of the world’s largest sources of licensable stock and custom 3D models, to transform the traditional 2D visualisation of products to 3D and Augmented

Here’s a technology to offer an enhanced product visualisation! And IKAR is initiating efforts to make this happen.

The Israel-based designer and manufacturer of seamless garment, has collaborated with CGTrader, one of the world’s largest sources of licensable stock and custom 3D models, to transform the traditional 2D visualisation of products to 3D and Augmented Reality (AR) visualisation for its intimate and activewear lines.

IKAR enhances product
Image Courtesy: www.cgtrader.com

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Online shopping to account 53% of retail sales by 2028

Related Keywords: 53 percent, artificial intelligence, Ecommerce, Generation Z, online, research, retail, Sales, technology, United Kingdom

United Kingdom
Online shopping to account 53% of retail sales by 2028
Summary: 
Ecommerce in the United Kingdom will account for 53 percent of the country’s total retail sales by 2028. Factors powering this online growth are the fact Generation Z and Millennials will be half of the adult population in ten years, faster, cheaper and in-home delivery and fewer physical stores. Currently, ecommerce in the United Kingdom accounts for 19.2 percent

Ecommerce in the United Kingdom will account for 53 percent of the country’s total retail sales by 2028. Factors powering this online growth are the fact Generation Z and Millennials will be half of the adult population in ten years, faster, cheaper and in-home delivery and fewer physical stores.

Currently, ecommerce in the United Kingdom accounts for 19.2 percent of total retail sales. It’s expected to grow to 33.8 percent by 2024 and even to 53 percent by 2028.
‘Online drives majority of retail within next 10 years’

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Costco sells $7 billion of apparel each year

Related Keywords: apparel, brand, clothing, Costco, jeans, retail, Sales, shirts, Textiles

United States
Costco sells $7 billion of apparel each year
Summary: 
Kelly Davis has started doing something she once considered unthinkable: buying clothes at Costco. The 31-year-old had long resisted the warehouse chain’s clothing aisle; it just felt weird buying dresses and shirts at the same place she bought groceries. Plus, she said, “It’s where my mom shops." But eventually, a pair of Jessica Simpson jeans — light blue

Kelly Davis has started doing something she once considered unthinkable: buying clothes at Costco.

The 31-year-old had long resisted the warehouse chain’s clothing aisle; it just felt weird buying dresses and shirts at the same place she bought groceries. Plus, she said, “It’s where my mom shops."

But eventually, a pair of Jessica Simpson jeans — light blue, distressed, with holes — for only $13 did her in.

“Costco has really stepped up its game,” said Davis, who lives near Dallas. “The clothes are actually stylish. It’s not just old mom stuff anymore.”

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Tata retail planning to be the Indian Zara at lower rates

Related Keywords: apparel, fast fashion, Inditex, retail, supply chain, Tata Group, Trent, WEF, Zara

India
Tata retail planning to be the Indian Zara at lower rates
Summary: 
Trent views trendiness as its main advantage over these competitors. To that end, it’s working to make its fast fashion supply chain even faster, said Tata. For nearly a decade, Tata Group has been Inditex SA’s partner running Zara stores in India. Now, the country’s largest conglomerate is building its own apparel empire as trend-focused as Zara

Trent views trendiness as its main advantage over these competitors. To that end, it’s working to make its fast fashion supply chain even faster, said Tata.

For nearly a decade, Tata Group has been Inditex SA’s partner running Zara stores in India. Now, the country’s largest conglomerate is building its own apparel empire as trend-focused as Zara — but at half the price.

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Clothing sales are up, but the lifespan of clothes is shorter

Related Keywords: clothing, fashion, fast fashion, Forever 21, H&M, retail, Textiles, Urban Outfitters

United States
Clothing sales are up, but the lifespan of clothes is shorter
Summary: 
People are buying more clothing today than they did 15 years ago. But they’re only wearing it half as long.That means clothing production and sales are both on the rise, and so is the amount of clothing in landfills. In such a climate, “fast-fashion” companies, like Forever 21 and Zaful, are growing, said Karen Leonas, a professor in the Wilson College of Textiles at N.C. State University. And thrift stores and secondhand clothing sales are growing even faster, at 24 times the

People are buying more clothing today than they did 15 years ago.

But they’re only wearing it half as long.

That means clothing production and sales are both on the rise, and so is the amount of clothing in landfills.

In such a climate, “fast-fashion” companies, like Forever 21 and Zaful, are growing, said Karen Leonas, a professor in the Wilson College of Textiles at N.C. State University. And thrift stores and secondhand clothing sales are growing even faster, at 24 times the rate of other retail.

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