23 March 2022, Mumbai:

The Spring Edition of Intertextile Shanghai Apparel Fabrics will now be held alongside Autumn Edition from August 29-31, 2022 instead of its original April schedule at the National Exhibition and Convention Centre in Shanghai.

Intertextile Shanghai Apparel Fabrics is a comprehensive platform for exhibitors to showcase their supreme apparel fabrics and accessories.

ALSO READ Intertextile Shanghai Apparel Fabrics-Spring Edition 2022: Focus on the theme-‘Connected’

The event offers plenty of business opportunities to meet potential customers, explore new market opportunities, learn about next season’s trends, and add value to your business.

It is currently one of the biggest and most comprehensive apparel fabric and accessories exhibitions in the world.

RELATED NEWS The Spring Edition of Intertextile Shanghai Apparel Fabrics will be held from 9 to 11 March in 2022 at the National Exhibition and Convention Center (Shanghai)

With both the spring and autumn editions held in Shanghai, this exhibition helps overseas suppliers build stronger relationships in the region and enhance their presence in the market.

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16 March 2022, Mumbai:

The joint entry made by A&E, Colombo Municipal Council (CMC) and Triad for “Life Chant” Dengue Awareness campaign won Merit awards in four categories including ‘Nonprofit/Pro-bono/Public Service’, ‘Disease Awareness / Education Advocacy’, ‘Media Innovation’ and ‘Influencers’.

The innovative campaign focused on educating slum dwellers in Colombo that their actions such as improper waste disposal and poor water storage were resulting in the creation of dengue mosquito breeding spots.

In these poverty-stricken areas, religion takes prominence with the highest density of religious shrines present.

Educative chants on dengue mosquito breeding were written, recorded and recited by monks.

ALSO READ: ITMF Awards 2022 Extension of Deadline until April 30th, 2022

These chants were aired during morning and evening pirith through loudspeakers in temples and shrines situated in the heart of the slums spreading the message to the entire community.

Monks also visited the slums and educated people on dengue breeding tied special ‘Life Thread’ (pirith nool) that was infused with citronella oil and with the pattern of the unique marking of the dengue mosquito is a reminder to clean breeding spots.

The campaign resulted in over 300 homes being cleared of dengue breeding spots, 1.9 million people reached through shrines and radio, and 92% recall of dengue breeding spots.

Commenting on their involvement and the win, Sanjay Chandraratna – Director Sales & Marketing, A&E Lanka (Pvt) Ltd, stated, “We are proud to have made such an impact with our ‘Life Chant’ campaign by taking home as many as 4 Merit awards.

RELATED ARTICLE TED SHEELY AWARDED 2021 COTTON GROW COTTON ACHIEVEMENT AWARD

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CREDITS: Lanka Image (The news article has not been edited by DFU Publications staff).

10 March 2022, Mumbai:

Riding on the momentum of a successful switch to an annual event last year, Cinte Techtextil China will take place from 6 – 8 September 2022 at the Shanghai New International Expo Centre to provide a more frequent platform for industry players to gather.

As the daughter show of Techtextil in Germany, Cinte Techtextil China’s product categories comprehensively span the full range of potential uses of modern technical textiles and nonwovens, providing tailor-made solutions for the entire industry.

ALSO READ: Showcasing the limitless nonwovens possibilities at Cinte Techtextil China 2022

A business and networking hub Cinte Techtextil China wrapped up its 2021 edition with 366 exhibitors showcasing their innovations across a 26,000 sqm of exhibition space, whilst over 14,868 visits were recorded.

The fair offered the perfect platform for face-to-face information exchange and networking amongst industry leaders of technical textiles and nonwovens.

RELATED ARTICLE Flocus TM kapok nonwovens and fabrics, the ecoresponsible innovation for the leather goods and footwear industry

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23 March 2022, Mumbai:

According to the most recent OTEXA statistics, US apparel imports from Ethiopia were US $ 42.76 million in January 2022. During the first month of 2022, the African country's garment exports to the United States increased by 97.70 percent.

Cotton apparels provided US $ 27.04 million to the entire shipment, representing 95.18 percent year-over-year increase, while MMF apparels contributed US $ 15.06 million, representing 100.57 percent yearly growth.

Kidswear was the most popular product category imported by US customers from Ethiopia in January 2022, with a value of US $ 8.04 million, representing a 64.39 percent yearly increase. Women's slacks were the second most popular product category, with imports worth US $ 6.64 million. Imports of slacks increased by 145.45% on a yearly basis. 

ALSO READ NCTO Welcomes Appointment of Jennifer Knight as Deputy Assistant Secretary for Textiles, Consumer Goods and Materials at the U.S. Department of Commerce

Another product that reached the US $ 6 million mark in terms of export value from Ethiopia to the United States was men's cotton trousers, which grew at a rate of 166.08 percent per year.

RELATED NEWS China’S RMG imports from Bangladesh drop due to duty barriers

It's worth noting that, despite the United States' suspension of Ethiopia's access to AGOA benefits in November, Ethiopian exports have continued to climb. The African country ended 2021 with garment exports of US $ 260.73 million to its single top export destination, the United States, up 18% year on year.

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CREDITS:  Apparel Resources.

15 March 2022, Mumbai:

The Worldwide Responsible Accredited Production (WRAP) and BGMEA have renewed their longstanding partnership for another year under a newly revitalised memorandum of understanding (MoU).

ALSO READ BGMEA: BAAFA Exec Summit participation to boost Bangladesh’s RMG

The MoU was signed by Avedis Seferian, president and CEO of WRAP, and Faruque Hassan, president of BGMEA, on behalf of their respective sides at WRAP's headquarters in Arlington, Virginia, USA on Friday (11 March).

BGMEA Directors Abdullah Hil Rakib and Barrister Vidiya Amrit Khan, and Chairman of BGMEA Standing Committee on Foreign Mission Cell Shams Mahmud were present on the occasion.

RELATED ARTICLE BGMEA: Bangladesh & India has enormous scope to complement each other

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CREDITS: BGMEA & Business Standard (The news article has not been edited by DFU Publications staff).

22 March 2022, Mumbai:

Sycamore Partners, an American private equity group, is interested in purchasing Ted Baker, a British apparel company.

Sycamore Partners claimed in a statement to the press that it is in the early stages of exploring making a cash bid for the apparel business.

However, the US retail investor must indicate whether it intends to make a solid bid or walk away by April 15th (5 p.m.).

ALSO READ Technocian Fashions to acquire s.Oliver Group’s Garments India Private Limited (“S.O.T. Garments India”) via share purchase agreement

Meanwhile, under the leadership of Rachel Osborne, Ted Baker is in the midst of a three-year recovery plan.

RELATED NEWS Venture Intelligence report: Investments by PE-VCs registers grow in Jan 2022

The goal is to improve the company's image and profitability after some recent setbacks, which included the departure of founder Ray Kelvin.

The fashion firm recently had a 35 percent increase in Q4 sales, which was 18 percent higher than Q3 sales.

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CREDITS: Retail Week & Apparel Resources.

11 March 2022, Mumbai:

A delegation of BGMEA led by President Faruque Hassan has joined the Executive Summit of American Apparel & Footwear Association (AAFA) being held in Washington DC in the US to represent the apparel industry of Bangladesh.

They also showcased RMG success stories and potential among international brands and buyers reads a press release.

The delegation comprised Vice President Miran Ali, Directors Abdullah Hil Rakib and Barrister Vidiya Amrit Khan, and Chairman of BGMEA Standing Committee on Foreign Mission Cell Shams Mahmud.

The AAFA Executive Summit 2022 brought together senior-level executives from retail, apparel, footwear, and fashion accessory brands from the US and the globe for two days of thought-provoking dialogue, said a press release on Friday.

ALSO READ BGMEA: Bangladesh & India has enormous scope to complement each other

On the sideline of the event, the BGMEA leaders met with senior representatives of leading apparel brands including Halide Alagöz, Executive Vice President, Chief Supply Chain and Sustainability Officer at Ralph Lauren Corp, Christopher J Volpe, Chief Operating Officer/Chief Financial Officer at United Legwear and Apparel Co and Chris Gleeson, Director, Global Marketing, YKK (USA) Inc on 10 March.

During the meetings, BGMEA President Faruque Hassan apprised them of the paradigm shift of Bangladesh's garment industry in the area of workplace safety and exemplary strides in environmental sustainability.

He also shed light on the industry's commitment and continued efforts to remain as a preferred choice of global apparel brands as a safe, ethical and sustainable sourcing destination.

RELATED ARTICLE BGMEA x UNI Global Union to tie-up

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CREDITS: TBS News.

11 March 2022, Mumbai:

The Dutch Agreement on Sustainable Garments and Textile has drawn up an extensive document that helps companies in the sector step by step to engage in international responsible business conduct (RBC).

The document also contains links to resources, practical examples of companies and explanations of terms. This makes it also very useful for companies from other sectors to get started with international RBC.

The document helps companies prepare for upcoming RBC legislation.

ALSO READ: As Sustainability Concerns Increase: Organic Apparels Acceptance Grows

The so-called 'Practical guide for companies on IRBC and OECD due diligence' formed the basis for the annual assessment of participating companies in the Dutch Agreement on Sustainable Garments and Textile that recently expired.

This framework -assessed positively by the OECD- implements the OECD Guidelines for due diligence in a practical way through an extensive questionnaire.

This means that companies identify, prevent, and mitigate potential risks in their supply chain, and account for how they deal with them.

The framework makes clear what a company should tackle first, why it is relevant, which tools are helpful and which organizations can help.

Prepared for legislation

The European Union presented a proposal on due diligence legislation two weeks ago and a proposal on the Corporate Social Responsibility Directive (CSRD) last year.

The assessment framework helps companies to prepare for this.

RELATED ARTICLE Coats: Sustainability Report 2021

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05 March 2022, Mumbai:

Target, the well-known American retailer, just posted its 19th consecutive quarter of growth, thanks to an impressive 8.1 percent increase in traffic in the fourth quarter. The retailer's fourth-quarter comps increased by an amazing 8.9%, following a year-over-year increase of nearly 20%.

On a comparable traffic increase of 12.3 percent, comps increased by 12.7 percent for the year, adding to the previous year's gain of 19.3 percent.

Despite supply chain and freight expenses apparently cutting into the retailer's margin, the US retail behemoth saw its operating income climb by 36.8% to the US $ 8.9 billion for the full year. 

ALSO READ: Hermès reports results

Target's CEO, Brian Cornell, has credited the company's success to customers as well as investments made in the company's shops and digital capabilities - a move that was met with skepticism when it originally began five years ago.

According to reports, Target's actual shops also serve as fulfillment centers, with 95 percent of its fourth-quarter sales being completed in some fashion by the company's locations.

Target is the United States' ninth-largest retailer, with sales of $ 99.6 billion in 2021.

RELATED ARTICLE Gap Inc. Reports Q4 FY21 Results

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CREDITS:cnbc.com & Apparel Resources.