16 February 2022, Mumbai:

Annual Sewn Products Reshoring Award Announced SEAMS & The Reshoring Initiative announce Annual Reshoring Award at MAGIC.

SEAMS and The Reshoring Initiative participated in the “Made in USA/Reshoring” panel today at the Sourcing at MAGIC event in Las Vegas.

The panel discussion was focused on steps companies can take to increase their efforts with reshoring production for Made in the USA. Harry Moser, President of The Reshoring Initiative and Will Duncan, Executive Director from SEAMS participated in the panel.

During the session, Moser and Duncan announced the open nominations for the third Annual Sewn Products Reshoring Award.

ALSO READ: Sourcing at MAGIC: SPRING 2022 EVENT SPOTLIGHT: MADE IN USA

This prestigious award is open to all companies that have successfully reshored the sewing of any product to the U.S., accelerating the Made in America movement.

“This was the perfect forum to announce this annual award with the participation in a panel aligned to our collaboration in moving production to the USA and the audience attending Sourcing at MAGIC in Las Vegas”, stated Duncan.

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14 February 2022, Mumbai:

For the second straight year – Bangladesh bragged the top denim apparel exporter to the USA market. In 2021, Bangladesh exported $798.42 million worth of denim garments to its biggest export destination, observing an eye-boggling 42.25% Y-o-Y growth.

While in 2020, the country exported $561.29 million worth of denim garments to the USA market. As per the latest OTEXA data, the USA imported $3.68 billion in 2021. Which is a 31.36% increase over 2020.

Among which, Bangladesh’s RMG share has holds 21.70 percent in 2021. Among other top denim exporting countries to the USA – Mexico $654.87 million worth denim in the USA, growing by 39.60% on a Y-o-Y basis, while Vietnam export valued at $402.29 million in 2021.

ALSO READ: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan: Bangladesh’s garment export to India will continue to grow

On the other hand, Pakistan exported $389.76 million worth of denim, noticing a 54.80% growth compared to the previous year. While China exported $387.91 million worth of denim apparel to the USA in 2021.

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*Figures mentioned in the above article have been sourced from Textile Today article.

11 February 2022, Mumbai:

ABOUT PURE LONDON

Pure London is so much more than a fashion trade show. We bring together the brightest minds in the industry twice a year to showcase the best of the season’s collections, discover the latest trends, get exclusive business insight and make all-important international connections.

Pure London provides a global platform for womenswear, accessories and footwear brands and designers to meet with buyers that matter the most to their business.

Exclusive to July 2022 is the new dedicated focussed area Pure Jewel in partnership with the NAJ which acknowledges the need for jewellers, designers, jewellery brands, loose gems, and jewellery manufacturers to connect within the wonderful surroundings of Olympia in West London.

ALSO READ: MAGIC Las Vegas 2022

Join the next edition as this fair arrives back at the iconic Kensington Olympia in London, 17-19 July 2022.

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*Figures mentioned in the above article have been sourced from Pure London article.

16 February 2022, Mumbai:

Alan Derryman, a beef and sheep farmer from Sidbury in East Devon has been elected as British Wool’s English South Western regional Board Member for a three-year term, beginning on 1 April.

As well as farming 900 New Zealand Romney ewes and 80 Stabiliser suckler cows, Alan has spent 25 years as a shearing contractor covering Devon and West Dorset as well as spending time shearing in New Zealand and Australia.

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Alan is also the senior shearing instructor for Southern England, a role he has held for 30 years and a past Chairman of the National Sheep Association in the South West.

On notification of the election results, Alan said: “I am delighted to have been elected Board Member for the English South Western Region and would like to thank all those that voted for me.

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14 February 2022, Mumbai:

Bangladesh is back to being the world’s second-largest apparel exporter. Latest Export Promotion Bureau (EPB) statistics show Bangladesh’s apparel exports surged 30.30 per cent to $23.99 billion from July to January 2021-22.

Knitwear exports surged 32.89 per cent to $13.27 billion. On the other hand, export of woven garments surged 27.23 per cent to $10.71 billion.

In 2021, Bangladesh’s apparel export earnings grew 30.36 per cent to $35.81 billion. The country’s earnings from apparel exports surpassed Vietnam’s export earnings of $32.75 billion, reveals the General Statistics Office.

The surge in apparel export earnings was dominated by knitwear exports that rose 37.72 per cent to $19.59 billion compared to $14.22 billion in the same period last year. During the year, Bangladesh’s exports of woven products also surged 22.46 per cent to $16.21 billion, says Faruque Hassan, President, BGMEA.

Lower prices, on-time delivery boost orders

In January 2021, Bangladesh’s apparel export earnings grew 42.71 per cent to $4.08 billion, says a Textile Today report. This was the highest ever single month apparel exports achieved by the country.

Exports of both knitwear and woven garments grew 40 per cent year-over-year. Despite, pandemic related challenges, exporters showed tremendous resilience and efforts to boost business. One reason, Bangladesh managed to increase exports in 2021 was the ability of manufacturers to keep factories operational during the year.

Also, exporters accepted orders at lower prices and shipped them on time, adds Hassan.

ALSO READ: BGMEA president, Bangladesh Apparel Exports Expected to hit $50 billion

Exporters also upgraded their technology, production capacity and product quality, which helped gain more orders, Hassan explains. Their commitment to execute bulk orders encouraged many buyers to relocate purchases to Bangladesh.

Chinese investment crucial to sustain growth

Exporters currently have enough work orders to retain their second position in the global apparel market, adds Shahiduallah Azim, Vice-President, BGMEA.

He hopes Bangladesh apparel industry reaches new heights in the next five years. However, to achieve this, Bangladesh needs to attract Chinese investment as well as buyers relocating their purchase destinations, he feels. They need to veer Chinese investors away from Vietnam and Myanmar.

Cautious planning, skill development needed

Azim believes, the recent leap in Bangladesh’s garment exports may not last and advises exporters to be cautious while planning capacity and expansion. Exporters should also make a qualitative shift in their business through diversification, innovation, design, technology up-gradation and capacity building.

They should encourage more skill development amongst workers and professionals and negotiate prices cautiously, he adds. Maintaining safety and sustainability will also help exporters maintain and improve current production standards, he sums up.

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10 February 2022, Mumbai:

Riri Group presents its new collection: three dynamic and appealing lines that come together to create a unique result, perfectly expressing the multiple essences of this one-stop, comprehensive hub dedicated to luxury accessories.

For over 80 years Riri Group has established itself as the leading point of reference for the creation of details of style providing high-end fashion brands with top quality accessories – which now include zippers, buttons, metal components and fashion jewels –, by creating each new collection with constant innovation, always in pursuit of excellence.

This year Première Vision Paris (08 – 10 February) will be once more the perfect stage to show off the result of Riri’s commitment and ambition: the new Spring/Summer 2023 line, bringing originality and creativity not only to products, but also to the choice of materials, colours and trends.

ALSO READ: Copenhagen Fashion Week AW22

SOUL COMFORT

Off-the-grid essentials between relaxation and style Sparked from the contemporary need to balance happiness and security, while enriched by an aesthetic and provocative approach, this line embodies all the value and potential of a sustainability- oriented communication for each and every product, as pieces feature the relevant information on the zip tape and on the button application support.

OUTDOOR EXPRESSION

To always stand out

WISE EXCLUSIVITY

Smart and sustainable luxury

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15 February 2022, Mumbai:

National Council of Textile Organizations (NCTO) President and CEO Kim Glas, representing the full spectrum of U.S. textiles from fiber through finished sewn products, issued a statement today welcoming the appointment of Jennifer Knight as Deputy Assistant Secretary for Textiles, Consumer Goods and Materials at the U.S. Department of Commerce.

Knight will oversee the Office of Textiles and Apparel (OTEXA), the Office of Materials Industries and the Office of Consumer Goods within the International Trade Administration’s Industry and Analysis unit.

Statement from NCTO President and CEO Kim Glas: We applaud the Biden administration for appointing Jennifer Knight to serve as the Deputy Assistant Secretary for Textiles, Consumer Goods and Materials.

Jennifer’s extensive and successful career in U.S. textile manufacturing, as well as her experience in setting up international operations in regions such as Central America, is an enormous asset as she takes on this critical role.

ALSO READ:  NCTO Welcomes House Passage of America COMPETES Act; Helps Close De Minimis Loophole

As onshoring and nearshoring efforts gain momentum amidst the global supply chain crisis, Jennifer’s appointment could not have come at a more pivotal time. We couldn’t be more delighted with her appointment and strong familiarity with our sector and beyond.

Jennifer will be a strong advocate for American workers and industries, and we look forward to working with her on the U.S. textile industry’s top priorities in the months and years ahead.

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12 February 2022, Mumbai:

Much has been said of the potential economic costs to Sri Lanka, of losing the Generalised Scheme of Preferences (GSP) Plus trade concessions to the European Union (EU).

While these costs will be high, the social and human costs are likely to be even greater. Considering official statistics for 2021, available up to end November, the EU was Sri Lanka’s single largest export market for 2021, accounting for nearly a quarter (24.1%) of the latter’s total merchandise exports of US$ 11.1 billion.

Given the EU’s importance to Sri Lanka, the loss of preferential tariffs for Sri Lanka’s exports to the EU through GSP+ previously, in 2010, had a substantial adverse impact on the Sri Lankan economy. This likely led to an increase in poverty and income inequality as per academic studies (for example, Bandara and Naranpanawa, 2014).

At present, given the ramifications of the pandemic, the consequences of the loss of GSP+ could be far more dire, leading to increase in unemployment, poverty, vulnerability and inequality, as well as loss of improvements achieved in female empowerment.

According to the World Bank’s estimates, Sri Lanka’s poverty rate rose from 9.2% in 2019 to 11.7% in 2020, putting more than 500,000 additional people in poverty.

Currently, SMEs account for approximately 45% or nearly half of Sri Lanka apparel manufacturing facilities and provide employment to around 50,000 employees.

Many apparel manufacturing facilities in Sri Lanka are located outside urban areas and industrial zones and are crucial in generating rural employment.

SMEs are particularly vital in this regard since due to their relatively smaller scale, which requires less workers, a high percentage of these factories are located in less-populated and lagging regions.

Many other sectors in Sri Lanka rely on the apparel industry, given its heavy presence across the island.

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These include logistics and transport providers, raw material suppliers as well as small-scale businesses providing food and refreshments.

In addition, several cottage industries, such as producers of carpets and pillow covers, depend on apparel factories in their neighbourhoods for raw material (in the form of waste fabric).

If the industry is to suffer a downturn due to loss of GSP+, this entire economic ecosystem too will suffer adverse trickle-down effects.

Given the pandemic’s unprecedented impact, GSP+ to the EU is critical for Sri Lanka and its export sectors at present.

Contributed By:

(Felix A. Fernando who is the CEO of Alpha Apparels Ltd. and Sirio Ltd., and a Group Director of Omega Line, which ranks among Sri Lanka’s five largest apparel exporters. He holds a MBA from the Post Graduate Institute of Management (USJ), in addition to being a Fellow Member of the Chartered Institute of Management Accountants, U.K. Fernando is also the Deputy Chairman of the Joint Apparel Association Forum Sri Lanka and a Past Chairman of the Sri Lanka Apparel Exporters’ Association.)

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10 February 2022, Mumbai:

The official US clothing import statistics is out, and it shows that, as expected, the country's import value increased dramatically in 2021 compared to 2020.

According to OTEXA, the United States imported US $ 81.59 billion worth of apparels in 2021, up 27.36 percent year on year, compared to US $ 64.06 billion in 2020.

In terms of volume, garment imports increased by 27.42 percent from 23,128.83 million SME in 2020 to 29,471.79 million SME in 2021. Imports were US $ 7.30 billion in December of this year, up over 51% year on year.

According to the most recent US Census Bureau data, official clothing retail sales in the United States hit US $ 198 billion in 2021. The research shows a 47 percent year-over-year increase in 2021 over 2020 and a 1.50 percent increase over 2019.

The increase in US apparel imports can be attributed to the return to normalcy that the consumer market experienced in 2021, particularly in the second half, as consumers did not refrain from spending money on clothing products during the holiday season, despite the fact that the market had been dry for nearly two years due to the pandemic.

ALSO READ: In November of this year, the United States set a new record for garment imports, with a total value of $7.38 billion dollars

Despite a significant increase in 2021, import values were below par and were unable to beat the statistics from 2019, when the United States imported US $ 83.70 billion in clothes.

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*Figures mentioned in the above article have been sourced from Apparel Resources article. 

15 February 2022, Mumbai:

Ted Schneider, a Lake Providence, La., producer, was elected NCC chairman for 2022 during the organization’s annual meeting in Houston, Texas.

Ted Schneider, a Lake Providence, La., producer, was elected National Cotton Council chairman for 2022 during the organization’s annual meeting in Houston, Texas. Shawn Holladay, a Lubbock producer, was elected to the position of vice-chairman for 2022.

Before serving as the NCC’s vice chairman in 2020 and 2021, Schneider was an NCC director. He has served on and led multiple NCC committees.

ALSO READ: Supima cotton imports from the United States increased in 2021

He previously chaired the NCC's Committee for the Advancement of Cotton and currently chairs its Sustainability Task Force and Budget Committee.

In 2018 and 2019, Schneider served as president of the NCC’s export promotions arm, Cotton Council International.

He has been an active leader in the NCC's American Cotton Producers, is a past board member of Cotton Incorporated and is board chairman of the U.S. Cotton Trust Protocol. He also is a past president of the Louisiana Cotton and Grain Association.

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12 February 2022, Mumbai:

Today, Burberry unveils an immersive Spring/Summer 2022 experience at its flagship store on Rodeo Drive, Beverly Hills.

A celebration of the freedom of imagination, the transformational takeover creates a journey through spaces that are unique and unexpected in their sound, texture, and experience.

The takeover is based on Chief Creative Officer Riccardo Tisci’s presentation ‘Animal Instinct’, inspired by the idea of shifting between infinite possibilities of fantasies and realities.

ALSO READ: adidas Supervisory Board extends appointments of Roland Auschel and Brian Grevy

The exterior facade of the building is enveloped by a kaleidoscopic abstract print, evoking forms of camouflage in bubble gum pink, black, and white – a reference to the vivid, curved prints that feature in the womenswear and menswear collections.

A sculptural topography glistens through the window displays as a backdrop to runway looks, evoking fantasy.

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09 February 2022, Mumbai:

MAGIC Las Vegas is recognized as the world's largest fashion marketplace and the most important apparel event in the US.

Held each February and August in Las Vegas, MAGIC fashion marketplace (sometimes referred to as the "Apparel Trade Show Las Vegas") showcases women's, men's and children's apparel, footwear, accessories, and manufacturing resources from around the world.

Held at the Las Vegas Convention Center, MAGIC trade show Las Vegas 2022 will be the most comprehensive destination for fashion buyers and brands to gather and see the latest the apparel industry has to offer.

Shop over 2,600 brands from 45+ countries and find the latest in women's, men's and children's apparel, footwear, accessories, and manufacturing at MAGIC Las Vegas, PROJECT Las Vegas, and SOURCING at MAGIC.

MAGIC also offers you the opportuity to expand your knowledge by takinng part in over 50 free seminars and panels led by the industry experts.

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*Figures mentioned in the above article have been sourced from MAGIC Las Vegas article.