Textile and garment machinery imports declined by 11% to $1.42 billion in the last fiscal year, thanks to stagnation in investment.According to Bangladesh Bank (BB) data, in the fiscal year 2018-19, Bangladesh’s imports of textile and garment machinery have registered an 11.04% decline of $1.42 billion, which was $1.60 billion the in the previous year.Figure: A rise in production cost, lack of new investment and expansion of the existing businesses are the main reasons behind the downward trend.

Ashraful Islam, Research Assitant, Textile FocusBangladesh and Vietnam have been the largest garments exporters to the world in the past decade after China. And the competition between Bangladesh and Vietnam is becoming intense day by day as both countries have been registering steady export growth and working relentlessly towards sustainability practices. The unprecedented growth of the two countries as a garment exporter is an aftermath of ‘China Plus One’ policy taken by the big brands operat

Bigger than ever before, Gartex Texprocess India witnessed intense networking as it brought together 180 exhibitors from four countries and 10,390 trade professionals from 290 cities and six countries under one roof this month. Multiple zones and focused business segments on the show floor ensured that the fourth edition brought together stakeholders of textiles and garment industry for cross-sector, creative and collaborative interactions.Gartex Texprocess proved to be strong for the sector as

Stating that declining exports oftextiles, particularly yarn and fabric, is a matter of deep concern, The Cotton Textiles Export Promotion Council (Texprocil) has said that spinning and weaving sectors need urgent policy support. Extension of ROSCTL to cotton yarn and fabric, and 3 per cent Interest Equalisation to cotton yarn would be helpful.Cottonexports continued their downward spiral declining by 24.5 per cent during April-July 2019. The provisional data for the first three weeks of August

World-renowned denim brand Guess invited the Los Angeles community to celebrate the launch of Guess Sport in Los Angeles with a two-day event at the brand’s downtown L.A. headquarters. According to a press release from the brand, the lot was transformed into an immersive, experiential playground to launch a capsule collection from Guess Sport.The new collection showcases graphics and designs from the Guess archives and includes pieces for both men and women. Ranging from 40 USD to 110 USD, the c

India’s Directorate of Revenue Intelligence (DRI) has issued an alert over garments being imported via Bangladesh from other countries to take advantage of duty concessions offered under a free-trade agreement (FTA). DRI has asked the customs department to carefully check the origin certificates that Bangladeshbodies issue for such consignments.Pic: ShutterstockThe move follows a DRI show-cause notice in early August to Future Enterprises on 83 garment consignments, allegedly imported from other

Inditex starts closing the loop. Zara, the biggest chain of the Spanish giant by revenue, has launched its first line Denim from Denim, of garments created from the cotton extracted from other used jeans.The company stated that they recycled old garments to subtract cotton and reuse it to create new items. It’s the first collection of the brand using denim waste.The company explains that its working with NGO’s to the collection of this items and the creation of a system that allows them to conti

What is organza?Organza fabric is multifunctional and it has been making fashion world so fascinating, ever since designers use it to associate with fashion or couture.Organza is a type of lightweight plain weave fabric. This type of fabric is sheer, which means that it is woven in an extremely low density that results in a transparent and relatively flimsy textile. Due to its transparency and high breathability, organza fabric is commonly used to make garments that overlay thicker types of appa

Many people from different streams of business or politics tend to ignore the importance of a sustainable world. Most of the brands are yet to act to the extent it to promote more awareness supporting sustainable initiatives widely.Thus, the consumers are confused, however, recently few strong movements and observations from different walk of society are sending a clear message to the world.The Swedish Fashion Council has canceledto focus on launching a more sustainable alternative. It was suppo

The next generation of waterproof smart fabrics can be laser printed and made in minutes. Scientists from RMIT University have developed a cost-efficient and scaleable method for rapidly fabricating textiles that are embedded with energy storage devices. In just three minutes, the method can produce a 10x10cm smart textile patch that’s waterproof, stretchable and readily integrated with energy harvesting technologies.The new technology can produce a 10x10cm smart textile patch in just three minu