Cut-make-produce (CMP) industries in Myanmar have imported raw materials worth over $885 million during the first three and a half months of the current fiscal, which started on October 1 last year. The figure is up by over $187 million compared to the figure of $698.413 million during the same period last year, according to the country’s commerce ministry. During the first three months of the current fiscal, export earnings from the CMP garment industry amounted to over $1 billion, accordin

Amazon recently launched Project Zero, a program to empower brands to help drive counterfeits to zero by combining the company’s advanced technology, machine learning and innovation with the sophisticated knowledge that brands have of their own intellectual property and how best to detect counterfeits of their products. This will be done using three tools. Pic: Amazon The tolls are automated protections, self-service counterfeit removal tool and product serialization, according to the compa

Grasim Industries Limited has signed a definitive agreement, to acquire 100 per cent equity shareholding of Soktas India Private Limited (SIPL) for an enterprise value of ₹165 crore, subject to net debt and working capital adjustments, as of the closing date. The transaction will be funded by the company primarily out of internal accruals. Pic: Skotas India Private LimitedSIPL is currently a wholly-owned subsidiary of Söktas Tekstil Sanayi ve Ticaret AS, a well-known producer and market

Farfetch, global technology platform for the luxury fashion industry and JD.com, China’s largest retailer, are expanding their strategic partnership with a view to provide the ‘Premier Luxury Gateway to China’ for luxury brands. Under the deal, Toplife will merge into Farfetch China. In addition, Farfetch will gain a ‘Level 1’ entry point on the JD.com app. Pic: Farfetch The deal will provide JD.com’s 300 million customers with instant access to more than 3,000 brands via Farfetch’s network

Millennials’ desire for comfort, Boomers’ spending power, and their common interest in pure-play e-commerce retailers are causing key areas of growth in the $7.2 billion bra category, according to the NPD Group. Making the largest share of the US women’s intimate apparel market, Millennials captured more than a third of dollar sales in both 2017 and 2018. Pic: NPDSales among Baby Boomers accounted for 17 per cent of the intimate market, but showed the most growth of all generations, up 6 per

UNECE, along with the ITC, the European Commission, ILO and partners from the private sector, civil society and academia, is charting out a Decent Work and Transparency and Traceability Tool, to help the garment sector make risk-informed decisions and operate along a set of internationally agreed practices, increasing transparency vis a vis final consumers. Pic: UNECE This will include a policy recommendation, to enable governments to advance the necessary policy approaches, and a comprehen

Archroma, a global leader in colour and specialty chemicals, has announced that the production of its new aniline-free Denisol Pure Indigo has been accelerated due to the high demand encountered on the market. Archroma has three businesses, brand & performance textile specialties, packaging & paper specialties, and coatings, adhesives & sealants. Pic: Archroma Aniline-free Denisol Pure Indigo 30 liquid was first announced in May 2018 at the Planet Textile Conference held in Cana

Chemical group Solvay has joined forces with Austria-based Lenzing to create an innovative fabric made of Tencel branded lyocell and Amni Soul Eco polyamide. This newly developed fabric has marked a further and important step forward in the pursuit of an ever more responsible innovation, offering performance, durability and comfort all at once. "There is a major need for sustainability, these days, especially in the fashion industry. It is an ongoing process that has to start from the very be

GTI Holdings Ltd, an investment holding company engaged in business of textile, financial and petroleum, has entered into a memorandum of understanding (MoU) with leading textile company Constant Gain. The cooperation will further strengthen the competitive advantages on textile as a core business of GTI group and its leading position in the industry. Pic: Constant Gain GTI is committed to expanding its business in textiles and manufacturing industries, increasing sales channels and enhanci

Indian textiles minister Smriti Irani has assured full support to the Kashmir carpet industry’s growth and promotion. Inaugurating the Srinagar office of Carpet Export Promotion Council (CEPC) in the premises of the Indian Institute of Carpet Technology (IICT) in Srinagar recently through video conference, she said the new CEPC branch will help enhance exports. The state textile committee in partnership with the development commissioner, handicrafts, (DCH) and CEPC will offer special lab tes