The Tiruppur Exporters’ Association (TEA) has sent a representation to the Union commerce minister for extending (i) IGST exemption for import of capital goods under EPCG scheme and (ii) inputs under Advance Authorisation scheme beyond March 31, 2019. The association has sought extension for another two years to help the domestic industry bounce back. Pic: Pxhere “After implementation of GST, TEA had requested for exemption from the payment of IGST while importing capital goods under EPCG sc

SGS is functioning to help clothing manufacturers prove sustainability to consumers using the Higg Index FEM Module and the FSLM Module. SGS has a range of services to help companies develop and manage comprehensive programmes related to better environmental sustainability. It offers verification services according to SAC Higg verification protocols. Manufacturers and suppliers of clothing can no longer ignore the demand from consumers for sustainable production methods. To help stakeholders

India, China, South Africa and Venezuela have insisted on continuing with the special and differential (S&D) treatment for developing nations at the World Trade Organisation (WTO), countering US efforts for equal treatment for all members. Self-declaration of developing member status had been a long-standing practice and best serves WTO objectives, the four nations said. In a paper submitted recently to WTO, the nations said the persistence of the enormous development divide between the

The WarehouseOS, a new tablet-based warehouse operations system software, keeps track of apparel inventory electronically from the moment they are received to the time they are shipped. From small e-commerce to high volume stock keeping unit (SKU) facilities, from omnichannel companies to FMCG, WarehouseOS maximises throughput of warehousing facilities. Unlike other industries with fixed product inventory, SKU proliferation can be a problem in the constantly changing apparel industry. Consume

The global growth agenda of Wolverine World Wide during the fourth quarter of fiscal 2019 has gained momentum. The company's reported revenue has been posted at $579.6 million, an increase of 0.2 per cent during the fourth quarter. The company's underlying revenue rose 3.8 per cent and further adjusting for currency, improved 4.6 per cent. Pic: Wolverine The gross margin was 39.2 per cent, as compared to 38.4 per cent in the prior year. On an adjusted basis, gross margin expanded 70 basis po

Though poor supporting industries have been traditionally considered by experts as the major reason hindering Vietnam’s path towards joining global supply chains, that no longer holds true for the textile and garment industry, thanks to policy measures and enterprises’ preparations for free trade agreements (FTAs), which set high requirements on product origin. Pic: Artem Bali from Pexels Vietnam had to import four-fifths of input materials and accessories for domestic textile and garment p

With portfolio expansion and future development of the industry in sight, Messe Frankfurt India (the organisers of Texprocess India) and MEX Exhibitions (the organisers of Gartex India) have entered into a strategic alliance to form a unified industry platform ‘Gartex Texprocess India’. The unified edition will be held from August 10-12, 2019 in New Delhi. Pic: Sebastian Soerensen from PexelsLeveraging on Messe Frankfurt group’s strong global network and expertise in the sector, Gartex Texpro

Over 10.700 million bales of cotton have arrived in 2018-19 season at various ginneries in Pakistan, as on February 15, 2019, down 6.83 per cent over arrival of 11.485 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA). In the major cotton producing province of Punjab, total cotton arrivals decreased by 9.41 per cent year-on-year to 6.552 million bales, according t

The Western Union Company, a leader in cross-border, cross-currency money movement, has introduced a new payment option that allows Amazon customers in Peru to pay in local currency for their purchases. The service is being offered initially in 10 countries – Chile, Colombia, Hong Kong, Indonesia, Kenya, Malaysia, Peru, Philippines, Taiwan and Thailand. Pic: Business Wire Western Union’s platform is powering Amazon’s new cross-border payment option, called Amazon PayCode, by processing th

WL Gore & Associates (Gore) Fabrics is using scientific research to drive eco-friendly improved material innovations that deliver uncompromised performance with a reduced environmental footprint of Gore Fabrics’ products, said its Responsibility Update 2018. One of its key achievements is the progress towards elimination of PFCs of Environmental Concern. In 2017, Gore Fabrics announced the ambitious goal to eliminate PFCEC from the entire lifecycle of consumer products by the end of 202