Courtesy: MarediModa The next edition of MarediModa is set to be held from November 6-8, 2018, at the Palais Des Festivals in Cannes, France. Collections of fabrics and accessories for swimwear, underwear, and athleisure for summer 2020 will be featured at the expo with over 100 European companies presented in a preview, representing the absolute top segment of the sectors. MarediModa will present the major themes developed by David Shah, Anne Marie Commandeur, and the style bureaux of the

Courtesy: Shima Seiki Leading flat knitting machine manufacturer Shima Seiki, together with its UK subsidiary, Shima Seiki Europe, will hold a private expo in association with Hong Kong­based spinner UPW in London, on November 7 and 8, 2018. The Shima Seiki Europe Apex show will feature the SDS­ONE APEX3 3D design system, high-lighting the company’s digital yarn project. SDS­ONE APEX3 3D design system is at the core of the company’s ‘Total Fashion System’ concept of unifying the

Courtesy: Pexels Off-White was officially the hottest brand on the planet in the third quarter of this year, according to the Lyst Index, a quarterly ranking of fashion’s hottest brands and products. Over the last year the cult streetwear label has risen 33 places in the Index, now surpassing Gucci (#2) and Balenciaga (#3) at the top of the table for the first time. Virgil Abloh’s Off-White had some globally-hyped launches and collaborations in Q3 2018. Searches for Off-White across Lyst’s

Revenues from premium value-added (PVA) products grew 10.1 per cent compared to the first quarter of fiscal 2018, or 14.4 per cent when excluding the impact of foreign currency translation, and represented approximately 43 per cent of consolidated net sales. During the reported period, gross margin was 11.0 per cent, compared to 14.2 per cent for the first quarter of fiscal 2018, impacted by higher costs, including raw materials, and a less favorable sales mix. Operating income was $5.7 milli

A three-day global textile exhibition in south India’s Coimbatore city beginning January 27 next year would have 600 stalls and is likely to attract 300 importers and buyers from abroad, according to Tamil Nadu state minister of handloom O S Manian. State minister of municipal administration S P Velumani said ₹2 crore has been allocated for the show. Manian said the handloom sector has been growing in production and export and this is the first time a state government is organising suc

Courtesy: Debenhams Retailer Debenhams is planning to close up to 50 stores in a period of over 3-5 years. The company is gaining traction in various volatile markets, and is also taking decisive action to strengthen market base. In fiscal 2018, the retailer delivered above-market digital growth of 12 per cent supported by improved mobile and customer experience. During the year, the company revitalised fashion product under new leadership and held share in clothing, and gained in womenswear.

India’s Aditya Birla Group chairman Kumar Mangalam Birla recently said the conglomerate is looking at a capital investment of $5 billion over the next three years across its businesses both in the home market and abroad. The group has already spent about $3.5 billion in the past two years across various businesses, he said at the Economist India Summit. In July, the group announced that it would buy US-based aluminium player Aleris for around $2.58 billion. Aleris, which Novelis is acqui

Courtesy: Avenue Avenue Stores, which operates the Avenue, Loralette, and Cloudwalkers brands of women’s fashion apparel, has joined hands with PredictSpring develop and launch its new mobile app. PredictSpring is the mobile commerce platform to connect consumer and store associate app experiences. Avenue Stores are known for reinventing plus size women’s clothing. PredictSpring integrated with salesforce commerce cloud to deliver a market-ready app in four weeks. The next generation app of

Courtesy: Polyu The Hong Kong Polytechnic University (PolyU) has come out with an intelligent fabric defect detection system, called WiseEye, which leverages advanced technologies including Artificial Intelligence (AI) and Deep Learning for quality control (QC) in textile industry. The system effectively minimises the chance of producing substandard fabric by 90 per cent. The system substantially reduces loss and wastage in the production. It also helps to save manpower as well as enhance t

South Africa’s Clothing and Textile Competitiveness Programme has helped sector exports grow from 7.1-billion rand (R) in 2008 to R25.1 billion in 2017 and will receive its share of the R15.9 billion allocated to incentives and the Expanded Public Works Programme. The Small Business and Innovation Fund will also help entrepreneurs in the pre-start-up phase. Twenty two new leather factories have been opened in the last nine years creating 2,200 jobs. To augment this, government funds will be