Home Textiles Sourcing Expo 2018, taking place alongside Texworld USA and Apparel Sourcing USA, will offer a wide variety of seminars and panels in this season’s edition. This summer, the educational events will focus on the global home textiles landscape, Autumn/Winter 2019-20 colour trends and a unique panel on translating fashion trends into home décor. As a marketplace for networking, education and sourcing, Home Textiles Sourcing Expo, beginning July 23, is the only trade event in Nort

Thefts, fraud and losses from other retail ‘shrink’ decreased to $46.8 billion in 2017 from $48.9 billion the year before in the United States as shoplifting and organized retail crime continued to be the leading causes, according to the annual National Retail Security Survey released recently by the National Retail Federation (NRF) and the University of Florida. Shoplifting and organized retail crime accounted for 36 per cent of losses, followed by internal employee theft (33 per cent), ad

India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at 4.43 per cent for the month of May 2018 over same month of last year. The index for apparel increased by 1.2 per cent to 141.0 in May, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry. The official WPI for all commodities (Base: 2011-12 = 100) for the month of May 2018 rose by 0.9 per cent to 117.9 from the previous month’s level of 116.

Zalando, Europe’s leading fashion platform, together with its partner Vailog, leading developer of logistics facilities in Italy, is establishing its new fulfillment centre in Nogarole Rocca (VR). The proximity to Southern European markets, availability of labour, and superior infrastructure are some of the reasons behind Zalando’s choice of this location. The event was attended by Jan Bartels, Vice President Customer Fulfillment and Logistics at Zalando, Eric Veron, General Manager at Vai

The National Retail Federation (NRF) has welcomed the recent announcement that labour and management at East Coast and Gulf Coast ports have reached a tentative agreement on a six-year contract renewal. US retailers can now receive merchandise without supply chain disruption, NRF vice president for supply chain and customs policy Jonathan Gold said. The International Longshoremen’s Assocation and the United Maritime Alliance recently announced that they have reached tentative agreement on

The breakthrough technologies in the apparel and textile industry, with many innovations will be unveiled at the Apparel Textile Sourcing (ATS) Canada from August 20. Among the latest advances to be showcased is a line of futuristic clothing – featuring seamlessly-integrated technology – that is designed to both diagnose and treat health conditions. Some of these innovations to be displayed at the three-day exhibition include stylish undergarments that act as an ECG monitor 24-7, alerting u

LLC Tiflis Textile, a beneficiary of the Enterprise Georgia programme, has opened a socks manufacturing factory in Georgian capital city of Tbilisi. The new factory with modern machinery and employing 50 persons was inaugurated by Dimitry Kumsishvili, First Deputy Prime Minister and minister of economy and sustainable development, Government of Georgia. The new unit has been built on land given by the LEPL National Agency of State Property. The factory has come up at a total cost of 6 milli

The Cotton Association of India (CAI), in its May estimate, has increased the ongoing season’s cotton crop projection to 365 lakh bales of 170 kg each, i.e. 5 lakh bales higher than its previous month estimate. The estimated increase in production figures is mainly due to the realisation of higher yields, particularly in top cotton-growing state of Gujarat. Of the increased estimate of 5 lakh bales, CAI estimates about 3 lakh bales to come from Gujarat, 1 lakh bales from Karnataka, 50,000 b

For fiscal 2030, ASICS Corporation, a sports performance brand, has pledged to reduce the carbon footprint of its own operations by 33 per cent, as part of its commitment to Science Based Targets. Further, the company aims to cut carbon emissions of its supply chain by 55 per cent, says the company's sustainability report for fiscal 2017. ASICS reduced its CO2 emissions in 2017 by 17.5 per cent from the baseline year. Significant progress was achieved through a partnership with EnterSolar t

The recent Bangladesh budget has proposed raising the corporate tax rate on manufacturers and exporters of readymade garments (RMG) to 15 per cent from 12 per cent. If any such taxpayer is a public limited company, then the rate will be 12.5 per cent. Any factory holding green building certification will enjoy tax rate of 12 per cent, according to the budget proposals. A 5 per cent value-added tax (VAT) on branded garment outlets has also been proposed instead of 4 per cent. Besides, a 5 p