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  • India's Apparel Export Promotion Council (AEPC) has hailed the raise in the merchandise exports from India scheme (MEIS) rates to 4 per cent of export value, saying the step will ease blocked capital problems and help handle Christmas orders. However, it is upset over the low rebate on state levies (RoSL) as the central taxes rebate have not been considered. AEPC chairman Ashok Rajani, in a press recent release, urged the government to urgently restore the previous rates of RoSL and duty dra
  • While another $8 billion worth of exports is needed before the yearend to fulfil Vietnamese Government’s 2017 export target of $31 billion in textiles and garments, the average export growth rate in August and September indicates the target is achievable, according to Le Tien Truong, general director of Vietnam National Textile and Garment Group (Vinatex). Vietnam’s textile and apparel exports were worth $28 billion in 2016 and exports growth is projected to reach 10 per cent this year, a Vi
  • The global polyester staple fibre (PSF) market is expected to reach $39.3 billion by 2025, growing at a CAGR of 6.3 per cent, says a recent report. Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing environment consciousness and cheaper price of PSF has increased utilisation of PSF in the market. Solid PSF was the largest product segment in 2016 and is expected to witness a promising growth rate over the forecast period, according to
  • Teijin Frontier Co., Ltd., Japan-based Teijin Group’s fibre-product converting company, has announced that the company has developed a polyester high-gauge knitting material laminated with a breathable film to produce thin, lightweight and breathable textiles. Teijin Frontier will sell its new material mainly for spring/summer 2019 sportswear. Textiles laminated with breathable film are widely used for high-functional sportswear due to their breathability, waterproofness, lightweight and str
  • Welcoming the Uttar Pradesh government’s draft textile policy, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said the draft includes many of the chamber’s suggestions, such as open access for existing as well as new units, capital subsidy for new and existing units over and above the technology upgradation fund scheme (TUFS). All this would help in attracting investments in the sector in value added segments and generate employment, according to LK Jhunjhunwala, chai
  • Public Services and Procurement Canada (PSPC) has sought inputs from apparel suppliers to develop guidelines for ethical procurement. As part of the proposal, suppliers selling apparel to the government will self-certify that they and their direct Canadian and foreign suppliers comply with local laws and international standards on labour and human rights. The rights include freedom from child labour, forced labour, discrimination and abuse, and access to fair wages and safe working condition
  • Dressmann, one of the leading fashion brands for menswear in Northern Europe, will become the world’s leading fashion retailer of Fairtrade certified cotton once it launches its new range of t-shirts, boxer shorts and socks. This is an effort to fulfil the company’s commitment to source 100 per cent sustainable cotton by 2025 across its entire supply chain. The move will see the brand launch its new collection across 500 stores in European countries including Norway, Sweden, Finland, Denmark
  • Invista, owner of the LYCRA brand, will exhibit its latest denim fabric innovations at the upcoming Kingpins Show in New York City during November 29-30. Invista will preview a new technology platform for bi-stretch fabrics as well as highlights from its recent marketing collaboration with Who What Wear, which promoted jeans with LYCRA dualFX technology. Crafted in response to consumer insights, this ambitious co-branded marketing campaign addressed common “denim dilemmas,” and showed how je
  • Myanmar exports have surged since the beginning of the the 2017-18 fiscal year, backed by a spike in output by the industry sector, Assistant Secretary of the Ministry of Commerce U Khin Maung Lwin told The Myanmar Times. Exports between April 1 and November 10 have risen by nearly $1.3billion over the same period last year, with half of the increase comprising exports from the industry sector, according to statistics from the Ministry of Commerce. During the period, total export income fr
  • The Woolmark Company has entered into a two-season partnership with Japanese fashion label FACETASM for developing its Autumn/Winter 18/19 and Spring/Summer 19 wool-rich offerings, ahead of its show at Paris Men’s Collection. Both collections will be Woolmark-certified. The partnership marks the beginning of a long-standing relationship between the two. The Woolmark Company will continue to work closely with and support FACETASM’s design team, which has already viewed the Woolmark Company’s
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