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Market Buzz& Industry News

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Sustainable sourcing driven by investors, not consumers

11/20/2017

The hold that ethical sourcing and sustainability has over the US fashion and apparel industries is being cemented more by by changing investor requirements than by consumers, a major US fashion industry conference has heard.

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Asia garment worker wages remain low despite rises

11/21/2017

While wages in developing Asia's garment and footwear industry have increased in recent years, they continue to remain low overall - particularly for women - a new analysis suggests.

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Disney project builds better factory working conditions

11/21/2017

A year-long global project on improving working conditions in factories making Disney-branded products around the world has successfully trained 201 managers from 115 licensee companies that in turn contract some 2,447 factories.

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EU approves new ruling to protect dye workers

11/21/2017

Stricter European Union (EU) rules will better protect textile workers using dyes from exposure to carcinogens or mutagens thanks to a final approval by Parliament.

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Start-up uses crowd sizing for better fitting clothes

11/21/2017

A Korean start-up aims to remove the guesswork from garment sizing and instead use crowd sizing and clustering to make clothes that fit.

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Customer data heralds new fashion industry opportunities

11/21/2017

The multiple ways in which the fashion industry's ecosystem can use customer data was the focus of a recent roundtable discussion - with panellists agreeing its impact spans everything from customer satisfaction, to competitiveness, revenues or waste limitation.

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US sets out revised NAFTA negotiating objectives

11/21/2017

The United States has set out a revised set of objectives for the renegotiation of the North American Free Trade Agreement (NAFTA) with Canada and Mexico - with a focus on transparency and expanded investment.

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Egypt's textile exports reach US$673m in 10 months

11/21/2017

Egypt's textile exports reached US$673m in the first ten months of the year, new figures show, with Turkey remaining the top top importer.

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US hearings to address "unfair" port charges

11/21/2017

The US Federal Marine Commission is to hold public hearings in January to gather input on a petition seeking a rule or policy preventing terminal operators and ocean carriers from charging unfair demurrage and detention fees amid uncontrollable incidents such as storms and strikes.

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Arcadia's new finance system to aid international growth

11/21/2017

British retail group Arcadia has selected a new cloud-based financial software solution to help support international growth of its Topshop and Topman brands.

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US Q3 in brief - Urban Outfitters, Foot Locker, Abercrombie & Fitch

10/11/2017

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Urban Outfitters booked mixed results but with record sales, Foot Locker revealed results in line with expectations, while US apparel giant VF Corporation hailed "strong" third-quarter results, despite a drop in profit.

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Animal gets faster with warehouse management software

11/20/2017

UK board sportswear brand Animal has invested in a new warehouse management system to manage its warehouse operations, and says it is already seeing faster, more accurate picking and lower labour costs.

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US moves from 'America first' to 'America alone' on trade

11/17/2017

Prospects for trade deals that have underpinned growth in American clothing and textile imports and exports appear increasingly precarious as the Trump administration passes the 300-day mark, participants at a US fashion industry summit have heard.

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Brandix eyes athleisure with Best Pacific fabric venture

11/20/2017

Leading Sri Lankan garment exporter Brandix is launching a joint venture with synthetic materials manufacturer Best Pacific of Hong Kong to produce warp knit synthetic fabric and webbing in Sri Lanka.

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Teijin revises CSR guidelines, targets forced labour

11/20/2017

Polymer and textile specialist Teijin Limited has revised its corporate social responsibility (CSR) procurement guidelines in a move that specifies "more detailed efforts" regarding human rights and labour in supply chains.

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Sri Lanka opens first of 150 mini apparel factories

11/20/2017

The first of 150 "mini" garment factories has opened in a Sri Lankan village originally set up for displaced people, as part of a US$1.8m national apparel initiative implemented by the Government.

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US begins probe into trade with Sub-Saharan Africa

11/20/2017

The US International Trade Commission has initiated an investigation into recent developments in the country's trade and investment with sub-Saharan Africa, as well as the region's trade performance and export prospects.

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Taiwan "preparing" to join CPTPP trade pact

11/20/2017

Taiwan is understood to be considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) - the new name for the TPP between the remaining 11 nations minus the US - and is preparing for bilateral and multilateral negotiations.

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Unions prioritise women workers' rights in Ethiopia

11/20/2017

Minimum wages, worker rights for women, collective bargaining and the promotion of health and safety at textile and clothing factories were among the topics discussed at a union building meeting in Ethiopia last week.

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Teijin targets formal wear with new premium black fabric

11/20/2017

Textile and fibre company Teijin has developed a new polyester combined-filament yarn and yarn-processing technology to create a lightweight premium black fabric that retains its colour and is expected to meet demand for easy-care formal wear.

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