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Our AO January issue presents an in-depth review of the top 10 themes that defined fashion retail in 2023 including brands’ growing focus on sustainability and widespread adoption of virtual stores and augmented reality (AR), besides taking you through the latest fad for metaverse that is sweeping the global market. The Cover Story of this edition is in sync with our review column as we predict the most promising trends that are set to redefine the fashion scene in 2024. Get ready for an exciting blend of retail and technology as e-textiles, smart wearables, experiential centres and hyper-personalisation take over the fashion landscape with bricks-and-mortar retailing making a strong comeback after the setback faced during the pandemic as consumers crave for a highly engaging brand experience. That’s not all! Our team brings for you an extensive coverage of the rapidly surging Indian menswear market which is projected to reach US $ 34.50 billion by 2027, with rising disposable income and social media elevating fashion consciousness amongst men.
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Biba, the pioneer in the concept of 'fashion collaboration'

Cantabil, no more a discount oriented brand..

The intricacies of Indian arts and crafts

With a wide variety of home décor products to choose from, the consumers are spoilt for choice. If given proper recognition, the home textile industry can give a major boost to the local artisans and weavers.

Dating back to centuries, the textile industry of India is truly a treasure trove. It is a labour-intensive industry employing more than millions of people directly or indirectly. It is broadly divided into two categories: the organised and unorganised sector. The organised sector consists of spinning, garments and apparels whereas the unorganised sector consists of handlooms, handicrafts, artisans and weavers operating on small scale. And it is due to the local artisans and weavers that the richness of Indian culture is alive and still visible. These have been passed down from generation to generation and are still surviving, which gives an idea about the richness of culture and tradition.

The traditional arts and crafts of India such as the Madhubani paintings, Gond Art, Sericulture, Warli paintings, Jaali work, pottery, clay craft, cane work, etc. are slowly getting acclaimed worldwide in the form of home décor accessories. And not to forget, adapting to the healthy and sustainable lifestyle, people are going back again to using utensils made of soil and mud. It is now becoming a trend to decorate surroundings with intricate things. People want their home and workplace to be attractive enough, the outcome of which is the boost to home textiles. It remains one of the dominating segments of the unorganised sector.

  

Also, the textile industry retail giants entering the market with a wide range of versatile products that are also pocket friendly can be considered a major attribute for the change in trend. It is growing at an extremely fast pace. The intricacies of Indian textiles, both in terms of home textiles and clothing, are steadily grabbing the shelves globally. Bombay Dyeing, one of the versatile players of home décor, was launched in 1789. #Raymond launched ‘Raymond Home’ in 2013. The e-commerce portals such as #Amazon, #Flipkart, #Jabong, etc. as well as retail outlet stores across the country with both national and international brands give the consumers a wide range of choice to be spoilt with. Due to growing needs of consumers and the increase in disposable incomes, this segment is projected to grow subsequently in the following years and if organised properly considering its propensity to grow, home textile industry can do wonders. Also, with the ease of customisation and gamut of offerings to choose from, the textile accessory exporters are experiencing an increase in demand which in turn encourages the local artisans, craftsmen, weavers, handlooms, cottage industries and prevents SMSEs from being wiped out from the markets. 

YKK launches zippers made from plant-based plastics

YKK, a leading name among zipper manufacturers, has launched the all new sustainable products with the aim of reducing carbon emission, toxic chemical and water usage.

The products included in its latest collection are made using the remains of polyester and other fibres and PET bottles. The company claims that making of 10,000 Natulon zippers recycles about 3,600 plastic bottles (29g/bottles). All these recycled zippers meet Bluesign certification standards.

The range also includes GreenRise zippers that are developed using the polyester derived from plant-based plastics, made from molasses, the by-product generated in the sugar production process.

This helps eliminating the use of polyesters that are derived from convention fossil fuel, ultimately reducing the consumption of fossil fuel and emission of CO2 in the product life cycle.

Furthermore, the range also consists of different snaps and buttons manufactured using the environment-friendly process, thereby reducing the thermal energy, water usage, toxic chemical and waste.

Source By : https://apparelresources.com/business-news/sustainability/ykk-launches-zippers-made-plant-based-plastics/

Import of fabric to Vietnam shoots up sharply

It’s surprising to see the import of fabric to Vietnam surge significantly.

Considering the efforts put in by the country to promote the domestic fabric industry over the last few years, the numbers are nothing short of any surprise!

The fabrics exported from China to Vietnam have shot up sharply, accounting for 57.3 per cent of overall fabric import turnover of the country.

While talking more on the same, Vu Duc Giang, Chairman, Vietnam Textile and Apparel Association (VITAS) recently said that the only way to combat this is to continuously focus on promoting domestic fabric sector.

And How! The Chairman has proposed following 3 recommendations:

• Set up the industrial parks quickly
• Ministry of Industry and Trade must be the mainstay in the strategy of building the supporting platform with the textile industry
• Build more transparency to create a legal foundation

Implementing these recommendations, the Chairman feels, would soon make the country independent with regard to producing fabrics.

The Chairman also added that lately many localities and industrial zones in the country have been averse to setting up of textile industry, especially with regard to dyeing sector and this was also one of the reasons for stagnating the growth of domestic fabric sector.

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3-fold increase! Myanmar’s apparel export earnings shoot upwards

Yes, it’s an increase by 3 times!

Myanmar’s cut-make-pack (CMP) apparel sector touched an impressive US $ 2.5 billion up to 10 May of the current fiscal year, which is 3 times more than what it was in the 2015-2016 fiscal – and that was US $ 800 million. This was confirmed by the Ministry of Commerce.

After earning US $ 4.6 billion from its apparel exports in 2018, the numbers are, reportedly, expected to reach US $ 10 billion by the year 2024.

Speaking at the 5th anniversary of the Myanmar Garment Entrepreneurs Association (MGEA) at the Union of Myanmar Federation of Chambers of Commerce and Industry recently, Khaing Khaing Nwe, Secretary, MGEA, said that Myanmar’s apparel industry has lately seen its number of workers go up by 5 times and the income go by 10 times.

However, he added, the Government is now going all out to increase the productivity by 2 times. That’s the only way to justify the rise in income.

The Deputy Minister of Commerce, Aung Htoo, who was also present at the event, said that the garment industry in Myanmar creates jobs for nearly 500,000 workers and is the biggest contributor to employment and GDP.

Source By : https://apparelresources.com/business-news/sourcing/3-fold-increase-myanmars-apparel-export-earnings-shoot-upwards/