Apparel, Fashion, Retail

Dun & Bradstreet Q2 Business Optimism Index Higher By 4.2%

Textile Insights April 25, 2024

The Dun & Bradstreet Composite Business Optimism Index stands at 75.9 percent for the second quarter of 2024, 4.2 percent higher compared to first quarter of 2024 for India. Four out of six optimism indices have shown improvement with optimism for net profits at an eight-quarter high. The

Apparel, Fashion, Retail Economy

Bangladesh Seeks Duty Free Access For Garment Exports To US

Textile Insights April 22, 2024

Amongst various demands, the Bangladesh government has urged the US to provide quota free as well as duty free access to Bangladeshi apparels manufactured from US cotton. The demands were made at a US-Bangladesh TICFA Intercessional Meeting held at the office of the Bangladeshi Ministry of Commerce. While briefing journalists after the meeting, Senior Commerce […]

Apparel, Fashion, Retail

Fast Fashion Brand Zara Denies Withdrawing From Chinese Market

Textile Insights April 22, 2024

Fast fashion brand Zara has dispelled rumours emanating from the Chinese media that it is withdrawing from the Chinese market. Media reports had recently informed that Zara has closed nine stores in just two months which lead to speculation that the Spanish brand is gradually exiting from China. While speaking to Daily Economic News, a […]

Apparel, Fashion, Retail

ABFRL Board Approves Demerger Of Madura Business Into A Separate Listed Entity

April 21, 2024

Following the announcement on April 1, 2024, the Board of Directors of ABFRL convened and approved the proposal for the vertical demerger of Madura fashion and lifestyle business from ABFRL into a newly incorporated entity named Aditya Birla Lifestyle Brands Ltd. (ABLBL). Upon completion, ABLBL will be listed separately, marking a significant strategic move aimed […]

Apparel, Fashion, Retail

Eastman Partners With Debrand To Recycle Apparel Waste From Top Brands

April 21, 2024

Eastman, a specialty materials company renowned for its Naia cellulosic fibres, has initiated a strategic collaboration with Debrand, a leading next-life logistics company specializing in sustainable solutions for apparel waste, serving some of the world’s top apparel and footwear brands. In partnership with Debrand, Eastman is utilizing its cutting-edge molecular

Apparel, Fashion, Retail

Report Links Fashion Brands Zara & H&M To Brazil Deforestation

Textile Insights April 18, 2024

Fashion retail giants H&M and Zara have been linked to reported large-scale illegal deforestation and land-grabbing in Brazil. An investigation traced nearly one million tons of cotton from farms allegedly linked to 100,000 hectares of Cerrado wilderness, to clothing manufacturers that supply to the world’s largest fashion retailers. The Cerrado has the oldest forms of

Apparel, Fashion, Retail

International Woolmark Prize Opens Applications From April 16

Textile Insights April 16, 2024

The International Woolmark Prize, the world’s most prestigious award for rising fashion talent, is evolving to enhance its focus on nurturing talent to positively shape the future of fashion. Launched in 1953, the award program aims to empower emerging designers through education, financial investment, and industry support to harness the potential of wool within their […]

Apparel, Fashion, Retail

Levi Strauss Opens Largest Exclusive Store In Southeast Asia

Textile Insights April 16, 2024

Levi Strauss has renovated, expanded and reopened its Levi’s store at CentralWorld mall in Bangkok. At 364 sq. metres, the expanded store is now the largest Levi’s store in Southeast Asia. Nestled in the heart of Bangkok’s shopping mall district Chidlom, the Levi’s NextGen Indigo store will offer consumers an elevated shopping experience. The experience […]

Apparel, Fashion, Retail

Active Apparel Group Embraces Toxin Free Printing Inks

Textile Insights April 13, 2024

Activewear and performance apparel retailer Active Apparel Group (AAG), has adopted toxin free printing inks in their manufacturing process. “We have embraced Oeko-Tex 100 Class 1 Standard Printing Inks which is as a part of an initiative to reduce environmental impacts and keep ahead of global chemical regulations,” an AAG press release said. According to […]

Apparel, Fashion, Retail

M&S Marches Towards Achieving Net Zero Emission 2040 Target

Textile Insights April 12, 2024

Global apparel retailer Marks & Spencer (M&S) has announced several new investments in pioneering projects, funded through its Plan A Accelerator Fund, to help achieve its net zero target by 2040 goals. “M&S’s industry-leading, fully integrated sustainability plan ‘Plan A’ was launched in 2007, well before most mainstream businesses were thinking about