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

Trade & Market

Eid-Ul-Fitr Business Keeps Ahmedabad Textile Market Buzzing

Textile Insights April 8, 2024

Eid-ul-Fitr is around the corner and Ahmedabad’s textile markets are buzzing with activity. Retail demand is high, leaving the market in a bullish mode for the festival season ahead. “There has been a good demand ahead of Eid,” Gaurang Bhagat, President, Maskati Cloth Market Mahajan said. “Ahmedabad’s textile traders are reporting a significant increase in […]

Apparel, Fashion, Retail

Myntra Grows At Twice The Pace Of Indian Online Fashion Market

Textile Insights March 29, 2024

Myntra one of India’s biggest online fashion, beauty and lifestyle platform, claimed it has grown at nearly twice the pace of the fashion ecommerce market in India in the second half of 2023. “Integral to this market-leading growth has been a 33 percent surge in Monthly Active Users (MAU), rising from 45 million in 2021 […]

Apparel, Fashion, Retail

Fast Retailing Closing 50 Uniqlo Unprofitable Stores In China

Textile Insights March 27, 2024

Fast Retailing, the owner of Uniqlo brand and retailer of apparels is planning to close 50 unprofitable stores in China. But at the same time the Japanese company also plans to open 80 new stores. This was disclosed by Takeshi Okazaki, Chief Financial Officer of Fast Retailing who said it will adjust its store-opening strategy […]

Event

17,262 Visitors From 55 Countries Visit First Edition Of VIATT

Textile Insights March 16, 2024

The inaugural Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) hosted 409 exhibitors from 17 countries and attracted 17,262 visitors from 55 countries. Spanning 15,000 sq. metres of exhibition space in two halls, the fair reflected the latest trends and innovations in fibres, yarns, fabrics, garments, home textiles, technical textiles

Apparel, Fashion, Retail

Garments Change Colour In Response To Rising Temperatures

Textile Insights January 6, 2024

Students of the National Institute of Fashion Technology (NIFT) Gandhinagar have taken a groundbreaking leap by incorporating thermochromic and photochromic technologies into garments. The Textile Design (TD) course unveiled swaddling clothes, military fatigues, children’s games, and even curtains that feature these cutting-edge technologies. Thermochromic is a fabric

Apparel, Fashion, Retail

Chinese Fashion Retailer Faces Challenges Before Proposed IPO

Textile Insights November 30, 2023

Singapore headquartered but originally China based fast fashion retailer Shein, has plans to launch an initial public offering next year with listing at the New York stock exchange. But the brand which still has manufacturing facilities in China faces allegations that its products contain cotton from Xinjiang province, a province which is accused of using […]

Apparel, Fashion, Retail

China Proposes Law To Ban Apparel Which May Hurts Feelings

Textile Insights September 11, 2023

China has proposed a law that would ban apparels which could hurt feelings of the Chinese people. The proposed law includes a range of behaviours including images on garments or a speech that is offensive for Chinese people. The standing committee of the country’s legislature has released a draft of the legislation, and will be […]

Apparel, Fashion, Retail

TMRW & Bain Release Report On Digital Fashion Disruptor Brands

Textile Insights September 9, 2023

TMRW, an Aditya Birla Group backed company, which manages garment brands like Bewakoof, JuneBerry, Nobero, Urbano, etc and, Bain & Company have released a report on ‘Digital Fashion Disruptors: Navigating the Future of Fashion’. According to the report, digital disruptor brands are projected to outpace India’s online fashion market growth with 35

Export

Bangla Garment Exports Get UK Duty Free Status Post LDC

Textile Insights August 11, 2023

Bangladesh garment exports to the UK will continue to receive duty free status posts for a three year period following its transition out of the Least Developed Country (LDC) status in 2026. The South Asian country will be eligible to export 92 percent of tariff line products duty-free, which also includes apparels, when accessing the […]