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Related Keywords: bales, Brazil, China, cotton, domestic, prices, raw material, Textile

The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is likely to boost imports further this year, says a report. The gap or spread between global and domestic cotton prices has been on a declining trend owing to higher production in Brazil and China, coupled with a fall in domestic production, says an India Ratings report Tuesday.

Related Keywords: AI, Artificial Intellegence, clothing, e-commerce, fashion, global GDP, sale, supply chain

As long as humans have started to wear clothes, we’d have the desire to express our own individuality, and one way to achieve that is through fashion. The fashion industry is one of the biggest in the world, estimated at about 3 trillion dollars as of 2018, representing 2 percent of global GDP. Much of brick-and-mortar traditional retail as well as online e-commerce is dedicated to the sale of clothing and fashion items.

Related Keywords: cotton, digitisation, environment, fibres, Garments, Inditex, polyester, Recycle, supply chain, sustainability, sustainable

At its AGM today in Spain, Inditex says that by 2025, 100 per cent of the cotton, linen and polyester used by its eight clothing brands will be made from either organic, ‘sustainable’ or recycled fibres.

It also revealed that its ‘Join Life’ labelled garments will account for 25 per cent of the total number of garments that it sells by the same date.

Related Keywords: denim, fabrics, future, innovation, material, Premium, sustainability, view, vinyls

Leading international fabric, trim and denim suppliers will present more than 400 collections featuring their preview programmes and current developments for the new Autumn/Winter 2020-2021 season at the View Premium Selection show, in Munich, this week.

Two inspiring trade fair days provide the textiles industry with a valuable insight into current material innovations, colour trends and future-oriented qualities, with which they can get a head start for planning and designing new collections.

Related Keywords: 2025, Agriculture, bales, cotton, Industry, Iran, self-sufficient, Textile, tons

According to Ebrahim Hezarjaribi, the executive of the Cotton Project at the Ministry of Agriculture, Iran’s annual cotton production will reach 386,000 tons by 2025, making the country self-sufficient in using the material in the textile industry.

Last Iranian year (ended March 20), the country’ self-sustainment coefficient stood at about 45%, he said, adding that figure in envisaged to reach 58% this year.

According to him, the cotton sowing area is expected to reach 82,000 hectares this year.

It is expected that 228,000 tons of cotton will be harvested this year, he added.

Related Keywords: Aditya Birla Fashion and Retail Ltd, apparel, brand, designs, footware, Louis Philippe, Peter England, Van Heusen

Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, on Monday said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil brand for ₹60 crore.

Related Keywords: apparel, ATSC, Canada, fashion, fibre, ITKIB, marketing, Mills, TESTEX, Textile, Turkey

With Canada’s apparel market forecast to be worth almost 39 billion Canadian (29.66 billion U.S.) dollars by 2020 — a 20 percent increase from 2016 — representatives from more than 20 countries will convene in Toronto next month at the Apparel Textile Sourcing Canada (ATSC) 2019 show to present international trade opportunities to the booming Canadian apparel sector.

Related Keywords: BOPA plant, chemical chain, Domo Chemicals, Europe, Nyleen, nylon, packaging, Quantis, recycle partnership

Materials engineering company Domo Chemicals (Leuna, Spain) is changing the name of its cfp flexible packaging business to Domo Film Solutions, effective immediately. The stated reason for the change is to emphasize the company's position as a provider of nylon film solutions in Europe.

Related Keywords: BVSC, EU-Việt Nam Free Trade Agreement, EVFTA, fabrics, footware, Garments, MFN, supply chain, Textiles, Vietnam

Textile, garment and footwear products made in Việt Nam will not enjoy immediate tariff cuts after the EU-Việt Nam Free Trade Agreement (EVFTA) comes into effect, according to a report from Bảo Việt Securities Joint Stock Company (BVSC).

After the EVFTA comes into effect, Most Favoured Nation (MFN) tariffs will automatically replace the Generalised System of Preferences (GSP) rates which the EU has applied for developing and underdeveloped countries.

Related Keywords: China, domestic, Garments, profits, revenue, Sales, yuan

China's garment industry saw an increase in domestic sales in the first five months this year despite slower expansion in the industry.

From January to May, retail sales of garment enterprises above a designated size amounted to 397.4 billion yuan (about 57.71 billion U.S. dollars), up 2.3 percent year on year, according to the Ministry of Industry and Information Technology (MIIT).