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Indian textile industry aims the 350 billion dollor mark by 2025

Related Keywords: apparel, cotton, exports, fabric, fashion, fiber, Garments, import, India, Industry, revenue, Textile, yarn

India, which is emerging as a global textile hub with huge potential, needs to develop man-made fibre to remain competitive in the global market and it aims to be a $350 billion industry by 2025, industry officials June 6 said.

"It is high time that the industry changes its approach to move into the second growth phase and aim for exports of around $100 billion from the current $40 billion," Textiles Secretary Ajit B Chavan said at the CII Texexcel 2019, the National Textiles 4.0 Summit here.

Chinese imports may impact the cost of everything

Related Keywords: apparel, China, clothing, export, import, manufacturing, production, tariff, trade, United States, war

By now you may have heard that increasing tariffs on imports from China may impact the cost of everything from sneakers to patio furniture by up to 25%.

But in many categories, it’s still unclear how that increased cost could impact the end consumer: that’s you, who’s trying to buy a shoe or a lawn chair.

Direct-to-consumer apparel company Everlane showed the New York Times how much prices for its popular products could change once new tariffs are included in production costs.

Aquafil aquires OMara Inc. For $40.5 Million in USA

Related Keywords: apparel, Aquafil, CAFTA, Dryarn, econyl, O’MARA, polyester, Textiles, United States

Today Aquafil S.p.A. finalized the acquisition of 100 percent of O’Mara Inc. for a total consideration equal to $40.5 million. The deal was completed through the Group’s U.S. subsidiary, Aquafil USA Inc.

O’MARA Inc.

O’Mara Incorporated — founded in 1970 — produces nylon, polypropylene and polyester fibres mainly in solution-dyed colors in its plant based in Rutherford College, N.C. In 2018, O’Mara reported a turnover of $40.1 million, with margins in line with those of Aquafil Group.

Integration of O’Mara into Aquafil Group

Apparel Textile Sourcing Miami Opens to Record-Setting Crowd

Related Keywords: apparel, ATSM, brand, fashion, knitting, Sandler, Textile, United States, United States Fashion Industry Association, USFIA

The second annual Apparel Textile Sourcing Miami (ATSM) show kicked off on Tuesday at the Mana Wynwood Convention Center with great fanfare and drawing record attendance. More than 1,200 visitors passed through the show doors on opening day alone, with 3,500 more expected on day two for Fashion Day, which will be headlined with a designer fashion seminar series and a fashion show extravaganza showcasing the designs of the Magic City’s “local heroes.”

Urban Outfitters looks to rent clothes

Related Keywords: apparel, clothes, fashion, fashion industry, global data, Nuuly, renting, research, sustainability, Urban Outfitters

The sharing economy is now making its way into the fashion industry as Urban Outfitters looks to rent clothes to younger fashionistas.

The retailer is launching an online subscription service allowing people to borrow six items to wear for a month before swapping them.

The firm says that in terms of clothing, millennials in particular want variety and sustainability.

The womenswear service, called Nuuly, will launch in the US this summer.

Wearable technology is on the cusp of a major transformation

Related Keywords: apparel, clothing, fabrics, fashion, forecast, Garments, innovation, technology, Textile, wearable tech

How many times have you seen a headline around “smart clothing” or “wearable tech” and you’ve been disappointed that the product doesn’t look so wearable at all? Personally, I don’t have enough fingers to count the amount, quite honestly. Despite being sold as "wearable", much of the time, wearable tech is cumbersome and awkward, and never really works as intuitively as you'd like.

Offshore apparel manufacturing may move back home as automation takes over

Related Keywords: apparel, apparel manufacturing, Bangladesh, China, export, fabric, garment, import, jeans, labour, manufacturing, production, sewing, supply chain, Textile, tshirt, workers

Offshoring of apparel manufacturing has been a blessing for many developing countries. The readymade garments (RMG) industry, employer of 4 million workers, mostly rural women, contributes more than 80 percent to Bangladesh's export revenue. Low-cost labour has been the primary reason for western retailers to wait for months to get a shipment from offshore destinations. Once technology becomes a cheaper alternative to the least costly manufacturing labour, will apparel manufacturing complete the journey in returning home?

Plan to invest $1 billion in new value added textile projects

Related Keywords: apparel, energy, export, exporter, Garments, import, Pakistan, supply chain, Textile, Textile Industry, yarn

Encouraged by the government’s initiatives to help reduce the cost of energy for exporters, major Punjab-based textile groups on Friday announced that they plan to invest $1 billion in new value-added textile projects and capacity expansion for exports.

The group that plans to invest include leading textile manufacturers such as Sapphire, Suraj, Kamal, US Apparel, Interloop, Fazal Cloth Mills, Ejaz Group, Mahmood Textile, Ayesha Group, Bhanero Group, Kohinoor Mills and Sadaaqat Textile.

Unfortunately many company gradings on human rights and welfare remain disappointing

Related Keywords: apparel, Australia, brands, clothes, denim, environmental impact, Ethical Fashion, fashion, Fashion Brands, fashion companies, Fashion Revolution, footwear industry, global apparel, greenhouse gas, production process, supply chain, T-Shirts, workers

Australian fashion brands are becoming more transparent about how they make their clothes, but there is still much more to be done on workers’ rights, living wage and environmental impact.

That’s according to the findings in the latest Ethical Fashion report, published by Baptist World Aid, which surveyed more than 130 companies with 480 brands.

Apparel Textile Sourcing Miami show unveils top speaker line-up to boost international trade success for fashion industry players

Related Keywords: apparel, apparel brands, Apparel Textile Sourcing, customs, designers, fashion industry, forecasts, future of fashion, industry trends, investment opportunities, JP Communications, Miami Fashion Week, retailers, sustainability, technology, Textile, textile products, trade policy

Miami, FL – Latest updates on U.S. trade policy, customs and imports, investment opportunities for apparel brands and retailers, industry trends and forecasts, and the future of fashion, technology and sustainability, are among the key topics to be presented at the upcoming Apparel Textile Sourcing Miami (ATSM) show.

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