Interbrand released its Best Global Brands 2019 report, marking 20 years of the agency tracking the world’s most valuable brands. Sporting goods made a relatively sparse showing, with only Nike (up 7 spots to 16th place) and adidas (up 11 spots to 45th place) placing in the top 100 global brands.
Lectra unveiled its flagship Industry 4.0 solutions for Asia — Fashion On Demand by Lectra and Furniture On Demand by Lectra — as well as the new VectorAutomotive iP9 fabric-cutting solution for automotive seating and interiors this week, at the 2019 edition of the China International Sewing Machinery and Accessories (CISMA) exhibition in Shanghai.
The 2019 edition of The Fashion Summit, which bills itself as Asia’s sustainable fashion event, will go ahead in Hong Kong on September 5 and 6.
Co-organisers include the Hong Kong Research Institute of Textiles and Apparel, the Sustainable Fashion Business Consortium and the Clothing Industry Training Authority.
Innovative startups from India with disruptive sustainability solutions applicable to the fashion supply chain will now have the opportunity to be part of a Asia innovation programme launched by Fashion for Good, supported by Intellecap.
Asia is undergoing major structural shifts in petrochemical with China and India leading the way. There’s a renewed push to build and upgrade refineries, and construct new naphtha crackers.
Amber Liu, senior manager at ICIS, speaking at Asia Petrochemical Industry Conference (APIC) held in Sapporo Japan said that by 2021-2022, there could be about 10 new naphtha crackers on stream. In the past, these would be built by only the major companies such as PetroChina and Sinopec. But now a number of private companies are planning these projects.
Global textile retailers have found alternatives to Asia as a production hub as they saw some bad event happening in Asia’s textile industry in the year 2014 like the soaring labour wages in China, violent workers’ protests in Cambodia and collapsing factories in Bangladesh. These events points at the fact that the entire Asia textile industry seems to be in transition and the transition lies in a shift to a more value-adding industry.
TANATEX Chemicals, leading Dutch company which produce innovative textile processing solutions endorses its focus on developing the business in Asia has officially opened its new production plant in Thailand this week.
TANATEX will be able to react more time and cost efficiently to the demands of the textile industry in the region, the company reports.
