The use of technology in apparel manufacturing is significantly increasing worldwide and it was reiterated at the recently concluded CISMA 2019. The four-day-long event beckoned the world with wide range of ‘Intelligent Manufacturing’ technologies under the theme ‘Smart Sewing Factory – Technologies and Solutions’, grabbing the attention of apparel manufacturing giants located in different partsof Asia.CISMA sprawled over an area of 1,15,000 square metres of Shanghai New Int’l Expo Center (SNIEC

There is a huge gap between what fashion students learn in the colleges and what they face in the industry. In the ever-evolving fashion industry – where no prediction stays true in long run – it is quite difficult for the freshers to pace up with changing fashion retail, manufacturing or even entrepreneurship landscape and a time comes when they need to upskill themselves to stay relevant and contribute to the betterment of the business.However, unlike before when one found it complex to upskil

Hong Kong-based Luen Thai Holdings Ltd’s (Luenthai) newest venture, the XO Tex Industrial Co Ltd garment factory located in Phnom Penh, recently became the first building in Cambodia to earn ‘gold’ certification under the US Green Building Council’s (USGBC) LEED v4 Building and Construction (BD+C) rating system. “This building is a 25,000sqm facility designed to employ 10,000 staff.Leadership in Energy and Environmental Design (LEED), the most widely used green building rating system in the worl

TheGerman Agency for International Cooperation (GIZ) will establish an incubator in Cameroon to improve sustainability and added value in the country’s textile industry.Sustainability and Value Addition in Agricultural Supply Chain is the initial part of the global project. GIZ has called for tenders for a recruitment firm to set up the incubator.Figure: Incubators are being set up to promote local products and create jobs.The company has received tenders until June 21 to operate the project fro

Life is Good, the positive lifestyle and apparel brand from US, has announced its partnership with Reef, a leader in beach and surf-inspired footwear. The collaboration celebrates fun, freedom, and the spirit of the beach. Reef, known for innovative and comfortable footwear and apparel, will bring its craftsmanship to Life is Good’s signature designs.The two brands, both founded by pairs of brothers, share similar values and the desire to spread good vibes through inspirational art and comfortab

Walmart, a US-based multinational retail corporation, has reported 2.7 per cent revenue growth to $138.3 billion in its first quarter (Q1) FY22 ended on April 30, 2021, compared to the revenue of $134.6 billion in the corresponding period previous fiscal. The company’s net income for the quarter slipped to $2.7 billion (Q1 FY21: $3.9 billion).“This was a strong quarter. Every segment performed well, and we’re encouraged by traffic and grocery market share trends. Our optimism is higher than it w

Coats is the supplier of industrial threads widely used in the knitting sector, has developed EcoRegen, a biodegradable thread. The biodegradable thread supports customers looking to increase their commitment to sustainable production.Coats EcoRegen is made from 100 percent of lyocell, which is a renewable fiber derived from wood pulp with sustainably managed forests. Being regenerate, the fiber is completely biodegradable and compostable due to its cellulosic origin. It is also suitable for a w

The FashionUnited Top 100 Index is the international fashion benchmark index that gathers the 100 largest listed companies worldwide within the apparel and fashion industry. It comprehends the 100 largest quoted companies within the trade by market capitalisation, the aggregated market value is over 1 trillion dollars.SymbolNameMarket CapEPA:MCLVMH$181.13 bNYSE:NKENike$107.83 bBME:ITXInditex$100.41 bEPA:CDIDior$78.73 bEPA:KERKering$75.93 bEPA:RMSHermès$71.49 bNYSE:TJXTJX$51.01 bVTX:CFRRichemont$

Textile Raw Material Price 2021-05-05ItemPriceUnitFluctuationDateCrude Oil WTI65.01USD/Barrel1.80%2021/5/5Crude Oil Brent68.56USD/Barrel1.92%2021/5/5PX877USD/Ton0.11%2021/5/5PTA Buy4760RMB/Ton0.53%2021/5/5PTA Sell680USD/Ton3.03%2021/5/5MEG Buy4770RMB/Ton0.42%2021/5/5MEG Sell612USD/Ton0%2021/5/5CPL Buy13550RMB/Ton0%2021/5/5CPL Sell1970USD/Ton1.03%2021/5/5PC5875RMB/Ton0%2021/5/5Conventional Spinning PA13900RMB/Ton0%2021/5/5High-speed Spinning PA14500RMB/Ton0%2021/5/5ACN14250RMB/Ton-1.04%

Textile Raw Material Price 2021-04-30ItemPriceUnitFluctuationDateCrude Oil WTI63.86USD/Barrel1.46%2021/4/30Crude Oil Brent67.27USD/Barrel1.28%2021/4/30PX876USD/Ton1.62%2021/4/30PTA Buy4735RMB/Ton4.53%2021/4/30PTA Sell660USD/Ton0%2021/4/30MEG Buy4750RMB/Ton-0.73%2021/4/30MEG Sell612USD/Ton0%2021/4/30CPL Buy13550RMB/Ton-0.73%2021/4/30CPL Sell1950USD/Ton0%2021/4/30PC5875RMB/Ton0.43%2021/4/30Conventional Spinning PA13900RMB/Ton0%2021/4/30High-speed Spinning PA14500RMB/Ton0%2021/4/30ACN1440