31 August 2023, Mumbai

A study by JOOR found that Adidas is the most misspelled fashion brand, with an average of 556,000 online misspellings per month. Chanel and Swarovski are in second and third place, respectively.

Other commonly misspelled brands include Louis Vuitton, Versace, Jacquemus, Asics, Christian Dior, Moncler, Bottega Veneta, Tommy Hilfiger, Lacoste, Tag Heuer, Vivienne Westwood, and Dolce and Gabbana.

There are a few reasons why fashion brands are often misspelled. One reason is that the names of these brands are often made up of foreign words or phrases. Another reason is that the names of these brands are often long and complicated.

Whatever the reason, misspelling a fashion brand can have a negative impact on the brand's reputation and its ability to attract customers. So, if you're thinking of starting a fashion brand, make sure to choose a name that is easy to spell and remember.

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25 August 2023, Mumbai

Lycra FitSense is a water-based dispersion of the Lycra brand polymer that can be applied onto fabrics and garments to provide localized power enhancement, resulting in shaping and compression benefits.

The printable variant of the Lycra brand technology is underpinned by a global patent portfolio related to print technologies that modify garments for shaping purposes, achieved by altering the stress-strain characteristics of fabrics. Furthermore, Lycra FitSense technology benefits from trademark protection.

• Its primary application is found in various garment types including shapewear, activewear, swimwear, intimate apparel, and leggings. By utilizing this technology, lightweight single-layer printed fabrics are capable of delivering advantages typically associated with double-layer or heavier fabrics, thus minimizing material usage. This technology facilitates superior garment construction through precise, lightweight support.

Unveiling

Lycra Company is introducing a campaign to strengthen the protection of its intellectual property in connection with the Lycra FitSense technology.

The company has an array of patents and patent applications concerning the use of aqueous polyurethane dispersions, encompassing matters of composition, production methods, applications, and the benefits of this technology.

The company has recently enlisted proficient legal advisors based in Shanghai to pinpoint infringements of Lycra FitSense technology, affirming the intention to exhaust all available avenues to address patent and intellectual property violations.

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14 August 2023, Mumbai

Bangladesh started it's new fiscal year 2023-24 on July 1, 2023. The export data for the first month of the new fiscal year is now available.

RMG exports grew by 17.43% in July 2023

During July FY 2023-24, Bangladesh's total ready-made garment (RMG) export stood at US$ 3.95 billion, up from US$ 3.37 billion dollars in the same period of FY2022-23. This represents a year-over-year growth of 17.43%.

Woven garment exports grew by 11.54%

RMG export earnings from woven garments grew by 11.54% and reached US$ 1.68 billion from US$ 1.51 billion in July FY 2022-23.

Knitwear exports grew by 22.24%

At the same time, Bangladesh's knitwear export grew by 22.24% year-over-year and reached US$ 2.27 billion during the mentioned period.

The global economic outlook is mixed

The growth in Bangladesh's RMG exports is certainly impressive. However, the global economic outlook is mixed. Inflation has started to ease off in Bangladesh's major export markets, but the economic indicators are still not very strong.

In addition, the import of apparel by the United States and the European Union is showing a major downtrend.

Cautious optimism for the rest of 2023

Given the mixed global economic outlook, it is difficult to forecast the market for RMG exports for the rest of 2023. It is possible that apparel and overall global trade may see some dip compared to last year.

CREDITS: BGMEA Press Release.

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28 August 2023, Mumbai

Apparel Group, a prominent force in the fashion and lifestyle sector, proudly presents an exclusive collaboration with esteemed Emirati artist Aysha Al Hamrani, known as @Mnawrah.

The exquisite artwork, titled 'Shaping the Nation of Dreams,' magnificently portrays Emirati women as the pillars of the nation, embodying resilience, unity, and spirit.

The constellation of seven stars symbolizes the harmony among the emirates, with each woman empowering and collaborating for a brighter future. In honor of Emirati Women's Day, 41 Apparel Group stores at Dubai Hills Mall host special in-store celebrations, cultivating an atmosphere brimming with appreciation, recognition, and solidarity, further accentuating the vital role Emirati women hold.

Mrs. Sima Ganwani Ved, Founder and Chairwoman of the Apparel Group, shares, "Emirati Women's Day transcends an annual observance; it encapsulates our profound commitment to lauding the remarkable accomplishments of Emirati women.

This year's theme, 'We Collaborate for Tomorrow,' seamlessly resonates with our vision of an assorted, inclusive, and united society. Our partnership with Aysha Al Hamrani underscores our deep regard for the contributions of Emirati women to our community."

This collaboration unfolds against the impactful backdrop of "We Collaborate for Tomorrow," a theme introduced earlier this year by Her Highness Sheikha Fatima bint Mubarak, the "Mother of the Nation." Beyond its powerful message, this theme perfectly aligns with the UAE's "Year of Sustainability," as declared by His Highness Sheikh Mohamed bin Zayed Al Nahyan.

It accentuates a mutual aspiration for innovative solutions that address global challenges and harmonizes profoundly with Apparel Group’s values of diversity, empowerment, and inclusivity.

Apparel Group's commemoration of Emirati Women's Day underscores its unwavering dedication to acknowledging and uplifting the pivotal roles women assume in society. Through solidarity and creativity, the Group persists in its commitment to a future where women's achievements are consistently exalted.

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18 August 2023, Mumbai

The Government of the United Kingdom has introduced a new tariff scheme titled “Developing Countries Trading Scheme (DCTS)”.

This scheme replaces the EU GSP scheme under which Bangladesh used to access the U.K. free of duty.

Benefits of the DCTS for Bangladesh

Under the new scheme, Bangladesh’s RMG products will continue to enjoy duty-free market access in the U.K.

The DCTS will make it easier to enjoy duty-free market access using imported raw materials.

Comparison with the EU GSP Plus scheme

The DCTS is similar to the EU’s GSP Plus scheme, but it does not include a textile safeguard provision.

This means that Bangladesh's apparel products are less likely to be subject to tariffs in the future.

Commitment to social and environmental standards

Bangladesh is committed to continuing to improve its social and environmental standards.

The DCTS recognizes this commitment and does not impose any additional requirements in this area.

Importance of the UK market for Bangladesh

The UK is the third largest export destination for Bangladesh. In the last fiscal year, Bangladesh exported US$5.02 billion worth of clothing to the U.K.

Growing interest from British clothing brands and retailers

British clothing brands and retailers are increasingly interested in sourcing from Bangladesh.

This is due to the progress that Bangladesh has made in improving its social and environmental standards.

Quick Message

• The DCTS is a positive development for Bangladesh. It will help to boost exports and create jobs. Bangladesh is committed to making the most of this opportunity.

CREDITS: BGMEA Press Release.

Latest Textile Events

11 August 2023, Mumbai

Get prepared for the upcoming academic year with Apparel Group's comprehensive selection of must-have items for a successful semester. From trendy clothing and accessories to cozy footwear and delectable nourishment, we've got you covered. Ensure you're equipped for your university journey with these essential back-to-school items:

Backpack:

An indispensable companion for carrying your books, notes, and personal items, a high-quality backpack is a necessity. Opt for the durability and style of Herschel backpacks, such as the Herschel Retreat Rucksack.

Footwear:

Stay comfortable and keep up with your demanding schedule by selecting Toms sneakers. These shoes offer a blend of fashion and comfort, like the Toms Natural Undyed Canvas Women Valencia Espadrille.

Apparel:

Present yourself confidently on campus by assembling a collection of fashionable outfits. Discover a diverse array of stylish attire perfect for university life at New Yorker.

Accessories:

Elevate your look with chic accessories. Explore F5 Global's assortment of athleisure wear, which seamlessly combines comfort and style for a polished appearance.

Nourishment:

Maintain your mental and physical well-being with nourishing meals. Sushi Library's assortment of poke bowls and refreshing summer quenchers provide convenient, health-conscious options for a quick bite.

With the back-to-university essentials from Apparel Group.

Latest Textile Events

28 August 2023, Mumbai

In Brief

The Brazilian lingerie brand, Mari M, has participated in Curve NY since 2018. In the June edition of this year, the brand presented its new Blooming collection with floral designs.

The prints were a hit with buyers, and the company was able to secure new business with both old and new customers.

Latest Textile Events

18 August 2023, Mumbai

A panel discussion on the latest trends in apparel manufacturing and the role of technology was held in Dhaka.

The event was hosted by Centric PLM, Intent 360, and Groyyo Consulting.

Key takeaways:

• PLM software can bridge the gap between buyers and manufacturers. It can be used to share information about designs, materials, and production schedules, improving collaboration and efficiency.
• PLM is becoming increasingly adopted by manufacturers. Buyers are demanding more collaboration, agility, and transparency, and PLM software can help manufacturers meet these demands.
• Bangladesh's apparel manufacturing industry needs to adopt new technologies. The industry is facing increasing competition, and new technologies like PLM software can help it remain competitive.
• The RMG market should transition to sustainable innovations. Technologies like 3D printing and automation can help reduce waste and improve efficiency, making the RMG market more sustainable.

The event was well-attended by members of the RMG industry. The discussion highlighted the importance of technology in the future of apparel manufacturing and provided insights into how manufacturers can adopt new technologies to stay competitive.

Latest Textile Events

07 August 2023, Mumbai

The Office of Textiles and Apparel (OTEXA) of the U.S. Government has released trade statistics for the textiles and apparel sectors.

Multiple data points

The data shows that Bangladesh's apparel exports to the USA grew by 36% in 2022, reaching US$9.74 billion. This makes Bangladesh the third largest apparel supplier to the USA, behind China and Vietnam.

China remains the top apparel supplier to the USA, with a market share of 21.75%. However, its apparel exports to the USA grew by only 10.83% in 2022. Vietnam is in second place, with a market share of 18.26%. Its apparel exports to the USA grew by 28.46% in 2022.

Competitiveness

Bangladesh's apparel exports to the USA have been growing steadily in recent years. This is due to several factors, including the country's competitive labor costs, its growing infrastructure, and its compliance with international labor standards.

Bangladesh is looking to further increase its apparel exports to the USA. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is working with the American Apparel & Footwear Association (AAFA) to make trade between the two countries easier.

The BGMEA is also urging the US Government to consider duty-free market access to the USA for garments made of US cotton.

Conclusion:

Bangladesh's apparel exports to the USA are growing rapidly. The country is well-positioned to further increase its market share in the USA in the coming years.

CREDITS: BGMEA Press Release.

Latest Textile Events

26 August 2023, Mumbai

The Yarn Expo Autumn 2023 will be held from August 28th to 30th, 2023 at the National Convention and Exhibition Center in Shanghai. The event will feature over 500 exhibitors from around the world, showcasing a wide range of innovative yarns, fibers, and sustainable offerings.

The fair will be divided into six zones:

• Cotton Yarn Zone
• Chemical Fibre Zone
• Fancy & Specialty Yarn Zone
• Linen and Ramie Yarn Zone
• Wool Yarn Zone
• Cashmere Yarn Zone

The highlights of the fair include the:

• India Pavilion, showcasing an eclectic range of products from India, including pure cotton carding to compact spinning, woven yarns to synthetic filament yarns.
• Uzbekistan Pavilion, spotlighting premium Uzbek cotton yarn.
• Pakistan Zone, featuring seven prominent suppliers from Pakistan, including Abtex International and Fabcot International.

The fair will also host a number of events, including:

• The New Fibre New World – Textile Materials Innovation Forum, which will explore the latest trends in textile materials.
• The Reborn – China Fibre Zero Carbon Action Display Zone, which will showcase the latest sustainable textile technologies.
• The Tongkun – China Fibre Fashion Trends Display Zone, which will present the latest fashion trends in yarn and fiber.
• The China Fibre Fashion Trends Display Zone and Forum, which will discuss the future of the textile industry.

The Yarn Expo Autumn 2023 is a must-attend event for anyone involved in the textile industry. The fair is a great opportunity to learn about the latest trends, meet with suppliers, and find new products.

Here are the subtitles in a more concise format:

• Overseas Yarn Zone: Over 100 suppliers from 14 countries.
• India Pavilion: Eclectic range of products from India.
• Uzbekistan Pavilion: Premium Uzbek cotton yarn.
• Pakistan Zone: Seven prominent suppliers from Pakistan.
• Fancy & Specialty Yarn Zone: Latest in-season yarn trends.
• Functional Chemical Fibre Zone: Environmentally conscious, functional, and fashionable products.
• Natural Cotton Yarn Zone: Nearly 50 cotton spinning enterprises.

Latest Textile Events

14 August 2023, Mumbai

• EU Market
  • Export to the EU increased by 5.88% to US$ 13.97 billion.
  • Six countries showed significant negative year-on-year growth: Germany, Lithuania, Malta, Poland, Slovakia, and Slovenia.
  • Export to Denmark, France, Italy, and Spain increased by 11.90%, 16.05%, 29.64%, and 21.82% respectively.
• USA Market
  
  • Export to the USA declined by 9.14% to US$ 4.97 billion.
• UK Market
  • Export to the UK increased by 14.11% to US$ 3.10 billion.
• Canada Market
  • Export to Canada increased by 7.74% to US$ 900.57 million.
• Non-Traditional Markets
  • Export to non-traditional markets increased by 29.66% to US$ 5 billion.
  • Japan is the top destination with export of US$ 984.19 million, up by 48.69%.
  • Other non-traditional markets with positive growth include Australia, India, South Korea, China, Brazil, and Turkey.
  • UAE and Chile saw a decline in export.

Overall, the RMG export performance for Jan-July 2023 is positive, with the exception of the USA market. The non-traditional markets are showing encouraging growth, especially Japan, India, and South Korea.

CREDITS: BGMEA Press Release.

Latest Textile Events

04 August 2023, Mumbai

Bangladesh retained its position as the world's second-largest apparel exporter in 2022, with its share in the global apparel market climbing to 7.87% from 6.37% in 2021.

Consistency

This is the first time that Bangladesh's share in the global apparel market has crossed the 7% mark.

The growth of Bangladesh's apparel export was driven by a number of factors, including the country's competitive wages, strong infrastructure, and political stability.

The government of Bangladesh also played a key role in supporting the growth of the apparel industry, providing tax breaks and other incentives to garment manufacturers.

Navigating

In 2023, the growth of Bangladesh's apparel export is expected to slow down due to a number of factors, including the global economic slowdown and the rising cost of raw materials. However, Bangladesh is still well-positioned to remain a major player in the global apparel market.

The country has a large and skilled workforce, and it is making investments in new technologies and sustainable manufacturing practices.

Share in the global apparel market climbs

• The growth of Bangladesh's apparel export was particularly strong in the United States and European Union markets.
• Bangladesh surpassed China's share of the European Union apparel market in volume in 2022.
• The government of Bangladesh has set a target of reaching 12% of the global apparel market share by 2030.
• Bangladesh is making investments in new technologies and sustainable manufacturing practices to remain competitive in the global apparel market.

CREDITS: BGMEA Press Release.

Latest Textile Events