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Denim Premiere Vision will be held in France from April 26 to 27, 2017. Among the show’s exhibitors are weavers, laundries, manufacturers and accessory makers. Garment manufacturer M&J will disclose a special software through which one can measure and exactly certify how much water is employed when treating and finishing a pair of jeans. Advance Denim will launch a new thermo-regulating and breathable fabric that can be 100 per cent recycled.
The show will offer a new innovation strategy in order to focus more on new projects, on the younger generation and on technology. The event will be closely involved with the market, the industry and brands. The aim is to infuse the sector with a new vitality by creating the denim of tomorrow.
A new interactive space will present Fall/Winter 2018-19 trends offering a mix of physical and digital experiences, climatic performance, thermal activation, luminosity, augmented reality, robotics and connected technologies.
There will be innovative products embedding new technology like a jacket providing the sensation of caress on the wearer’s shoulders, a windbreaker equipped with portable solar panels, garments integrated with sensors, jeans that can guide the wearer with special vibrations. With a new 3-D software jeans can be designed and linked with productive platforms directly.
Earnings and Ebitda margins of Indian textile and apparel exporters will be hit in the near term following the rupee's appreciation against the dollar and weak apparel imports from traditional markets like the US and the UK. Ebitda margins are expected to erode around 150 basis points year-on-year in the fourth quarter ended March 2017.
Ebitda margin -- earnings before interest, tax, depreciation and amortisation divided by total revenue -- is a gauge of a company’s operating profitability. A stronger rupee is likely to have an adverse impact on export volumes and earnings since fresh orders will reduce competitiveness. Realisations are expected to shrink by three to five per cent in the near term and impact profitability of companies across the textile value chain.
The unabated strengthening of the rupee vis a vis the dollar in the current calendar year has increased the challenges of the textile and apparel industry. Export realisations may be dented due to the strong rupee. Over 70 per cent of India’s textile and apparel exports are dollar denominated. Export-oriented apparel manufacturers with unhedged receivable positions will be hurt the most due to their geographically concentrated (US and Europe) earnings profile, low market share and restricted bargaining power with their global clients.
Australian shorn wool production for the 2016-17 season is expected to be 4.3 per cent higher than the 2015-16 season. Excellent seasonal conditions in virtually all major sheep producing areas of mainland Australia have resulted in higher average wool cuts per head this season. High wool prices in the past few months have also encouraged producers to retain older sheep to help rebuild their flocks and for shearing.
The increase in shorn wool production compares with a 4.7 per cent increase in the weight of wool in the first nine months of 2016-17 and a 6.4 per cent increase in the first hand offerings of wool at auction. Some wool, particularly ultrafine wool, has been released from the stocks held on-farm and also from stocks held in broker’s stores in response to the high prices.
For the 2016-17 season to March, there has been a significant increase in the weight of wool tested between 20 microns and 24 microns and declines in the volumes of 17 micron and 18 micron wool. This probably mainly reflects the excellent seasonal conditions. There has also been a significant fall in the volume of 26 to 30 micron wool. The mean fiber diameter for Australia to March was 21 microns, the same as in 2015-16.
Textile exporters fear their names might figure in the Reserve Bank of India's (RBI's) caution list after April 20, 2017, deadline for updating shipping bills by banks. They have urged the banking sector regulator to remove the names of companies with a good track record as it would prevent them from exporting.
The Cotton Textiles Export Promotion Council (Texprocil), has requested an update in the centralised banking system before making the caution list for pending shipping bills public. The EDPMS (Export Data Processing and Monitoring System), which was introduced by the RBI to monitor payments against export bills, requires all banks to report in this system details of the export proceeds realisation pertaining to the shipping bills which was filed after February 28, 2014.
Ujwal Lahoti, Chairman, Texprocil has said a lot of shipping bills against which payments have already been realised and the electronic bank realisation certificates (e-BRCs) have been issued by the concerned banks. But EDPMS is yet to be updated by the banks. For no fault probably many textiles exporters will find their names appearing in the caution list after April 20, 2017. Texprocil has taken up this matter with RBI and some decision is expected.
From March 1, 2014, to March 1, 2016, RBI granted temporary exemption up to April 20, 2017, to exporters whose importer-exporter code (IECs) were appearing in the caution list in the EDPMS and whose outstanding shipping bills were less than 30 per cent of the total value of shipping bills for the period. Exporter’s name may appear in the caution list on EDPMS after April 20, 2017, based on the latest position of outstanding export receivables. Thus, exporters would face severe hardships in dispatching consignments abroad once their name appears in RBI's caution list.
The National Council of Textile Organizations (NCTO) has applauded President Trump’s April 18 executive order directing the Federal government to maximize ‘Buy American’ opportunities and review compliance with existing ‘Buy American’ laws and regulations. At a meeting NCTO President and CEO Auggie Tantillo thanked President Trump for making ‘Buy American’ a priority. Tantillo further added buying American is good for the country, US textile industry and for American jobs.
Tantillo says, NCTO have a longstanding policy of supporting Buy American laws. And they intend to work with the Trump administration to help it improve implementation and enforcement of these job creating statutes and regulations.
Since 1941, a ‘Buy American’ law applying to the Department of Defense (DOD) has been supported by American troops, strengthened national security, and incentivized US textile industry investment and innovation. Tantillo added this has been a concrete example of how Buy American laws benefit the US economy and its workers, noting that DOD sourced roughly $1.5 billion in textiles and clothing last year under the Berry Amendment.
The Berry Amendment, 10 U.S.C. 2533a, requires the Department of Defense to buy textiles and clothing made with 100 percent US content and labor. The Kissell Amendment, another Buy American law, 6 USC 453b, requires the Department of Homeland Security (DHS) to buy US made textiles and clothing but currently is only applied within DHS to the US.
NCTO is a Washington-based trade association that represents domestic textile manufacturers.
Patagonia believes the environmental crisis has reached a tipping point. And its mission is to build the best product, cause no unnecessary harm, use business to inspire and implement solutions for the environmental crisis. The brand is committed to reducing greenhouse gas emissions, defending clean water and air, and divesting from dirty technologies.
Patagonia grew out of a small company that made tools for climbers. Alpinism remains at the heart of a worldwide business that still makes clothes for climbing – as well as for skiing, snowboarding, surfing, fly fishing, and trail running. The approach Patagonia takes toward product design demonstrates a bias for simplicity and utility. The company donates time, services and at least one per cent of its sales to grassroots environmental groups all over the world who are working to reverse the steep decline in the overall environmental health of our planet.
The company co-founded Sustainable Apparel Coalition in 2009 with a vision to join an apparel, footwear and home textile industry that produces no unnecessary environmental harm and has a positive impact on the people and communities associated with its activities. Patagonia aims at reducing the environmental impact of its company and supply chain and supporting regenerative practices in ranching and agriculture and envisioning a new approach to business.
IGATEX will be held in Pakistan, April 26 to 29, 2017. This is a garment and textile machinery and accessories exhibition. The exhibition will give exhibitors and visitors an opportunity to see latest innovations in the textile sector. More than 550 exhibitors from around 35 countries including Canada, China, France, Germany, Italy, United Kingdom, and United States of America will participate.
The expo will introduce latest technology, machinery and auxiliary equipment which will provide business opportunities and add value to Pakistani textile exports. The event introduces businesses to the latest expertise and will also generate trade benefits besides increasing foreign investments and spending through business visits by international delegates. Ultimately this will increase product value, which has an overall positive impact on the economic activity in Pakistan.
IGATEX Pakistan 2017 would be a professionally enriching experience for textile machinery manufacturers, providing them an opportunity to directly market their equipment to quality buyers and decision makers. The show will include working and stand alone demonstrations of various cutting edge industry tools and technology.
Considered as one of the top 10 textile exporting countries of the world, Pakistan is the fourth largest producer of cotton yarn and cloth, and the third largest player in Asia with a spinning capacity of five per cent of total world production.
Lenzing has been awarded the bio based certificate for its manufacture of acetic acid, furfural and magnesium lignosulfonate by the US Department of Agriculture. These three products are derived totally from wood, a natural and renewable raw material.
Lenzing, known for its high ecological standards, produces dissolving pulp at its sites in Austria and the Czech Republic. All the valuable raw materials are extracted from the wood within the framework of a cascading use. Acetic acid is derived from beech wood in the pulp production process, is recovered in several process steps and processed into high quality, food-grade acetic acid, for example, for the food industry. Furfural is a product utilized as a solvent in the refining of lubrication oil, to name one example. Magnesium lignosulfonate is found in animal food or fertilizers.
The certification of bio based products is part of the bio preferred program implemented by the USDA. It is designed to motivate government institutions and companies to purchase bio based products or those which largely consist of biological materials.
Tencel fibers have already been certified as bio based since 2011. Lenzing supplies textile and nonwoven industries with high-quality botanic cellulose fibers, ranging from dissolving wood pulp to standard specialty cellulose fibers.
Kumar Mangalam Birla is exploring entry into carbon fibre production, a high-strength and light-weight composite material expected to be a $4.7 billion global business by 2022.
The Aditya Birla Group, the $40 billion mining-to-mobile phone carrier conglomerate, might buy the technology to manufacture carbon fibre at one of its existing overseas manufacturing facilities. It was also stated one could buy a carbon fibre plant from another company if the technology is too complex to be adapted at Birla plants
Carbon fibre is finding increased traction among defense manufacturers and automobiles makers that seek strong, high-tensile, heat-resistant and light materials. According to an allied market research report the market for carbon fibre dubbed a ‘wonder material’ it is estimated to be more than double to about $4.7 billion by 2022 from $2.2 billion in 2015,.
Johnson Imode, a London-based analyst with Bloomberg Intelligence points out saying that the main positive is that it’s a much lighter material versus competitors such as steel or aluminum. This can be made for energy and efficiency savings for customers. The demand from the automobile sector is particularly high as designers aim to make cars both lighter, stronger and less polluting
The applications for the material range from aircraft and spacecrafts to racing cars, sailboat masts, wind turbines and even golf clubs. Imode estimates the market could grow as much as 10 per cent annually.
The fabric and accessories trade show Munich Fabric Start will host a feature called Munich Apparel Source. Munich Apparel Source is based on the assumption that apparel production and sourcing cannot be considered separately any longer. Since the textile and fashion industry’s requirements in terms of manufacturing processes and sourcing are increasingly sophisticated, as well as highly complex from the logistics point of view, a synergy between Munich Fabric Start and a show like Munich Apparel Source, focusing on production and the supply chain, was felt to be necessary.
Munich Apparel Source will showcase the products and services of some 200 specialists in production and sourcing from North Africa, Asia and Europe, and will also feature a series of seminars and analyses of industry case studies. Both trade shows will be held together in Germany from, September 5 to 7, 2017.
Stability, reliability and continuity have helped Munich Fabric Start’s steady growth. The edition held early this year communicated great energy to visitors and insiders with a series of seminars and events and a pool of innovative ideas and products. The Bluezone area - with refreshed trend areas and booths – registered a lively attendance. The Catalyst and Keyhouse – confirming their focus on high-quality manufacturers, mostly from Europe – also attracted attention from denim and fashion insiders.
