Textile Briefs International


1. The global market for denim jeans is expected to touch $79.2 billion by 2022, driven by the expanding urban population, an increase in white-collar employees, changing perceptions about ‘executive wear’ and the resulting acceptance of jeans as business casual attire for men and growing number of women in the workforce.

2. Leading fashion brands including H&M and Zara have boycotted a key industry conference in Bangladesh in support of garment workers who have been sacked or jailed for participating in wage strikes. H&M, C&A, Tchibo and Inditex which owns Zara - all top clients of Bangladesh's $30-billion garment industry have pulled out of the Dhaka Apparel Summit, the signature annual event in the global textile hub.

3. Australia reports that by the end of 2016–17 shorn wool production is forecast to be 5% higher than last year, reflecting flock rebuilding across the sector supported by good pasture growth on the back of 2016 rainfall. The national sheep flock is forecast to increase to 73.6 million head in 2016–17 and to continue increasing to around 83 million head by 2021–22.

4. The production of raw jute in Bangladesh is estimated at around 90 lakh bales in 2016-17 season, a section of jute mills in Bengal are concerned about the poor grades of raw jute stock of around 40 lakh bales that are still with traders and stockists and is yet to arrive in the market, affecting the quality of finished jute bags.

5. Ministry of Textiles in India has announced that the entrepreneurs active in manufacturing of the made-ups and garments will be given 10% subsidy on capital investment under A-TUFS Scheme (Amended Technology Upgradation Fund Scheme).

6. Terry towels coming from the Indian factories accounted for almost 21% of the world market. With another 19% share in the bed linen market, India stands as a leading supplier to the US..

7. The demand for Australian wool is continuing to grow in major international markets for high end imported clothing, like the EU and the US. The demand is forecast to grow more strongly in China, the world's largest producer and exporter of woollen clothing and textiles. Increasing domestic consumption of luxury woollen textiles is also a factor pushing wool demand in China.

8. Kyrgyzstan plans to create a full cycle of industrial production to develop its textile industry especially sewing. Kyrgyzstan’s sewing industry consists of small and medium-sized enterprises and provides about 160,000 jobs. The sewing industry is improving the skills of workers and upgrading production facilities and equipment. The industry is now planning to enter new markets like Germany and Belarus.

9. The international textiles buyers are increasingly switching away from China, and back to Western suppliers, as rising labour, raw material and energy costs make the world's dominant producer more expensive. China remains a world leader in textiles, employing over 4.6 million people, contributing a tenth of GDP and with exports, including apparel, of $284 billion in 2015.

 

 
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