1) Carter's Inc, a leading maker of children's apparel in North America, plans to open 200 stores in China by 2022, with at least 40 new outlets this year, said its executive on Thursday.It has 12 stores and an online shop on Tmall. It is going to focus on big cities, including Shanghai, Hangzhou and Chengdu. Carter's expects to open 10 to 15 stores in Beijing this year. Michael Casey, Carter's chairman and CEO, said China's baby market size is about $12 billion and will be doubled to $25 billion by the year of 2025 and Chinese consumers have grown more sophisticated and are making more informed purchases in the digital age.
(2017-4-5 China Daily)
2) US lingerie giant Victoria's Secret has finally made a full landing in China. Right under the corporate logo on its website, "Shanghai" sits beside "New York, London", indicating the global brand's three biggest centers on the planet now. Shanghai women can buy the signature VS pushup bras and frilly panties from the four-story flagship store. The brand has also forayed into Chengdu, Sichuan province, in Southwest China. With VS generating 70 percent of L Brand's total revenue, the company singled out "continued investment in China" as a key factor in its earnings forecast. At the Shanghai store, each piece of brassiere costs between 300 yuan ($45) and 600 yuan, at a premium to price tags in the United States or Canada. The higher-end segment of lingerie is enjoying rapid growth in China. If VS can win certain market share in that niche, it will be a notable remedy to its global revenue.
(2017-4-5 China Daily)
3） Adidas Greater China has announced that the company has selected the China Trade Management (CTM) solution by Amber Road to automate and centralise its China General Trade activities. The Adidas group plans to boost its retail sales network to 12,000 outlets in China by 2020, with much of the growth slated for smaller cities. A growing enthusiasm for sports across China has helped Adidas power-up sales in the region, making it one of the most profitable markets for the company. Adidas will be leveraging many functions of Amber Road’s CTM solution to manage this growth opportunity. Amber Road’s CTM InSight function will equip the Adidas China team with self-compliance capabilities, to help them conduct comprehensive and regular internal audits to proactively identify and resolve non-compliance issues with agencies in a timely fashion.
(2017-4-1 Fibre2Fashion)
4） The Government of India is likely to impose anti-dumping duty on import of elastomeric filament yarn from four countries—China, South Korea, Taiwan and Vietnam—as the Directorate General of Antidumping and Allied Duties (DGAD) has concluded in its investigations that the yarn has been exported to India from these countries below its associated normal value. The authority recommends imposition of definitive anti- dumping duty… so as to remove the injury to the domestic industry. The DGAD has recommended duty ranges between $0.15 per kg to $3.44 per kg. It is now up to the ministry of finance to impose this duty. (2017-3-30 Fibre2Fashion)
5) Bangladesh has overtaken China to become the largest denim supplier to the European Union, on the other hand it has become the third largest denim supplier after China and Mexico to the US. Bangladesh exported €567.97 million worth of denim products to the 28-nation bloc -- enough to secure a 21.18 percent market share, the highest during the period January- June 2016. The headway has been possible because of the millions of dollars that the local denim fabrics makers invested to set up state-of-the-art facilities in their plants. A development that would give confidence to the country's garment sector as it looks to hit $50 billon in exports by 2021.
(2017-3-29 YNFX)
1) Vinatex and Itochu Corp signed a cooperation agreement to help Vietnam to promote from Cut-Make-Trim( CMT）to Free On Board(FOB）. According to the strategic agreement, Itochu will play as the consultant of Vinatex and its member companies to help them change the mode of production, and the business project of jointly develop the global market. It will also support the industry develop the supply chain from fiber to yarn, fabric and stitching, retail distribution, and introduces the domestic and foreign partners.
(2017-2-20 tex-asia)
2) According to UK media as one of the world's most main textile producer China rising cost of labor, raw materials and energy, international textile buyers are increasingly separate from Chinese market. Compound annual growth rate for Chinese workers salary is more than 12%, higher than the economic growth, the competitive power is not enough purely form the price. At the same time, China textile industry faces many challenges, including wool and cotton resources input costs rise, basic manufacturing equipment import taxes are high, and the increased costs caused by the environmental regulations. Rising costs are weakening the international competitiveness of the textile industry, as well as the "double whammy" of developed countries with more advanced technology(such as Italy) and lower wages in developing countries.
(2017-2-15 cankaoxiaoxi)
3) After Taiwan's textile industry into Southeast Asia, then expanding territory join "made in America", knitting & dyeing factory of functional fabric and garment manufacturers Hongyuan in North Carolina will produce the first cloth in mid-march and Ethiopia garment factory will be completed at the end of March. Taiwan textile industry in addition to set up factories in Southeast Asia and the mainland, in other parts of the world are not too many factories. Recently affected by the change of international situation, as well as the President of the United States trump’s appeal for "made in USA", textile mills also increase investment factories location. Far east group’s Hongyuan, earlier bought the old plant in North Carolina, refitted, and added new weaving machine. The factory mainly produces cloth, and a small amount of clothing OEM.
(2017-2-13 CNA)
4) Recently, The commercial quality spot check of clothing in the airport and the surrounding duty-free shops by Shanghai Municipal Administration for Industry and Commerce showed that 22 batches were disqualified in total 50 batches. The main unqualified items are color fastness, fiber content and identification marks. Unqualified clothing involved: CK JEANS (4 batch), HERMES (3 batches), ARMANI JEANS (3 batches), UEN SHADI (3 batches), Shanghai story (3 batches), ZhuangRong (2 batches), Qin Yi (2 batches), TINA GI, Felix Buhler, etc.
(2017-2-10 china consumer journal)
5) Under Armour, a sports apparel manufacturer, has launched its first American made capsule clothing series, which is produced in the most advanced UA Lighthouse design and manufacturing innovation center in Baltimore. The Arris Project series includes a pair of women's sports underwear and tights for low impact sports such as yoga, Pilates, and walking. Both products use rapid perspiration system which is well-known by Under Armour to keep the wearer dry and light. Sports underwear uses no elastic band design, very comfortable, and smooth weavy grain joint design, can reduce abrasions and eliminate pressure point, the price is $50. The UA Arris leggings also use no elastic band design, it is lightweight and has a four sided elastic structure to enhance mobility, with a retail price of $120.
(2017-2-15 tex-asia)
1) According to the Nikkei Chinese network reported on January 3rd, China's garment enterprises accelerate the pace to transfer production base to Vietnam due to rising domestic labor costs. Vietnam's labor is much cheaper than China nearly 60%, and geographic location adjacent to China, thus it become the main candidate of production base. In 2009, EPA signed between Vietnam and Japan took effect. In principle, Vietnam exported to Japan textile products will not be levied tariffs, which also contributed to the transfer of production.
(2016-12-02 tex-asia)
2) A few days ago, south Korean online women's clothing brand Instylefit opened a foreign website, for entering the overseas markets. Iits website shows that Instylefit has opened website in China, Japan and South Korea, 90% of its overseas sales are from the Chinese market. It’s known that the sales channels of Instylefit in China mainly Tmall international, Chinese website and B2B export etc. As the overseas market expansion, Instylefit are also seeking to strengthen the supply chain. So, in addition to South Korean factories, Instylefit also have cooperation with the other parts of Asia clothing factories.
(2016-01-04 huanqiuw)
3) Canada apparel manufacturer Gildan sportswear company announced on January 10th, the company won the bankruptcy auction fore $88 million in cash to acquire U.S. apparel retailer American Apparel. Gildan said that the deal will be approved by the bankruptcy court on Thursday. According to the agreement, the company will acquire related intellectual property and part of the manufacturing equipment of American Appareal. However, the company will not acquire its 110 retail stores.
(2016-01-11 FX168 (North America))
4) It’s known that Lario has sold a total of 20 units in the world, China's first LarioSingle - Pass ultra-high-speed digital printing machine will put into the battlefield, its top speed can reach 75 m/min. Digital printing industry is getting closer and closer. Let's go to an Italy digital printing factory-SCR. SCR is a unique textile print company, not only provide printing services for many well-known high-end apparel brands, but also the design and sale their own textile design products. The Lario in SCR can configure activity and dispersion of two kinds of ink on the same machine. Its advantage is that not only can print cotton, wool, silk, but also can print dacron, and ink conversion time only need 10 minutes, while the traditional printing changes version taking 120 minutes. It also eliminates the shortcomings of traditional printing.
(2016-01-11 tteb)
5) Boohoo sales rose 40.2% to 127.3 million pounds year on year in the first half of 2016 (statistics till the end of August this year). Estimated fiscal 2017 earnings will grow 38% to 42% by the end of March 2017. The share price soared 260% in 2016, and become a consumer goods company which stock prices rose the most in Western Europe, its market value of 1.5 billion pounds. Now the fast fashion brand has a hard time all over the world, why British clothing brand Boohoo has not affected by the stagnant trend of fast fashion. It is an e-commerce which can complete the whole process from new style design to the market within 1-2 weeks. Today, Boohootp launched 200 new styles a day on average. For the first release of the new style Boohoot only need one, put on the website according to consumer feedback and deciding whether to produce, and then fast analysis and make batch production adjustment through the consumer behavior data.
(2016-01-6 sjfzxm)
December 2016
1) Vietnam Economy reported on December 14th, the Vietnam Textile Association expects Vietnam's textile and garment exports in 2016 amounted to $28.5 billion. The United States is still the target export market of Vietnam textile and apparel, in 2016 exports to the United States amounted to $11.4 billion which increased 4% year on year. China is the main export market, accounting for 50% of total exports. But after the anti-dumping of Vietnamese yarn by Turkey, yarn export enterprises worry about the risk due to rely too much on the Chinese market.
(2016-12-16 Commerce Department)
2) According to the Italian "qiaobao" report that recently, Italy Venice tax police carried out the raid, confiscation of about 4000 square meters of fabric, worth about 400 thousand Euros. A Chinese and two Italians have also been sued for counterfeit brand-name fabrics. The fabric is stored in company’s warehouse of two Italians, they use them to counterfeit the brand which is known for manufacturing high-end dust coat and overcoat, and will sell to the whole of Italy. In April and June of this year, police have seized 2000 square meters of counterfeit material in Venice and Arezzo. This assault operation seized the source of fake fabrics.
(2016-12-05 chinaqw)
3) The biggest increase in apparel prices for 6 years prompted the UK inflation rate rose to 1.2% in November, higher than 0.9% in October. The CPI inflation rate in Nov reached its highest point since October 2014, at that time was 1.3%. Mike Prestwood who is responsible for the inflation in ONS said” the value of the pound rebounded modestly in November to relieve the inflation pressure of raw materials import enterprises. But due to the cost inflation of clothing and fuel, the consumer prices continue to rise. Haitong Securities senior analyst Tony Shiret said compared with the unseasonably warm in Nov 2015, the weather in Britain this year is more typical. so clothing retailers need not reduce the price to transfer the inventory: "this year clothes on sale will be reduced”
(2016-12-20 BBC)
4) American apparel manufacturer and distributor G-III announced acquisition of DKNY has been completed. CEO Caroline Brown and creative director Dao-Yi Chow & Maxwell Osborne who took office in January 2015 were immediately dismissed, but the brand founder Donna Karan is expected to return.
(2016-12-03 tex-asia)
5) A few days ago, MUJI children's pajamas which Art.No. is E6AP006 didn’t pass a inspection standard by Tokyo welfare insurance regulatory bureau. It is possible to cause children irritability and other skin disease, so begin to recall from Japan. Later MUJI in Taiwan also issued a notice with the recall, in mainland do not have this item number. Although the recall is a positive and responsible attitude to deal with this matter, it is a big blow to consumer confidence that MUJI also has such problem which is famous for its health and quality.
(2016-12-11 tex-asia)