RMG exports were to the tune of USD 803.37 million in June 2020 with a decline of 34.84 per cent against the corresponding month of June 2019, which was USD 1232.87 million. Cumulative RMG exports in dollar terms during April-June, 2020-21 is USD 1446.31 million registering a decline of 65.32 %.
In rupee term export for the Month of June 2020 was Rs 6083.70 Cr. as against Rs. 8560.93 Cr. in June 2019 with a decline of 28.94 per cent. RMG Exports in Rupee terms during April-June, 2020-21 is Rs. 10955.42 Cr. registering a decline of 62.23%. Continue reading India’s Ready -Made Garment (RMG) Export Update for FY (April-June) 2020-21
UKFT campaign to promote a better understanding of sourcing, production and the benefits of UK manufacturing
The UK Fashion & Textile Association (UKFT) has broadly welcomed the government’s “Bounceback plan for the UK’s Consumer and Retail Industry” but said that substantially more support is urgently needed for exporters, manufacturers and brick and mortar retailers to save UK jobs. Read the details of the Bounceback plan here.
The key elements of the Bounceback are: the launch of a Consumer and Retail Export Academy, support for companies with their ecommerce strategy, showcasing Brand Britain at a number of key international events including the Tokyo Olympics and the World Expo in Dubai. UKFT has always been supportive of these kinds of national promotions, but this activity is not new. Continue reading UKFT response to the Minister for Exports’ Bounceback Plan for Exports
Wednesday, September 16, 2020
Adolfo Domínguez’s sales fell 67% between March and May despite growing 52% ‘online’
- Up to 92% of stores were closed during the quarter.
- The firm launches a new website to strengthen its ‘e-commerce’ during the pandemic.
Sales of the Adolfo Domínguez group fell by 67.3% between March and May 2020 due to the Covid-19 crisis, which forced up to 92% of its points of sale to be temporarily closed in the first quarter of 2020 /twenty-one. The company’s online store, the main source of income during the global lockdown, grew by 52.3%. The firm continues to reinforce its investments in innovation and technology, with the renewal of its website, which now includes artificial intelligence and an online personal shopper to adapt its offer to customer purchases. Continue reading Recovery: Adolfo Domínguez’s sales fell 67% between March and May despite growing 52% ‘online’
Friday, September 18, 2020
Escorpion has presented BB Escorpion filling the 080 Barcelona Fashion catwalk with optimism and freedom
The Escorpion firm, a benchmark in the international knitwear sector thanks to the sophisticated design and heritage of its collections, has participated in this latest edition of the 080 Barcelona Fashion catwalk.
In a unique location, the Sant Pau Modernist Campus and in an innovative digital format where exclusive content has been offered, the Igualada firm has presented “BB Escorpion”, a collection for the next SS21 season set in the long summers of the decade of the seventies. Continue reading The Escorpion firm, a benchmark in the international knitwear sector @ 080 Barcelona Fashion catwalk
Saturday, September 19, 2020
Inditex donates 750,000 garments through UNHCR for humanitarian needs of refugees. The retail value of the garments reaches 13.5 million euros.
Inditex is going to donate 750,000 garments of its different brands to the Spanish Committee of the High Commissioner of the UN Agency for Refugees (UNHCR) for distribution in seven camps in Rwanda where around 149,000 displaced people are sheltering, mostly from the Democratic Republic of the Congo and Burundi. Through this initiative, which the company develops in collaboration with various suppliers, 139,571 units have been shipped in August; 111,048 will leave before the end of September and the rest, until the donation is completed, will do so before January 31, 2021, fully assuming the transport to the African country. The retail value of the donated products reaches 13.5 million euros. Continue reading Inditex donates 750,000 garments through UNHCR for humanitarian needs of refugees The retail value of the garments reaches 13.5 million euros
September 23 and 24 in Porto
The event, scheduled for the next September 23 and 24 in Porto, will bring together the greatest exponents of the Portuguese textile and clothing industry in the incomparable Alfândega do Porto venue.
The organizers of the fair have confirmed the presence of more than 100 exhibitors who trust that the event will allow them to accelerate the recovery after the first months of the Covid-19 pandemic. Continue reading Modtissimo challenges the coronavirus with more than 100 exhibitors to accelerate the recovery
Brussels, 15 September 2020 – EURATEX issued a position paper on the revision of the Generalised Scheme of Preferences (GSP). EURATEX believes that the scheme should be simple to apply, predictable and encourage exports diversification.
EURATEX publishes a position paper on GSP regulation, where it advocates for a series of changes to be considered in the forthcoming revision. Continue reading Euratex Stands For A Clear And Predictable GSP Regulation
The 72nd edition of MBFWMadrid has turned off the lights of the catwalk after having received the visit of around 6,000 visitors. The Spanish fashion catwalk organized by IFEMA has celebrated its most special edition surrounded by rigorous security measures, which have made it possible to carry out the shows with the public, and also ensure the dissemination of its exclusive content to the whole world through its new digital platform , a project framed within IFEMA’s commitment to the hybridization of its events. Continue reading MBFWMadrid receives around six thousand visitors
Image from the 2018 edition
Between now and next September 22, about 100 firms, 64% international, participate in VBBFW 2020 , the event organized by Fira de Barcelona that today launches a new digital format with the aim of ratifying its role as a meeting point and engine business of the bridal industry in the world.
The retransmission of the shows can be viewed through the VBBFW App , the digital platform designed with the collaboration of La Fura dels Baus that will allow future brides and fashion lovers from all over the world to see the latest collections and also , will facilitate connections between companies and professionals in the bridal industry globally. Continue reading Valmont Barcelona Bridal Fashion Week launches its digital edition with 24 fashion shows and almost 100 brands
Imagine a plant that could curb world hunger, clothe and heal the world and boost the economy. Turns out that plant already exists.
Industrial hemp refers to the non-psychoactive (less than 1% THC) varieties of Cannabis Sativa L. Over the years, hemp has been unjustly demonized due to its association with marijuana, but this good seed is shedding a bad name. As promising research and mass interest grows in what many are calling a “miracle plant,” hemp is making a comeback of global proportion.
Ecofibre Limited’s Announcement Submitted to the Australian Securities Exchange (ASX)
Ecofibre Limited (Ecofibre, Company) (ASX:EOF, OTC-NASDAQ Intl Designation: EOFBF) is pleased to announce that it has completed the acquisition of TexInnovate, a portfolio of five businesses with deep technical expertise across a broad range of high-performance textile disciplines.
Ecofibre Chairman Barry Lambert said, “I congratulate our CEO Eric Wang and his team for completing the acquisition of such an important asset that will underpin the future growth and success of Hemp Black.”
“On behalf of the Board, I would like to welcome Jeff Bruner and his highly skilled team and look forward to their continued success as part of the Ecofibre family.” Continue reading Ecofibre Limited completes acquisition of TexInnovate to accelerate commercialisation of Hemp Black