Red Sea disruption sees apparel shippers switch to air.
By Alex Lennane | 19/01/2024 https://theloadstar.com/high-fashion-red-sea-disruption-sees-apparel-shippers-switch-to-air/ It has begun. Forwarders are finally seeing air cargo demand rise as shippers look to avoid the disruption in the Red Sea – with garment makers leading the way. Xeneta said today shippers in retail and apparel were beginning to switch to airfreight. Volumes from Vietnam to Europe spiked 62% in the […]
Marks & Spencer initiate digital transformation of clothing operations
by Apparel Resources News-Desk 16-January-2024 | Apparel retailer Marks & Spencer has embarked on a digital transformation journey by teaming up with o9 Solutions, a software platform provider. The collaboration aims to overhaul M&S’ Clothing using o9’s AI-powered Digital Brain platform. This initiative is part of M&S’ strategy for sustainable growth, streamlining merchandise planning, sales stock and […]
Lankan apparel exports to Australia far below potential -SLACC
Daily News | Shirajiv Sirimane | January 8, 2024 Sri Lankan apparel exports to Australia are far below potential as only around USD 26 million (from a total of around USD 4 billion) are exported while there is huge potential to double it, said Sri Lanka Australia Chamber of Commerce (SLACC) Founder/President Kalum De Silva. […]
Global fashion brand winners and losers in 2023
Just Style shares the successes and failures across the fashion industry over 2023 and how brands ranging from Zara and H&M to Nike and Shein fared during the year. Hannah AbdullaDecember 22, 2023 Fashion companies during 2023 were hungry for growth and looked to realise those ambitions predominantly through aggressive acquisition sprees, ramping up efforts […]
Apparel sector eyes US $ 1bn exports to India in next few years
DailyMirror – By SHABIYA ALI AHLAM Sri Lanka’s apparel sector has no major hopes for export earnings reaching the US$6 billion level this year; however, it is striving to bag a bigger market share in its neighbouring giant, a top official of a leading apparel maker in the country said. Brandix Group Managing Director Hasitha Premaratne noted […]
Indian Textile Association to host sustainability event in Jan ’24
INSIGHTS The Textile Association (India), Mumbai unit, has announced that it is organising an international conference titled ‘Sustainability and Circularity—The New Challenges for The Textile Value Chain’ on Wednesday, January 31, 2024, at The Lalit hotel, Mumbai. In order to appraise the Indian textile fraternity including the designers and the fashion schools about new circular […]
Bangladesh RMG exports to US dip 23.33% in Jan-Sep, India’s dip 21.91%
INSIGHTS Bangladesh’s apparel exports to the United States fell by 23.33 per cent year on year (YoY) to $5.78 billion in the first three quarters this year amid slow demand in the latter. Such exports stood at $7.54 billion during the same period last year. India’s RMG exports to the US market in that period […]
Ethical Fashion Trade Groups Push Bangladesh Prime Minister on Minimum Wage
By 16 November 2023 Organisations representing more than 2,500 international brands, retailers and suppliers said the country’s new minimum wage for garment workers is too low to basic needs. Ethical fashion trade groups representing more than 2,500 international brands, retailers and suppliers have written to Bangladesh Prime Minister Sheikh Hasina to express concerns over controversial […]
82% of US shoppers to buy online in 2023: Survey
INSIGHTS The number of consumers in the US planning to do at least some of their holiday shopping online rose to 82 per cent in 2023, as per a survey. Overall, consumers plan to do more of their holiday shopping online this year, up to 47 per cent from last year’s dip below in-store plans […]
SLASA Bulletin | MAR 2022
