Search Results for: hong Kong
10 results out of 906 results found for 'hong Kong'.
BANGLADESH PLANS TO TAP INTO UNTAPPED FANCY LINGERIE MARKETS OVERSEAS
The Bangladesh innerwear industry has been witnessing robust growth in the past decade and this outsourcing hub is now competing effectively with its major rival China. The production value of the country’s intimate wear jumped from US216 million in 2012 to US1.078 billion in 2021, according to a report from data service Statista (1).…
BANGLADESH APPAREL INDUSTRY BUYERS MUST ENSURE FAIR PRICE, SAYS NEW INDUSTRY ASSOCIATION BOSS
As the global clothing industry is reviving from Covid=19 slump, Bangladesh apparel manufacturers are at last reaping the benefits, industry is also bearing the fruit. In an exclusive interview with Just Style, the new president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hasan noted that the Bangladesh clothing industry suffered a reduction in its exports of USD6 billion from USD34.13 billion in financial year (FY – July-June) 2018-19 to USD27.95 billion in FY 2019-20 and a year-on-year drop of clothing exports worth nearly USD1.5 billion in financial year (FY) 2020-21 (July 2020 to June 2021) (1).…
CHINA’S POWER CURBS SENDING RIPPLES THROUGH TEXTILE-GARMENT SUPPLY CHAIN
Curbs introduced by the Chinese government on the use of electricity within the country have been significantly disrupting the textile supply chain, creating anxiety among garment manufacturers even beyond China’s borders.
These challenges have unfolded after the powerful National Development and Reform Commission (NDRC) on September 16 unveiled a plan stipulating that China will firmly control energy-hungry and high-emission industrial projects.…
TEXTILE AND CLOTHING SECTOR WARNS OF JOB LOSSES IF USA PUSHES ETHIOPIA OUT OF AGOA
Ethiopian textile and clothing managers and workers are worried that the USA may expel their county from the African Growth and Opportunity Act (AGOA) trade access, as armed conflict continues in Tigray.
The US Trade Representative Katherine Tai has said America would “soon” decide on Ethiopia’s status under AGOA, which gives its clothing and textile exporters duty-free access to the United States.…
WILL CHINA PAY TRILLIONS OF DOLLARS FOR THE CORONAVIRUS MISTAKES?
The Covid-19 coronavirus outbreak was declared a pandemic on March 11, 2020, by the World Health Organization (WHO) after it spread from Wuhan, China, across the globe. As yet, the world does not know for sure how and why the virus was released.…
DEEP DIVE – BODY MAPPING TECHNOLOGY
INTRODUCTION
The concept of bespoke tailoring and couture has long been regarded as the apex of clothing and textile making, given that it matches a garment closely to its wearer and intended use. Until now, such personal apparel has inevitably been expensive, given runs are individualised – indeed, bespoke has been the antithesis of mass-produced fast fashion.…
COVID-19 PANDEMIC INCREASES DEMAND FOR CLOTHING SECTOR BODY SCANNERS
More than two decades have passed since the first 3D body scanners were developed for the apparel industry, but technologists and designers continue to find new ways to hone the systems in response to rising demand among brands and manufacturers for direct-to-consumer sales.…
HONG KONG RISK EXPERTS WARN THAT INCREASED TENSIONS WITH BEIJING COULD HARM TERRITORY’S CLOTHING SECTOR
A recent warning by the US government against investing in Hong Kong because of the strengthened Chinese security presence may weaken Hong Kong’s standing as a major centre for sourcing clothing and textile goods from mainland China, observers in the Special Administrative Region say.…
CHINA ‘GUOCHAO’ NATIONALISTIC DESIGN IS STRENGTHENING DOMESTIC PERSONAL CARE PRODUCT MANUFACTURERS’ MARKET POSITION
For evidence that China’s nationalistic ‘guochao’ consumer trend is gathering pace in the personal care product sector, look at the country’s powerful e-commerce sector. In February 2021, the turnover of cosmetics on China’s Taobao platform was Chinese Yuan Renminbi CNY14.7 billion (USD2.3 billion), a year-on-year increase of 11%, with the top brand in sales being the guochao-oriented personal care product brand Hangzhou-based Florasis Hua Xizi.…
CHINESE GUOCHAO PRODUCTS STRENGTHENING AS MARKET NICHE – BUT YET TO CHALLENGE INTERNATIONAL BRANDS IN CHINA
China’s ‘guochao’ trend is picking up ever more steam, and observers warn that it might push foreign clothing brands’ China sales out of the comfort zone before long.
Guochao, which literately translates into ‘national tide’, is mainly captivating China’s Generation Z, whose expenditure accounts for 13% of average household income, compared with 4% in France and Germany, according to a survey cited by the South China Morning Post in April.…