News | Page 4 of 20 | Fashion Blog

23DecDecember 23, 2024

Optimism in north India as weather conditions boost cotton yarn demand

The cotton yarn market of north India experienced a slowdown in the last week of the year, influenced by the holiday season and stable pricing. However, optimism persists as rainy and cloudy weather conditions have increased demand for winter garments, possibly improving cash flow and demand for recycled polyester products in the coming year. The cotton yarn market of north India experienced a slowdown in the last week of the year, influenced by the holiday season and stable pricing. However, optimism persists as...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

China’s electricity consumption up 7.1% YoY in Jan-Nov 2024

China's electricity consumption grew 7.1 per cent year-on-year (YoY) in the first 11 months of 2024, with primary industries rising 6.8 per cent, secondary 5.3 per cent, and tertiary 10.4 per cent, as per the National Energy Administration. Residential power usage saw strong growth of 11.6 per cent, while November usage increased 2.8 per cent YoY, reflecting economic activity. China's electricity consumption grew 7.1 per cent year-on-year (YoY) in the first 11 months of 2024, with primary industries rising 6.8 per cent,...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

India’s Cosmo First launches advanced PPF for vehicle exteriors

Cosmo First launches innovative Paint Protection Films (PPF) for vehicles, featuring advanced scratch resistance, self-healing, UV and chemical protection. The Platinum variant offers 8-mil thickness with a lifetime warranty, while the Gold variant ensures durability with a 5-year warranty. Market trials begin as Cosmo responds to rising demand for premium car protection. Cosmo First launches innovative Paint Protection Films (PPF) for vehicles, featuring advanced scratch resistance, self-healing, UV and chemical protection. The Platinum variant offers 8-mil thickness with a lifetime warranty, while the Gold...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

US trade bodies urge next govt to focus on IP protection, counterfeits

A group of US trade bodies have urged President-elect Donald Trump to convene an inter-agency working group to fight illicit trade, protect intellectual property (IP) and eradicate counterfeits soon after assuming office. It called for supporting passage of the SHOP SAFE Act to incentivise e-commerce platforms to improve their systems to detect and prevent the sale of counterfeits. A group of US trade bodies have urged President-elect Donald Trump to convene an inter-agency working group to fight illicit trade, protect intellectual property...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

Biden signs into law spending legislation averting US govt shutdown

Joe Biden signed a government spending legislation into law late last week, avoiding a potential government shutdown ahead of the holiday season after the US Congress passed it. The legislation would extend government funding until March 14, provide $100 billion for disaster-hit states and $10 billion for farmers, and extend farm and food aid programmes due to expire at the end of the year. Joe Biden signed a government spending legislation into law late last week, avoiding a potential government shutdown ahead...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

Northern India Textile Mills’ Association elects new office bearers

NITMA has elected new office bearers during its 67th AGM on December 21, 2024. Sidharth Khanna, director of Arisudana Industries, is the new president, joined by Munish Avasthi as senior VP and Ujjwal Garg as VP. NITMA expressed gratitude to outgoing leaders Sanjay Garg and Mukesh Tyagi and emphasised a collective vision for the textile industry's growth and development. NITMA has elected new office bearers during its 67th AGM on December 21, 2024. Sidharth Khanna, director of Arisudana Industries, is the new president, joined...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

India’s CCI boosts cotton purchase as prices dip below MSP

In the current season starting October 2024, the Cotton Corporation of India has procured 30.98 lakh bales of cotton due to lower market prices than the minimum support price. With over two-thirds sourced from Telangana, the procurement efforts have increased significantly, especially as farmers opt to sell at government rates, facing a notable price gap. In the current season starting October 2024, the Cotton Corporation of India has procured 30.98 lakh bales of cotton due to lower market prices than the minimum...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

Germany’s Merck KGaA invests $72.8 mn in Shizuoka

Merck KGaA, Darmstadt, Germany, will invest over $72.8 million in a new Advanced Materials Development Center at its Shizuoka site, bringing total investment to $124.8 million since 2021. Opening in 2026, the AMDC will enhance R&D in semiconductor materials, promote sustainability, and support global electronics growth through innovation and collaboration. Merck KGaA, Darmstadt, Germany, will invest over $72.8 million in a new Advanced Materials Development Center at its Shizuoka site, bringing total investment to $124.8 million since 2021. Opening in 2026, the AMDC...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

Second-hand fashion outpaces traditional retail in 2024: Survey

The resale market for apparel, accessories, and footwear grew faster than traditional retail in 2024, with spending surging from -3 per cent in summer to 5 per cent in October. Pure-play platforms like Depop and ThredUp thrived, while brands like Clothes Mentor and Goodwill expanded. Shoppers aged 25–44 and middle-income groups drove growth, seeking budget-friendly options. The resale market for apparel, accessories, and footwear grew faster than traditional retail in 2024, with spending surging from -3 per cent in summer to 5 per...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments

23DecDecember 23, 2024

Global luxury brands deliver balanced performance in Q2 & Q3 FY25

In Q2 and Q3 of FY25, four luxury fashion companies demonstrated a balanced performance. Ralph Lauren and Brunello Cucinelli reported strong results with significant growth in sales and profits across various regions, particularly in Europe and Asia. Conversely, Canada Goose and Salvatore Ferragamo experienced declines in revenue and profits, affected by weak markets in Asia Pacific. In Q2 and Q3 of FY25, four luxury fashion companies demonstrated a balanced performance. Ralph Lauren and Brunello Cucinelli reported strong results with significant growth in sales and...

By UncategorizedFurniture, Guide, Inspiratio, News0 Comments