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          VF Corporation, a global leader in branded lifestyle apparel, has announced that its Jeanswear division is partnering with the University of North Carolina at Greensboro (UNCG) to bring innovative 3D design technology to the school’s department of consumer, apparel and retail studies to help prepare students for careers in the apparel and retail industries.

 

          VF’s Jeanswear business includes its Wrangler and Lee brands.

 

          The innovative technology provides students with a unique, hands-on opportunity to learn state-of-the-art techniques and processes used in the areas of apparel design, production, and merchandising. The software enables patternmakers and designers to mimic the real-life process of designing and developing products, which means garments can be made in a few hours, as opposed to the weeks it takes to make physical samples, helping companies save time, money and resources.

 

          The UNCG partnership ensures that students entering the workforce are proficient in the use of 3D design technology and possess the skills to work with this advanced software. The use of this technique is increasing across the apparel and retail industries.

 

          UNCG’s department of consumer, apparel and retail studies comprises of more than 300 undergraduate and graduate students. The school will integrate the 3D software into its curriculum, and students will begin using the technology in the Fall 2017 semester. The 3D software at the centre of this partnership is provided by Browzwear, a specialist in 3D simulation for the apparel and fashion industries.

 

          Phil McAdams, president of VF’s Jeanswear coalition said, “As an employer of UNCG graduates, we saw the opportunity to help students advance their career opportunities by equipping them with new apparel technology skills to be used from initial design through manufacturing, merchandising, marketing and consumers’ shopping experiences. In turn, VF maintains a pipeline of work-ready, young professionals who are able to make an immediate contribution to our business when hired.”

 

          Nancy Nelson Hodges, head of UNCG’s department of consumer, apparel and retail studies said, “Our partnership with VF gives our students tremendous opportunities to build on the many other technical competencies they learn in their coursework and gain a competitive advantage when they pursue their careers. It’s really going to transform how we educate students. We’re proud to be part of this exciting project.”

 

Source : http://www.fibre2fashion.com

Move would help to strengthen economic ties throughout the Asia-Pacific region

 

          China should join the Trans-Pacific Partnership as soon as possible to build closer business ties with countries in the Asia-Pacific region and further cut the possibility of trade friction, according to a report by a leading think tank.

 

          The report, released on Thursday by the Beijing-based Center for China and Globalization, said that China should not be absent from the TPP after US President Donald Trump decided to withdraw from the previous 12-nation trade pact.

 

          The report said that once in the TPP, China can improve its business integration in Asia and build better economic relations with Japan, South Korea and countries of the Association of Southeast Asian Nations.

 

          Wang Xin, CCG's deputy director, said that joining the TPP will advance the realization of its vision of domestic reform.

 

          "Widening the TPP exposes the limitations of the multilateral trade system," said Wang.

 

          Zhang Yunling, director of international studies at the Chinese Academy of Social Sciences, said: "It is possible that the US may launch a trade war with China, but it may turn into a bigger and more far-reaching trade war."

 

          The US withdrawal from the TPP has caused other members to readjust their policies regarding whether the TPP should welcome China. Some, including Australia and Chile, have been keen in recruiting China as a TPP member to enhance the degree of integration in the Asia-Pacific region.

 

          "Other TPP members such as Vietnam and Malaysia have also showed their desire to develop the Regional Comprehensive Economic Partnership as alternative to ensure their exports and factory businesses," said Zhu Feng, president of the Institute of International Studies at Nanjing University.

 

          Zhu said the TPP membership will also be practical for China to start talks on the Free Trade Area of the Asia-Pacific with other countries. This would be able to combine the TPP and the Regional Comprehensive Economic Partnership, to put an end to the economic fragmentation in the Asia-Pacific region that undermines economic integration,

 

          Huo Jianguo, former president of the Chinese Academy of International Trade and Economic Cooperation, said to meet the TPP demand, China must adopt measures to promote market-oriented reforms at home to diversify its companies' earning ability, open the market further and improve government supervision.

 

Source : http://www.chinatexnet.com

          In view of Brexit, the change in the US presidency, the US withdrawal from TPP and other events, the global textile and garment industry has had its fair share of politics influencing day-to-day operations lately. This is why Kingpins, the international boutique denim sourcing show, broadcast an expert panel discussion titled "Live: Kingpins Goes to DC: Trump, Trade and the Future of the Global Textile Industry" to explore the intersection between government and the textile and fashion industries.

 

          The first episode in a planned series of discussions on the challenges and opportunies facing the textile and apparel industries was streamed live from Washington, DC in partnership with just-style at 10 am EST on 9th February 2017 and focused on what the current political climate has in store for the global and US denim and apparel industry. Panelists were Julia K. Hughes, president of the United States Fashion Industry Association (USFIA), and Augustine Tantillo, president and chief executive of the National Council of Textile Organizations (NCTO). Robert Antoshak, managing director of Olah Inc., hosted the discussion.

 

          While speaking about the recent changes in the US textile and fashion industry and President Donald Trump's support of manufacturing in the United States, Hughes pointed out that jobs are created by trade and that offshore manufacturing supports jobs in the US as well. Tantillo countered by stating that 60-65 billion US dollars of the industry's output are produced in the US. "It is good to have an administration that acknowledges a baseline interest in nurturing it," he said, confirming that "our commitment is here."

 

Yarn forward rule: boon or bane?

          Asked about trade agreements like NAFTA and if updates were needed, Hughes considered updates in general a good idea but cautioned against certain points, for example taxes on goods for Mexico or changing things that work in the international supply chain. Tantillo pointed to the 'yarn forward rule of origin' (which determines that the yarn used to form the fabric must originate in a NAFTA country) as a "great success" but cautioned that its benefits should go to signatory countries and not to non-signatories like China for example.

 

          Hughes added a different perspective: "While there are US companies that are successful because of the yarn forward rule...it also holds back the western hemisphere supply chain because it is not nimble", pointing to those products outside of Mexico and Canada that are currently not available in the supply chain, thus holding back US manufacturers.

 

          Asked if trade relations would suffer in terms of possible re-negotiations between Mexico, Canada and the US and a potentially tough policy towards China, Hughes pointed to the fact that currently 41 percent of industry imports come from China. "China is important and it is interesting that the current administration has not taken any action against China yet", Hughes stated.

 

          Tantillo countered by pointing to the many problems when doing business with China, from intellectual property issues to subsidies, an undervaluation of the currency and production techniques that are unacceptable in the western hemisphere in terms of workers' lives and environmental protection. "It is refreshing to have finally have someone say that China has made a tremendous impact but question if they got their fairly or if they are maintaining that market share through fair and balanced practices," he said.

 

Is TPP dead?

          In terms of the TPP, both panelists agreed that though the TPP may not be dead yet, it "is in a very deep hibernation at this point and may not come out of it"; a "Friday-the-13th kind of existence" as Tantillo put it. He pointed out that most countries already have a bi-lateral trade agreement with the US, while TPP members like Japan, Vietnam and Malaysia do not and may not make good candidates, as on the other hand Japan and possibly Great Britain would. According to Hughes, the US needs to be engaged and be aware of so many trade agreements that are already there. "We don't want to be left behind; we need to stay a global country," she said.

 

          Last but not least, managing editor of just-style, Leonie Barrie, submitted the question how companies in the industry should deal with the current uncertainty. "My advice right now: be calm," said Hughes. "What can we do with our sourcing strategy? Store closings are affecting us, what's the impact of e-commerce? ... We need to stay calm, don't jump on behalf of a tweet," she advised. "Be as good as you can be in terms of innovation and product quality," added Tantillo.

 

Source : http://www.chinatexnet.com

          Last year, Vietnam’s total export turnover was $175.9 billion, an increase of 8.6% over the previous year. This year, the ministry has set an export turnover target of $188 billion for 2017, or 6.9% higher than last year.

 

          The ministry said telephones and spare part exports were expected to reach $39 billion, representing a 13% year-on-year rise, and the products with highest export turnover in 2017, VNS reported.

 

          The garment and textile products would follow with export turnover of $25 billion or 6% higher than that of last year.

 

          Electronics, computers and spare parts are forecast to achieve export turnover of $22 billion, increasing 19% from last year.

 

          The exports of shoes, seafood and fruits would also contribute high export turnovers of $14 billion, $7.5 billion, and $3 billion respectively.

 

          Minister of Industry and Trade Tran Tuan Anh believes that in 2017 import-export turnover would continue to increase thanks to the signing of a number of free trade agreements and FDI inflows shifting from other countries to Vietnam. Participation in the ASEAN Economic Community would also bring opportunities to the country by expanding its export markets as well as increasing competitiveness.

 

          Statistics from the ministry showed that last year Vietnam exported 25 products, with turnover of more than $1 billion each. In 2016, the country reported a trade surplus of $2.68 billion, accounting for 1.52% of its total import-export turnover.

 

          Vietnam’s export turnover to its traditional markets including Asia, Europe and the US saw positive growth last year. The export turnover to the US saw the highest growth rate of 13.2%, followed by Europe with 11.3% and Asia with 6.9%.

 

Source : https://financialtribune.com

          Textile entrepreneurs in the country's largest man-made fabrics (MMF) hub are looking to emulate their counterparts of Tirupur in Tamil Nadu, by manufacturing knitwear fabrics and garments.

 

          Thanks to efforts of Southern Gujarat Chamber of Commerce and Industry (SGCCI), a couple of leading knitwear manufacturers in Tirupur have expressed interest in establishing units through joint ventures with the city's textile entrepreneurs.

 

          A team of two experts from SGCCI have been tasked with carrying out a detailed study of the Tirupur knitwear hub, which accounts for 90% of the country's knit-wear exports. The experts will submit their report to SGCCI next week.

 

          Tirupur has over 6,000 sophisticated textile units including circular knitting units and textile process houses, using state-of-the-art technology imported from Taiwan. Installed capacity is 20,000 machines, manufacturing over three crore metres of fabric per day with and an annual export turnover of Rs 25,000 crore.

 

          A delegation of SGCCI led by president B S Agarwal visited Tirupur to understand their success story and emulate their knitted-wear manufacturing in Surat.

 

          "Demand for knitted cotton fabrics is increasing from western countries like Europe and the US. Manufacturers in Tirupur are looking at extending their units and entrepreneurs here can serve them better," said SGCCI president, B S Agarwal.

 

          Agarwal added, "The entire industry in Tirupur uses spun yarn and our industry uses filament yarn. There is a need to enter the spun yarn category and start manufacturing knitted fabrics, which are in high demand in the world. This way, entrepreneurs will be able to increase their fabric exports."

 

          SGCCI is planning to hold a seminar to educate textile entrepreneurs on seizing the opportunity from Tirupur.

 

          Dinesh Zaveri, a textile industry expert, said: "Circular knitting is the most sophisticated method of producing high-quality knitted fabrics. The machines cost between Rs 1 crore and Rs 3 crore. In a small 15x15 feet area, the machine can produce over 1,500m of cloth per day. It is a golden opportunity for textile entrepreneurs here to enter joint ventures and start manufacturing knitted-wear fabric."

 

He added, "Knitted fabrics are used in to make vests, undergarments, sandos, socks etc."

 

Source : http://timesofindia.indiatimes.com

          The Council of the European Union has unanimously decided to abolish autonomous quotas on imports of Belarusian textile products. This will help Belarusian exports to the EU of certain textile and apparel items, including cotton fabrics, trousers, blouses, shirts, underwear, coats, raincoats, jackets, dresses, skirts, knitted outwear and linen fabrics.

 

          The EU had imposed quotas on import of 33 Belarusian textile items in 1993. Subsequently, quota was abolished on 13 of these 33 items in 2009.  The decision to remove quotas depended on several factors—the extent to which Belarus would get traction on accession to the WTO, the agreements it would sign with the EU, and the scope for integration of Belarusian light industry in the Europe’s one.

 

          The EU Council’s decision came after the draft decision on abolition of autonomous EU import credits for Belarusian textile products was approved by the European Parliament on January 19 this year, and by the Committee of Permanent Representatives (COROPER) on February 1.

 

          Terming the EU Council’s decision as a positive signal for both EU and Belarusian businessmen, Dmitry Mironchik, spokesman for the Belarusian ministry of foreign affairs, said, “We welcome the EU Council's decision to abolish the autonomous quotas on imports of textiles and clothing originating in Belarus. The decision is in sync with the agreements between Belarus and the EU to improve bilateral relations.”

 

           “We do not overestimate the economic effect from the abolition of the abovementioned quotas. However, the decision seems to be a positive signal for businessmen of Belarus and the EU encouraging European companies to cooperate with the companies of the Belarusian light industry, including in the field of investment,” Mironchik added.

 

Source : http://www.fibre2fashion.com