Saturday, July 26, 2014
Tuesday, June 24, 2014
Did you know that the Carbon Footprints for apparel products can be analyzed?
Carbon Footprints are the greenhouse gas emissions that are caused by an organization, event, person or a product.
Numerous firms have life-cycle inventory databases for analyzing clothing and accessory products to determine how much carbon dioxide they emit. There are life-cycle assessment software tools to carry out the research faster.
Assessing carbon footprints could be helpful for apparel companies to find turn-key solutions and produce more environment-friendly products. These organizations can also specify carbon labels in their products to make consumers aware of this issue.
The Large and Innovative Apparel Industry
Experiments like the one mentioned above are an integral part of the global apparel industry. These lead to innovation and production of apparel items by adding unique and useful elements.
Not just for people, leading apparel corporations like American Apparel has even launched hoodies for dogs! We can find numerous such instances of creative concepts developed by organizations in an endeavor to reach out to untapped markets.
Apparel Updates – U.S and Global
According to the latest update, the growth of U.S. apparel import has been increasing since March of 2014. The U.S. Department of Commerce has recently released data, which says the total apparel imports amounted to $6.7 billion during March this year. It’s a rise of 9% from March 2013.
The website www.emarketer.com predicted that the US retail sales will reach $4.732 trillion in 2014, in which the ecommerce sales will be at a greater-than-ever share of the total sales. The retail ecommerce businesses will have a steady and sustained growth.
From a global perspective, the apparel industry is likely to grow at a steady pace. As per the value forecast made by the market research website www.companiesandmarkets.com, the value of this industry will be around $ 1,162.8 billion with a growth rate of 2.2%.
In terms of apparel product segmentation, the market for global children’s wear is expected to go beyond $186 billion in 2014. Out of which, American companies will hold close to 40% of the market share.
In 2014, the global menswear industry is likely to hit beyond the $402 billion mark. Here too, the U.S. companies will have 35% of the total market share.
Finally, for women’s wear, this industry is expected to do maximum business by exceeding $621 billion in 2014. The widespread apparel industry around the globe is fragmented and highly competitive as even local companies are coming up to tap the regional market and establish their niche.
Setting up an apparel business does not require a large capital expenditure. Many individuals run such businesses successfully with a single, independent retail store. Such convenience is accelerating the growth process, especially in countries like India and China, where the average income is much lower than the western countries.
Leading retail stores such as GAP, H&M, Levis and TJX have their outlets in many countries across the world. They are collaborating with the popular local brands to increase their products’ appeal to consumers. The growth process of this industry is expected to continue with innovative and flexible business strategies.
Saturday, May 31, 2014
The days of glory of the US textile industry faded off during the 1990s and 2000s when the production dropped substantially. Adding to the woes, downsizing of over 200,000 took place due to automation. The turnaround of this industry started recently in 2012, when the industry generated $54 billion as revenues, and employed approximately 233,000 workers. Subsequently, in 2013 companies from various countries such as Canada, China, India, Great Britain and Korea announced the opening of factories.
Some positive trending that has been observed in the following areas:
In the cotton textile industry, China is emerging as the dominant nation. According to the case study published in the May/June 2013 issue of Journal of Business Case Studies, by 2015, China will be importing 47% of the world's cotton production. The United States is now third in terms of the total cotton production in the world. It’s currently the leading exporter of cotton.
The US cotton industry is thriving because of the following reasons:
- Increasing consumer interest in cotton consumption that is leading to more production.
- Influence of international trade on the US Textile industry and its contribution to the economy.
- Impact of innovative technology that is accelerating cotton manufacturing.
This is another area that is thriving in recent times. Home Textiles industry is going through an exciting phase as new styles, colors and textures are invented frequently. It has created an encouraging trend in the world of fashion and apparel. Designers are experimenting in bold colors and prints to have a mass appeal. Also, the affordability and quality of these products have also gone up a few notches.
Tuesday, January 7, 2014
Resource URL: https://www.sourcingjournalonline.com/aafa-releases-twin-reports-apparel-footwear-2012/
Thursday, December 26, 2013
- Usage of chemicals like dyes and fixing agents is greatly reduced
- Landfill space requirement is reduced. Synthetic fibers in landfills do not decompose, woolen garments produce methane gas on decomposition. Thus, landfills can create ecological problems as well.
- Recycled textiles mean less buying of fresh material
- Fibers, when recycled lead to cost savings involved in importing from other countries. This saves time, money and energy resources.
- The manufacturing of new products is easier as recycled material does not need dyeing or scouring.
- Wastage of water is reduced as extensive washing is not required.
- The stress for producing fresh textile resources is also reduced to an extent.
- Used clothing
- Used footwear
- Leather goods
- Cotton, wool, silk, polyester, nylon fiber recycling
- Polyurethane foam
- Carpets, rugs and wipers
- Used bags