Global news roundup
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
- The Apparel Export Promotion Council (AEPC) in India aims to increase its market share in countries outside the US and EU from 24 to 35% to help exporters gain a global sustainable market. Brazil, Panama, Israel, Norway, Japan and Australia are among some of the countries Indian apparel manufacturers could venture into. The Council said there is a need to speed up the Free Trade Agreement (FTA) the Indian Government planned with the EU. THE HINDU
- Some 50 textiles spinning mills in Coimbatore, India have teamed up to float the Cotton Sourcing Company (Cosco). The companies intend to buy 18 lakh bales between October and September to cut cotton procurement and transportation costs. The mills, which have a capacity of approximately 20 lakh spindles, said they will be able to pay cotton ginners promptly. Cosco has offices in Gujarat, Maharashtra and Andhra Pradesh. THE TIMES OF INDIA
- Peru's textile and clothing industry has attracted US$1bn worth of investment between from 2007-2012, according to the National Society of Industries (NSI). The sector, which comprises 23,400 companies has adopted "export diversification" to tackle falling demand from the US. Small and medium apparel firms have benefited from this, the NSI said. BERNAMA
- The All India Trade Union Congress (AITUC) and Communist Party of India have protested against foreign direct investment in Indian retail markets and tax holidays for multi-national companies. Protesters demanded minimum wages and pensions for workers. Some activists, who were detailed, were later released. The workers were also urging the government to make the families eligible for life insurance, with educational scholarships for children. THE TIMES OF INDIA
- Some 14 child workers, allegedly trafficking victims, have been rescued from a garment factory in East Delhi following a raid. The children, believed to be between eight and 15 years old, were from Bihar. Over the last six months, the children had been working 15 hours a day in poor conditions without getting paid. THE TIMES OF INDIA
- Low labour cost countries linked to highest risks
- UK reshoring hub hit by sweatshop claims
- New fibre and fabric innovations for outdoor wear
- COMMENT: Skills or new technology?
- Why should brands care about China cotton?
- South Africa to grow grass for recyclable textiles
- US West Coast port contract reached
- 30% of Adidas cotton from sustainable sources
- Activewear driving US apparel spend
- Benetton to embark on living wage roadmap
- Global market review of swimwear - forecasts to 2019
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead
- Apparel Retail: Top 5 Emerging Markets Industry Guide