ClimateChange

Zydex Selected for Apparel Impact Institute's Climate Solutions Portfolio

Textile innovation leader Zydex is proud to announce its selection for the Apparel Impact Institute's Climate Solutions Portfolio (CSP).

This recognition underscores Zydex's commitment to sustainable fashion.

Join our group

Zydex's Epricon printing system revolutionizes the industry with ultra-soft prints that eliminate the need for harmful washing processes. This technology not only reduces environmental impact but also enhances efficiency and print quality. Successfully implemented in India, Epricon is now expanding its reach globally.

By partnering with Aii, Zydex pledges to transparently share data on its environmental benefits and collaborate with industry peers to drive sustainable practices. Dr. Ajay Ranka, Zydex Chairman, expressed excitement about accelerating positive change through this collaboration.

Zydex invites fashion brands and manufacturers to explore the Epricon solution and join the movement towards a more sustainable fashion industry.

Visit for more

 
 
 
 
ExportsImportsScenario

Overview of Latest Apparel Consumption and Trade Data for Major Supplier and Buyer Nations

Snapshot of Latest Apparel Consumption and Trade Data:

Apparel Imports: A mixed bag for major apparel importers in May. While the EU bucked the trend with a 17% year-on-year (YoY) increase to $6.9 billion, other key markets experienced declines: US (-8% to $6.0 billion), UK (-13% to $1.4 billion), and Japan (flat at $1.8 billion). These figures align with retailer inventory data, which shows a significant decrease in stockpiles compared to the previous year.

Join our group

Apparel Exports: Export performance was also varied. China, the world's apparel factory, saw a slight 1% YoY decline to $14.5 billion. Bangladesh experienced a steeper drop of 17% to $3.4 billion, while India bucked the trend with a 13% YoY increase to $1.2 billion.

Apparel Retail: US apparel store sales in June 2024 are estimated to be 5% higher than the same period last year, with home furnishing sales up 4%. However, the UK saw a 2% decline in apparel store sales to £4.6 billion.

Economic Indicators: While US inflation eased slightly from 3.2% to 3% in June, consumer confidence is at a low point, and unemployment remains high. These factors continue to hinder consumption recovery.

CREDITS: Wazir Advisors key global markets & India-July 2024 report

Visit for more

Image