Colour Chronicle - June 2013

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GLEANINGS FROM THE PRESS format retail’s impact on small merchants in a niche segment. – Fashion United, April 10, 2013 Indian govt Urges cotton yarn producers to cut prices Textiles Ministry of India has called on the domestic cotton yarn producers to maintain the prices of their produce at low levels, so as to avert any negative impact on any of the textile industry segments, particularly the powerloom sector, ZeeBiz said quoting PTI. During a stakeholders meeting held to discuss the issues confronting the country’s textile and apparel industry, Textiles Secretary Zohra Chatterjee urged the cotton yarn producers to reduce prices to avoid the need for any Government intervention, Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said. Over the past few weeks, cotton yarn prices have experienced a sharp rise of about 20 per cent causing several powerlooms to face difficulties, consequently leading to job losses. This is because local garment exporters procure orders four to six months in advance quoting prices on the basis of cotton yarn prices then prevailing in the market. But now as the cotton yarn prices have gone up unexpectedly, all their calculations have gone wrong, and they cannot even add new profit margin, as most of the times the orders have been grabbed amid tough competition, the AEPC Chairman explained. – fibre2fashion, April 11, 2013 Delhi To host ICAHT-2013 this September The 9th International Conference on Apparel & Home Textiles (ICAHT-2013) organised by OGTC, would be held on September 20 and 21, 2013 at India Habitat Centre in New Delhi. The underlying theme of the conference is based upon creative thinking. Through this cross-disciplinary event, the idea is to explore creativity and the creative process through the lenses of imagination and innovation. According to an estimate, the global apparel industry will reach a value of 1,800 billion dollars (` 96,66,000 crores) by the end of 2013. This is inspiring apparel manufacturers to adopt new techniques to increase trade. New business models and competitive strategies are being used to enhance profits. – Fashion United, May 5, 2013 Indian textile sector Keen to explore emerging markets Indian textile and garment manufacturers are eyeing on emerging markets, including South America, Japan, Australia, New Zealand and Africa, for exports. According to industry representatives, Indian textile sector witnessed a negative growth mainly due to decline in clothing exports in 2012-13. However, exports to non-traditional markets recorded positive growth during this period and the textile and apparel makers expect the growth to continue in the current fiscal year. Speaking to fibre2fashion, secretary of Confederation of Indian Textile Industry (CITI), D.K. Nair said, “Last fiscal year may have ended with a negative growth in exports of textiles, basically because of the decline in garment exports. But now the demand for our garments has started improving in the traditional markets and exports to some new markets have also started growing. Thus, our exports of textiles during 2013-14 are expected to register a significant positive growth.” – fibre2fashion, April 6, 2013 Freecultr, Lecoanet Hemant Team up for new collection The Fashion Freedom Project by Freecultr delivers innovative design collaborations leading to commercial concepts that benefit its consumers. In the first series of its collaborations, designer Lecoanet Hemant has designed a capsule collection targeted at a wider audience and delivered at affordable price points with perfect fits. “This collaboration marks a new and exciting chapter in our world of fashion. It bridges the design aesthetic of our luxury offering in menswear with the innovation and reach of our favourite e-high street brand – a new voice for our vision,” says Hemant Sagar. The collection focuses on freedom of expression for every age wardrobe. Inspired by the urban man who loves to travel, the collection consists of semi-casual shirts, trousers, T-shirts and shorts in pastel colors and travel bags to complete the look. – Fashion United, May 8, 2013 Raymond Sets focus on growth and profitability After focusing on consolidation and margin improvement for a year, apparel maker Raymond intends to return its sights to growth and higher profitability in the current fiscal year. Raymond’s newly appointed chief financial officer M. Shivkumar has indicated that the company’s net debt may go up by ` 150-200 crores this fiscal owing to the company’s capital expenditure plans. Around ` 342 crores of debt is due for repayment in the third and fourth quarters of 2013-14, which will be replaced by longterm debt, or other loans, he said. Raymond appointed consultancy Accenture Plc last year for a margin improvement programme and consolidated its apparel business structure to improve cost efficiency. These measures have resulted in the firm boosting cash flow from operations by 42 per cent to ` 326 crores in the year ended March, according to brokerage Phillip Capital (India). – Fashion United, May 8, 2013 Corneliani partners OLS Luxury for India business Corneliani has chosen to partner with OLS Luxury, the luxury division of the Orissa Stevedores group, owned by the Mishra family. The company is also reported to be 22 COLOUR CHRONICLE__JUNE 2013
GLEANINGS FROM THE PRESS in talks with other big luxury names to help them enter the Indian market. Over the past few years, Corneliani has opened four stores in India: one in New Delhi, two in Mumbai and one in Bangalore and looking at further expansion in the country in places like Chandigarh, Kolkata, Pune and Chennai to develop a strong retail network in at least seven or eight of the prime 14 Indian cities. This is merely a first step for OSL Luxury into the fashion segment, as they aim to bring a number of renowned brand names into the market. With its Italian suit-making expertise and exclusive fabrics from manufacturer Biella, the company has strong growth potential in India. The brand recently unveiled its Spring/Summer’13 collection consisting of nappa leather trench coat with laser openwork, washed with natural enzymes to give it a well-worn and light look. The fabrics are made by weaving shot silks and linens together and are inspired by winter tweeds. Colours are light in cool tones from mastic to brown and pearl grey, as well as total white and total black. – Fashion United, May 8, 2013 Texprocess 2013 Innovative IT solutions IT solutions rank among the most important driving forces of innovation in the apparel industry and support the entire value chain from raw materials to retail sales. Employing the latest information technology, resources and energy can be used efficiently and production processes made more transparent and accelerated. At Texprocess, Leading International Trade Fair for Processing Textile and Flexible Materials, in Frankfurt am Main from 10 to 13 June 2013, IT companies will present their newest software systems for the apparel industry in Hall 4.0. The IT Texprocess, Successful Software Solutions for the Fashion Industry market place offers manufacturers and users an optimum platform for discussing important issues with colleagues and business partners. At present, the attention of IT professionals is focused on continuity, interfaces, cloud usage, virtual fashion design and tablet and smartphone solutions. Besides IT, the product spectrum at Texprocess covers the entire process chain from design and cutting, via sewing, joining, embroidery and knitting, to finishing, dressing, printing and logistics. At the Leading International Trade Fair for Processing Textile and Flexible Materials, around 300 manufacturers from all over the world present their solutions for the challenges facing tomorrow’s fashion industry. – Fashion United, May 8, 2013 Do U Speak Green Taking the green cause beyond India Do U Speak Green has become India’s first webstore selling eco-friendly product range. “We aim to make Do U Speak Green the world’s best eco clothing brand. We have a turnover of ` 50-60 lakh at the moment, and our growth rate is 40 per cent year-on-year,” says an optimistic Shishir Goenka, Director, Do U Speak Green. The brand launched three years back is witnessing steady growth in a challenging market, where awareness about ecofriendly clothing is gradually setting in. “Domestically it’s a big challenge for us but we are growing slowly and the percentage has increased especially in certain markets. We wanted to contribute a part of our sales to environmental conservation, so we thought the best way to do this would be using natural fabrics and also the style should promote concern for the environment. If you see our website, the triple bottom line approach where we try to help socially, environmentally and economically. So we have a graph there,” explains Goenka. The brand has a strong presence online and has a few stores stocking organic products in cities like Goa, Delhi and Mumbai. “We are also present in some 10-12 Mahindra Holiday resorts and export to Europe, the US, Australia,” he says. Do U Speak Green is registered as a trade mark brand in Europe, US and Canada. – Fashion United, May 8, 2013 COLOUR CHRONICLE JUNE 2013 IMPRESSUM Publisher CLARIANT CHEMICALS (INDIA) LIMITED. COMMUNICATIONS SERVICES Kolshet Road, Gate no. 2 P.O. Sandoz Baug Thane 400 607 WWW.CLARIANT.IN Editor-in-Chief Prabhat Trivedi prabhat.trivedi@clariant.com Contributing Editors/Writers Rajendra Gode Tushar Choudhury U.S. Shashikeerthy Nirmal Punjabi Consulting Editor Philips Abraham Artwork, Design Support mail@pointnpixel.com Print Service multiple.studio@gmail.com Picture credits All photos by Clariant except cover page and page nos. 1, 2, 6 and 15 from shutterstock.com To submit story-ideas, call us at +91 22 2531 5487 or email: rajendra.gode@clariant.com For private use only © Clariant 2013. 23 COLOUR CHRONICLE__JUNE 2013
Page 1 and 2: A Clariant Chemicals (India) Limite
Page 3 and 4: TEXTILE FEARLESS GREEN, BLUE AND TU
Page 5 and 6: TEXTILE See for yourself 100 Simply
Page 7 and 8: TEXTILE Summary of the key features
Page 9 and 10: TEXTILE Fibre Properties Dye affini
Page 11 and 12: TEXTILE Clariant Showcases Advanced
Page 13 and 14: 50 2012 Towards sustainable textile
Page 15 and 16: PAPER Chemistry Explained How is pa
Page 17 and 18: LEATHER More than meets the eye Cla
Page 19 and 20: GLEANINGS FROM THE PRESS Global Cot
Page 21: GLEANINGS FROM THE PRESS on the bra

Colour Chronicle - June 2013

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