Category: News

  • Arvind Fall 20 Collection @ Denimsandjeans Vietnam

    Arvind Fall 20 Collection @ Denimsandjeans Vietnam

    Continuing our series of articles on collections being displayed by exhibitors at the 4th Edition of Denimsandjeas, we bring you the details of Arvind Fall / Winter ’20  collection - COOLTURE. The collection explores a reinterpreted Indigo culture that, according to Arvind ,  is cool, conscious and captivating. Arvind describes the Cool collection in their own words. 

    INNOVATION

    DEEP SATURATED INDIGOS

    • Azurite : The  indigo blue for a true denim lover- a line of premium, super saturated indigo fabrics with both warp and weft that are Indigo dyed.

    LIGHT AND WARM

    • Tissue : A disruptive innovation in the field of Jeanswear using an unconventional technology. These denim inspired fabrics are super light, yet offers superlative warmth retention.

    DESIGN

    TRADITIONAL MEETS MODERN

    • Ikat : Denims designed with differentiated aesthetics that resemble traditional textile art form of Ikat.

      This path breaking dyeing technology is , as per Arvind, substantially more sustainable than the traditional dyeing technique.

      IKAT DENIM flyer

      IKAT DENIM flyer

    SOFT SURFACES

    • Neo Cord : Indigo inspired cords. An amalgamation of traditional corduroy sensibilities with authentic, rebellious and young denim aesthetics.

    SUSTAINABILITY

    NATURAL BLENDS

    • Zero Denim : A distinctive denim range digs deep into our DNA of sustainable lifestyle. This evolved denim breaks free from cotton production which consumes 20,000 litres of water per kilogram. Zero denims are woven in eco-friendly yarns like tencel, wool, kapok, recycled and biodegradable polyester

      ZERO DENIM

      ZERO DENIM

    RECYCLED

    • Renaissance : Fashion and Nature goes hand in hand with this concept of sustainable denim by reducing environmental impact through the use of post-consumer waste.

      RENAISSANCE FLYER

      RENAISSANCE FLYER

    BUSINESS MODEL

    SPEED TO MARKET

    • Denim express :  A category where season less fashion meets accelerated speed to market. Denim express is a hand-picked collection of extremely versatile denims for everyone, across all age-groups. This range is supposed to be always available in stock.

      denim express 2.0 FINAL

      denim express 2.0 FINAL

       

    • Eco Swift : A future forward approach to denim construction and laundry process that render the finished product being eco-friendly, as well as substantially shrink the manufacturing lead time. Most relevant for mass customization and last mile differentiation.

    Don’t miss to register to see Arvind’s collection at Denimsandjeans Vietnam. Click below :  

  • REPLAY’s Expansion In India By Reliance Brands

    REPLAY’s Expansion In India By Reliance Brands

    REPLAY’s Expansion In India By Reliance Brands | Denimsandjeans

    REPLAY’s Expansion In India By Reliance Brands | Denimsandjeans

    REPLAY’s Expansion In India By Reliance Brands | Denimsandjeans

    Reliance Brands , a subsidiary of Reliance Industries India , is now set to expand the Italian Denim brand – REPLAY in India. The target is to open four stores and increasing the count to ten by 2021. The first exclusive store is opened in Gurgaon, Delhi  following the future inaugurations that will take place in various other parts of Delhi NCR and Mumbai. The company will also  put forward the REPLAY’s denim collection on the Relaince owned e-commerce platform Ajio.com.

    Reliance Retail has a portfolio of over 40 international brands, including Kate Spade, Muji, Steve Madden, Superdry, Diesel, Hunkemoller, Iconix, Juicy Coutur , Gap etc, that spans across the entire spectrum of luxury, bridge to luxury, high–premium and high–street lifestyle. Reliance Retail operates over 661 stores for these international brands and continues to partner with new and revered international brands. The strong brand portfolio reinforces Reliance Retail as a partner of choice for best international brands.

    Next year, Replay will also retail via Reliance Brand’s multi-brand store outlet- The White Crow – which currently has a store in Ahmedabad. Indians have now started spending on brands and that creates a huge market for these international brands in India .The growing competition in the apparel and branded market of denims leads the big and international brands to set their paths in different parts of the world including the developing nations.

    “Contrary to belief premiumisation of denim is happening at a very fast pace, especially among male shoppers,” said Manu Sharma, business head, Replay India, at Reliance Brands Ltd.

    Replay will retail in India starting INR 7,999 (About $ 110)  for a pair of denim, going upwards of INR 20,000 (about $ 300) .

    “One thing in India is to get the pricing right…we have tried to match the entry price points available for the brand globally,” Sharma added.

     Replay has been going through tough times in its European and other operations and it is eagerly seeking international markets for a lifeline . It remains to be seen if India can be that life saver market for REPLAY

  • More Jeans In The US Wardrobes : NPD Study

    More Jeans In The US Wardrobes : NPD Study

    The new report by US-based NPD Group stated the increase in the Jeans market in the USA in 12 months ending in February 2019. The women in the US are making space in their closets that is evident from their purchase of 22 million more pieces in 2018 as compared to in 2017. A total of 364 million pairs of women’s jeans were purchased in the U.S with more than half purchased on sale. Marshal Cohen, the chief industry advisor for The NPD Group, said:

    “The recent growth in women’s jeans is good news for the industry—women want to wear more than just leggings and yoga pants,But, the emphasis on quantity and discounting means marketers need to find new ways to inspire the women’s jeans consumer, and deliver product that compels them to take their purchase to the next level.”

    Off-price unit and dollar sales are both up almost 30 percent in the 12 months ending February 2019 – now representing 17 percent of unit sales and driving the majority of women’s jeans growth. The specialty store channel, which includes retailers like American Eagle, H&M, and TopShop, accounts for over a third of women’s jeans annual sales and experienced unit growth of 6 percent compared to the previous 12 months. This makes the jeans a primary reason for shopping for women.

    Though there is a decline in the in-store sales of women’s jeans sold, online sales are driving the increase of 32 % in the number of jeans purchased through e-commerce means since 12 months. According to the NPD’s Checkout E-commerce information reveals, online women’s jeans buyers are also spending more and purchasing more frequently. The average online annual spend per buyer on women’s jeans was 4 percent higher than the previous year, and they purchase women’s jeans on average of twice a year. Chen also added,

    “The denim consumer has changed.Manufacturers and retailers are now faced with the challenge of strengthening the consumer’s passion for jeans to ensure they are more than a commodity in their eyes.”

    Let’s have the look at the percentage increase in various indexes in the jeans market of US for 12 months statistically:

    Indexes

    % Increase In 12 Months In US Denim Market

    Off-Price Unit

    30 %

    Dollar Sales

    30 %

    Unit Growth By Specialty Store Channel

    6 %

    Number Of Women’s Jeans Being Purchased Through E-Commerce Channels

    32 %

    The Average Online Annual Spend Per Buyer On Women’s Jeans

    4 %

    image

    Disclaimer: this report has taken extracts from a report published publicly by the NPD group. 

    Kassim at the 4th edition of Denimsandjeans Vietnam Show

  • Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae

    “ The 3 R’s – Reduce , Reuse and Recylce “ – the concept has been taken out of theories and has been implied in practical life not only in our daily lifestyle but in the fashion world since long. Sustainability has taken center stage with  big brands and retailers having employed a number of environment friendly processes in their productions downline. However, organizations like H&M are trying to go a step further . They are trying to create clothes from plant material that is not usable otherwise. Its hard to imagine the dresses made from fruits and their peels !! Or  fabric made with algae !. Not only organic cotton and natural dyes are a part of the sustainable solution, but the future lies in alternative methods and techniques which can save the mother earth along while creating beautiful fashion .

    H&M’s latest Conscious Exclusive collection which introduces three materials the brand is using for the first time: Piñatex, a leather alternative made from the cellulose fiber of pineapple leaves (which become waste after the fruit is harvested); Orange Fiber, a silk like fabric made from the peels of oranges at the end of the juice production cycle; and BLOOM Foam, a high-performance foam made from algae biomass, which “cleans the environment and reduces the risk of algal blooms while reducing our dependence on fossil fuels,” according to the company’s website.

    The unexpected mix of feminine flounces and sporty silhouettes, florals and shimmering surfaces make this collection fun, liberating and unique.The knotted slide sandals have BLOOM foam soles,  the abstract floral dresses and suits utilize Orange Fiber, the patchwork cowboy boots are made with beige and metallic Piñatex. The collection is extremely SMART and shows new ways to create fashion.H&M is trying to be a global leader in its sustainability efforts and its recent Sustainability Report  does speak volumes about the seriousness of the efforts of the retailer.

    Expect many more  surprises to come from H&M in the sustainable world as their goals have been set for customers’ benefits as claimed by Ann-Sofie Johansson, H&M’s creative advisor.

    Check out more about this  fascinating collection here!

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | Denimsandjeans

    Affordable Sustainability Effort By H&M:Clothes Made From Pineapple Leaves, Orange Peels, and Algae | DenimsandjeansPicture Courtesy : H&M

  • Denim Fabric Exports From India Jump In First Quarter Of 2019

    Denim Fabric Exports From India Jump In First Quarter Of 2019

    India, the 2nd largest consumer as well as the 2nd biggest manufacturer of denim fabric in the world is showing strong signs of increased exports . Whereas previously the companies largely ignored the international market , many of them are now aggressively seeking a larger pie of the global market. The total exports of denim fabrics from India isexpected to reach about xxx million mtrs in 2019.  In this report, we’ve done the analysis of leading denim suppliers from India for the period covering from January to March’19.

    1. Monthwise Export Analysis
    2. Countrywise Export Analysis
    3. Leading Denim Suppliers
    S. No P A R T I C U L A R S
    1 Table showing month wise Denim Exports along with Average Price and % Change for January-March’19
    2 Graph showing Month wise Denim Exports for January-March’19
    3 Graph showing Average Price Of month wise Denim Exports for January-March’19
    4 Table showing country wise Denim Exports along with Average Price and % Share for January-March’19
    5 Graph showing month wise Denim Exports for January-March’19
    6 Graph showing Average Price Of country wise Denim Exports for January-March’19
    7 Graph showing % Share of Countries in Denim Exports for January-March’19
    8 Table showing Leading Denim Suppliers along with Average Price and % Share for January-March’19
    9 Graph showing Volume of Leading Denim Suppliers for January-March’19
    10 Graph showing Average Price of Leading Denim Suppliers for January-March’19
    11 Graph showing % Share of Companies in Denim Exports for January-March’19

    [private_special]

    MONTHWISE DENIM EXPORTS

    In the month of January, the total export was 18.2 million sqm which was exported at an average price of $1.46/sqm. The month of February witnessed a good upward movement in exports and it reached to 26.32 million sqm in February which was 45% more than the export of January. In March, the export figures showed a growth . In comparison to Feb, the month of March had 25% of growth and the figure reached to 33.03 million sqm. During all three months, the price remained close to constant and managed to maintain the price level of $1.45/sqm.

    Month

    Export (Sqm)

    Av Price (USD/Sqm) Change

    January

             18,208,307

    1.46

    February

             26,323,936

    1.45

    45%

    March

             33,034,115

    1.44

    25%

    Total

             77,566,358

    1.45

    N/A

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    COUNTRYWISE DENIM EXPORTS

    There are 12 major countries where India exported approx 85% out of its total exports. The list primarily included Bangladesh, Egypt, Colombia, Republic of Korea and Mexico. During the 1st three months, a major portion of exports belonged to Bangladesh which was approx. 39% and the total export figure stood at 30.22 million sqm and it was exported at an average price at $1.71/sqm. The 2nd major country where exports were made was Egypt which had a 13% share in the total export during these three months. The total export made to Egypt was 10.04 million sqm at an average price of $1.06/sqm. Colombia is at #3 and had 9% share and Korea with 4% share stood at #4 in the list. Bangladesh bought at the most expensive average price of $1.71/sqm however Egypt remained the cheapest market during this period with an average price of $1.06/sqm.

    Country

     Volume (SQM) Average Price($/SQM)

    % Share

    Bangladesh

               30,225,744

    1.71

    39%

    Egypt

               10,042,435

    1.06

    13%

    Colombia

                 6,803,378

    1.26

    9%

    Sri Lanka

                 3,069,517

    1.69

    4%

    Mexico

                 2,097,925

    1.36

    3%

    Guatemala

                 2,134,079

    1.34

    3%

    Chile

                 1,807,021

    1.27

    3%

    Korea

                 3,190,306

    1.19

    4%

    Kenya

                 1,437,039

    1.42

    2%

    Turkey

                 1,497,374

    1.33

    2%

    Madagascar

                 1,751,757

    1.23

    2%

    Lesotho

                 1,013,407

    1.57

    1%

    Others

               12,496,376

    1.33

    16%

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    COMPANYWISE DENIM EXPORTS

    So far as the leading denim suppliers are concerned, during Jan-March, the top three denim suppliers were as below:

    1. Arvind Denim – Total Denim Exported was 13.40 million sqm at an average price of $1.98/sqm. Total share in export is 17%. Bangladesh, Sri Lanka, and Pakistan are major exporting countries for Arvind.
    2. Raymond UCO Denim – Total Denim Exported was 6.80 million sqm at an average price of $1.97/sqm. Total share in export is 9%. Bangladesh, Sri Lanka, Portugal, Lesotho, and Vietnam are major exporting countries for Raymond.
    3. Ultra Denim – Total Denim Exported was 6.19 million sqm at an average price of $1.04/sqm. Total share in export is 8%. Bangladesh, Egypt and Sri Lanka are major exporting countries for Ultra Denim.

    Nandan denim supplied the fabrics at the least average price of $0.98/sqm and Arvind Denim at the most expensive price of $1.98/sqm. The leading buyers of Indian Denim Fabric include Armana Group, Ananta Garments, Artistic Designs, Kenpark, Hiradarmani, Refat Garments, Denimach,Tusuka, Kenpark, FGS Denim, CRS Denim Garments, and FJ MAGALHAES LDA.

    Exporting Companies

    Volume (Sqm) Average Price ($/Sqm)

    % Share

     ARVIND

         13,403,691.00

                                          1.98

    17%

     RAYMOND UCO DENIM

            6,793,275.00

                                          1.97

    9%

     ULTRA DENIM

            6,192,052.00                                       1.04 8%

     NANDAN DENIM

            6,159,875.00

                                          0.98

    8%

     SANGAM INDIA

            5,256,577.26

                                          1.11

    7%

     MANOMAY TEX INDIA

            5,038,036.23

                                          1.20

    6%

     SURYALAKSHMI COTTON MILLS

            4,441,043.21

                                          1.55

    6%

     JINDAL WORLDWIDE

            4,038,637.00

                                          1.30

    5%

     BHASKAR INDUSTRIES

            3,108,379.00

                                         1.54

    4%

     RSWM

            2,716,654.00

                                          1.53

    4%

     OSWAL WOOLLEN MILLS

            2,664,707.00

                                          1.19

    3%

     KG DENIM

            2,529,777.00

                                        1.60

    3%

     ETCO TEXTILE

            1,509,668.00

                                          1.19

    2%

     MALWA INDUSTRIES

            1,454,825.00

                                          1.74

    2%

     AARVEE DENIM AND EXPORTS

            1,364,448.00

                                                             1.32

    2%

     OTHERS

         10,894,714.00

                                          1.25

    14%

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    Indian Denim Industry Is On Road To Cross 200 Million Meters Of Exports In 2019

    The Indian denim fabric exports had been hovering around 200-250million sq mtrs in the last few years. However, if we consider similar exports during this year, the total figure may touch over 300 million sq mtrs this year. This is a good sign as the companies had started to be too dependent on local market . The over dependence had hindered their growth and also investments in research and development and new technologies. With increased export appetite, we may see changes in this direction. Besides the next frontier for the companies has to be vertical integration where they invest in downstream garment manufacturing. This trend is catching up to some extent but we have to see if it really does go strong.

    [/private_special]


    Resurgent India - July 17-18

  • H&M Sustainability Report 2018

    H&M Sustainability Report 2018

    Hennes & Mauritz AB, a Swedish multinational and also one of the biggest clothing-retail company, has recently released its SUSTAINABILITY REPORT for 2018. In 109 pages of the report, the company has reported its efforts towards sustainability and also the future plans to enlarge the ambit of sustainability in its entire supply chain. Before we move towards the key highlights of this report, let’s look at some key figures of H&M below. Currently, the company operates in 71 markets with 4968 physical stores and have online shopping facility in 47 markets which collectively bring 22,696 million USD of net sales. The company is currently working with 2383 factories globally and has claimed to 800 million customers on an annual basis.

    H&M Sustainability Report–2018

    As stated in the report, the company has categorized its vision and strategy under the following three key ambitions:

    100% LEADING THE CHANGE

    1. Promote and scale innovation
    2. Drive transparency
    3. Reward sustainable actions

    100% CIRCULAR & RENEWABLE

    1. A circular approach to how products are made and used
    2. Use only recycled or other sustainably sourced materials
    3. A climate positive value chain

    100% FAIR & EQUAL

    1. Fair jobs for all
    2. Inclusion and diversity

    “From the beginning, our role has been to democratize fashion. Today, that means making it sustainable: it’s the only way we’ll keep making great fashion and design available today, tomorrow and for generations to come. We will continue our work to lead the change towards a sustainable fashion industry”, says Anna Gedda, Head of Sustainability H&M Group.

    H&M Sustainability Report–2018

    FACTORS OF SUSTAINABILITY

    RECYCLING

    As per the released report, the company claimed to recycle 57% of all materials used during the course of production/manufacturing in 2018 which is 23% more than what they had last year. So far as the recycling of cotton is concerned, it reached 95% and the company is targeting for 100% for next year. The report further stated that, approx. 20,649 tonnes of textiles were collected for reuse and recycling through their collecting initiative which is 16% more than last year and represents the equivalent of 103 million T-shirts. The company also managed to reduce the carbon emission by 11% from the year 2017 and as per the report, the group set new goals of reducing absolute GHG-emissions in the company’s own operations by another 40% by 2030.

    Not only production but H&M has also reportedly set a new goal of using either 100% recycled or sustainably sourced materials for all kind of packaging by 2030. The group has also created a roadmap to save the consumption as well as to re-use wastewater, which will be supported by WWF, and the target would be to reduce the water usage by 25% in production and to recycle 15% of wastewater back into production processes by 2022.

    “Recycled materials are truly a win-win: they stop waste material from going to landfill and reduce the use of virgin raw materials. However, for many types of textiles, viable recycling solutions either do not exist or are not commercially available on a large scale. We are therefore collaborating with scientists and innovators to tackle this change, but at the same time working to increase other sustainably sourced materials as quickly as possible”, says Cecilia Brännsten, Environmental Sustainability Manager H&M Group.

    H&M Sustainability Report–2018

    TRANSPARENCY

    Taking the entire narrative of Transparency to a different level, according to the report , later in April, H&M and H&M Home will add more information to its products on hm.com, enabling customers to find out in which factory their favorites products were produced, as well as further information on material composition and solutions for re-using and recycling products that are worn-out.

    The group has also launched The Take Care Concept in further four markets, offering customers guidance, repair services, and products to care for their garments so they can live a longer life. The company has invested a lot of resources in the Artificial Intelligence to ensure the effectiveness in the entire supply chain and also to make it easier to ensure a good match between production and demand, thus saving energy, transport, and resources.

    “Big change requires bold actions and the courage to aim high. At the same time, we have to be humble to the challenges our planet is facing. So if we want to make a real change, we have to be brave, push the boundaries and not be afraid to fail.” ANNA GEDDA, HEAD OF SUSTAINABILITY, H&M GROUP

    EQUAL AND FAIR PAY

    For a fair pay, the group has launched Fair Living Wage Strategy, under which the company set some targets last year and the result of which has been published in this report. Here is what their’ target and result :

    Goal: Ensure that supplier factories producing 50% of H&M Group’s product volume are implementing improved Wage Management Systems by 2018.

    Result: Exceeded the goal. 67% of their product volume is made in factories that are implementing improved Wage Management Systems. This covers 500 factories and about 635,000 workers.

    Goal: Ensure that supplier factories producing 50% of H&M Group’s product volume have democratically-elected worker representation in place by 2018.

    Result: Exceeded the goal. 73% of their production volume is made in factories that have democratically-elected worker representatives in place. This covers 594 factories and about 840,000 workers.

    Goal: Ensure that 100% of supplier factories In Bangladesh have democratically-elected worker representation in place by 2018.

    Result: Reached this goal ahead of schedule. 100% of their tier 1 supplier factories in Bangladesh had democratically-elected worker representation by December 2017.

    Goal: 90% of business partners should regard H&M Group as a fair business partner by 2018.

    Result: Reached this goal, 93% of their business partners see H&M Group as a fair business partner by 2018.

    With such encouraging results, now the company is also focusing on building industry collaborations. Therefore, a conglomerate of 22 brands, several Industries, a global trade union representing the textile workers, have been formed which will come together within the collaboration platform. The objective is to create a ground-breaking system change and to transform the textile industry by promoting collective bargaining agreements, that are supported by brands’ responsible purchasing practices. The brands within this arrangement have signed a Memorandum of Understanding which commits them to ensure that their purchasing practices facilitate the payment of a living wage.

    “The fact that 22 global brands have come together to tackle the issue of wages in the textile industry makes ACT a really ground-breaking coalition. It’s a true game-changer for the industry, paving the way for collective bargaining agreements and making it possible to find solutions at industry level which will stand the test of time. By ensuring that brands’ purchasing practices are included in the equation, a crucial step in creating a solid foundation for fair living wages has been taken”, says Jenny Fagerlin, Global Social Sustainability Manager H&M Group.H&M Sustainability Report–2018

    Keeping the sustainability in the center, Denimsandjeans Vietnam is also coming up with its 4th edition of Denim Show under the theme- MY EARTH MY DENIM which is scheduled for June 12-13 at Ho Chi Minh City. To get the invites, log on to www.vmshow..denimsandjeans.com.

  • Kontoor Brands Is The New VF Company For Lee And Wrangler

    Kontoor Brands Is The New VF Company For Lee And Wrangler

    VF had previously announced that it would be divesting its jeans  The new company, named Kontoor Brands, Inc., will include the Wrangler®, Lee® and Rock & Republic®brands, and the VF Outlet business. Its a big strategic move by VF where it has siphoned off the low growth denim labels to another company. Last year the sales of jeans for VF fell by 3.5% and current year does not look great either. In contrast , Levi’s has recently been listed on the stock market and received a huge response with the share price jumping over 32% on the listing day mainly on the strength of its profits and strategic growth. The management sounded positive on the filing with the govt. authorities.

    “Our teams across VF have made tremendous progress to prepare for the successful separation of Kontoor Brands from VF and this filing is a significant next step in this process,” said Steve Rendle, Chairman, President and CEO of VF Corporation. “We are highly confident that the separation is the best path forward for both organizations to achieve even greater potential and enhance long-term shareholder value.”

    The separation is on track to be completed in May of 2019, subject to final approval by VF’s Board of Directors, customary regulatory approvals, and tax and legal considerations.

    “This is an exciting next step in our work to establish our jeanswear organization as an independent , public trading company . Kontoor brands – a creative variation of the word ‘ Contour’ is a compelling name that will preserve each brand’s unique identity while also providing the opportunity to evolve the company in the years ahead ” says VF Corp CEO Steve Rendle .

    The selection of the name has been an important part of the creation of the new company. The office of Kontoor Brands would be created in the historic Revolution Mill in Greensboro, North Carolina , that has been transformed into a mixed-use campus that includes commercial, residential, restaurant and studio space. VF is currently based in Greensboro, but will be moving its headquarters to Denver along with its diverse portfolio of brands that includes Vans, The North Face and Timberland.

    “In choosing a name for the new company, it was important for us to select something that serves as an umbrella for our iconic jeanswear brands and provides us with the opportunity to advance our portfolio in the future. The selected name was inspired by the idea of a perfect fit, which speaks to the rich legacy and storied history of our brands. I’m excited about the opportunities that lie ahead for Kontoor Brands as an independent, publicly traded company,” added Scott Baxter, named CEO of Kontoor Brands.

  • Denim Fabric Imports In Columbia | Nov-Dec , 2018

    Denim Fabric Imports In Columbia | Nov-Dec , 2018

    In this report, we’ve listed the major denim fabric importers in COLUMBIA  during  the months of Nov-Dec,2018 and analyzed the volume and average price along with the countries from where they are buying. The contents of this report are as below:

    PARTICULARS
    TABLE SHOWING THE TOP DENIM SUPPLYING COUNTRIES TO COLUMBIA  ALONG WITH AVERAGE PRICE AND % SHARE
    GRAPH SHOWING THE TOP DENIM SUPPLYING COUNTRIES TO COLUMBIA
    GRAPH SHOWING THE AVERAGE PRICE OF THE TOP  DENIM SUPPLYING COUNTRIES TO COLUMBIA
    GRAPH SHOWING THE % SHARE OF COUNTRIES IN TOTAL IMPORTS BY COLUMBIA
    TABLE SHOWING THE TOP DENIM IMPORTING COMPANIES OF COLUMBIA ALONG WITH AVERAGE PRICE
    GRAPH SHOWING THE TOP DENIM IMPORTING COMPANIES OF COLUMBIA
    GRAPH SHOWING THE AVERAGE PRICE OF THE TOP 9 DENIM IMPORTING COMPANIES OF COLUMBIA
    NINE TABLES SHOWING THE IMPORTS OF DENIM FABRICS BY DIFFERENT COMPANIES INTO COLUMBIA ALONG WITH AVERAGE PRICE
    NINE GRAPHS SHOWING THE IMPORTS OF DENIM FABRICS BY DIFFERENT COMPANIES INTO COLUMBIA
    NINE GRAPHS SHOWING THE AVERAGE PRICE OF IMPORTS OF DENIM FABRICS BY DIFFERENT COMPANIES INTO COLUMBIA

    [private_special]

    TOP 9 COUNTRIES SUPPLYING DENIM FABRICS TO COLUMBIA

    In the month of Nov-Dec 2018, Columbia has imported approx. 5.67 million sqm of denim fabrics. CHINA is the biggest exporter of Denim Fabric to Columbia with a total volume of 2.09 million sqm at an average price of USD 1.79/sqm. India is the 2nd biggest denim supplier which exported 1.75 million sqm of denim fabric at an average price of USD 1.5/sq. Pakistan, Venezuela,Mexico,Brazil and Ecuador are other major countries which contributed 8%,7%,7%,5% and 2% of the total import of denim fabric of Columbia respectively.

    (Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)

    Country

    Volume(SQM)

    Average Price(USD/SQM)

    % Share

    China

    2,069,619.03

    1.79

    36

    India

    1,755,430.22

    1.5

    31

    Pakistan

    445,360.45

    2.23

    8

    Venezuela

    407,384.06

    1.41

    7

    Mexico

    371,634.56

    3.04

    7

    Brazil

    257,902.24

    1.98

    5

    Ecuadaor

    132,309.64

    1.76

    2

    Turkey

    69,217.64

    5.31

    1

    United States

    62,978.50

    3.06

    1

    Peru

    62,859.69

    1.57

    1

    Others

    39,522.70

    2.3

    0.7

    image

    image

    image

    TOP 9 DENIM IMPORTING COMPANIES OF COLUMBIA

    So far as the import of denim fabric by different companies are concerned, JOHN URIBE E HIJOS  and COLOMBIANA DE COMERICO  are the biggest importers of denim fabric into Columbia with the total import of 1.19 million sqm and 7.32 lakhs sqm of denim fabric respectively. PERMODA LTDA is the buyer which has imported the denim fabrics at the most expensive average price i.e., $3.13/sqm and SURTI JEANS has imported at the least average price of USD 1.03/sqm

    Company

    Volume(SQM)

    Average Price ( USD/SQM) CIF

    JOHN URIBE E HIJOS SA

    1,197,895.29

    1.63

    COLOMBIANA DE COMERCIO SA

    732,495.36

    1.35

    POLJEAN SAS

    407,384.06

    1.41

    PERMODA LTDA

    313,515.84

    3.13

    STF GROUP SA

    279,381.14

    2.04

    COMERTEX SA

    253,163.16

    1.4

    STILOTEX SAS

    203,519.37

    1.72

    GRUPO ALV SAS

    194,811.86

    1.9

    SURTIJEANS SA

    153,268.05

    1.03

    image

    image

    JOHN URIBE E HIJOS SA

    John Uribe imported 1,197,895 sqm of denim fabrics during the period of Nov-DEC 2018 and it got many suppliers on the board. Out of many  suppliers, Signet Denim private Limited is the biggest supplier with the export volume of 235,240 sqm and Zhejiang Tengma is the second biggest suppliers with the total volume of 329,930 sqm. Average Price at which Signet is supplying is $1.15/sqm and Zhejiang is supplying at $1.6/sqm.

    The Company’s line of business includes the wholesale distribution of piece goods and yard goods of natural and manmade fibers.
    Address:Carrera 52 19 80 Local 2, Antioquia Medellin Colombia

    Company

    Volume(SQM)

    Average price(USD/SqM)

    R & B DENIMS LTD, INDIA

    235,240.32

    1.13

    SIGNET DENIM PRIVATE LIMITED, INDIA

    355,217.04

    1.15

    TOP SKY DRAGON TEXTILES CO LTD, CHINA

    101,388.95

    1.25

    ZHEJIANG TENGMA TEXTILE CO LTD, CHINA

    329,930.11

    1.6

     

    image

    image

    COLOMBIANA DE COMERCIO SA

    The total import of denim fabric made by COLOMBIANA DE during the month of NOV-DEC’18 is 7.32 lakhs sqm. Out of many the two major suppliers to Colombiana DE are Zhejiang Xinlan Textile Co Ltd and Sangam India Limited. Zhejiang supplied 232,614 sqm of denim fabric at an average price of $1.72/sqm and Sangam India supplied 225,299 sqm of denim fabric at an average price of $ 1.17/sqm.

    Colombiana de Comercio S.A. distributes electronics, computers, Apparels, appliances, and grocery items. It also distributes and services motorcycles and motorcycle parts. The company was founded in 1938 and is based in Bogota, Colombia. Registered Address: Calle 11 No 31 A – 42, Bogota,  Colombia and to know more visit – www.corbeta.com.co.

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    MANOMAY TEX INDIA LTD, INDIA

    149,619.14

    1.12

    SANGAM (INDIA) LIMITED , INDIA

    225,299.31

    1.17

    ZHEJIANG TENGMA TEXTILE CO LTD, CHINA

    97,356.83

    1.72

    ZHEJIANG XINLAN TEXTILE CO LTD, CHINA

    232,614.91

    1.63

    image

    image

    POLJEAN SAS

    The total import of denim fabric made by POLJEAN during the month of NOV-DEC’18 is 407,384.06 sqm. Poljean has bought all its denim from JALSEN INC at an average price of USD 1.41/Sqm.

    POLJEAN sas , offers a wide range of textile products of Venezuelan origin, manufactured by the different companies that make up the corporation

    Address:Carrera 54 Nro 72A- 135, Itagui, Antioquia, Colombia

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    JALSEN INC,VENEZUELA

    407,384.06

    1.41

    PERMODA LTDA

    Permoda has bought all its denim from MPVR Trading Company at an average price of USD 3.13/Sqm. The total denim imported during the months of NOV-DEC’18 was 313,515 sqm.

    Permoda, which employs 3000 people has been in the denim business for decades and working with all the major brands globally. To know more, visit  http://www.permoda.com.co/

    Address: Permoda LTDA. Nit 860.516.806-5 17th street address # 68D-88

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    MPVR TRADING COMPANY S DE RL, MEXICO

    313,515.84

    3.13

    STF GROUP SA

    STF Group imported 279,381.14 sqm of denim fabrics in the month of NOV-DEC’18 from multiple suppliers.Soorty Enterprises is the biggest supplier with the export volume of 148,305 sqm and Dong Guan is the second biggest suppliers with the total volume of 25,028 sqm. Average Price at which Soorty Enterprises  is supplying is $1.91/sqm and Dong Guan is supplying at $1.92/sqm.

    Address: Cra. 34 #10581, Yumbo, Bermejal, Yumbo, Valle del Cauca, Colombia

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    DONG GUAN ZANXU TRADING CO LTD, CHINA

    25,028.22

    1.92

    ESSEN DESING CO LIMITED,CHINA

    21,075.75

    1.91

    INDIGO TEXTILE (PVT) LTD, PAKISTAN

    55,500

    1.91

    SOORTY ENTERPRISES (PVT) LTD, PAKISTAN

    148,305.25

    1.91

    image

    image

    COMERTEX SA

    253,163.16 sqm of denim fabric has been imported by Comertex SA in the months of NOV-DEC’18 at an average price of $1.40/sqm. Sangam Ltd is the biggest supplier which supplied 152,258 sqm of denim fabric at an average price of $1.15/sqm. The rest has been imported from Santista work solution, Tejidos and Vicunha Textil.

    Comertex has been one of the leading companies in the marketing of textile products in Colombia.Comertex attends segments of the textile chain, some markets in manufacturing, footwear, linens, and clothing, also has outlets to final consumers. Comertex began operations in 1974 as a family business trading in textiles as a result of a clear mission of the changing environment. For more information, visit –http://www.comertex.com.co

    Address:Girón, Cra 17 No 60 – 170,Palenque Chimita Freeway,Tel. (57-7) 6760000

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    SANGAM (INDIA) LIMITED

    152,258.80

    1.15

    SANTISTA WORK SOLUTION SA, BRAZIL

    14,343.33

    1.41

    TEJIDOS SAN JACINTO SA,PERU

    62,859.69

    1.57

    VICUNHA TEXTIL SA, BRAZIL

    23,701.34

    1.47

    image

    image

    STILOTEX SAS

    Stilotex has bought all its denim from Poonam Enterprises ( India) at an average price of USD 1.73/Sqm and Zhejiang Jinsuo Textiles at an average price of USD 1.66/SQM. The total denim imported for the month of NOV-DEC’18 was 203,519.37 sqm.

    Since 1992 ,Stilotex SAS is operating since 1997 and deals in four segments. Home, Children’s Fashion, Babies, and Hobbies. To know more, visit  http://stilotex.com

    Address: Cra 106 # 15 – 25,Manzana 5,Ints. 13 – 14,Bogotá, Colombia

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    POONAM ENTERPRISES (HK) LTD, HK

    185,541.12

    1.73

    ZHEJIANG JINSUO TEXTILES CO LTD, CHINA

    17,978.25

    1.66

    image

    image

    GRUPO ALV SAS

    Grupo ALV imported 194,811.86 sqm of denim fabrics in the month of NOV-DEC’18 from multiple suppliers. SHAOXING KEQIAO From China is the biggest supplier with the export volume of 59,541 sqm and ZHEJIANG XINLAN TEXTILE CO LTD is the second biggest suppliers with the total volume of 52,924 sqm. Average Price at which Shaoxing is supplying is $2.14/sqm and Zhejiang is supplying at $1.8/sqm.

    The company Grupo Alv S.A.S. is primarily engaged in apparel, piece goods, and notions merchant wholesalers and related activities. It has been operating in the Colombian market since 2009. To know more visit-  http://www.grupoalv.com/

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    SHAOXING KEQIAO TIANYONG IMPORT AND EXPORT CO LTD, CHINA

    59,541.21

    2.147

    WINWIN TEXTILE CO LTD, CHINA

    20,243.52

    1.87

    ZHEJIANG TENGMA TEXTILE CO LTD, CHINA

    39,662.11

    1.87

    ZHEJIANG XINLAN TEXTILE CO LTD, CHINA

    52,924.95

    1.8

    image

    image

    SURTIJEANS SA

    Surtijeans has bought all its denim from Sangam Limited from India at an average price of USD 1.03/Sqm. The total denim imported during the months of NOV-DEC’18 was 153,268.05 sqm.

    Surtijeans S A was founded in 2007. The company’s line of business includes the wholesale distribution of home furnishings and housewares.

    Address:Calle 17 A 69 87 Bodega 2 Zona Industrial Montevideo Bogota Colombia

    Company

    Volume(SQM)

    Average Price(USD/SQM)

    SANGAM (INDIA) LIMITED, INDIA

    153,268.05

    1.03

     

    [/private_special]

  • DE-Brands : 1st Global Denim B2B Platform

    DE-Brands : 1st Global Denim B2B Platform

    Denimsandjeans family is happy to announce the  launch of the first global B2B sourcing APP – DE-Brands. For long there has been a need felt to do more when it comes to helping both the sides in the supply chain ie the buyers and the suppliers to reduce their cost and time of sourcing and marketing. This a step towards technology in the denim market for easy accessibility and network amongst buyers and suppliers.With an attractive and easy to use  design , the app comes with user friendly portal. DE-BRANDS is the first Global Denim and Sportswear products sourcing B2B app which brings buyers and suppliers in the denim and sportswear supply chain together at one platform. It seeks to reduce time and cost of marketing and buying for this industry globally. The app provides easy interaction tools for suppliers to showcase their products to buyers and for both to interact with each other. DE-BRANDS is powered by Denimsandjeans.com  

    De-Brands advt

    KEY FEATURES:

    De-Brands provides exciting features to make it convenient for the sellers of denim to sell easily and reach out to global buyers. Not only the companies can create their own showrooms and can reach out to buyers, there is a huge opportunity to have 1 to 1 interaction with buyers and among buyers for better networking among the community. The concerns of privacy of the companies are well taken care of so that they can market their products in peace. 

    OUR WEBSITE

    The previously running website also been upgraded with the app for better understanding and closer look of the quality of products at display . Have a look at the website here.

    WHY DE-BRANDS?

    Saves Time
    Effortless
    Communication

    Browse through thousands of products under single platform

    No need to carry loads of products sample in the shows.Select and filter form app.

    Easy interaction and business deals with exhibitors as well as other buyers.

     

    WHO IS CURRENTLY USING THE APP

    Some of the most reputed denim companies globally including Artististic Fabrics, Raymonds, Prosperity, Crescent , Anubha and others are currently displaying their product ranges on the app and more companies are being added on the way. From the buying community we have some important people from different retailers and brands who have found it useful and using the app.

    AVAILABLE ON APP STORE NOW !!

    Click on the below link to download the DE-Brands App and experience the easy sourcing way in the industry. Android version will follow soon ! Hope to have you on board.

     “This is an important step in taking business of our denim community online. We hope we can make a small contribution in making business more easy and sustainable ” Sandeep Agarwal

    Don’t forget to Sign Up when you download the app to reach out to main features of the app !

    1

    Launching ANDROID soon

  • Tommy Hilfiger X Zendaya SS 2019 Collection Is Here

    Tommy Hilfiger X Zendaya SS 2019 Collection Is Here

    Hilfiger’s latest Spring 2019 collection revealed the attractive collection that can you can shop right away at Nordstrom. Tommy Hilfiger and the actress/singer Zendaya teamed up to present the latest ready-to-wear spring collection in the Paris Fashion Week. The collection called TOMMYNOW is inspired by the 1970s  American Pop Culture which is available in  more than 70 countries in the world. The collection was showcased  at Théâtre des Champs-Élysées with super models like Grace Jones,Pat Cleveland, Beverly Johnson ,Beverly Peele, Veronica Webb etc who graced the runway with these cultured designs.

    The event witnessed the combination of vibrant colors, bell bottoms, dresses and lots of DENIM. Denim was presented in blazErs, suits, dresses, skirts and much more. White denims and minimalistic looks with subtle or no washes and indigo palette mixes were  the dominant theme of the denim collection. With changing marketing tactics , the collection could be shopped right away. Zendaya’s capsule is exclusively available at the Nordstorm. We have taken out the denim collection from the Hilfiger collection – shop the entire collection here.

    Tommy x Zendaya Farra High Waist Bootcut Jeans (Papyrus)

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Cindy High Waist Skinny Jeans

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Stripe Denim Blazer

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Stripe Denim Pants

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Farra High Waist Bootcut Jeans

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Belted Denim Skirt

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

    Tommy x Zendaya Belted Denim Dress

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

     

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

     

    Tommy Hilfiger X Zendaya Collection Is Here | Denimsandjeans

  • Gap Losing Sheen | Announces Split and Closure Of 230 Stores

    Gap Losing Sheen | Announces Split and Closure Of 230 Stores

    After VFC, Gap has also announced the split of the business under their restructuring programme on Feb 28. Gap said that it would be divided into two separate entities in which one of the companies will have Old Navy and other is unnamed as yet .Temporarily named  New Co , the new division will contain Gap, Banana Republic and other brands including Athleta and Hill City. The company has also announced the closure of 230 stores by the end of 2020 which enables them to save between $250 million and $300 million before taxes over the next two years, according to a securities filing.

    There are two prime objectives behind this split:

    1. To focus more on Old Navy which has grown to USD 8 billion in annual sales since 1994.
    2. To consolidate other older brands like Gao and Banana Republic under one roof- New Co, which will have approx. USD 9 billion of combined annual sales.

    old-navy

    “Following a comprehensive review by the Gap Inc. board of directors, it’s clear that Old Navy’s business model and customers have increasingly diverged from our specialty brands over time, and each company now requires a different strategy to thrive moving forward,” said Robert Fisher, the board chairman for Gap Inc. “Recognizing that, we determined that pursuing a separation is the most compelling path forward for our brands—creating two separate companies with distinct financial profiles, tailored operating priorities and unique capital allocation strategies, both well positioned to achieve their strategic goals and create significant value for our customers, employees and shareholders.”

    Art Peck, the president and chief executive of Gap Inc., said this will help all the brands move forward. “We have made significant progress executing on our balanced growth strategy and investing in the capabilities to position our brands for growth: expanding the omni-channel customer experience, building our digital capabilities and improving operational efficiencies across the company. Today’s spin-off announcement enables us to embed those capabilities within two stand-alone companies, each with a sharpened strategic focus and tailored operating structure.”

    Peck will continue as president and chief executive officer of NewCo, while Sonia Syngal, current president and chief executive of Old Navy, will lead the new stand-alone enterprise. She has led Old Navy since 2016. The transactions to divide Gap Inc. into two separate companies should be completed by 2020 and are subject to final approval by Gap Inc.’s board of directors. NewCo will be based in Gap Inc.’s current headquarters, and Old Navy will remain at its current headquarters, both located in San Francisco.

    The announcement and the fourth quarter results came on the same day. In the 4th quarter ending Feb. 2, 2019, Gap Inc. had registered a net income of USD 276 million and revenue stood at USD 4.6 billion. For the same period last year, net income was USD 205 million and the revenue was USD 4.78 billion. In the current fiscal year, total net revenue was USD 16.6 billion on which the company earned a net income of USD 1 billion compared to net income of USD 848 million on net revenue of USD 15.85 billion.

    -1x-1 (1)

    The separation is sad however this will surely enable the leaders of both the companies to bring equitable focus on their own divisions. Old Navy has been doing very well whereas Gap has been struggling for the past few years and hence such split was warranted to save both the brands from any adverse repercussions. Sales figure of Old Navy witnessed a yearly growth of 3% in 2018. Meanwhile, the Gap seemed struggling and its sales fell 5% last year. The Banana Republic has been closing stores, which has helped the company improve sales.

    The Gap, which was founded in 1969, happened to be the coolest brand and was very popular among each section of generation say its young or old. Retailers such as Levi’s, Target and fast-fashion sellers H&M and Zara took away Gap’s denim shoppers with reasonable/cheap & competitive prices. In November, Peck described Gap’s store count as unprofitable. As of the end of last quarter, there were 1,242 Gap stores worldwide. 758 of them were in North America.

    The middle priced segment for jeans and sportswear has been in threat for many seasons now due to fast fashion retailing by likes of H&M, Inditex and others. Very few brands like Levis are able to save themselves from the onslaught and survive. Sadly GAP is losing !

    gap

  • Bext360 Blockchain Technology To Trace Organic Cotton

    Bext360 Blockchain Technology To Trace Organic Cotton

    Bext360–Blockchain Technology To Trace Organic Cotton | Denimsandjeans

    Cotton is most widely used as a raw material in the world for manufacturing apparels, denims, textiles, lingerie and even food and medical products.With an increase in the organic cotton demand in the fashion world, it is a known fact that growing cotton has many challenges. This renewable and biodegradable resource has became an essential part of textile industry. The increase in interest in organic materials in fashion is growing, and the global market for just organic cotton alone has risen to $15 billion according to the recent article in Forbes.

    What is Organic Cotton ?

    The organic cotton eliminates the use of harmful pesticides, fertilizers and chemicals. The techniques used does not harm soil fertilization , prevents polluton of water etc.Farmers who have shifted to organic cotton farming, not only made their lives healthy but also benefitted the ecosystem. Not only this, organic ways improves the working and provides a healthy environment for farmers and wrokers.

    Bext360 – The Initiative

    The Blockchain startup Bext360 has decided to partner with multiple tech companies for testing if the blockchain can be used for using the organic cotton supply chian.

    “We’ve developed systems at the farm level,” said Dan Jones, founder and CEO of Bext360. “We can mark those bags so that we’re sure about the location where we’ve harvested the cotton.”

    “By integrating these marker partners into this, we’re able to decrease the cost of people to manage their supply chain and increase their ability to prove authenticity, sustainability and origin,” added Jones

    Bext360 provides comprehensive and measurable accountability for critical supply chains. The SaaS platform provides unsurpassed blockchain traceability and quantifiable measurements for sustainability.Bext360 focuses on supply chains such as coffee, seafood, timber, minerals, cotton and palm oil to provide a traceable fingerprint from producer to consumer.

    The pilot test is called as Organic Cotton Traceability Pilot. It is a partnership between the C&A Foundation, the Organic Cotton Accelerator and Fashion for Good supported by C&A, Zalando, PVH Corp and the Kering Group. In the current phase, organic cotton is traced from farms to the gin for processing. The second and third phase will ensure the tracing of cotton from gin to consumer and then scaling it for fashion industries respectively.Organic cotton only accounts for under 1% of the total global production of cotton, according to the statistics from Textile Exchange. Still as it costs too much to produce, that percentage still accounts for nearly $15 billion market.

    Several companies are working with technical pilot Bext360 for this initiative.To ensure the authenticity of the cotton , these companies “tag” the cotton which is further being “fingerprinted”  in the supply chain by Bext360 to ensure the veritable nature of the cotton.The blockchain software then creates a “token” through which the consumer can trace every path of cotton.  These individual electronic tokens can be used to track the process of harvesting, processing, manufacturing uptill the final product.

    The blockchain software attached with every individual cotton source provides a digitized way to manage the payment of the stakeholders at every level.This way genuine farmers and cotton producers can be tracked and given their fair share of hardwork. It does not end here, the quality delivered to the customer can be fairly managed and maintained via this technology as it tracks those producers and fashion companies who are not producing the quality cotton that they claim.

    The pilot Bext360 Agricultural project can be a great contributor in the sustainability efforts of the brands and the supply chain. With cotton becoming more verifiable, there will be added incentive for all in the chain to use the sustainable cotton and the brands will be happy to give verifiable tags to their consumers. In all , it can be a game change for DENIM and other cotton specific industries.