Newsletter No. 30 10 August 2018
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Complimentary Airfare and hotel package offer to India
The Council of Leather Exports of India (CLE) is organising the Delhi International Leather Expo (DILEX) next month on 28 & 29 September in New Delhi, India. If you are an importer of finished leather products including leather footwear, garments, gloves, small leather goods, etc., you can apply for the complimentary travel package offer to attend the event which includes a return economy airfare, 3 nights hotel accommodation at a 5* hotel as well as hotel/airport transfers. Contact Deidre Harte on firstname.lastname@example.org or Tel: 021 790 5849.
Ethiopia’s Bt cotton move challenges rival Kenya
Ethiopia’s decision to start production of high-yielding genetically-modified (GM) cotton has thrown a challenge to rivals such as Kenya and Madagascar that are banking on textile manufacturing to drive economic transformation, say analysts. The country in June this year approved cultivation of two hybrid types of Bt cotton, JKCH 1050 and JKCH 1047.
Ethiopian Government officials hope the step will achieve higher yields than conventional varieties and save the country huge import bills of raw material and attract more investment in its textile sector.
The country’s garment sector is currently in a renaissance phase, attracting global fashion brands hit by rising cost of labour, raw material and tax in China, according to a report in a top African daily.
Kenya has more than 400,000 hectares of land suitable for cotton growing, less than 35,000 hectares is presently under cotton. Kenyan textile firms have been making bulk fabric purchases from India, Hong Kong, China, Bangladesh, Pakistan or Taiwan.
Although the imported fabric is preferred for its good quality, the arrangement results in long order-to-delivery period that restrict apparel firms from competing in the higher margin, fast-fashion segment of the market.
Despite all this, the adaption of Bt cotton in Kenya is not certain
Ghana raises daily minimum wage by 10%
Ghana’s National Tripartite Committee (NTC) recently announced in Accra a 10 per cent hike in daily minimum wage of workers. The raise will take the new minimum wage from GH¢9.68 to GH¢10.65 beginning January 1 next year. The decision was taken after a series of meetings between the government and labour and employers’ associations over the past four months.
Minister for employment and labour relations Ignatius Baffour Awuah said any establishment , institution or organisation that flouted the new wage regulations would attract legal action, according to Ghanian media reports.
Burberry burns £28.6m worth of unsold products to be more exclusive
Newswatch: It has been reported that iconic British luxury fashion label Burberry destroyed its unsold products, to the value of £28.6m last year to make its brand more exclusive, adding to the total value of £90m worth of goods it has destroyed over the last five years, as reported by the BBC.
Many luxury clothing brands do this to prevent this surplus being stolen or sold cheaply, and to stop counterfeiters from using the merchandise to copy their styles. Burberry went through a phase when counterfeiters were “sticking the Burberry check on anything they could”, said Maria Malone, principal lecturer on the fashion business at Manchester Metropolitan University.
“The reason they are doing this is so that the market is not flooded with discounts. They don’t want Burberry products to get into the hands of anyone who can sell them at a discount and devalue the brand,” Malone explained. Richemont, on the other hand, has had to buy back £430m worth of watches over the last two years, and only a few of the parts can be recycled.
Burberry said that the energy generated from burning its products was captured, making it environmentally friendly. “Burberry has careful processes in place to minimise the amount of excess stock we produce. On the occasions when disposal of products is necessary, we do so in a responsible manner and we continue to seek ways to reduce and revalue our waste,” a spokesperson for the company said.
Nonetheless, environmentalists are angry about this situation. “Despite their high prices, Burberry shows no respect for their own products and the hard work and natural resources that are used to make them,” said Lu Yen Roloff of Greenpeace. “The growing amount of overstock points to overproduction, and instead of slowing down their production, they incinerate perfectly good clothes and products… It’s a dirty secret of the fashion industry. Burberry is just the tip of the iceberg.”
Did you know……..
Facts about the 1920’s Fashion for Women
The ‘Garconne’ look and Coco Chanel: The boyish ‘garconne’ look (“boy” with a feminine suffix) and adoption of male clothing was introduced by fashion designer Coco Chanel and favored by movie stars like Marlene Dietrich. The liberating androgynous styles were daring and innovative. Coco Chanel is credited with liberating women from the constraints of the “corseted silhouette” and introducing sporty, casual chic to the modern women of the era. Coco Chanel used male themes like sailors outfits and mechanic’s dungarees as inspirations for her fashions. Men’s sweaters were worn with a belt around the waist, women wore tailored suits complete with shirt and tie. Short knickerbockers and baggy trousers also became in vogue enabling women to enjoy comfortable sports clothing for golf and and bicycling. Coco Chanel is also famous for popularizing the ‘little black dress’.
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