Page 21 - TEXtalks May-June 2021
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 USDA projects the lower global




 cotton ending stocks in 2021/22




 The U.S. cotton projections for 2021/22 show a 100,000-bale increase in exports from last month, to 14.8
 million bales, as more robust than expected late-season 2020/21 shipments extend past July 31. However,
 U.S. 2021/22 production and consumption are unchanged from last month, and with lower beginning stocks
 and higher exports, ending stocks are now 200,000 bales lower, at 2.9 million.

 Global ending stocks in 2021/22 are also projected lower this month, down 1.7 million bales to 89.3 million.
 Beginning stocks are slightly lower as a 625,000-bale increase in 2020/21 consumption more than offsets
 higher estimated supplies. The consumption is also higher for 2021/22, up 1.1 million bales, as increases for
 China, Bangladesh, and Turkey offset a lower forecast for India.   C&A to install Factory for Innovation in


 Global cotton production in 2021/22 is 570,000 bales lower this month, led by a 750,000-bale reduction in
 China following recent surveys indicating a lower than expected area in Southern Xinjiang. World trade is 1.1
 million bales higher, with increased imports for China, Bangladesh, and Turkey. In addition, expected exports   Textiles (FIT) in Germany
 are higher this month for Brazil, Australia, Tanzania, and the United States.
           C&A will open the Factory for Innovation in Textiles   Gold-level certification, and in 2020 its Beluga jeans
           (FIT) in Germany to develop next-generation      achieved C2C Platinum certification. The brand is
           sustainable fashion, beginning with denim jeans.   working with the Niederrhein University of Applied
           C&A is a Belgian-German-Dutch chain of           Sciences, the Textile Academy NRW (North
           fast-fashion retail clothing stores, with European   Rhine-Westphalia), RWTH Aachen University, and
           head offices in Vilvoorde, Belgium, and Düsseldorf,   various start-up companies.
 Bangladesh RMG industry in trouble due   Germany. It has retail stores in many European   FIT will integrate highly automated processes in the
           countries. It serves only the most important markets
                                                            sewing room and laundry, and together with the
           of Asia, North America, and South America.
 to 14% order drop from the US   Earlier, C&A has developed Beluga Denim in   Textile Academy NRW, C&A will hire and train around
                                                            100 co-workers to work at the CO-neutral site.
           collaboration with a Pakistani Textile Industry (Rajby).
                                                            Initially, around 400,000 pairs of jeans per year will
                                                            to 800,000 at a later stage.
           designed with retailer C&A and C2C assessor Eco
 Bangladesh has earned the position of being the third largest exporter of clothes to the US market, following   Beluga denim is a 100 percent cotton ecru denim   be produced in Monchengladbach, to be expanded
 after China and Vietnam. Even though the efforts to contain the coronavirus are successfully ongoing, the   Intelligent Growth (EIG). But to ship the denim in
 gaping hole that the pandemic has left behind in the business sector is going to be hard to fill. Clothing   Europe is costly. Therefore, local production in   C&A is one of the most enduring and pioneering
 products being globally exported to the USA dropped down to one-fourth in 2020. An improvement has been   Europe has become an increasingly important   retailers in global apparel – a leading retail fashion
 observed in 2021 but the Bangladesh is still stuck in the havoc due to the new Covid Variant in Bangladesh   strategy for companies in light of the Covid-19   business, providing quality, affordable clothing to 100
 which scared off the US market resulting in a 14% order drop. This has raised concern among the manufac-  pandemic, which derailed supply chains worldwide.   million customers each year. With about 51,000
 turers as there is no tentative time for recovery. If the situation of Covid-19 doesn’t rapidly improve, exports of   Companies immediately realized the need for easy   employees worldwide, our retail business
 RMG may be down trend.  access to fabrics and more significantly controlled   encompasses 18 countries in Europe, Brazil, Mexico,
           overproduction.                                  and China. The brand has around 150 employees as a
 According to OTEXA, US customers import $64.07 billion (6,407 crore) of clothing products in the year 2020.   part of its sustainable team. In 2020, the brand used
 In the first two months of 2021, US imports of clothing fell by 13,85 percent to $ 10,91 billion. In the first two   The first denim jeans resulting from FIT will be   100% sustainable cotton for the manufacturing of
 months of 2021 the export of Bangladeshi clothing to the United States dropped to 1 billion dollars (100   available in 2022. With over 1,400 stores in 18   different textile products. The purchased cotton was
 crore) of clothing equivalent to Tk 85 billion (8500 crore).   European countries and more than 25,000   either certified organic cotton or sourced as Better
           employees, C&A is one of Europe’s leading fashion   Cotton. C&A highlighted the better practices across
 In January-February 2021, Vietnam’s exports to the US decreased by 12.9% to $2.09 billion. In January and   retailers. C&A has set new standards in denim in   the cotton industry by sourcing more sustainable
 February 2021, India’s exports of clothing goods to the U.S. fell by 21.89% to 590 million dollars (59 crore).  recent years. In 2018, the company developed the   cotton and demonstrated that sourcing 100% more
           world’s first jeans with Cradle to Cradle (C2C)   sustainable cotton is possible.



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