Source: www.fibre2fashion.com

For the first time in over a decade—pandemic aside—the personal luxury market is experiencing a slowdown in growth, according to the 11th edition of the True-Luxury Global Consumer Insights report by BCG and Altagamma. The report explores the key drivers behind recent shifts in the sector and offers insights into the trends that will shape its future.

This year’s report delivers insights from 7,000+ luxury consumers based on quantitative surveys, focus groups and in-depth interviews. To analyse consumer spending and behaviour with optimal focus and accuracy, the report also leverages Altrata’s Wealth-X database of more than 150,000 high net worth individual (HNWI) profiles, plus interviews with industry CEOs, executives, client advisors, experts, and partners.

This year’s True-Luxury Global Consumer Insights dives deep into the history of luxury, looking back to its roots in the 1800s when it was the domain of the truly affluent. Over time, the market expanded into ready-to-wear, beauty lines, global flagships, social media, and more, helping it to scale brilliantly—until now. This democratisation brought massive growth, with aspirational consumers eventually accounting for over 70 per cent of market volume. But in a race for scale, some of the soul of luxury was lost, as much of the industry traded exclusivity for reach, exchanging stability for volatility.

As a consequence, the segment that previously fuelled growth is now revealing its fragility: aspirational consumers have declined by 13 percentage points in market share since 2013 as affordability concerns continue to predominate. In the past year alone, around 35 per cent of these consumers either reduced or paused their luxury spending, diverting it to savings and investment, wellness, and second-hand purchases in particular. Around 50 per cent of these customers now feel financially vulnerable.

Today, brands with a client base comprised of more than 50 per cent aspirational consumers are seeing the steepest declines, underperforming sharply over the past 12 months. By contrast, brands that have stayed loyal to core top-tier clients are not just weathering the storm—they’re thriving.
 

Source: www.fibre2fashion.com

OEKO-TEX is an official member of the United Nations Fashion and Lifestyle Network (UNFLN), a global platform fostering collaboration, innovation, and transparency across the fashion and lifestyle industries in support of the United Nations 2030 Agenda.

As the official representative of the OEKO-TEX Association within the network, TESTEX is proud to support this multilateral effort. TESTEX will actively contribute its technical and scientific expertise, particularly in the areas of sustainable supply chain certification, environmental performance evaluation, and transparency mechanisms—while also supporting cross-sector collaboration on frameworks for traceability and responsible sourcing.

This role reinforces TESTEX’s long-standing engagement with public-private partnerships and international standard-setting processes and complements its advisory contributions to regional policy developments such as the EU Strategy for Sustainable and Circular Textiles and the upcoming Green Claims Directive.

OEKO-TEX STANDARD 100 ensures that certified products are tested for harmful substances, supporting consumer health and safety.

Through its role in the UNFLN and other international alliances, OEKO-TEX collaborates with NGOs, academia, and industry actors to harmonise sustainability standards and methodologies.

By joining the UN Fashion and Lifestyle Network, OEKO-TEX and TESTEX position themselves within a UN-recognised ecosystem for knowledge exchange, policy engagement, and global visibility. Members of the network are featured through curated showcases, reports, and speaking opportunities at both the UN Headquarters in New York and through global online channels.

This membership provides a unique opportunity to scale the visibility of certified best practices, contribute scientific input to UN sustainability dialogues, and foster alignment across international initiatives that are shaping the future of textiles, leather, and lifestyle goods.
 

Source: www.fibre2fashion.com

From 2 to 4 September, Yarn Expo Autumn 2025 will open at the National Exhibition and Convention Center (Shanghai), encouraging international engagement between upstream and downstream textile players. At the previous edition, around 540 global exhibitors forged meaningful connections onsite, with the participation of nearly 22,000 buyers from 81 countries and regions. Taking place alongside Intertextile Apparel, the show will continue to serve as a key yarn and fibre trade platform with a range of products and solutions on show, particularly innovations that meet eco-friendly and functional needs. Inspiring discussions are expected to once again drive momentum at the fringe programme’s forums and trend display areas.

Due to increased population, prevailing sportswear demand, and socioeconomic advancements, the yarn, fibre and thread market is expected to reach USD 138.8 billion by 2029 at a CAGR of 6.4%, with sustainable production highly prioritised. As an international yarn and fibre sourcing hub, Yarn Expo Autumn is well-attuned to the global eco-friendly and functionality movements, gathering key industry players from Asia and beyond for effective business exchange. The previous edition in 2024 featured the India Pavilion, the Pakistan Zone, the International Zone, and six key product zones catering to buyers’ sourcing priorities, including regenerated, cotton, synthetic, specialty, and elastic products.

China remained the leading exporter and importer of textile yarns around the world in 2024, with India, Italy and Türkiye near the top of both lists. These countries all ranked high among the visiting countries at last year’s Yarn Expo Autumn, which reflected prevailing market trends and catered to varied demand. The upcoming edition will further support industry momentum, and is poised to harmonise with this year’s coinciding Cinte Techtextil China – Asia’s only dedicated show for the full spectrum of technical textiles and nonwovens, to be held from 3 to 5 September at the Shanghai New International Expo Centre.

Yarn Expo Autumn will be held concurrently with Intertextile Shanghai Apparel Fabrics – Autumn Edition, CHIC, and PH Value. The four fairs will bring the fibre and yarn, apparel fabrics and accessories, fashion, and knitted garments industries together under one roof, with the resultant synergy allowing exhibitors and buyers to maximise their business opportunities.
 

Source: www.fibre2fashion.com

The final day of Source Fashion at Olympia London drew to a close, marking the end of a dynamic and inspiring three-day event. With record visitor numbers and a 51% year-on-year increase in total footfall, the show has firmly cemented its place as Europe’s leading responsible sourcing event.

With a spotlight on transparency, innovation and collaboration, Source Fashion has once again proven to be more than a sourcing event, it's a platform for progress, collaboration, and long-term change across the fashion supply chain.

The improvement in the quality of exhibitors this season has been remarkable compared to last year. There’s now a real presence of top-quality product, whether that’s a reflection of a shift in the global market or simply the show's growing reputation, it’s clear that even high-end manufacturers are looking to connect directly with retailers here. What also stood out was the sheer diversity of product on offer, there truly is something for everyone. I came across three cashmere suppliers, including one from Mongolia producing a top-of-the-line product: beautifully made, beautifully executed. I’m already thinking about how I could harness that and bring it into the Jeff Banks collection. I also discovered a digital print supplier from Bombay creating stunning, highly complex prints across a range of fabrics. That kind of innovation opens exciting creative possibilities. For me, it’s all about having the right artisans and supply partners to bring design ideas to life. That’s where Source Fashion really delivers.

The response from more than 250 exhibitors representing over 22 key sourcing regions, including the UK, Portugal, Morocco, India, Nepal, Italy, Hong Kong, Nigeria, Türkiye, France, China, and more, has been overwhelmingly positive.

Meanwhile, The Source Catwalk, in partnership with Reskinned, drew crowds of visitors to every edition and brought circular fashion to life, showcasing the potential of pre-loved and reworked garments in modern retail.
 

Source: www.fibre2fashion.com

At the heart of the upcoming Intertextile Shanghai Apparel Fabrics – Autumn Edition, the Intertextile Directions Trend Forum, themed PUSH SENSATION, will ignite a new narrative for Autumn / Winter 2026-27 fashion trends. From 2 – 4 September 2025 at the National Exhibition and Convention Center (Shanghai), Intertextile Directions Trend Committee member NeIlyRodi™ Agency will bring this concept to life, through a creative and inspiring display of on-trend fabrics. This autumn, the forum will explore four key trends that shape the world with the wildest dreams of humankind: gentle > raw, classic > theatrical, childish > bizarre, and pragmatic > dreamlike.

The theme PUSH SENSATION captures the modern desire for intense, unforgettable experiences driven by a need for both escapism and heightened reality. It encourages breaking free from the ordinary, celebrating authenticity, and boldly pursuing a life filled with adventure and fantastical possibilities.

With the theme’s four trends predicted by the members of the Intertextile Directions Trend Committee – DONEGER | TOBE (New York), NellyRodi™ Agency (Paris), ELEMENTI MODA (Milan), and Sachiko Inoue (Tokyo) – the Trend Forum will showcase a selection of fabrics and accessories from exhibitors across the globe, arranged into different sections defined by each trend narrative.

A radical transformation that breaks free from established boundaries, expressing individuality. This trend combines luxurious materials with a theatrical flair, featuring a spectrum that ranges from tender neutrals to intense reds and opulent blues/greens, accented by a hint of copper metallic colour.

Seek a mix of timeless materials such as classic tweed and Shetland wool, alongside dramatic, bold alternatives including lasered fabrics, lustrous leather, and jacquards that push the limit of beauty. This trend also features a wide range of retro geometric and decorative ornate, such as checker pattern, retro undulating, and furnishing inspired florals; a bold expression of creativity and personality that demands innovation and defies convention.