Macy Yau, CEO, Kane Top
The Retail Apparel and Fashion industry plays a pivotal role in the global economy by driving consumer spending, generating employment opportunities, and shaping cultural trends. As one of the most influential sectors, it continuously fosters innovation in materials, design, and retail technologies, such as e-Commerce and digital marketing. The industry’s vast global network navigates complex supply chains, sourcing materials from multiple countries and distributing products worldwide. These intricacies not only fuel economic growth but also shape social behaviours, as fashion trends have a powerful impact on how individuals express their identities. Leaders within the sector play a crucial role, set¬ting industry standards and influencing consumer behaviour, while also advocating for ethical practices such as sustainability and responsible sourcing.
Can India Fill Raise to the Occasion?
By: Sujith Vasudevan, Managing Editor
China is still the untouchable leader in the global textile industry. In the first half of 2024, it is recorded that nearly 80 percent of its total textile exports were constituted by fabric exports.
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By: Partha Protim Mondal, Chief Information Officer, Berger Paints India Limited
The manufacturing industry is undergoing a significant transformation, driven by rapid advancements in technology.
By: Dr Kaushik Sengupta, Product Head – Food SAR Region, Bureau Veritas Group
With 19+ years’ experience in the verticals like audit, certification, training, quality functions, Dr. Kaushik is increasing the digital process automation valuation
By: Benjamin Boesch, Chief Digital Officer, VFS Global
The world is on the move again. After months of closures, the revival of various sectors is evident reopening of universities, hybrid working models, and high profile international events are back on the calendar.
By: Mradul K. VP - Global Sales & Strategy LogiNext
Mradul boasts of a 13-year long career during which he has been associated with companies such as Bajaj Alliance General Insurance, IFFCO Tokyo General Insurance.
Leaders of the Year in Asia from Textile Industry - 2024
In recent years, the Asian textile industry has undergone significant change with visionary leadership that guided the sector through numerous challenges and opportunities. Such leaders played a very important role in strengthening their companies while also shaping the broader textile landscape of the region. Strategic decisions and innovations were the keys to economic shifts, evolving consumer demands, and the growing importance of sustainability in production processes.
One of the major themes during this period was increased adoption of sustainable practices by textile manufacturers. With this growing global awareness of environmental issues, these leaders realized the urgency to reduce the ecological footprint of textiles. They led the call for using eco-friendly material, improving water management, and reducing waste in their manufacturing processes. This has been an opportunity to use circular economy principles, where the companies embraced the usage of recycled fibers, to make their supply chains more sustainable and be in tune with the emerging consumer need for responsible and environmentally-friendly brands.
The focus of leadership at that time was innovation and research and development. Understanding that the future of the textile industry depended highly on new materials and methods of production, most leaders challenged their companies to invest in R&D so they wouldn't lag behind their competitors. This led to the development of high-performance fabrics, including moisture-wicking, antibacterial, and heat-resistant textiles, which found applications not only in fashion but also in sportswear, healthcare, and industrial sectors. These innovations opened new markets and expanded the scope of the textile industry, offering solutions to a wider array of consumer needs.
Additionally, the leaders emphasized strengthening relationships both with suppliers and customers. They realized that the whole textile ecosystem is interconnected. As such, they worked very closely with suppliers to help smoothen out the delivery process in case of some logistics difficulties. They also emphasized on engaging customers through digital means in order to offer personalized experience with interactive services to attract diverse consumers. Their emphasis on cultivating robust, long-term relationships with key stakeholders helped their companies remain stable in turbulent times and put them ahead for future growth.
The textile industry's leadership in Asia during this period played an important role in shaping the sector's future. By following sustainability through innovation and responsible practices, the companies have positioned themselves to be first movers within the global textile market. By being able to navigate their challenges and be open to change and building relations with others, they helped raise the entire industry. As a result, the Asian textile industry flourished not just in the competitive global environment but also set new dimensions for sustainability, innovation, and ethics, thereby leaving an impression on the industry's evolution.
CEO Insights Asia in this issue spotlights ‘Leaders of the Year in Asia from Textile Industry - 2024' featuring leaders who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
James Huang, President (Global Sales and Operation) | Kingwhale Corporation | Leaders in the textile industry are navigating an increasingly complex landscape, where sustainability and innovation are no longer just buzzwords but essential components of business strategy. | |
Macy Yau, CEO | Kane Top | The Retail Apparel and Fashion industry plays a pivotal role in the global economy by driving consumer spending, generating employment opportunities, and shaping cultural trends. |
Other Issues
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