European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

 

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European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

May 09, 2024

View in browser  Weekly Newsletter This Week In News: Friday 10th May 2024 • European fashion giants post diverse regional performance in Q1 FY24 • Rising imports from China: A growing concern for Indian industries • Bangladesh central bank hikes policy rate by 50 bps to 8.5% • US economic growth slows, consumer spending stays strong in Q1: NRF • Jordan extends exemption from customs duties, sea freight charges tax Advertisement Top Stories US cotton exports see notable increase over last week: USDA US Upland cotton net sales increased significantly in 2023-24, reaching 253,700 RB, driven by major orders from China, Pakistan, and Vietnam. Upland sales for 2024-25 also showed strength with 158,900 RB booked,... MS & J...

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New Dates and Events for Spinning® Certifications 🌟

January 08, 2024

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Madagascar initiates WTO safeguard investigation on sanitary napkins | South Korean researchers develop graphene-based sensory e-textiles

October 31, 2023

View in browser www.technicaltextile.net | Wednesday 1st November 2023 What Happened This Week In Technical Textile Industry Madagascar initiates WTO safeguard investigation on sanitary napkins Madagascar has informed the WTO's Committee on Safeguards that it is launching an investigation... Advertisement South Korean researchers develop graphene-based sensory e-textiles Korean researchers developed graphene-based e-textiles capable of exchanging information via... Germany's Freudenberg launches low-level BPA thermal insulation items Freudenberg Performance Materials Apparel has introduced 2 advanced thermal insulation items, Down... US' MIT researchers develop shape-changing FibeRobo for smart clothing MIT researchers have developed a revolutionary programmable fibre named FibeRobo tha...

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Weekly Newsletter

This Week In News: Friday 13th October 2023 • Vietnam's Jan-Aug 2023 textile-garment export turnover down 14.4% YoY • IMF expects slow global growth at 3% in '23 amid inflationary concerns • Dhaka approves in principle draft labour law raising maternity leave • Israel conflict may see high risk premiums, costs for Indian exporters • US' textiles & apparel imports drop 22% to $71.3 bn in Jan-Aug 2023

Advertisement Top Stories European council adopts new renewables energy directive for 2030 The European Council has approved the Renewables Energy Directive, aiming for renewable energy to constitute 42.5 per cent of the EU's energy by 2030, with the potential to reach 45 per cent. The directive fast-tracks... Indian textile minister announces automatic certificates for exporters To bolster India's exports, minister Piyush Goyal has announced the automatic issuance of 'Status Holder' certificates to exporters under FTP 2023. This IT-based system, using data from the DGCIS, streamlines the... WTO trims 2023 global merchandise trade estimate to 0.8% in 2023 The World Trade Organization (WTO) has reduced its global merchandise trade growth projection for 2023 to 0.8 per cent, down from 1.7 per cent, due to challenges since late 2022. While the 2024 forecast remains at 3.3... Indian textile ministry announces key initiatives on World Cotton Day India's ministry of textiles celebrated World Cotton Day 2023 with a conference focusing on enhancing cotton quality and productivity. The event introduced the 'Bale Identification and Traceability System' and the... Read More News

Advertisement Articles Consumer Behaviour and the Rise of Activewear Consumer preferences, sustainability trends, and technological advancements are reshaping the landscape of athletic... The Rise of Resale-as-a-Service The fashion industry is eyeing Resale-as-a-Service (RaaS) as a game-changer. This burgeoning model promises both waste... Aesthetic and Functional Innovations in Fabric Design From eco-friendly materials to smart textiles, innovation is reshaping every facet of the textile industry, from... Read More Articles

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