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 10th November 2023 • Acrylic fibre consumption may decline, 916 KT in Asia-Pacific in 2028 • General consumer sentiment about US economy one of uncertainty: Survey • IMF upgrades China's 2023 growth forecast to 5.4%, sees 2024 slowdown • US' textiles & apparel imports drop 21.8% to $81.1 bn in Jan-Sept 2023 • Bangladesh announces Tk 12,500 as minimum monthly wage for RMG workers

Advertisement Top Stories India-UK FTA nears completion; potential boon for textile trade The free trade agreement negotiations between India and the UK, initiated in 2021, may near conclusion soon. Encompassing 26 chapters, the agreement spans goods, services, and intellectual property. The UK, facing... Cambodia emerges as Canada's fourth largest apparel supplier Cambodia retained its rank as Canada's fourth-largest apparel supplier in the first eight months of the current year, with imports worth $676.623 million, despite a 15.35 per cent decrease compared to the same period... India's imitation zari thread or yarn to attract 5% GST: CBIC India's Central Board of Indirect Taxes & Customs has declared that imitation zari thread or yarn will be subjected to a 5 per cent GST, as per recommendations from the GST Council. This tax rate applies to zari made... Bowker Asia's OTDP up 10% with Coats Digital's FastReactPlan Bowker Asia Limited has improved its capacity plan accuracy by 10 per cent, production efficiencies by 3 per cent, and on-time delivery by 10 per cent after adopting Coats Digital's FastReactPlan. The system... Read More News

Advertisement Articles Automation - Sorting the Circular Textiles Gap Advanced technologies for the classification and pre-processing of waste garments are now an urgent requirement, as the... Garment Factory Transformation: From Local to Transnational Amidst the declining global garment industry, major retailers like Inditex, H&M, and Uniqlo will continue to thrive.... Growing Role of Indian Textile Industry in the Global Economy The Indian textile and apparel industry, valued at over $100 billion, has emerged as a global powerhouse. With strong... Read More Articles

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