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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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 1st December 2023 • India's Utilisation Rate of ECTA with Australia increases to 77% • Turkiye, Vietnam agree to raise two-way trade to $4 bn • Vietnam to impose global minimum tax on foreign companies from 2024 • Global fashion markets forecast to remain unsettled in 2024 • Can protectionism propel Turkiye’s textiles economy?

Advertisement Top Stories Global trade volumes recover amid high uncertainty: WTO The volume of global merchandise trade is recovering after its recent slump, according to the latest quarterly WTO goods trade barometer, which noted that mixed economic results coupled with increasing geopolitical... UK, S Korea announce launch of negotiations to upgrade bilateral FTA The UK and South Korea recently announced the launch of talks to upgrade their bilateral free trade agreement. The first round of negotiations will commence in Seoul on January 22 next year. Both sides will work to... Currency swap deal to boost China's apparel exports to Saudi Arabia China's currency swaps, like the $6.98 billion deal with Saudi Arabia, aim to lessen US dollar dependence, stabilise exchange rates, and promote bilateral trade. These pacts facilitate increased investments, cheaper... Bangladesh makes Tk 12,500 minimum wage official for RMG workers Bangladesh's Minimum Wages Board recently officially set Tk 12,500 as the minimum monthly wage for entry-level workers in the readymade garment sector. The wage structure has also been streamlined, with the number of... Read More News

Advertisement Articles From Waste to Wonder: An In-Depth Exploration of Plastic Recycled Yarn and its... The global plastic market has been on a rise, reaching substantial values in recent years. With a projected growth... Shrinkflation in the Textile and Apparel Industry: A Subtle Challenge Shrinkflation, a subtle yet impactful trend, characterised by reducing product size or quality while keeping prices... Cultivating Sustainability: Regenerative Agriculture in Textiles The textile industry, valued at almost $1 trillion and employing 75 million, confronts environmental issues... Read More Articles

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