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

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

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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 17th November 2023 • Japan, US aim for global net-zero greenhouse gas emissions by 2050 • US retail sales continue YoY growth streak in October 2023: NRF • Euro area GDP sees slight decrease in Q3 2023 • Germany's apparel imports fall 14.1% YoY to €27.8 bn in Jan-Sep 2023 • China top apparel supplier for Australia despite 11.3% drop in Jan-Aug

Advertisement Top Stories Global cotton production sees slight rise to 113.5 mn bales: USDA Global cotton production saw a marginal rise to 113.5 million bales, with Afghanistan and Argentina achieving decade-high yields, respectively. Contrarily, global cotton consumption is projected to drop by 500,000... UK manufacturers gain extended tariff relief in Mexico The UK has extended an arrangement with Mexico, effective from January 1, 2024, to help British manufacturers benefit from lower or zero tariffs. This interim measure remains until a new UK-Mexico free trade agreement... Bangladesh extends tax sops for jute goods manufacturers till FY26 Bangladesh's National Board of Revenue recently extended tax benefits for jute product firms, which will enjoy the reduced tax rate of 10 per cent until fiscal 2025-26. Individuals involved in jute goods production... Benin to spearhead garment manufacturing in West Africa Benin and Burkina Faso, key cotton producers in West Africa, are transitioning to garment manufacturing to boost their economies. Supported by organisations like CMiA, they aim to reduce reliance on raw cotton... Read More News

Advertisement Articles Convertible Garments Buying a convertible garment can be a trend-independent, money-saving, and sustainably wise decision, but only after... Innovations in Eco-Friendly Dyeing Textile dyeing has killed our rivers, harmed vulnerable communities, and poisoned our planet. Fashion brands must shift... AI in Garment Manufacturing The global garment industry is undergoing a transformative shift with the integration of artificial intelligence (AI).... Read More Articles

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