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 12th January 2024 • World economy set for slowest growth in 3 decades: World Bank • US' textiles & apparel imports drop 20.9% to $97 bn in Jan-Nov 2023 • 2-way stretch polyester/spandex fabric in CAFTA-DR short-supply list • EU to shift to paperless customs process from June 3, implement ICS2 • Switzerland abolishes customs duties on clothing & shoes

Advertisement Top Stories Bangladesh lifts VAT on port services for export-oriented industries Bangladesh's National Board of Revenue recently lifted value-added tax (VAT) on port services for raw material imports and finished goods exports by export-oriented industries. Around 45 per cent of containerised... Steep decline in Vietnam's garment exports amid global market shifts Vietnam's garment exports to North America, its largest market, fell by 26.02 per cent in January-October 2023 compared to the same period in 2022. Asia-Pacific was the second-largest market, though exports there also... Bangladesh's RMG exports up 1.72% to $23.39 bn in July-Dec Bangladesh's RMG exports rose by 1.72 per cent to $23.39 billion in the first half of fiscal 2023-24, missing the target by 7.87 per cent. Knitwear exports increased while woven garments declined. Despite global... Indonesia's fibre exports to Bangladesh surge, yarn plunge in 2023 From January to September 2023, Indonesia's textile exports to Bangladesh saw a marked shift, with fibre exports rising to $124.877 million, accounting for 63.20 per cent of total exports, while yarn exports plummeted... Read More News

Advertisement Articles Home Textiles Sourcing: Global Perspectives and Insights The global home textiles market stands out as one of the most lucrative segments. This article explores the diverse... Organic Cotton Cultivation in India: Enhancing Sustainability Organic cotton cultivation in India has emerged as a transformative practice, revolutionising the sustainability... Can Fashion Ever be Sustainable? Sustainable fashion, focusing on minimal environmental and societal impact, is crucial as industry accounts for... Read More Articles

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