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 2nd February 2024 • Philippines, Vietnam vow to raise two-way trade to $10 bn by 2025 • India Budget FY25: Funds for textile sector up 27.6% to ₹4,392 cr • Indian govt extends RoSCTL scheme for apparel & made ups exports • Vietnam textile-garment sector targets $44 bn export turnover in 2024 • India Budget: FM retains existing rates on direct & indirect taxes

Advertisement Top Stories Global economic growth forecast at 3.1% in 2024 & 3.2% in 2025: IMF Global economic growth is forecast at 3.1 per cent for 2024 and 3.2 per cent for 2025, driven by resilience in the US, large emerging markets, and China's fiscal support. Inflation is set to decline to 5.8 per cent in... Water cost highest in China, lowest in Pak among textile exporters In 2023, China had the highest water cost among major textile and garment exporting countries at $0.34 per cubic metre, while Pakistan was the most cost-effective with a water cost of $0.08 per cubic metre.... European Council adopts mandate to combat forced labour in EU market The European Council has adopted a mandate to combat forced labour in the EU, extending regulations to include distance sales and creating a portal for information. The European Commission's role in investigations is... India's cotton spinning sector to grow 12-14% in FY24: ICRA India's cotton spinning industry is forecast to grow 12-14 per cent in FY24, with yarn exports increasing 85-90 per cent due to higher demand in the US and EU. Despite this, a slowdown in cotton prices may lead to a... Read More News

Advertisement Articles Navigating the Global Apparel Sourcing Landscape The COVID-19 pandemic, evolving trends, a growing interest in ethical fashion and sustainability, and the rising costs... Cultural Integrity in Fashion: Embracing Heritage and Sustainability in Design Fashion and culture are intricately connected, influencing clothing, materials, and even social movements. The article... The Quest for Sustainable Fabric Waste Management and Recycling With only one per cent of clothing being recycled, the fashion industry must find a way to effectively manage and... Read More Articles

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