Cheap Chinese imports hit Zimbabwe textile industry
Zimbabwe is being flooded with cheap imports, mainly from China. Imports of low-priced Chinese goods have had a negative impact on the viability and growth of local clothing industry in…
KPR Mill, the Tirupur knitwear company on growth mode
Export performance of the Tirupur knitwear industry shows that it has grown considerably in recent times. It grew by 15.5 per cent in the fiscal year 2014-15 touching Rs 21,000…
Bangladesh's RMG exports to US up 2.85 per cent
The US is the second major destination of Bangladeshi garment products after the EU. Bangladesh’s earnings from export of readymade garments to the US were up 2.85 per cent in…
Indian cotton exports fall
Falling demand from China for cotton and cotton yarn has hit Indian exports as there has been a 20 per cent decline in cotton prices in financial year ’15. China’s…
Vietnam's textile and apparel exports to US up 14.1 per cent
Last year China’s textiles and apparel exports to the US rose by 1.6 per cent. However, Vietnam’s exports to the US grew by 14.1 per cent. The country was responsible…
Cotton stocks pile up in India
The surplus yield of cotton in states like Maharashtra, Madhya Pradesh, Andhra Pradesh and Gujarat has already led to a huge pile up in many godowns across the country. The…
India's spun yarn export earnings drop
India's spun yarn export earnings continued to decline for the 13th consecutive month in May 2015 while volume shipment growth remained positive. In May 2015, spun yarn exports were up…
Pakistan misses cotton target
Pakistan has missed its cotton sowing target by about 10 per cent. Due to unprecedented rains during the early cotton sowing season, and low cotton price, wheat harvest was prolonged,…
Pakistan ginners want withholding tax scrapped
Pakistan's cotton ginners have asked the government to immediately withdraw the 0.6 per cent withholding tax (WHT) on all banking transactions for non-filers as it would discourage banking transactions, promote…
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Threadbare Foundations: Bangladesh’s RMG boom hangs by Indian yarns
Bangladesh’s ready-made garment (RMG) industry is a global juggernaut. Second only to China in apparel exports, the sector is the... Read more
Global fashion brands brace for tariffs, Zara, Shein, H&M, Fashion Nova navi…
Inditex, the parent company of fast-fashion giant Zara, remains "optimistic" about its growth prospects in the United States, even amidst... Read more
Where do donated clothes go? Report debunks landfill myth, highlights global reu…
Forget the image of mountains of discarded clothing polluting landfills. A new white paper by Bank & Vogue Ltd/Ltée reveals... Read more
India-UK FTA: New opportunities beckon Indian fashion retailers and brands
The just concluded Free Trade Agreement (FTA) between India and the UK, a culmination of over three years of negotiations,... Read more
ESG backlash and the future of sustainability in textiles, apparel, and fashion
Julia Vol’s LinkedIn post, echoing the Financial Times headline ‘ESG fund outflow hit record as sustainable investing backlash grows’, strikes... Read more
Hermès' Singular Vision Pays Off: Overtakes LVMH in market cap through decades o…
In a compelling narrative of focused growth versus diversified expansion, luxury powerhouse Hermès has shown the power of brand discipline,... Read more
Price of ‘Made in America’ clothes could rise, revealing hidden costs of fast fa…
The allure of ultra-cheap clothing often masks the intricate economic and social factors that enable low prices. While online platforms... Read more
Shrinking slice of the wallet leads to dip in apparel expenditure in the US
The assertion that Americans in 2023 spent less than 3 per cent of their annual income on clothing, a significant... Read more
Luxury Under Cloud: ‘Exclusivity’ in focus as authenticity, origin, and status s…
The rarefied world of luxury goods is facing a numerous challenge that strikes at the very heart of its allure:... Read more
EU Green Deal: New ecodesign rules prioritize textiles for a sustainable future
The European Commission has released its first Working Plan under the Ecodesign for Sustainable Products Regulation (ESPR), and textiles and... Read more