Despite growth, Indian textile exports continue to suffer
Though a slowdown in China, political unrest in Bangladesh and labour and other issues in Vietnam gave an opportunity to Indian textile exporters, the segment managed to expand its performance…
Surat textile market suffers because of payment defaults
Surat's textile markets are getting negatively affected because of defaulters from Madhya Pradesh, Rajasthan, Uttar Pradesh and Bihar. Defaults worth over Rs 700 crores have been reported from these markets…
Coats buys GSD supply management
Coats, world’s leading industrial thread and consumer textile crafts business, has acquired GSD. Coats is a recognised industry leader, with long standing expertise and deep industry relationships.GSD, a UK based…
Bangladesh's exports to US up 6.25 per cent
Bangladesh's ready-made garment exports to the US increased by 6.25 per cent in the first quarter of 2015 compared to the corresponding period last year. However, apparel exports from Vietnam…
US apparel imports rise 19 per cent in March
As e dollar remained strong against other currencies, US apparel imports rebounded in March. Apparel imports surged 19 per cent in March, compared to the same month last year, to…
Aditya Birla adopts forest policy to reduce carbon footprint
One of world's largest fabric makers for the fashion industry, Aditya Birla has decided to abide by the policy to exclude fiber produced at the expense of endangered forests, reports…
Vietnam's garment exports up 16 per cent
In 2014, Vietnam's textile and garment sector saw a 16 per cent rise in the level of exports. While exporting garments is big business in Vietnam, investors should not ignore…
Textile industry in Pakistan apprehensive about closure
In case the Pakistan government alters the Reduced Rate Regime, and fails to release stuck up funds and ensures immediate liquidity supply from banks, the textile industry will face 50…
TPP effects on Vietnam: 'Yarn Forward'
‘Yarn forward’ forms a key part of the proposed format of the Trans-Pacific Partnership (TPP), a United States led trade agreement involving twelve countries, which is under negotiation. In essence,…
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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