From January to April 2017 EU’s apparel imports dipped 2.88 per cent. China’s quantity-wise apparel exports to the EU dropped by 3.31 per cent. Vietnam, Bangladesh and India too saw a drop in quantity-wise exports by 0.78 per cent, 1.76 per cent and 2.06 per cent respectively.
Weak euro and the fall of the sterling were the main reasons behind the decline. Falling demand is another reason. Retail stores are rapidly closing in Europe and renowned clothing brands are cutting their apparel quantities. The increase in unit prices has also impacted EU imports negatively. There was also a rise in unit value realization, which indicated that the EU is importing apparel by paying more value to the exporting countries.
This change in retail landscape and consumer behavior is shifting demand from in-store shopping to online purchasing, making the EU a tech-driven market. The EU is the second largest apparel importer in the world. In the second half of 2017 how the EU’s apparel sector fares would depend on global economic conditions as well as trade policies across the world. The transition from retail store to digital shopping might take some time to really build up and in the meantime demand for imports may rise or remain steady.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
AI goes invisible as fashion brands rewire design studios
The fashion industry's digital transformation is entering a new phase. After investing heavily in sophisticated 3D computer-aided design (CAD) platforms... Read more
Natural fibers gain ground as global retail pushes back against polyester
A change is underway across the global textile industry as consumer preferences begin to alter sourcing decisions that have long... Read more
From exclusivity to engagement, luxury retail rewrites its growth strategy for 2…
The global luxury industry is entering a different growth cycle. After years of post-pandemic spending riding on affluent consumers and... Read more
Shaping the future of fashion at BRICS+ 2026
The upcoming BRICS+ Fashion Summit in Moscow promises to be a pivotal international gathering, offering a dedicated platform for fast-growing... Read more
The 10.3 mn-tonne cotton trade boom will be driven by scarcity, not surplus
The global cotton trade is entering an unusual expansion phase. Trade volumes are expected to rise steadily over the next... Read more
From Volume to Value: How fashion supply chains are defending margins through 20…
For decades, the global textile and apparel industry measured success through factory utilisation. Full order books, high machine occupancy and... Read more
The new retail math, smaller footprint, faster returns, sharper focus
The US retail industry is passing through one of its most impactful change in decades. What appears on the surface... Read more
The Operator Economy: China is rewriting the rules of global brand ownership
For decades, Western brands relied on centralized control over design, distribution, merchandising, and retail expansion in China market. That model... Read more
US cotton blacklist reshapes global textile supply chains
The US’ latest expansion of the Uyghur Forced Labor Prevention Act (UFLPA) Entity List is more than another trade sanction.... Read more
Lean stores, stronger margins, H&M's strategy reflects global retail reset
Profits are taking precedence over physical expansion in global apparel retail today. Years of building extensive store networks are giving... Read more












