Colin Huang, founder of PDD Holdings, has become China's richest person, surpassing ZhongShanshan.
Huang, a former Google employee, launched e-commerce giants Pinduoduo and Temu. With a net worth of $48.6 billion, he's now the world's 25th wealthiest.
Temu, expanding globally, faces scrutiny for alleged manipulative practices.
India's pivotal role in the global natural fiber industry took center stage at the Natural Fiber Connect (NFC) conference held... Read more
The Indian home textile industry is on the cusp of a remarkable revival, with projections indicating an 8-10 percent sales... Read more
Green yarn and fibre platform returns Yarn Expo Spring 2025 is set to take place from March 11-13 at the National... Read more
Bangladesh's recent political unrest, has tested the resilience of its garment industry, a cornerstone of the nation's economy. While some... Read more
As the global fashion industry prepares to embrace greener practices, manufacturers in low-income countries are feeling the heat of the... Read more
China, once a seemingly insatiable consumer of luxury goods, is experiencing a change in its relationship with high-end brands. Interest... Read more
Cinte Techtextil China 2024, held from September 19–21, marked a significant milestone for the technical textiles and nonwovens industries, showcasing... Read more
A survey by Textiles Intelligence highlights optimism amid global challenges in textile industry. The positive buzz has been generated by... Read more
The Kasturi Cotton brand and initiative was launched in India with the ambitious goal of revolutionizing the country's cotton industry... Read more
In a concerning trend that threatens environmental health and sustainability goals, a new report by the Changing Markets Foundation has... Read more
