Maintaining price-flexibility will help brands tide over recession: Re…
Fast fashion brands across the US and the UK markets have increased price points across, reveals latest data from Stylumia. Based on latest analysis by KPMG, the report compares retail list price of select brands and retailers in the standard and fast-fashion segments. The performance of these brands and retailers is... Read more
China’s textile industry outlook remains bleak as 30% companies report…
The outlook for China’s textile industry is rather bleak. Nearly, 30 per cent companies have reported a loss in the first five months of this year, as per data by China National Textile and Apparel Council. Similarly, companies’ total profit declined 20 per cent compared to the same period last year. The ... Read more
China’s PSF exports increase while imports decline in May 2022
In May 2022, China’s PSF exports increased 24.4 per cent Y-o-Y and 0.8 per cent M-o-M to 90,000 tons. Imports declined 44.4 per cent Y-o-Y and 8.5 per cent M-o-M to 6,500 tons. However, in the first five months of 2022, exports declined by 4.6 per cent Y-o-Y to 19,200 tons, says a CCF Group report. China gave ... Read more
Future outlook for apparel retail globally remains positive despite ob…
Even as a few sectors continue to reel under the COVID pressures, across the world, apparel retail, is booming. Figures show, 2022 was particularly a good year for fashion retail as it managed to navigate through all challenges, be it the Omicron scare or the ongoing Russia-Ukraine conflict. US leads retail sales gr... Read more
Vietnam could gain if Bangladesh fails to tap duty-free knitwear expor…
National perspective plans ‘Vision 2021’ and ‘Vision 2041’ were launched by Bangladesh to transform itself from least developed countries (LDCs) to a middle-income country, and become a developed nation by 2041. ‘Vision 2041’ aims to amplify Bangladesh’s bilateral tra... Read more
European nonwoven fabric consumption remains flat from 2014-2019
From 2014-2019, EU’s consumption of nonwoven fabrics recorded a relatively flat trend. The market attained maximum consumption level of $7.6 billion in 2018, before declining slightly in 2019. The figure reflects total revenues achieved by producers and importers excluding their logistics and retail mar... Read more
Global textile and apparel industry seeks new horizons as sourcing mov…
Latest OTEXA statistics reveals the global textile and apparel trade is shifting with countries moving away from China to newer sourcing destinations like Vietnam, Bangladesh, India, etc. Textile exports to the US decline 9 per cent An analysis of the data from 2009 and 2019 reveals in 2019, China’s t... Read more
India’s cotton production to increase while consumption to decrease: C…
At its recent meeting, Cotton Association of India (CAI) increased its cotton production estimates for the 2019-20 season by 19 lakh (1.9 million) bales to 354.50 lakh (35.45 million) bales of 170 kg each. The committee increased its production estimate for the North zone by 3 lakh (0.3 million) bales, Centra... Read more
Zimbabwe’s clothing and textile makers need to create national trends …
Heavily influenced by fashion trends, the global clothing and textile market has grown from $925 billion in 2015 to $1 trillion in 2019, indicates Trade Map. During this period, top global exporters of clothing and textile last year were: China, Vietnam, Italy, Germany and Bangladesh. Meanwhile Africa’... Read more
India’s babywear market blooms while world market tumbles
As per a report by textileexcellence.com, in contrast to world exports, India’s exports of baby garments increased 4.90 per cent in 2019. The country accounted for a 12 per cent share in world babywear market. Of all, knitted apparels were the most exported items with its exports growing by 9.64 per cen... Read more
China’s e-commerce report for Textiles and Apparel 2019 showed stable …
In the pre Corona period, statistics show 2019 as an year of continued growth in textiles and apparel online sales to conclude 6.69 trillion Yuan, up by 12.06 percent Year- on- Year. B2B ecommerce sales topped taking a lion-share of 73.24 percent at 4.9 trillion Yuan. Online retail sales of apparel/home-textiles mainta... Read more
Pakistan Textile Industry to grow by 20% in FY23: APTMA
Dr Gohar Ejaz, Patron in Chief, All Pakistan Textile Mills Association (APTMA) indicated,... Read more
Cambodia’s garment export surge by 39.36% from Jan-June’22
Knitted and non-knitted apparel and clothing accessories (HS code 61 and 62) exports by Cambodi... Read more
Tunisia’s textile and clothing exports increase 21.86% from Jan-May’22
Tunisia’s textile and clothing exports grew 21.86 per cent to touch €1,137.8 million... Read more
India’s textile and apparel exports to grow to $110 bn in six years: Bain …
India’s textile and apparel exports are set to grow to $95-110 billion by the next six ye... Read more
US denim imports up 40 per cent
Imports of denim jeans by US brands and retailers increased 40 per cent year over year through ... Read more
Nylon leggings a rage among women
The global leggings market is growing at six per cent a year. The growth is driven by rapid ur... Read more
Knitwear maintains export momentum in Bangladesh
Bangladesh’s knitwear exports maintained robust growth in the 2021-22 fiscal year. As per... Read more
RCEP to help attract more investments in apparels and textiles
With the world’s largest free trade agreement, the Regional Comprehensive Econo... Read more
India’s apparel exports up 35 per cent in 2021
Indian apparel exports grew by 35 per cent during the first nine months of 2021... Read more
Egypt’s RMG exports increase 38 per cent from Jan to Nov
From January to November end 2021, Egypt’s readymade garment and apparel ... Read more
US junior wear imports up 32 per cent from January to October
During the first 10 months of 2021, import of children’s wear into the US... Read more
Cotton prices decline by 5% Y-o-Y in October 2020
While cotton prices continued to gain by 2-4 per cent month on month (MoM) in O... Read more
Myanmar exports garments worth $4.28 billion under CMP system
According to the Ministry of Commerce,Myanmar exported garments under the cut-m... Read more
Canada’s apparel imports decline in September
As per Apparel Resources, the apparel imports by Canada declined on both Y-o-Y ... Read more
More US fashion companies to use USMCA for apparel sourcing in 2020: Survey
According to a 2020 USFIA Fashion Industry Benchmarking study, more US fashion ... Read more
India’s cotton exports to rise by 30% in 2020-21
Trade sources predict India’s cotton exports will rise 30 per cent from 5... Read more
China’s sewing machinery exports decline by 21.90 per cent
As per Kohan Textile Journal, from January-June 20, China’s exports of th... Read more
Bangladesh apparel exports jump 51% on order restoration BGMEA
As per Bangladesh Customs' data on daily exports compiled by BGMEA, the country... Read more
US-China trade row to benefit Sri Lankan apparel exporters
Wing Tak Bill Lam, Chairman, Teejak Lanka feels, trade conflict between the Uni... Read more
Global garment industry to grow 8.8 per cent CAGR from 2021-27
An Allied Market Research report says, global readymade garment industry is exp... Read more
USFIA releases Seventh Fashion Industry Benchmarking Study
The United States Fashion Industry Association (USFIA) has released the seventh... Read more
Bangladesh's global clothing exports share rises to 6.8 per cent: WTO
According to the World Trade Statistical Review 2020, published by the World Tr... Read more
Cotton Association of India increases crop estimates for 2019-20 season
The Cotton Association of India (CAI) has increased crop estimates for 2019-20 ... Read more
China’s industrial enterprises’ profit declines by 19.3 per cent
Data released by the National Bureau of Statistics reveals that the profit of C... Read more
Pace of decline in Pakistan’s textile exports slows down
Data released by the Pakistan Bureau of Statistics showed the pace of decline i... Read more
Danish company raises €1.1 M fund
Beyond Leather Materials, a company that produces plant based, eco-friendly alt... Read more
Bangladesh garment exports to the US to rebound slowly: OTEXA
Bangladesh's garment exporters expect a slow rebound of shipment to the US mark... Read more
Bangladesh banks on Canadian market despite fall in exports
Despite 47 per cent decline in apparel exports to the country in April, Banglad... Read more
Functional apparel market to grow at 7.4 per cent CAGR by 2027
The global functional apparel market size is expected to grow at a CAGR of 7.4 ... Read more
USDA estimates 15 per cent decline in world cotton use in 2019 marketing ye…
US department of agriculture (USDA) estimates world cotton mill use to plunge n... Read more
Sub-Saharan apparel exports surge during Jan-April 2020: OTEXA
According to OTEXA, the Sub-Saharan region has seen an increase in its apparel ... Read more
Textile demand to decline 25-35% in FY21: Report
The demand of textile value chain, including yarn, fabric and apparels is likel... Read more
IAF to decrease apparel sales by 50%
The International Apparel Federation (IAF) is expected to decrease apparel sales 50 per cent by... Read more
Bangladeshi apparel, footwear manufacturer revenue decline 77 per cent
A survey titled “Sedex Insights Report: Covid-19 Impacts on Businesses’ reveals rev... Read more
Bangladesh’s raw cotton production to record marginal growth in MY 2019-20:…
According to a report by the United States Department of Agriculture (USDA), COVID-19 pandemic ... Read more
Bangladesh RMG exports decline by 62%
According to the National Board of Revenue provisional data compiled by the Bangladesh Garment ... Read more
India’s fabric exports increase to 39 per cent
Recent monthly export data by Textilebeacon suggests, the share of fabric exports in total expo... Read more
WTO Barometer predicts decline in world merchandise trade in H1 2020
Latest WTO Goods Trade Barometer reveals the volume of world merchandise trade is likely to fal... Read more
India’s exports of formal exports decline
As per latest data released by the government of India, export of formal jackets saw negative g... Read more
China’s sewing machinery exports decline
According to the recently released data by General Administration of Customs, China’s sew... Read more
Chinese factory owners to extend holidays
The dismal performance of Chinese apparel and textile factories due to lack of orders is now fo... Read more
US denim imports in March decline significantly
US’ denim imports declined significantly in the first three months of the year. US compan... Read more
Sri Lanka’s apparel exports to dip by 30% in June
Compared to the last fiscal year, the Joint Apparel Association Forum (JAAF) foresees an immedi... Read more
Coronavirus poses grave risks for Asian garment industry
Order cancellation by Western countries due to the COVID-19 pandemic spells doom for the garmen... Read more
COVID-19: Indian exports to China, Hongkong to decline by 41%
Weighed by the impact of COVID-19 outbreak, India's exports to China and Hong Kong together slu... Read more
US’ cotton trouser imports drop 11 per cent
Cotton trouser imports by the US dropped 11.65 per cent in volume terms in January 2020. The fa... Read more
Egypt plans to quadruple textiles and garments exports by 2025
In January 2020, Egypt’s exports of readymade garments fell three per cent. Egypt’s... Read more
Global exports of worn clothing and articles decline 6.92 per cent
Data from TexPro shows, global trade of the worn clothing and other worn articles has declined ... Read more
US import of brassieres decline by 23.03 per cent
As pr OTEXA, import of brassieres by the US fell 23.03 per cent to $1,847.57 million in January... Read more
Vietnam garment, textile export down three per cent
Vietnam’s export turnover of garment and textile products in the first two months of 2020... Read more
Taiwan’s textile and apparel exports decline by 9 per cent
Taiwan Textile Federation, Taiwan’s textiles and apparel exports declined 9.0 per cent in... Read more
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