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India Tightens Belt on Chinese Textiles: A cause for celebration or mi…

India Tightens Belt on Chinese Textiles: A cause for celebration or missed opportunity?

  India's recent move to impose a minimum import price (MIP) of $3.50 per kilogram on specific synthetic knitted fabrics from China has sparked debate within the textile industry. This policy follows earlier restrictions on fibre and yarn imports under Quality Control Orders (QCO)/Bureau of Indian Standards (... Read more

Beyond Imports: China's domestic yarn producers rise to the challenge

Beyond Imports: China's domestic yarn producers rise to the challenge

  China's dominance in the global yarn market was reaffirmed recently by the Shanghai Yarn Expo, which drew international participation from March 6 to 8. However, the post-Covid era has brought significant changes to the industry, presenting both challenges and opportunities. Challenges for China Rising co... Read more

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

  While India and Bangladesh launched rupee-based trade in June 2023 to reduce dependence on the US dollar, the initiative faces an uphill battle. With a turnover of just $0.46 million in nearly seven months, the program suffers from several challenges. Current challenges Dollar dominance: The global domina... Read more

Mixed Performance for T&A sector as WTI sales down, WAI sales up i…

Mixed Performance for T&A sector as WTI sales down, WAI sales up in 9M FY24: Wazir Advisors

  The Wazir Advisors, a leading financial advisory firm, released its latest textile and apparel sector performance report. The report, based on the Wazir Textile Index (WTI) and Wazir Apparel Index (WAI), reveals a mixed bag for the industry in the first nine months of FY24 (April-December 2023). Textile se... Read more

Pakistan showcases its textile strength at Yarn Expo 2024

Pakistan showcases its textile strength at Yarn Expo 2024

  Pakistani textile manufacturers left their mark at the recently concluded Yarn Expo 2024, held in Shanghai from March 6th to 8th, showcasing their prowess in yarn production and innovation. The event served as a platform to showcase the country's prowess in yarn production and explore new business opportuni... Read more

China to view VIATT's success with a mix of caution and opportunity

China to view VIATT's success with a mix of caution and opportunity

  The recent show ‘The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 24’ sent a clear message: Vietnam's textile and apparel industry is a force to be reckoned with. The expo's success highlights a complex relationship between Vietnam and China, a story of... Read more

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambo…

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambodia remains top gainer

  The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, has shown promising results for Cambodia in its first year. Its total trade with RCEP members reached nearly $30 billion, with exports growing by 28 per cent and imports falling by 13 per cent. However, the sto... Read more

De Minimis loophole threatens US textile industry revival: A looming c…

De Minimis loophole threatens US textile industry revival: A looming crisis in age of ecommerce

  The American textile industry, once a titan of global manufacturing, has faced numerous challenges in recent decades. After enduring the blows of trade agreements like NAFTA, it appeared to be on the path to revival. However, a new threat has emerged, not in the form of sweeping trade deals, but rather a se... Read more

SIMA cautions against panic buying as cotton prices rise

SIMA cautions against panic buying as cotton prices rise

  The Indian textiles and clothing industry, primarily reliant on domestically grown cotton, faces a tumultuous period marked by surmounting challenges. Despite grappling with issues like high capital costs, tariff barriers, and soaring power expenses, the sector traditionally leveraged competitive domestic c... Read more

Fashion in Flux: Shifting tides in US apparel imports

Fashion in Flux: Shifting tides in US apparel imports

  The US apparel industry is undergoing a significant paradigm shift, driven by evolving consumer preferences, changing global dynamics, and technological advancements. Gone are the days of solely relying on low-cost, mass-produced garments from traditional suppliers like China. Consumers are demanding more, ... Read more

Looming recession threatens global textile and apparel industry

Looming recession threatens global textile and apparel industry

  The latest Economic Experts Survey paints a concerning picture for the global economy, with a significant risk of recession looming by the end of 2024. While experts remain cautiously optimistic overall, the potential impact on the textile and apparel industry is particularly worrisome. The World Trade Orga... Read more

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China’s apparel market poised for recovery in 2024

  China's domestic apparel market is poised for recover in 2024. With Government polici... Read more

Pakistan registers 0.65% decline in textile exports from July-Feb’2023-24

  A cornerstone of Pakistan's economy, the textile sector has faced a slight setback wi... Read more

Lenzing's 2023 annual sustainability report revealed

  In a pioneering move within the textile industry, the Lenzing Group has unveiled its ... Read more

India targets $10 billion technical textiles exports by 2030

  The Indian government has set an ambitious target of achieving $10 billion in technic... Read more

Honduras emerges as the largest apparel exporters to the US in 2023: OTEXA

  Analysis of data from the US Office of Textiles and Apparel (OTEXA) indicates, Hondur... Read more

Pakistan textile sector records 57.8% decline in net profit during Q2 fisca…

  In Q2 of fiscal year 2024, Pakistan's Textile Composite sector witnessed a steep 57.8... Read more

Global sports apparel market to be worth $75.6 billion by 2027: Technavio R…

  The global sports apparel market is poised to reach $75.6 billion by 2027, growing at... Read more

Bangladesh RMG exports surge by 13.93% in Feb’24: EPB

  Bangladesh's Ready-Made Garment (RMG) exports surged by 13.93 per cent Y-o-Y to $4.49... Read more

Turkish textile industry shows signs of improvement

  Omer Bolat, Minister of Commerce, Turkey, says, textile and raw materials exports fro... Read more

APTMA Southern Zone firmly rejects gas tariff hike

  In a resolute stance against the staggering 223 percent rise in gas tariff over the p... Read more

Textile and apparel exports may decline further; APTMA warns SIFC

  All Pakistan Textile Mills Association (APTMA) has warned the Special Investment Faci... Read more

Pakistan’s textile exports grow to $1.41 billion in February 2024: APTMA

  Marking the third consecutive month of year-on-year increase, Pakistan's textile expo... Read more

Global activewear market to be worth $771.8 billion by 2032: Report

  Currently valued at $425.5 billion in 2022, the global activewear market is expected ... Read more

India’s cotton exports to reach highest levels in 2 years: CAI

  In February, Indian cotton exports are poised to reach the highest level in two years... Read more

ICAC: Rapid rise in cotton prices driven by speculative buying

  Recent data from the Cotton This Month report has revealed a remarkable upswing in co... Read more

Women’s apparel market to grow to $1,280 billion by 2033-end: FactMR

  Having surged to a staggering $863 billion in 2023, the global women's apparel market... Read more

Cambodia’s T&A exports drop to $11.1 billion in 2023

  Cambodia's textiles and apparel (T&A) exports declined by 13.3 per cent to $11.1 ... Read more

Chinese fashion icons team up with Canopy for forest protection

  In a significant move to mark the Lunar New Year, three prominent Chinese fashion con... Read more

Comprehensive prosperity index for China’s textile industry grows in 2023

  Rebounding notably, the comprehensive prosperity index for the China’s textile ... Read more

Global technical textile market to grow at 5.7% till 2032

  Growing at a CAGR of 5.7 per cent, the global technical textile market is poised to r... Read more

Establish MIP for fabric imported from China, urge textile leaders

  India’s textile leaders are urging the Central Government to establish a minimu... Read more

China’s cotton yarn imports from Pakistan surge 46.7 % in 2023: CCCT

  In 2023, China’s cotton yarn imports from Pakistan surged by 46.7 per cent to a... Read more

ICAC: 2023 CSITC continues decade of improvement

  The International Cotton Advisory Committee's (ICAC) Task Force on Commercial Standar... Read more

Lindstrom India introduces recycled polyester workwear

  Lindstrom India, a key player in textile rental services and a subsidiary of Lindstr&... Read more

Global yoga clothing market to reach $70,291.0 million by 2030: Report

   The global yoga clothing market is poised to reach $70,291.0 million by 2030, e... Read more

India records 11% surge in RMG exports in January 2023

   In January, India witnessed an 11 per cent surge in its RMG exports to $11.57 b... Read more

Turkey’s nonwoven fabric exports decline by 84.1% in December 2023

  In December 2023, Turkey’s exports of nonwoven fabrics decreased by 84.1 per ce... Read more

India’s cotton output to remain at 294.10 bales in 2023-24 season: CAI

  Affirming its projections, the Cotton Association of India (CAI) in January 2024, mai... Read more

Global plus size market to reach $696,712.1 million by 2027: Report

  Valued at $480,991.8 million in 2019, the global plus size clothing market is project... Read more

Flipkart’s BBD boosts international sales for Walmart during Q4 FY24

  Propelled by Flipkart’s stellar performance during its annual Big Billion Days ... Read more

Mixed fortunes for Bangladesh as exports of knitwear rise, woven apparels d…

  Bangladesh's textile industry is experiencing mixed fortunes, with knitwear exports e... Read more

Philippine garment industry faces challenging year ahead as revenues remain…

  The Philippine garment industry faces a challenging year ahead, with revenues expecte... Read more

Spinnova's sustainable innovation shines at New York Fashion Week

  Spinnova, the sustainable textile material company, made a striking return to the pre... Read more

Cotton import duty slashed in India to boost exports

  Effective February 20th, 2024, the Indian government eliminated import duties and AID... Read more

Mexico retains top position despite 22% dip in wool imports from Argentina

  Despite a 22 per cent decline in imports from July to December 2023 compared to the s... Read more

Global digital printing market to grow to $8.8 billion by 2034

  Driven by a surge in demand for personalised products, rapid technological advancemen... Read more

SIMA applauds textile focused policies in Tamil Nadu budget

  Tamil Nadu, long a powerhouse in India's textile industry, has faced challenges maint... Read more

Italian textile machinery orders remain stable in Q4 2023

  The latest report from the Economics Department of ACIMIT reveals a stable performanc... Read more

Pakistan reports 10.10% rise in T&C exports in January 2024

  Pakistan’s textile and clothing (T&C) exports grew for the second consecuti... Read more

India’s textile exports decline by 1.18% in January 2024: CITI

  In January 2024, India’s textiles exports declined by-1.18 per cent compared to... Read more

Sympatex unveils sustainable footwear technologies at Lineapelle Milan 2024

  Sympatex, the forefront supplier of sustainable high-tech functional materials, is se... Read more

Lenzing Group updates climate targets to align with Paris Agreement

  The Lenzing Group, a prominent global producer of regenerated cellulosic fibers, has ... Read more

European apparel exports to the US shine amid global downturn

  In 2023, US’ total apparel imports plummeted by 22 per cent to reach $77.8 bill... Read more

GTIL reinforces industry leadership with acquisition of Globe Denwash

  Globe Textiles India Limited (GTIL), a prominent figure in the textile sector known f... Read more

Brazil retains position as world’s second largest cotton exporter in 2023

  Despite a 10 per cent drop in exports compared to 2022, Brazil managed to retain its ... Read more

Women’s hosiery exports from Turkey fall by 5.8% in November

  Marking a second consecutive month of decline, export of women's hosiery  items ... Read more

Bangladesh reports 25% decline in apparel exports to the US in 2023: OTEXA

  Global economic slowdown combined with local production hurdles led to over 25 per ce... Read more

Canifa's app conversion jumps 54 per cent with CleverTap

  Leading Vietnamese fashion brand, Canifa, has seen a remarkable 54 per cent jump in a... Read more

SP Apparels diversifies portfolio with acquisition of young brand apparel

  SP Apparels (SPAL), a prominent player in the apparel manufacturing and export indust... Read more

ITMF survey: Positive outlook emerges for global textile industry

  In January 2024, the latest ITMF Global Textile Industry Survey (GTIS) revealed a not... Read more

Textile machinery sales in Bangladesh to rebound in 2024

  After a challenging 2023 due to global economic slowdown, textile machinery sales in ... Read more