European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

 

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European fashion giants post diverse regional performance in Q1 FY24 | Rising imports from China: A growing concern for Indian industries

May 09, 2024

View in browser  Weekly Newsletter This Week In News: Friday 10th May 2024 • European fashion giants post diverse regional performance in Q1 FY24 • Rising imports from China: A growing concern for Indian industries • Bangladesh central bank hikes policy rate by 50 bps to 8.5% • US economic growth slows, consumer spending stays strong in Q1: NRF • Jordan extends exemption from customs duties, sea freight charges tax Advertisement Top Stories US cotton exports see notable increase over last week: USDA US Upland cotton net sales increased significantly in 2023-24, reaching 253,700 RB, driven by major orders from China, Pakistan, and Vietnam. Upland sales for 2024-25 also showed strength with 158,900 RB booked,... MS & J...

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Teflon EcoElite™ textile finish: From Nature. For Nature.

October 11, 2023

  If this newsletter is not properly displayed: Click here to view the web version .       October 11, 2023     Exclusive Newsletter   TextileTechnology ...

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Teijin Automotive inaugurates new facility in Huntington, Indiana | Dilo, group members exhibit innovations at Techtextil in Frankfurt

May 07, 2024

View in browser www.technicaltextile.net | Wednesday 8th May 2024 What Happened This Week In Technical Textile Industry Teijin Automotive inaugurates new facility in Huntington, Indiana Teijin Automotive Technologies inaugurated a new topcoat and assembly facility in Indiana,... Advertisement Dilo, group members exhibit innovations at Techtextil in Frankfurt At Techtextil, Dilo, TEMAFA, and Spinnbau showcased innovations at booth B81 in hall 12, alongside... Suominen upgrades production lines in Bethune, US Suominen reinforces its sustainable nonwovens leadership in the Americas with a €10 million... Belgian firm Ontex's like-for-like revenue surges 4% in Q1 FY24 Ontex Group saw a 4 per cent like-for-like revenue increase in Q1 FY24, reaching €460 million... ...

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Weekly Newsletter

This Week In News: Friday 6th October 2023 • China's apparel exports to Germany decline, signalling industry woes • Bangladesh Bank hikes repo rate by 75 bps to 7.25% to fight inflation • Euro area sees inflation rate drop to 4.3% in Sept 2023 • Regulatory concerns should be primary focus: 99GENS founders • Bangladesh's RMG exports jump 13.07% but miss target in July-Sept

Advertisement Top Stories Cambodia raises monthly minimum wage for garment workers to $204 Cambodia's National Council on Minimum Wage recently decided that the new monthly minimum wage for garment, travel goods and bag industries is $202. Prime Minister Hun Manet added an additional $2, making the figure... India's economy soars in FY23 despite global uncertainties: World Bank Despite global headwinds, India's economy grew by 7.2 per cent in FY23, making it the second-fastest among G20 nations, according to a report by World Bank. The country's robust growth is credited to strong domestic... China's manufacturing PMI rises to 50.2 in Sept from 49.7 in Aug China's official manufacturing purchasing managers index expanded to 50.2 in September this year from 49.7 in August, rising for the fourth month in succession and pointing to an uptick in economic momentum.... India's The Yarn Bazaar helps buyer save 13% on yarn costs India's The Yarn Bazaar helped a buyer procure yarn at a cost-effective rate by recommending a switch to 60 KWC yarn from 60 CWC yarn. The solution achieved a 13 per cent reduction in costs without compromising on... Read More News

Advertisement Articles The Road to Garment Factory Survival The clothing retail industry, especially in the West, is going through a difficult phase. At this juncture, readymade... Can India Dominate Pakistan in Home Textiles Export? India and Pakistan have a high export similarity (ESI: 0.8) in home textiles, signifying fierce competition. Notable... Fashion Revolution: The Fusion of Style and Functionality Emerging fashion brands like Zeroi Lab, Spinali, and Dimencci are blending technology and style. Zeroi's smart cap uses... Read More Articles

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