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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Hildred acquires US company Hello Bello | Sweden’s Billerud appoints Andrei Kres as new CFO

December 26, 2023

View in browser www.technicaltextile.net | Wednesday 27th December 2023 What Happened This Week In Technical Textile Industry Hildred acquires US company Hello Bello Hello Bello has been acquired by Hildred Capital Management, a healthcare-focused private equity... Advertisement Sweden's Billerud appoints Andrei Kres as new CFO Billerud has appointed Andrei Kres as its new chief financial officer (CFO). With a decade-long... Suominen launches Biolace with cotton in America Finnish firm Suominen has introduced Biolace with cotton to the US market, a 100 per cent... US' P&G appoints Ashley McEvoy to board of directors Ashley McEvoy, former EVP and worldwide chairman of MedTech at Johnson & Johnson, has been... Advertisement ...

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Andritz to present innovative nonwovens solutions at ANEX in Taiwan | Europe, NA, APAC, China lead spunbonded polyester nonwoven production

April 16, 2024

View in browser www.technicaltextile.net | Wednesday 17th April 2024 What Happened This Week In Technical Textile Industry Andritz to present innovative nonwovens solutions at ANEX in Taiwan Andritz will showcase its nonwovens and textile solutions at ANEX in Taipei, emphasising hygiene,... Advertisement Europe, NA, APAC, China lead spunbonded polyester nonwoven production Price Hanna Consultants has released a report on spunbonded polyester nonwovens, detailing global... UK's BitePRO launches advanced Strongtex anti-ligature clothing brand BitePRO launches Strongtex, an advanced anti-ligature clothing range for healthcare and custodial... New smart fibre can emit light, generate electricity: Journal Science A team from China and Singapore has developed a smart fibre th...

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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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