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

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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

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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 3rd November 2023 • Turkiye's apparel exports slip 3.39% to $14.7 bn YoY in Jan-Sept 2023 • Rise in duty drawback rates to boost India's struggling textile sector • Netherlands' economic climate experiences downturn in October • France sees drop in annual inflation to 4.0% in October 2023 • ETCA talks resume, aiming to boost India-Sri Lanka trade

Advertisement Top Stories Bangladesh Bank relaxes regulations for encashing export proceeds The Bangladesh Bank recently allowed encashment of export proceeds at the prevailing exchange rate of foreign currencies in due time even if there is delay in realisation of proceeds. The flexibility will be offered... Cambodia's apparel-clothing accessory exports fall 17% YoY in Jan-Sep Cambodia's exports of apparel and clothing accessoriesâ€"crocheted, knitted and non-knittedâ€"saw a year-on-year (YoY) drop of over 17 per cent in the first three quarters this year to $5.926 billion. Exports of knitted... South Korea's apparel imports from Vietnam total $2.281 bn in Jan-Aug Between January and August 2023, South Korea's apparel imports from Vietnam totalled $2.281 billion. The country bought 640.624 million garments at an average price of $3.56 each and 1,877.32 kg of garments at $17.35... EU, Japan conclude deal on cross-border data flows The EU and Japan recently concluded in Osaka a deal to make doing business online easier, cheaper and more efficient. The agreement will benefit firms active across most sectors. It will enable them to handle data... Read More News

Advertisement Articles Beyond Borders: Challenges and Opportunities in Global Supply Chains The global textile industry is evolving with a focus on sustainability, innovation, and regional trade patterns. Data... Indian Textile Industry: How Technology can Boost Sustainability & Bottom Line The Indian textile industry, vital for the country's economy, is grappling with environmental concerns and the need for... Solving Fabric Waste for a Greener Fashion World The fashion and textile industry generates significant fabric waste, impacting the environment and our daily lives.... Read More Articles

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