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

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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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This Week In News: Friday 26th January 2024 • Mixed trend in China's luxury fibres; cashmere dips but down fibre up • Singapore ratifies UK's CPTPP entry, boosting trade bloc's worth • UK government bans fake reviews, hidden fees from online shopping • Vietnam's textile & garment exports dip in 2023, miss $48 bn target • Delay, cost escalation likely in India's trade via Suez Canal: ICRA

Advertisement Top Stories Most economies growing neither sustainably nor inclusively: WEF Most economies are growing neither sustainably nor inclusively, and can absorb or generate innovation and minimise their contribution and susceptibility to global shocks in a limited manner, according to 'The Future of... Netherlands, New Zealand top trade digitalisation worldwide: UNCTAD The Netherlands and New Zealand lead in trade digitalisation with implementation rates of 96 per cent each, a UN survey found. Australia, Belgium, South Korea and Singapore follow at 93 per cent. India tops in South... Swiss firm Haelixa bolsters leadership team with new appointments Haelixa, announces Patrick Strumpf as the new CEO and Stefan Karlen joining the Board of Directors. Strumpf's extensive business scaling experience and Karlen's 30 years in supply chain leadership mark a significant... German company Hohenstein releases 2023 sustainability report Hohenstein enhances transparency with its 2023 sustainability report. Achievements include reduced energy consumption, promotion of renewable energy, and employee engagement initiatives. The roadmap outlines goals... Read More News

Advertisement Articles The Fashion industry's Path to Resilience in 2024: Embracing Technology and... The fashion industry, after a tumultuous 2023, is set for transformative changes in 2024. The McKinsey State of Fashion... Kasturi Cotton: India's White Gold with a Green Heart Kasturi cotton ushers in a new era, symbolising India's top-quality cotton leadership. This premium brand... Role of Circularity in Textile Industry in Achieving UN SDGs The textile industry, through circularity, aligns with UN SDGs like clean water, sustainable cities, responsible... Read More Articles

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