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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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 12th January 2024 • World economy set for slowest growth in 3 decades: World Bank • US' textiles & apparel imports drop 20.9% to $97 bn in Jan-Nov 2023 • 2-way stretch polyester/spandex fabric in CAFTA-DR short-supply list • EU to shift to paperless customs process from June 3, implement ICS2 • Switzerland abolishes customs duties on clothing & shoes

Advertisement Top Stories Bangladesh lifts VAT on port services for export-oriented industries Bangladesh's National Board of Revenue recently lifted value-added tax (VAT) on port services for raw material imports and finished goods exports by export-oriented industries. Around 45 per cent of containerised... Steep decline in Vietnam's garment exports amid global market shifts Vietnam's garment exports to North America, its largest market, fell by 26.02 per cent in January-October 2023 compared to the same period in 2022. Asia-Pacific was the second-largest market, though exports there also... Bangladesh's RMG exports up 1.72% to $23.39 bn in July-Dec Bangladesh's RMG exports rose by 1.72 per cent to $23.39 billion in the first half of fiscal 2023-24, missing the target by 7.87 per cent. Knitwear exports increased while woven garments declined. Despite global... Indonesia's fibre exports to Bangladesh surge, yarn plunge in 2023 From January to September 2023, Indonesia's textile exports to Bangladesh saw a marked shift, with fibre exports rising to $124.877 million, accounting for 63.20 per cent of total exports, while yarn exports plummeted... Read More News

Advertisement Articles Home Textiles Sourcing: Global Perspectives and Insights The global home textiles market stands out as one of the most lucrative segments. This article explores the diverse... Organic Cotton Cultivation in India: Enhancing Sustainability Organic cotton cultivation in India has emerged as a transformative practice, revolutionising the sustainability... Can Fashion Ever be Sustainable? Sustainable fashion, focusing on minimal environmental and societal impact, is crucial as industry accounts for... Read More Articles

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