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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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 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 16th February 2024 • Are sustainability and personal choice at odds? • MEPs push for stricter measures to tackle textile waste in Europe • Japan's economy slips to 4th largest behind Germany, enters recession • China remains Germany's top trade partner; US close behind • Sri Lanka's garment exports drop 19% to $4,440 mn in 2023

Advertisement Top Stories Bangladesh revises export subsidy rates Finance ministry issues new notification; alters markets, RMG incentives, and effective date. Revised notification restores Australia, India, Japan as 3 per cent incentive markets. The revised circular now includes... EU Council, Parliament reach agreement on reform of fiscal regulations The European Council and the European Parliament have reached a provisional political agreement on the proposed reform of the EU economic governance framework. The aim is to ensure sound and sustainable public... Indian fashion retailers shine in Q3 FY24 with robust growth Indian fashion retailers reported strong Q3 FY24 growth. Shoppers Stop saw a 7 per cent sales increase but lower profitability. Raymond's revenue grew by 11 per cent, with net profit doubling. Reliance Retail's... US' textiles & apparel imports drop 20.5% to $104.9 bn in 2023 In 2023, US textile and apparel imports declined to $104.959 billion from $132.034 billion in 2022. China leads with a 24 per cent market share, followed by Vietnam at 14.59 per cent. Apparel imports fell by 22.05... Read More News

Advertisement Articles How New Regulations Will Accelerate Sustainability and Circularity in the... The convergence of several impactful acts and regulations in the textile industry signals pivotal shift towards... Red Sea Crisis: Global Brands Face Supply Disruption in Textiles and Apparel The Red Sea crisis is causing a ripple effect in global T&A trade. Prolonged disruptions in the supply chain persist as... Ensuring Excellence: Quality Control in Garment Manufacturing Quality control is indispensable in the apparel industry to ensure that all garments adhere to specific standards,... Read More Articles

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