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China's shifting export dynamics and the declining importance of the U…

A recent analysis by David Birnbaum reveals a significant shift in China's export focus, specifically concerning the US’ as a major destination for Chinese goods. While the US remains a big player in certain sectors, particularly garments, the overall importance of the US market to China's economy is ... Read more

Apparel demand remains strong, but economic clouds loom: Wazir Advisor…

Wazir Advisors April 2025 ‘Apparel trade scenario in key global markets and India’ captures the evolving dynamics of global apparel trade and retail. Data from major supplier and buyer nations points toward a steady recovery in demand, even as underlying economic signals hint at emerging challen... Read more

Vietnam and India eye mutual gains amidst global trade shifts

At a time of evolving trade policies and geopolitical uncertainties, Vietnam and India are looking to deepen their cooperation in the textile and garment sector, recognizing the significant mutual benefits that can be unlocked. A recent statement by Bùi Trung Thướng, Trade Counselor at the Vietnam Tr... Read more

US tariffs spark Chinese resurgence, domestic focus intensifies

The recent escalation of reciprocal tariffs between the US and China has sent ripples through the global fashion, apparel, and textile industries, with Chinese manufacturers and consumers alike bracing for impact. While anxieties about reduced export volumes to the US are palpable, a rise in nationalistic s... Read more

South Korea's apparel market undergoes a budget revolution

South Korea's fashion market is seeing growing demand for affordable and functional apparels. This shift is challenging the dominance of traditional premium brands and reshaping market dynamics across various segments. The rise of value fashion A growing segment of value-conscious consumers is boosting th... Read more

As US consumer confidence crumbles it casts a looming shadow over fash…

A chilling wave of pessimism has swept across the US, with consumer sentiment falling to levels unseen since the depths of the Great Recession, according to the University of Michigan's latest survey. The preliminary reading of 50.8, the second-lowest since 1952, paints a stark picture of American anxieties... Read more

Legacy Titans Under Siege: How fast fashion is outpacing iconic brands

As the global fashion industry evolves once-unchallenged legacy brands, the titans of the industry, now find themselves besieged. They are grappling with falling margins, sluggish supply chains that seem frozen in time, and a business model creaking under the weight of its own inefficiencies. Meanwhile, fas... Read more

EU's T-shirt market: Steady consumption, rising imports shows changing…

The European Union's appetite for T-shirts remains robust, with consumption expected to grow steadily over the next decade, albeit at a moderate pace. However, the market is witnessing a significant shift, with imports playing an increasingly dominant role as domestic production falters. A recent market ana... Read more

China's 'Trade War TikTok' Strategy: Undermining US retail, luring tou…

As trade tensions between the US and China persist, a new battleground has emerged: social media platform TikTok. Chinese manufacturers are using viral videos to expose the supply chains of luxury goods, fashion, and apparel sold at significantly higher prices in the US. This strategy, dubbed 'Trade War Tik... Read more

India eyes zero-duty deal with US amid tariff tensions, textile sector…

In a strategic move to mitigate the impact of the US’ recent 26 per cent reciprocal tariff, India is considering offering zero-duty imports across several sectors, including those under the Production Linked Incentive (PLI) scheme, to expedite a crucial bilateral trade agreement (BTA). Officials famil... Read more

EU's T-shirt market: Steady consumption, rising imports shows changing…

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