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Almost half of UK clothes still end up in landfill despite recycling e…

Almost half of UK clothes still end up in landfill despite recycling efforts, wrap report finds

  Despite growing awareness of sustainable fashion, a new report by WRAP, a leading climate action NGO, reveals that nearly half of all used clothes in the UK still end up in general waste bins. The report, titled ‘Textiles Market Situation Report 2024’, highlights that in 2022, out of the 1.45 m... Read more

China's Luxury Landscape: A shift in tides amidst economic uncertainty

China's Luxury Landscape: A shift in tides amidst economic uncertainty

  China's luxury market, once stimulated by conspicuous consumption and a booming economy, is undergoing a significant transformation. The current economic scenario, marked by slower growth and a focus on domestic brands, is reshaping consumer preferences and forcing international players to adapt. The marke... Read more

India's MMF Textile Exports: Growth, strategy shifts, and evolving lan…

India's MMF Textile Exports: Growth, strategy shifts, and evolving landscape

  India's Man-Made Fiber (MMF) textile industry has been a crucial contributor to the nation's economic growth. However, the export scenario presents a complex picture, with recent trends showing a decline compared to previous years.  Shifting gears from cotton to MMF focus Traditionally, India's texti... Read more

Mexico imposes temporary tariffs on textiles, apparel, and footwear

Mexico imposes temporary tariffs on textiles, apparel, and footwear

  In a move aimed at bolstering domestic industries, the Mexican President signed a decree on April 22, 2024, establishing temporary import tariffs on textiles, apparel, and footwear. These tariffs, ranging from 5per cent to 35per cent, are intended to level the playing field for Mexican manufacturers facing ... Read more

Athleisure Market: Blending comfort, style and fitness for a $3.2 bn f…

Athleisure Market: Blending comfort, style and fitness for a $3.2 bn future

  The global athleisure market is booming, projected to reach $3.2 billion by 2032 with a steady growth rate of 5.2 per cent, says a new report by Allied Market Research. This growth is due to several factors viz: from rising health consciousness to innovative marketing strategies. Let's delve deeper into thi... Read more

Bangladesh shifts cotton sourcing from India to Africa, as it impact g…

Bangladesh shifts cotton sourcing from India to Africa, as it impact global cotton trade

  Bangladesh, the world's second-largest garment exporter after China, is undergoing a significant shift in its cotton import strategy. Traditionally, India was the primary source of cotton. However, in recent years, African countries have emerged as the dominant supplier. This trend has major implications fo... Read more

Global Apparel Trade Slowdown: Waning consumer demand paints bleak eco…

Global Apparel Trade Slowdown: Waning consumer demand paints bleak economic picture

  Wazir Advisors April 2024 report on global apparel trade paints a worrying picture, with major markets like the US, EU, and UK experiencing a significant drop in apparel imports. This, coupled with concerning retail trends and a dip in consumer confidence, suggests a potential economic slowdown on the horiz... Read more

China's fabric exports to India shrink with rising domestic demand

China's fabric exports to India shrink with rising domestic demand

  While China remains the world's leading textile producer, its grip on India's fabric import market appears to be loosening. Data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) shows a shift in recent years. India's fabric imports from China peaked at $6.4 billion in 2022... Read more

Levi's makes big bet on DTC sales, embraces baggy denim trend

Levi's makes big bet on DTC sales, embraces baggy denim trend

  Levi Strauss & Co. (Levi's) is experiencing a positive shift in its business strategy, with a strong focus on direct-to-consumer (DTC) sales leading to a 7 per cent  increase in after-hours trading and an 11 per cent rise in pre-market trading on Thursday. This success is attributed to a significan... Read more

China's apparel and textile industry defies expectations with Q1 growt…

China's apparel and textile industry defies expectations with Q1 growth boom

  China's economic performance in the first quarter of 2024 surprised many exceeding expectations with a 5.3 per cent GDP growth. This increase was driven in large part by the robust performance of apparel and textile industry, a sector experiencing unexpected strength in both exports and domestic markets. T... Read more

US retail sales on the rise, but fashion sector growth murky

US retail sales on the rise, but fashion sector growth murky

  American consumers are opening their wallets again, with retail sales experiencing a modest uptick in recent months. According to the US Census Bureau, sales rose 0.7 per cent in March 2024 compared to February, and are up 4.0 per ent year-over-year. However, the picture within the fashion sector is less c... Read more

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Pakistan’s textile exports reach $13.68 billion during Jul-Apr’23-24: PBS

  Maintaining a robust trajectory, Pakistan’s textile exports reached $13.68 bill... Read more

Teejay Lanka's Q4 profit jump brightens outlook

  Teejay Lanka PLC, Sri Lanka's pioneering multinational textile manufacturer, reported... Read more

Fast fashion market to reach $291.1 billion by 2032: Report

  The fast fashion market is experiencing significant growth, driven by consumers' desi... Read more

Global athleisure market to grow to $3.2 billion by 2032

  Currently worth $2 billion, the global athleisure market is projected to reach $3.2 b... Read more

India's cotton stocks plummet 31% to decades-low

  India's cotton stocks are set to plummet by almost 31 per cent in the 2023/24 period,... Read more

Welspun Living reports 16% rise in Q4 net profit

  Indian textile giant Welspun Living has announced a significant 16 per cent rise in c... Read more

Physical stores, still the preferred choice for apparel shopping: Survey

  Despite a pandemic-driven online shopping surge, physical stores remain dominant, as ... Read more

India reigns supreme as world's largest cotton producer in 2024

  India continues to dominate the global cotton market, reaffirming its position as the... Read more

Pakistan’s textile exports rise 3.56% Y-o-Y in Mar’24: SBP

  Textile exports from Pakistan increased by 3.56 per cent Y-o-Y to $1.36 billion in Ma... Read more

Kenya plans $1 billion T&A exports by 2027: William Ruto, President

  Kenya plans to expand textile and apparel (T&A) exports to $1 billion (Ksh 133 bi... Read more

Bangladesh records 8.5% M-o-M rise in apparel exports to EU during Feb’24: …

  Bangladesh's apparel exports to the European Union market increased by 8.5 per cent M... Read more

China’s women’s hosiery exports rise 7.5% to 18 billion pairs in 2023

  Increasing for seven consecutive years, China’s exports of socks, stockings and... Read more

Jack & Jones, Spinnova launch 2nd fiber product

  In a pioneering stride towards sustainable fashion, Jack & Jones and Spinnova hav... Read more

India’s textile exports decline to $34.4 billion in fiscal 2023-24

  India's textile exports declined by 16.3 per cent to $34.4 billion in the fiscal year... Read more

Brazil’s cotton cultivation areas to expand in 2023-24: CEPEA

  According to recent estimates, Brazil’s cotton cultivation areas are set to exp... Read more

India’s cotton yarn, fabrics and made-ups exports grow 6.78% in Mar’24: TEX…

  Exports of Cotton yarn, fabrics and made-ups from India increased by 6.78 per cent Y-... Read more

LVMH starts 2024 with 3% revenue growth in Q1

  Luxury giant LVMH reported a solid start to 2024 with overall revenue growth of 3 per... Read more

US apparel imports increase 12.9 % in Feb’24: WTO

  US apparel imports increased by 12.9 per cent increase in quantity and a 2.9 per cent... Read more

Global nonwoven fabric market to reach $86.2 billion by 2033

  The global nonwoven fabric market is projected to grow at 6.1 per cent CAGR from 2023... Read more

China reports 14.3% Y-o-Y rise in T&A exports in first two months

  China recorded a 14.3 per cent Y-o-Y rise in textile and apparel exports to $45.10 bi... Read more

Gildan CEO Vince Tyra outlines strategic priorities

  Gildan Activewear Inc. announced today the unveiling of key strategic priorities by i... Read more

Hermes to surpass Louis Vuitton as top luxury brand in future: Citigroup In…

  Hermes is likely to surpass LVMH's flagship brand Louis Vuitton as the luxury industr... Read more

China’s T&A exports rise to 45.1 billion during Jan-Feb’24

  China’s textile and apparel (T&A) exports grew by 14.3 per cent to 45.1 bil... Read more

Cambodia’s global GFT exports rise by 20% to $2,941 million during Q1FY’24

  In Q1 FY’24, Cambodia's export of garments, footwear, and travel products (GFTs... Read more

Global yoga clothing market to reach $70,291.0 million by 2030: Report

  Set to witness substantial growth, the global yoga clothing market projected to grow ... Read more

Estimates for cotton crop production for 2023-24 seasons revised to 323.11 …

  According to the latest update from the Committee on Cotton Production and Consumptio... Read more

Vietnam’s garment companies report significant rise in exports during Q1 FY…

  Vietnamese garment companies including Saigon 3 and Garco 10 have reported significan... Read more

India's textile ambition: $600b exports by 2047

  India is charting an ambitious trajectory in the textile sector, targeting a substant... Read more

Alchemie Technology launches digital dyeing hub in Taiwan

  Alchemie Technology, a trailblazer in clean digital textile dyeing based in Cambridge... Read more

Cotton production in India to decline by 2% during 2024-25: USDA

  India’s cotton production is likely to decline by 2 per cent to 25.4 million ba... Read more

Cotton Candy prices drop by 0.42%

  The upward adjustments made by the Cotton Association of India (CAI) and Cotton Corpo... Read more

25th ITMF survey reveals textile industry findings

  The latest ITMF Global Textile Industry Survey, conducted in March 2024, reveals a ca... Read more

Italian Textile Machinery dominates Techtextil Frankfurt

  Frankfurt is set to host Techtextil, the premier global fair for technical and innova... Read more

India’s apparel exports revenues to recover by 8% in 8% in FY2025: ICRA

  India’s apparel exports earnings are expected to recover by 8 per cent to Rs 28... Read more

RMG export earnings to falter in H2: Bangladesh Bank

  Bangladesh’s RMG export earnings are expected falter in the second half of the ... Read more

Pakistan’s textile exports grow 3% Y-o-Y in March 2024: APTMA

  For the fourth consecutive month, Pakistan's textile exports grew by 3 per cent Y-o-Y... Read more

Myanmar to cultivate over 600,000 acre of cotton in fiscal 2024-25: Report

  Myanmar will cultivate more than 600,000 acre of cotton across six states and regions... Read more

ICAC: Cotton forecast signals optimism amid weather concerns

  Anticipation is building for the 2024/25 cotton season, with initial projections from... Read more

Global home textile exports surge 9.9% Y-o-Y in Feb’24: EPB

  Global home textile exports surged by 9.9 per cent Y-o-Y to $84.61 million in Feb&rsq... Read more

Global secondhand apparel market to expand at 12% CAGR by 2028: ThredUp

  A recent report from ThredUp projects, the global secondhand apparel market will grow... Read more

Demand, Red Sea crisis impact India’s textile exports during Apr’23-Feb’24

  From Apr’23-Feb’24, India recorded a decline in its textile exports, as p... Read more

TLTF to showcase A/W’25 collections from brands

  From Apr’23-Feb’24, India recorded a decline in its textile exports, as p... Read more

India’s cotton exports rise as prices remain competitive

  Attractive prices are boosting India’s cotton exports to global markets such as... Read more

Bangladesh registers notable increase in RMG exports to Europe during Jul-F…

  Bangladesh’s RMG exports to key European nations increased notably during the p... Read more

Sri Lanka witnesses 0.19% rise in export earnings in Feb’24

  Sri Lanka witnessed a 0.19 per cent Y-o-Y rise to $398 million in its export earnings... Read more

Textile exports decline 4.2% Y-o-Y during Apr ’23-Feb’24: Commerce Ministry

  Textile exports from India declined by 4.2 per cent Y-o-Y in the initial 11 months of... Read more

Kenya opposes proposal seeking restrictions on export of used clothing from…

  Teresia Wairimu Njenga, Chair, Mitumba Consortium Association of Kenya, has opposed a... Read more

Sri Lanka‘s apparel exports earnings grow by 0.19% in February

  In February, Sri Lanka's apparel export earnings registered a marginal growth of 0.19... Read more

Bangladesh’s RMG exports to EU surge by 3.27% during July-Feb’24: EPB

  Bangladesh’s RMG exports to the EU surged by 3.27 per cent to $16.23 billion du... Read more

Bangladesh RMG exports record marginal growth from Oct-Dec’24: Report

  In the second quarter, spanning Oct-Dec‘24, Bangladesh's RMG sector exports rec... Read more

South Korea home textile market to grow at 5.35% CAGR till 2032: Report

  The South Korean home textile market is poised for substantial growth, as outlined in... Read more