E-commerce Exports Boom: China Leads, India poised to take off
E-commerce exports are growing globally, transforming how businesses reach international customers. But which country reigns supreme in this digital trade arena? China tops the charts China takes the crown for the largest volume and value of exports through e-commerce. Estimates suggest China's e-commerce... Read more
India International Garment Fair inaugurated by Union Textiles Ministe…
The 71st edition of the India International Garment Fair (IIGF) was inaugurated today by Union Textiles Minister Giriraj Singh in New Delhi. The event, graced by prominent figures including Member of Parliament Ramesh Bidhuri, AEPC Chairman Sudhir Sekhri, international buyers, and exhibitors, aims to boost ... Read more
Fashion Revolution: How blockchain is transforming the apparel industr…
The fashion industry is on the cusp of a major transformation, driven by a compelling need for transparency and sustainability. Enter blockchain, a revolutionary technology poised to reshape how clothes are made, distributed, and ultimately, consumed. Tracing the Journey: From farm to final sale One of th... Read more
Mixed signals from global apparel market, imports slump as India’s exp…
The global apparel market is presents a complex picture with declining imports in major regions like the US and EU, contrasting with a rise in Indian apparel exports reveals Wazir Advisors’ June 2024 ‘Apparel trade scenario in key global markets and India’ report. Falling imports, r... Read more
Vision 2030: Can India become a $100 billion textile and apparel expor…
India's ambitious plan to reach $100 billion in textile and apparel exports by 2030 faces challenges but holds promise. This includes $40 billion from apparel exports. As per WTO 2023 statistics, India is the second-largest textile exporter globally (7.4 per cent market share) but the fifth-lar... Read more
The curious case of Vietnam's trade surplus with US and a delicate bal…
Over the years, Vietnam has emerged as a major trading partner for the United States, but a closer look reveals a fascinating twist. The Southeast Asian nation's impressive trade surplus with the US is intricately linked to its import-heavy relationship with China. US surplus backed by China World Bank st... Read more
Textile imports from India to Bangladesh on a downward trend
Bangladesh, a global leader in apparel exports, has traditionally relied heavily on textile imports, particularly from India. However, recent data suggests there has been a significant decline in textile imports like fibres, yarns, and fabrics, particularly from India, in recent years. This trend raises con... Read more
Global apparel industry slumps in March 2024, import-export fall amids…
The global apparel industry witnessed a significant slowdown in March 2024, with both import and export figures dropping across major markets reveals Wazir Advisors May 2024 report, ‘Apparel trade scenario in key global markets and India’. This trend aligns with declining retailer inventory leve... Read more
China reclaims top spot as India's trading partner its impact on texti…
China has regained its position as India's largest trading partner in fiscal year 2023-24, edging out the US by a narrow margin, as per Global Trade Research Initiative (GTRI) statistics. This shift has significant implications for the textiles, apparel, and fashion sectors in all three countries. China pr... Read more
Fast Fashion's Frenzy: A race against time and the environment
The fashion industry is in a whirlwind. Fast fashion, with its trendy clothes at rock-bottom prices, continues to dominate the market, projected to reach a staggering $291.1 billion by 2032 at a CAGR of 10.7 per cent. However, a growing shadow looms – the environmental cost of this relentless trend. ... Read more
DTY takes center stage, a shift in the global nylon filament yarn mark…
The traditional peak season of 2024 for the nylon filament yarn (NFY) market has brought a surprising twist. Unlike last year, where Fully Drawn Yarn (FDY) reigned supreme, Textured Yarn (DTY) has emerged as the hot commodity. This shift can be attributed to a combination of factors impacting global supply ... Read more
United States to emerge as the world’s largest cotton exporter in 2024/25
With production rebounding, the United States is expected to reclaim its status as th... Read more
PCGA reports decline in cotton production during 2024-25
For the current season, Pakistan Cotton Ginners Association (PCGA) reported a signifi... Read more
Decathlon to acquire Spanish e-tailer TradeInn
Six months after its acquisition of the German e-tailer Bergfreunde, Decathlon plans ... Read more
EU’s share in global used clothing exports to grow: Report
The share of European Union in global used clothing exports is estimated to continue ... Read more
Union Budget boosts MSMEs in textile industry: SIMA
The Indian textiles and clothing industry, the second-largest employment provider aft... Read more
A storm in the apparel industry
The global apparel industry is currently navigating a complex and challenging lands... Read more
Pakistan’s T&A exports grow by 0.93% in FY24
Growing at a modest rate of 0.93 per cent, Pakistan’s textile and apparel (T&am... Read more
Camira increase textile-to-textile waste ratio in recycled polyester fabric…
Marking its 50th anniversary, global textile manufacturer and designer of commercial,... Read more
Each cotton bale to now include a QR code with detailed information on the …
Introducing the new initiative launched by the Cotton Corporation of India (CCI) to e... Read more
Bangladesh records 9.85% drop in RMG exports to EU during Jan-Apr’24: Euros…
From Jan-April’24, Bangladesh’s RMG exports to the European Union fell by... Read more
Australians surpass Americas with purchase of 56 clothing items annually: R…
As per a recent research by the Australia Institute, Australians purchase more clothe... Read more
UK’s flax fabric exports remain steady in 2023
In 2023, the volume of flax fabric exports by the UK remained steady at 805, 000 sq m... Read more
Indonesia’s Industry Ministry expresses concerns over rising TPT imports
Ministry of Industry (Kemenperin) has expressed concerns regarding the influx of impo... Read more
Global kidswear market to reach $286.9 billion in value by 2032: Report
Valued at $194.1 billion in 2022, the global kidswear market is projected to grow at ... Read more
Fashion industry in Saudi Arabia to grow at 48% CAGR from 2021-25
The fashion industry in the Kingdom of Saudi Arabia is poised to grow at a CAGR of 48... Read more
Wool yarn shipments by Poland decline by 2.3 % in 2023
In 2023, after two years of growth, overseas shipments of wool yarn by Poland decline... Read more
Africa’s cotton industry to grow to $7.7 billion by 2029: Report
From $6 billion in 2024, Africa's cotton industry is projected to grow to $7.7 billio... Read more
Western wear market in India to reach $6,041.8 million by 2032: Report
Valued at $2,586.5 million in 2021, the western wear market in India is projected to ... Read more
Burkina Faso to boost cottonseed production by 55% in 2024-25
For the 2024-25 season, the government of Burkina Faso aims to boost cottonseed produ... Read more
Cambodia’s GFT exports increase by 17% from Jan-Apr’24: Report
Cambodia's export of garment, footwear, and travel products (GFT) reached $3,763 mill... Read more
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