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Maintaining price-flexibility will help brands tide over recession: Re…

Maintaining price-flexibility will help brands tide over recession: Report

Fast fashion brands across the US and the UK markets have increased price points across, reveals latest data from Stylumia. Based on latest analysis by KPMG, the report compares retail list price of select brands and retailers in the standard and fast-fashion segments. The performance of these brands and retailers is... Read more

China’s textile industry outlook remains bleak as 30% companies report…

China’s textile industry outlook remains bleak as 30% companies report losses

The outlook for China’s textile industry is rather bleak. Nearly, 30 per cent companies have reported a loss in the first five months of this year, as per data by China National Textile and Apparel Council. Similarly, companies’ total profit declined 20 per cent compared to the same period last year. The ... Read more

China’s PSF exports increase while imports decline in May 2022

China’s PSF exports increase while imports decline in May 2022

In May 2022, China’s PSF exports increased 24.4 per cent Y-o-Y and 0.8 per cent M-o-M to 90,000 tons. Imports declined 44.4 per cent Y-o-Y and 8.5 per cent M-o-M to 6,500 tons. However, in the first five months of 2022, exports declined by 4.6 per cent Y-o-Y to 19,200 tons, says a CCF Group report. China gave ... Read more

Future outlook for apparel retail globally remains positive despite ob…

Future outlook for apparel retail globally remains positive despite obstacles

Even as a few sectors continue to reel under the COVID pressures, across the world, apparel retail, is booming. Figures show, 2022 was particularly a good year for fashion retail as it managed to navigate through all challenges, be it the Omicron scare or the ongoing Russia-Ukraine conflict. US leads retail sales gr... Read more

Vietnam could gain if Bangladesh fails to tap duty-free knitwear expor…

Vietnam could gain if Bangladesh fails to tap duty-free knitwear exports to China

  National perspective plans ‘Vision 2021’ and ‘Vision 2041’ were launched by Bangladesh to transform itself from least developed countries (LDCs) to a middle-income country, and become a developed nation by 2041. ‘Vision 2041’ aims to amplify Bangladesh’s bilateral tra... Read more

European nonwoven fabric consumption remains flat from 2014-2019

European nonwoven fabric consumption remains flat from 2014-2019

  From 2014-2019, EU’s consumption of nonwoven fabrics recorded a relatively flat trend. The market attained maximum consumption level of $7.6 billion in 2018, before declining slightly in 2019. The figure reflects total revenues achieved by producers and importers excluding their logistics and retail mar... Read more

Global textile and apparel industry seeks new horizons as sourcing mov…

Global textile and apparel industry seeks new horizons as sourcing moves away from China

  Latest OTEXA statistics reveals the global textile and apparel trade is shifting with countries moving away from China to newer sourcing destinations like Vietnam, Bangladesh, India, etc. Textile exports to the US decline 9 per cent An analysis of the data from 2009 and 2019 reveals in 2019, China’s t... Read more

India’s cotton production to increase while consumption to decrease: C…

India’s cotton production to increase while consumption to decrease: CAI

  At its recent meeting, Cotton Association of India (CAI) increased its cotton production estimates for the 2019-20 season by 19 lakh (1.9 million) bales to 354.50 lakh (35.45 million) bales of 170 kg each. The committee increased its production estimate for the North zone by 3 lakh (0.3 million) bales, Centra... Read more

Zimbabwe’s clothing and textile makers need to create national trends …

Zimbabwe’s clothing and textile makers need to create national trends to boost exports

  Heavily influenced by fashion trends, the global clothing and textile market has grown from $925 billion in 2015 to $1 trillion in 2019, indicates Trade Map. During this period, top global exporters of clothing and textile last year were: China, Vietnam, Italy, Germany and Bangladesh. Meanwhile Africa’... Read more

India’s babywear market blooms while world market tumbles

India’s babywear market blooms while world market tumbles

  As per a report by textileexcellence.com, in contrast to world exports, India’s exports of baby garments increased 4.90 per cent in 2019. The country accounted for a 12 per cent share in world babywear market. Of all, knitted apparels were the most exported items with its exports growing by 9.64 per cen... Read more

China’s e-commerce report for Textiles and Apparel 2019 showed stable …

China’s e-commerce report for Textiles and Apparel 2019 showed stable growth

In the pre Corona period, statistics show 2019 as an year of continued growth in textiles and apparel online sales to conclude 6.69 trillion Yuan, up by 12.06 percent Year- on- Year. B2B ecommerce sales topped taking a lion-share of 73.24 percent at 4.9 trillion Yuan. Online retail sales of apparel/home-textiles mainta... Read more

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Pakistan Textile Industry to grow by 20% in FY23: APTMA

Dr Gohar Ejaz, Patron in Chief, All Pakistan Textile Mills Association  (APTMA) indicated,... Read more

Cambodia’s garment export surge by 39.36% from Jan-June’22

Knitted and non-knitted apparel and clothing accessories (HS code 61 and 62) exports by Cambodi... Read more

Tunisia’s textile and clothing exports increase 21.86% from Jan-May’22

Tunisia’s textile and clothing exports grew 21.86 per cent to touch €1,137.8 million... Read more

India’s textile and apparel exports to grow to $110 bn in six years: Bain …

India’s textile and apparel exports are set to grow to $95-110 billion by the next six ye... Read more

US denim imports up 40 per cent

Imports of denim jeans by US brands and retailers increased 40 per cent year over year through ... Read more

Nylon leggings a rage among women

The global leggings market is growing at six per cent a year. The growth is driven by rapid ur... Read more

Knitwear maintains export momentum in Bangladesh

Bangladesh’s knitwear exports maintained robust growth in the 2021-22 fiscal year. As per... Read more

RCEP to help attract more investments in apparels and textiles

  With the world’s largest free trade agreement, the Regional Comprehensive Econo... Read more

India’s apparel exports up 35 per cent in 2021

   Indian apparel exports grew by 35 per cent during the first nine months of 2021... Read more

Egypt’s RMG exports increase 38 per cent from Jan to Nov

   From January to November end 2021, Egypt’s readymade garment and apparel ... Read more

US junior wear imports up 32 per cent from January to October

   During the first 10 months of 2021, import of children’s wear into the US... Read more

Cotton prices decline by 5% Y-o-Y in October 2020

   While cotton prices continued to gain by 2-4 per cent month on month (MoM) in O... Read more

Myanmar exports garments worth $4.28 billion under CMP system

   According to the Ministry of Commerce,Myanmar exported garments under the cut-m... Read more

Canada’s apparel imports decline in September

   As per Apparel Resources, the apparel imports by Canada declined on both Y-o-Y ... Read more

More US fashion companies to use USMCA for apparel sourcing in 2020: Survey

   According to a 2020 USFIA Fashion Industry Benchmarking study, more US fashion ... Read more

India’s cotton exports to rise by 30% in 2020-21

   Trade sources predict India’s cotton exports will rise 30 per cent from 5... Read more

China’s sewing machinery exports decline by 21.90 per cent

   As per Kohan Textile Journal, from January-June 20, China’s exports of th... Read more

Bangladesh apparel exports jump 51% on order restoration BGMEA

   As per Bangladesh Customs' data on daily exports compiled by BGMEA, the country... Read more

US-China trade row to benefit Sri Lankan apparel exporters

   Wing Tak Bill Lam, Chairman, Teejak Lanka feels, trade conflict between the Uni... Read more

Global garment industry to grow 8.8 per cent CAGR from 2021-27

   An Allied Market Research report says, global readymade garment industry is exp... Read more

USFIA releases Seventh Fashion Industry Benchmarking Study

   The United States Fashion Industry Association (USFIA) has released the seventh... Read more

Bangladesh's global clothing exports share rises to 6.8 per cent: WTO

   According to the World Trade Statistical Review 2020, published by the World Tr... Read more

Cotton Association of India increases crop estimates for 2019-20 season

   The Cotton Association of India (CAI) has increased crop estimates for 2019-20 ... Read more

China’s industrial enterprises’ profit declines by 19.3 per cent

   Data released by the National Bureau of Statistics reveals that the profit of C... Read more

Pace of decline in Pakistan’s textile exports slows down

   Data released by the Pakistan Bureau of Statistics showed the pace of decline i... Read more

Danish company raises €1.1 M fund

   Beyond Leather Materials, a company that produces plant based, eco-friendly alt... Read more

Bangladesh garment exports to the US to rebound slowly: OTEXA

   Bangladesh's garment exporters expect a slow rebound of shipment to the US mark... Read more

Bangladesh banks on Canadian market despite fall in exports

   Despite 47 per cent decline in apparel exports to the country in April, Banglad... Read more

Functional apparel market to grow at 7.4 per cent CAGR by 2027

   The global functional apparel market size is expected to grow at a CAGR of 7.4 ... Read more

USDA estimates 15 per cent decline in world cotton use in 2019 marketing ye…

   US department of agriculture (USDA) estimates world cotton mill use to plunge n... Read more

Sub-Saharan apparel exports surge during Jan-April 2020: OTEXA

   According to OTEXA, the Sub-Saharan region has seen an increase in its apparel ... Read more

Textile demand to decline 25-35% in FY21: Report

   The demand of textile value chain, including yarn, fabric and apparels is likel... Read more

IAF to decrease apparel sales by 50%

The International Apparel Federation (IAF) is expected to decrease apparel sales 50 per cent by... Read more

Bangladeshi apparel, footwear manufacturer revenue decline 77 per cent

A survey titled “Sedex Insights Report: Covid-19 Impacts on Businesses’ reveals rev... Read more

Bangladesh’s raw cotton production to record marginal growth in MY 2019-20:…

According to a report by the United States Department of Agriculture (USDA), COVID-19 pandemic ... Read more

Bangladesh RMG exports decline by 62%

According to the National Board of Revenue provisional data compiled by the Bangladesh Garment ... Read more

India’s fabric exports increase to 39 per cent

Recent monthly export data by Textilebeacon suggests, the share of fabric exports in total expo... Read more

WTO Barometer predicts decline in world merchandise trade in H1 2020

Latest WTO Goods Trade Barometer reveals the volume of world merchandise trade is likely to fal... Read more

India’s exports of formal exports decline

As per latest data released by the government of India, export of formal jackets saw negative g... Read more

China’s sewing machinery exports decline

According to the recently released data by General Administration of Customs, China’s sew... Read more

Chinese factory owners to extend holidays

The dismal performance of Chinese apparel and textile factories due to lack of orders is now fo... Read more

US denim imports in March decline significantly

US’ denim imports declined significantly in the first three months of the year. US compan... Read more

Sri Lanka’s apparel exports to dip by 30% in June

Compared to the last fiscal year, the Joint Apparel Association Forum (JAAF) foresees an immedi... Read more

Coronavirus poses grave risks for Asian garment industry

Order cancellation by Western countries due to the COVID-19 pandemic spells doom for the garmen... Read more

COVID-19: Indian exports to China, Hongkong to decline by 41%

Weighed by the impact of COVID-19 outbreak, India's exports to China and Hong Kong together slu... Read more

US’ cotton trouser imports drop 11 per cent

Cotton trouser imports by the US dropped 11.65 per cent in volume terms in January 2020. The fa... Read more

Egypt plans to quadruple textiles and garments exports by 2025

In January 2020, Egypt’s exports of readymade garments fell three per cent. Egypt’s... Read more

Global exports of worn clothing and articles decline 6.92 per cent

Data from TexPro shows, global trade of the worn clothing and other worn articles has declined ... Read more

US import of brassieres decline by 23.03 per cent

As pr OTEXA, import of brassieres by the US fell 23.03 per cent to $1,847.57 million in January... Read more

Vietnam garment, textile export down three per cent

Vietnam’s export turnover of garment and textile products in the first two months of 2020... Read more

Taiwan’s textile and apparel exports decline by 9 per cent

Taiwan Textile Federation, Taiwan’s textiles and apparel exports declined 9.0 per cent in... Read more