Vietnam's economy was estimated to have achieved a growth rate of 7.09 per cent last year, slightly below the figures of 2018, 2019 and 2022. The industrial and construction...
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Adidas reported a 10 per cent YoY currency-neutral revenue growth in Q3 2024, with euro revenues up 7 per cent to €6.438 billion (~$7.01 billion). Operating profit rose...
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The sleepwear sector in India, accounting for 5 per cent of its total apparel exports, has faced fluctuating exports since 2018, impacted by global disruptions and rising cotton prices. Despite its cotton
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Chinese company Jidalai will invest $5.85 million to establish a zipper puller manufacturing facility in AEPZ, producing 70 million pieces annually and creating 189 jobs....
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eBay has expanded its Circular Fashion Fund (CFF), providing $1.2 million by 2025 to help fashion start-ups scale circular solutions, including rental and repair services....
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In August 2024, UK clothing exports dropped 21.4 per cent year-on-year to £263 million (~$343.8 million) but rose slightly from July. Textile fabric exports grew 8.85 per cent year-on-year to £209 million,
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Salvatore Ferragamo's revenues reached €221 million (~$240 million) in the third quarter of fiscal 2025, down 7.2 per cent at constant exchange rates and down 9.6 per cent...
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Levi Strauss & Co. (LS&Co.) has released its inaugural climate transition plan, aiming for Net Zero emissions by 2050. The plan focuses on reducing GHG emissions through...
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Vietnamese government has formed a ministerial group to accelerate economic projects with Japan, a key trade partner. Japan is Vietnam's second-largest market for apparel exports, which totalled $2.684
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Japan's clothing and accessory imports rose by 3.5 per cent to 1,842,869 million yen in the first half of fiscal 2024-25. Imports of textile yarn and fabric increased by 2.2 per cent, while exports of
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The interim government in Bangladesh has dissolved the board of the Bangladesh Garment Manufacturers and Exporters Association and appointed Mohammad Anwar Hossain, vice chairman...
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South Korea's apparel imports rose to $1.39 billion in September 2024, a 5.87 per cent year over year increase, and 11.40 per cent higher than August 2024. Imports of knitted and non-knitted apparel
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Li Ning Company Limited announced the formation of a joint venture (JV) in the British Virgin Islands with HongShan Venture and others to develop the Li Ning Brand in international...
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Lululemon and Fanatics announced a multi-year partnership with the NHL to launch fan apparel for 11 teams in the 2024-25 season, expanding to all 32 teams by 2025-26. The...
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China and Germany have signed an MoU to establish a green shipping corridor between Shanghai and Hamburg, aiming for sustainable port development with green fuels. Germany's apparel imports from China
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The New York state in the United States recently passed legislation (Senate Bill S1322) to specifically prohibit the sale of products containing PFAS, synthetic chemicals...
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Bangladesh's apparel exports to the EU reached $11.112 billion in Jan-Jul 2024, down from $11.679 billion in 2023, amid growing political unrest and student protests. Exports fluctuated, with a sharp
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German shoe retailer Deichmann recently announced buying the trademark rights of the Hong Kong-headquartered fashion brand Esprit. Esprit Europe GmbH and six other German...
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BESTSELLER's first Supply Chain Due Diligence Report provides transparency on its sourcing practices, addressing human rights, environmental, and product safety risks across...
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Skechers reported a 15.9 per cent YoY sales increase in Q3 2024 to $2.347 billion, with international and domestic growth. Gross profit rose 14.1 per cent, while the gross...
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Sri Lanka's shirt exports to the US have seen a consistent drop in average unit prices, declining by 11.98 per cent to $8.96 in early 2024 from $10.18 in 2022. Export volumes and values also fell, impacted
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Despite recent diplomatic tensions, Canada's garment imports from India have remained stable, with India holding a consistent sixth position in Canada's apparel supplier rankings. In 2024, Canada imported
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India ranks as the 8th largest apparel supplier to Spain, with a 4.58 per cent share in 2024. In home textiles, India is the third-largest supplier, holding a 10.67 per cent share, behind China and Pakistan.
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This article discusses how Cambodia is becoming a textile powerhouse in Southeast Asia.Cambodia's textile industry contributes 70 per cent to its export earnings. Despite competitive advantages, textile
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Vietnam's garment exports to the Middle East reached $244.602 million in January-September 2024, down 25.4 per cent from the previous year. The Middle East, although Vietnam's fourth-largest garment
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