In FY23, Amer Sports saw a revenue rise of 23.1 per cent but remained unprofitable, while ASICS Corporation enjoyed substantial gains in sales and profits. Gildan Activewear reported a slight decrease
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In the first month of this year, the UK's apparel imports from Cambodia increased by 9.34 per cent to $80.230 million, with Cambodia being the sixth largest supplier. Despite fluctuations in trade, the
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In Q3 FY24, India's garment exporters recorded mixed performances. Gokaldas Exports and Page Industries saw revenue growth, with the latter posting a net profit increase. Alok Industries' revenue fell,
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North America has overtaken Europe as the primary market for Cambodia's apparel exports, with Europe's share plummeting from 42.99 per cent in 2019 to 20.94 per cent in early 2024, and North America's
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In 2023, trousers and shorts accounted for 23.53 per cent of the United States' apparel imports, totalling $18.198 billion of the $77.357 billion imported. This trend continued into early 2024, with
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Three years post-COVID-19, Cambodia's apparel exports to ASEAN countries remain below pre-pandemic levels. In the year 2020, exports reached $292.226 million but fell sharply in 2021, recovering to just
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In FY23, leading Indian fashion retailers, including Aditya Birla Fashion and Retail Limited, Trent Ltd, and Raymond Ltd, enhanced their sustainability efforts. ABFRL achieved significant energy efficiency
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In FY24, Japan's imports of clothing and accessories fell to 3,564,850 million yen, accounting for 3.3 per cent of total imports. Following months of decline, a February surge indicated improved retail
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In Q1 2024, Cambodia's apparel exports increased by 18.32 per cent to $2,025.322 million. Knitted apparel exports rose by 19.9 per cent, while non-knitted garments saw a 30.8 per cent increase. This
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Egyptian apparel exports to Saudi Arabia have increased notably, rising to $97.535 million from January to October 2023, up from $55.817 million in 2022. Despite this growth, Saudi Arabia remains a minor
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In 2023, India's large garment exports to Singapore fell to 5.790 million units from 6.203 million in 2022, yet their value rose slightly to $37.542 million, with average prices increasing from $5.99 to
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EDC plans to open a representative office in Vietnam, to support Canadian investors and exporters. This move follows Vietnam's rise as a key player in Canada's apparel market, now the second-largest
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In 2023, Ireland imported 4.65 per cent of its apparel from Vietnam, valued at $117.090 million, making Vietnam its sixth-largest supplier. Despite a fluctuating trend in previous years, Ireland's apparel
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Australia's baby wear imports totalled $42.180 million in Jan-Feb 2024, down from $180.045 million in Jan-Feb 2023. China was the leading supplier, making up over 50 per cent of imports, followed by
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Cambodia's apparel exports grew by 20.80 per cent in the first 4 months of 2024, representing 32.42 per cent of its foreign income. This increase reflects a continued momentum in the textile sector,
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China exported $6.038 billion in leather apparel and accessories in the first two months of 2024. HS code 420212 products, like trunks and suitcases, led exports at $2.15 billion (35.61 per cent). HS
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Garment exports from Sri Lanka in Q1 2024 were $1,145.7 million. Textile exports dropped by 18.9 per cent to $72.1 million, while other manufactured textile articles increased by 17.0 per cent to $30.5
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Apparel exports from Türkiye to Israel are expected to decline significantly this year. In 2023, Israel was a key market for Turkish apparel, being the 13th largest, with exports worth $311.205 million.
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Bangladesh's RMG exports increased by 4.97 per cent to $40.494 billion in the first ten months of fiscal 2023-24, though they missed the $42.974 billion target. Knitwear exports saw a 9.11 per cent rise,
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Vietnamese apparel exports to Singapore are increasingly characterised by the demand for unisex and knitted garments. In the first two months of the current season, unisex garments accounted for 34.45
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In Q1 2024, Turkiye's apparel exports declined by 9.66 per cent YoY to $4.538 billion. Knitted and crocheted clothing exports decreased by 8.1 per cent, while non-knitted apparel dropped by 11.4 per
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Japan regained its second-largest market status in Cambodia's apparel exports in the first quarter (Q1) of 2024, accounting for 13.89 per cent of shipments. Despite fluctuating in recent years, Japan's
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The average price of Chinese apparel exports declined in Jan-Feb, continuing a trend seen in previous years. Large garments, smaller pairs and weighted apparel saw reductions in price, influenced by
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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president urged ILO to press the issues of fair minimum prices for apparel and a unified code of auditing...
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Government's target of earning $110 billion from exports by fiscal 2026-27 would be difficult to attain due to persisting challenges in global and local economies, experts...
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