News

  • UK’s Coats Digital helps Handa digitally transform garment production

    UK-based Coats Digital, leading technology solutions provider for the apparel industry, has announced that global fashion manufacturer Handa Industries has selected its FastReactPlan to digitally transform its production processes, enabling it to respond agilely to more complex order requests, st...
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  • China’s share 27% in US’ imports of leather apparel in Jan-Sept 2022

    China’s share 27% in US’ imports of leather apparel in Jan-Sept 2022

    US imported leather apparel and accessories worth $2.695 billion from China, which was 27.10 per cent of its total imports of $9.944 billion during January-September 2022. The imports registered an impressive growth of 29.46 per cent year on year (YoY). There was no spill over effect of US ban on...
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  • Apparel imports of Middle East at $3 bn in H1, China claims 31% share

    Apparel imports of Middle East at $3 bn in H1, China claims 31% share

    Apparel imports of Middle East stood at $3.108 billion during January-June 2022. Amongst all the exporting nations, China ranked first on the suppliers’ list with a share of 31.43 per cent ($977.016 million), followed by Bangladesh, Turkiye, Italy and India. Asia-Pacific region supplied about tw...
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  • US imports babywear worth $255.955 mn in July 2022

    US imports babywear worth $255.955 mn in July 2022

    Babywear imports by the United States has been on a rise since April this year. The imports increased to $255.955 million in July 2022 from $245.802 million in June 2022. The country imported babywear worth $1,633.762 million in the first seven months of this year, while they amounted to $2.414 ...
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  • Bangla-China JV to invest $15.63 mn to set up garment accessories unit

    Bangla-China JV to invest $15.63 mn to set up garment accessories unit

    Bangladesh-China joint venture company Jinqiu Global Textile Bangladesh Ltd will invest $15.63 million to set up a garment accessories manufacturing unit at the Ishwardi Export Processing Zone (IEPZ) in Paksey of Pabna district. The company will annually manufacture 250 million metres and 2 milli...
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  • Low demand causes south India’s cotton yarn prices to decline further

    Low demand causes south India’s cotton yarn prices to decline further

    Cotton yarn prices have declined further in South India today as demand from the downstream industry continues to be low. Cotton yarn prices have eased by ₹5-15 per kg in the Mumbai market and by ₹3-7 per kg in Tamil Nadu’s Tiruppur market. Traders feel that cotton yarn demand is not likely to p...
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  • European textile exports slide due to energy crisis amid Ukraine war

    European textile exports slide due to energy crisis amid Ukraine war

    European textile and clothing industry recently urged the EU to protect the industry from the crisis resulting from exorbitant increase in natural gas and crude oil prices amid Russia’s invasion on Ukraine. Latest export data reflects the crisis as outbound shipment of technical textile and polye...
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  • US retail sales to grow by 7.1% this holiday season: Mastercard

    This holiday season, retail sales in the US excluding automotive are expected to increase by 7.1 per cent year over year (YoY), according to the Mastercard SpendingPulse annual holiday forecast. The key trends to watch include extended holiday shopping; bargain hunting; in-store experiences drawi...
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  • G20 area’s GDP growth down 0.4% QoQ in Q2 2022

    G20 area’s GDP growth down 0.4% QoQ in Q2 2022

    Gross domestic product (GDP) in the G20 area fell 0.4 per cent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2022 after rising 0.5 per cent in the first quarter (Q1), according to provisional estimates by the Organisation for Economic Co-operation and Development (OECD). The contraction ...
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  • HZ Outdoor to invest $6.03 mn in Bangladesh’s KEPZ for RMG plant

    HZ Outdoor to invest $6.03 mn in Bangladesh’s KEPZ for RMG plant

    China-Taiwanese company HZ Outdoor International Co Ltd will invest around $6.03 million in Bangladesh’s Karnaphuli Export Processing Zone (KEPZ) to build a readymade garment (RMG) and bag manufacturing plant. An agreement to this effect was signed between Bangladesh Export Processing Zones Auth...
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  • GGGI in Seoul, Cambodia ink sustainable energy pact for garment sector

    GGGI in Seoul, Cambodia ink sustainable energy pact for garment sector

    Seoul-headquartered Global Green Growth Institute (GGGI) and Cambodia’s ministry of industry, technology, science and innovation and the ministry of environment recently signed an agreement in Kep City to promote sustainable energy practices in the latter’s garment sector to reduce environmental ...
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  • Cambodia’s 2023 monthly minimum wage reaches $197.86 in talks to date

    Cambodia’s 2023 monthly minimum wage reaches $197.86 in talks to date

    The latest range in negotiations for next year’s monthly minimum wage for Cambodia’s textile-related sectors is expected to rise to just below $200, the labour and vocational training ministry recently said. Based on seven socio-economic criteria for determining the minimum wage, a minimum ...
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  • Indonesia may hope investment in textile sector from RCEP, not synergy

    Indonesia may hope investment in textile sector from RCEP, not synergy

    Indonesia’s Parliament has given a green signal to the country’s membership of the Regional Comprehensive Economic Partnership (RCEP) trade pact. The country expects to boost trade and foreign direct investment in various sectors. Indonesian textile sector may also hope for higher investmen...
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  • Garment factory in Nigeria’s Kwara state to create 2000 direct jobs

    Garment factory in Nigeria’s Kwara state to create 2000 direct jobs

    Nigeria’s Kwara state’s garment factory would generate direct employment for 2,000 after it is inaugurated this year, according to state governor Alhaji AbdulRahman AbdulRazaq, who recently said the aim is to turn Kwara into a garment production hub, which could then benefit from the US African G...
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  • ILO & US’ Nike partner to launch new initiative for garment workers

    A new initiative to cut deaths and injuries among garment and footwear workers has been launched by the International Labour Organization’s (ILO) Vision Zero Fund and Nike Inc. The joint initiative aims to understand why garment and footwear workers are vulnerable to injuries and deaths resulting...
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