EU vs. US Garment Imports: A tale of diverging trends
The global garment industry is a complex web of production, distribution, and consumption, with shifting trends and regional disparities shaping its landscape. A focal point in understanding this dynamic is the comparison between the European Union (EU) and the United States (US) in terms of garment imports... Read more
Navigating the Maze: Wazir Advisors on US Tariffs' complex impact on I…
The US stands as an important export destination for the Indian textile and apparel (T&A) industry, with annual shipments reaching almost $10 billion. The recent imposition of tariffs by the US on imports creates a complex scenario, a double-edged sword offering a potential advantage while simultaneousl... Read more
Reciprocal Tariff Impact: India's edge over Bangladesh lost to higher …
The United States is a critical export destination for the Indian textile and apparel industry, with annual shipments reaching approximately $10 billion. The recent imposition of tariffs by the U.S. on these imports presents a complex situation. It offers a potential advantage while simultaneously exposing ... Read more
Europe shows the way with its waste-to-wealth initiatives, recycling h…
A quiet but powerful transformation is underway in the European Union. The continent, once burdened by mounting waste, is steadily evolving into a hub of recycling innovation. The rise in recycling initiatives and increasing recognition of waste as a valuable resource are paving the way for a thriving recyc... Read more
India's polyester raw materials sector balances between domestic produ…
India's polyester industry, a significant contributor to the nation's textile sector, is passing through a complex landscape with fluctuating raw material prices, a growing domestic demand, and reliance on imports to bridge the supply gap. Domestic demand India's burgeoning middle class and rising d... Read more
Record global fiber production surpasses expectations, sustainability …
Global fiber production increased to unprecedented levels in 2023, reaching a historic peak of 124 million tons, marking a 7per cent increase from the previous year reveals Textile Exchange's latest Materials Market Report. This growth indicates a doubling of production since 2000, with projections suggesti... Read more
India’s home textile sector set for robust growth amid global recovery
The Indian home textile industry is on the cusp of a remarkable revival, with projections indicating an 8-10 percent sales growth for the fiscal year 2024-25 (FY25). This positive outlook comes after a challenging period in FY23, and it's attributed to a combination of key change factors, reveals a report b... Read more
India's cotton textile exports witness mixed performance in 2023-24
India's cotton textile exports registered mixed performance in fiscal year 2023-24, with some sectors showing robust growth while others facing a decrease. Overall, the combined export value of cotton textiles and raw cotton was $11,517.73 million, a 11.23 per cent increase compared to previous year. Cotto... Read more
The growing dominance of polyester in Indian textile industry
At the ITMF+IAF Joint Conference 2024 held earlier this month in Samarkand, Uzbekistan, Ajay Sardana, President & Head-Petchem Industry Affairs at Reliance Industries, delivered a compelling presentation highlighting the growing dominance of polyester in global textile industry. Polyester's ‘magi... Read more
RCEP sparks textile trade boom, China leads charge in innovation
The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, is weaving a new narrative for the textile and apparel industry in member nations. A recent study, published in the journal PLOS ONE, reveals the transformative power of RCEP, stimulating trade, fostering innov... Read more
India's garment industry eyes opportunity amid Bangladesh's turmoil
The ongoing political and economic turmoil in Bangladesh has sparked discussions within India's garment industry about the potential for growth and expansion. As Bangladesh grapples with challenges, Indian manufacturers are exploring whether they can leverage the situation to their advantage. The tex... Read more
India’s cotton imports to rise to 3.3 million bales in 2024-25: CAI
In the 2024-25 season ending in September 2025, India's cotton imports are projected ... Read more
Fast Retailing announces strong results in H1, FY25L raises full year profi…
Japanese retail giant and the parent company of brands like Uniqlo, Fast Retailing an... Read more
The 90-day tariff reprieve can help India clear existing backlogs at reduce…
Though Indian leather and textile exporters don’t expect a huge rise in new ord... Read more
Bangladesh risks losing world’s second largest exporter spot as Vietnam gai…
With Vietnam rapidly improving its logistics, diversifying its product range and stre... Read more
Madagascar faces loss of 60,000 textile jobs owing to 47% tariffs impositio…
Madagascar's crucial textile industry is facing the potential loss of approximately 6... Read more
Fast Retailing to post 14% growth in operating profit in Q2, FY25: LSEG dat…
Japanese operator of the clothing chain Uniqlo, Fast Retailing is expected to post a1... Read more
SaigonTex-SaigonFabric 2025 hosts over 1,000 exhibitors from 25 countries
Opening on April 9, 2025 at the Ho Chi Minh City, the 2025 Vietnam Saigon Textile &am... Read more
CCI procures 52.5 million quintals of seed cotton at MSP in 2024-25
In the current 2024-25 cotton season, up to March 31, 2025, the Government of India h... Read more
India to expand scope for PLI Scheme to include the textile sector: SBI Rep…
India needs to broaden the scope of its current Production-Linked Incentive (PLI) sch... Read more
Despite new tariffs, Bangladesh’s apparel exports to the US rise during Jan…
Despite the recent imposition of new tariffs, Bangladesh's apparel exports to the Uni... Read more
Vietnamese companies weaving eco-friendly materials into production: Vu Duc…
Vietnamese enterprises are weaving eco-friendly materials like organic cotton, recycl... Read more
Lululemon’s Q1, FY25 revenues to fall short of Wall Street expectations, re…
Lululemon forecasts, the brand’s revenues for Q1, FY25 are likely to fall short... Read more
Europe’s textile consumption, waste reaches record high: EEA Report
Europeans are buying and discarding more textiles than ever, says a new report by the... Read more
Next plans physical expansion after a five-year gap
Signaling the end of the worst phase of UK’s retail shift from physical to onli... Read more
Primark to boost US operations with new stores in Georgia, South Carolina a…
British fast-fashion retailer Primark plans to further expand its operations in the U... Read more
Global secondhand apparel market to grow at 10% CAGR till 2029: ThredUp
The global secondhand apparel market is projected to grow at a 10 per cent CAGR and r... Read more
Cotton prices remain below MSP despite procurement reaching 9.4 billion bal…
Even though handled by the Cotton Corporation of India (CCI), the Indian government's... Read more
Asia Pacific’s cotton yarn market to grow at CAGR of 0.5% from 2024-35: Ind…
Driven by increasing demand, the cotton yarn market in Asia-Pacific is poised to grow... Read more
Uzbekistan’s textile products exports’ rise to $2.9 billion: Statistics Age…
According to the Statistics Agency, Uzbekistan exported nearly $2.9 billion worth of ... Read more
Outlook for garment exports remains positive: Former President, BGMEA
The future outlook for garment exports from Bangladesh is promising as orders rebound... Read more
Indian apparel exporters boost capacity to capitalize on Chinese imports’ r…
Indian apparel exporters are increasing their production capacities to capitalize on ... Read more
Indonesia to boost modest fashion exports to Saudi Arabia: Report
Capitalizing o the growing garment industry in the Middle East, Indonesia aims to expand its mo... Read more
India to witness a rise in cotton imports during 2024-25
Lower carry-forward stocks and a potential reduction in output due to decreased cotto... Read more
Textile Ministry organises roadshow in Coimbatore to promote Bharat Tex 202…
Ministry of Textiles recently organised a roadshow in Coimbatore to promote India&rsq... Read more
Iran exports textile products worth $23.5 million in H1, FY24
Textile products weighing 9,500 tons and worth $23.5 million in value were exported b... Read more
Imports duties in apparel sector in need to be reduced: P. Chidambaram, For…
At a session organised by the All India Professional’s Congress, P Chidambaram,... Read more
US’ apparels imports rise to $79.3 billion in 2023; Asia remains major supp…
In 2023, the world’s largest single-country apparel importer, the United States... Read more
Apparel exports earnings rise by 2.88% to $3.18 billion in July: Bangladesh…
In July 2024, earnings from Bangladesh's apparel exports grew by 2.88 per cent to $3.... Read more
Poland’s baby clothing and accessories exports rise by 2.7% in 2023: IndexB…
For the fourth consecutive year, overseas shipments of baby clothing and accessories ... Read more
Bangladesh registers 4.84% decline in apparel exports to the EU: Eurostat
In the first seven months of this year, spanning Jan-July’24, Bangladesh record... Read more
China’s textile, clothing and accessories exports rise 1.12% from Jan-July’…
After a decline in 2023, China’s textile, clothing and accessories exports rose... Read more
Pakistan’s textile exports rise 13% Y-o-Y in Aug’24
Benefiting from an influx of orders driven by rising costs and political instability ... Read more
Global fiber production to rise to 160 million tons by 2030: Report
Having risen by 7 per cent from 116 million tons in 2022 to 124 million tons in 2023,... Read more
Govt to expand HDPS to boost cotton cultivation in Akola
During his recent visit to the Central Institute for Cotton Research (CICR). Union Te... Read more
British Wool sees market growth, highest prices in four years
British Wool reports a stronger market for wool, with prices reaching their highest i... Read more
Saudi fashion market to grow to $42 billion by 2028: Report
Valued at about $30 billion in 2023, the Saudi fashion market is expected to reach $4... Read more
Targeted efforts can help India boost cotton productivity: ABRAPA
Acknowledging the potential of the Indian cotton market, Marcelo Duarte Monteiro, Dir... Read more
Textile exports to rise to $100 billion by 2030: IBEF
India aims to boost its textile exports to $100 billion by 2030, as per the India Bra... 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