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British Wool confident of continued recovery in wool market through 2022
With a 36.4 per cent/kg increase in payment to members this year, British Wool British Wool is paying almost £8.4... Read more
Luxury re-commerce opens up new opportunities for brands
As demand for sustainable products rise, luxury re-commerce is emerging as a big opportunity for brands to capture the millennial... Read more
Bangladesh RMG sector on a roll with new projects and factories lined up
Insufficient power and energy supplies have failed to discourage Bangladesh entrepreneurs from investing in the country’s RMG sector, witnessing excellent... Read more
High inputs costs, weak demand may slacken future textile growth: ITMF survey
In March 2022, the situation of textile business across all regions and segments remained positive with +14 percentage points reveals... Read more
India: Government to address rising cotton price issues
Piyush Goyal, Union Minister of Commerce & Industry and Textiles has called a meeting of all stakeholders to look into... Read more
India: SIMA urges stakeholders to resolve cotton crisis collectively
Cotton demand that remained dormant during the second pandemic wave is now being released with consumption rising to 360 lakh... Read more
Bangladesh leads US’ apparel imports in Q1FY’22: OTEXA
In the first quarter of 2022, the US’ imported 24.72 per cent more apparels from Bangladesh and Indonesia, as against... Read more
Workers’ agitation in garment factories compels buyers to pull out of Sri Lanka
On April 28, this year, parties-led trade union instigated workers at the main Katunayaka Free Trade Zone to stop work... Read more
EU-27 continues to suffer despite surge in textile and apparel consumption
Just as the European textile and apparel market had recovered from the pandemic it was once again hit by the... Read more
Diversification to MMF a must for Bangladesh for future growth in RMG exports
An important growth driver of its economy, Bangladesh readymade garments (RMG) industry mainly depends on import of raw materials like... Read more