Information
Risk events past cotton prices may stabilize
Cotton markets fell when they opened on Nov. 6, with some traders betting that Trump's election victory would lead to new tariffs and restrictions. However, the details remain to be...
Trump was re-elected, China's textile industry will face 8 major changes! How to deal with Chinese textile enterprises?
Just now! In the early morning of November 6 local time, US Republican presidential candidate Donald Trump declared victory in the 2024 presidential election.Following Trump's declaration of victory in the...
China Textile City: early winter knitted fabrics moving pin products continue to increase
Recently, in the traditional market of China Textile City, the sales of knitted fabrics in the early winter expanded from the previous quarter, the mobile marketing products continued to increase,...
The confidence of Chinese cotton enterprises is gradually recovering. The signing of American cotton is expected to increase
According to the statistics of USDA Cotton Export Weekly Report, as of October 17, 2024, the cumulative net export contract of American cotton in 2024/25 was 1.281,500 tons (including Pima...
In the first three quarters, the "International textile capital" textile industry is growing strongly to the "new" industry
According to the latest official news of Shaoxing Keqiao, Zhejiang Province, in the first three quarters of this year, the added value of the textile industry, textile and apparel industry...
Burst! Zara's Oysho may pull out of China
On October 20, Oysho, which belongs to the same Inditex group as the well-known fast fashion brand Zara, suddenly announced that it would close its flagship store on Tmall, the...
A slight rebound in international oil prices continues to await a recovery in cotton demand
On October 17, after the opening of the cotton market, the previous day's gains were reversed, and the strong performance of the US dollar and the pressure of the new...
Us clothing prices rose, but consumption showed signs of slowing
In September, despite a 0.8% drop in consumer spending on apparel, the U.S. apparel CPI rose 0.6%, near the top of the epidemic. Us consumer confidence has fallen, pointing to...
Vietnam's textile and garment industry is witnessing a wave of new investment
At present, there are about 3,500 foreign direct investment (FDI) projects in Vietnam's textile sector, with a cumulative investment capital of $37 billion.In recent years, Vietnam's textile and garment industry...
In the first three quarters, China's cumulative textile and garment exports increased slightly year-on-year to 222.41 billion US dollars
Data released by the China Textile Import and Export Chamber of Commerce on the 15th show that in September, China's textile and garment exports fell 3.8% year-on-year, the first three...
H&M has announced that it will stop using raw down by the end of 2025
Animal rights activism has turned to down, with H&M planning to stop using it by the end of 2025, and having convinced major brands and designers to stop using fur...
Burst! Another port strike! Announce an "indefinite strike" tomorrow and refuse to work overtime!
According to foreign media on October 8 news, recently, the labor-management tensions in the Canadian port of Montreal have intensified, and the contract dispute will enter a new stage, and...
USA, EU, Thailand, Malaysia, Singapore... Many countries have raised taxes on cross-border e-commerce
In today's deepening globalization, cross-border e-commerce has become an important bridge connecting the world market.However, as countries continue to update and implement new trade rules, cross-border sellers face unprecedented challenges...
Sound the alarm! The largest container port in the East of the United States nearly 50,000 people are about to strike! Or $7.5 billion in damage!
For the textile people who do foreign trade, receiving an order is only the beginning of an order, and the shipment to the customer's hand is also an important part,...
At 240 million euros, China once again became the largest export market for German textile machinery
ITMA ASIA+CITME, which will be held in Shanghai from October 14 to 18, will feature 49 VDMA member companies again. The German delegation is the largest foreign delegation at the...
Vietnam, the new largest clothing supplier to the United States, has reached the "monthly salary of 3000" level?
In recent years, the export pattern of the global textile and garment industry is undergoing great changes. In the context of the impact of the epidemic has not yet fully...
Comprehensive Buyer’s Guide to Attending the Canton Fair 2024
What is Canton Fair? The Canton Fair, officially known as the China Import and Export Fair, is a long-established and comprehensive international trade event. Held biannually in Guangzhou, China, the...
Take care of both tracks and run hard! Chemical fiber machinery industry promising
"Now high-performance fiber and high-end equipment is the focus of industry development, chemical fiber machinery industry enterprises will have great prospects." At the same time, in terms of high-end, intelligent...
Bill Gates has teamed up with ZARA and H&M to invest $230 million in a textile material company
On September 5, GALY, an American biotechnology company, announced that it had successfully raised $33 million in funding, mainly to advance its flagship product "GALY Cotton".The round was led by...
Denmark's Bestseller Group bought Topshop for $1.25 billion
ASOS Forms Joint Venture with Heartland to Revive Topshop and Topman Brands British fashion e-commerce company ASOS issued a statement that it has reached an agreement after a "competitive sale...
Crude oil production delayed, the Fed rate cut "stable"... Can reverse the decline of polyester raw materials by nearly 6% a week?
Continuous Decline in Crude Oil Futures and Polyester Market Impact Since last Friday, under the pressure of multiple negative news, international crude oil futures have fallen continuously, and the PX-PT-short...
U.S. textile and apparel imports will fall 2.37 percent
A closer look at the numbers reveals mixed trends within the industry. Clothing imports experienced a significant decline, falling by 4.65%. In contrast, non-apparel imports rose 4.38 percent, indicating stronger...
Will Sino-Canadian economic and trade relations affect textile raw materials and textile products?
Government Response to Trade Measures At a press conference on September 3, the spokesperson of the Ministry of Commerce responded to a reporter's question, pointing out that in light of...
Overview of textile and apparel trade in major emerging economies since 2024
In the first half of this year, the global economic recovery momentum was better than expected, the consumption of developed economies in the United States and Europe has been resilient,...