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Bangladesh's largest garment group is closing 16 factories and laying off 40,000 workers
From December 16, Beximco's 16 garment factories will lay off about 40,000 workers. Legally, layoffs are the company's only option right now. Beximco, Bangladesh's largest textile and garment manufacturer, has...
Since Macao's return, the total value of mainland imports and exports to Macao has exceeded 470 billion yuan
This year marks the 25th anniversary of Macao's return to the motherland. According to customs statistics, since Macao's return, the total import and export value of the Mainland to Macao...
Why are both PUMA and Adidas using this innovative sustainable fibre material from Finland for their sports collections?
PUMA announces partnership with Spinnova Use of innovative wood fibers in sports fashion collections On December 10, sports company PUMA announced a partnership with SPINNOVA, a Finnish textile materials innovation...
Adidas accelerated the layout of the ice track and high-end outdoor brands to grab the market
Recently, adidas, which had been layout in the outdoor market 7 years ago, once again increased the ice and snow track, and launched a co-creation ski suit series with snowboard...
China's textile and garment exports rose 6.8 per cent in November from a year earlier
According to data released by the China Textile Import and Export Chamber of Commerce on the 10th, China's textile and garment exports increased by 6.8% in November, driven by China's...
2023 Recycled PET Content In US Bottles Reaches Highest Level
December 12, 2024 — Polyethylene terephthalate (PET) bottle recycling rates across the United States reached new heights in 2023, according to the National Association for PET Container Resources’ (NAPCOR) latest...
Youngor made good use of "wisdom" golden key
In recent years, Youngor Fashion Co., LTD. (hereinafter referred to as "Youngor") has actively carried out 5G technology exploration and application practice. In the upstream of the industrial chain, Youngor...
When health becomes the new direction of textile, look at the possibilities of seaweed and silver fiber
Recently, the 8th National Health Function Textile Science and Innovation Forum was held in Zhejiang in 2024. With science and technology as the guide, health and function as the direction,...
Trump tariffs trigger chain reaction! Nike imports from China down to 16%? Us retailers: "Buy before tariffs rise!"
In December 2024, a piece of news sent shockwaves through the apparel and footwear industry: As Trump returns to the presidency, rumors are swirling that he plans to impose steep...
China's lightning-fast counteraction against the U.S.! Uniqlo doesn't use Xinjiang cotton? The Xinjiang Cotton Association responds forcefully: absolutely unacceptable!
Yesterday, Xinjiang Cotton Association issued a statement directly in response to Uniqlo founder's remarks! Emphasis on the importance of Xinjiang cotton and China's position in the global textile industry! Looking...
A night of fright! South Korea's financial market is shaken! Exchange rate falls to 15-year low! Textile profits plunge?
The South Korean stock market opened lower on the morning of December 4, with the KOSPI index at 2,450.76 points, down 1.97% from the previous trading day. South Korean President...
From the World Clothing Congress science and technology innovation release, read the three major trends of textile science and technology innovation
On November 22, with the theme of "New quality momentum, reshaping growth", the "2024 World Fashion Conference - Scientific and Technological Innovation Release" was held in Humen, Dongguan. The event...
Famous shoe factory announced that 180 million year-end bonus! More than 60 shoe factories here have cut production by 50%
Changxin Vietnam Co., LTD., one of the giants of the footwear industry, will spend about 650 billion VND (about 186 million yuan) to give more than 40,000 workers a 2025...
From January to October, the cumulative export of textile and apparel was 248.25 billion US dollars
According to the statistics released by GTF data on November 21, China's cumulative textile and apparel exports from January to October were 248.25 billion US dollars, an increase of 1.7%....
2024 Miami Clothing and textile procurement begins
The 2024 Miami Clothing and Textile Sourcing Show (ATSM) opened on November 21 local time at Mana Convention Center in Miami, Florida, USA. Jason Prescott, CEO of JPC, USA; Dai...
Price increases are weak, shipping companies cancel a large number of voyages! The shipment may be delayed
Spot container rates were largely flat for the third week in a row as it became apparent that the November 15 rate increase on Asia-Europe routes had little impact on...
Trump is expected to impose 38 percent tariffs on China early next year, or drag down the domestic economy by 1 percentage point in 2025
Economists believe the United States could impose tariffs of nearly 40 percent on imports from China next year, a move that could shave up to 1 percentage point off the...
Freight rates fell on almost all routes, with rates on this route falling by double digits
On November 15, the Shanghai Shipping Exchange released the latest edition of the Shanghai Export Container Freight Index (SCFI). After three consecutive weeks of gains, the index reversed course for...
Why has the textile market come to this?
If asked how the recent business, I believe that most textile people will say that the recent business is not good, but the demand is really poor? Not so much....
The impact of new EU regulations on Vietnam's exports
The Vietnam-EU Free Trade Agreement (EVFTA) has increased Vietnam's exports to Europe from 35 billion euros in 2019 to more than 48 billion euros in 2023. Speaking at a seminar...
Will many textile factories move from China to Indonesia?
Recently, Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto revealed at a press conference that 15 overseas textile investors plan to relocate their factories from China to Indonesia to promote...
In the third quarter of 2024, Russian footwear imports fell by 9.7% year-on-year
In the third quarter of 2024, Russian footwear imports totaled 96.1 million pairs, down 9.7% year on year; The total number of imported shoes in the first nine months was...
The smart wearable textile market is growing rapidly
With the rapid development of science and technology, smart wearable textiles have moved from concept to reality and become an indispensable part of People's Daily life. Smart wearable textiles are...
Rates continue to rise! The European line rose by 700 to 1000 US dollars on the 15th, and the United States and West fell
The latest container export freight index (SCFI) released by the Shanghai Stock Exchange on the 8th was 2331.58 points, up 28.14 points from the previous week, and the weekly increase...