Weekly News
Highlights
The 2018 Budget Speech (27/10/2017)
Comparison of Income Tax
BESTINET Presentation on FWCMSWeekly News 33/19 (17/8/2019)
Trade war causes slump in Giordano sales
H&M x Toca Life kidswear capsule goes on sale!
Versace apologises after T-shirt draws Chinese
wrath
Some Vietnamese garment units sees decline in orders
Indonesia raising volume of garment-textile exports to US
US delays 10% tariff on some clothing imports
from China
3 million garment workers may struggle if
tariff-free status is withdrawn, says GMAC
Readymade garments from China coming in
duty-free through Bangladesh: Apparel industrialists
Weekly News 32/19 (10/8/2019)
RMG sector earns big from export to India!
Trump to impose 10% tariff on $300 billion of Chinese Goods
Puma sales rise in first 6 months! New stores
unveiled in China
Labour-related issues! Challenges ahead for Vietnam’s textile sector
Bangladesh and Vietnam jointly gain 2nd largest apparel
exporter position
Vietnam hasn’t gained much from US-China trade war, says VITAS
Chairman
Nike announces its acquisition of Celect aiming to
better predict shopping behaviour
Giordano reports decline in profits for second
consecutive quarter owing to US-China trade war
Weekly News 31/19 (3/8/2019)
Nike looks at selling Hurley!
Green Button! Germany’s new textile standard
Nike signs New Orleans basketball star Zion
Williamson!
Columbia Sportswear net sales up 9% to $526.2 mn in Q2
Quantities of apparel import by European Union pick up in
May
Receiving less order worries Vietnamese
garment manufacturers
Raw silk production witnesses a 10.52% rise in India:
Smriti Irani
Australia partnering ILO to improve
working condition of Bangladesh garment industry
Weekly News 30/19 (27/7/2019)
MOHA: Back for Good Programme
Flow
Chart
Intertextile Shanghai Apparel Fabrics 25-27 Sept 2019
Apparel firms in Vietnam sign labour pact with
employees
Bangladesh-made garment price drops 1.61% in
last 4 years
PONEY ventures into technology and functional
fabric with NANOTEXTILE
More RMG companies go ‘cashless’; workers’ salary in
mobile wallet now
Zara’s active vendor base in India falls by 7% but workforce
increases by 26%
Fourth plant in Vietnam! Japan-based apparel
maker continues investing in Vietnam
Incubation centre promotes large scale production of eco-friendly
banana-silk clothing
Weekly News 27,28/19 (13/7/2019)
KappAhl’s sales see a decrease of 3.3% in Q3
Armenia's garment production up 33.7% in
Jan-April
Bangladesh & Vietnam gaining from US-China
trade war
China is CERTAINLY tumbling in apparel
exports to USA!
Zara’s profit in India dips 13.43% to Rs. 71.49
crore for FY19
Uniqlo plans “unlimited” investment in India; new
stores in the pipeline
Pakistan targets value-added
textile exports to $30 billion over the next five years
Nike hops onto the bandwagon of Climate Change by
signing UN Fashion Charter
Weekly News 26/19 (29/6/2019)
Global Athleisure Market to grow by
2019-2023
China's apparel export takes a hit in Jan-May period
YKK launches zippers made from plant-based
plastics
Apparel exports from India are
expected to make a recovery
Tata Group to build cheaper fashion brand to
compete with Zara
H&M’s commitment to sustainability continues;
partners with Maersk
Gap has reduced its
manufacturing exposure to China from 25 to 21%
Responsible Edit! Asos brings together recycled
and sustainable clothing
Weekly News 25/19 (22/6/2019)
Lululemon Athletica sales rock in China!
Li & Fung honours Welspun in vendor summit
India aims to be a $350
billion textile industry by 2025
H&M Q2 results declared! Increase in net
sales, but challenges remain
More factories in Vietnam! HanesBrands’ VP meets
Deputy PM of Vietnam
Intertextile Shanghai Date: 25-27 September 2019
Venue: NECC, Shanghai
Bangladesh garment suppliers are
in constantly pressure of low price from brands
UK Government rejects proposals to force fast
fashion retailers to be more environmentally responsible