Highlights 

  Employment Insurance System

  FAQ on Industry 4.0

  The 2018 Budget Speech (27/10/2017)

  Incentives To Boost Productivity 2015/2016

  Comparison of Income Tax

  GAP Worldwide Suppliers List

  Requirements For The Rehiring Programme For Illegal Workers

  BESTINET Presentation on FWCMS

 

Weekly News 41/20 (9/10/2020)

China's RMG import takes a boom in Jan.- Aug. '20 leaving pandemic uncertainty aside
Gap plans to hire staff for upcoming holiday season
Global trade of clothing accessories dips 10% in 2019
H&M announces closure of 250 stores by next year due to growth of online sales
Taiwanese invest in Vietnam's garment, textile sectors
US flagged forces labor produces products from China
FDI firms generate 70% of Vietnam textile export turnover

Weekly News 40/20 (02/10/2020)

Inventories of cotton yarns in China destocking at a fast rate!
Global e-com sales 7% higher post 66% May pandemic spike
M & S bring back its 'shwopping' scheme from 1 October
Nike's Q1 revenue touches better-than-expected US $ 10.6 billion; online sales rise by 82%
Philippine garment sector may be hit by EU GSP + withdrawal
80% US shoppers to raise BOPIS, curbside pick-up: survey
Coveralls import of USA falls 32.23% in 2020; Bangladesh remains positive among top shippers!

Weekly News 39/20 (25/09/2020)

YKK and Polygiene zaps viruses in zippers
Digitally strong retailers to gain sales in 5 yrs: Google
Uniqlo launches recycling initiative Re.Uniqlo worldwide
USA down 31.78% in cotton trouser import value in 2020
JD Sports Fashion reports H1 FY20 revenue of £2,454 mn
Lululemon has plans to add more stores in the US; full rent paid
Apparel group Bossini's annual sales slump by 27%; gross margin falls to 49%

Weekly News 38/20 (18/09/2020)

Sri Lanka mulls raising garment production in rural areas
$2 hike in minimum wage for Cambodian garment workers
US apparel consumption shrink and China sourcing debacle
China loses ground in denim apparel shipment to USA; Bangladesh remains at top

China grows Y-o-Y first time in 2020 in its garment exports...August is the month!
Ethiopia, Cambodia and Myanmar... only countries to grow in apparel exports to USA during Jan.-Jul.'20!
The Personalisation Paratox: US e-commerce retailers fail to connect with shoppers as demand for engagement rises

Weekly News 37/20 (11/09/2020)

Virtual - Vastra - Expo
Vietnam's textile-garment export dip by 12.1% in Jan-Jul
JD Sports scraps dividend as profits go down in first half!
adidas and Wolford announce collaboration on women's activewear

Ralph Lauren to pursue higher margin customers; to reduce wholesale distribution
Though India's RMG shipment to USA falls 33.28% in YTD, it grows 87.93% in July '20 over June '20
Japan still not recovered as RMG imports down 45% in July '20 over July '19 and by 19.63% in COVID-19 period
US RMG import down by 30.68% YTD on a year earlier, though saw the best monthly surge of over 51% in July '20 over June '20

Weekly News 36/20 (4/09/2020)

Global exports of cotton apparels slightly depressed
Indonesia's potential for non-apparel textile items vast

US seeks list of brands that cancelled Bangladesh orders
Gap and Banana Republic to shut over 200 stores globally
Uzbek textile-garment exports rise by 112% from Jan to Jul
UCLA sues Under Armour for terminating sponsorship agreement
Japan textile and apparel export values US $ 3.29 billion in H1 '20; sinks 13% Y-o-Y
Employee's Minimum Standards of Housing, Accommodations And Amenities Regulations 2020

Weekly News 35/20 (28/08/2020)

Global exports of cotton apparels slightly down
China's apparel export surges in July by 18.96%
UK July retail sales volumes 3% above pre-pandemic levels
Japan's Renown to sell D'urban, other brands to Koizumi Co
Gap's San Francisco flagship store to permanently shut down
Japan's cotton yarn import declines 8.30% in tonnes during H1 '20
30% garment factory workers in Philippines to be furloughed till year-end
Yearly Drop, Monthly Surge - a trend Chinese sewing machine export follows
Japan surges over 2% in cotton fabric import in H1 '20; China regains dominance

Weekly News 34/20 (21/08/2020)

Bangladesh becomes no.1 denim exporter in USA
Tapestry sees 53% fall in net sales; e-commerce is the saving grace
Chinese apparel retail sales in July '20 is WORST in last 4 months!
Esprit to post loss of US & 503.2 million in annual report due to COVID-19
Turkey marks 8% Y-o-Y growth in textile and garments exports in July '20!
Bangladesh becomes 3rd largest sourcing destination for US-based fashion brands
EU suspends preferential trade scheme with Cambodia over human rights violations

Weekly News 33/20 (14/08/2020)

Egypt's garment exports decline 24% in H1 2020
Japan-UK FTA to be mutually beneficial:GlobalData
Cotton exports from India fall 39% in April-June period
Prices of textile products in India recover in Jun: Ind-Ra
T-Shirt import of USA grows 47% in June '20 over May '20
H1 '20: Canadian apparel import picks up in June after falling till May

adidas posts 34% loss in Q2 net sales as online sales jump by 93%
US retail sales grow 9.2% Y-o-Y in June; surge seen in the UK and Germany as well
Canada, Mexico uptick apparel shipment to USA in June '20; first half remains negative

Weekly News 32/20 (07/08/2020)
Nike hottest apparel brand in The Lyst Index
Prada sees growth in Asia as its half-yearly sales slump
UK ensures furloughed staff get full redundancy payments

Cambodia's 5-yr plan for garment-textile, footwear sectors
Champion to launch sustainable streetwear line Re:Bound
Investing US $100 million, JD.com and Li & Fung Ltd. join hands
Under Armour's revenue likely to fall by 20% to 25% in second half
Uniqlo sees increase in July sales; more demand for stay-st-home apparels

Weave the Future with Taiwan Textile Machinery
https://twmt.taiwantrade.com/mp/taiwan-machinery-free-webinar-7


 

Weekly News 31/20 (30/07/2020)

Pandemic hits Vietnam' garment-textile export turnover
Carter's sees a fall of 30% in Q2; net income too expectedly slumps
Only 4 countries see surge in apparel exports to USA during Jan.-May '20
Nepal RMG sector faces order cancellation worth Rs. 1.25 billion by global buyers
Nike announces job cuts and leadership changes to focus on its e-commerce business
As pandemic takes edge off, China's apparel import surges by 48.89% in June '20
China's apparel export grows 46% in June '20; indicates global market rebounding
Bangladeshi apparel makers book only 35% orders of its production capacity for July-Dec of 2020

 

Weekly News 30/20 (24/07/2020)

Japan apparel & textile export falls 26% in May' 20
US coalition calls fro strong rules for govt PPE Purchases
Sewing machine export of China drops 22.10% in Jan.-May '20
Cotton production to increase 11.30% in 2020/21, predicts USDA
Bangladesh to set apparel exports target at $33.78 billion for FY21
India is second top Chinese sewing machine importer in Jan.-May '20 period!
Techtextil North America and Texprocess Americas rescheduled beyond 2020

 

Weekly News 29/20

 
Topshop to shut down its last store in Hong Kong
Fast Retailing foresees 50% slump in yearly profit
Total UK online fashion checkouts up 93% in June
COVID-19 hastens retail digital transformation: Global Data
Nike launches concept store Nike Rise in Guangzhou China
H&M Foundation supports women RMG workers in Bangladesh
USA declines by over 25% in textile and apparel import from EU-27
Messe Frankfurt completes 780 years of evolution; all set to restart business activities post-pandemic

 

Weekly News 28/20 (10/07/2020)

Gap closes stores in Hong Kong
Apparel export to USA declined amid COVID-19
Esprit to cut 1200 jobs, close 50 stores in Germany
Vietnam garment export drops 14.5% in five months
China to be largest importer of cotton lint in 2019-20
Here's a new initiative to improve textile waste water management!
50% jump in Mango's online turnover; 900,000 new digital customers
StopHateForProfit! Many apparel brands and retailers now away from advertising on Facebook
US apparel import from China surges in May '20 by 16.53% over April '20; total yearly import down by 60%

 

Weekly News 27/20 (02/07/2020)

H&M's half yearly results: sales down by 23%
Under Armour to end US $280 million deal with UCLA
Nike performs well in China as its Q4 sales fall by 38%
Indonesian PPE producers gear up for exporting coveralls
US fabric imports value down by 11.37% in Jan.- Apr. '20
67 mn clothes could be discarded by UK homes post lockdown
China sees steep climb in apparel and textile exports in May over April

Weekly News 26/20 (26/06/2020)
Mango invests in centralised automation centre
EVFTA expected to help Vietnam's economic recovery
Indonesia announces tax break for PPE manufacturers
UK retail sales volumes partly rebound in May, rise by 12%
NAFTA declines in its apparel export to USA in Jan - Apr '20
19.3 per cent of younger consumers bought more clothing during lockdown!
Forever 21 tries to re-enter UK and Europe with a new strategy: goes e-commerce only!

Weekly News 25/20 (19/06/2020)
Guess reports huge Q1 loss! CEO is still optimistic
Knitwear export performance indicates huge shrink
Zara owner to close 1,200 stores worldwide in 2 years
Industrial sewing machine export of Japan plunges in Q1 '20
PVH Corp.'s Q1 revenue down by 43%; 85% stores to reopen soon
Bangladesh, Vietnam see boost in brassieres export to USA in April '20
Lululemon sees 68% jump in online sales" not enough to offset Q1 slump
 

Weekly News 24/20 (12/06/2020)

Gap too registers losses in Q1!
Sateri commercialises its new sustainable fibre!
Adidas sales pick up faster than expected in China
US denim apparel imports decline 55.30% in April '20
Richpeace launches automatic face mask machine line
G-III records 36% fall in overall sales in Q1; to close nearly 200 stores
Vietnam grows (surprisingly) 34.5% in kidswear exports to USA in April '20
H&M wins copyright claim against Unicolors Inc. over similar geometric design patterns

Weekly News 23/20 (05/06/2020)

Global trade of cotton sewing thread to fall
Ralph Lauren sees a fall of 15% in Q4 revenues
Sri Lanka hopes to attract $1 bn worth PPE orders
Intertextile 2020 to offer bedding products for buyers
UK charity calls for avoiding fast fashion post lockdown
Asos Marketplace reports strong sales during lockdown
Japan's Descente to close 47 kids wear shops in S Korea
Alibaba planning to bring onboard 100,000 online influencers for global busines

Weekly News 22/20 (29/05/2020)

Adidas introduces reusable face covers
Li & Fung officially delisting from HKEX
Impose additional duty on garment import
India's yarn export to slide 35-40% this fiscal
Alibaba's online sales see a jump of 19% in Q4
Uniqlo will now make masks made of underwear fabric
After Columbia, Lululemon and TJX also reopen stores
H& M launching new men's collection with cooling fabric 'Coolmax'
 

Weekly News 21/20 (22/05/2020)

Columbia and Hudson's Bay too reopen stores
Mango may reopen 80% of stores by May end
California Textile adds reusable face mask to product line
ZnZ to introduce specially treated fabric to fight COVID-19
YKK expands product offerings to support COVID-19 relief
BGMEA recommends to close 46 factories for failure to pay wages
Thailand, Vietnam among biggest winners in brassieres export to USA in Q1 '20
Tapestry to slowly reopen its stores across North America and Europe by this weekend

Weekly News 20/20 (15/05/2020)

Bangladesh's apparel exports fall dramatically in April
Sri Lankan PM seeks US assistance for apparel sector
70% Indonesian clothing factories may face permanent closure
Mall owners collect only 15% rent in April; rents might fall further
H&M sales down by 57 per cent; Italy witnesses maximum impact
Mango to donate 1% of in-store sales revenue to WHO's solidarity fund
India’s RMG export to USA falls 6% in March ’20; kidswear, jackets show potential
As China tumbles 52% in March, Vietnam becomes top apparel exporter to USA

Report:
Impact of COVID-19 on Indian Apparel Industry
The Big Fall - Impact of COVID-19 on EU and US Apparel Market

Weekly News 19/20 (08/05/2020)

Nike online sales picked up
USA Apparel Import Continue to See Negative Trend
Global imports of synthetic fibre gloves expected to rise
Lockdown effect: Indian apparel industry to shrink by 35%
ILO calls for urgent policy measures to support businesses
American Apparel to shift production to PPE, masks, gowns
Fired and furloughed factory workers demand higher Government aid
Noida garment exporters left with no orders to service for next 2 years
BGMEA audit garment factories to guarantee health and safety practice

 

To unsubscribe, please click here and type unsubscribe  in the subject line.