Weekly News
Highlights
The 2018 Budget Speech (27/10/2017)
Comparison of Income Tax
BESTINET Presentation on FWCMS
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
Weekly News 11/20 (13/03/2020)
KWSP 17A (Khas 2020)
80.8% of Chinese enterprises have resumes work
EU approves another GSP+ status for Pakistan till 2022
Trade impact on India due to coronavirus to be $348 mn
US removing Vietnam as beneficiary to
have minimal effect
Philippines’ textile and garment industry to
be revitalised soon!
Coronavirus impacts US $
1.2 billion worth global textile and apparel trade
COVID-19 impact: USA slumps 10.72% in its apparel import
in January 2020
Weekly News 10/20 (06/03/2020)
Carter's
Inc.sales surge though profits slump
Coronavirus outbreak hits Thai garment
industry
Vietnam sees India as alternative raw material supplier
Bangladesh
continues its dominance in trouser exports to EU
Diesel launches upcycling initiative with
limited edition capsule
EU apparel import nosedives amidst changing
consumer preferences
Nike's European
headquarters shuts down temporarily due to Coronavirus
Vietnam, Cambodia
cross US $ 1 billion mark in RMG exports to Canada for the first time
Weekly News 09/20 (28/2/2020)
Uniqlo reopens around 100 stores in China
Adidas China business falls 85% for
coronavirus
Bossini faces huge losses; sales go down by 20%
Gap Inc. collaborates with ThredUp to sell used apparels
India marks 28.88% surge in kidswear exports to USA in 2019
Indonesia's largest integrated viscose rayon production unit
open
China creates turmoil as US falls in its
denim apparel import in 2019
China declines in its RMG export to Japan; ASEAN
grabs the share in 2019
Myanmar's apparel factories facing closure due to
Coronavirus impact
Weekly News 08/20 (21/2/2020)
USA falls in apparel
consumption in 2019!
PVH issues statement on
impact of Coronavirus
US January retail sales grow
2.7% over last year
Toray's carbon fibre sales
grow 16.8% in Q3 FY19
Nike's Move to Zero capsule
to release this summer!
Vietnam Textile firms urged
to source from Malaysia, India
Brands
depending on Asian countries for manufacturing apparels
EU cuts tariff preferences
to Cambodia; setback for textile sector
Prolonging Coronavirus: Garment accessories
makers fear Tk150 billion losses
Weekly News 07/20 (14/2/2020)
J.Crew to shut down stores
in Hong Kong
Apparel
export earnings drop 5.71% in July-January
Coronavirus: How Indian
industries to grab the opportunity
BCI retailer extends better cotton sourcing
by 40% in 2019
H&M, Coop Denmark join ChemSec's call to
end PFAS use
Coronavirus forces Nike to
close down half of its stores in China
Macy's to shut down 125
stores; to focus on reducing headcount
Turkey sees orders shifting
from China owing to Coronavirus impact
Weekly News 06/20 (7/2/2020)
Bangladesh is still ahead of Vietnam in
apparel exports
Columbia Sportswear appoints Tim Boyle as
Chairman
India stops export of N95
masks, protective clothing
Messe Frankfurt's Shanghai textile fairs
postponed
Authentic Brands Group coming to Forever 21’s
rescue!
Weakening apparel export
causes to lower cotton import in BD
Lindex Baby Home focuses on organic cotton
and recycled polyester
Myanmar’s export revenues from the textile manufacturing sector
make up nearly 10%
Weekly News 05/20 (1/2/2020)
USMCA offers
stability for US cotton in key markets
Japan offers funds for sericulture
project in Philippines
Diesel unveils
sustainable strategy for responsible living
Indian govt scraps MEIS for garments from March 7, 2019
Sri Lanka earns $5.3 bn in apparel export earnings in 2019
Bangladesh imports more than eight
million bales of cotton a year
Adidas will launch
gender-neutral clothing designed by singer Beyonce
Innovations
can present $20-30 bn biz opportunities for fashion industry
every year
Weekly News 04/20 (25/1/2020)
New
Minimum Wage Gazette
Myanmar
drafting national textile policy
Trade
of home linen increases by 35.79%
NCTO
questions US govt approach to tariff reductions
China,
US sign phase 1 trade deal; tariffs to stay for now
Morocco
adds tariffs on apparel from Turkey despite FTA
Lululemon
appoints Nikki Neuburger as chief brand officer
WTO
forms dispute panel over India's duty hike on US goods
Weekly News 03/20 (18/1/2020)
New Minimum Wage Gazette
Myanmar drafting national textile policy
Trade of home linen increases by 35.79%
NCTO
questions US govt approach to tariff reductions
China,
US sign phase 1 trade deal; tariffs to stay for now
Morocco adds tariffs on apparel from Turkey despite FTA
Lululemon
appoints Nikki Neuburger as chief brand officer
WTO
forms dispute panel over India's duty hike on US goods
Weekly News 02/20 (11/1/2020)
Malaysia's T & A Trade (Jan to Nov 2019)
Global Textile Raw Material Price 03-01-2020
India to review free trade agreements: minister
Pakistan withdraws all duties, taxes on cotton import
Global cotton prices forecast to fall in 2019-20, 2020-21
China drops tariffs on Pakistani products as FTA-II starts
Bangla RMG firms want 5% tolerance in yarn count at ports
Global smart textile market to reach USD 5.55 billion by 2025
Weekly News 01/20 (4/1/2020)
Men buy more clothes online than women
India may turn 4th-largest economy in 2026
65% Chinese like traditional Han clothing: survey
Cambodia's exports continue strong growth: ministry
Azerbaijan's area under cotton cultivation to rise in 2020
Online comprises 1.6% of retail sales in India: World Bank