Weekly News

Weekly News 28/24 (12/07/2024)

GreenStitch targets major carbon emission reduction by 2030
UK retail sales fall in June despite better weather
US to support textile and apparel trade alliances in Central and South America
Canada’s greenwashing efforts to significantly impact apparel firms
Crackdown on counterfeit fashion escalates at Paris 2024 Olympics preparations
Forever21 exiting the Colombian market
SHEIN commits to investing in the UK and Europe in anticipation of a potential IPO
CITI and TTF sign MoU to cultivate textile industry cooperation

Weekly News 27/24 (05/07/2024)

Indian textile exports surge in FY 2025
Manufacturing sector in India sees growth in June, say reports
Ministry of Textiles launches pilot project for textile recycling in Navi Mumbai
Lululemon backs plastic-eating enzyme innovation from Samsara Eco
Fast fashion industry in India projected to reach US $ 50 billion by FY ’31, says report
Indonesian textile sector under jeopardy, imports lead to closure of 21 factories
ReCircle’s latest textile vertical strives to process 570 million tonnes of textile waste a year
Asian manufacturing sees strong momentum, Europe suffers setbacks

Weekly News 26/24 (28/06/2024)

Vietnam overtakes China to lead market share of textile-garment exports to US
Bangladesh, China aim for ‘game-changing’ economic partnership
Global Textile Pigment Chemicals market to grow
Report says ignoring plastic shift could cost businesses US $ 100 billion by 2040
Under Armour to pay US $ 434 million to settle lawsuit over sales reporting disclosures
American Giant partners with Walmart
Report says EPR policies are crucial for addressing textile waste
H&M teams up with Ev Bravado and Téla D’Amore to launch Jean-Michel Basquiat-inspired collection

Weekly News 25/24 (21/06/2024)

US cotton body seeks removal of 11 per cent import duty on short-staple cotton
Tamil Nadu textile industry demands raw materials at competitive prices
New EU rules may restrict textiles and footwear exports
Fashion and Apparel are retail frontrunners in India, says report
Indian textile exports surge by 9.59 per cent in Mayy
H&M presents first mini collection made from regenerative cotton
Indian cotton exports up 67 per cent due to late demand in Bangladesh
Separate textile collections vital to dealing with clothing waste, states Ellen MacArthur Foundation

Weekly News 24/24 (14/06/2024)

Experts urge to go for recycled garments to boost exports
SME clothing manufacturers in UK see 40 per cent revenue slide in Q1
Levi Strauss & Co engages o9 Solutions to boost fabric supply efficiencies
China fuels the rise of Lululemon and other high-end sportswear labels
US clothing sales soar as retail bounces back in May
D2C brand market in India set to hit US $ 61.3 billion by FY ’27
Garment makers seek export cash incentives to last till 2032
Energy crisis causes Bangladesh to trail behind in US garment work orders
MKMA