Textile business update
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Fashion
Brazilian cotton market sees price surge in early July
Cotton prices in Brazil increased significantly in the first two weeks of July, rebounding from their lowest levels since October…
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Fashion
Fear of QCO raises poly spun yarn prices; vortex viscose up in India
Polyester and viscose yarn prices have increased in the Indian market, while polyester cotton prices have remained stable. The price…
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Fashion
Global headwinds start buffeting India’s trade on all sides: CRISIL
According to domestic ratings agency CRISIL, headwinds of global growth are starting to affect India’s trade. Commodity exports plummeted 22%…
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Fashion
US’ Kingpins & Messe Frankfurt unite for denim industry growth
Messe Frankfurt, a leading trade show organizer, and Kingpins Show, a leading trade show specializing in the denim industry based…
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Fashion
US biz optimism dips but stays above global average in June: Survey
In June 2023, the forecast for US business activity remained positive for the next year, according to the S&P Global…
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Fashion
ICA leaders visit Brazil to strengthen cotton ties
International Cotton Association (ICA) President Tim North and ICA executive director Bill Kingdon recently visited Brazil to visit regional producers,…
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Fashion
Saudi Arabia to set up 59 logistics zones by 2030, boost port capacity
Saudi Arabia recently announced plans to establish 59 logistics zones by 2030 and increase port capacity to more than 40…
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Fashion
BGMEA becomes ‘in association partner’ of 7th BIGTEX 2023
BGMEA has signed an agreement with Redcarpet Global Ltd to become an “associate partner” of 7lame pants BIGTEX 2023 (Bangladesh…
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Fashion
SCZone inks contracts for China-Egypt TEDA Cooperation Zone projects
China’s state-owned TEDA Investment and the Suez Canal Economic Zone (SCZone) recently signed contracts worth $60 million for multiple projects…
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Fashion
India’s textile & apparel exports drop 15.26% to $8.4 bn in Apr-Jun
India’s textile and apparel exports continued to decline throughout June 2023 and the first quarter (Q1) of fiscal 2023-24. Total…
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