Textile import and export news
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Fashion
US likely to be in recession in Q3 2023-Q1 2024: The Conference Board
The Conference Board’s leading economic index (LEI) for the United States fell 0.7% in June this year to 106.1, after…
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Fashion
China’s H1 2023 fiscal revenue up 13.3% YoY
In the first half of 2023, China saw a 13.3% year-on-year (YoY) increase in financial revenue, according to recently released…
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Fashion
Switzerland’s SGS posts total revenue of CHF 3.3 bn in H1 FY23
Leading Swiss testing, inspection and certification (TIC) company SGS Group reported total revenue of CHF 3.3 billion ($3.81 billion) for…
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Fashion
US FDI rises by $212.2 bn to $6.58 trillion in 2022 over 2021 figure
U.S. direct investment abroad, or cumulative investment, increased by $212.2 billion to $6.58 trillion at the end of last year…
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Fashion
TN spinners restart production of cotton yarn after govt assurance
Tamil Nadu’s small and medium-sized spinning mills (MSMEs) have resumed production and sales of cotton yarn after almost a week…
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Fashion
Bedding dominates Australian home textiles imports in Jan-May ’23
Australia’s imports of home textile products totaled $630,445 million in the first five months of the current year 2023. Bedding…
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Fashion
UK trade digitalisation act to add £1.14 bn to economy in 10 years
A new British law allowing shipping containers to be transacted using digital documents instead of paper documents has been created…
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Fashion
Indonesia, UK hold 2nd JETCO meeting to boost bilateral trade
Indonesia and the UK yesterday hosted the second meeting of the Joint Economic and Trade Committee (JETCO) to boost bilateral…
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Fashion
Global economic growth forecast at 3% in 2024: Standard Chartered
The global economy is expected to continue to decelerate in the coming months, with the 2023 global growth forecast unchanged…
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Fashion
Japan cuts growth FY23 forecast to 1.3%, expects 1.2% growth for FY24
Japan recently cut its economic growth forecast for fiscal year 2022-2023 by 0.2 percentage points to 1.3% in inflation-adjusted real…
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