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  • The outbreak of coronavirus, which spread from China to over a dozen countries, is likely to pose a major threat to the overall apparel supply chain. However, the Cotton Association of India (CAI), the apex trade body, said that it will not create any threat to India’s cotton exports as India’s rates are competitive in the international market and the exports can be diverted from China to other markets.The apex trade body said there are no specific concerns. “On the export front, we are doing go
  • andrecently announced the formation of NaviColor, a dedicated marketing channel to service the unique needs of select customers in the United States textiles and apparel industry, says a press release.NaviColor is a business specifically designed to meet the needs of select Huntsman Textile Effects customers and to further expand the growing customer base. NaviColor features a dedicated team of professionals in a highly advanced technological environment to support customers utilizing Huntsman’s
  • Amid negative growth in woven products export earnings, Bangladesh’s export shipment of knitwear goods posted a 1.20% growth to $16.44 billion in the last year.Talking to Textile Today, trade analysts and sector peoplehave given credit tothe strong backward linkage industry of the knitwear sectorfor the growth.According to the Export Promotion Bureau(EPB)data,Bangladesh earned $16.44 billion from knitwear export in 2019, which was $16.24 billion in the previous year.On the otherhand, export earn
  • The evidence of climate change, dead whales with thousands of plastic materials inside them, seabirds eating plastic, etc. give us goosebumps. These dreadful effects have led us to justify our works and have given the room to rethink about what we have done and what we will do in the future. Hence, sustainability has become the new focal point for the consumers as well as the clothing brands which is guiding both parties to a brighter future.Figure 1:Sustainability has become the new focal point
  • Industrialists were thinking that the continuous negative growth of apparel exports would change the global position of the Bangladesh apparel industry at the end of the year 2019. However, still, Bangladesh is ahead of Vietnam in apparel exports to the global market.Figure 1:Vietnam is going to attain Bangladesh’s position as the world’s second-largest apparel supplier by concentrating on product diversification.According to the General Department of Vietnam Customs, Vietnam earned $32.64 billi
  • Bangladesh Garment Manufacturers and Exporters Association () has urged the National Board of Revenue (NBR) to permit readymade garment (RMG) exporters to sell a duty-free portion of their export products to global brands’ outlets in Bangladesh.Figure:Some foreign brands with outlets in Bangladesh have to pay up to 130% customs duties on many of the garments and shoes they import, even the ones that are made in Bangladesh.On January 11, Dr. Rubana Huq, President, BGMEA sent a letter to the NBR l
  • The December 2019 edition ofheld in London indicated that the denim industry has made a major foray into sustainability, according to a report in issue 201 of Textile Outlook International published by global business information company Textiles Intelligence.was a ‘most wanted’ consumer product category in 2019.The December 2019 edition of Denim PV was marketed as ‘the responsible denim fashion event’.The major theme at Denim PV was environmental sustainability and exhibitors there represented
  • Sweden based fashion brandGroup posted a jump of 11 per cent in net sales to SEK 232,755 million in FY19, that ended on November 30, 2019. Group's net sales for the fourth quarter (Q4) increased 9 per cent to SEK 61,694 million. For the full year, online sales escalated 24 per cent and new business sales improved 17 per cent.Sales development for Q4 compared with the previous year was reportedly affected by the fact that Black Friday in 2019 fell a week later, i.e. just before the end of Nov
  • The World Health Organization announced on Friday that the novel coronavirus outbreak has become a public health emergency of international concern.However, that should not be taken as a vote of no confidence in China's efforts to curb the spread of the virus, in which the WHO said it has faith. Rather it conveys the organization's concern about the virus spreading to "countries with weaker health systems", as WHO chief Tedros Adhanom Ghebreyesus said.The announcement came as c
  • The National Cotton Council (NCC) has announced that the Phase 1 trade deal with China, recently signed by President Donald Trump, could provide a much-needed boost to US cotton exports. The Phase 1 agreement includes a chapter on agriculture with Chinese purchases of US products intended to reach at least $40 billion per year starting in 2020.Pic: ShutterstockHowever, the overall impact for cotton remains uncertain as commodity-specific details have not been released, according to a press relea
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