China, South Korea and Japan—all dominant players in the textile and garment industry—are among the countries that have signed the Regional Comprehensive Economic Partnership (RCEP). The agreement will be the first to bring the three nations together under a single FTA platform. The year that was also saw South Korea and Vietnam stepping up trade cooperation.TheChineseeconomy—the world’s second-largest—shrank by 6.8 per cent in the first quarter of 2020 compared with a year ago. The contraction

India’s Cabinet Committee on Economic Affairs (CCEA) recently approved proposals by the department of promotion of industry and internal trade (DPIIT) for construction of various trunk infrastructure components for Krishnapatnam industrial area in Andhra Pradesh, Tumakuru industrial area in Karnataka and the multi-modal logistics hub (MMLH) and multi-modal transport hub (MMTH) at Greater Noida in Uttar Pradesh.The estimated cost for the project in Krishnapatnam industrial area is ₹2,139.44 crore

Cone Denim has launched its water-inspired Clean Water Selvedge Denim as part of Cone Denim’s Spring/Summer 2022 and announced to donate a portion of proceeds from its sale to Water.org, an international nonprofit organization which has positively transformed millions of lives around the world with access to safe water and sanitation.“Access to clean, potable water should be a basic human right and Cone is excited to introduce its newest Cone Community denim designed to help bring more awareness

2021 is almost here and adidas has some big sustainable plans for the year!The German sportswear giant has pledged that 2021 will see the retailer include sustainable materials like recycled polyester and sustainably grown cotton in over 60 per cent of the apparels and footwear that it plans to sell.The long-term goal is to use exclusively recycled polyester by 2024.In 2021, adidaswill also be looking at supporting the development of circular production models through research partnerships, whic

The Gorakhpur Chamber of Industries recently demanded setting up a garment park in the district as readymade garments have been included as the second alternative for the state’s One District One Product (ODOP) scheme. The chamber suggested Gorakhpur Industrial Development Authority (GIDA) to allocate 50 acres in Bheeti Rawat area to build a garment park.Pic: ShutterstockChamber chairman Vishnu Ajit Saria and its former chairman SK Agarwal met GIDA chief executive officer Sanjeev Rajan in this r

The COVID-19 pandemic has affected garment workers in countries like Kenya and Ethiopia, which are turning into garment manufacturing hubs in the African continent. The year that was also saw the number of nations growing genetically-modified (GM) cotton in Africa doubling since 2018, while some countries like South Africa took steps to boost domestic production.Pic: ShutterstockInKenya, more than 100 apparel manufacturers temporarily closed due to the pandemic, sending hundreds of workers home

The global export of knitted ensembles has dropped 12.65 per cent to $1,425.51 million in the year 2019 from $1,631.91 million in 2017. Total exports declined 21.16 per cent in 2019 over the previous year, according to data from TexPro. Further, the export is expected to move down to $1,320.16 million in 2022 with a rate of 7.39 per cent from 2019.The global import value of knitted ensembles was $490.95 million in 2017, which improved 4.91 per cent to $515.07 million in 2019, according to. Total

Despite a trade conflict with China, there is massive increase in USA’s textile product import from the Asian country, especially in 2020 when PPE has become a dire need for the industries.USA imported face masks worth US $ 7.41 billion during January-October ’20, which is 44.70 per cent of the country’s total value of PPE product import in the period.Markedly, China contributed US $ 6.27 billion in the face mask import value of the USA, which accounts for a staggering84.60 per cent share.In ter

The latest episode of "Preferred Fabric from Textile City -- Live Stream Series of Suppliers"is going to be carried out from 10:00-11:00a.m. on December 31st, 2020.At that time,Xinliang Textile will show you knitted roma fabric and woven fabric. BiaochiTradewill show youlurex fabric and knitted jacquard fabric.

Pakistan’s Federal Board of Revenue (FBR) recently withdrew 5 per cent regulatory duty on the import of cotton yarn. It amended the earlier notification dated June 28, 2019, to withdraw the regulatory duty till June 30 next year. The Economic Coordination Committee (ECC) of the cabinet in a meeting held on December 2 had approved the decision.Pic: ShutterstockThe ministry of commerce had presented a proposal before the ECC in this regard, according to Pakistani media reports.Source:Fibre2Fashion