Sustainability

Organisations Partner To Boost Indian Apparels Sustainability

Textile Insights May 30, 2024

SU.RE (Sustainable Resolution) has partnered with the British Council to launch a new project aimed at transforming India’s apparel sector and will run from May to October 2024. This collaboration, which engages key SU.RE signatories with the UK’s New Landscape programme, marks a pivotal step

Industry

Nigeria Attracts $3.5bn Investment In Textile & Apparel Sector

Textile Insights May 29, 2024

Nigeria’s Minister Of Industry, Trade And Investment Doris Uzoka-Anite said the government has attracted US $3.5 billion investment to boost the textile and apparel industry. Uzoka-Anite said this while sharing the sectoral report on the government’s first year in office. She added that efforts are in place to optimise performance of the Nigerian textile and […]

Export

Vietnamese Garment Export Orders Increase In Second Quarter

Textile Insights May 29, 2024

Since the beginning of this year and especially in the second quarter, Vietnamese garment exporters are being flooded with orders resulting in few companies recruiting new workers or working overtime. Export orders at garment enterprises in Ho Chi Minh City increased sharply, with some enterprises increasing more than 20 percent over the same period last […]

Event

First Edition Of APTEXPO 2024 Taking Place In Singapore In Nov

Textile Insights May 29, 2024

The first Asia-Pacific Textile and Apparel Supply Chain Expo (APTEXPO 2024) will take place from November 13-15, 2024 at the Sands Exhibition and Convention Center in Singapore. APTEXPO 2024 is being held under the theme of ‘Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain’ and will help stakeholders develop and overcome challenges. The event […]

Export

Volume Of US Apparel Imports Rebound In First Quarter Of 2024

Textile Insights May 29, 2024

In the first quarter of 2024, volume of US apparel imports began to rebound, however value of garment imports continued to decline but varied in case of origin of imports. In the first three months of 2024, US clothing imports from Bangladesh fell 12 percent year-on-year. But while cotton clothing imports remained stable, manmade fibre […]

Export

Bangladesh Hardly Utilising Regional Export Trade Potential

Textile Insights May 29, 2024

Bangladesh is hardly utilising its regional trade potential as less than 5 percent of its total exports go to India and China, countries that are members of the Association of Southeast Asian Nations (ASEAN). “Bangladeshi exports to China and India stood at $4.05 billion in 2020, but even in 2022 Bangladesh could export only $2.64 […]

Cotton

Brazilian Cotton Exports To Surpass Those From US In 2023-24

Textile Insights May 29, 2024

Cotton exports from Brazil are expected to reach 2.8 million tons in the 2023-24 marketing season, an increase of 12 percent compared to the previous month’s forecast. “The volume, which is 300,000 tons greater than the last estimate, would place Brazil as the main global exporter of cotton, surpassing the USA,” a report from StoneX, […]

Industry

Social Partnerships In European Textiles & Clothing Industry

Textile Insights May 28, 2024

EURATEX and IndustriAll Europe have launched StitchTogether, a new Europe-wide two-year project to promote social partnerships in the European textiles and clothing Industry. Stitch Together recognises the industry’s need to adapt to global competition, eco-friendly practices, and technological advancements, while ensuring decent working conditions and quality social

Policies

Bangladeshi Apparel Export Sector Seeks Tax Breaks In Budget

Textile Insights May 28, 2024

Bangladesh’s apparel export sector is seeking tax breaks and extended policy support in the upcoming budget due to a slowdown in global demand and rising production costs. This includes a significant reduction in source tax and VAT relief on raw materials, which can help them navigate challenging economic pressures. The garment factories have requested the […]

Corporates

RSWM Honoured With Three Gold Export Awards By TEXPROCIL

Textile Insights May 28, 2024

Riju Jhunjhunwala led RSWM Ltd has won three gold awards at TEXPROCIL Awards for highest export of denim fabric (2021-22) and processed yarn (2021-22, 2022-23). RSWM Ltd’s journey to success is marked by a relentless pursuit of excellence across all aspects of its operations. Whether it is leveraging state-of-the-art machinery to implementing best industry practices, […]