British consumers and businesses are set to benefit from new trade measures under an upgraded Developing Countries Trading Scheme (DCTS), aimed at lowering prices on everyday goods and supporting jobs and growth in developing nations. Announced on July 10th, the reforms will simplify imports
India is poised to benefit from shifting trade dynamics as key Asian apparel exporters such as Bangladesh, Cambodia, and Indonesia face higher tariffs on exports to the United States, according to a recent report by the State Bank of India (SBI). The report suggests that India, currently holding a 6% share of the US apparel […]
Bangladesh will enter the third and final round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more favorable tariff structure before the new 35% tariff on Bangladeshi imports takes effect on August 1, Commerce Adviser Sk Bashir Uddin announced Tuesday. Speaking at a press conference in Dhaka, Bashir […]
Vietnam’s textile and garment sector posted strong growth in the first half of 2025, with exports reaching nearly US$ 22 billion, marking a 10% increase compared to the same period last year, according to a report by state-run Nhan Dan. Despite global economic uncertainties, Vietnamese manufacturers have accelerated production to meet tight delivery timelines and […]
Union Minister of Textiles Giriraj Singh kicked off his official visit to Japan with a series of high-level meetings aimed at deepening collaboration between the two countries in the textile and apparel sector. The Minister began his visit by paying floral tribute at the statue of Mahatma Gandhi in Tokyo, highlighting the enduring global relevance […]
Mish Designs Limited, one of India’s fastest-growing women’s western wear brands has announced the opening of its first-ever flagship store at Seasons Mall, Pune, marking a significant milestone in its journey from a digital-first brand to an omnichannel fashion powerhouse. After captivating a loyal online following with trend-driven collections and a strong digital
Girnar Spintex Industries has received board approval for a comprehensive plan to expand and modernize its existing composite textile facility. The initiative aims to boost production efficiency, integrate advanced technologies, and align operations with future business needs. The company announced that the expansion and modernization will be carried out in a phased
VIP Industries Limited has announced that its promoters, Dilip Piramal and family, have entered into a definitive agreement to sell up to a 32% stake in the company to the Multiples Consortium. The deal will trigger an open offer as per SEBI Takeover Regulations and will result in a change of control at VIP Industries. […]
U.S. container imports are expected to rise in July after a sharp decline in late spring, but new tariffs set to take effect in August could trigger another downturn, according to the Global Port Tracker report by the National Retail Federation (NRF) and Hackett Associates. Imports at major U.S. ports reached 1.95 million TEU (twenty-foot […]
The International Textile Manufacturers Federation (ITMF) has released its 2023 edition of the International Cost Comparison Report, offering deep insights into global textile production costs and, for the first time, a detailed analysis of the carbon footprint associated with each textile product across the entire value chain. Developed with input from industry





















