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Cotton

DG Okonjo-Iweala Urges Enhanced Collaboration to Boost Africa’s Cotton Trade

June 27, 2024

At the 9th Global Review of Aid for Trade on June 26, Director-General Ngozi Okonjo-Iweala highlighted the progress of the WTO-FIFA-led “Partenariat pour le Coton,” an initiative aimed at advancing African countries in the cotton value chain. She emphasized the need for increased collaboration

Export

Bangladesh’s Apparel Exports To EU Rise 2%, US And Germany See Declines

June 27, 2024

Bangladesh’s apparel exports to the European Union (EU) saw a modest increase of 2% year-on-year, reaching $21.64 billion in the July-May period of the fiscal year 2023-24, according to data from the Export Promotion Bureau (EPB) compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Despite this overall growth, the country’s

Policies

Kyrgyzstan Approves FTA With EAEU And Iran, Slashing Import Duties

June 27, 2024

The Parliament of Kyrgyzstan has approved the draft of the Federal Law on the Ratification of the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Iran during its third reading, Trend reports via the parliament. The agreement, signed on December 25, 2023, in St. Petersburg, Russia, covers a broad range of topics, including […]

Cotton

Enhancing Cotton Supply Chain: New Collaboration with Abrapa and ANEA

June 27, 2024

In their ongoing pursuit of excellence in production processes, the company has taken another significant step forward in the cotton supply chain. Last week, they welcomed representatives from Abrapa (Associação Brasileira dos Produtores de Algodão) and ANEA (Associação Nacional dos Exportadores de Algodão) to Santos, a city responsible for 98.6% of international cotton

Cotton

OCA Launches in Türkiye to Boost Organic Cotton Production

June 27, 2024

The Organic Cotton Accelerator (OCA) proudly announces its launch in Türkiye, uniting players across the organic cotton value chain. OCA will support local organic cotton farmers and those interested in transitioning, scaling the global supply of organic cotton. To highlight the launch, OCA is hosting a stakeholder event in Istanbul this week. As the only […]

Apparel, Fashion, Retail

Raymond To Expand Ethnix Brand With 100+ New Stores By 2025

June 26, 2024

Raymond has announced plans to expand its Ethnix brand by adding over 100 new stores by fiscal 2025. Ethnix, which focuses on ethnic wear for celebrations, currently operates 114 stores. This expansion initiative aims to bolster the brand’s footprint and revenue within India’s ethnic wear segment, which has already made a significant contribution to

Cotton

TASMA Urges CCI to Maintain Cotton Supplies

June 26, 2024

The Tamil Nadu Spinning Mills Association (TASMA) has appealed to the Cotton Corporation of India (CCI) not to divert unsold cotton stocks to traders. In a letter reported by The Hindu, TASMA President AP Appukutti emphasized the resurgence of spinning mills due to increased garment orders and expressed confidence in procuring CCI’s cotton by August’s […]

Policies

Indonesia Imposes Import, Anti-Dumping Duties on Textiles Amid Industry Downturn

June 26, 2024

President Joko Widodo’s government has decided to impose safeguard import duties and anti-dumping measures on textiles, responding to severe challenges in the domestic industry. This move comes after reports of numerous closures of textile companies, resulting in approximately 150,000 job losses. Trade Minister Zulkifli Hasan announced the decision following a

Cotton

COCPC Meeting Highlights Increased Cotton Consumption And Enhanced Traceability

June 26, 2024

The third meeting of the Committee on Cotton Production and Consumption (COCPC) for the 2023-24 cotton season was held on June 24, 2024, under the chairpersonship of Textile Commissioner Roop Rashi. The meeting included representatives from the Central and State Governments, the textile industry, the cotton trade, and the ginning and pressing sectors. The committee […]

Policies

PLI Scheme Expanded to Boost Garment Sector, Announces Union Minister

June 26, 2024

Union Textiles Minister Giriraj Singh announced the expansion of the Rs 10,000 crore Production Linked Incentive (PLI) scheme to the garment sector, aiming to boost domestic manufacturing and exports. This announcement was made during his inaugural address at the India International Garment Fair (IIGF) at the Yashobhoomi Convention Centre. Singh emphasized the

DG Okonjo-Iweala Urges Enhanced Collaboration to Boost Africa’s Cotton Trade

Bangladesh’s Apparel Exports To EU Rise 2%, US And Germany See Declines

Kyrgyzstan Approves FTA With EAEU And Iran, Slashing Import Duties

Enhancing Cotton Supply Chain: New Collaboration with Abrapa and ANEA

OCA Launches in Türkiye to Boost Organic Cotton Production

Raymond To Expand Ethnix Brand With 100+ New Stores By 2025

TASMA Urges CCI to Maintain Cotton Supplies

Indonesia Imposes Import, Anti-Dumping Duties on Textiles Amid Industry Downturn

COCPC Meeting Highlights Increased Cotton Consumption And Enhanced Traceability

PLI Scheme Expanded to Boost Garment Sector, Announces Union Minister

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