News - Textile Insights - Page 6

February 19, 2026

Cotton

Global Cotton Output Will Be Lower In 2025–26 As Consumption Stabilises, Says USDA

Textile Insights February 10, 2026

Global cotton production for the 2025–26 marketing year is projected at 119.4 million bales, down nearly 400,000 bales from earlier expectations, according to the US Department of Agriculture (USDA) Foreign Agricultural Service (FAS) in its January 2026 World Markets and Trade report. Lower

Trade & Market

US Cuts Bangladesh Tariffs To 19%, Offers Duty-Free Access For Select Garments

Textile Insights February 10, 2026

Bangladesh has secured a reduction in US tariffs on its exports to 19 percent under a new bilateral trade agreement, down from levels of up to 37 percent initially proposed last April. The deal also creates a pathway for selected Bangladeshi garments made with US-produced materials to enter the American market duty-free. Interim Chief Adviser […]

Industry

BGMEA Seeks Urgent Govt Support As RMG Sector Faces Crisis

Textile Insights February 9, 2026

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to provide immediate financial and policy support, warning that the country’s readymade garment (RMG) sector is facing a severe crisis amid weakening global demand and rising domestic costs. The concerns were raised during an emergency meeting between BGMEA leaders and Finance

Corporates

Ambercycle Partners With BHF To Scale Circular Polyester Production

Textile Insights February 9, 2026

Ambercycle, a materials science company focused on circular textile solutions, has strengthened its strategic partnership with BHF, a global polyester manufacturer, to scale the production of specialty polyester tops made with Cycora for apparel and textile applications. The collaboration marks a significant step toward expanding the availability of circular polyester for

Sustainability

Ghana, UNIDO Plan To Establish Circular Economy & Textile Testing Centre

Textile Insights February 9, 2026

Ghana, in partnership with the United Nations Industrial Development Organization (UNIDO), is moving ahead with plans to establish a Circular Economy Innovation and Textile Testing Centre aimed at tackling textile waste while supporting industrial development. The proposed facility forms a key component of an Italy-funded UNIDO project being implemented with Ghana’s

Trade & Market

Australian Apparel Trade Stabilises After Mid-Year Dip

Textile Insights February 9, 2026

Australia’s textile and apparel sector has shown resilience in recent months, with trade flows stabilising despite a marginal decline in apparel imports between July and October 2025. The recovery in October, ahead of the summer festive shopping season, indicates renewed activity across the retail and manufacturing supply chain. Apparel imports, which softened in the early

Trade & Market

FITA, ABIT, AICP & EURATEX Back Mercosur–EU Integration Efforts

Textile Insights February 9, 2026

Leading textile and apparel industry associations from South America and Europe have reiterated their support for the Mercosur–European Union Partnership Agreement, describing it as vital for strengthening competitiveness and deepening economic integration across both regions. The Argentine Textile Industry Federation (FITA), the Brazilian Textile and Apparel Industry

Industry

India–US Trade Deal To Boost Odisha Exports, Says CM Majhi

Textile Insights February 9, 2026

Odisha Chief Minister Mohan Charan Majhi has welcomed the proposed India–US trade agreement, saying it is expected to provide a significant boost to the state’s economy by expanding exports of handloom products, seafood and rare-earth minerals. In a statement posted on his official X account on February 5, Majhi highlighted the opportunities the agreement could […]

Economy

Hugo Boss Appoints Dietmar Knoess As Senior Vice President, Global HR

Textile Insights February 9, 2026

Hugo Boss has announced the appointment of Dietmar Knoess as Senior Vice President, Global Human Resources, effective February 16. He will succeed Jochen Eckhold, who has been with the company since January 2019 and is leaving to pursue new professional opportunities. Daniel Grieder, CEO of Hugo Boss, thanked Eckhold for his contributions, noting that he […]

Corporates

Cotton Inc. Appoints Bev Sylvester As Chief Marketing Officer

Textile Insights February 9, 2026

Cotton Inc. has appointed Bev Sylvester as Chief Marketing Officer, a newly created role aimed at strengthening the organisation’s marketing strategy and increasing global demand for cotton. She will oversee brand positioning, consumer engagement and global outreach initiatives to reinforce cotton’s relevance in the marketplace. Sylvester brings more than 20 years of

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