Australian Retail Turnover Rises 0.3% in January 2025

Australian retail turnover grew by 0.3 per cent in January 2025, based on seasonally adjusted figures from the Australian Bureau of Statistics (ABS), hinting...

Sritex Shuts: 11,000 Workers Lose Jobs in Indonesia

PT Sri Rejeki Isman Tbk (Sritex), one of Indonesia's largest textile and garment manufacturers, is facing significant financial struggles, leading to massive layoffs and...

Eroglu Launches $120M Garment Factory in SCZONE, Egypt

The Suez Canal Economic Zone (SCZONE) has successfully completed the first phase of the $120 million Eroglu Knitting Project, which will establish a fully...

3M Supports Freeride World Tour with Innovative Gear

The Freeride World Tour (FWT) Qualifier event, held in Hemu, China, brought together skilled athletes to tackle the rugged terrain of the Altai Mountains....

Shein Offers Perks to Manufacturers to Move to Vietnam

Fast fashion giant Shein is offering temporary incentives to its Chinese manufacturers to relocate part of their production to Vietnam, as a response to...

Overstocking in Textile Industry: Causes & Solutions

The global textile industry is one of the largest contributors to the world economy, valued at over a trillion dollars annually. It encompasses a...

India Eyes US Market Gains as Tariffs Raise China Costs

India is set to benefit in the US market following the Trump administration's decision to raise tariffs on Chinese imports by 10%. While a...

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