Tag: apparel

US and Bangladesh Agree Zero Tariff Trade Deal for Textiles

The United States and Bangladesh have signed a new US-Bangladesh trade agreementย that creates a structured route toย zero reciprocal tariffsย on defined quantities of Bangladeshi textile...

January US Retail Sales Jump 9.39% as Apparel Tops Growth

January brought another uptick inย US retail sales, and apparel stood out as the fastest-growing segment, according to new figures from the CNBC/NRF Retail Monitor. Clothing...

US NCTO Backs Last Sale Valuation Act to End First Sale Rule

The National Council of Textile Organizations (NCTO) has thrown its weight behind theย Last Sale Valuation Act, urging lawmakers to change a customs practice it...

Euratex Urges EU Leaders to Act on Textile Industry Crisis

EURATEX, the leading body representing Europeโ€™s textile and fashion sector, has added its voice to the Antwerp Declaration Communityโ€™s appeal for urgent political action....

SMART Welcomes USโ€“El Salvador Used Clothing Trade Deal

The Secondary Materials and Recycled Textiles Association (SMART) has expressed strong support for a newly confirmed trade framework that reinforces preferential access for American...

Under Armour Q3 Loss Widens as Tariffs Hit Revenue

Under Armour delivered weaker third-quarter results as slowing consumer demand and rising trade-related costs continued to weigh on its business. The company reported a...

Europe to Ban Textile Waste Under New Sustainable Rules

Every year, a significant volume of unused clothing across Europe is destroyed before reaching consumers. Industry estimates indicate that between 4% and 9% of...

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