Tag: apparel

Egypt Aims to Achieve $12 Billion in Garment Exports by 2031

Cairo – In a recent initiative to enhance Egypt’s position in global trade, Abdel Aziz Elsherif, head of the Egyptian Commercial Service (ECS), convened...

US’ Guess to Go Private in $1.4 Billion Deal with Authentic

On August 20, 2025, Guess Inc. (GES.N) announced its agreement to be taken private in a deal valued at $1.4 billion, which includes debt....

US Tariffs Threaten EU Textiles with Asian Competition

The intensification of the trade conflict between the United States and China may result in a surge of Chinese goods entering the European market,...

Shein Sales in UK Surge to £2.8B as De Minimis Faces Change

The potential abolition of the de minimis threshold in the UK has raised concerns about the repercussions on Shein's considerable market presence, according to...

Trump Tariffs Adversely Affecting US Textile Industry

In a trade environment impacted by the previous administration’s tariff strategies, the U.S. textile industry is experiencing significant repercussions, according to industry leaders. President...

50% Tariff to Hit India’s Home Textile & RMG Sectors: Crisil

The recent U.S. decision to impose a 25% tariff on imports from India is projected to have a substantial impact on earnings across sectors...

Tariff Reduction to 20% a Win for Bangladesh Garment Sector

In a significant move poised to provide considerable relief to Bangladesh's export-driven garment sector, U.S. President Donald Trump has announced a major decrease in...

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