Tag: news

Indonesia’s Textile and Garment Sector Posts $4.85 Billion in Exports in H1 2026 Amid Rising Investment and Industrial Growth

Indonesia's textile and garment sector has demonstrated solid momentum in the first half of 2026, recording exports worth $4.85 billion while continuing to support...

Shein Eyes $25 Billion Hong Kong IPO Amid Slowing Growth and Rising Pressure

Shein, the global fast fashion e-commerce giant, is heading toward a Hong Kong IPO with an expected valuation of approximately $25 billion — a...

Amer Sports Posts 339% Operating Profit Surge in Q2 on Salomon and Arc’teryx Momentum

Amer Sports, the parent company behind globally recognized brands Arc'teryx and Salomon, has reported a striking 339% increase in operating profit to $192 million...

Bangladesh RMG Faces EU-US Shift Toward MMF Export Growth

Bangladesh’s readymade garment (RMG) industry is approaching a critical transition as the preferences of its key Western markets evolve beyond traditional cotton-based apparel. For...

Hundreds Locked Out at Misr El Amria Amid Egypt Textile Industry Strike

Management at Misr El Amria Spinning and Weaving Company, a major entity in the nation's textile sector, initiated a lockout of hundreds of employees...

Vietnam and UK Explore Commodity Derivatives to Support Trade

Vietnam and the United Kingdom (UK) are looking to deepen financial cooperation by developing commodity derivatives and other risk-management tools that could help exporters...

European Textile Sector Adapts to Market Contraction and Digital Shifts

The European textile and clothing industry remains a fundamental economic pillar, generating 166 billion euros in annual turnover according to the Euratex Facts &...

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