Tag: news
News
BTMA Seeks Withdrawal of Cotton Import Tax in Bangladesh
The Bangladesh Textile Mills Association (BTMA) has called on the Bangladesh government to reconsider the recently implemented 2% Advance Income Tax (AIT) imposed on...
Fashion
EU Establishes Textile Working Group for Sustainability
The European Union has established a new working group focused on promoting sustainability within the textile and fashion sectors. This initiative aims to address...
Apparel
France Fines Shein €40 Million for Misleading Prices
France has imposed a substantial €40 million fine on fast-fashion retailer Shein following a year-long investigation that revealed the company engaged in "deceptive commercial...
News
NCC Supports One Big Beautiful Bill Passed by US Senate
The US Senate has successfully passed the extensive ‘One Big Beautiful Bill’ Act, with Vice President JD Vance casting the crucial tie-breaking vote. This...
News
India Reviews Anti-Dumping Duty on Jute Imports
India has launched a mid-term review of the anti-dumping duty (ADD) currently applied to jute products imported from Bangladesh and Nepal. This action comes...
News
One Big Beautiful Bill: Cotton Amendment Gains Support
The US retail and cotton industries are rallying behind an amendment aimed at protecting the cotton sector in the Senate's upcoming One Big Beautiful...
Apparel
US-Vietnam Trade Deal Sparks Concern for Apparel Sector
In a recent announcement, President Donald Trump unveiled a new trade agreement with Vietnam, imposing a 20% tariff on imports from the Southeast Asian...
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