Tag: news
News
$100B Textile Export Vision: India Bets Big on MSMEs
India is striving to hit $100 billion in textile exports within the next five years, with success relying heavily on the ability to support and scale...
News
Global Cotton Production Drops in 2024–25, USDA Forecasts
The United States Department of Agriculture (USDA), in its May 2025 World Supply and Demand Estimates (WASDE) report, has forecasted a decline in global cotton...
Apparel
Brazil Leather Industry Faces Labour & Human Rights Issues
A six-month study conducted in 2024 analyzed over 100 sources, including academic research, news articles, opinion pieces, and interviews with 19 key stakeholders.
The resulting...
Apparel
Shein, Temu Growth Slows; Spending Shifts to US Retailers
In April 2025, US consumer spending on ultra-discount Chinese retailers, such as Temu and Shein, experienced a sharp slowdown, according to Consumer Edge (CE),...
Apparel
India Restricts Bangladeshi Garment, Boosts Local Industry
New Delhi: The Indian government has enacted stricter import regulations, making Bangladeshi ready-made garments (RMG) more expensive to enter the Indian market. Effective immediately, these...
Fashion
Richemont Achieves €21.4B Sales Amid FY 2025 Growth
Switzerland-based luxury goods conglomerate Richemont has reported group sales of €21.4 billion (approximately $23.97 billion) for the fiscal year ending March 31, 2025, marking...
Apparel
Kenya: Second-Hand and Local Apparel Sectors Can Coexist
A recent study conducted by the Institute of Economic Affairs Kenya and the Mitumba Consortium Association of Kenya (MCAK) has revealed that Kenya’s second-hand clothing trade, popularly known...
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