Tag: news

US Footwear Industry Seek Relief from High Tariff Rates

As negotiations for reciprocal trade agreements advance, leaders in the footwear industry, represented by the Footwear Distributors and Retailers of America (FDRA), are urging...

Survey Exposes Weaknesses in US & UK Fashion Supply Chains

A recent survey involving 250 senior retail executives from the US and UK has uncovered significant shortcomings in the fashion supply chain, particularly in...

CAI Raises India’s Cotton Production Estimate for 2025

India's cotton production forecast has undergone a significant upward revision, now projected at 311.40 lakh bales of 170 kg each, according to the latest...

Bangladesh RMG Sector Reports 8.84% Export Growth to $39.35B

The latest data from the Export Promotion Bureau (EPB) indicates that Bangladesh's Ready-Made Garment (RMG) sector is experiencing a positive trajectory, achieving exports valued...

EU Textile & Fashion Sector Threatened by US 30% Tariff Hike

The decision to implement a 30% tariff on European Union (EU) exports by President Trump has sparked significant alarm within the textile and fashion...

Levi Strauss Boosts Revenue Forecast After Strong Q2 Results

Levi Strauss & Co., the iconic US-based clothing retailer, announced impressive financial results for the second quarter (Q2) of 2025, reporting net revenues of...

Sri Lanka Apparel Industry Faces 30% US Tariff Challenges

Sri Lanka's apparel industry is bracing for significant challenges as it prepares for the implementation of new tariffs that could impact the cost structure...

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