Tag: news

Bangladesh Faces 35% US Tariff on Garments: BGMEA Warns

Bangladesh's garment industry is bracing for a potentially catastrophic impact following the announcement of a 35% tariff by the United States on its exports....

Cotton Trade in Focus Amid Tariff Talks Between India & US

India is on the brink of a crucial agreement with the United States regarding tariffs, particularly affecting the cotton trade. As of July 7,...

H&M and Other Stories Introduces Seaweed Fiber Collection

H&M's fashion label & Other Stories has formed an exciting alliance with Keel Labs, a pioneer in materials science, to further its mission of...

Major Acquisition: Big 5 Sporting Goods Sold for $112.7M

Worldwide Golf and Capitol Hill Group have joined forces to acquire Big 5 Sporting Goods in a significant deal valued at $112.7 million, marking...

EU Textile Sector Seeks Support from Danish Presidency

Industry leaders are calling on the Danish presidency of the European Union to take decisive action to restore stability within the EU textile sector....

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...

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...

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