India to benefit from the imposition of US duties on Chinese imports

Related Keywords: China, cotton, export, home-textile, India, retail, Textile, trade, US

India
India to benefit from the imposition of US duties on Chinese imports
Summary: 
The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued. Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels

The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued.

Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels and sheets.

0

US profits hurt by cheap foreign polyester

Related Keywords: America, China, Imports, India, market, polyester, purchasing, Recycle, Repreve, Textiles, Unifi, US, yarn

United States
US profits hurt by cheap foreign polyester
Summary: 
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency

A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.

Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency translation impacts, that was up 7.6% over the prior year, according to a press release.

0

Hush's sales up by 35 percent

Related Keywords: cloathing, fashion, Garments, Hush, Missguided, oversupply, PrettyLittleThing, Sales, sustainability, technology, UK, US, women

United Kingdom
Hush's sales up by 35 percent
Summary: 
PrettyLittleThing and Missguided have hit the big time selling £5 dresses and £1 bikinis to the youth market but another online British brand, Hush, is expanding rapidly in a backlash against fast fashion. Sales at London-based Hush, which is run by a husband and wife team, jumped 35% last year to more than £40m as its jumpsuits and dresses found an audience among

PrettyLittleThing and Missguided have hit the big time selling £5 dresses and £1 bikinis to the youth market but another online British brand, Hush, is expanding rapidly in a backlash against fast fashion.

Sales at London-based Hush, which is run by a husband and wife team, jumped 35% last year to more than £40m as its jumpsuits and dresses found an audience among women aged 35 to 45 who, it says, “like fashion but are not a slave to it”.

0

DOMO Chemicals to acquire Solvay's business in Europe

Related Keywords: BASF, DOMO, Europr, France, nylon, nylon 66, Poland, polyamides, polymer, raw material, Recycle, Spain, supply, US

Belgium
DOMO Chemicals to acquire Solvay's business in Europe
Summary: 
DOMO Chemicals and Solvay have signed today an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. The agreement also involves a joint venture between BASF and DOMO in France

DOMO Chemicals and Solvay have signed today an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. The agreement also involves a joint venture between BASF and DOMO in France for the production of Adipic Acid. The Business comprises Production, Sales, Technical Support, R&D and Innovation services which currently have a combined headcount of approximately 1100 employees.

0

US startup claims to make activewear from CBD

Related Keywords: activewear, brand, cannabidiol, Cannabis, CBD, fibres, microcapsules, startup, US

United States
US startup claims to make activewear from CBD
Summary: 
A US-based start-up claims it is the first brand to offer activewear infused with CBD (cannabidiol), an active ingredient in cannabis derived from the hemp plant. Acabada CEO and co-founder Seth Baum says CBD can have a positive effect on pain and inflammation. He said: "While typical CBD products such as tinctures and edibles are growing exponentially in popularity, we began to envision a product that addressed

A US-based start-up claims it is the first brand to offer activewear infused with CBD (cannabidiol), an active ingredient in cannabis derived from the hemp plant.

Acabada CEO and co-founder Seth Baum says CBD can have a positive effect on pain and inflammation.

He said: "While typical CBD products such as tinctures and edibles are growing exponentially in popularity, we began to envision a product that addressed health and wellness through a different lens."

0

AAFA to delay the tariff imposition

Related Keywords: AAFA, America, American Apparel and Footwear Association, China, footware apparel, Imports, tariff, US

United States
AAFA to delay the tariff imposition
Summary: 
The American Apparel and Footwear Association (AAFA) has said the US government’s decision to delay until December 15 the imposition of 10% tariffs on some imports from China will be of little help to its member companies or to US consumers. In its announcements about this, the government claimed to have removed some products from the tariff list altogether for reasons including national security, but also including health and safety. Nevertheless, AAFA pointed out, products such

The American Apparel and Footwear Association (AAFA) has said the US government’s decision to delay until December 15 the imposition of 10% tariffs on some imports from China will be of little help to its member companies or to US consumers.

In its announcements about this, the government claimed to have removed some products from the tariff list altogether for reasons including national security, but also including health and safety. Nevertheless, AAFA pointed out, products such as allergy-resistant bedding and protective footwear remain on the list.

0

Puma preparing for tariff disruption

Related Keywords: Bangladesh, brand, China, consumers, Germany, import, price, Puma, sportswear, US, Vietnam

Germany
Puma preparing for tariff disruption
Summary: 
Sportswear brand Puma has warned that an increase in the price of its products is inevitable should proposed tariffs on more China-made products imported into the US come into effect. Chief executive Bjorn Gulden has said the brand is already taking action in response to the situation. This has included moving some of its production from China to other countries like Vietnam, Bangladesh

Sportswear brand Puma has warned that an increase in the price of its products is inevitable should proposed tariffs on more China-made products imported into the US come into effect.

Chief executive Bjorn Gulden has said the brand is already taking action in response to the situation. This has included moving some of its production from China to other countries like Vietnam, Bangladesh and Cambodia.

0

Is US missing the sourcing opportunity in Portugal

Related Keywords: apparel, environment, flexibility, manufacturing, Portugal, sourcing, sustainability, trade, United States, US

United States
Is US missing the sourcing opportunity in Portugal
Summary: 
While far from the top 10 list of textile and apparel suppliers to the U.S., Portugal is offering the supply chain something it desperately needs: flexibility. At Texworld USA in New York City Monday, exhibitors in the Portugal Pavilion took an opportunity to bring their competitive offerings to light at a time when sourcing has been upset over changing trade relations, and companies are looking for new places to manufacture product. Last year, Portugal shipped $474 million worth of textiles

While far from the top 10 list of textile and apparel suppliers to the U.S., Portugal is offering the supply chain something it desperately needs: flexibility.

At Texworld USA in New York City Monday, exhibitors in the Portugal Pavilion took an opportunity to bring their competitive offerings to light at a time when sourcing has been upset over changing trade relations, and companies are looking for new places to manufacture product.

0

Wrangler to use 100% sustainable cotton by 2025

Related Keywords: America, cotton, farmers, innovaters, research, scientists, sustainable, sustainably, US, Wrangler

United States
Wrangler to use 100% sustainable cotton by 2025
Summary: 
Global jeans brand Wrangler has started its new The Wrangler Rooted Collection, a limited edition premium jeans capsule meant to support US sustainably grown cotton in five Southern states. Each piece–the Alabama Jean, the Georgia Jean, the North Carolina Jean, the Tennessee Jean and the Texas Jean–uses fabrics made with cotton grown, milled, then cut and sewn in the United States

Global jeans brand Wrangler has started its new The Wrangler Rooted Collection, a limited edition premium jeans capsule meant to support US sustainably grown cotton in five Southern states. Each piece–the Alabama Jean, the Georgia Jean, the North Carolina Jean, the Tennessee Jean and the Texas Jean–uses fabrics made with cotton grown, milled, then cut and sewn in the United States and treated with a unique wash, as well as trim and patch details featuring the state’s silhouette and other embellishments.

0

$45bn target for FY18 to be might be missed by textile exports

Related Keywords: according to textile industry body CITI, Canada and Britain can equalize market access positions with key competitors like Bangladesh and Vietnam, CITI (Confederation of Indian Textile Industry) President Sanjay Jain noted that signing free trade pacts with major markets like the European Union, observing that a worrying factor is the backdoor entry of Chinese fabrics into the Indian market via Bangladesh, textile and garment exports are likely to miss the USD 45 billion target for 2017-18, US

New Delhi
Summary: 
The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under Asia pacific Trade Agreement (APTA), while duty free access is given to Vietnam.This has led to large capacity expansion in yarn manufacturing in Vietnam, which has surpassed India to become the largest supplier of cotton yarn to China.As a result, Indias cotton yarn exports to China have decreased by 49 per cent during 2013-14 and 2016-17, while Vietnams exports of cotton yarn to China have increased by 88 per cent during the same period.

The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under Asia pacific Trade Agreement (APTA), while duty free access is given to Vietnam.This has led to large capacity expansion in yarn manufacturing in Vietnam, which has surpassed India to become the largest supplier of cotton yarn to China.As a result, Indias cotton yarn exports to China have decreased by 49 per cent during 2013-14 and 2016-17, while Vietnams exports of cotton yarn to China have increased by 88 per cent during the same period.

https://www.indiatoday.in/pti-feed/story/textile-exports-likely-to-miss-45bn-target-for-fy18-1202279-2018-04-01
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Egypt wants to be a textile hub  
  19 Sep , 2019 Read full story  
Advance textiles recycling in Finland  
  19 Sep , 2019 Read full story  
Schoeller introduces ProEarth biodegradable polyester  
  19 Sep , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button