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economic slowdown
2017-06-20 10:00:00
US textile makers look for a revival through technology advances
U.S. textile and fiber makers see their business finally turning around with shipments of textiles and apparel increasing to $74.4 billion last year, an 11% increase since 2009, when the industry
2016-08-10 16:00:00
Indian woollen industry to expand its market
Indian woollen industry facing decline in exports to the USA and Europe since the last financial year due to warmer winters and economic slowdown have decided to shift their focus to markets such as
2016-01-21 16:00:00
India’s garment export to miss its target of $18.73 bn for current fiscal
India’s apparel exports may just about cross $17 billion in 2015-16, just over 90 percent of its garement export target in the current fiscal compared with the target of $18.73 billion for the
2015-10-16 16:00:00
Chinese cotton import demand reached an all-time low in Sept
Chinese cotton imports demand has just reached 50,900 tonnes an all-time low in September, a decline of 59% year-on-year as large domestic inventories reduced reliance on foreign supplies, at a time
2015-06-11 15:00:00
Indonesian textile makers in trouble over rising production costs and low sales
With an economic slowdown pressing people’s purchasing power, Indonesian textile producers are facing weak sales and rising production costs. They have urged the government to take swift
2023-08-30 17:08:21
DyStar makes strides towards ESG goals despite industry challenges
DyStar, a company based in Singapore that specializes in making special chemicals for coloring, is steadily progressing towards its goals for environmental, social, and corporate governance (ESG) by
2018-02-12 12:00:00
Bangladesh apparel products losing its export market share in US
Bangladesh’s apparel export market is losing its share in US markets due to price competitiveness and lack of product diversification, according to the US Department of Commerce’s
2017-06-05 12:00:00
India gradually becoming a manufacturing hub for textile machinery
The Union Government has been focusing on development of machinery for weaving and processing sector. It has supported loom development projects on public-private partnership mode and also cleared a
2016-08-05 11:00:00
India’s handloom export plunge to Rs1,500cr, 30% decline in FY2015-16
The handloom export of India was worth Rs2,240 crore a year ago which has come down to Rs1,500 crore in the fiscal 2015-16, states the annual report of the textile ministry. This is just 65% of the
2016-07-14 17:00:00
Indonesian textile industry likely to remain under pressure this year
The textile industry, one of the oldest industries in Indonesia, is a key industry within Southeast Asia's largest economy as it - being labor intensive - creates employment opportunities for
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