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2020-04-15 07:22:05
Polyester prices nosedive to multi-year lows across the world
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant. Further, the global economic scenario affected the demand for PSF.
2020-03-27 10:21:53
Nike sales top expectations despite coronavirus
Nike Inc. topped Wall Street’s expectations for third-quarter earnings and revenue, despite the coronavirus pandemic that roiled China right as Lunar New Year kicked off. In a Nutshell:
2020-03-06 08:04:40
First Wiping Robot Successfully Commissioned In India
Following its installation at several major yarn manufacturers in China, the first Oerlikon Barmag wiping robot has now been operating in India since the end of 2019. “As already the case with
2020-02-21 08:29:56
Egyptian cotton exports fall to 114.300 metric kantars
Egypt’s total cotton exports decreased to 114.300 metric kantars from September to November 2019, compared to 186.1 thousand kantars in the same period last season, falling 38.6 percent due to
2020-02-19 09:52:45
Women’s apparel prices dip in January post sourcing shifts
In what is normally a big month for clearance sales, retail apparel prices rose a seasonally adjusted 0.7 percent in January compared to December, which is also typically highly promotional, the U.S.
2019-08-15 18:00:00
Critical approach to fashion industry
In a long-ago era before the world worried about climate change, social justice, ecology, etc., sustainable fashion was based on the snob value of pure wool, pure cotton and pure silk. In a
2019-02-11 17:19:00
HanesBrands grows at 7%
International segment growth continues – In spite of unfavorable currency exchange rates, International segment sales increased by 12% and operating profit increased by 28%. On a run-rate
2018-07-04 10:59:00
Drop in Chinese demand hurts cotton yarn exports
Exports declined 16.3% during the timeframe even though yarn production increased 3.5% between 2013-14 and 2017-18. The share of exports in total yarn production has come down to 27% in 2017-18 from
2018-02-07 15:30:00
Turkish apparel exports under pressure from competitors in EU market
The EU is the most important market for Turkey’s clothing exports but currently Turkish ready-to-wear exporters are under pressure from their competitors in the EU market, such as Pakistan and
2018-01-11 10:00:00
Vietnam textile production fails to meet garment requirements
Vietnam textile industry is still facing many problems in textile production, as fabric determines the cost and quality of finished garment products hence textiles still cannot meet garment
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