Page 12 - Xpert Comment News Today

Bangladesh dealt with export fluctuations and aimed for a $52.27 billion apparel export goal for FY23-24. Policy changes like revised CIP rules and the National Tariff Policy 2023 sought to enhance industry

Attacks by Houthis on vessels in the Red Sea have raised security concerns and are driving up costs for the global shipping industry. The disruption threatens 30 per cent of global trade that passes

In the third quarter of FY23, five apparel and fashion companies revealed mixed financial results. American Eagle Outfitters, Arezzo, and Ross Stores reported growth in sales and profits, whereas Macys

South Koreas apparel imports from Cambodia rose by 12.9 per cent to $183.294 million in the first ten months of 2023, which is 1.79 per cent of its total $10.259 billion imports. In 2022, Cambodias

In the second quarter of FY24, three global apparel firms reported mixed results. Ralph Lauren saw moderate growth with revenues increasing by 3 per cent and Gunzes sales dipped by 5.7 per cent, though

In 2022, Germany led in trade openness in textiles and clothing with 2.03 per cent, followed by France and the UK. All countries, including Canada and Australia, experienced fluctuations in trade openness

In 2023, the UKs baby wear imports reached $434.385 million, with India as the top supplier. The top five suppliers, including China and Bangladesh, contributed 75 per cent. Despite a decrease from

During January-November 2023, Chinas exports of textiles, garments, and accessories fell to $268.56 billion, an 8.88 per cent year-on-year drop. Garment exports declined by 8.6 per cent, totalling $145.198

In 2023, Vietnam and Thailand, major players in the apparel export industry, experienced shifts in their fabric trade. Despite a mutual dependency for fabric supplies, Vietnams imports from Thailand

The Israel-Hamas conflicts impact on global trade has intensified with recent Houthi attacks on Red Sea-Suez Canal vessels, prompting rerouting and spiking logistical costs. As shipping lines divert,