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April 10, 2024
US textile and apparel exports fell by 3.26 per cent to $3.691 billion in early 2024. While shipments to Guatemala and China increased, those to the Dominican Republic and Canada declined. Apparel
April 10, 2024
US textile and apparel exports fell by 3.26 per cent to $3.691 billion in early 2024. While shipments to Guatemala and China increased, those to the Dominican Republic and Canada declined. Apparel
April 8, 2024
In Jan-Feb 2024, US textile and apparel imports fell by 6.13 per cent to $16.466 billion. Apparel imports dropped by 7.78 per cent, and non-apparel imports decreased by 1.10 per cent. While imports
April 8, 2024
In the first 2 months of 2024, Sri Lankas garment exports declined by 5.1 per cent YoY to $738.4 million. Textile exports fell significantly by 23.9 per cent to $46.0 million, whereas exports of other
April 5, 2024
In 2023, Italy emerged as Europes top and worlds 2nd largest buyer of Sri Lankan apparel, with exports to Italy rising by 10.05 per cent to $563.071 million. This growth occurred despite a global downturn
April 5, 2024
UKs slow economic recovery is impacting retail spending due to high interest rates and a challenging global landscape. Consumer expenditure is shifting towards essentials, affecting retail profitability
April 3, 2024
ICE cotton prices showed mixed results in trading sessions, with July 2024 contracts declining slightly while December 2024 and future contracts saw gains. Concerns about global demand and economic uncertainty
April 3, 2024
In FY23, 7 fashion companies reported mixed results. Duluth Holdings and Nordstrom were among the weaker performers, with Duluth experiencing a net sales decline and Nordstrom reporting only a slight
April 3, 2024
Over the past five years, Vietnam has significantly increased its share in the US apparel import market, becoming the second-largest supplier after China. In January 2024, Vietnams share reached 19.26
March 31, 2024
Flax yarn prices hit a low of $14.59 per kg in Turkiye and a high of $18.42 per kg in India in February 2024. Prices fluctuated in various markets, with notable increases and decreases over the months.