Page 31 - Xpert Comment News Today

In January-August 2023, Chinas textile, garment, and accessory exports dropped 9.96 per cent to $197.213 billion compared to the same period in 2022. This reduction affected various categories including

Brazil experienced a 49 per cent decrease in cotton exports in the first half of 2023 compared to the same period in 2022. US, the largest global cotton exporter, has seen its margins increase despite

US import prices rose by 0.5 per cent in August this year—the largest monthly increase since May 2022—after ticking up by 0.1 per cent in July. Such prices fell by 3 per cent year on year (YoY) in the

In August 2023, Poland saw a YoY increase in consumer prices by 10.1 per cent, with goods costing 9.8 per cent more. Still the costs remained almost stable compared to the previous month, showing a slight

In Q2 FY23, some apparel retailers like American Eagle Outfitters, Ross Stores and Columbia Sportswear saw growth in both sales and profits. Arezzo exhibited moderate performance, while Macys, Adidas,

In July 2023, extra-EU exports decreased 3.2 per cent but imports fell sharply by 21.5 per cent, resulting in a €4.9 billion surplus. Euro area saw a 2.7 per cent contraction in exports to rest of the

In July 2023, UK noted a decline in clothing imports, decreasing 25.36 per cent year-on-year to £1.245 billion, and textile fabric imports fell 12.17 per cent to £476 million. Despite a near-steady month-on-month

Frances clothing-footwear prices rose by 6.1 per cent month on month in August after a 10.9 per cent July fall. Year on year, such prices slowed down: a 2.2 per cent YoY rise in August after a 3.4-per-cent

US textile and apparel exports fell by 4.52 per cent to $13.832 billion in January-July 2023 compared to the same period in 2022. While there was growth in markets such as Netherlands and UK, several

In the first quarter of fiscal 2024, six global fashion firms reported their financial outcomes with varying degrees of success. Ralph Lauren and Goldwin Inc showcased strong growth in both sales and