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Robust US economy despite higher interest rates: A cause for concern?

The trend of persistent inflation continues to trouble businesses, as it also suggests a possible delay in the US Fed's rate cut schedule.
However, the higher interest rates set by the Fed have not deterred

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Chinese spandex hits new low in April, sheds 65% of 2021's peak value

In China, spandex prices continue to fall.
The material lost about 65 per cent of its peak value since late 2021.
Prices had reached highs in early 2022, but global demand slowdowns for garments and

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Cambodia's apparel exports to ASEAN lag behind pre-COVID figures

Three years post-COVID-19, Cambodia's apparel exports to ASEAN countries remain below pre-pandemic levels.
In the year 2020, exports reached $292.226 million but fell sharply in 2021, recovering to just

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US retail sales defy inflation with surprising March increase

Despite high inflation and the Fed maintaining elevated interest rates, US retail sales increased unexpectedly in March, rising by 0.7 per cent MoM.
This increase can be attributed to higher wage growth,

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China's textile & garment exports see modest growth in Jan-Mar 2024

From January-March 2024, China's exports of textiles, garments and accessories rose to $65.910 billion, a 2.00 per cent increase from previous year.
This growth included a 1.4 per cent rise in garment

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Vietnam's textile & garment exports rise 8.8% in Jan-Mar 2024

Vietnam's textile and garment exports increased by 8.8 per cent to $7.820 billion in the first quarter of 2024, with US being the largest market.
Yarn exports also rose, with China as the top buyer.

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Textile firm penalised for scam in export scheme

Textile firm penalised for scam in export scheme

Karachi , Sindh , Pakistan , Customs-collectorate , Export-facilitation , Post-clearance-audit-south-karachi , Shiraz-ahmed , Express-tribune , Post-clearance-audit-customs , Export-facilitation-scheme , Customs-post-clearance-audit-south

Textile exports dip 7.7% as pessimism prevails

Industry awaits business-friendly policy, subsidised energy tariffs

Lahore , Punjab , Pakistan , Faisalabad , Pakistan-textile-mills-association-aptma-gohar-ejaz , All-pakistan-textile-mills-association , Patron-in-chief-gohar-ejaz , Express-tribune , Latest , Extile , Xports

Japan sees 1.7% decline in clothing & textile imports in FY24

In FY24, Japan's imports of clothing and accessories fell to 3,564,850 million yen, accounting for 3.3 per cent of total imports.
Following months of decline, a February surge indicated improved retail

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Ireland imports apparel worth $117 mn from Vietnam in 2023

In 2023, Ireland imported 4.65 per cent of its apparel from Vietnam, valued at $117.090 million, making Vietnam its sixth-largest supplier.
Despite a fluctuating trend in previous years, Ireland's apparel

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