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China's spandex market, a key component in women's garment manufacturing, witnessed a notable decline in prices. FOB prices of Spandex (40D) plummeted by 10.65 per cent to $4.78 per kg in the October-December
Four apparel companies reported their Q3 results. Adidas AG showcased strong growth with increased sales and profits, despite a slight revenue decrease in euro terms. Carter's Inc and Columbia Sportswear
The East African Community (EAC) is proposing standardised quality norms for textile garments, following Indonesia's lead. The EAC aims to facilitate trade by harmonising standards. The East African
In Q3 2023, 3 luxury brands reported strong sales growth. Hermès International's revenue grew 22 per cent to €10.06 billion, with sales up 16 per cent to €3.37 billion. Hugo Boss saw a 15 per cent
US textile and apparel exports declined by 5.51 per cent to $19.880 billion from Jan-Oct 2023, compared with the previous year. While shipments to the Netherlands, Belgium/Luxembourg, the UK, and China