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In FY23, Hanesbrands and Delta Galil showed sales declines, while Marimekko and Ludwig Beck reported growth. E-commerce giants like Showroomprivé and Zalando had mixed results, with Zalando showing moderate
In Jan-Feb 2024, Vietnam's textile and garment exports increased by 13.4 per cent YoY to $5.157 billion, despite a month-on-month decline in February. The US, Japan, and South Korea were key markets.
In 2023, South Korea's apparel imports from Vietnam declined by 7.75 per cent to $3.443 billion, influenced by economic uncertainty. Despite a decrease from $3.733 billion in 2022, Vietnam remains South
A new partnership between Turkiye and WRAP aims to boost Turkiye's textile industry in the US market, focusing on sustainability standards. Despite exiting the US Generalized System of Preferences in
The fast fashion industry, which is projected to reach $150 billion by 2025, thrives on low-cost, trendy clothing, attracting consumers worldwide despite environmental concerns. France is combatting