As compiled by the Association of Italian Textile Machinery Manufacturers (ACIMIT), the index of orders intake for Italian textile machinery fell by 47% for the period April - June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy, mainly due to lockdo
According to a report recently released by research company Fitch Solutions, in the context of global supply chain shifts, the textile and apparel industries in Asian countries such as Vietnam, Cambodia and Myanmar have huge development opportunities.
Fitch Solutions believe
According to Liu Yongqing, director of the Consumer Goods Industry Division of the Hebei Provincial Department of Industry and Information Technology, this year, Hebei will support the development of the consumer goods industry in various aspects, including brand enhancement, personalized
During the pandemic, various sports brands actively deployed new marketing methods such as new retail and live e-commerce in order to reduce the degree of damage. At the same time, industry concentration continues to increase, and industry demand rebound is expected. In the medium and long
In June, the cotton textile prosperity index was 48.94, the decline narrowed for two consecutive months. This month, the off-season effect of the domestic textile market has gradually emerged, and the pressure on textile enterprises’ orders has increased. In terms of raw materials, in orde
According to the report of the Indian research institute ICRA, the revenue of the Indian cotton spinning industry in 2021 is expected to drop by 25% to 30% year-on-year, and the profit margin will drop by 3% to 4%.
ICRA stated in its July 2020 report on the Indian cotton spi