According to an industry study released by UPS, by 2030, the trade volume between Vietnam and 11 major Asian markets may greatly increase from the current $326 billion to $465 billion.
According to the report, Australia, China, Hong Kong, Indonesia, Japan, Malaysia, the P
India's textile and apparel industry is facing a severe blow due to the global economic slowdown and declining global trade. The industry heavily relies on developed economies such as the US and European Union (EU) markets, and the decline in exports to these regions has been consistent since
Texworld Evolution Paris received nearly 8,000 visitors from some 20 countries during its February 2023 edition, a sign of the resumption of business between the European fashion industries and the major sourcing countries. The date is set for the summer edition, which will take place from July 3–
“ITMF’s Cotton Contamination Survey 2022 shows that the level of contamination of raw cotton by foreign matters and stickiness have decreased compared to 2019. At the same time the appearance of seed-coat fragments remained the same. The survey also reveals significant differences between
The business situation is at a new low point since ITMF started the Global Textile Industry Survey in 2021. High inflation and rising interest rates are the main current drivers of the global economy, but the core problem of the textile supply chain in 2023 are high inventories at the brand and re
The fashion industry was out in force for the latest edition of Première Vision (PV) Paris from February 7–9 at the Parc des Expositions, Paris Nord Villepinte. The show offered a wider range than ever of tools and services to guide brands and buyers in their search for suppliers.