- U.S. secondhand clothing market to grow 11 times faster in next five years
- New policies to curb production and disposal of fast fashion are likely to accelerate growth of the US secondhand clothing market. As per the 2021 Resale Report released by thredUP, the market is likely to double in the next five years to USD 77 billion. A comprehensive stu
- Jul 13, 2021
- India exports USD 704 million textiles to Latin America
- India’s exports to Latin America amounted to USD 12.74 billion in 2020-21 (April-March), according to the figures released by the Commerce Ministry of India. The exports to the region have declined marginally by 3.3 percent from USD 13.18 billion in 2019-20. This is not bad in view of the
- Jul 13, 2021
- This round of reserves sales to be 600kt
- The state cotton reserves sales policy was announced on July 2. This round of reserves sales will start from July 5, and end on September 30, 2021, with a total planned selling volumes of 600kt. According to relative regulation, the base selling price of the week during July
- Jul 13, 2021
- Xinjiang cotton still sells well despite American pressure
- In March, an early announcement by H&M brought the Xinjiang cotton incident from the industry circle to the wide attention of society. But for many friends outside the circle, may not be clear about the causes and consequences of the Xinjiang cotton incident. In fact, pe
- Jul 13, 2021
- Spandex price survey: demand strong and supply tight, inventory hit a new low in recent years
- PPI data show that as of June 28, spandex spot supply is still tight in Shandong, Zhejiang, Jiangsu, Fujian and other places, all parties hold a wait-and-see attitude to the aftermarket, in terms of price, 20D mainstream price reference 90,000-95,000 yuan/ton; 40D mainstream price referenc
- Jul 09, 2021
- SHEIN, a Chinese cross-border e-commerce company, reaches USD 1.2 billion in monthly sales in Southeast Asia
- Chinese fast fashion cross-border e-commerce brand SHEIN is setting up a regional hub in Singapore to serve online consumers in Malaysia, a move that will accelerate its expansion into Southeast Asian market, according to media reports. SHEIN has become the world’s top fast
- Jul 09, 2021
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