- U.S. move to join back Paris Agreement augurs well for global apparel industry
- One of the most important announcements made by President Biden on his first day in office was that the U.S. will rejoin Paris Agreement. This indeed is a positive step for global environment. For the fashion industry, this is a clear message to focus more on their sustainability goals.
- Feb 07, 2021
- Brazil’s apparel and footwear sales drop 24 percent in 2020
- According to recent survey data from the British market research company Euromonitor, the sales of Brazilian apparel and footwear market in 2020 is about USD 20.7 billion, down 24 percent, which is higher than the global average (-17.3 percent). It is estimated that the Brazilian market fo
- Feb 05, 2021
- China’s share of European and American apparel imports declines in the first three quarters of 2020
- The apparel imports of EU-27 countries plummeted in the first three quarters of 2020, and China’s market share and the proportion of various varieties dropped significantly. Bangladesh’s share of EU knitwear imports reached 29.7 percent, and China dropped to 27.2 percent. Am
- Feb 05, 2021
- China, Sri Lanka sign a cooperation memorandum in textile industry
- On January 20, 2021, Mr. Xu Yingxin, vice president of China National Textile and Apparel Council, and Mr. A Sukumaran, president of Sri Lanka Joint Apparel Association Forum, signed the memorandum of cooperation online. Dr. Palitha Kohona, Sri Lankan Ambassador to China, witnessed the sig
- Feb 05, 2021
- The per capita clothing consumption expenditure drops by 7.5 percent in 2020
- A few days ago, the National Bureau of Statistics announced the “Income and Consumption Expenditure of Households in 2020”, showing that the per capita clothing consumption expenditure dropped by 7.5 percent in 2020. China’s per capita consumption expenditure was 21,210 yuan i
- Feb 05, 2021
- Zhuzhou apparel industry enters the era of hundreds of billions
- Zhuzhou apparel industry is the largest apparel industry cluster in Hunan and even the central region. After 40 years of development, the scale of Zhuzhou apparel industry in 2020 was 101.53 billion yuan. It became the second 100 billion industrial cluster in Zhuzhou after the rail transit
- Feb 03, 2021
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