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Profits of textile sector in Pakistan plunge by 64 percent in first quarter of 2024
Stress on Pakistan’s textile industry listed at the capital market continued in the first quarter of 2024 as the sector grappled with...
GOTS updated its criteria for a strong sustainability chain
The Global Organic Textile Standard (GOTS), the world’s premier processing standard for certified organic fibres, experienced significant milestones. In addition to...
New US restrictions on unethical textile imports
The Department of Homeland Security has enhanced strategy to combat illicit trade in textile and apparel products. Now, the importers of such goods...
Italian Textile Machinery: Orders remain stationary for first Quarter 2024
For Italian textile machinery sector, 2024 has begun without anything seemingly special. The first quarter has seen the orders...
American garment retailers reduce imports from all over the world including Bangladesh
The United States is Bangladesh’s garment's single largest export destination. Its exports to the US have been regularly declining...
IGATEX PAKISTAN mega textile event opens with worldwide participation
Country’s Largest Garment, Textile & Digital Printing Machinery and Accessories Exhibition organized by Fakt Exhibitions (Pvt.) Ltd. opened its...
Foreign investment resurgence energizes Vietnam’s textile and apparel industry
Vietnam's textile and apparel sector is experiencing a resurgence in Foreign Direct Investment (FDI), signaling positive growth prospects for...
Bangladesh seeks duty-free US market access amid labour rights focus
During the recent Trade and Investment Cooperation Forum Agreement (TICFA) Council meeting, Bangladesh advocated for duty-free and quota-free access...
US trade bodies against tariff hike on apparels from 5 countries
Four major American trade bodies, namely the American Apparel and Footwear Association (AAFA), the National Retail Federation (NRF), the...
US apparel and textile importers oppose tariff hike on garments from Bangladesh and others
Four major American trade bodies have strongly opposed the suggestion aimed at imposing higher tariffs on apparel items imported...
Textile exports see fourth straight monthly surge in March despite power woes
In the backdrop of high power and energy prices, government data surprisingly revealed that textile exports rose by 3.3...
Global cotton scenario of the week
The Karachi Cotton Association (KCA) after the meeting of its Spot Rate Committee on Thursday decreased the spot rate...
Shabbir Mansha appointed as Chairman Pakistan-China Business Council
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has appointed Shabbir Mansha...
Sindh pleads for Rs. 11000 per maund phutti support price
The Sindh government has asked the federal government to raise the support price of seed cotton (phutti) to Rs11,000...
Global economic growth to reach 2.8% by 2030 says IMF
Global economic growth will reach a mere 2.8 per cent by 2030, a full percentage point below the historical...
Minimum wage for Bangladeshi textile workers notified
Finally the wage issue of textile workers has been resolved as the government of Bangladesh has announced Tk 10,001 as the...
Global cotton scenario this week
Cotton market in Pakistan remained mostly closed throughout the week due to prolonged Eid holidays. Even otherwise the mills...
US apparel, textile sectors urge united front on illicit trade crackdown
A coalition of US apparel and textile trade bodies is urging the Department of Homeland Security (DHS) to collaborate...
Export of Textile Flock in UK Declines to $31M in 2023
In 2023, exports of textile flock and dust and mill neps from the UK dropped markedly to 4.9K tons,...
Thailand synthetic filament tow exports and staple fibers
In 2023, overseas shipments of synthetic filament tow and staple fibers, not carded or combed increased by 10% to...
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Trützschler Group at ITM 2024
Catch Trützschler at ITM Istanbul, Türkiye, from June 4th to June 8th, 2024. Swing by Booth 714A in Hall 7 to witness the latest...