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Bangladesh garment makers highlight the loss of $3 billion orders

Bangladesh garment manufacturers says fashion retailers have cancelled or put on hold more than $3 billion in orders due to the coronavirus outbreak, though...

Italian retailers cancelling orders to Bangladesh

According to Tipu Munshi, Bangladesh Commerce Minister, some European clothing retailers, especially Italian ones, are mulling over cancelling or deferring work orders from Bangladesh...

Orelikon, China turns out winner in times of COVID-19

It is interesting to note that Oerlikon has received new large orders for manmade fibers production solutions from three of the world’s leading manmade...

COVID-19 delays denim shipments up to four weeks: The Buckle

After struggling with falling margins in 2019, The Buckle Inc. rebounded into profitability with rising same-store sales and solid earnings in its Q4 and...

Thomas Waldmann, MD VDMA on trade free scenario in textile industry

Germany is one of the world’s leading suppliers, especially in the textile machinery. Thomas Waldmann, Managing Director of VDMA Textile Machinery Association said that,...

US industrial front highlights the plight of Xinjiang workers

Several US trade associations, including the National Retail Federation (NRF), the American Apparel & Footwear Association (AAFA) and the US Fashion Industry Association (USFIA),...

Covid-19 outbreak hurting lives as well as economies

The Asian Development Bank (ADB) has voiced concerns in a new analysis report that the ongoing coronavirus (Covid-19) outbreak in Asia will have adverse...

Bangladesh confronts shortage in garment production

Bangladesh, the 2nd largest apparel manufacturing hub in the world, is facing raw materials shortage due to coronavirus outbreak in China—the top trade partner...

Indian textile exports experience contraction from 15 states

As India's textile sector aimed to grab an opportunity amid the US-China trade war, the textile exports from around 15 states contracted in the...

Pakistan’s textile sector ready to be doubled in next five years

As claimed by the officials that the textile exports would be doubled in the next five years if the government becomes successful in overcoming...