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Swedish clothing and footwear sales grow rapidly
The Swedish News Agency (TT) reported on July 14 that the Swedish Trade Style Index showed that Swedes’ consumption of clothing and footwear has increased recently. Compared with the same period last year, clot…
IKEA’s investment company Interogo reduces its stake in H&M Group
According to a report by Sweden’s “Industrial Today” on July 15, Interogo, an investment company under IKEA, reduced its holdings of more than 7.6 million shares of H&M Group in June this …
Vietnam exports yarn, 10,000 tons
In June 2021, Vietnam exported textile and clothing to 3.065 billion U.S. dollars, an increase of 19.07% from the previous month, and an increase of 17.78% from the same period last year; exported 171,800 tons …
Pakistan exports cotton yarn 10,000 tons
The revenue of the textile and apparel sector increased year-on-month in June 2021 due to the end of the Eid al-Fitr holiday in Pakistan. Exports of textiles and clothing were US$1.66 billion, an increase of 56…
Vietnam’s textile industry is in trouble again due to new wave of epidemic
The fourth wave of the COVID-19 epidemic has recently hit Vietnam’s economy again, putting the newly recovered textile industry into trouble again. According to VuDucGiang, Chairman of the Vietnam Textile…
/Finance Iran exports clothing worth US$1 billion
According to a report by the Financial Tribune on July 25, the Director of the Textile and Clothing Department of the Ministry of Industry, Mines and Trade of Iran stated that Iran exported clothing worth US$11…
Indian textile industry needs more support
Foreign news on July 23, India’s share of global cotton yarn exports dropped from 29% in 2015 to 23% in 2020. In the field of ready-made garments, its share It has been stagnant at 3-4% for the past 10 ye…
China-Mauritius Free Trade Agreement brings new business opportunities to Mauritius textile industry
According to the “Express” report, after the China-Mauritius Free Trade Agreement was signed and officially came into effect, it has brought new business opportunities to the Mauritian textile indus…
Bangladesh’s textile and apparel industry implements two-week lockdown policy
Due to the rampant spread of the Delta variant of the new crown virus, the Bangladesh government decided to impose restrictions on the country’s textile and textile industry starting from July 23 after th…
Russian retailers predict rising prices for autumn clothing, footwear
According to the Russian “Business Consultant” report on July 22, affected by the epidemic, the cost of shipping between Asia and Europe has increased several times compared with last year. Since th…