- The status quo of the seven major textile countries, with a significant decline in exports
- The negative impact of the COVID-19 pandemic on the global economy is still deepening, and the global textile industry have been affected by it. Exports have fallen, orders are insufficient, applications for suspension, production cuts... Vietnam: This year’s textile and a
- Aug 28, 2020
- Uzbekistan’s textile exports reach USD 1 billion in Jan. - Jul.
- Uzbekistan reported on August 10 that from January to July this year, Uzbekistan’s textile industry achieved exports of USD 1 billion, an increase of 112% year-on-year through measures such as opening new markets and continuously developing new products. Uzbekistan’s textile
- Aug 27, 2020
- UK crashes into deep recession; first in 11 years
- The British economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to recent figures released by the Office for National Statistics (ONS). UK chancellor for treasury Rishi Sunak said the hard times he had
- Aug 27, 2020
- EU textile, apparel and footwear retail sales increase by 20.5% month-on-month in Jun.
- According to Eurostat data, EU retail sales in June increased by 5.2% month-on-month and 1.3% year-on-year. Among them, the retail sales of textiles, apparel and footwear continued to increase by 20.5% month-on-month in June after a surge of 130.7% month-on-month in May.
- Aug 27, 2020
- Jingwei Textile Machinery’s net profit in the first half of the year falls 51.7% year-on-year
- Jingwei Textile Machinery (000666.SZ) disclosed its interim statements on August 15, 2020. The company achieved total operating income of 3.67 billion yuan in the first half of 2020, a year-on-year decrease of 26.6%; net profit attributable to the parent company was 170 million yuan, a yea
- Aug 27, 2020
- Nantong textile industry accelerates recovery
- This year’s pandemic has had a great impact on the textile industry, but in the past two months, Nantong’s textile industry has shown a steady and improving trend. The resumption rate of the textile industry in Nantong City has reached 100% at the end of March. Most companie
- Aug 27, 2020
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