- Japanese apparel retail sales increase 42% month-on-month, down 34% year-on-year in May
- Japan’s May retail sales fell 12.3% year-on-year, double-digit decline for two consecutive months, but the decline slowed down. Due to the COVID-19 pandemic and the prolonged blockade measures, which hit consumer confidence, Japan’s retail sales fell by 13.9% in April this year, the larges
- Jul 28, 2020
- Egypt to invest 21 billion Egyptian pounds to build the world’s largest spinning factory
- Egyptian media reported on the local time on the 10th that Egyptian Minister of Public Affairs Sisham Taufik revealed that Egypt will start to build the world’s largest spinning factory in El-Mahalla El-Kubra, the largest city in the western province. The total planned investment of the pr
- Jul 28, 2020
- U.S. ends special treatment for Hong Kong
- On June 29th local time, the U.S. Department of Commerce official website issued a statement saying that it had ended special treatment for Hong Kong, including the suspension of export license exemptions, and was conducting a differential treatment assessment. U.S. Secretar
- Jul 28, 2020
- Over 100 billion yuan! China Textile City half-year report released
- Recently, the China Textile City Construction and Management Committee was informed that from January to June, China Textile City market achieved a turnover of 89.235 billion yuan, of which the China Textile City fabric market achieved a turnover of 62.49 billion yuan, and China Textile Ci
- Jul 28, 2020
- Spring inventory backlog impacts autumn orders, apparel demand varies across the region
- Despite the reopening of fashion retail stores worldwide, the Asian suppliers of brands are facing a bigger dilemma: the demand from brand retailers around the world is different, and the backlog of spring inventories has caused autumn orders to be cut by as much as two-thirds.
- Jul 28, 2020
- U.S. textile and apparel import report in May, 2020
- U.S. imports of cotton, wool, man-made fiber, silk blends, and non-cotton, vegetable fiber textile and apparel products totaled 3,544.8 million square meter equivalents (MSME) in May 2020, a decline of 42.0% compared to May 2019, of which, that of China were 1,763.5 MSME, a decline of 37.6
- Jul 27, 2020
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