• 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
    • India extends AD duty on caustic soda from China & S Korea
      The Government of India has extended the imposition of anti-dumping (AD) duty by another three months on caustic soda imported from China and South Korea. The request for extension of the existing AD duty was made by directorate general of trade remedies (DGTR), the investigation arm of th
      Aug 26, 2020
    • Intertextile Shanghai Apparel Fabrics (Autumn Edition): seize business opportunities
      On September 23 - 25, 2020 Intertextile Shanghai Apparel Fabrics (Autumn Edition) will be held at the National Exhibition and Convention Center (Shanghai). The eight halls of this exhibition are open, welcoming people from all industries with an exhibition area of 210,000 square meters. Th
      Aug 26, 2020
     
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