- Europe threatens Asian garment industry
- A McKinsey study states, Bangladesh, Vietnam, Cambodia may soon lose their competitive edge in the global garment industry as manufacturing and marketing advances may make it easier for U.S. and European garment importers to produce garments closer to home. The study says that by 2025, aro
- Aug 07, 2020
- China’s cotton imports fall more than 40% year-on-year in June
- According to data from the online query platform of the General Administration of Customs, China’s cotton imports in June were 90,281.95 tons, a decrease of 42.70% from the previous month and an increase of 28.91% from the same period last year. That month, the United States
- Aug 07, 2020
- The dazzling half-year “transcript” of some fabric companies
- In the first half of the year, China’s fabric output dropped significantly, with a year-on-year decrease of 25.9%, and even a decrease of 36% in some months. What is even more stressful is that during the same period, the national textile finished product inventory was not affected by the
- Aug 07, 2020
- Economic operation of China’s textile industry in the first half of the year
- Since 2020, facing the severe test brought by the COVID-19 pandemic and the complex domestic and foreign environment, China has effectively overcome the adverse effects of the pandemic and achieved a steady recovery in the macro economy. During the fight against the pandemic, the textile i
- Aug 06, 2020
- Bangladesh’s clothing export revenue of USD 2.2 billion in June
- According to the latest data from the Bangladesh Export Promotion Bureau, in June 2020, Bangladesh’s clothing export revenue totaled USD 2.24 billion, down 6.63% year-on-year. This is also month-on-month decline has narrowed for three consecutive months since the sharp drop of 85% in April
- Aug 05, 2020
- Cotton Corporation of India to export large amounts of cotton in 2020/21 season
- According to foreign news reports, the Cotton Corporation of India (CCI) plans to export approximately 1.5 - 2 million bales of stock cotton to Bangladesh in the upcoming 2020/21 season. At the same time, CCI will also establish warehouses in Vietnam to promote cotton exports to Vietnam.
- Aug 05, 2020
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