- UKFT signs £7.4 billion FTA with EU
- UKFT has signed a FTA with the EU, biggest market of the UK fashion and textiles industry. The FTA will enable UK to supply £7.4 billion worth of fashion and textiles to the EU every year besides helping it create thousands of jobs and hundreds of companies. UKFT has urged the UK gov
- Jan 08, 2021
- Cotton futures rise with Chinese purchases pacing U.S. exports
- Cotton futures climbed on signs of firm demand for supplies from the US, the world’s top exporter. In the week ended Dec. 17, U.S. export sales of upland cotton more than tripled from a year earlier, government data showed. China has boosted purchases to meet commitments un
- Jan 06, 2021
- Textiles and apparel drove significant export growth in the first 10 months
- Recently, the General Department of the Ministry of Commerce and the Chinese Academy of International Trade and Economic Cooperation released a report on China’s foreign trade situation in the fall of 2020. Since 2020, in the face of the sudden pandemic and the complex and sever
- Jan 04, 2021
- Germany to offer tech help to Pakistan for textile sector
- Germany recently signed an agreement with Pakistan to offer technical assistance worth Rs 1.95 billion to promote resilience against impacts of natural disasters and improving labour, social and environmental standards in the textile industry. Economic affairs secretary Noor Ahmed and Germ
- Jan 04, 2021
- USA: Curtailed by COVID-19, November clothing and footwear spending fell 4.9%
- Consumer spending on clothing and footwear fell a seasonally adjusted 4.9% in November to USD 414.27 billion from USD 435.36 billion in October, the Bureau of Economic Analysis (BEA) reported in its Personal Income & Outlays report. “The November estimate for personal in
- Jan 04, 2021
- Vietnam: VITAS calls for large garment and textile parks to attract investors
- Vietnam Textile and Apparel Association (VITAS) has urged the Government to direct provinces with suitable infrastructures to build some large garment and textile parks with an area from 500 hectare to 1,000 hectare and centralized wastewater treatment systems to attract investors into the
- Dec 31, 2020
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