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Markets

Donald Trump threatens to set tariffs as high as 100% on certain French imports valued at 2.4 billion dollars, including bags and cosmetic products.

Between 2018 and 2022, India, Ukraine and Argentina will be the markets where the sector will grow the most, while Venezuela, Egypt and France will be the three where sales will fall the most.
After six months on the low, the official Purchasing Manager Index (PMI) stood at 50.2 points, up from the 49.3 points in October.
The collaboration has been signed between EU-Textile2030, the European cluster of advanced textile materials and Tex4im, the consortium that reviews the smart specialization strategy in Europe of the sector.
Leaders from the factory unions in Ethiopia’s textile and garment sector met this week in Addis Ababa.
The European Parliament has approved an institutional declaration warning of the need to act quickly. Europe is the first continent to declare this.
According to Moody’s latest report, tariffs on Chinese imports will affect clothing and footwear retail in the American market between the next twelve and eighteen months.
The sector is estimated to reach 1.26 billion euros by the end of this year, according to the Worldwide Luxury Market report by Altagamma and Bain&Company.
Manmade cellulosic fibers category are increasing steadily with a market share of approximately 6.2% of total fiber production volume, double what it was in 1990.
Social riots have extended throughout all the region, from Chile to Bolivia. This weekend, the Army went on the streest in Colombia.
From Thanksgiving Day through Cyber Monday, 79% of consumers plan to shop for holiday gifts, spending an average of 415 dollars per household, according to a Deloitte survey.
The Australian council is the second fashion body to become a signatory to the UN Fashion Charter and appoints Leila Naja Hibri as new chief executive officer.
The company founded by an association of American cotton growers has set six sustainable goals to implement in its production methods over the next decade.
India, China, Kyrgyzstan, Tanzania and Turkey have led organic cotton production during the last season, according to a Textile Exchange report.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.