The American government has stated that some of the new tariffs rise for the Chinese fashion imports, specifically apparel and footwear sectors, will be delayed until mid-December.  

The German government has started a Grüner Knopt (green button in its German meaning) in which it would support all textile articles that follow certain social and environmental criteria.

The Ethiopian economy will be the one with the biggest rise in the next two years in the sub-Saharan Africa, according to the International Monetary Fund (IMF).

The global market of cotton and polyester has been in the middle of the trade war between China and United States during the last year. 

The measure, that will become effective in September, adds to the 25% rate applied in May. Amongst the more affected is the sportswear industry. 

Fashion retail in the eurozone reinforces its numbers after dropping 2.4% in May according to reports published by statistics agency, Eurostat.

9.4% of the population of the eastern European country is between 25 and 29 years old, while 8.5% of citizens in Cyprus are in the same age range.

Geopolitical tensions are affecting consumers trust and the giants, specially luxury, started to point downfalls in the region.

The entity anticipates a worst scenario for the global economy, with a rise of 3.2% this year and 3.5% for the next one, one pointer less of what was forecasted in April.

The market has moved between downs and light rises in United States and in Europe´s main economies.