16 mar 2020 - 07:15
Last Friday, President Trump declared a national emergency over the coronavirus. Nike, Everlane, Abercrombie & Fitch are a few amongst many that have ceased their operations over the coronavirus.
Markets
15 mar 2020 - 13:00
All stores open to the public that are not of primary necessity will have closed their doors on Saturday in France, along with a similar measure taken in Spain that same day.
13 mar 2020 - 20:00
President of the Government, Pedro Sanchez, explains that the actions will extend for the next fifteen days.
13 mar 2020 - 17:33
The Colombian fair organizer, Inexmoda, expects textile exports from Colombia to the United States to increase in 2020 as brands seek alternatives away from China.
13 mar 2020 - 09:00
Italy has proceeded to closing all its retail stores, excluding supermarkets, fuel stations to fight the spreading of the pandemic.
12 mar 2020 - 10:01
Inditex has near 400 stores in the country, H&M operates 181 points of sale and Primark has five stores in the third largest European economy.
12 mar 2020 - 08:53
According to the City Momentum 2020 ranking, published by the real estate consultancy JLL, Hyderabad emerges as the most dynamic city in the world, dethroning number one in the 2018 ranking, Bangalore.
11 mar 2020 - 19:00
On a month-on-month basis, the sector’s prices in the US market registered an increase of 3%, according to data from the US Bureau of Labor Statistics.
11 mar 2020 - 17:21
Christine Lagarde, president of the European Central Bank (ECB), emphasized that the organization is examining all its tools to combat the crisis.
11 mar 2020 - 08:55
Euromonitor has cut its growth forecasts of the world economy by 2020 by 0.1 points and 0.3 points due to the outbreak of the coronavirus.
10 mar 2020 - 19:00
The European Apparel and Textile Organization reclaims “reality checks” and close monitoring of the implementation of the strategy, claiming that the EU has “failed to deliver” on previous plans.
10 mar 2020 - 18:00
Year-on-year, the economy of the eurozone grew by 1%, while the whole European Union expanded 1.3%.
10 mar 2020 - 08:00
International benchmark Brent crude plunged 31% yesterday, reaching 33 dollars. However, previous fluctuations didn’t have an impact on fashion, despite it’s a sector dependent on oil throughout all its value chain.
9 mar 2020 - 19:00
The investment will be made between 2021 and 2024 to help companies and workers affected by the coronavirus outbreak. The Government has also eased rules for short-term work compensation.
9 mar 2020 - 16:50
The Japanese economy has shrunk at its biggest pace in more than five years, according to the last revision by the Japan’s Finance Ministry.
9 mar 2020 - 07:00
30% of the global production of nylon 66, one of the most common in the textile industry, derive from the isolated regions by the government in Italy.
6 mar 2020 - 08:49
The movement of orders to countries of the Euro-Mediterranean pool is triggering a rise in prices from the part of suppliers.
5 mar 2020 - 16:10
The United Nations Organization (UN) also estimates that the impact of the crisis on total exports reaches 50 billion dollars.
5 mar 2020 - 09:00
The transfer to the Asian country of large productions with broken deadlines owing to the crisis in China is causing great chaos in Bangladesh.
4 mar 2020 - 19:37
The International Cotton Advisory Council (ICAC) expects world cotton stocks to decline to eighteen million tonnes in 2019-2020.
4 mar 2020 - 19:02
Trump administration continues to apply an “aggressive” strategy of launching new agreements while advocating changes in the World Trade Organization (WTO).
4 mar 2020 - 18:38
The Philippines is preparing a roadmap for the textile garment industry that will serve for the period of 2020-2029.
4 mar 2020 - 17:38
International giants fear that the stoppage imposed as a precautionary measure to the expansion of the coronavirus may affect their supply chains, according BDO.
3 mar 2020 - 18:08
Due to the outbreak of the virus, Mexican textile, the main hub in proximity to the United States, is starting to become a refuge to quickly cover an international demand.
3 mar 2020 - 09:00
Dumping, currency war, infrastructure, and raw materials are some of the tools used since 2001 by the Asian giant to control global fashion sourcing.
Modaes Global - Markets | Macroeconomic news related to the fashion business. All the news of macroeconomic indicators of the textile and fashion industry. - Modaes Global.
