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The global fashion business journal

Jul 24, 20242:36am


Mar 11, 2020 — 8:55am
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. 
h By mds
Mar 10, 2020 — 7:00pm

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.

h By mds
Mar 10, 2020 — 6:00pm

Year-on-year, the economy of the eurozone grew by 1%, while the whole European Union expanded 1.3%.

h By C. J.
Mar 10, 2020 — 8:00am

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.

h By Mds
Mar 9, 2020 — 7:00pm

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.

h By mds
Mar 9, 2020 — 4:50pm

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.

h By MDS
Mar 9, 2020 — 7:00am

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.  

Mar 6, 2020 — 8:49am

The movement of orders to countries of the Euro-Mediterranean pool is triggering a rise in prices from the part of suppliers.

h By MDS
Mar 5, 2020 — 4:10pm

The United Nations Organization (UN) also estimates that the impact of the crisis on total exports reaches 50 billion dollars.

h By P. R / I. P. G
Mar 5, 2020 — 9:00am

The transfer to the Asian country of large productions with broken deadlines owing to the crisis in China is causing great chaos in Bangladesh.

h By MDS
Mar 4, 2020 — 7:37pm

The International Cotton Advisory Council (ICAC) expects world cotton stocks to decline to eighteen million tonnes in 2019-2020.

h By MDS
Mar 4, 2020 — 7:02pm

Trump administration continues to apply an “aggressive” strategy of launching new agreements while advocating changes in the World Trade Organization (WTO).

h By MDS
Mar 4, 2020 — 6:38pm

The Philippines is preparing a roadmap for the textile garment industry that will serve for the period of 2020-2029.

h By MDS
Mar 4, 2020 — 5:38pm

International giants fear that the stoppage imposed as a precautionary measure to the expansion of the coronavirus may affect their supply chains, according BDO.

Mar 3, 2020 — 6:08pm

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.

News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.