The uncertainty that has been installed in foreign trade for a couple of years has forced a shift towards mature markets that now show a slowdown in their economies and a break in their retail trade.
The Government of the country has launched a plan to develop its textile industry with the objective of becoming the next textile factory of the planet.
The attack on a major hub of Saudi Arabia’s oil production has shaken up the fashion industry. Short-term, companies fear a rise in logistic prices and, long-term, an even bigger effect on its main raw material: polyester.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.