The European Commission has activated a new phase of the process of withdrawal of tariff benefits for this Asian country, the one that made the most progress in the implementation of collective bargaining in textiles.
The region that grows the most in the globe faces major challenges after years of rapid development: from the ageing of the population to the transformation of its economic model.
The largest groups of fashion distribution face a complex scenario in the first links in the value chain, that is, supply. The wages increase in Bangladesh puts even more pressure to the margins and leaves no way out: Ethiopia is far from the Asiatic country.
The last forecasts of the International Cotton Advisory Committee (Icac) point out that at the end of the 2018-2019 campaign, China will be again the world’s largest producer of this raw material.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.