Markets

h By C. J.

Dec 13, 2019 — 8:54am

EU-Mercosur trade agreement: one billion market for fashion

The agreement signed last summer puts an end to the commercial isolation of Latin America. Trade between the two regions represents 100 billion euros per year.

h By C. J./ D. G.

Dec 12, 2019 — 8:57am

Decarbonization and circularity: how does the European Green Deal affect fashion?

Between Thursday and Friday, the European Commission will approve the European Green Deal, which aims to implement measures to make Europe climate neutral.

h By C. J.

Dec 11, 2019 — 8:54am

What is the Fashion Industry Charter for Climate Action and who’s in it

Organized by the United Nations (UN), companies like H&M, Inditex and GAP commit to fight against climate change.

h By mds

Dec 10, 2019 — 5:42pm

Fashion manufacturing falls in Prato for the first time in 20 years

Fashion manufacturing in Prato dropped 3.1% in the first nine months of the year, according to data from Cofindustria Toscana Nord.

h By C. J.

Dec 10, 2019 — 8:54am

Fashion calls for oxygen: 19% of the companies refinanced debt

About 32% of companies in the sector have dropped their profit in the last fiscal year, according to the Global Fashion Drivers 2019 report.

h By mds

Dec 9, 2019 — 8:19am

Mexican Black Friday El Buen Fin drives 45% increase in online sales

During the weekend, 61% of Mexican customers bought online, according to the Mexican Association of Online Sales (Amvo).

h By C. J.

Dec 5, 2019 — 8:57am

Emerging economies: Argentina, Ukraine and Turkey in risk amidst crisis

Amongst a possible economic recession, trade war and Brexit, Switzerland, Australia and New Zealand are that will see less the consequences.

h By Mds

Dec 3, 2019 — 5:00pm

Trump responds to the Google tax: France could face 100% tariffs

Donald Trump threatens to set tariffs as high as 100% on certain French imports valued at 2.4 billion dollars, including bags and cosmetic products.

h By Christian De Angelis/ Carmen Juárez

Dec 3, 2019 — 9:00am

Fashion geopolitics: winners and losers in the global arena

Between 2018 and 2022, India, Ukraine and Argentina will be the markets where the sector will grow the most, while Venezuela, Egypt and France will be the three where sales will fall the most.

h By mds

Dec 2, 2019 — 4:31pm

China manufacturing, first rise in six months amidst a possible deal with US

After six months on the low, the official Purchasing Manager Index (PMI) stood at 50.2 points, up from the 49.3 points in October.

h By mds

Nov 29, 2019 — 5:27pm

Agreement to raise cooperation between textile clusters in Europe

The collaboration has been signed between EU-Textile2030, the European cluster of advanced textile materials and Tex4im, the consortium that reviews the smart specialization strategy in Europe of the sector.

h By mds

Nov 29, 2019 — 4:00pm

Ethiopia garment unions agree for collective action

Leaders from the factory unions in Ethiopia’s textile and garment sector met this week in Addis Ababa.

h By mds

Nov 28, 2019 — 6:35pm

European Union declares climate emergency

The European Parliament has approved an institutional declaration warning of the need to act quickly. Europe is the first continent to declare this.

h By mds

Nov 28, 2019 — 6:17pm

Trade war hits fashion: sales in the US will fall 5% in 2020

According to Moody’s latest report, tariffs on Chinese imports will affect clothing and footwear retail in the American market between the next twelve and eighteen months.

h By mds

Nov 28, 2019 — 5:03pm

Luxury speeds up: will grow 8% in 2019

The sector is estimated to reach 1.26 billion euros by the end of this year, according to the Worldwide Luxury Market report by Altagamma and Bain&Company.

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