This raw material is the least used in retail industry, in which polyester and cotton still leads the market. Automobile and electronic is currently exploiting global production of polyamide.
The Turkish government has initiated an investigation and restricted nylon imports temporary, based on the World Trade Organization’s (WTO) regulations.
Fashion business, one of the most global in the world, faces a changing environment, with an economic downturn and where protectionism threatens to mark the development of the two biggest world economies.
Ethiopian economy will be the one growing the most this year in sub-Saharan Africa, according to the International Monetary Fund’s (IMF) forecast, while Laos will lead the advancement in South-East Asia.
Fashion confronts twelve months of uncertainty, in which trade war, Brexit, populism and currency volatility will be key for the sector.
Negative reports by analysts have been constantly published in a year in which not even Inditex has managed to avoid the penalisation of the market. The reduction of margins, online growth and the sector’s transformation are all to blame: the stock market has turned its back on fashion’s listed titans.
Articles related to the fashion industry are yet outside this package, with which the Asian leviathan wants to favour the development of the new Silk Road.
The retail sales of clothing items, footwear and garment accumulate three positive months after dropping 0.6% in August, according to the last provisional data gathered by Office for National Statistics.
From extreme right in Brazil to historical elections in Cuba, the region ends an intense year regarding electoral matters with two possible scenes: integration or of protectionism
Turkey has managed to overcome politic and economic contingencies to evolve into a leading partner of fashion European companies for near-sourcing.
Ten years after the Lehman Brothers bankruptcy acted as the starting gun for the global recession, economists are now wondering if the world is ready to avoid a new collapse. The answer, as put by the IMF’s chief economist, is not comforting.
The peak of populist movements, with protectionism as a rising trend, threatened to stop both the global commerce and the economy. According to experts, the worst background would be stagflation (inflation but with economic stagnation) or, in the words of IMF chief economist, a “poorer and more dangerous” world.
Australia, which produces 88% of the wool consumed by the fashion industry, is suffering the consequences of an unprecedent drought that is severely affecting pastures.
Eight out of ten countries in the ranking elaborated by the United Nations Conference on Trade and Development (UNCTAD) are European, except Singapore and New Zealand.
The French market, destiny of 12% of Spanish garment articles, clothing items, footwear and complements exports, could slow down its growth rate if the protests that have taken place during these weeks persist or expand.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.
