Europe’s soaring energy bills put fashion industry in trouble
Rising energy costs challenge European fashion industry Forcing European steel mills and aluminum The energy crisis, with smelters closed, is now affecting the continent’s fashion industry. In 2022, due t…
Zara sells business in Russia
Inditex, the parent company of Spanish clothing brand Zara, announced on October 25 that it will sell all stores in Russia. The company stated that it has reached a preliminary consensus to sell its business in…
Cotton prices rise in northern India, cotton yarn prices fall in Delhi
Foreign news on October 28, the cotton yarn market in northern India showed a bearish trend on the first trading day after Diwali. Trading volumes in various markets were low due to the absence of traders. The …
ITMF survey shows poor operating performance of global textile industry
According to the 16th Global Textile Industry Survey (GTIS) released by the International Textile Federation (ITMF) on September 28, 2022, the operating conditions of the global textile industry deteriorated in…
Cotton prices in northern India fall amid seasonal sluggish downstream demand
Foreign news on October 31, since Diwali trading, cotton prices in northern India have fallen by 400-450 rupees per moend (37.2 kg). The price of cotton in Punjab is 6100-6200 rupees, Haryana 6100-6200 rupees a…
U.S. recalls Chinese-made children’s bathrobes
On October 13, 2022, the US CPSC announced a recall of Chinese-made children’s bathrobes. The recalled product is children’s bathrobes from Ekouaer. Product is made of 65% cotton and 35% polyester. …
U.S. recalls children’s pajamas made in China
On October 13, 2022, the US CPSC announced a recall of Chinese-made children’s pajamas. The recalled products are children’s pajamas of the Dots&DreamsDollie&Me brand. The product is made of 100% …
Canada implements recall of Chinese-made children’s clothing
On October 25, 2022, Health Canada announced a recall of Chinese-made children’s clothing. This product recall involves SpiritSignatureCollection children’s magical unicorn costumes with model numbers 014…
Cotton prices fall in southern India, traders expect cotton yarn demand to pick up
Foreign news on November 1st showed that after Diwali, cotton prices fell seasonally and demand remained weak. Cotton yarn prices in southern India fell by 5-12 rupees per kilogram. Limited purchasing activity …
Bangladesh textile factories yet to benefit from falling international cotton prices
According to Bangladesh’s “Business Standard” report on October 22, on October 21, the international cotton price was US$0.79/pound, which was similar to the high price of US$1.55/pound in May…