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/Finance Bangladesh’s garment exports are particularly eye-catching
According to Bangladesh’s “Financial Express” report on July 3, Bangladesh’s commodity export revenue has maintained strong growth momentum in the just-concluded fiscal year 2021/22, wit…
H&M is now profitable, but pressure remains heavy
Due to the success of Swedish affordable fashion company H&M’s market strategy, sales of original-priced goods increased and sales of discounted goods declined. The company’s latest financial re…
The futures market closed in early trading. Staple fiber rose by .%, cotton yarn fell by .%, and Zheng cotton fell by .%.
Today’s futures market closed in early trading, with the main domestic futures contracts rising or falling. Ethylene glycol (EG) 2209 rose 2.11% to 4449 points; PTA 2209 rose 0.41% to 6412 points; staple …
Xinjiang cotton ban enters Asia, Bangladesh receives notice
According to foreign reports, Bangladesh’s clothing exports to the United States may be hit due to the United States’ restrictions on goods from China’s Xinjiang region. Prior to this, the Bangladesh Garment Bu…
UK provides 10,000 pounds to support construction of garment factory in Jordan
UK Export Finance has signed a £66 million ($80 million) agreement to support the construction of four new garment factories in Aqaba, Jordan. UK Export Finance (UKEF) recently announced this deal to promote th…
The East African Community implements a common external tariff with a maximum rate of %
On July 4, 2022, the Ministry of Commerce website reported that Tanzania’s mainstream media “The Citizen” reported on July 2 that on July 1, the East African Community officially implemented a…
Vietnam exports yarn, 10,000 tons
In June 2022, Vietnam’s textile and clothing exports reached US$3.586 billion, a month-on-month increase of 13.11%, a year-on-year increase of 17.03%; the exported yarn was 131,200 tons, a month-on-month …
Morocco makes final ruling on anti-dumping case against Chinese woven carpets and other textile floor coverings
Recently, the Moroccan Ministry of Industry and Trade issued an announcement to make a final ruling on the anti-dumping case of woven carpets and other textile floor coverings originating in or imported from Ch…
European clothing chain C&A Serbia closes stores and goes bankrupt
Serbian N1 TV reported on July 7 that the Serbian company of European clothing chain C&A stated that it declared bankruptcy because the company “became the target of organized customs fraud by unknown…
Sri Lanka fuel shortage worries apparel exporters
Sri Lanka’s fuel shortage has caused concern among garment exporters, who are already facing crisis pressure as the industry is closely linked to the economy. According to a BBC report, Sri Lanka’s Minist…