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Orders return, Ruhong’s revenue hits record high
Benefiting from the return of orders, textile stock Wang Ruhong’s revenue in July was 2.733 billion yuan, an annual increase of 22% and a monthly increase of 42.5%, setting a…
Some textile companies in Vietnam have still not received the second half of orders from foreign customers.
According to the Vietnam Ministry of Industry and Commerce’s survey statistics on Vietnam’s textile industry, as of July 31, 2020, some textile companies in Vietnam have still not …
/Myanmar’s garment exports totaled US$1 billion
Global New Light of Myanmar reported that according to statistics from the Ministry of Commerce, in the past 10 months of the 2019/20 fiscal year, the export volume of garments man…
VFCorp opens first multi-brand retail store
American ready-to-wear giant VFCorp revealed plans to open its first multi-brand store this fall, a move that further promotes its strategy of becoming more consumer-conscious, ret…
Billion dollar tax product exclusion extension
On August 6, 2020, the Office of the United States Trade Representative announced a list of products with an extended exclusion period from the additional tariffs on US$200 billion…
The epidemic has not abated, but Vietnam’s second half of textile exports are still struggling.
According to the latest data released by the General Administration of Customs of Vietnam, Vietnam’s import and export trade volume in the first six months of 2020 was approximatel…
-Uzbekistan’s textile exports amounted to USD 100 million
Uzbekistan’s detailed website reported on August 10 that from January to July this year, Uzbekistan’s textile industry achieved exports of US$1 billion through measures such as ope…
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Seven major measures to develop supporting industries in Vietnam
Vietnam’s central government website reported on August 10 that the government recently issued Resolution No. 225/NQ-CP on promoting the development of supporting industries. The r…
Coronavirus hits sales hard, Puma falls into losses in first half
The new crown pneumonia pandemic has hit brand sales hard. Pumas’s sales in the first half of 2020 showed a net loss compared with the same period in 2019. Last year, it made…
Vietnam overtakes Bangladesh to become world’s second largest garment exporter
According to statistics from the Bangladesh Garment Manufacturers and Exporters Association, Bangladesh’s clothing exports from July 2019 to June 2020 were US$27 billion, and…