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Bangladesh’s ready-made garment exports fell .%
In the 12 months to June 2020, Bangladesh’s garment exports fell by 18.12%. Compared with the same period in 2019, garment exports dropped to US$34.1 billion. Bangladesh̵…
-Xinjiang exports textiles and clothing. 100 million yuan
According to Urumqi Customs statistics, from January to June 2020, the export value of textile yarn, fabrics and products at Xinjiang Port was 1.948 billion yuan, a year-on-year de…
Nike will lay off employees and adjust senior management to accelerate transformation in response to the epidemic
Global sporting goods supplier Nike Inc. said on July 11, 2020 that due to the impact of the new coronavirus epidemic, it would reduce manpower in various departments and announced…
Gap fully compensates suppliers for canceled orders
American ready-to-wear retailer Gasdfssdfsp Inc said the company will work with suppliers to fully compensate finished products and goods in production that are canceled or require…
U.S. garment industry calls for national mask use standards
The American Apparel and Footwear Association (AAFA) said: If we do not require widespread use of masks in enclosed public places, we are likely to face wider business closures. Th…
Ready-to-wear retailer Orsay to close stores in Switzerland
Orsassy ready-to-wear retailer headquartered in Willstassett, Germany, will close 22 stores in Switzerland. Prior to this, Orsasdfssdfsy also received government subsidies. Uniasdf…
European textile industry may lay off 10,000 people
A study by German trade credit insurance company Euler Hermes Group shows that more than 150,000 jobs in the European textile industry may not be guaranteed due to the impact of th…
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Vietnam exports yarn, 10,000 tons
In June 2020, Vietnam exported textile and clothing to US$2.602 billion, an increase of 39.37% from the previous month, and a decrease of 9.66% from the same period last year; expo…
JCPenney to lay off thousands of employees and close stores
JCPenney will lay off approximately 1,000 employees and close 152 stores. The U.S. retail giant plans to emerge from Chapter 22 bankruptcy protection and the COVID-19 pandemic as a…
Indian yarn prices continue to fall
In the past week, cotton prices in India have been stable, but yarn prices have continued to fall. 30-count pure cotton yarn has fallen by 6-7% in three months. The price of 100% v…