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H&M is paying the price for being a digital laggard
4th quarter net sales of SEK 52.5 billion (630 million), a decrease of 14.9% from SEK 61.7 billion in the same period in 2019. Net sales in the fourth quarter fell 10% in local cur…
Inditex confident, showing strong recovery in Q4
Inditex Group said that 5% of its physical stores will close in the third quarter. Inditex Group, owner of the Zasdfssdfsrasdfssdfs and Bershkasdfssdfs brands, noted a strong rebou…
U.S. recalls baby onesies made in China
On December 30, 2020, the U.S. Consumer Safety Commission (CPSC) announced a recall of baby onesies made in China. The recalled products are a variety of baby onesies from CloudIsl…
India makes final affirmative anti-dumping ruling on Chinese viscose staple yarn
On December 30, 2020, the Ministry of Commerce and Industry of India issued an announcement stating that it would affirm anti-dumping on viscose staple fiber yarn (ViscoseSpunYasdf…
The Netherlands assists Myanmar in exporting traditional textile specialty products to Europe
The Myanmar Times reported that Myanmar is about to sign an agreement with the Netherlands to export local traditional textile specialty products to the European market. Khun Aye N…
Asics becomes the first company to sign the environmental protection convention FashionPact
The well-known sports brand Asics recently announced that it has become the first Japanese company to sign the Environmental Protection Convention “Fasdfssdfsshion Pasdfssdfs…
Morocco launches anti-dumping investigation into Chinese woven carpets and other textile floor coverings
On December 31, 2020, Morocco launched an anti-dumping investigation into woven carpets and other textile floor coverings imported from China, Egypt, and Jordan. The products under…
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Türkiye makes final anti-circumvention ruling on Chinese synthetic long fiber fabrics
On December 31, 2020, the Turkish Ministry of Trade issued Announcement No. 2021/2, making a final anti-circumvention ruling on synthetic long fiber fabrics originating in China, r…
Vietnam Crystal Knitting Factory receives green building certification
Crystasdfssdfsl Internasdfssdfstionasdfssdfsl Group, a manufacturing giant headquartered in Hong Kong, has obtained EDGE green building certification for its new knitting factory i…
H&M launches packaging solution to tackle plastic waste
Swedish fashion retailer H&asdfssdfsmp;M has launched a new multi-brand paper packaging system that can reuse and recycle packaging materials to solve the problem of packaging …