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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…
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…
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Demand increases significantly, cotton yarn prices rise in Pakistan
In the past week, yarn prices in Pakistan have continued to rise, textile production has continued to recover, raw material prices have stabilized, and yarn mill profit margins hav…
Egypt extends anti-dumping duties on Chinese chemical fiber blanket products
Recently, the Egyptian Ministry of Trade and Industry issued an announcement, deciding to extend the anti-dumping duties on chemical fiber blanket products imported from China for …
GF Futures: Analysis on the transfer trend of the global textile and apparel industry chain
In recent years, the flow of global textile and apparel trade has quietly changed. As the largest textile exporter and apparel exporter, China occupies an important link in the ind…