07/Sep/2018
India’s imports of readymade garments from Bangladesh grew 56 per cent during July-November 2017 over the same period previous year. Knitted apparel imports from Bangladesh rose 69 per cent, while women’s apparel imports grew 51 per cent.
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07/Sep/2018
Spain’s Inditex SA plans to sell Zara and other brands online anywhere in the world within two years. The goal implies doubling Inditex’s global footprint, as it now has stores in 96 countries and e-commerce in about half of those. The retailer is setting the goal amid growing investor concern about stronger competition from upstart rivals and as web sales threatens to erode profit margins. Morgan Stanley analysts have warned the company that its rankings have dropped from great to good while Credit Suisse stated its growing shift to online sales isn’t as beneficial as traditional store expansion. Inditex shares have dropped 14 percent this year. E-commerce is the source of 10 percent of its sales, having grown more than 40 percent last year.
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07/Sep/2018
Year over year, imports of textiles from around the world grew 11.2% to 3.64 billion SME, while apparel exports were up 2.2% to 2.6 billion SME in July as retailers prepare to stock up for crucial fourth quarter selling.
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02/Sep/2018
"As per the Cotton Advisory Board (CAB), cotton production in India in the current season (2017-18) is expected to touch 37 million bales growing at 7.25 per cent. The northern zone produced 4.6 million bales of cotton during 2016-17, registering a growth of 28.67 per cent. And Haryana emerged the topmost cotton producing state with a production of 2.05 million bales of cotton.
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28/Aug/2018
The automobile industry in Canada, for instance, appears to be broadly supportive of the deal, calling it progress toward a new North American Free Trade Agreement.
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31/Aug/2018
European Union's of trousers imports in volume jumped 7.82 per cent during the first five months of 2018. The value, however, declined by 1.16 per cent. The fall in value is possibly due to low unit prices offered by all top exporting hubs such as China, Bangladesh, India and Vietnam.
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27/Aug/2018
President Trump said on Monday that the United States and Mexico had reached an accord to revise key portions of the North American Free Trade Agreement and would finalize it within days, suggesting he was ready to jettison Canada from the trilateral trade pact if the country did not get on board quickly.
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29/Aug/2018
The White House is finalizing details of a new free trade deal with Mexico to replace the North American Free Trade Agreement — with or without Canada.
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29/Aug/2018
The IZOD brand focuses primarily on wholesale after PVH Corp. closed its retail division and all 120 retail outlets in 2015. The expansion into Europe comes just months after the relaunch of IZOD’s new women’s clothing line in partnership with Sports Products of America, announced last year. PVH Corp. now hopes to fill a hole in the European mid-range apparel market with its latest move.
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