Iran’s garment exports reached over $113 million during the previous Iranian calendar year 1399 (ended March 20), registering a 99 per cent rise year on year, according to Afsaneh Mehrabi, director general of the weaving and garment industries department at the ministry of industry, mining and trade. The value of such exports in the year 1398 was $59 million. Speaking …

Sri Lanka’s Joint Apparel Association Forum (JAAF) is optimistic about the possibility of securing an industry-critical extension of the European Union’s generalised scheme of preferences plus (EU GSP+) programme following its third round of discussions with the ministry of regional cooperation on July 16 on reforms and strategy to secure the facility again. “We were pleased to learn that the …

The US Treasury Department has reached an agreement with the State Bank of Vietnam to address concerns it had over the southeast Asian country’s currency practices. The US treasury dropped Vietnam from its list of currency manipulators in April; a move seen as reassurance the US might not impose new tariffs, quotas or other restrictions on Vietnamese imports as part …

South Africa’s textile and garment sector is being undermined by illegal imports from China, unions have said, which are threatening the revival of the industry. Cheap Chinese imports have decimated the textile industries in Ghana, Nigeria, Uganda, and other countries, according to IndustriAll Global Union affiliates during an online meeting. In Ghana, only four out of 30 textile companies remain …

US retail sales saw solid growth during June, increasing in most categories on a monthly basis and across the board on a yearly basis, with demand for apparel continuing to rise as the recovery from the coronavirus pandemic continues. US clothing sales were up 2.6% month-on-month in June, according to data released by the US Census Bureau. Sales surged by …

A new United States Fashion Industry Association (USFIA) report has revealed rising costs are a top concern for US apparel companies in 2021. The latest United States Fashion Industry Association (USFIA) Fashion Industry Benchmarking Study found a surge in sourcing costs is a concern for 97% of apparel executives in 2021. Plus, sourcing costs are expected to increase further this …

India has extended its textile export rebate scheme on apparel exports until March 2024. India has received support for extending its Rebate of State and Central Taxes and Levies (RoSCTL) scheme on apparel exports until 31 March 2024 to boost the apparel industry following the Covid-19 pandemic. India credit rating agency, ICRA sees the step as providing stability and enabling …

Fast fashion production has doubled in the past 20 years ago, estimates a Business Insider report. The industry produces clothes equivalent to one garbage truck full of clothing waste in its single production cycle, says World Economic Forum. Notorious for its gross disregard for the environment, the industry contributes to high carbon emissions, water waste, and overall environmental pollution. A …

Economic relations between Bangladesh and France were affected last year by the COVID-19 pandemic. Bilateral trade last year came down to €2.76 billion, recording a fall of 15 per cent compared to 2019 figures, according to the embassy of France in Bangladesh. The total value of French imports from the country fell by 15 per cent in a year to …

A support scheme for British exporters at international trade shows has been scrapped by the Department for International Trade. The Tradeshow Access Programme (TAP) provided a small amount of financial support to SME companies attending major international trade shows.  The UK Fashion & Textile Association (UKFT) has called the move “catastrophic” and says the scheme had been “enormously important” for the …