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Second-hand clothing sector contributes $7.6 bn to EU27+ GDP: Report
The second-hand clothing sector—a crucial element in the shift towards a circular textile economy—contributed an estimated total of €7 billion (~$7.6 billion) to the...
Bangladesh’s Q1 FY25 exports up 5.04% YoY; garment exports up 5.34%
Bangladesh’s export earnings saw a 6.78-per cent ($220-million) year-on-year (YoY) growth in September this year to $3.51 billion, according to the Export Promotion Bureau...
US apparel prices rise, but consumer spending shows signs of slowdown
The Consumer Price Index (CPI) for garments increased by 0.6 per cent in September, both month-over-month and year-over-year, as per Cotton Inc. This places...
Kyaw Sein Thay Dolly becomes ‘Outstanding Woman in Business 2023’ at 22nd Bangladesh Business Awards
Kyaw Sein Thay Dolly, Managing Director, Cloths "R" Us Ltd. has been recognized as ‘Outstanding Woman in Business 2023’ at the 22nd Bangladesh Business Awards. Notably, Kyaw...
Meghna Group partners with Tam Hangers to launch sustainable hanger production in Bangladesh
Meghna Group has partnered with Turkey’s Tam Hangers to establish Tam Hangers Bangladesh Limited, aiming to produce plastic garment hangers for export. Tam Hangers...
India’s RMG exports see 11% YoY growth in Aug 2024: Textiles ministry
India’s readymade garments (RMG) exports saw an 11-per cent year-on-year (YoY) growth in August this year, the textiles ministry said.
The domestic textile sector is...