Business

Nordic Council adopts new roadmap for transparent fashion industry

The Nordic Council has adopted a new recommendation urging Nordic governments to strengthen sustainability standards across the fashion and textile industry. The move aims to improve transparency, reduce greenwashing,...

Kontoor to sell Lee brand to Authentic in $1 billion deal

Kontoor Brands has agreed to divest the Lee brand to Authentic Brands Group in a deal worth up...

Why are stakeholders divided over Bangladesh’s labour reforms

Bangladesh’s labour law amendments are widely seen as one of the country’s most important reforms in recent years,...

| US T&A imports fall 11.9% by volume in Q1, exports also decline

United States (US) recorded an 11.93 per cent year-on-year decline in textile and apparel import volumes across all...

India’s textile & apparel export down 3.4% to $2.88 bn in April 2026

India’s textile and apparel exports declined 3.42 per cent in the first month of fiscal 2026-27 (April-March). Apparel...
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Bangladeshi firms see huge response in Texworld USA

Bangladeshi companies witnessed huge response from buyers in the three-day trade show, Texworld USA: Apparel Sourcing USA 2023,held from January 31 to February 2...

International standard CETP essential for leather sector: FBCCI president

The FBCCI president believes that compliance and certification are essential to developing the Bangladeshi leather and leather products globally Federation of Bangladesh Chambers of Commerce...

UK inflation edges down but food prices surge

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on...

Investment in RMG accessories slows

The investment in the garment accessories sector stands at $5 billion now with more than 1,900 factories operating and supplying almost all the required...

Walmart earnings exceeding in recent times

Walmart, the largest retailer in the United States, has beaten the earnings forecasts of analysts for the second quarter of the year, despite having...

The Exchange Rate System and Its Impact on the Garment Sector

Forrest Cookson PhD Over the past year the foreign exchange management has changed with a substantial depreciation of the currency.  There is still no stability...
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