Shein IPO Slashes Valuation 70% as Fast-Fashion Model Faces Pressure
Shein has launched its long-awaited initial public offering in Hong Kong at a valuation of up to $27 billion, about 70% below its peak private-market valuation, highlighting growing pressure on…
Namibia Eyes Ghanaian Textiles to Close Manufacturing Gap
Namibia's High Commissioner to Ghana, Ndiyakupi Nghituwamata, has called for deeper industrial cooperation with the Association of Ghana Industries (AGI), citing Ghana's textile capacity as a potential remedy for Namibia's…
Shengtai Advances $229M Green Textile Park in Morocco
Chinese textile manufacturer Shengtai Intelligent Manufacturing Group has cleared two key regulatory hurdles in China for a green textile industrial park in Morocco valued at up to 2.29 billion dirhams,…
Canada Apparel Braces for 50% U.S. Tariff Threat
Canada's apparel and textile sector is bracing for potential U.S. tariffs of up to 50% after Washington pushed back the effective date of its Section 338 duties by three days,…
Yarn Expo Autumn 2026 to Spotlight Next-Gen Fibres
Yarn Expo Autumn 2026 will bring nearly 600 exhibitors from 14 countries and regions to Shanghai from Aug. 25-27, highlighting advanced fibres, sustainable yarns and material innovation for the global…
Saitex Reports 22% Efficiency Gains, Faces Living-Wage Gap
Vietnam-based denim manufacturer Saitex reported lower electricity and emissions intensity across its apparel and fabric mill operations in its 2025 Impact Report, even as water, wastewater, steam and gas use…
Asian Imports Push Brazil’s Footwear Trade Into First-Ever Deficit
Brazil's footwear industry posted its first monthly trade deficit since record-keeping began in 1997, as surging Asian imports and falling exports pushed the sector into negative territory in July, according…
HOLD Hosts Bangladesh’s First Dedicated AI Summit in Dhaka
The House of Learning & Donating (HOLD), a social organisation dedicated to advancing learning and supporting underprivileged communities, today hosted the MY WINDOW Presents HOLD AI Summit 2026, Powered by…
Intex-InMac Sri Lanka 2026 Draws 7,889 Trade Visitors
An international textile sourcing and garment machinery exhibition in Colombo drew 7,889 trade visitors from more than 18 countries and regions, highlighting growing industry interest in technology, automation, sustainability and…
TIE-ITET Innovation & Research Cell Formed To Increase Competitiveness Of T&A Industry
Textile Innovation Exchange (TIE) and The Institution of Textile Engineers and Technologists (ITET), Bangladesh, have signed an In-Collaboration Agreement to establish the TIE–ITET Innovation & Research Cell, creating a structured…