Canada’s Blanket and rugs Imports Halve in Q1 2025 Amid Trade Slowdown
Canada’s imports of blankets and travelling rugs dropped sharply by 50% in the first quarter of 2025 compared to the same period last year, according to trade data highlighted by…
EU Moves to Simplify Sustainability Reporting and Due Diligence to Enhance Competitiveness
European Union (EU) member states have agreed on a negotiating mandate to streamline sustainability reporting and corporate due diligence rules, aiming to cut red tape and boost the region’s global…
UK Manufacturing Output Slides Again in Q2, but Outlook Brightens Slightly: CBI
Manufacturing output volumes in the UK continued to decline in the quarter to June, falling at a similar pace to the previous quarter, according to the latest Industrial Trends Survey…
China’s Textile Dominance Reshaping Africa’s Fashion Future
China’s expanding textile influence is significantly altering the landscape of Africa’s fashion and apparel industry. Backed by over $760 million in investments since 2013, Chinese textile giants have tightened their…
US-India Trade Deal May Shrink India’s Surplus, Boost Energy and Textile Imports: CRISIL
The ongoing negotiations for a US-India Bilateral Trade Agreement (BTA) are expected to reduce India’s goods trade surplus with the United States, according to a recent analysis by CRISIL, a…
US Manufacturing Expands in June Despite Export Slump and Tariff-Driven Inflation Surge
US manufacturing activity continued its expansion in June 2025, though at a slower pace, amid declining exports and intensifying inflationary pressure—mainly driven by new tariffs. The S&P Global US Manufacturing…
Dutch Economy Records Stronger Growth in Q1 2025 Amid Upward Revisions
The Dutch economy posted a 0.4% growth in the first quarter (Q1) of 2025 compared to the previous quarter, according to the second estimate released by Statistics Netherlands (CBS). On…
Mayer & Cie. Unveils Control 5.0: A Smart Leap for Circular Knitting
Mayer & Cie., a global leader in circular knitting technology, has introduced Control 5.0, its next-generation machine control system designed to usher textile manufacturing into the digital age. Available immediately…
Karl Mayer Secures Major Patent Win in China
German textile machinery pioneer Karl Mayer Group has achieved a significant legal victory in China by successfully defending its patent against a local competitor. The company initiated legal action against…
Business Sentiment in Germany Shows Improvement in June 2025
Germany’s business climate improved in June 2025, with the ifo Business Climate Index rising to 88.4 from 87.5 in May—its highest point since June 2024. This uptick reflects growing optimism,…
