Market Data

China Strengthens Lead in Textile Value Addition

China has reinforced its global leadership in textile value addition, with yarns and fabrics accounting for nearly half of its…

2 months ago

Bangladesh Defies Predictions as Apparel Exports to U.S. Rise by 26.62% in a decade

Despite forecasts of a steep downturn, Bangladesh’s apparel exports to the United States have strengthened over the past decade, underscoring…

2 months ago

Lenzing Cuts 600 Jobs in Austria Amid Strategic Shift to High-Performance Fibres

Austrian fibre producer Lenzing AG said it is refining its strategy to strengthen competitiveness and profitability in what it called…

2 months ago

H&M Q3 profit jumps 40% but warns on tariffs

H&M reported a 40% rise in third-quarter operating profit, supported by cost savings, stronger margins and successful collections. The Swedish…

3 months ago

German Business Sentiment Slips Sharply in September

German business sentiment deteriorated in September as the ifo Business Climate Index fell to 87.7 from 88.9 in August, a…

3 months ago

EBRD Raises Türkiye’s 2025 Growth Forecast to 3.1%

The European Bank for Reconstruction and Development expects Turkiye’s economy to grow by 3.1% in 2025, raising its earlier forecast…

3 months ago

Luxury Brands Struggle to Connect With Gen Z Consumers

Luxury brands are facing mounting pressure as Generation Z consumers reshape the global fashion market, demanding authenticity, affordability and sustainability.…

3 months ago

Asia Textile Chemicals Market to Soar to USD 28.5 Billion by 2035

The Asia textile chemicals market is on track for a decade of robust expansion, with its value projected to jump…

3 months ago

Materials Market Report: Are We Really Making Progress?

Global fibre production reached a new record in 2024, with volumes climbing to around 132 million tonnes, according to the…

3 months ago

U.S. Shoe Importers Face $2 Billion in Extra Tariffs in 2025

U.S. shoe importers are on course to pay an extra $2 billion in tariffs this year, according to the Footwear…

3 months ago