Despite high inflation and the Fed maintaining elevated interest rates, US retail sales increased unexpectedly in March, rising by 0.7 per cent MoM.
This increase can be attributed to higher wage growth,
From January-March 2024, China s exports of textiles, garments and accessories rose to $65.910 billion, a 2.00 per cent increase from previous year.
This growth included a 1.4 per cent rise in garment
Vietnam s textile and garment exports increased by 8.8 per cent to $7.820 billion in the first quarter of 2024, with US being the largest market.
Yarn exports also rose, with China as the top buyer.
In FY24, Japan s imports of clothing and accessories fell to 3,564,850 million yen, accounting for 3.3 per cent of total imports.
Following months of decline, a February surge indicated improved retail
In 2023, Ireland imported 4.65 per cent of its apparel from Vietnam, valued at $117.090 million, making Vietnam its sixth-largest supplier.
Despite a fluctuating trend in previous years, Ireland s apparel