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E-commerce & luxury segments drive fashion industry's FY23 performance

In FY23, Hanesbrands and Delta Galil showed sales declines, while Marimekko and Ludwig Beck reported growth.
E-commerce giants like Showroomprivé and Zalando had mixed results, with Zalando showing moderate ....

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Vietnam's textile & garment exports rise 13.4% in Jan-Feb 2024

In Jan-Feb 2024, Vietnam s textile and garment exports increased by 13.4 per cent YoY to $5.157 billion, despite a month-on-month decline in February.
The US, Japan, and South Korea were key markets. ....

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South Korea's apparel imports from Vietnam ease 7.7% to $3.4 bn

In 2023, South Korea s apparel imports from Vietnam declined by 7.75 per cent to $3.443 billion, influenced by economic uncertainty.
Despite a decrease from $3.733 billion in 2022, Vietnam remains South ....

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Turkiye's textile industry seeks growth in US through WRAP alliance

A new partnership between Turkiye and WRAP aims to boost Turkiye s textile industry in the US market, focusing on sustainability standards.
Despite exiting the US Generalized System of Preferences in ....

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France's new apparel policy to discourage fast fashion consumption

The fast fashion industry, which is projected to reach $150 billion by 2025, thrives on low-cost, trendy clothing, attracting consumers worldwide despite environmental concerns.
France is combatting ....

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