Economy News
Economy News
India Achieves 7% Growth in Textile Exports
India's textile exports, including handicrafts, recorded a 7% increase from April to December 2024, reinforcing the country’s position as a key player in the global textile market. Minister of...
Economy News
UAE and Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion
The UAE and the Central African Republic (CAR) have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at...
Economy News
NCTO Expresses Concern Over President Trump’s Tariffs on Mexico and Canada
The National Council of Textile Organizations (NCTO) has raised serious concerns regarding the Trump administration’s recent decision to...
Africa
Africa’s Economic Challenges: An Opportunity for Transformation, Says UNCTAD
Africa’s economic struggles, marked by dependency on volatile global markets, infrastructure deficits, and escalating debt, offer a unique...
Economy News
EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU
The European Commission’s latest communication on e-commerce highlights growing concerns over direct-to-consumer imports via online marketplaces. EURATEX supports...
Rieter and the Johann Jacob Rieter Foundation Sponsor Professorship for Artificial Intelligence at the ZHAW
The Rieter Group is constantly expanding its technology leadership. Together with the Johann Jacob Rieter Foundation, the company is therefore supporting a new Endowed...
EURATEX Response to the Latest EU Energy Council Decision
More ambition and joint European efforts are needed
Brussels, 4 October 2022 – On Friday 30 September, the EU Energy ministers approved a Council Regulation...
Turkish Textile Companies and Government Support
In the last decade, Turkish textile companies have been able to make great progress in the textile industry and enter vast export markets in...
Inflation Import Vs. Textile Imports
By: Seshadri Ramkumar, Professor, Texas Tech University, USAAs inflation reached near double digits recently reaching a 40-year high, national banks like the United States’...
THE GREEN COLLECTION is the centrepiece of DOMOTEX 2023
THE GREEN COLLECTION creates space for sustainable productsTHE GREEN COLLECTION is the centrepiece of DOMOTEX 2023. This special show is the central area in...
MODERN AND URBAN: THE REINTERPRETATION OF WORKWEAR
Technique and Fashion come together in Vittorio Branchizio's design
NEW HORIZONS
The 90th edition of Pitti Immagine Filati, was a scene of novelties for the world...
Cameroon joins Africa Finance Corporation to boost manufacturing investment
Cameroon officially became yesterday September 22, 2022, the 36th member of the Africa Finance Corporation (AFC). The latter is a multilateral financial institution established...
Turkish exports to Egypt break record in Jan.-Aug.
Türkiye’s exports to Egypt reached an all-time high from January through August with $2.8 billion (TL 51.10 billion), according to an Anadolu Agency (AA)...
Trade with Africa exceeds $520m in 4 Months
Iran traded 890,287 tons of non-oil commodities worth $526.35 million with African countries during the first four months of the current Iranian calendar year...
The Hams Group selects Coats Digital’s FastReactPlan to meet growing demand for smaller order quantities and more styles
By streamlining business-critical information into a single digitised source, FastReactPlan will significantly optimise data visibility across relevant teams; increase efficiencies and help to mitigate...