H&M stands by Bangladeshi suppliers, no discounts on delayed orders

H&M stands by Bangladeshi suppliers, no discounts on delayed orders

August 13, 2024

By Akhi Akter 7th August, 2024 12:05 PM The Bangladeshi garment industry, a major supplier for global fashion brands, has faced significant challenges recently. Internet disruptions and political unrest have caused delays in production and shipping, complicating communication between...Read More

Indicators Suggesting a Potential Bottom in Cotton Prices Amid Decline and Market Adjustments: A Detailed Analysis

Indicators Suggesting a Potential Bottom in Cotton Prices Amid Decline and Market Adjustments: A Detailed Analysis

August 13, 2024

12th August 2024, 01:00 pm Cotton prices have declined over 35% since February 2024 but are showing signs of bottoming. Hedge fund positions are at a 5-year low, similar to conditions before a significant rally in 2019. Cotton’s % carry yield is near its lowest level in the past year,...Read More

Textile stock hits 20% upper circuit after receiving export order worth ₹ 115.50 Cr

Textile stock hits 20% upper circuit after receiving export order worth ₹ 115.50 Cr

August 13, 2024

By Vaibhav Patil  Trade Brains 12th August, 2024 | 2:05 pm The shares of this microcap company locked a 20 percent upper circuit in Monday’s trading session after receiving an export order worth Rs. 115.50 crores.  The company was listed on the NSE SME on February 23,...Read More

The LYCRA Company Makes Significant Progress on Decarbonization Plan with SBTi Approving Near-Term Emissions Reduction Targets

The LYCRA Company Makes Significant Progress on Decarbonization Plan with SBTi Approving Near-Term Emissions Reduction Targets

August 12, 2024

Published on 5th August, 2024   Wilmington, Delaware. The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and personal care industries, has announced that the Science Based Targets initiative (SBTi) has approved its...Read More

Bangla crisis: Yarn mills in Rajasthan's Bhilwara grind to a halt

Bangla crisis: Yarn mills in Rajasthan's Bhilwara grind to a halt

January 01, 1970

For years, Bhilwara has exported 50 per cent of its yarn and denim to Bangladesh, but now it is facing severe disruptions due to recent tensions in the country. By Rajesh Asnani Updated on: 11th August 2024, 8:24 am 2 min read JAIPUR: The political mess in Bangladesh has created a massive...Read More

Superdry launches new Pune store in Phoenix Mall of the Millennium

Superdry launches new Pune store in Phoenix Mall of the Millennium

August 09, 2024

By Isabelle Crossley 8th August, 2024 Apparel and accessories brand Superdry has launched a 2,437 square foot store in Pune to bolster its growing retail presence in Maharashtra. Located in the city’s Phoenix Mall of the Millennium, the exclusive brand outlet has a youthful, sporty...Read More

Gokaldas Exports sees revenue go up but profits go down in FY25 Q1

Gokaldas Exports sees revenue go up but profits go down in FY25 Q1

August 09, 2024

By Isabelle Crossley 8th August, 2024 Reading time: 2 minutes Apparel manufacturing business Gokaldas Exports saw its consolidated revenue increase significantly to total Rs 939.7 crore in the first quarter of the 2025 financial year but profits after tax were down at Rs 27.2 crore during...Read More

Archroma secures gold EcoVadis sustainability rating

Archroma secures gold EcoVadis sustainability rating

August 08, 2024

8th August, 2024 Press Release By GTS_NewsFeed Pratteln, Switzerland, Archroma, a global leader in specialty chemicals towards sustainable solutions, has been awarded a Gold rating by EcoVadis, the global rating agency for sustainability performance. This consolidates Archroma’s...Read More

Global apparel companies with exposure to key suppliers in Bangladesh

Global apparel companies with exposure to key suppliers in Bangladesh

August 08, 2024

Desk Report 6th August, 2024 2:23 PM The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season.   The country has been gripped by...Read More

Political upheaval in Bangladesh sees factories close and supply chain chaos

Political upheaval in Bangladesh sees factories close and supply chain chaos

August 07, 2024

By Bangladesh correspondent  6th August 2024 Bangladesh supply chains are experiencing chaos from the worsening civil disorder, with factories having been shuttered for two days and exports forced almost to a halt. Customs process remain all but suspended as shipments through seaports...Read More

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