125% US tariff forces apparel importers to rethink China dependency
The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In…
M&S expands footprint in North West with new openings and upgrades
M&S announced a £50million (~$64.7 million) investment in stores across the North west of England for the year ahead, creating 300 jobs and 100,000 total new square footage across its…
Bangladesh to gain in US cotton trouser market amid China tariff
Men’s cotton trousers, overalls, and shorts (HS 620342) form a significant segment in the global apparel trade, driven by the versatility and comfort of cotton. These garments enjoy steady demand…
Honduras to gain from US tariff on Chinese MMF jerseys & pullovers
Man-made fibre jerseys and pullovers (HS 611020) have experienced significant growth in global trade, driven by their durability, comfort, and versatility. While cotton-based garments continue to dominate, man-made fibre alternatives…
Kontoor brands sees steady revenue of $2.61 bn in FY24
American clothing company Kontoor Brands has generated a revenue of $2.61 billion in full fiscal 2024, ended December 28, remaining consistent with the prior year. The company reported a gross…