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In recent years, the global trade of curtains has been rising with high growth rate. Total trade grew 10.14 per cent from 2016 to 2018, according to data from TexPro. The global trade of curtains was $8,146.26 million in 2016, which increased to $8,972.63 million in 2018. The total trade of curtains has risen by 5.29 per cent in 2018 over the previous year.Pic: ShutterstockFurther it is anticipated that the total trade will reach $10,372.09 million in 2021 with a CAGR of 4.95 per cent from 2018,
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Plastic pollution in this livable planet is like fast-spreading cancer. Affecting all segments – environmental, aquatic, living beings, and especially humans. Even with the growing call for sustainability, the efforts and pledges – the reuse of discarded plastic is insignificant.Figure 1: Md Enamul Haque, Managing Director, Expo Accessories Limited holding agarment accessories item made from renewable raw materials that are completely biodegraded in compost.Globally, annually 1.75 trillion of ga
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Zhejiang China Textile City markets will resume business on Feb 18.To ensure the effect of NCP epidemic preventation and market resumption, market suppliers and visitors need to make registration online in advance and then can apply for the badge with the approved online registration and valid ID at the enterance of the market. The online registration strats from Feb 15. Market suppliers and visitors can search"Smart Care CTC" on wechat, on the website or in the APP of "Online Tex
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A multi-stakeholder event titled ‘EU-Bangladesh Apparel Trade: A Time for a Reality Check’ was held at the European Parliament in Brussels on 5 February. Tomas Zdechovsky, Member of the European Parliament of the European People’s Party (MEP) in cooperation with the Bangladesh Embassy in Brussels hosted the program.Figure: State Minister for Foreign Affairs Md Shahriar Alam speaking at a multi-stakeholder event titled “EU-Bangladesh Apparel Trade: A Time for a Reality Check” held at the European
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Image Courtesy: francescas.comFrancesca’s Holdings Corps., US-based apparel firm, has appointed Andrew Clarke as its new President and Chief Executive Officer (CEO).Andrew, reportedly, will assume his office with effect from 9 March 2020.In a statement released to media, the company announced that Andrew will be succeeding Michael Prendergast.Andrew, with a rich experience of 25 years in retail especially in apparels, was working till recently as the President of Loft – a well-known clothing lab
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Image Courtesy: Livemint.comMarks &Spencer,in collaboration with Signify, leader in connected LED lighting system, software and service,has rolled out Interact Retail System that will allow the retailer to manage its lighting for different storesthrough a single dashboard.The retailer will now be able to monitor energy consumption for different storesand optimise the light and energy settings. Moreover, the data collected will assist the maintenance team to receive immediate insights into th
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Irish textile firm Union Street (Lurgan) will open a yarn-spinning factory in India to reduce its exposure to price volatility in China, according to the company's recently published annual accounts, which reveal another year of double-digit sales growth. The company is involved in weaving, dyeing and finishing of linen and linen cotton fabrics.Pic: ShutterstockIt is also feeling the pinch from price fluctuations in Asia, according to a report in an Irish newspaper.In a strategic report acco
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According to OTEXA, USA fell in its apparel consumption by 0.34 per cent in 2019. The country imported 27.74 billion SME apparels in 2019 as against 27.83 billion SME in 2018.Image Courtesy: The first three quarters saw positive trend by 4.61 per cent; 4.02 per cent; and 2.22 per cent respectively, while the 4thquarter saw a massive downfall by 11.89 per cent.In terms of values, the country saw a marginal rise of 1.16 per cent as it imported US $ 83.82 billion worth of apparels as against US $ 8
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The fastest growing large economy in the world is India, according to the 22ndedition of Deloitte’sGlobal Power of Retailing. Longer term, India’s favourable demographics bode well for strong growth and a rising middle class, adds the report which identifies 250 largest retailers of the world across demographics with minimum retail revenue of $3.7 billion.The apparel and accessories sector earned the second highest composite retail revenue growth of 7.1 per cent in FY2017, however the sector cou
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Chinese ambassador to Bangladeshrecently assured Bangladeshi industries, especially those in the textile and readymade garment sector, that the construction of mega projects in the country would not be affected due to thein his country. Bilateral trade would not be affected because of the outbreak, he said.Pic: ShutterstockWuhan, the epicentre of the virus, will not affect the fundamental picture of supply chain of Bangladeshi industries as the city is not a production centre for textile or appa