Insights Uzbekistan has announced measures to accelerate reforms and expand export potential in the textile and knitwear industry, targeting a 9-per cent rise in 2026 production and an export boost to $3.3 billion. Debts of cotton-textile clusters would be restructured and beginning September 1, a reduced social tax rate of 1 per cent will be imposed for three years on these and textile and knitwear enterprises. Uzbek President Shavkat Mirziyoyev recently signed a resolution on measures to ac

Insights ITMA ASIA + CITME, Singapore 2025 will run from October 28-31 at Singapore Expo, showcasing innovations across 19 textile product sectors with 800+ exhibitors from 30 countries. Supported by 80+ industry associations, delegations from Asia and Africa will attend to explore automation, digitalisation, and efficiency solutions. Early bird badge registration closes September 28. The region’s much-anticipated exhibition for sourcing cutting-edge technologies and sustainable soluti

Insights Thailand's garment industry is pressing the government to fast-track the EU FTA to counter rising trade barriers, labour costs, and US tariffs. TGMA president Kitkuson said the deal would offset Vietnam's tariff-free EU access. With the US taking 40 per cent of exports, leaders also opposed a wage hike to 400 baht, warning it would strain the labour-intensive sector employing up to 800,000 workers. Thailand’s garment industry has called on the government to fast-track negotiati

Insights Cambodia exported garments, textiles, shoes, and travel goods worth $10.97 billion between January and August 2025—up by 19 per cent YoY. Garments worth $7.73 billion were exported during the period—a YoY increase of 19 per cent, while textiles worth $449 million were shipped abroad—up by almost 35 per cent YoY. Footwear worth $1.4 billion were exported in the period—up by 28 per cent YoY. Cambodia exported garments, textiles, shoes, and travel goods worth $10

Insights The producer prices of industrial products in Germany were 2.2 per cent lower YoY and 0.5 per cent lower month on month (MoM) in August, according to the Federal Statistical Office. Energy prices in August were down by 8.5 per cent YoY and 1 per cent MoM. When energy prices are excluded, producer prices in August 2025 were up by 0.8 per cent YoY and dropped by 0.2 per cent MoM. The producer prices of industrial products in Germany were 2.2 per cent lower year on year (YoY) and 0.5 pe

Insights India is expected to remain the world's fastest-growing major economy, with GDP projected to rise 6.5 per cent in FY26, matching FY25, according to S&P. Growth will be supported by favourable monsoons, easing oil prices, and lower interest rates. Risks include US tariffs, and weaker export demand. Strong services exports, capex push, and policy support will cushion India's economic outlook. India is set to remain the world’s fastest-growing major economy, with gross domesti

Insights The state's textile and apparel industry is under severe stress due to US tariffs, as stalled shipments and order cancellations raise fears of widespread layoffs. However, with India-US trade talks back on track, many amongst the stakeholders are hoping for an early relief. Others urge a cautious approach with all eyes on how things pan out in the coming days. Karnataka plays an important role in India’s textile and apparel ecosystem, accounting for around 20 per cent of the co

INSIGHTS MUD Jeans has become one of the first companies to complete the TESTEX Circularity label, validating its efforts in durability and recyclability while identifying repairability as an area for growth. The pilot confirmed the brand's strengths and supports its Road to 100 initiative, aiming for jeans made entirely from post-consumer recycled materials. MUD Jeans, a leader in sustainable denim, has become one of the first companies to complete the TESTEX CIRCULARITY label, a new programm

The additional tariffs imposed by the US have begun to reduce Vietnam's export momentum and brand profit margins. On September 8, the World Bank lowered Vietnam's 2025 growth forecast to 6.6%. However, think tanks of the Vietnamese government still adhere to the target of 8.3-8.5%, stating that "macroeconomic conditions are favorable". Starting from August 7, 2025, the US has imposed a uniform 20% tariff on most Vietnamese goods exported to the US, and a 40% tariff on third - country goods ide

INSIGHTS The UK consumer price index (CPI) rose by 3.8 per cent in the 12 months to August 2025, unchanged from July. On a monthly basis, CPI rose by 0.3 per cent in the month, the same rate as in August 2024. The CPI for clothing and footwear rose by 0.2 per cent YoY in August, compared to 0.3-per cent YoY rise in July. It rose by 1 per cent month on month in August, unchanged from the July figure. The UK consumer price index (CPI) rose by 3.8 per cent in the 12 months to August 2025, unchang