China Sees Slowdown in Exports
Between January and May 2023, China’s overall exports of textiles, clothing and accessories totalled $118.202 billion. This marked a decline of 5.26% per cent compared...
Tag : slowdown
Boohoo Plans Alternative Seeing Slow Growth
Due to unprecedented macroeconomic and market headwinds, Boohoo has come up with a new Growth Plan in a bid to drive long-term sustainable growth and...
Surat Sees Severe Recession due to GST, Chinese Imports
Surat, the largest hub for both textiles and diamonds in India, is facing severe recession, as the demand has plummeted. China continues to be a...
FAST FASHION GIANT FOREVER 21 FISSLES DOWN
The fashion retail chains that helped popularize so-called fast fashion in the past decade are going through such rapid makeovers to cope up with the...
Vietnam’s textile industry hit by US-China trade war
Vietnam’s textile industry is facing many difficulties due to the prolonged China-US trade war, witnessing a fall in both export and production, says industry experts....
Bhiwandi on the Verge of Extinction
Bhiwandi, once known as the ‘Manchester of India’, is on the verge of losing its identity due to the global slowdown. Bhiwandi, once known as...