Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
Search Results: cotton (4212)
As per analysts, many Japanese apparel brands are banning Xinjiang cotton, following the suit of many other well-known brands. This action will make them lose out in the Chinese market.
As per Indian Ratings on Friday, it is expected that home textiles exporters will see a growth in the top and bottom lines on account of sustained demand. Stability in raw material prices will also help.
With a spike in the number of COVID-19 cases, Karur textile manufacturers and exporters association has announced a complete shutdown of the manufacturing units starting May19.
Though plant sites are functional with a restricted occupancy level, 1QFY22 may not be a lost quarter, thanks to strong export markets, says Mahaveer Jain of India Ratings
The event is scheduled to take place from June 12-16 in Shanghai, China. The company will be present both physically and virtually at Booth C31, Hall 4 of the National Exhibition and Convention Centre.
US-based retailer Target Corporation completed a vendor re-empanelment process with Welspun Global Brands Ltd., Welspun India’s subsidiary, recently.