… consumption trends, particularly in key textile-producing countries such as China …Read More
… revive the long-defunct Rajshahi Textile Mill and transform it into … “Barendra Rajshahi Textile Ltd” under Bangladesh Textile Mills Corporation (BTMC … general manager of the new textile mill, were present at the …Read More
Lindex Group has reported a revenue of €186 million (~$199.02 million) in Q1 2025, down 3 per cent YoY, with a gross margin of 57.4 per cent.
Revenue declined in both Lindex and Stockmann divisions due to weak consumer confidence.
While Lindex faced supply delays, Stockmann improved efficiency.
The group expects 2025 revenue to grow by 0-4 per cent amid geopolitical challenges.Read More
The economic sentiment indicator fell by 1.4 points in both the EU and the euro area by 94.4 and 93.6 respectively in April, official data show.
The employment expectations indicator fell further in the EU by 0.7 points to 96.9, while remaining unchanged in the euro area at 96.5.
Industry confidence remained broadly stable in the EU.
Retail trade confidence (minus 1.7) declined strongly in the EU.Read More
Marzoli, part of the Camozzi Group, will showcase its latest nonwoven tech at TechTextil North America 2025 in Atlanta (May 6–8).
At Booth 3632, it will present solutions for wipes, medical and hygiene products, including the high-performance C702NW card.
Marzoli offers turnkey lines and full project support through its North American subsidiary.Read More
Ahlstrom has reported Q1 2025 net sales of €739.4 million (~$791.16 million), up 5 per cent, with gross profit rising to €131.1 million (~$140.28 million).
Record-high comparable EBITDA of €107.6 million (~$115.13 million) was driven by pricing, procurement, operational excellence, and product mix improvements.
The company strengthened its portfolio by acquiring Stevens Point.Read More
The Federation of Indian Export Organisations recently said US sourcing firms and Chinese exporters are approaching Indian enterprises to supply goods to the US as high US tariffs are making it tough for them to ship directly there.
Chinese firms are eager to pass on their export orders to Indian firms for a commission so that shipments continue and business ties with the US are intact, it said.Read More
Consumer inflation expectations in the euro area for the next 12 months and three years rose in March 2025, while perceived past inflation stayed at 3.1 per cent, the ECB said.
Five-year inflation expectations, published separately for the first time, held at 2.1 per cent.
Income growth expectations were stable, spending growth outlook softened, and unemployment expectations eased.Read More
In the ASEAN region, the IMF recently projected a relatively rare current account surplus of 2.3 per cent of GDP for Cambodia this year, reversing a deficit of 1.7 per cent last year.
But this surplus is forecast to drop to 1.1 per cent of GDP next year.
The Philippines is forecast to suffer the biggest deficit among ASEAN economies cent, followed by Myanmar, Indonesia and Laos.Read More
ICE cotton futures fell on Tuesday, with the July 2025 contract hitting its lowest level since April 16 amid a stronger US dollar, weak demand, and favourable US weather.
Global economic uncertainty, soft mills’ demand in Asia, and falling grain prices added pressure.
July cotton settled at 66.49 cents/lb, down 1.06 cents. Market sentiment remains bearish.Read More