Turkish garment industry is emerging as a leading sourcing hub amid shifting trade dynamics, driven by EU trade access and strong sustainability credentials.
With geopolitical pressures reshaping global apparel supply chains, brands are turning to Turkiye for high-quality, eco-conscious production.
Rising nearshoring demand and trade realignments further reinforce its strategic sourcing appeal.Read More
ICE cotton futures fell for the fourth straight session, weighed down by weaker US economic data and falling crude oil prices.
The July 2025 contract dropped to 66.02 cents per pound, down 0.47 cent, with broader losses seen across contracts.
US GDP shrank by 0.3 per cent in Q1, sparking stock market volatility and dampening cotton sentiment.
Cheaper crude also made polyester more competitive.Read More
Andritz has reported an increase of 20 per cent YoY in Q1 2025 order intake, led by strong growth in Pulp & Paper and Hydropower.
However, revenue declined 6.6 per cent to €1,761 million (~$1.88 billion) due to weakness in Pulp & Paper and Metals.
Net income fell to €89 million (~$95.2 million).
Andritz reaffirmed its 2025 guidance and noted no immediate impact from rising global tariffs.Read More
China’s manufacturing growth slowed in April, with the PMI falling to 50.4 amid weaker export demand and tariff-related disruptions.
New export orders declined, output eased, and firms resumed job cuts.
Despite slower input price deflation, manufacturers continued cutting selling prices, marking a fifth straight month of falling output charges.Read More
The Multi Modal Logistics Park (MMLP), Nagpur, developed by NHLML and JNPA, began operations with the arrival of its first cargo on April 28.
Spread over 150 acres and costing ₹673 crore (~$79.42 million), the park aims to boost intermodal freight movement, reduce travel time, and enhance logistics efficiency with warehousing, cold storage, and customs facilities.Read More
The ILWU has strongly condemned the US tariffs on Chinese imports—now at 145 per cent—calling them an economic assault on working families.
It warned of job losses, rising costs, and worsening inequality.
Highlighting Ocean Network Express cancelling a shipping route and surging construction costs, the union argued tariffs do little to balance trade but instead burden consumers.Read More
Nearly one in three UK mid-sized businesses are prioritising overseas expansion or exports in the next 12 months, despite ongoing global trade challenges, according to new research from BDO.
The survey of 500 business leaders reveals that 32 per cent of …Read More
MIAMI, FL, UNITED STATES, May 1, 2025 /EINPresswire.com/ — Just in time for Mother’s Day, Colombian fashion brand TNS unveils “THE PERFECT MATCH,” a heartfelt collection inspired by the unique connection between mothers and daughters. Created in …Read More
Italy’s consumer confidence index dropped from 95 to 92.7 in April this year, while the index for business confidence climate, the Istat economic sentiment indicator (IESI), further declined from 93.2 to 91.5, according to the official statistical agency …Read More
Colors used in Yoruba batik are selected thoughtfully for their meanings and aesthetic appeal.
Bright hues such as red, blue, and yellow are commonly used, each carrying its own connotation in Yoruba culture.
For example, red would symbolize vitality or …Read More