Fashion News

Vietnam PM calls for thorough preparation for tax negotiations with US

Vietnamese Prime Minister Pham Minh Chinh has called for thorough preparation for tax negotiations with the US, stressing on the need for a swift, flexible approach that protects domestic interests and restructures export dynamics.
The country has ordered enterprises to purchase gas, Boeing aircraft and transport planes from the US to help balance trade, he said at a government meeting.Read More

24.04.2025Comments Off
India reimposes MIP on 4 synthetic knitted fabric codes

India has reimposed a minimum import price (MIP) of $3.5/kg on four HSN codes covering synthetic knitted fabrics, effective until March 31, 2026.
The move follows a 22-day gap in April that likely led to a surge in imports.
While nine other codes are now subject to a fixed ₹115/kg basic duty, over three dozen codes remain unrestricted, prompting concerns of diversion to avoid MIP and customs duties.Read More

24.04.2025Comments Off
Outlast creates smart denim with built-in temperature regulation

Outlast Technologies has introduced temperature-regulating denim that adapts to body heat, enhancing comfort without compromising denim’s durability.
Using natural wax embedded in fibres, the fabric stores and releases heat as needed.
Partnering with Pakistan’s AGI, Outlast ensures the innovation withstands denim’s tough wash processes and lasts throughout the garment’s life.Read More

24.04.2025Comments Off
Germany’s Freudenberg unveils versatile fine filament nonwoven tech

Freudenberg Performance Materials’ fine filament nonwoven technology offers lightweight, customisable materials made from mono or bico fibres in various polymer blends.
With high tensile strength, durability, and thermal stability, it serves diverse uses—roofing, filtration, packaging, coatings, and more—delivering efficiency, mechanical strength, and surface uniformity.Read More

24.04.2025Comments Off
Cotton yarn prices remain stable in north India despite weak demand

Cotton yarn demand in north India remains sluggish in Delhi and Ludhiana markets, with no positive signals from domestic or export sectors.
Rising cotton prices have not supported demand, and concerns over Bangladesh’s yarn import ban and uncertain US export orders persist.
Cotton yarn prices stayed stable, but market sentiment remains negative, with traders reluctant to stock raw materials.Read More

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France’s Kimberly-Clark sees Q1 dip, full-year plan remains on track

Kimberly-Clark has reported net sales of $4.8 billion in Q1 2025, down 6 per cent.
Organic sales decreased by 1.6 per cent.
Adjusted operating profit fell 6 per cent, while EPS decreased 4 per cent.
The company remains confident in offsetting rising global supply chain costs and maintaining long-term growth, with organic sales growth expected to exceed industry averages.Read More

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ASOS can face US tariffs fallout due to improved agility, flexibility

ASOS posted higher half-year earnings for the 26 weeks to March 2, saying it can cope with the fallout from US tariffs due to ‘improved agility and flexibility’ of its sourcing and distribution model despite facing new upheavals from tariffs and trade turmoil.
Its half-year adjusted earnings for the period was $56.57 million.
It said it is on track for annual earnings to hit $173.04-199.7 million.Read More

24.04.2025Comments Off