Fashion News

Slump in Industrial production in Bangladesh amid growing gas crisis

As more gas is being diverted to generate power during summer, gas pressure has plunged in Bangladesh’s industrial zones—at times to zero—crippling production.
Despite two steep price hikes in the last two years, factory owners say availability has only worsened, with no signs of improvement.
A few hundred textile factories reliant on gas are now operating at a fraction of their capacity.Read More

29.04.2025Comments Off
Global trade war to slow world & European growth, warns Fitch

The US-led trade war will curb global and European growth, cutting Eurozone growth forecasts to 0.6 per cent for 2025, according to Fitch Ratings.
For 2026, Eurozone growth is projected at 0.8 per cent.
Inflation and policy rates are projected to decline, while banks and insurers face risks from financial market volatility and deteriorating economic conditions.Read More

29.04.2025Comments Off
India’s LEI rises slightly in March amid signs of slowing growth: TCB

India’s Leading Economic Index (LEI) rose by 0.1 per cent to 158.7 in March 2025, while the Coincident Economic Index (CEI) jumped by 3.8 per cent to 147.7, according to The Conference Board.
Despite slight improvements, sluggish LEI growth signals near-term challenges.
India’s GDP is forecast to slow to 5.9 per cent in 2025, down from 6.6 per cent in 2024.Read More

29.04.2025Comments Off
AlchemPro showcases chemical data platform at ChemExpo India 2025

AlchemPro, Fibre2Fashion’s cloud-based data platform for the chemical industry, is showcasing its market intelligence solutions at ChemExpo India 2025, currently underway at the Bombay Exhibition Centre, Mumbai.
The event highlights India’s growing chemical sector, featuring major domestic and international companies.
It is co-located with ChemProTech and ChemLogistics India.Read More

29.04.2025Comments Off
Labour crunch hits textile output in India’s Gujarat & Maharashtra

Textile hubs in Gujarat and Maharashtra, including Surat and Ichalkaranji, are experiencing a sharp decline in production—up to 50 per cent—due to an annual labour migration, as many workers from Uttar Pradesh and Bihar return home during summer.
Despite the disruption, fabric prices are expected to remain stable due to steady-to-slow demand and pre-planned production.Read More

29.04.2025Comments Off
ICE cotton futures slide on favourable US weather, weak grain markets

ICE cotton futures declined further on April 28, 2025, pressured by favourable US crop weather and weaker Chicago grain markets.
The July 2025 contract fell by 1.25 cents to 67.55 cents per pound.
Beneficial rains in Texas improved crop prospects, dampening bullish sentiment.
US cotton planting reached 15 per cent, slightly ahead of the five-year average.Read More

29.04.2025Comments Off